Velo Limited company overview
Velo Limited is a private limited company registered with company number 02262861. It was incorporated on 27 May 1988 and its current status is active.
The registered office is at Number One, Great Exhibition Way, Kirkstall Forge, Leeds, LS5 3BF. The company has 4 active officers. It was previously called Precis (744) Limited.
Velo Limited upcoming deadlines
Year end accounts
Due 31 Dec 2026
Confirmation statement
Due 15 Oct 2027
Corporation tax payment
Due 1 Jan 2027
Dates are the ones Companies House holds for this company. Late accounts trigger automatic Companies House penalties starting at £150, and HMRC charges interest on late corporation tax.
Velo Limited at a glance
38 years
Trading age
14,050 days since incorporation
4
Active officers
Mark, Manisha, Nicola, Richard
364
Filings on record
Latest: 12 Oct 2026
100/100
Filing health score
Accounts and statement up to date
Directors of Velo Limited
Former officers
30 more officers are on the register. See all on Companies House
Nature of business (SIC codes)
45111
Sale of new cars and light motor vehicles
64910
Financial leasing
77110
Renting and leasing of cars and light motor vehicles
96090
Other service activities not elsewhere classified
Allowable expenses for Velo Limited
Based on Velo Limited's SIC codes (45111, 64910, 77110, 96090), these are typical tax-deductible expenses for a general business company. Claiming them lowers the profit you pay corporation tax on.
Vehicle & mileage
45p a mile for the first 10,000 business miles in a personal car.
Staff & director salaries
Wages, employer NI and pension contributions paid through PAYE.
Accountancy & legal fees
Bookkeeping, year-end accounts, tax advice and company secretarial costs.
Business insurance
Public liability, professional indemnity and employer's liability cover.
Phone & internet
Business mobile contracts, broadband and a share of home internet.
General guidance only — every expense must be wholly and exclusively for business. Ask an accountant
Tax guide for businesses like Velo Limited
How much tax does a limited company pay?
UK companies pay corporation tax at 19% on profits up to £50,000, rising to 25% above £250,000, with marginal relief in between. Claiming every allowable expense reduces taxable profit.
Does a company like Velo Limited need to register for VAT?
VAT registration is compulsory once taxable turnover passes £90,000 in any rolling 12 months. Many businesses register voluntarily to reclaim VAT on costs.
How much does an accountant cost for a limited company in Leeds?
Fixed-fee accountants typically charge £60–£200 a month for a small limited company, covering year-end accounts, corporation tax and the confirmation statement.
Can directors of Velo Limited pay themselves in dividends?
Most small company directors take a low salary plus dividends. Dividends are paid from profits after corporation tax, with an annual £500 dividend allowance.
Filing history
12 Oct 2026 · CS01
Confirmation statement made on 1 Oct 2026 with no updates
14 Oct 2025 · CS01
Confirmation statement made on 1 Oct 2025 with no updates
28 Aug 2025 · AA
Full accounts made up to 31 Mar 2025
25 Mar 2025 · TM01
Termination of appointment of Timothy Peter Buchan as a director on 21 Mar 2025
25 Mar 2025 · AP01
Appointment of Mr Richard Andrew Jones as a director on 24 Mar 2025
8 Oct 2024 · CS01
Confirmation statement made on 1 Oct 2024 with no updates
19 Sep 2024 · AA
Full accounts made up to 31 Mar 2024
5 Aug 2024 · AP01
Appointment of Nicola Brown as a director on 24 Jul 2024
12 Feb 2024 · MR04
Mortgage satisfy charge full
18 Dec 2023 · AA
Full accounts made up to 31 Mar 2023
11 Oct 2023 · CS01
Confirmation statement made on 1 Oct 2023 with no updates
19 May 2023 · TM01
Termination of appointment of Martin Peter Holland as a director on 31 Mar 2023
11 Oct 2022 · CS01
Confirmation statement made on 1 Oct 2022 with no updates
6 Oct 2022 · AA
Full accounts made up to 31 Mar 2022
31 Jan 2022 · MR04
Mortgage satisfy charge full
2 Nov 2021 · AA
Full accounts made up to 31 Mar 2021
1 Oct 2021 · CS01
Confirmation statement made on 1 Oct 2021 with no updates
10 Aug 2021 · TM01
Termination of appointment of Robert Alan Butler as a director on 31 Jul 2021
10 Aug 2021 · AP01
Appointment of Mr Martin Peter Holland as a director on 1 Aug 2021
15 Dec 2020 · AA
Full accounts made up to 31 Mar 2020
Showing the latest 20 of 364 filings. See the full history on Companies House
Accounting services for Velo Limited
From tax to payroll, find accountants who look after every part of Velo Limited’s finances.
Year-end accounts
Statutory accounts prepared and filed with Companies House on time, every year.
Corporation tax
CT600 returns filed with HMRC and tax planned so you only pay what you owe.
Payroll
Pay your team on time every month, with RTI submissions and pensions handled.
VAT & bookkeeping
Keep your books tidy and your VAT returns MTD-ready all year round.
Confirmation statement
Your annual confirmation statement checked and filed before the deadline.
Management accounts
Monthly or quarterly reports so you can see how the business is really doing.
More about Velo Limited
About Velo Limited
Velo Limited is a UK private limited company based in Leeds, registered at Companies House as company number 02262861 since 27 May 1988. Its listed activities include sale of new cars and light motor vehicles, financial leasing, renting and leasing of cars and light motor vehicles, other service activities not elsewhere classified. This page brings together its public record — directors, registered office, nature of business and filing history — in one easy place.
Velo Limited filings and compliance
Every UK limited company must file annual accounts, a confirmation statement and a corporation tax return each year. Velo Limited has 364 filings on record. Keeping on top of these deadlines avoids automatic penalties from Companies House and HMRC, which start at £150 for late accounts.
Looking for an accountant in Leeds?
Businesses like Velo Limited often use a local accountant for year-end accounts, corporation tax, VAT and payroll. Compare fixed-fee, regulated accountants near Leeds and get free quotes in minutes.
This page shows public information from Companies House. Director of Velo Limited?
Velo Limited – frequently asked questions
What is the company number of Velo Limited?
Velo Limited is registered at Companies House under company number 02262861.
When was Velo Limited incorporated?
Velo Limited was incorporated on 27 May 1988 as a private limited company.
Who are the directors of Velo Limited?
Current officers are Mark Trevor, Mr. Phillips (director), Manisha Kantilal Patel (secretary), Nicola Brown (director) and Richard Andrew Jones (director).
What does Velo Limited do?
The company's registered nature of business (SIC) is 45111 – Sale of new cars and light motor vehicles; 64910 – Financial leasing; 77110 – Renting and leasing of cars and light motor vehicles; 96090 – Other service activities not elsewhere classified.
Where is Velo Limited registered?
The registered office address is Number One, Great Exhibition Way, Kirkstall Forge, Leeds, LS5 3BF.
Is Velo Limited still trading?
According to its latest Companies House record the company status is active. Its most recent filing was confirmation statement made on 1 Oct 2026 with no updates on 12 Oct 2026.