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Virtulet Ltd

09237486

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

50 COMMERCIAL ROAD, NEWPORT, NP20 2PE
Incorporated 26/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Farooq Dastgir

director · Since 26/09/2014

DIRECTOR OF TECHNOLOGY

BRITISH · WALES · Age 65

Also on 2 other boards

Mr Karim Dastgir

director · Since 27/03/2020

COMPANY DIRECTOR

BRITISH · WALES · Age 34

Also on 2 other boards

Persons with Significant Control

Mr Farooq Dastgir

75–100% shares
75–100% votes
Appoint directors
Significant control

British · Wales · Age 65

50, Commercial Road, Newport, NP20 2PE

Notified 01/06/2016

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/10/2022Registered 10/11/2022
Charge
outstanding

LLOYDS BANK PLC

Created 05/09/2018Registered 20/09/2018
Charge
outstanding

LLOYDS BANK PLC

Created 22/08/2018Registered 22/08/2018
Charge
outstanding

LLOYDS BANK PLC

Created 21/06/2018Registered 21/06/2018

CompanyRankvs 30845+ SIC 68100 peers
51

Financial strength81th percentile among SIC peers · 20/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees12/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 30/09/2025

Net Worth

£68k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£90k

Working capital

Current Assets

£29k

Current Liabilities

£119k

Fixed Assets

£291k

2avg. employees

Balance Sheet

Assets less current liabilities£201k
Signed by Mr K Dastgir 27 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.24+£0
20250.24+£26k
2024-£34k
2023+£6k
2022+£6k
20210.14

Derived from filed accounts. Not audited figures.