Velocity Composites plc (VEL.L)

30.00 +0.50 (+1.69%) At close: 04:43PM BST

Velocity Composites plc

AMS Technology Park
Billington Road
Burnley BB11 5UB
United Kingdom
44 1282 577 577
https://www.velocity-composites.com

Sector(s): Industrials
Industry: Aerospace & Defense
Full-time employees: 102

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jonathan Karl Bridges	Co-Founder, CEO & Executive Director	202k	N/A	1974
Mr. Andrew Hebb FCMA	Interim CFO & Company Secretary	N/A	N/A	N/A
Mr. Kevin Hickey	Group Chief Operating Officer	N/A	N/A	N/A
Mr. Sheldon Atherton	Head of Technology & Quality Systems	N/A	N/A	N/A
Mr. Matthew Archer	Chief Commercial & Compliance Officer	N/A	N/A	1979
Mr. James Eastbury	Chief Customer Officer	N/A	N/A	N/A
Emil Khan	Head of Engineering	N/A	N/A	N/A
Mr. Andy Caunce	Head of Operations	N/A	N/A	N/A
Mr. Adam Newton	Financial Controller	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Velocity Composites plc, together with its subsidiaries, offers engineered composite material kits to the aerospace industry in the United Kingdom, Europe, the United States, and internationally. It provides structural material kits, such as ply generation, shape management and configuration control, life management, and cutting and supply service, as well as materials comprising woven fabrics, unidirectional fabrics, impregnated metallic meshes, and film adhesives. The company also offers engineered vacuum bag material kits; and honeycomb, core potting compounds, and co-bonded materials, including hole potting compound kits, cut shape metallic foils and meshes for lightning strike protection/EMI shielding, honeycomb and foam core products, and kitted co-bonded films. In addition, it provides process optimization products, such as elastomeric intensification systems, elastomeric pre-form membranes, elastomeric tool feature protection to simplify vacuum bags, heater mats for composite repair and pre-forming, paint masking systems, cured component protection films, Mylar templates and shape verification systems, thermocouples, and vacuum connection systems, as well as engineering support and project implementation services. The company was incorporated in 2007 and is headquartered in Burnley, the United Kingdom.

Corporate governance

Velocity Composites plc’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.