Velocix Solutions Limited
Other information technology service activities · London
ActiveUnited KingdomIncorporated 2018Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£70,260,220
Cash
£279,685
Turnover
£27,249,429
Profit / loss
£8,958,887
Current assets
£38,876,922
Creditors < 1 year
£29,032,097
Equity
£70,260,220
Average employees
33
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £70,260,220 | £61,301,333 |
| Equity | £70,260,220 | £61,301,333 |
| Share capital | £5,648,040 | £5,648,040 |
| Retained earnings | £28,848,134 | £19,889,247 |
| Assets | ||
| Fixed assets | £60,415,395 | £60,470,352 |
| Intangible assets | £45,895 | £52,690 |
| Property, plant & equipment | £2,260 | £50,422 |
| Investments | £60,367,240 | £60,367,240 |
| Current assets | £38,876,922 | £21,743,924 |
| Cash at bank | £279,685 | £1,594,362 |
| Debtors | £38,597,237 | £20,149,562 |
| Liabilities | ||
| Creditors within one year | £29,032,097 | £20,912,943 |
| Net current assets | £9,844,825 | £830,981 |
| Assets less current liabilities | £70,260,220 | £61,301,333 |
| Profit & loss | ||
| Turnover | £27,249,429 | £31,448,947 |
| Cost of sales | £7,433,932 | £8,033,602 |
| Gross profit | £19,815,497 | £23,415,345 |
| Administrative expenses | £10,764,150 | £10,989,889 |
| Other operating income | £2,132,854 | £4,000,000 |
| Operating profit | £9,051,347 | £12,425,456 |
| Interest receivable | £37,546 | £3,409 |
| Interest payable | — | £245 |
| Profit before tax | £11,221,747 | £16,428,620 |
| Tax | £2,262,860 | £3,391,157 |
| Profit / loss | £8,958,887 | £13,037,463 |
| Operating costs | ||
| Depreciation | £50,861 | £77,897 |
| Amortisation | £33,313 | £52,534 |
| Audit fees | £57,575 | £56,175 |
| People & pay | ||
| Average employees | 33 | 29 |
| Staff costs | £3,387,819 | £2,496,230 |
| Wages & salaries | £2,803,690 | £1,916,493 |
| Social security costs | £410,333 | £420,539 |
| Pension costs | £173,796 | £159,198 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Lumine Group UK Holdco Limited
- Ultimate parent
- Constellation Software Inc.
- Ultimate controlling party
- Constellation Software Inc.
- Accounts
- FRS 101
- Approved
- 2026-09-17, signed by Sophie Hamon
Subsidiaries (4)
- Velocix Solutions India LLP · 99% · 204, 2nd Floor, Aditya Trade Centre, Ameerpet, Hyderabad, India
- Velocix Solutions Portugal, Unipessoal, LDA · 100% · Rua do Indico, Ed. Altis, 3ºR, Cerro Alagoa, 8200-139 Albufeira, Portugal
- MDS CEM Holdings Limited · 100% · Suite 423 Chadwick House, Birchwood Park, Birchwood, Warrington, Cheshire, WA3 6AE
- MDS Global Limited (indirect holding) · 100% · Suite 423 Chadwick House, Birchwood Park, Birchwood, Warrington, Cheshire, WA3 6AE
Turnover by segment (10)
- Software: 4,033,808 (2025-12-31)
- Service: 19,632,369 (2025-12-31)
- Hardware: 3,583,252 (2025-12-31)
- Software: 5,818,186 (2024-12-31)
- Service: 22,028,825 (2024-12-31)
- Hardware: 3,601,936 (2024-12-31)
- United Kingdom: 16,402,222 (2025-12-31)
- Rest of the world: 10,847,207 (2025-12-31)
- United Kingdom: 18,800,102 (2024-12-31)
- Rest of the world: 12,648,845 (2024-12-31)
Share classes (1)
- 5,648,039,870 Ordinary of £0.001
Events after the year end (1)
- There have been no significant events affecting the Company since the year end.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFloating · created 2024-03-20
—
Outstanding