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Virtual Instruments Limited

06761297

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

4TH FLOOR, ST. JAMES HOUSE, CHELTENHAM, GL50 3PR
Incorporated 28/11/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Paul Andrew Appleby

director · Since 29/08/2024

CEO

AUSTRALIAN · UNITED STATES · Age 63

Also on 1 other board

Persons with Significant Control

Virtual Instruments Corporation

75–100% shares

3790, El Camino Real, Palo Alto, 94306

Reg: Sr20161832174 · Delaware · Corporation

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

TRIPLEPOINT VENTURE GROWTH BDC CORP

Created 20/05/2015Registered 02/06/2015

CompanyRankvs 505+ SIC 62090 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 39.86× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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505Virtual Instruments Limited
89
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.

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£3.1M

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

£3.2M

Working capital

Current Assets

£3.3M

Current Liabilities

£82k

Debtors

£3.2M

9avg. employees+1

Balance Sheet

Assets less current liabilities£3.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202539.86
202487.04

Derived from filed accounts. Not audited figures.