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Virtual Arts Limited

10066952

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

UNION BUILDING 51-59 ROSE LANE, NORWICH, NR1 1BY
Incorporated 16/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58210
Publishing of computer games
62011
Ready-made interactive leisure and entertainment software development
62012
Business and domestic software development
62090
Other information technology service activities

Officers

Mr Nico Romdane

director · Since 28/11/2016

CEO

BRITISH · ENGLAND · Age 49

Fridrik Johannsson

director · Since 15/06/2020

COMPANY DIRECTOR

ICELANDIC · ICELAND · Age 68

Also on 1 other board

Mr Kevin Smith

director · Since 15/06/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Nico Romdane

50–75% shares
50–75% votes
Appoint directors

British · England · Age 49

Union Building 51-59, Rose Lane, Norwich, NR1 1BY

Notified 08/12/2016

Former PSCs

Mr Douglas Charles Day

Ceased 28/02/2019

CompanyRankvs 15+ SIC 58210 peers
45

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.01× · 20/20
Longevity10 years trading (max 15) · 10/15
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.

Employees0/15 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.

Longevity10/15 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 31/12/2023

Net Worth

£235k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£216k

Working capital

Current Assets

£430k

Current Liabilities

£214k

Fixed Assets

£35k

Debtors

£425k

8avg. employees

Balance Sheet

Assets less current liabilities£250k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20232.01-£95k
20223.36-£83k
20217.41+£314k
20204.99-£220k
201910.56+£552k
20180.51

Derived from filed accounts. Not audited figures.