velo e-scooters limited

velo e-scooters limited Company Information

Share VELO E-SCOOTERS LIMITED
Live 
StartupMicro

Company Number

12606391

Industry

Retail sale of sporting equipment in specialised stores

 

Directors

Iain Crawford

Shareholders

dmic investments limited

Group Structure

View All

Contact

Registered Address

room 73 wrest house wrest park, silsoe, MK45 4HR

velo e-scooters limited Estimated Valuation

£53.9k

Pomanda estimates the enterprise value of VELO E-SCOOTERS LIMITED at £53.9k based on a Turnover of £134.2k and 0.4x industry multiple (adjusted for size and gross margin).

velo e-scooters limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VELO E-SCOOTERS LIMITED at £0 based on an EBITDA of £-21.1k and a 4.18x industry multiple (adjusted for size and gross margin).

velo e-scooters limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VELO E-SCOOTERS LIMITED at £0 based on Net Assets of £-239.4k and 2.07x industry multiple (adjusted for liquidity).

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Velo E-scooters Limited Overview

Velo E-scooters Limited is a live company located in silsoe, MK45 4HR with a Companies House number of 12606391. It operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles sector, SIC Code 47640. Founded in May 2020, it's largest shareholder is dmic investments limited with a 100% stake. Velo E-scooters Limited is a startup, micro sized company, Pomanda has estimated its turnover at £134.2k with unknown growth in recent years.

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Velo E-scooters Limited Health Check

Pomanda's financial health check has awarded Velo E-Scooters Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £134.2k, make it smaller than the average company (£600.3k)

£134.2k - Velo E-scooters Limited

£600.3k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Velo E-scooters Limited

- - Industry AVG

production

Production

with a gross margin of 31.2%, this company has a comparable cost of product (31.2%)

31.2% - Velo E-scooters Limited

31.2% - Industry AVG

profitability

Profitability

an operating margin of -15.7% make it less profitable than the average company (3%)

-15.7% - Velo E-scooters Limited

3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (21)

1 - Velo E-scooters Limited

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £25k, the company has an equivalent pay structure (£25k)

£25k - Velo E-scooters Limited

£25k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £134.2k, this is equally as efficient (£134.2k)

£134.2k - Velo E-scooters Limited

£134.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Velo E-scooters Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Velo E-scooters Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Velo E-scooters Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Velo E-scooters Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Velo E-scooters Limited

- - Industry AVG

VELO E-SCOOTERS LIMITED financials

EXPORTms excel logo

Velo E-Scooters Limited's latest turnover from May 2023 is estimated at £134.2 thousand and the company has net assets of -£239.4 thousand. According to their latest financial statements, Velo E-Scooters Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2023May 2022May 2021
Turnover134,179186,59495,382
Other Income Or Grants000
Cost Of Sales92,384128,67266,834
Gross Profit41,79457,92228,549
Admin Expenses62,911223,97381,875
Operating Profit-21,117-166,051-53,326
Interest Payable000
Interest Receivable0626
Pre-Tax Profit-21,117-165,989-53,320
Tax000
Profit After Tax-21,117-165,989-53,320
Dividends Paid000
Retained Profit-21,117-165,989-53,320
Employee Costs25,00249,18140,199
Number Of Employees122
EBITDA*-21,117-166,051-53,326

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021
Tangible Assets000
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets000
Stock & work in progress050,1004,202
Trade Debtors000
Group Debtors000
Misc Debtors000
Cash0012,301
misc current assets000
total current assets050,10016,503
total assets050,10016,503
Bank overdraft000
Bank loan000
Trade Creditors 000
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities239,426268,40968,823
total current liabilities239,426268,40968,823
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities000
total liabilities239,426268,40968,823
net assets-239,426-218,309-52,320
total shareholders funds-239,426-218,309-52,320
May 2023May 2022May 2021
Operating Activities
Operating Profit-21,117-166,051-53,326
Depreciation000
Amortisation000
Tax000
Stock-50,10045,8984,202
Debtors000
Creditors000
Accruals and Deferred Income-28,983199,58668,823
Deferred Taxes & Provisions000
Cash flow from operations0-12,36311,295
Investing Activities
capital expenditure000
Change in Investments000
cash flow from investments000
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue001,000
interest0626
cash flow from financing0621,006
cash and cash equivalents
cash0-12,30112,301
overdraft000
change in cash0-12,30112,301

velo e-scooters limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Velo E-scooters Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for velo e-scooters limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in MK45 area or any other competitors across 12 key performance metrics.

velo e-scooters limited Ownership

VELO E-SCOOTERS LIMITED group structure

Velo E-Scooters Limited has no subsidiary companies.

Ultimate parent company

1 parent

VELO E-SCOOTERS LIMITED

12606391

VELO E-SCOOTERS LIMITED Shareholders

dmic investments limited 100%

velo e-scooters limited directors

Velo E-Scooters Limited currently has 1 director, Mr Iain Crawford serving since Feb 2021.

officercountryagestartendrole
Mr Iain CrawfordEngland49 years Feb 2021- Director

P&L

May 2023

turnover

134.2k

-28%

operating profit

-21.1k

0%

gross margin

31.2%

+0.34%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2023

net assets

-239.4k

+0.1%

total assets

0

-1%

cash

0

0%

net assets

Total assets minus all liabilities

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velo e-scooters limited company details

company number

12606391

Type

Private limited with Share Capital

industry

47640 - Retail sale of sporting equipment in specialised stores

incorporation date

May 2020

age

4

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

May 2023

previous names

electric city scooters limited (September 2020)

electric city bikes limited (May 2020)

accountant

MDG BUSINESS ASSOCIATES LIMITED

auditor

-

address

room 73 wrest house wrest park, silsoe, MK45 4HR

Bank

-

Legal Advisor

-

velo e-scooters limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to velo e-scooters limited.

velo e-scooters limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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velo e-scooters limited Companies House Filings - See Documents

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