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Virtua Uk Limited

04047798

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

UNIT 5, BANBURY, OX16 3TL
Incorporated 04/08/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities

Officers

Mr Andrew Jonathan Richards

director · Since 21/04/2017

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Mr Graham Stuart Firth

director · Since 19/05/2017

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Virtua Holdings Ltd

75–100% shares

5, Callow Hill, Chippenham, SN15 5FD

Reg: 08822163 · Companies House Cardiff · Limited Company

Notified 23/08/2016

Charges4 outstanding

Charge
outstanding

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Charge
outstanding

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Charge
outstanding

CONNECTION CAPITAL LLP AS SECURITY TRUSTEE

Created 23/04/2017Registered 02/05/2017
Charge
outstanding

SHAWBROOK BANK LIMITED T/A SHAWBROOK BUSINESS CREDIT ("SHAWBROOK")

Created 16/08/2016Registered 22/08/2016
Charge
satisfied

BARCLAYS BANK PLC

Created 27/11/2015Registered 08/12/2015Satisfied 20/07/2021
Charge
satisfied

ROY HARPER

Created 09/05/2013Registered 17/05/2013Satisfied 25/10/2014
charge
satisfied

ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC

Created 31/07/2012Registered 03/08/2012Satisfied 28/02/2017
charge
satisfied

BARCLAYS BANK PLC

Created 11/09/2006Registered 15/09/2006Satisfied 09/05/2016

CompanyRankvs 5104+ SIC 61900 peers
31

Financial strength1th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.67× · 6/20
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 strength0/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

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. Material uncertainty related to going concern We draw your attention to Note 3 in the financial statements, which outlines the financial support of the holding company group provided by the shareholders during the year. Losses have

Key FinancialsYear ending 30/04/2025

Turnover

£14.0M

Annual revenue

Net Worth

-£1.4M

Balance sheet strength

Cash

£138k

Cash in the bank

Profit Before Tax

-£1.4M

Bottom line earnings

Net Current Assets

-£1.5M

Working capital

Current Assets

£3.1M

Current Liabilities

£4.5M

Fixed Assets

£104k

Debtors

£2.7M

Cost of Sales

£10.0M

Gross Profit

£4.0M

Admin Expenses

£5.3M

Operating Profit

-£1.3M

Profit After Tax

-£1.5M

93avg. employees-18

People Costs

Wages & salaries£4.4M
NI contributions£518k

Balance Sheet

Assets less current liabilities-£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67+£5.8M
20240.39+£858k
20230.32-£911k
20220.45

Derived from filed accounts. Not audited figures.