virtualocity limited
virtualocity limited Company Information
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
harwood house, 43 harwood road, london, SW6 4QP
Website
http://virtualocations.comvirtualocity limited Estimated Valuation
Pomanda estimates the enterprise value of VIRTUALOCITY LIMITED at £35.7k based on a Turnover of £56.1k and 0.64x industry multiple (adjusted for size and gross margin).
virtualocity limited Estimated Valuation
Pomanda estimates the enterprise value of VIRTUALOCITY LIMITED at £0 based on an EBITDA of £-17.7k and a 4.56x industry multiple (adjusted for size and gross margin).
virtualocity limited Estimated Valuation
Pomanda estimates the enterprise value of VIRTUALOCITY LIMITED at £11.8k based on Net Assets of £5.1k and 2.33x industry multiple (adjusted for liquidity).
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Virtualocity Limited Overview
Virtualocity Limited is a live company located in london, SW6 4QP with a Companies House number of 03669953. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in November 1998, it's largest shareholder is k.c. wallis-eade with a 100% stake. Virtualocity Limited is a mature, micro sized company, Pomanda has estimated its turnover at £56.1k with healthy growth in recent years.
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Virtualocity Limited Health Check
Pomanda's financial health check has awarded Virtualocity Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £56.1k, make it smaller than the average company (£1.3m)
- Virtualocity Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (9.4%)
- Virtualocity Limited
9.4% - Industry AVG
Production
with a gross margin of 44.3%, this company has a comparable cost of product (44.3%)
- Virtualocity Limited
44.3% - Industry AVG
Profitability
an operating margin of -32.2% make it less profitable than the average company (6%)
- Virtualocity Limited
6% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Virtualocity Limited
12 - Industry AVG
Pay Structure
on an average salary of £58.8k, the company has an equivalent pay structure (£58.8k)
- Virtualocity Limited
£58.8k - Industry AVG
Efficiency
resulting in sales per employee of £56.1k, this is less efficient (£129.7k)
- Virtualocity Limited
£129.7k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (62 days)
- Virtualocity Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is slower than average (28 days)
- Virtualocity Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Virtualocity Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (18 weeks)
35 weeks - Virtualocity Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.3%, this is a higher level of debt than the average (55.3%)
67.3% - Virtualocity Limited
55.3% - Industry AVG
VIRTUALOCITY LIMITED financials
Virtualocity Limited's latest turnover from March 2024 is estimated at £56.1 thousand and the company has net assets of £5.1 thousand. According to their latest financial statements, Virtualocity Limited has 1 employee and maintains cash reserves of £7.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 21,842 | 38,685 | 64,847 | 88,918 | 84,790 | 97,416 | 114,793 | 90,729 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -11,790 | 8,007 | 19,448 | 50,119 | 46,388 | 53,669 | 59,375 | 44,805 | |||||||
| Interest Payable | 752 | 384 | 767 | 186 | 83 | 119 | 92 | ||||||||
| Interest Receivable | 1 | 493 | 329 | 1,450 | 2,166 | 1,750 | 1,943 | ||||||||
| Pre-Tax Profit | -12,542 | 7,624 | 19,174 | 50,262 | 47,755 | 55,716 | 61,033 | 46,748 | |||||||
| Tax | 1,619 | -1,619 | -4,872 | -10,702 | -10,640 | -12,567 | -14,434 | -10,359 | |||||||
| Profit After Tax | -10,923 | 6,005 | 14,302 | 39,560 | 37,115 | 43,149 | 46,599 | 36,389 | |||||||
| Dividends Paid | 15,000 | 55,000 | 75,000 | 34,500 | 31,000 | 102,000 | |||||||||
| Retained Profit | -10,923 | 6,005 | -698 | -15,440 | -37,885 | 8,649 | 15,599 | -65,611 | |||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* | -11,138 | 8,539 | 19,817 | 50,549 | 46,858 | 54,187 | 59,720 | 45,265 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,060 | 1,414 | 1,885 | 1,035 | 1,227 | 1,636 | 1,954 | 1,594 | 1,106 | 1,291 | 1,412 | 1,555 | 1,036 | 1,381 | 1,238 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,060 | 1,414 | 1,885 | 1,035 | 1,227 | 1,636 | 1,954 | 1,594 | 1,106 | 1,291 | 1,412 | 1,555 | 1,036 | 1,381 | 1,238 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 4,389 | 40,917 | 626 | 24 | 2,947 | 1,768 | 4,830 | 10,065 | 13,539 | 15,678 | 18,519 | 33,835 | 45,112 | 42,038 | 106,209 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,842 | 2,842 | 9,973 | 6,521 | 2,842 | 2,842 | 4,461 | 2,842 | 8,004 | 15,471 | 20,153 | 47,330 | 36,691 | ||
| Cash | 7,202 | 2,338 | 88 | 198 | 98 | 1,479 | 1,053 | 1,539 | 700 | 458 | 2,897 | 4,645 | 760 | 6,114 | 16,138 |
| misc current assets | |||||||||||||||
| total current assets | 14,433 | 46,097 | 10,687 | 6,743 | 5,887 | 6,089 | 10,344 | 14,446 | 22,243 | 31,607 | 41,569 | 85,810 | 82,563 | 48,152 | 122,347 |
| total assets | 15,493 | 47,511 | 12,572 | 7,778 | 7,114 | 7,725 | 12,298 | 16,040 | 23,349 | 32,898 | 42,981 | 87,365 | 83,599 | 49,533 | 123,585 |
| Bank overdraft | |||||||||||||||
| Bank loan | 944 | 3,512 | 3,196 | 3,310 | 3,772 | 3,771 | |||||||||
| Trade Creditors | 2,789 | 2,619 | 2,283 | 13,143 | 2,362 | 2,078 | 2,415 | 2,673 | 2,475 | 2,318 | 1,424 | 2,580 | 2,359 | 18,757 | 27,198 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 7,635 | 22,000 | 10,211 | 4,203 | 28,882 | 17,742 | 11,037 | 8,051 | 13,176 | 19,086 | 24,418 | 29,761 | 34,865 | ||
| total current liabilities | 10,424 | 24,619 | 12,494 | 17,346 | 32,188 | 23,332 | 16,648 | 14,034 | 19,423 | 25,175 | 25,842 | 32,341 | 37,224 | 18,757 | 27,198 |
| loans | 995 | 4,567 | 2,925 | 6,024 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 995 | 4,567 | 2,925 | 6,024 | |||||||||||
| total liabilities | 10,424 | 24,619 | 12,494 | 17,346 | 32,188 | 24,327 | 21,215 | 14,034 | 22,348 | 31,199 | 25,842 | 32,341 | 37,224 | 18,757 | 27,198 |
| net assets | 5,069 | 22,892 | 78 | -9,568 | -25,074 | -16,602 | -8,917 | 2,006 | 1,001 | 1,699 | 17,139 | 55,024 | 46,375 | 30,776 | 96,387 |
| total shareholders funds | 5,069 | 22,892 | 78 | -9,568 | -25,074 | -16,602 | -8,917 | 2,006 | 1,001 | 1,699 | 17,139 | 55,024 | 46,375 | 30,776 | 96,387 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -11,790 | 8,007 | 19,448 | 50,119 | 46,388 | 53,669 | 59,375 | 44,805 | |||||||
| Depreciation | 354 | 471 | 628 | 345 | 409 | 545 | 652 | 532 | 369 | 430 | 470 | 518 | 345 | 460 | 413 |
| Amortisation | |||||||||||||||
| Tax | 1,619 | -1,619 | -4,872 | -10,702 | -10,640 | -12,567 | -14,434 | -10,359 | |||||||
| Stock | |||||||||||||||
| Debtors | -36,528 | 33,160 | 4,054 | 756 | 1,179 | -4,681 | -3,616 | -8,636 | -9,606 | -7,523 | -42,493 | -638 | 39,765 | -64,171 | 106,209 |
| Creditors | 170 | 336 | -10,860 | 10,781 | 284 | -337 | -258 | 198 | 157 | 894 | -1,156 | 221 | -16,398 | -8,441 | 27,198 |
| Accruals and Deferred Income | -14,365 | 11,789 | 6,008 | -24,679 | 11,140 | 6,705 | 2,986 | -5,125 | -5,910 | -5,332 | -5,343 | -5,104 | 34,865 | ||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -3,175 | 10,629 | 18,798 | 42,932 | 72,212 | 37,375 | 23,988 | 90,636 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -944 | -2,568 | 316 | -114 | -462 | 1 | 3,771 | ||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -995 | -3,572 | 4,567 | -2,925 | -3,099 | 6,024 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -752 | -383 | -274 | 143 | 1,367 | 2,047 | 1,658 | 1,943 | |||||||
| cash flow from financing | 3,701 | -8,770 | -3,372 | 9,938 | 1,367 | 2,047 | 1,658 | 1,943 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | 4,864 | 2,250 | -110 | 100 | -1,381 | 426 | -486 | 839 | 242 | -2,439 | -1,748 | 3,885 | -5,354 | -10,024 | 16,138 |
| overdraft | |||||||||||||||
| change in cash | 4,864 | 2,250 | -110 | 100 | -1,381 | 426 | -486 | 839 | 242 | -2,439 | -1,748 | 3,885 | -5,354 | -10,024 | 16,138 |
virtualocity limited Credit Report and Business Information
Virtualocity Limited Competitor Analysis
Perform a competitor analysis for virtualocity limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SW6 area or any other competitors across 12 key performance metrics.
virtualocity limited Ownership
VIRTUALOCITY LIMITED group structure
Virtualocity Limited has no subsidiary companies.
Ultimate parent company
VIRTUALOCITY LIMITED
03669953
virtualocity limited directors
Virtualocity Limited currently has 1 director, Mr Kevin Wallis-Eade serving since Nov 1998.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Wallis-Eade | England | 66 years | Nov 1998 | - | Director |
P&L
March 2024turnover
56.1k
-65%
operating profit
-18.1k
0%
gross margin
44.3%
-6.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5.1k
-0.78%
total assets
15.5k
-0.67%
cash
7.2k
+2.08%
net assets
Total assets minus all liabilities
virtualocity limited company details
company number
03669953
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
November 1998
age
27
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
harwood house, 43 harwood road, london, SW6 4QP
Bank
-
Legal Advisor
-
virtualocity 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 virtualocity limited.
virtualocity limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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virtualocity limited Companies House Filings - See Documents
| date | description | view/download |
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