Back to search

Virtus Energy Limited

12080810

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SPRING LODGE CHESTER ROAD, FRODSHAM, WA6 0AR
Incorporated 02/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27120
Manufacture of electricity distribution and control apparatus
29310
Manufacture of electrical and electronic equipment for motor vehicles
32990
Other manufacturing
43210
Electrical installation

Officers

Sally Evans

secretary · Since 08/09/2023

Mr Ian Harry Strudwick

director · Since 08/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 54 other boards

Persons with Significant Control

Rsk Environment Limited

50–75% shares
50–75% votes

65, Sussex Street, Glasgow, G41 1DX

Reg: Sc115530 · Register Of Companies · Private Limited Company

Notified 08/09/2023

Former PSCs

Peter Derek Varney

Ceased 08/09/2023

Virtus Place Group Limited

Ceased 16/07/2020

Mr Peter Varney

Ceased 28/02/2022

Mr Liam Ray

Ceased 28/11/2022

Mr James Peter Varney

Ceased 08/09/2023

Mr Frank Sekula

Ceased 08/09/2023

New Kensington Capital Limited

Ceased 08/09/2023

CompanyRankvs 415+ SIC 27120 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Blakley Electrics Limited
90
2H.V. Wooding Limited
90
3Bgb Engineering Limited
90
4Dhoot Transmission ( Uk ) Limited
90
5Craig & Derricott Limited
89
6Carling Technologies Limited
89
7Cressall Resistors Limited
89
8Mec Com Limited
89
9Heinzmann Regulateurs Europa Limited
89
10Alan Electrical Limited
88
415Virtus Energy Limited
35
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.

Employees11/15 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.

Longevity7/15 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 31/03/2023

Net Worth

-£421k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£491k

Working capital

Current Assets

£204k

Current Liabilities

£695k

Fixed Assets

£70k

Debtors

£108k

5avg. employees-7

Balance Sheet

Intangible assets£47k
Assets less current liabilities-£421k
Signed by Mr James VARNEY 18/12/2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.29-£221k
20220.62-£267k
20211.40+£63k

Derived from filed accounts. Not audited figures.