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The Virtual Forge Limited

07402012

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

THE GLOVE FACTORY STUDIOS BROOK LANE, TROWBRIDGE, BA14 6RL
Incorporated 11/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Garrett Hyde Doyle

secretary · Since 11/10/2010

Mr Garrett Hyde Doyle

director · Since 11/10/2010

DIRECTOR

IRISH,CANADIAN · ENGLAND · Age 55

Also on 8 other boards

Matthew Paul Wicks

director · Since 11/10/2010

SOFTWARE PROGRAMMER

BRITISH · UNITED KINGDOM · Age 58

Ms Victoria Edwards

director · Since 01/10/2020

DIRECTOR

BRITISH · UNITED STATES · Age 55

Mr Matthew Sanson

director · Since 01/10/2020

DIRECTOR

AMERICAN · UNITED STATES · Age 44

Mrs Anita Kelly

director · Since 01/05/2021

HEAD OF PMO

BRITISH · ENGLAND · Age 55

Mr Ivo Rodrigues

director · Since 01/05/2021

HEAD OF DEVELOPMENT

PORTUGUESE · PORTUGAL · Age 47

Mr Lars Christian Backlund

director · Since 01/05/2021

HEAD OF DEVOPS

SWEDISH · ENGLAND · Age 43

Mr Michael Clifford Stokes

director · Since 01/05/2021

HEAD OF GLOBAL HELPDESK & CLOUD SERVICES

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Garrett Hyde Doyle

25–50% shares
25–50% votes

Irish,Canadian · England · Age 55

The Glove Factory Studios, Brook Lane, Trowbridge, BA14 6RL

Notified 01/10/2020

Mr Matthew Paul Wicks

25–50% shares
25–50% votes

British · England · Age 58

The Glove Factory Studios, Brook Lane, Trowbridge, BA14 6RL

Notified 01/10/2020

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 05/09/2024Registered 12/09/2024
Charge
satisfied

MARKETFINANCE LIMITED

Created 10/05/2022Registered 10/05/2022Satisfied 10/09/2024

CompanyRankvs 2527+ SIC 62012 peers
71

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.18× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Liquidity12/20 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 31/12/2024

Net Worth

£633k

Balance sheet strength

Cash

£419k

Cash in the bank

Net Current Assets

£253k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.4M

Fixed Assets

£393k

Debtors

£1.2M

37avg. employees-2

Balance Sheet

Intangible assets£270k
Bank loans & overdrafts£20k
Assets less current liabilities£646k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.18+£137k
20231.06+£406k
20220.82-£198k
20220.91-£238k
20211.08
20200.97
20190.89
20180.97

Derived from filed accounts. Not audited figures.