Velotech Services Limited

Velotech Services Ltd, based in Leamington Spa, UK, is a small, active company founded 16 years ago. With four employees and £283,451 in assets, it's a solo-founded operation managed by a single director and owner. The business has a perfect 5.0 Google rating from 14 reviews and regularly imports vehicles, parts, and accessories—a total of 13 months of import activity, with the latest in March 2025. The registered address, however, is likely virtual, as 87 companies share the same location.

The company’s website, salesvelotechservices.co.uk, showcases a B2B and retail operation specializing in premium cycling solutions. It offers a wide range of products, including wheel hubs, spokes, OEM cranksets, ceramic bearings, and hydration systems. A dedicated “Trade” section suggests a focus on wholesale distribution, while a “Clearance” section indicates a strategy for moving older stock. The site also features a blog and a “Rotor Range” section, highlighting a partnership with the cycling component manufacturer Rotor. The website also lists a physical address in Stratford-upon-Avon, Warwickshire.

Financially, Velotech Services Ltd shows a mixed picture. Cash reserves increased significantly by 170% to £96,000, a positive sign of improved liquidity. However, net assets declined by 31% to £58,000, and equity dropped by a similar amount. Bank borrowings increased by 6.1%, reaching £11,000, and creditors grew by 33% to £240,000. Trade debtors decreased by 26%, which could indicate better collection practices. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity warrants attention. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

Overall, Velotech Services Ltd appears to be navigating a period of change. The increase in cash reserves is encouraging, but the decline in equity and rising creditors suggest that the company is burning through money. The company’s success will depend on its ability to manage its costs and maintain its sales momentum.

Registered in England/Wales under the registration number 06694006, with a registered address at CV32 4LY, Leamington Spa, Warwickshire, Nelson House, 2 Hamilton Terrace.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.