Virtual It Limited
04252845
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/09/2025
full
Next accounts due
30/06/2027
Confirmation statement
Last: 16/07/2025
Due 30/07/2026
Industry
Officers
director · Since 16/07/2001
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 33 other boards
Persons with Significant Control
Mr Jonathan Somen
Kenyan · Kenya · Age 57
Omni House, 252 Belsize Road, London, NW6 4BT
Notified 06/04/2016
Charges1 outstanding
BARCLAYS BANK PLC
BARCLAYS SECURITY TRUSTEE LIMITED
VIRTUAL IT LEASING LIMITED
BARCLAYS BANK PLC
CompanyRankvs 17101+ SIC 62090 peers47
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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
Outstanding charges: -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
Key FinancialsYear ending 30/09/2025
Net Worth
£2.3M
Balance sheet strength
Cash
£2.6M
Cash in the bank
Profit Before Tax
£1.6M
Bottom line earnings
Net Current Assets
-£764k
Working capital
Current Assets
£5.4M
Current Liabilities
£6.1M
Fixed Assets
£3.0M
Debtors
£2.6M
Admin Expenses
£8.4M
Profit After Tax
£1.1M
Tax at Year End
People Costs(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.88 | -£95k |
| 2024 | 0.75 | +£374k |
| 2023 | 0.69 | — |
Derived from filed accounts. Not audited figures.