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Virtualis Ltd

12277269

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

THE MILL BUILDING, WORTHING, BN11 1LY
Incorporated 23/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Adam Frederick Miles

director · Since 23/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Mrs Kate Rebecca Miles

director · Since 23/10/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Adam Frederick Miles

25–50% shares
75–100% votes
Appoint directors

British · England · Age 47

The Mill Building, 31 Chatsworth Road, Worthing, BN11 1LY

Notified 23/10/2019

Mrs Kate Rebecca Miles

25–50% shares
Appoint directors

British · United Kingdom · Age 46

The Mill Building, 31 Chatsworth Road, Worthing, BN11 1LY

Notified 23/10/2019

CompanyRankvs 6199+ SIC 62012 peers
76

Financial strength91th percentile among SIC peers · 23/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 6.04× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

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.

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 31/10/2025

Net Worth

£226k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£217k

Working capital

Current Assets

£260k

Current Liabilities

£43k

Fixed Assets

£9k

2avg. employees
Signed by 12277269 2024-11-01 2025-10-31 12277269 2025-10-31 12277269 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20256.04+£0
20256.04+£39k
20244.14+£13k
20234.88+£73k
2022+£66k
2021+£13k

Derived from filed accounts. Not audited figures.