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Virtalis Limited

04646508

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

CHESTER HOUSE 79 DANE ROAD,, MANCHESTER, M33 7BP
Incorporated 24/01/2003

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 24/01/2026

Due 07/02/2027

On track

Industry

62012
Business and domestic software development
62090
Other information technology service activities
70100
Activities of head offices

Officers

Andrew Hill

director · Since 06/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Barrie Hill

director · Since 06/02/2023

DIRECTOR

BRITISH · SPAIN · Age 75

Persons with Significant Control

Virtalis Holdings Limited

75–100% shares

Chester House, 79 Dane Road, Sale, M33 7BP

Notified 28/06/2017

Former PSCs

Mr David Charles Cockburn-Price

Ceased 28/06/2017

Mr Andrew Philip Connell

Ceased 28/06/2017

North West Equity Fund Lp

Ceased 28/06/2017

Charges4 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 26/06/2017Registered 04/07/2017
Charge
outstanding

SANTANDER UK PLC

Created 28/06/2017Registered 04/07/2017
Charge
outstanding

SANTANDER UK PLC

Created 28/06/2017Registered 04/07/2017
Charge
outstanding

SANTANDER UK PLC

Created 28/06/2017Registered 04/07/2017
charge
satisfied

POTENTIAL FINANCE LIMITED

Created 25/02/2005Registered 26/02/2005Satisfied 04/07/2012
charge
satisfied

STROSS FINANCIAL SERVICES LIMITED

Created 24/02/2004Registered 26/02/2004Satisfied 22/06/2017
charge
satisfied

NORTH WEST EQUITY FUND LIMITED PARTNERSHIP

Created 09/02/2004Registered 12/02/2004Satisfied 04/07/2017
charge
satisfied

HSBC BANK PLC

Created 04/04/2003Registered 05/04/2003Satisfied 04/07/2017

CompanyRankvs 8455+ SIC 62012 peers
65

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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8455Virtalis Limited
71
How is this score calculated?
Financial strength24/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2024

Net Worth

£666k

Balance sheet strength

Cash

£252k

Cash in the bank

Net Current Assets

-£2.2M

Working capital

Current Assets

£2.5M

Current Liabilities

£4.7M

Fixed Assets

£2.9M

Debtors

£2.2M

23avg. employees

Tax at Year End(2019)

Corp tax£3k

People Costs(2019)

Wages & salaries£1.3M
NI contributions£255k

Balance Sheet

Intangible assets£2.8M
Assets less current liabilities£684k
Signed by B Hill 30/08/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.53-£320k
20240.57+£881k
20230.53+£6.2M
20220.26-£3.5M
20210.41-£2.2M
20200.52-£469k
20191.30—

Derived from filed accounts. Not audited figures.