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Virtually Local Limited

09688855

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

7 STAMFORD SQUARE, ASHTON-UNDER-LYNE, OL6 6QU
Incorporated 16/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Richard James Wilkinson

director · Since 16/07/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 6 other boards

Mr Oliver Dennis Woods

director · Since 16/07/2015

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 13 other boards

Persons with Significant Control

Mr Richard James Wilkinson

25–50% shares
25–50% votes

British · England · Age 39

7, Stamford Square, Ashton-Under-Lyne, OL6 6QU

Notified 06/01/2025

Mr Oliver Dennis Woods

25–50% shares
25–50% votes

British · England · Age 40

7, Stamford Square, Ashton-Under-Lyne, OL6 6QU

Notified 06/01/2025

Former PSCs

Mr Oliver Woods

Ceased 06/01/2025

CompanyRankvs 93943+ SIC 96090 peers
31

Financial strength3th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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93943Virtually Local Limited
30
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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.

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 31/10/2025

Net Worth

-£81k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£81k

Working capital

Current Assets

£16k

Current Liabilities

£97k

Fixed Assets

£1k

0avg. employees-2

Balance Sheet

Assets less current liabilities-£80k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.16-£33k
20240.50-£24k
20231.65+£1k
20221.31+£3k
20211.57-£10k
20202.31-£20k
20190.94-£455
20180.92—

Derived from filed accounts. Not audited figures.