VELOCITY POWER TECNOLOGY

Singapore

20 May 2021

53434038E

SGD

Active
Verified

Business Description

VELOCITY POWER TECNOLOGY is registered as a business entity on 20 May 2021 (3.9 years ago) structured as a Sole Proprietor with 1 officer(s) in-charge. The business jurisdiction is overseen by the Accounting and Corporate Regulatory Authority (ACRA), a government agency from Singapore with the given Business Registration Number / Unique Entity Number (UEN) 53434038E. The business official address is located at 71 Woodlands Avenue 10 #02-01, Woodlands Industrial Xchange, Singapore 737743 with main trading activity as Retail Of Jumpstarter System And Battery For Motor Vehicle in the primary industry of 47314: Retail Sale Of Spare Parts And Accessories For Motor Vehicles using Singapore Dollars - SGD as its default trading currency. The business name remains unchanged since inception. The business annual account filing date falls on 20 May and is currently operational with the status of 'Live'.

In the past 365 days, VELOCITY POWER TECNOLOGY has received a total of Login to view reported payment review(s). 8 were rated Good and Login to view were rated Poor. The latest review was made on 2023-07-28 and it was reported "Good". The aggregated good payment amount is equivalent to USD 6,040, and aggregated poor payment amount is equivalent to USD Login to view. Its current payment rating of "A" suggest a healthy payment culture where settlement with stakeholders is always prioritised. Since the business is currently active, it also signals positive financial standing. The lack of an appointed auditor indicates that the business is small sized as it did not meet the regulatory requirements of revenue or assets exceeding SGD 10 million, or has more than 50 employees in the previous two fiscal years.

VELOCITY POWER TECNOLOGY is not yet a Prompt Payment Initiative Signatory.

Last updated on 30 April 2023

Login to view

Poor Payment Sum

Login to view

Poor Payment Count

USD 6,040

Good Payment Sum

8

Good Payment Count

2023-07-28

Latest Report Date

Good

Latest Report Rating

Are you working at VELOCITY POWER TECNOLOGY?

Boost your payment rating and credit profile by becoming a signatory on the Prompt Payment Initiative. Join alongside thousands of other businesses committed to fostering good payment practices.

Legal Name

VELOCITY POWER TECNOLOGY

Registered Business Number / UEN

53434038E

Postal Address

71 WOODLANDS AVENUE 10 #02-01, WOODLANDS INDUSTRIAL XCHANGE, SINGAPORE 737743

Officially Founded

20 MAY 2021

Base Currency

SINGAPORE DOLLARS (SGD)

Entity Structure

SOLE PROPRIETOR

Industry Classification

47314 - RETAIL SALE OF SPARE PARTS AND ACCESSORIES FOR MOTOR VEHICLES

26129 - MANUFACTURE OF OTHER ELECTRONIC COMPONENTS AND BOARDS N.E.C.

Jurisdiction

SINGAPORE

Governing Agency

ACCOUNTING AND CORPORATE REGULATORY AUTHORITY (ACRA)

Formerly Known as

-

Prompt Payment Initiative

NON-SIGNATORY

Business Legitimacy

VERIFIED

Business Status

Live

Frequently Asked

What is the legal name and registration number of VELOCITY POWER TECNOLOGY? Is it still in business?

"VELOCITY POWER TECNOLOGY" is the legal full name of the business with the registered number 53434038E. It is still active and opertional as a business.

How do I find out the credit profile and payment rating of VELOCITY POWER TECNOLOGY?

The credit profile of VELOCITY POWER TECNOLOGY is assessed with the payment rating of "A", find out more.

When did VELOCITY POWER TECNOLOGY register as a business?

VELOCITY POWER TECNOLOGY started business on 20 May 2021.

Where is VELOCITY POWER TECNOLOGY located?

The address of VELOCITY POWER TECNOLOGY is 71 WOODLANDS AVENUE 10 #02-01, WOODLANDS INDUSTRIAL XCHANGE, SINGAPORE 737743.

What is the base currency of VELOCITY POWER TECNOLOGY?

The default trading currency of VELOCITY POWER TECNOLOGY is the Singapore Dollars (SGD).

Who is VELOCITY POWER TECNOLOGY governed by?

VELOCITY POWER TECNOLOGY is under the jurisdiction of Singapore, overseen by the Accounting and Corporate Regulatory Authority (ACRA).

Important: If you are about to transfer money to this business, do ensure it is made payable to payee's legal name "VELOCITY POWER TECNOLOGY". If you find this business dealing with regulated products, please further check that VELOCITY POWER TECNOLOGY is correctly licenced by the local authority.

Disclaimer: Our data is publicly sourced and we make every reasonable effort to maintain timely and accurate information on this page. However, please note that the information may have changed since it was originally supplied by the business owners, and therefore, we cannot be held liable for any actions placed on it.