VELOCITY MEDIA GROUP LIMITED

Executive Summary

Velocity Media Group Limited is a micro-entity with negligible turnover and no tangible assets, currently operating at a loss with zero net assets and no liquidity. The company’s financial profile indicates high credit risk with insufficient capacity to service debt or financial obligations. Credit approval is not recommended without substantial improvement in financial performance and asset base.

VELOCITY MEDIA GROUP LIMITED - Analysis Report

Company Number: 13529215

Analysis Date: 2025-07-29 17:16 UTC

1. Credit Opinion: DECLINE
   Velocity Media Group Limited shows very limited trading activity and financial substance. The latest accounts indicate nominal turnover (£1,368) with a loss of £1,379, no current or fixed assets, zero net assets, and no working capital. The company is a micro entity with a short operating history (since 2021) and no staff. The negative profit trend and absence of tangible financial resources imply an inability to service debt or meet credit obligations reliably. The lack of cash or creditors further suggests minimal operational scale. Without significant improvement or external support, credit risk is high.

2. Financial Strength:
   The balance sheet is effectively nil, with total assets and net assets reported at zero as of the latest accounting date (31 July 2024). Previous years showed negative net assets (£-470 in 2023 and £-983 in 2021) but these have been written off or adjusted to zero in 2024 with no fixed or current assets recorded. No shareholders’ funds exist. The company does not hold material tangible or intangible assets and lacks working capital, which limits financial resilience.

3. Cash Flow Assessment:
   No cash or current assets are reported, indicating no liquidity cushion. Current liabilities are also zero, suggesting little to no operational or trade payables. The absence of cash flow from operations or working capital means the company is not generating sufficient internal funds to cover expenses. The losses incurred further deteriorate potential cash flow. The micro entity status and no employees imply a very lean operation, but also minimal capacity to handle financial stress.

4. Monitoring Points:

• Turnover and profitability trends in the next reporting period
• Changes in net assets and working capital position
• Cash flow generation or reliance on external funding
• Directors’ strategy for business growth or restructuring
• Status of any trade creditors or financial obligations emerging
• Any new appointments or significant changes in ownership or control