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The Virtulab Ltd

09598086

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

18 SOUTH END, LONDON, W8 5BU
Incorporated 19/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
63110
Data processing, hosting and related activities

Officers

Mr David John Cummins

director · Since 01/07/2015

CHIEF OPERATING OFFICER

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mrs Tiffany Ann Purves

secretary · Since 01/07/2019

Persons with Significant Control

Mr Peter Todd

significant-influence-or-control-as-trust

British · Mauritius · Age 67

18, South End, London, W8 5BU

Notified 31/05/2022

Former PSCs

Iris Investment Holdings Limited

Ceased 18/01/2019

Carroll Industrial Holdings Ltd

Ceased 31/05/2022

CompanyRankvs 56837+ SIC 62020 peers
51

Financial strength0th percentile among SIC peers · 0/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 3.02× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees5/15 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.

Longevity11/15 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.

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

Key FinancialsYear ending 31/12/2025

Net Worth

-£2.6M

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£20k

Current Liabilities

£7k

Fixed Assets

£1k

Debtors

£5k

1avg. employees

Balance Sheet

Assets less current liabilities£14k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.02+£0
20253.02-£27k
20245.10-£92k
202312.30-£74k
20225.29-£504k
20214.46

Derived from filed accounts. Not audited figures.