Virtus Contracts Limited
03955554
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 24/07/2025
Due 07/08/2026
Industry
Officers
director · Since 29/06/2000
COMMERCIAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 3 other boards
secretary · Since 04/04/2019
director · Since 01/01/2021
DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 2 other boards
Persons with Significant Control
Virtus Contracts Trustee Limited
50, Seymour Street, London, W1H 7JG
Reg: 13658096 · Register Of Companies In England And Wales · Company Limited By Guarantee
Notified 07/10/2021
Former PSCs
Mr Mark Anthony Cooper
Ceased 07/10/2021
Mr Thomas Edward Martin
Ceased 26/06/2018
Mr Paul Green
Ceased 07/10/2021
Charges0 outstanding
PAUL GREEN · MARK ANTHONY COOPER
CompanyRankvs 2241+ SIC 41201 peers67
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£26.9M
Annual revenue
Net Worth
£71k
Balance sheet strength
Cash
£3.4M
Cash in the bank
Profit Before Tax
£982k
Bottom line earnings
Net Current Assets
£1.9M
Working capital
Current Assets
£6.7M
Current Liabilities
£4.8M
Fixed Assets
£21k
Debtors
£3.2M
Cost of Sales
£22.1M
Gross Profit
£4.8M
Admin Expenses
£3.8M
Profit After Tax
£1.1M
Tax at Year End(2023)
Director Loans(2016)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.40 | -£1.3M |
| 2023 | 1.18 | +£752k |
| 2022 | 1.13 | +£619k |
| 2021 | 1.00 | -£2.0M |
| 2020 | 1.35 | +£922k |
| 2019 | 1.28 | +£173k |
| 2018 | 1.17 | -£541k |
| 2016 | 1.36 | — |
Derived from filed accounts. Not audited figures.