VELOCITY UK LIMITED
UnknownCompany number03400231
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
97%Top 3 buyers account for 97% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
93%Largest buyer (The Council of the Borough of Kirklees) represents 93% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowHigh risk
12 in 24mo12 contracts due for renewal in next 24 months
New buyer acquisitionLow risk
4 in 24mo4 new buying relationships in last 24 months
Buyer breakdown23 buyers
Total buyers23
Top 5 concentration98%
Returning buyers19
New buyers (24 mo)4
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£444m
Contracts60
Buyers23
Contract patterns
Avg contract value£7m
Avg duration2yr 4mo
Renewal rate52%
Total contracts60
Awards by year
52022£869k
22023£204k
12024£100k
72025£21m
112026£411m