VELOTEK INVESTMENTS LIMITED Financials
- Company number
- SC370877Copy
Copy - Registered office
- Infinity Partnership, 5 Carden Place, Aberdeen AB10 1UT
- Incorporated
- 08/01/2010
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
3.57%vs 20222022: £6.00M
Total Assets
2.41%vs 20222022: £10.57M
Cash in Bank
-80.12%vs 20222022: £86.34K
Total Liabilities
-10.89%vs 20222022: £1.18M
Employees
0vs 20222022: 4
In 2023, VELOTEK INVESTMENTS LIMITED reported net assets of £6.22M. The same filing shows total assets of £10.82M, cash in bank of £17.16K and total liabilities of £1.05M. Reported headcount was 4 in 2023. Total Assets rose from £10.57M in 2022 to £10.82M in 2023 (2.41%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
3.57%from £6.00M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures VELOTEK INVESTMENTS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-1.3%vs 2021-0.7% a year compound (CAGR)
Cash in Bank
+285967%vs 2021+5249% a year compound (CAGR)
Total Assets
-5.8%vs 2021-2.9% a year compound (CAGR)
Total Liabilities
-27.6%vs 2021-14.9% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Cash in Bank+285967%
£6.00 in 2021 to £17.16K in 2023
Biggest decrease
Total Liabilities-27.6%
£1.45M in 2021 to £1.05M in 2023
VELOTEK INVESTMENTS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VELOTEK INVESTMENTS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 57.43%2023
- Liabilities to total assets
- 9.69%2023
- Cash to liabilities
- 1.64%2023
- Cash to total assets
- 0.16%2023
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for VELOTEK INVESTMENTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 6.30M | 6.00M | 6.22M |
| Total Assets£ | 11.49M | 10.57M | 10.82M |
| Cash in Bank£ | 6.00 | 86.34K | 17.16K |
| Total Liabilities£ | 1.45M | 1.18M | 1.05M |
| Employees | 4 | 4 | 4 |
VELOTEK INVESTMENTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has VELOTEK INVESTMENTS LIMITED filed financial statements?
Yes. Okredo holds filed figures for VELOTEK INVESTMENTS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did VELOTEK INVESTMENTS LIMITED report in 2023?
VELOTEK INVESTMENTS LIMITED reported net assets of £6.22M for 2023. That compares with £6.00M in 2022, a change of 3.57%.
What total assets did VELOTEK INVESTMENTS LIMITED report in 2023?
VELOTEK INVESTMENTS LIMITED reported total assets of £10.82M for 2023. That compares with £10.57M in 2022, a change of 2.41%.
What cash in bank did VELOTEK INVESTMENTS LIMITED report in 2023?
VELOTEK INVESTMENTS LIMITED reported cash in bank of £17.16K for 2023. That compares with £86.34K in 2022, a change of -80.12%.
How many people does VELOTEK INVESTMENTS LIMITED employ?
VELOTEK INVESTMENTS LIMITED reported 4 employees in 2023, compared with 4 in 2022.
How have VELOTEK INVESTMENTS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, VELOTEK INVESTMENTS LIMITED's net assets fell by 1.3%, cash in bank rose by 285967%, total assets fell by 5.8% and total liabilities fell by 27.6%. Net assets contracted at 0.7% a year across the two years to 2023, from £6.30M to £6.22M. Reported headcount went from 4 in 2021 to 4 in 2023.
Which years of VELOTEK INVESTMENTS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.