VELOCITY SIMULATIONS
Singapore
16 September 2022
53456323J
SGD
Business Description
VELOCITY SIMULATIONS is registered as a business entity on 16 September 2022 (2.4 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) 53456323J. The business official address is located at 835 Hougang Central #05-556, Singapore 530835 with main trading activity as Sale Of Sim Racing Products Through Carousell in the primary industry of 47412: Retail Sale Of Computer Hardware (including Handheld Computers) And Peripheral Equipment, And Computer Software (except Games And Cybersecurity Hardware And Software) using Singapore Dollars - SGD as its default trading currency. The business name remains unchanged since inception. The business annual account filing date falls on 16 September and is currently operational with the status of 'Live'.
In the past 365 days, VELOCITY SIMULATIONS has received a total of Login to view reported payment review(s). 6 were rated Good and Login to view were rated Poor. The latest review was made on 2023-08-18 and it was reported "Good". The aggregated good payment amount is equivalent to USD 1,872, 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 SIMULATIONS is not yet a Prompt Payment Initiative Signatory.
Last updated on 30 April 2023
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Poor Payment Sum
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Poor Payment Count
USD 1,872
Good Payment Sum
6
Good Payment Count
2023-08-18
Latest Report Date
Good
Latest Report Rating
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Legal Name
VELOCITY SIMULATIONS
Registered Business Number / UEN
53456323J
Postal Address
835 HOUGANG CENTRAL #05-556, SINGAPORE 530835
Officially Founded
16 SEPTEMBER 2022
Base Currency
SINGAPORE DOLLARS (SGD)
Entity Structure
SOLE PROPRIETOR
Industry Classification
47412 - RETAIL SALE OF COMPUTER HARDWARE (INCLUDING HANDHELD COMPUTERS) AND PERIPHERAL EQUIPMENT, AND COMPUTER SOFTWARE (EXCEPT GAMES AND CYBERSECURITY HARDWARE AND SOFTWARE)
22220 - PLASTIC PRODUCT SERVICES
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 SIMULATIONS? Is it still in business?
"VELOCITY SIMULATIONS" is the legal full name of the business with the registered number 53456323J. It is still active and opertional as a business.
How do I find out the credit profile and payment rating of VELOCITY SIMULATIONS?
The credit profile of VELOCITY SIMULATIONS is assessed with the payment rating of "A", find out more.
When did VELOCITY SIMULATIONS register as a business?
VELOCITY SIMULATIONS started business on 16 September 2022.
Where is VELOCITY SIMULATIONS located?
The address of VELOCITY SIMULATIONS is 835 HOUGANG CENTRAL #05-556, SINGAPORE 530835.
What is the base currency of VELOCITY SIMULATIONS?
The default trading currency of VELOCITY SIMULATIONS is the Singapore Dollars (SGD).
Who is VELOCITY SIMULATIONS governed by?
VELOCITY SIMULATIONS is under the jurisdiction of Singapore, overseen by the Accounting and Corporate Regulatory Authority (ACRA).
Other businesses in Singapore
Important: If you are about to transfer money to this business, do ensure it is made payable to payee's legal name "VELOCITY SIMULATIONS". If you find this business dealing with regulated products, please further check that VELOCITY SIMULATIONS 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.