Velotek Assets Limited in Aberdeen, AB10 6SD

Description

Data updated on: 01-11-2023

Velotek Assets Limited 's been on the market for at least 19 years. Started with registration number SC279294 in 2005, the company is based at Brodies House, Aberdeen AB10 6SD. It has been already ten years from the moment This company's business name is Velotek Assets Limited, but till 2014 the business name was Scotoil Assets and up to that point, up till Thursday 1st December 2005 the business was known as Showfest. This means it has used three other names. This business's Standard Industrial Classification Code is 68209 and their NACE code stands for Other letting and operating of own or leased real estate. Its latest accounts cover the period up to 2022-12-31 and the most current annual confirmation statement was released on 2023-02-02.

When it comes to this firm, the majority of director's responsibilities have been performed by Gayle A., Ross D., Ian H. and Graham D.. As for these four individuals, Graham D. has supervised firm for the longest time, having become a part of the Management Board on 2013. Another limited company has been appointed as one of the secretaries of this company: Brodies Secretarial Services Limited.

Previous company's names
Velotek Assets Limited 2014-12-01
Scotoil Assets Limited 2005-12-01
Showfest Limited 2005-02-02

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-12-31	2015-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	1 849 781	1 498 824

Balance Sheet
Cash Bank On Hand			36	1 404	40 751	35	31 893
Current Assets	120 039	103 407	358 893	301 967	331 002	291 674	397 062
Debtors		27 500	358 857	300 563	290 251	291 639	365 169
Net Assets Liabilities			1 630 106	1 511 025	1 607 867	1 684 170	1 798 708
Other Debtors			96 543		6 087	256 600	330 133
Cash Bank In Hand	120 039	75 907
Tangible Fixed Assets	1 780 000	1 650 000

Capital & Reserves
Called Up Share Capital	35 305	35 305
Profit Loss Account Reserve	69 781	71 264
Shareholder Funds	1 849 781	1 498 824

Other Financial Data
Accrued Liabilities Deferred Income				3 050	3 050	3 050	3 050
Average Number Employees During Period			4	4	4	4	4
Bank Borrowings Overdrafts					150 000
Corporation Tax Payable				23 179	26 222	29 984	25 694
Corporation Tax Recoverable				4	4	4
Creditors			240 000	228 406	201 603	60 225	51 075
Deferred Income				23 358	22 331	22 331	22 331
Further Item Creditors Component Total Creditors				38 406
Investment Property			1 560 000	1 560 000	1 560 000	1 560 000	1 560 000
Investment Property Fair Value Model			1 560 000	1 560 000		1 560 000
Net Current Assets Liabilities	69 781	-151 176	310 106	252 380	129 399	231 449	345 987
Other Creditors			28 153	26 408	25 381	30 241	25 381
Other Creditors Including Taxation Social Security Balance Sheet Subtotal			20 419	23 179	26 222	29 984	25 694
Other Remaining Borrowings			240 000	190 000
Prepayments Accrued Income				116	322
Provisions For Liabilities Balance Sheet Subtotal				72 949	81 532	107 279	107 279
Total Assets Less Current Liabilities			1 870 106	1 812 380	1 689 399	1 791 449	1 905 987
Total Borrowings			215		150 000
Trade Creditors Trade Payables						4 860
Trade Debtors Trade Receivables			262 314	300 443	283 838	265 673	35 036
Creditors Due Within One Year	50 258	254 583
Net Assets Liability Excluding Pension Asset Liability	1 849 781	1 498 824
Number Shares Allotted		35 305
Other Reserves	1 744 695	1 392 255
Par Value Share		1
Share Capital Allotted Called Up Paid	35 305	35 305
Tangible Fixed Assets Additions		222 440
Tangible Fixed Assets Cost Or Valuation	1 780 000
Tangible Fixed Assets Increase Decrease From Revaluations		-352 440