Veltech(uk)co. Ltd
- Active
- Small
- 4 years
- 10 employees
- £1,932,060 (cur assets)
- 1m-15m
- Regular importer
- Real address
- 1 director
- No owners
- Port Talbot
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 5 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Veltech Uk Co Ltd, based in Port Talbot, UK, is a small, active company founded just three years ago in 2021. With £879,634 in assets and a real registered address, it employs ten people and is led by two directors and one owner. The company operates an e-commerce site and regularly imports electrical machinery and equipment, with the latest import activity recorded in January 2025.
The website, WattaHome by Veltech, showcases a range of Roku TVs, assembled in Port Talbot, Wales. It features a direct-from-factory shopping model, aiming to reduce costs and carbon footprints by eliminating middlemen. The site also highlights customer reviews and offers a variety of TVs, from HD LED models to smart TVs, alongside EV charging cables and electric scooters. The website also includes a comprehensive FAQ section, detailing shipping policies, payment methods, and customer support options.
Financially, Veltech Uk Co Ltd presents a mixed picture. While the company holds a substantial amount of assets, its equity is negative at -£340,000, indicating accumulated losses. Cash bank on hand remains steady at £300,000, but trade creditors increased by 35% to £51,000. Debtor levels are steady at £79,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the negative equity suggests ongoing financial pressures. No auditor is mentioned, likely due to the company's small size and exemption from an audit. The company’s current liabilities are also high, with creditors at £1.2 million, which could be a concern.
Registered in Wales under the registration number 13738281, with a registered address at SA13 2PE, Wales, Port Talbot, Unit 1 Kenfig Industrial Estate, Margam.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Managers
-
Individual
- 2 years
-
Resident of China
Last reports
The latest confirmation statement submitted twelve months ago.
Last news
-
Director's details changed for Mr Junping Chi on 2026-01-09Download 2 pages pdf report
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Termination of appointment of Jonathan Giles Evans as a director on 2025-10-31Download 1 page pdf report
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Accounts for a small company made up to 2024-10-31Download 8 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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