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Virtus Respiratory Research Limited

11572125

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

GOWRAN HOUSE 56 BROAD STREET, BRISTOL, BS37 6AG
Incorporated 17/09/2018

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

27/06/2026

On track

Confirmation statement

Last: 05/04/2026

Due 19/04/2027

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Mr Michael Robert Edwards

director · Since 17/09/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Prof Sebastian Lennox Johnston

director · Since 17/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 1 other board

Persons with Significant Control

Prof Sebastian Lennox Johnston

75–100% shares
75–100% votes

British · United Kingdom · Age 67

Gowran House, 56 Broad Street, Bristol, BS37 6AG

Notified 17/09/2018

CompanyRankvs 221+ SIC 72110 peers
80

Financial strength94th percentile among SIC peers · 24/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 622.17× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees13/15 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.

Longevity8/15 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 31/03/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.4M

Current Liabilities

£2k

Fixed Assets

£64k

Debtors

£310k

6avg. employees+2

Tax at Year End(2019)

Corp tax£1k

Balance Sheet

Assets less current liabilities£1.5M
Signed by Prof S L Johnston Mr M R Edwards 13 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024622.17+£868k
202339.05-£452k
2022+£264k
2021322.28+£503k
20202.09+£158k
20191.21

Derived from filed accounts. Not audited figures.