virgin money personal financial service limited
virgin money personal financial service limited Company Information
Company Number
03072766
Registered Address
jubilee house, gosforth, newcastle-upon-tyne, NE3 4PL
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Non-life insurance
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
virgin money holdings (uk) plc 100%
virgin money personal financial service limited Estimated Valuation
Pomanda estimates the enterprise value of VIRGIN MONEY PERSONAL FINANCIAL SERVICE LIMITED at £2.3k based on a Turnover of £3k and 0.77x industry multiple (adjusted for size and gross margin).
virgin money personal financial service limited Estimated Valuation
Pomanda estimates the enterprise value of VIRGIN MONEY PERSONAL FINANCIAL SERVICE LIMITED at £0 based on an EBITDA of £-404.3k and a 7.49x industry multiple (adjusted for size and gross margin).
virgin money personal financial service limited Estimated Valuation
Pomanda estimates the enterprise value of VIRGIN MONEY PERSONAL FINANCIAL SERVICE LIMITED at £12.1m based on Net Assets of £7.7m and 1.56x industry multiple (adjusted for liquidity).
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Virgin Money Personal Financial Service Limited Overview
Virgin Money Personal Financial Service Limited is a live company located in newcastle-upon-tyne, NE3 4PL with a Companies House number of 03072766. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 1995, it's largest shareholder is virgin money holdings (uk) plc with a 100% stake. Virgin Money Personal Financial Service Limited is a mature, micro sized company, Pomanda has estimated its turnover at £3k with declining growth in recent years.
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Virgin Money Personal Financial Service Limited Health Check
Pomanda's financial health check has awarded Virgin Money Personal Financial Service Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £3k, make it smaller than the average company (£2.7m)
£3k - Virgin Money Personal Financial Service Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -89%, show it is growing at a slower rate (6.1%)
-89% - Virgin Money Personal Financial Service Limited
6.1% - Industry AVG
Production
with a gross margin of 83.3%, this company has a comparable cost of product (83.3%)
83.3% - Virgin Money Personal Financial Service Limited
83.3% - Industry AVG
Profitability
an operating margin of -13476.7% make it less profitable than the average company (13.8%)
-13476.7% - Virgin Money Personal Financial Service Limited
13.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (24)
- Virgin Money Personal Financial Service Limited
24 - Industry AVG
Pay Structure
on an average salary of £65.5k, the company has an equivalent pay structure (£65.5k)
- Virgin Money Personal Financial Service Limited
£65.5k - Industry AVG
Efficiency
resulting in sales per employee of £3k, this is less efficient (£161.9k)
- Virgin Money Personal Financial Service Limited
£161.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Virgin Money Personal Financial Service Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Virgin Money Personal Financial Service Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Virgin Money Personal Financial Service Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22429 weeks, this is more cash available to meet short term requirements (22 weeks)
22429 weeks - Virgin Money Personal Financial Service Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.2%, this is a lower level of debt than the average (78.3%)
0.2% - Virgin Money Personal Financial Service Limited
78.3% - Industry AVG
virgin money personal financial service limited Credit Report and Business Information
Virgin Money Personal Financial Service Limited Competitor Analysis
Perform a competitor analysis for virgin money personal financial service limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
virgin money personal financial service limited Ownership
VIRGIN MONEY PERSONAL FINANCIAL SERVICE LIMITED group structure
Virgin Money Personal Financial Service Limited has no subsidiary companies.
Ultimate parent company
2 parents
VIRGIN MONEY PERSONAL FINANCIAL SERVICE LIMITED
03072766
virgin money personal financial service limited directors
Virgin Money Personal Financial Service Limited currently has 3 directors. The longest serving directors include Mr Hugh Chater (Jul 2020) and Mr Clifford Abrahams (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hugh Chater | United Kingdom | 64 years | Jul 2020 | - | Director |
| Mr Clifford Abrahams | England | 57 years | Mar 2022 | - | Director |
| Mrs Allegra Patrizi | United Kingdom | 49 years | Nov 2023 | - | Director |
VIRGIN MONEY PERSONAL FINANCIAL SERVICE LIMITED financials
Virgin Money Personal Financial Service Limited's latest turnover from September 2023 is £3 thousand and the company has net assets of £7.7 million. According to their latest financial statements, we estimate that Virgin Money Personal Financial Service Limited has 1 employee and maintains cash reserves of £7.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,000 | 489,000 | 1,553,000 | 2,053,000 | 3,762,000 | 3,712,000 | 5,162,000 | 4,340,000 | 12,377,000 | 12,084,000 | 11,224,000 | 10,692,000 | 10,021,000 | 11,072,000 | 13,190,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 2,002,000 | 1,216,000 | 5,144,000 | 5,400,000 | 3,900,000 | 3,329,000 | 2,171,000 | 2,763,000 | 2,708,000 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 241,000 | 1,000 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 143,000 | 319,000 | 456,000 | 388,000 | 264,000 | 418,000 | 138,000 | 2,000 | 0 |
| Pre-Tax Profit | -13,000 | 49,000 | 996,000 | 1,492,000 | 2,413,000 | 2,505,000 | 2,145,000 | 1,535,000 | 5,600,000 | 5,788,000 | 4,164,000 | 3,747,000 | 2,068,000 | 2,764,000 | 2,708,000 |
| Tax | 0 | -22,000 | -246,000 | -140,000 | -198,000 | -476,000 | -413,000 | -309,000 | -1,128,000 | -1,248,000 | -975,000 | -726,000 | -37,000 | -913,000 | 0 |
| Profit After Tax | -13,000 | 27,000 | 750,000 | 1,352,000 | 2,215,000 | 2,029,000 | 1,732,000 | 1,226,000 | 4,472,000 | 4,540,000 | 3,189,000 | 3,021,000 | 2,031,000 | 1,851,000 | 2,708,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 2,000,000 | 1,501,000 | 28,675,000 | 18,000,000 | 0 | 0 | 0 | 0 | 0 | 7,910,000 | 0 |
| Retained Profit | -13,000 | 27,000 | 750,000 | 1,352,000 | 215,000 | 528,000 | -5,154,000 | -12,979,000 | 4,472,000 | 4,540,000 | 3,189,000 | 3,021,000 | 2,031,000 | -6,059,000 | 2,708,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 2,002,000 | 1,216,000 | 5,144,000 | 5,400,000 | 3,900,000 | 3,329,000 | 2,171,000 | 2,763,000 | 2,708,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 44,000 | 44,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 22,000 | 22,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 22,000 | 22,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 141,000 | 249,000 | 320,000 | 232,000 | 418,000 | 1,245,000 | 987,000 | 936,000 | 975,000 | 995,000 | 633,000 | 793,000 | 744,000 |
| Group Debtors | 0 | 67,000 | 30,000 | 284,000 | 0 | 216,000 | 0 | 7,096,000 | 22,296,000 | 15,350,000 | 14,187,000 | 9,133,000 | 7,398,000 | 3,259,000 | 7,910,000 |
| Misc Debtors | 0 | 0 | 11,000 | 59,000 | 10,000 | 100,000 | 100,000 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 2,791,000 |
| Cash | 7,764,000 | 7,888,000 | 7,912,000 | 7,094,000 | 6,471,000 | 5,514,000 | 5,466,000 | 2,267,000 | 2,754,000 | 3,983,000 | 2,025,000 | 1,100,000 | 799,000 | 2,443,000 | 792,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 31,000 | 38,000 | 46,000 | 59,000 | 59,000 | 290,000 | 1,255,000 | 1,882,000 | 1,882,000 | 0 |
| total current assets | 7,764,000 | 7,955,000 | 8,094,000 | 7,686,000 | 6,824,000 | 6,093,000 | 6,022,000 | 11,654,000 | 26,096,000 | 20,328,000 | 17,477,000 | 12,483,000 | 10,712,000 | 8,377,000 | 12,237,000 |
| total assets | 7,764,000 | 7,955,000 | 8,116,000 | 7,708,000 | 6,824,000 | 6,093,000 | 6,022,000 | 11,654,000 | 26,096,000 | 20,328,000 | 17,477,000 | 12,483,000 | 10,712,000 | 8,377,000 | 12,237,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 4,000 | 10,000 | 21,000 | 107,000 | 217,000 | 58,000 | 12,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 120,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 18,000 | 196,000 | 384,000 | 726,000 | 1,194,000 | 678,000 | 1,135,000 | 1,609,000 | 3,072,000 | 1,770,000 | 3,448,000 | 1,557,000 | 866,000 | 552,000 | 279,000 |
| total current liabilities | 18,000 | 196,000 | 384,000 | 726,000 | 1,194,000 | 678,000 | 1,135,000 | 1,613,000 | 3,076,000 | 1,780,000 | 3,469,000 | 1,664,000 | 1,083,000 | 610,000 | 411,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,831,000 | 2,000,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,831,000 | 2,000,000 | 0 |
| total liabilities | 18,000 | 196,000 | 384,000 | 726,000 | 1,194,000 | 678,000 | 1,135,000 | 1,613,000 | 3,076,000 | 1,780,000 | 3,469,000 | 1,664,000 | 2,914,000 | 2,610,000 | 411,000 |
| net assets | 7,746,000 | 7,759,000 | 7,732,000 | 6,982,000 | 5,630,000 | 5,415,000 | 4,887,000 | 10,041,000 | 23,020,000 | 18,548,000 | 14,008,000 | 10,819,000 | 7,798,000 | 5,767,000 | 11,826,000 |
| total shareholders funds | 7,746,000 | 7,759,000 | 7,732,000 | 6,982,000 | 5,630,000 | 5,415,000 | 4,887,000 | 10,041,000 | 23,020,000 | 18,548,000 | 14,008,000 | 10,819,000 | 7,798,000 | 5,767,000 | 11,826,000 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,002,000 | 1,216,000 | 5,144,000 | 5,400,000 | 3,900,000 | 3,329,000 | 2,171,000 | 2,763,000 | 2,708,000 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | -22,000 | -246,000 | -140,000 | -198,000 | -476,000 | -413,000 | -309,000 | -1,128,000 | -1,248,000 | -975,000 | -726,000 | -37,000 | -913,000 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -67,000 | -137,000 | -410,000 | 284,000 | -218,000 | 30,000 | -8,823,000 | -13,942,000 | 6,997,000 | 1,124,000 | 5,034,000 | 2,097,000 | 3,979,000 | -7,393,000 | 11,445,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | -4,000 | 0 | -6,000 | -11,000 | -86,000 | -110,000 | 159,000 | 46,000 | 12,000 |
| Accruals and Deferred Income | -178,000 | -188,000 | -342,000 | -468,000 | 516,000 | -457,000 | -474,000 | -1,463,000 | 1,302,000 | -1,678,000 | 1,891,000 | 691,000 | 314,000 | 273,000 | 279,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 9,934,000 | 13,386,000 | -1,685,000 | 1,339,000 | -304,000 | 1,087,000 | -1,372,000 | 9,562,000 | -8,446,000 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -120,000 | 120,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,831,000 | -169,000 | 2,000,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 143,000 | 319,000 | 456,000 | 388,000 | 264,000 | 418,000 | -103,000 | 1,000 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 143,000 | 319,000 | 456,000 | 388,000 | 264,000 | -1,413,000 | -272,000 | 1,881,000 | 9,238,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -124,000 | -24,000 | 818,000 | 623,000 | 957,000 | 48,000 | 3,199,000 | -487,000 | -1,229,000 | 1,958,000 | 925,000 | 301,000 | -1,644,000 | 1,651,000 | 792,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -124,000 | -24,000 | 818,000 | 623,000 | 957,000 | 48,000 | 3,199,000 | -487,000 | -1,229,000 | 1,958,000 | 925,000 | 301,000 | -1,644,000 | 1,651,000 | 792,000 |
P&L
September 2023turnover
3k
-99%
operating profit
-404.3k
0%
gross margin
83.3%
+1.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
7.7m
0%
total assets
7.8m
-0.02%
cash
7.8m
-0.02%
net assets
Total assets minus all liabilities
virgin money personal financial service limited company details
company number
03072766
Type
Private limited with Share Capital
industry
65110 - Life insurance
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
65120 - Non-life insurance
incorporation date
June 1995
age
29
accounts
Full Accounts
ultimate parent company
previous names
virgin direct personal financial service limited (February 2002)
virgin direct unit trust managers limited (May 1996)
incorporated
UK
address
jubilee house, gosforth, newcastle-upon-tyne, NE3 4PL
last accounts submitted
September 2023
virgin money personal financial service limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to virgin money personal financial service limited.
virgin money personal financial service limited Companies House Filings - See Documents
| date | description | view/download |
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