VIRES VELO LIMITED

Active Norwich

Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

9 employees website.com
Lifestyle and entertainment Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
V

VIRES VELO LIMITED

Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Founded 1 Jul 2019 Active Norwich, United Kingdom 9 employees website.com
Lifestyle and entertainment Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Previous Company Names

FACTORBIKES UK LIMITED 1 Jul 2019 — 4 Jan 2022
Accounts Submitted 24 Oct 2025 Next due 30 Apr 2027 12 months remaining
Confirmation Submitted 3 Jul 2025 Next due 14 Jul 2026 2 months remaining
Net assets £520K £121K 2025 year on year
Total assets £894K £106K 2025 year on year
Total Liabilities £374K £15K 2025 year on year
Charges 1
1 outstanding

Contact & Details

Contact

Registered Address

Bankside 300 Peachman Way Broadland Business Park Norwich Norfolk NR7 0LB United Kingdom

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for VIRES VELO LIMITED (12077763), an active lifestyle and entertainment company based in Norwich, United Kingdom. Incorporated 1 Jul 2019. Retail sale of sports goods, fishing gear, camping goods, boats and bicycles. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2025
Type Total Exemption Full
Next accounts 31 December 2026
Due by 30 September 2027 9 months

Net Assets, Total Assets & Total Liabilities (2020–2025)

Cash in Bank

£160.19k

Increased by £7.89k (+5%)

Net Assets

£520.42k

Increased by £121.33k (+30%)

Total Liabilities

£373.93k

Decreased by £15.27k (-4%)

Turnover

N/A

Employees

9

Increased by 1 (+13%)

Debt Ratio

42%

Decreased by 7 (-14%)

Financial History

Revenue, profit, EBITDA and key financial figures

2025
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 49 Shares £200k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
26 Jul 201924£200k£8k
26 Jul 201925£25£1

Officers

Officers

1 active
Status
John Michael BaileyDirectorBritishUnited Kingdom601 Jul 2019Active

Shareholders

Shareholders (1)

Jmdl Holdings Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active
Active
Notified 1 Jul 2019
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent

Group Structure

Group Structure

JMDL HOLDINGS LIMITED united kingdom
VIRES VELO LIMITED Current Company

Charges

Charges

1 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
29 Oct 2025MortgageMortgage Create With Deed With Charge Number Charge Creation Date
24 Oct 2025AccountsAnnual accounts made up to 2025-07-31
3 Jul 2025Confirmation StatementConfirmation statement made on 2025-06-30 with no updates
10 Dec 2024AccountsAnnual accounts made up to 2024-07-31
1 Jul 2024Confirmation StatementConfirmation statement made on 2024-06-30 with no updates
29 Oct 2025 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

24 Oct 2025 Accounts

Annual accounts made up to 2025-07-31

3 Jul 2025 Confirmation Statement

Confirmation statement made on 2025-06-30 with no updates

10 Dec 2024 Accounts

Annual accounts made up to 2024-07-31

1 Jul 2024 Confirmation Statement

Confirmation statement made on 2024-06-30 with no updates

Recent Activity

Latest Activity

Mortgage Create With Deed With Charge Number Charge Creation Date

5 months ago on 29 Oct 2025

Annual accounts made up to 2025-07-31

6 months ago on 24 Oct 2025

Confirmation statement made on 2025-06-30 with no updates

9 months ago on 3 Jul 2025

Annual accounts made up to 2024-07-31

1 years ago on 10 Dec 2024

Confirmation statement made on 2024-06-30 with no updates

1 years ago on 1 Jul 2024