Is Velo Bici Ltd in administration?
Last verified 16 June 2026
Yes, Velo Bici Ltd (company number 07296602) entered administration on 15 October 2025. Paul Ellison of null was appointed as administrator.
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Velo Bici Ltd is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Administration |
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| Company number | 07296602 |
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| Incorporated | 28 June 2010 (16 years old) |
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| Registered office | Unit 8, The Aquarium Building, Reading, RG1 2AN |
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| Nature of business (SIC) | 47710: Retail sale of clothing in specialised stores (Retail) |
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| Date entered administration | 15 October 2025 |
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| Administrator | Paul Ellison, null (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 29 December 2025, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Velo Bici Ltd is a retail business based in Reading, incorporated in 2010 and 15 years old when the administrator was appointed. Its registered activity is retail sale of clothing in specialised stores (SIC 47710). There have been 3 director appointments since incorporation, of which 2 were on the board when the administrator was appointed, alongside 1 person with significant control. 1 charge has been registered against the company, 1 of which is still outstanding.
Directors
3 people have been appointed as directors of Velo Bici Ltd.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
Christpher Puttnam
individual person with significant control · British · England
Ownership of shares 25-50%
1 ceased control
- Mr Kevin Barry Thorp · ceased 20 Dec 2023
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingFse Meif LP Acting by Its General Partner Fse Meif Gp LTD
A registered charge · Created 16 Jul 2021 · Pending
What happened
EventDateType
Administrator's progress report12 May 2026AM10 Statement of affairs with form AM02SOA/AM02SOC29 December 2025AM02 Notice of deemed approval of proposals17 December 2025AM06
Statement of administrator's proposal26 November 2025AM03 Registered office address changed from Payton House Packwood Court Guild Street Stratford-upon-Avon Warwickshire CV37 6RP England to Unit 8, the Aquarium Building King Street Reading Berkshire RG1 2AN on 2025-10-2020 October 2025AD01 +60 earlier events · 2010 to 2025
Appointment of an administrator15 October 2025AM01 Total exemption full accounts made up to 2024-12-3130 June 2025AA Confirmation statement made on 2025-06-06 with no updates18 June 2025CS01 Total exemption full accounts made up to 2023-12-3126 September 2024AA Confirmation statement made on 2024-06-06 with updates20 June 2024CS01 Change of details for Christpher Puttnam as a person with significant control on 2023-12-2020 June 2024PSC04 Director's details changed for Mr Kevin Barry Thorp on 2024-06-0620 June 2024CH01 Statement of capital following an allotment of shares on 2023-12-208 February 2024SH01 Sub-division of shares on 2023-12-2025 January 2024SH02 Cancellation of shares. Statement of capital on 2023-12-2019 January 2024SH06 Cessation of Kevin Barry Thorp as a person with significant control on 2023-12-2018 January 2024PSC07 Registered office address changed from C/O Hames Partnership Limited Stables End Court Main Street Market Bosworth Nuneaton Warwickshire CV13 0JN England to Payton House Packwood Court Guild Street Stratford-upon-Avon Warwickshire CV37 6RP on 2023-09-2020 September 2023AD01 Confirmation statement made on 2023-06-06 with updates8 June 2023CS01 Change of details for Christpher Puttnam as a person with significant control on 2023-06-018 June 2023PSC04 Change of details for Christpher Puttnam as a person with significant control on 2023-06-017 June 2023PSC04 Total exemption full accounts made up to 2022-12-3130 May 2023AA Confirmation statement made on 2022-06-06 with updates8 June 2022CS01 Total exemption full accounts made up to 2021-12-3125 April 2022AA Director's details changed for Mr Christopher John Puttnam on 2021-07-2627 July 2021CH01 Registration of charge 072966020001, created on 2021-07-1620 July 2021MR01 Confirmation statement made on 2021-06-23 with updates23 June 2021CS01 Director's details changed for Mr Christopher John Puttnam on 2021-06-0123 June 2021CH01 Change of details for Christpher Puttnam as a person with significant control on 2021-06-0123 June 2021PSC04 Director's details changed for Christopher John Puttnam on 2021-06-0123 June 2021CH01 Total exemption full accounts made up to 2020-12-311 March 2021AA Confirmation statement made on 2020-06-28 with updates7 July 2020CS01 Director's details changed for Mr Kevin Barry Thorp on 2020-06-083 July 2020CH01 Change of details for Mr Kevin Barry Thorp as a person with significant control on 2020-06-083 July 2020PSC04 Director's details changed for Mr Kevin Barry Thorp on 2020-06-083 July 2020CH01 Total exemption full accounts made up to 2019-12-3124 April 2020AA Confirmation statement made on 2019-06-28 with updates10 July 2019CS01 Total exemption full accounts made up to 2018-12-318 July 2019AA Micro company accounts made up to 2017-12-3122 August 2018AA Confirmation statement made on 2018-06-28 with no updates28 June 2018CS01 Confirmation statement made on 2017-06-28 with no updates7 July 2017CS01 Notification of Kevin Thorp as a person with significant control on 2017-06-017 July 2017PSC01 Notification of Christpher Puttnam as a person with significant control on 2017-06-017 July 2017PSC01 Micro company accounts made up to 2016-12-3120 March 2017AA Compulsory strike-off action has been discontinued28 September 2016DISS40 First Gazette notice for compulsory strike-off27 September 2016GAZ1 Annual return made up to 2016-06-28 with full list of shareholders23 September 2016AR01 Registered office address changed from 19 Warren Park Way Enderby Leicester LE19 4SA to C/O Hames Partnership Limited Stables End Court Main Street Market Bosworth Nuneaton Warwickshire CV13 0JN on 2016-05-1313 May 2016AD01 Appointment of Mr Kevin Barry Thorp as a director on 2016-02-0120 April 2016AP01 Current accounting period extended from 2016-06-30 to 2016-12-3110 March 2016AA01 Total exemption small company accounts made up to 2015-06-302 February 2016AA Termination of appointment of Tara Elizabeth Love as a director on 2015-09-2514 October 2015TM01 Annual return made up to 2015-06-28 with full list of shareholders11 September 2015AR01 Total exemption small company accounts made up to 2014-06-3031 March 2015AA Annual return made up to 2014-06-28 with full list of shareholders8 July 2014AR01 Director's details changed for Director Christopher John Puttnam on 2013-10-018 July 2014CH01 Total exemption small company accounts made up to 2013-06-3031 March 2014AA Registered office address changed from 340 Melton Road Leicester Leicestershire LE4 7SL United Kingdom on 2014-03-3131 March 2014AD01 Annual return made up to 2013-06-28 with full list of shareholders28 June 2013AR01 Total exemption small company accounts made up to 2012-06-309 April 2013AA Annual return made up to 2012-06-28 with full list of shareholders29 June 2012AR01 Total exemption small company accounts made up to 2011-06-3028 March 2012AA Annual return made up to 2011-06-28 with full list of shareholders27 July 2011AR01 Statement of capital following an allotment of shares on 2010-06-2921 July 2010SH01 Incorporation28 June 2010NEWINC What this means for you
If you are a creditor
Contact the administrator to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.
A creditor's checklist →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.
How retention of title works →Don't be the last to know next time
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other retail companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is Velo Bici Ltd in administration?
- Yes. Velo Bici Ltd (company number 07296602) entered administration on 15 October 2025. Paul Ellison of null was appointed as administrator.
- Who is the administrator of Velo Bici Ltd?
- Paul Ellison, a licensed insolvency practitioner at null, was appointed administrator of Velo Bici Ltd on 15 October 2025. Creditors can contact the administrator directly to submit a claim.
- What does Velo Bici Ltd do?
- Velo Bici Ltd's registered nature of business is retail sale of clothing in specialised stores (SIC 47710). It is classified in the retail sector.
- Where is Velo Bici Ltd based?
- Velo Bici Ltd's registered office is Unit 8, The Aquarium Building, Reading, RG1 2AN. The registered office is the address held on the public register, which is not always the trading address.
- When was Velo Bici Ltd founded?
- Velo Bici Ltd was incorporated on 28 June 2010, 15 years before the administrator was appointed.
- What is Velo Bici Ltd's company number?
- Velo Bici Ltd's registered company number is 07296602.
- Who has significant control of Velo Bici Ltd?
- 1 active person with significant control over Velo Bici Ltd is on the register: Christpher Puttnam.
- Does Velo Bici Ltd have any outstanding charges?
- an outstanding charge is registered against Velo Bici Ltd out of 1 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at Velo Bici Ltd at risk?
- When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
- What does administration mean for creditors of Velo Bici Ltd?
- Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
- When did Velo Bici Ltd go into administration?
- Velo Bici Ltd went into administration on 15 October 2025.
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