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Virtus Developments Ltd

15830775

active
ltd
england wales
Companies House
Accounts overdue
Health Score
65 / 100

Some Concerns

15/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Current liabilities exceed current assets (-10)

Details

83 Alma Road, Clifton, Bristol, BS8 2DP
Incorporated 10/07/2024

Compliance

Next accounts due

10/07/2026

Overdue

Confirmation statement

Last: 09/07/2026

Due 23/07/2027

On track

Industry

41100
Development of building projects
41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Jason Tinline

director · Since 10/07/2024

PROJECT MANAGER

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Rory Ronaldo Frary

director · Since 15/08/2025

DIRECTOR

BRITISH · WALES · Age 34

Also on 2 other boards

Jason Tinline

director · Since 10/07/2024

British · England · Age 59

Rory Ronaldo Frary

director · Since 15/08/2025

Welsh · Wales · Age 34

Persons with Significant Control

Mr Jason Tinline

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

British · England · Age 59

83, Alma Road, Bristol, BS8 2DP

Notified 10/07/2024

Mr Rory Ronaldo Frary

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

Welsh · Wales · Age 34

83, Alma Road, Bristol, BS8 2DP

Notified 01/08/2025

Change History

statusactive
2026-07-27

Active

typeltd
2026-07-27

Private Limited Company

address line183 Alma Road
2026-07-27

83 ALMA ROAD

post townBristol
2026-07-27

BRISTOL

sic codes41100,41201,41202
2026-07-27

41100

officer appointedFRARY, Rory Ronaldo
2026-07-27
officer appointedTINLINE, Jason
2026-07-27

CompanyRankvs 82227+ SIC 41100 peers
29

Financial strength34th percentile among SIC peers · 9/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceOne filing overdue · 5/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 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 31/07/2025

Net Worth

£8

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£14k

Current Liabilities

£19k

Fixed Assets

£19k

1avg. employees

Balance Sheet

Assets less current liabilities£14k
Prepared with v2026.33.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent Ratio
20250.75

Derived from filed accounts. Not audited figures.