FIRST VELOCITY, LTD

Company number 11940568 · Active (Active - Proposal to Strike off)

FIRST VELOCITY, LTD is a private limited company registered in CARDIFF, United Kingdom, incorporated on 11 Apr 2019. Its registered activity is information technology consultancy activities. Its latest published accounts for the period ending 30 Apr 2021 show equity of £39, total assets of £79k. It has filed 2 sets of accounts, 2 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets4.9×< 0.00304687 · 0.57 % became insolvent
Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent

Lowers the risk

Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
11940568 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
11 Apr 2019 (8 years)
Registered address
CF14 8LH CARDIFF
Postcode area
Cardiff
Activity
62020 Information technology consultancy activities
Industry
Computer programming and consultancy
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Apr 202115 Feb 2022– –£39£79k –£701
30 Apr 202015 Feb 2021– –£44£45k –£2,4441

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about FIRST VELOCITY, LTD

What is the company number of FIRST VELOCITY, LTD?

FIRST VELOCITY, LTD is registered under company number 11940568 in the official register of United Kingdom. View it at the official register.

Is FIRST VELOCITY, LTD still active?

Yes. FIRST VELOCITY, LTD is registered as active (status: Active - Proposal to Strike off).

Has FIRST VELOCITY, LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for FIRST VELOCITY, LTD in the official data.

How likely is FIRST VELOCITY, LTD to become insolvent?

Our model estimates a 0.01 % probability that FIRST VELOCITY, LTD becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was FIRST VELOCITY, LTD founded?

FIRST VELOCITY, LTD was incorporated on 11 Apr 2019.

Where is FIRST VELOCITY, LTD registered?

FIRST VELOCITY, LTD's registered address is in CF14 8LH CARDIFF (Cardiff), United Kingdom.

What do the latest accounts of FIRST VELOCITY, LTD show?

The latest published accounts (period ending 30 Apr 2021) show equity of £39, total assets of £79k, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.