VELSTAND SYSTEM ASIA PTE. LTD.

Business Description

VELSTAND SYSTEM ASIA PTE. LTD. is registered as a business entity on 15 January 2020 (5.0 years ago) structured as a Exempt Private Company Limited By Shares (Local Company) with 4 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) 202002060W. The business official address is located at 163 Bedok South Road #03-426, Singapore 460163 in the primary industry of 71129: Engineering Design And Consultancy Activities N.e.c. using Singapore Dollars - SGD as its default trading currency. The business name remains unchanged since inception. The business annual account filing date falls on 31 July and is currently operational with the status of 'Live Company'. The business paid up share capital is SGD 30,000, with preference share capital of SGD 0, and other share capital at SGD 0.

In the past 365 days, VELSTAND SYSTEM ASIA PTE. LTD. 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 2023-07-18 and it was reported "Good". The aggregated good payment amount is equivalent to USD 1,860, 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.

VELSTAND SYSTEM ASIA PTE. LTD. is not yet a Prompt Payment Initiative Signatory.

Last updated on 30 April 2023