Company Velocity Composites plc

Equities

VEL

GB00BF339H01

Aerospace & Defense

Market Closed - London S.E. 11:35:08 2024-05-31 am EDT 5-day change 1st Jan Change
38.5 GBX -1.28% Intraday chart for Velocity Composites plc -2.53% +5.48%

Business Summary

Velocity Composites plc is a United Kingdom-based supplier of composite material kits to aerospace and other high-performance manufacturers. The Company manufactures advanced carbon fiber and ancillary material kits for use in the production of aircraft. Its services include structural pre-preg kits; engineered vacuum bag material kits; honeycomb, core potting compounds and co-bonded materials; process & tooling aids, and engineering support services. The Company offers full ply generation, shape management and configuration control, life management, cutting and supply service utilizing cutting, nesting and identification equipment. Its engineered vacuum bag material kit includes various products, such as simple cut shapes, complex cut shapes with identification marks, 3D nylon welded vacuum bags, dedicated vacuum tracks and complex sub-assemblies. The Company specializes in managing a whole range of other materials such as metallic and non-metallic honeycomb, foam core and others.

Number of employees: 102

Sales per Business

GBP in Million2022Weight2023Weight Delta
Engineered Composite Material Kits
100.0 %
12 100.0 % 16 100.0 % +37.23%

Sales per region

GBP in Million2022Weight2023Weight Delta
United Kingdom
87.4 %
12 99.6 % 14 87.4 % +20.53%
United States
12.0 %
-- 2 12.0 % -
Rest of World
0.3 %
0 0.4 % 0 0.3 % +23.26%
Europe
0.2 %
0 0.1 % 0 0.2 % +310.00%

Managers

Managers TitleAgeSince
Founder - 07-10-02
Director of Finance/CFO 69 18-10-31
Chief Tech/Sci/R&D Officer - 17-09-26
Compliance Officer - 17-01-31
Chief Operating Officer - 23-07-30

Members of the board

Members of the board TitleAgeSince
Chairman 57 19-07-23
Founder - 07-10-02
Director/Board Member 56 22-03-28
Director/Board Member 55 22-06-08

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 53,468,368 32,913,792 ( 61.56 %) 0 61.56 %

Shareholders

NameEquities%Valuation
Amati Global Investors Ltd. (Venture Capital)
11.23 %
6,006,996 11.23 % 2 M p
5,515,929 10.32 % 2 M p
4,802,693 8.982 % 2 M p
Seneca Partners
8.452 %
4,519,236 8.452 % 2 M p
Stonehage Fleming Investment Management Ltd.
8.115 %
4,338,956 8.115 % 2 M p
4,252,693 7.954 % 2 M p
Thesis Unit Trust Management Ltd.
6.151 %
3,288,956 6.151 % 1 M p
Rathbones Investment Management Ltd.
5.509 %
2,945,675 5.509 % 1 M p
AJ Bell Asset Management Ltd.
3.229 %
1,726,476 3.229 % 648 533 p
1,712,925 3.204 % 643 443 p

Company contact information

Velocity Composites Plc

AMS Technology Park Billington Road

BB11 5UB, Burnley

+44 1282 577 577

http://www.velocity-composites.com
address Velocity Composites plc(VEL)

Sales per region

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.385 GBP
Average target price
0.805 GBP
Spread / Average Target
+109.09%
Consensus

Annual profits - Rate of surprise

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