VELOCITY TECHNOLOGY GROUP LTD

Executive Summary

Velocity Technology Group Ltd is a micro-entity IT consultancy newly established in 2021 with a lean operational model and full ownership by a South African parent company, positioning it as an agile but nascent player in the UK IT services sector. Its competitive advantage lies in potential cross-border synergies and focused specialist services, though current negative net assets and a one-person team constrain its scale and market presence. Strategic growth depends on leveraging parent company resources, expanding service offerings, and scaling the workforce to capitalize on UK SME digital transformation demand while mitigating financial and competitive risks.

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Company Documents

DateDescription
14/04/2514 April 2025 Confirmation statement made on 2025-04-06 with no updates

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15/07/2415 July 2024 Micro company accounts made up to 2024-02-29

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19/04/2419 April 2024 Confirmation statement made on 2024-04-06 with no updates

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29/12/2329 December 2023 Confirmation statement made on 2023-04-06 with no updates

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21/04/2321 April 2023 Micro company accounts made up to 2023-02-28

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28/03/2328 March 2023 Registration of charge 137930160001, created on 2023-03-24

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20/03/2320 March 2023 Previous accounting period extended from 2022-12-31 to 2023-02-28

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28/02/2328 February 2023 Annual accounts for year ending 28 Feb 2023

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10/02/2310 February 2023 Certificate of change of name

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16/12/2216 December 2022 Confirmation statement made on 2022-12-09 with no updates

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10/12/2110 December 2021 Incorporation

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