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Virgin Books Limited

02621654

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ONE EMBASSY GARDENS, LONDON, SW11 7BW
Incorporated 18/06/1991

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/07/2025

Due 15/07/2026

On track

Industry

58110
Book publishing

Officers

Mr Mark William Gardiner

director · Since 02/03/2007

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 67 other boards

Mr Thomas Daryl Weldon

director · Since 01/07/2013

PUBLISHER

BRITISH · ENGLAND · Age 62

Also on 68 other boards

Ms Sinead Mary Martin

secretary · Since 30/06/2016

Persons with Significant Control

The Random House Group Limited

75–100% shares
75–100% votes
Appoint directors
Significant control

20, Vauxhall Bridge Road, London, SW1V 2SA

Reg: 954009 · Companies House England And Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

THE RANDOM HOUSE GROUP LIMITED

Created 02/03/2007Registered 22/03/2007
charge
satisfied

BARCLAYS BANK PLC

Created 19/11/2002Registered 25/11/2002Satisfied 22/03/2007
charge
satisfied

BARFAIR LIMITED

Created 22/01/2001Registered 03/02/2001Satisfied 22/03/2007
charge
satisfied

RODNEY WILLIAM KINSMAN AND BRYAN ANTHONY MORRISON

Created 06/01/1992Registered 09/01/1992Satisfied 20/05/2003
charge
satisfied

RODNEY WILLIAM KINSMAN AND BRYAN ANTHONY MORRISON

Created 06/01/1992Registered 09/01/1992Satisfied 28/05/2003
charge
satisfied

RODNEY WILLIAM KINSMAN AND BRYAN ANTHONY MORRISON

Created 06/01/1992Registered 09/01/1992Satisfied 28/05/2003
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 30/07/1991Registered 14/08/1991Satisfied 19/03/2003

CompanyRankvs 8540+ SIC 58110 peers
58

Financial strength100th percentile among SIC peers · 25/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 7.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We are responsible for concluding on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material unce

Key FinancialsYear ending 31/12/2024

Turnover

£6.2M

Annual revenue

Net Worth

£10.7M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£1.9M

Bottom line earnings

Net Current Assets

£11.0M

Working capital

Current Assets

£12.7M

Current Liabilities

£1.7M

Fixed Assets

£2

Debtors

£12.5M

Cost of Sales

£2.1M

Gross Profit

£4.1M

Admin Expenses

£2.0M

Operating Profit

£1.8M

Profit After Tax

£1.4M

0avg. employees-7

Tax at Year End

Corp tax£280k

People Costs

Wages & salaries£368k
NI contributions£42k

Balance Sheet

Assets less current liabilities£11.0M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20247.38+£1.4M
20236.12

Derived from filed accounts. Not audited figures.