Velos Insurance Services Limited in London, SE1 3TQ

Description

Data updated on: 01-11-2023

Velos Insurance Services Limited, a Private Limited Company, that is based in 5 Market Yard Mews, 194-204 Bermondsey Street in London. It's zip code SE1 3TQ. The firm has been prospering 27 years on the British market. The firm's Companies House Registration Number is 03484670. This firm's registered with SIC code 65120 - Non-life insurance. 2022/12/31 is the last time when the accounts were reported.

Stephan V. is the following company's single director, that was selected to lead the company on 2004-01-01. Since 1999-11-29 Stephan V., had been supervising this specific firm till the resignation in December 1999. Additionally another director, specifically John R. quit in 2001.

Stephan V. is the individual with significant control over this firm, owns over 1/2 to 3/4 of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	97 865	22 608	33 608	15 758	23 457

Balance Sheet
Cash Bank In Hand	306 648	186 571	117 767	118 150	283 567
Cash Bank On Hand					283 567	517 048	699 266	336 511	506 457	364 882	688 548	2 571 646
Current Assets	417 834	461 664	622 452	445 685	1 075 064	2 069 986	2 268 508	1 653 780	1 964 238	1 559 167	1 979 257	5 025 175
Debtors	111 186	275 093	504 685	327 535	791 497	1 552 938	1 569 242	1 317 269	1 457 781	1 194 285	1 290 709	2 453 529
Net Assets Liabilities Including Pension Asset Liability		22 608	33 608	15 758	23 457
Other Debtors					86 418	92 617	120 745	14 493	22 746	71 877	71 804	6 513
Property Plant Equipment					40 730	27 784	27 761	59 463	44 491	36 819	8 802	17 474
Tangible Fixed Assets	28 804	57 541	74 650	56 087	40 730

Capital & Reserves
Called Up Share Capital	240 611	240 611	357 716	412 716	412 716
Profit Loss Account Reserve	-142 746	-218 003	-358 655	-431 505	-423 806
Shareholder Funds	97 865	22 608	33 608	15 758	23 457

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					85 537	98 483	113 521	130 895	145 867	153 539	181 556	187 381
Average Number Employees During Period						9	10	10	10	9	11	11
Bank Borrowings Overdrafts						24 551	19 413
Bank Overdrafts						24 551	19 413
Creditors					1 092 337	2 025 532	2 233 275	1 619 843	1 893 651	1 472 236	1 847 860	4 919 715
Creditors Due After One Year			56 747	26 747	31 607
Creditors Due Within One Year	348 773	496 597	606 747	459 267	1 060 730
Increase From Depreciation Charge For Year Property Plant Equipment						12 946	15 038	17 374	14 972	7 672	28 017	5 825
Net Current Assets Liabilities	69 061	-34 933	15 705	-13 582	-17 273	44 454	35 233	33 937	70 587	86 931	131 397	105 460
Number Shares Allotted		240 611	80 740	80 740	135 740
Other Creditors					39 115	45 403	415 165	45 495	49 886	106 527	84 529	449 792
Other Taxation Social Security Payable					2 952	15 779	13 873	11 809	11 058	14 820	3 944	17 162
Par Value Share		1	1	1	1
Property Plant Equipment Gross Cost					126 267	126 267	141 282	190 358	190 358	190 358	190 358	204 855
Secured Debts			51 353	10 936
Share Capital Allotted Called Up Paid	240 611	240 611	80 740	135 740	135 740
Share Premium Account			34 547	34 547	34 547
Tangible Fixed Assets Additions		47 917	39 945
Tangible Fixed Assets Cost Or Valuation	38 405	86 322	126 267	126 267
Tangible Fixed Assets Depreciation	9 601	28 781	51 617	70 180	85 537
Tangible Fixed Assets Depreciation Charged In Period		19 180	22 836	18 563	15 357
Total Additions Including From Business Combinations Property Plant Equipment							15 015	49 076				14 497
Total Assets Less Current Liabilities	97 865	22 608	90 355	42 505	23 457	72 238	62 994	93 400	115 078	123 750	140 199	122 934
Trade Creditors Trade Payables					1 050 270	1 939 799	1 784 824	1 562 539	1 832 707	1 350 889	1 759 387	4 452 761
Trade Debtors Trade Receivables					705 079	1 460 321	1 448 497	1 302 776	1 435 035	1 122 408	1 218 905	2 447 016