virgin mobile telecoms limited
virgin mobile telecoms limited Company Information
Company Number
03707664
Next Accounts
Sep 2025
Shareholders
virgin media operations limited
Group Structure
View All
Industry
Other telecommunications activities
Registered Address
500 brook drive, reading, RG2 6UU
Website
www.virgin.comvirgin mobile telecoms limited Estimated Valuation
Pomanda estimates the enterprise value of VIRGIN MOBILE TELECOMS LIMITED at £662.2m based on a Turnover of £382m and 1.73x industry multiple (adjusted for size and gross margin).
virgin mobile telecoms limited Estimated Valuation
Pomanda estimates the enterprise value of VIRGIN MOBILE TELECOMS LIMITED at £234.5m based on an EBITDA of £32.1m and a 7.31x industry multiple (adjusted for size and gross margin).
virgin mobile telecoms limited Estimated Valuation
Pomanda estimates the enterprise value of VIRGIN MOBILE TELECOMS LIMITED at £1b based on Net Assets of £425.4m and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Virgin Mobile Telecoms Limited Overview
Virgin Mobile Telecoms Limited is a live company located in reading, RG2 6UU with a Companies House number of 03707664. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in January 1999, it's largest shareholder is virgin media operations limited with a 100% stake. Virgin Mobile Telecoms Limited is a mature, mega sized company, Pomanda has estimated its turnover at £382m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Virgin Mobile Telecoms Limited Health Check
Pomanda's financial health check has awarded Virgin Mobile Telecoms Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £382m, make it larger than the average company (£14.1m)
£382m - Virgin Mobile Telecoms Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.6%)
-12% - Virgin Mobile Telecoms Limited
4.6% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (39%)
38.1% - Virgin Mobile Telecoms Limited
39% - Industry AVG
Profitability
an operating margin of 7% make it more profitable than the average company (4.2%)
7% - Virgin Mobile Telecoms Limited
4.2% - Industry AVG
Employees
with 1607 employees, this is above the industry average (54)
- Virgin Mobile Telecoms Limited
54 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Virgin Mobile Telecoms Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £237.7k, this is equally as efficient (£237.8k)
- Virgin Mobile Telecoms Limited
£237.8k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (40 days)
4 days - Virgin Mobile Telecoms Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (43 days)
0 days - Virgin Mobile Telecoms Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Virgin Mobile Telecoms Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Virgin Mobile Telecoms Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.1%, this is a similar level of debt than the average (65.4%)
71.1% - Virgin Mobile Telecoms Limited
65.4% - Industry AVG
VIRGIN MOBILE TELECOMS LIMITED financials
Virgin Mobile Telecoms Limited's latest turnover from December 2023 is £382 million and the company has net assets of £425.4 million. According to their latest financial statements, we estimate that Virgin Mobile Telecoms Limited has 1,607 employees and maintains cash reserves of £419 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 381,974,000 | 525,371,000 | 568,340,000 | 565,604,000 | 592,014,000 | 638,455,000 | 588,022,000 | 628,021,000 | 642,752,000 | 578,609,000 | 536,764,000 | 557,085,000 | 555,785,000 | 559,684,000 | 538,718,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 236,522,000 | 343,059,000 | 414,455,000 | 427,823,000 | 425,552,000 | 416,582,000 | 360,485,000 | 357,230,000 | 372,891,000 | 355,230,000 | 361,555,000 | 364,349,000 | 382,767,000 | 364,656,000 | 357,062,000 |
| Gross Profit | 145,452,000 | 182,312,000 | 153,885,000 | 137,781,000 | 166,462,000 | 221,873,000 | 227,537,000 | 270,791,000 | 269,861,000 | 223,379,000 | 175,209,000 | 192,736,000 | 173,018,000 | 195,028,000 | 181,656,000 |
| Admin Expenses | 118,867,000 | 142,138,000 | 163,663,000 | 204,506,000 | 208,886,000 | 210,715,000 | 209,067,000 | 214,325,000 | 211,940,000 | 175,803,000 | 146,889,000 | 114,597,000 | 118,008,000 | 123,952,000 | 119,565,000 |
| Operating Profit | 26,585,000 | 40,174,000 | -9,778,000 | -66,725,000 | -42,424,000 | 11,158,000 | 18,470,000 | 56,466,000 | 57,921,000 | 47,576,000 | 28,320,000 | 78,139,000 | 55,010,000 | 71,076,000 | 62,091,000 |
| Interest Payable | 14,104,000 | 12,785,000 | 12,030,000 | 11,976,000 | 11,512,000 | 1,832,000 | 10,105,000 | 11,258,000 | 5,850,000 | 9,858,000 | 3,836,000 | 3,453,000 | 6,994,000 | ||
| Interest Receivable | 482,000 | 5,000 | 28,000 | ||||||||||||
| Pre-Tax Profit | 12,481,000 | 27,389,000 | -21,808,000 | -78,701,000 | -53,936,000 | 9,326,000 | 8,365,000 | 45,690,000 | 53,022,000 | 37,718,000 | 24,484,000 | 74,686,000 | 55,659,000 | 71,081,000 | 62,119,000 |
| Tax | -23,362,000 | 9,248,000 | 1,000 | 9,248,000 | 6,735,000 | 3,267,000 | -73,000 | 1,787,000 | -2,622,000 | 1,767,000 | -1,670,000 | 7,485,000 | |||
| Profit After Tax | -10,881,000 | 36,637,000 | -21,807,000 | -69,453,000 | -47,201,000 | 12,593,000 | 8,292,000 | 47,477,000 | 50,400,000 | 39,485,000 | 22,814,000 | 82,171,000 | 55,659,000 | 71,081,000 | 62,119,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -10,881,000 | 36,637,000 | -21,807,000 | -69,453,000 | -47,201,000 | 12,593,000 | 8,292,000 | 47,477,000 | 50,400,000 | 39,485,000 | 22,814,000 | 82,171,000 | 55,659,000 | 71,081,000 | 62,119,000 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 32,077,000 | 51,422,000 | 2,069,000 | -27,854,000 | -3,732,000 | 60,097,000 | 51,089,000 | 89,391,000 | 80,590,000 | 56,484,000 | 33,281,000 | 82,954,000 | 59,825,000 | 75,798,000 | 70,053,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 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 | 2,266,000 | 6,884,000 | 9,487,000 | 12,368,000 | 14,926,000 | 16,629,000 | 23,485,000 | 31,511,000 | 5,495,000 | 12,531,000 | 14,744,000 | 8,758,000 | 9,778,000 | 7,570,000 | |
| Intangible Assets | 791,000 | 3,407,000 | 8,791,000 | 12,755,000 | 40,103,000 | 64,102,000 | 94,675,000 | 31,539,000 | 54,622,000 | 1,410,000 | 3,350,000 | 746,000 | |||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 11,811,000 | 64,201,000 | 26,407,000 | 30,401,000 | 17,760,000 | 15,884,000 | 6,674,000 | 6,747,000 | 4,960,000 | 7,582,000 | |||||
| Total Fixed Assets | 12,602,000 | 69,874,000 | 42,082,000 | 52,643,000 | 70,231,000 | 94,912,000 | 117,978,000 | 61,771,000 | 91,093,000 | 14,487,000 | 15,881,000 | 14,744,000 | 8,758,000 | 9,778,000 | 8,316,000 |
| Stock & work in progress | 9,947,000 | 13,989,000 | 18,094,000 | 24,296,000 | 23,929,000 | 19,996,000 | 12,279,000 | 13,128,000 | 10,941,000 | 11,686,000 | 11,241,000 | 7,960,000 | 22,320,000 | 6,581,000 | |
| Trade Debtors | 4,322,000 | 11,183,000 | 13,455,000 | 14,291,000 | 19,228,000 | 8,830,000 | 16,573,000 | 23,907,000 | 34,611,000 | 35,671,000 | 36,414,000 | 49,460,000 | 49,929,000 | 51,669,000 | 38,879,000 |
| Group Debtors | 1,450,585,000 | 1,280,623,000 | 1,123,512,000 | 937,440,000 | 812,928,000 | 718,111,000 | 523,524,000 | 660,015,000 | 441,921,000 | 363,059,000 | 323,788,000 | 298,424,000 | 230,667,000 | 156,277,000 | 113,663,000 |
| Misc Debtors | 5,520,000 | 8,713,000 | 8,890,000 | 10,080,000 | 19,403,000 | 27,481,000 | 7,963,000 | 5,146,000 | 5,685,000 | 6,351,000 | 6,459,000 | 1,270,000 | 108,000 | 4,983,000 | 2,504,000 |
| Cash | 419,000 | 956,000 | 2,393,000 | 1,276,000 | 1,503,000 | 241,000 | 239,000 | 1,345,000 | 321,000 | 1,182,000 | 720,000 | 1,971,000 | 3,620,000 | 6,960,000 | 6,383,000 |
| misc current assets | |||||||||||||||
| total current assets | 1,460,846,000 | 1,311,422,000 | 1,162,239,000 | 981,181,000 | 877,358,000 | 778,592,000 | 568,295,000 | 702,692,000 | 495,666,000 | 417,204,000 | 379,067,000 | 362,366,000 | 292,284,000 | 242,209,000 | 168,010,000 |
| total assets | 1,473,448,000 | 1,381,296,000 | 1,204,321,000 | 1,033,824,000 | 947,589,000 | 873,504,000 | 686,273,000 | 764,463,000 | 586,759,000 | 431,691,000 | 394,948,000 | 377,110,000 | 301,042,000 | 251,987,000 | 176,326,000 |
| Bank overdraft | 940,000 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 545,000 | 8,495,000 | 15,279,000 | 6,232,000 | 9,300,000 | 33,447,000 | 37,937,000 | 29,564,000 | 26,844,000 | 4,497,000 | 11,596,000 | 13,849,000 | 4,400,000 | 19,859,000 | 1,477,000 |
| Group/Directors Accounts | 705,701,000 | 923,700,000 | 727,437,000 | 586,567,000 | 435,388,000 | 272,920,000 | 95,022,000 | 210,747,000 | 77,309,000 | 9,683,000 | |||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 44,864,000 | 12,814,000 | 42,870,000 | 19,568,000 | 11,991,000 | 61,831,000 | 78,091,000 | 57,221,000 | 63,152,000 | 48,457,000 | 53,783,000 | 56,506,000 | 69,516,000 | 61,290,000 | 77,005,000 |
| total current liabilities | 752,050,000 | 945,009,000 | 785,586,000 | 612,367,000 | 456,679,000 | 368,198,000 | 211,050,000 | 297,532,000 | 167,305,000 | 62,637,000 | 65,379,000 | 70,355,000 | 73,916,000 | 81,149,000 | 78,482,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 295,992,000 | 19,085,000 | |||||||||||||
| provisions | 5,084,000 | 3,826,000 | |||||||||||||
| total long term liabilities | 295,992,000 | 19,085,000 | 2,542,000 | 1,913,000 | |||||||||||
| total liabilities | 1,048,042,000 | 945,009,000 | 804,671,000 | 612,367,000 | 456,679,000 | 368,198,000 | 211,050,000 | 297,532,000 | 167,305,000 | 62,637,000 | 65,379,000 | 70,355,000 | 76,458,000 | 83,062,000 | 78,482,000 |
| net assets | 425,406,000 | 436,287,000 | 399,650,000 | 421,457,000 | 490,910,000 | 505,306,000 | 475,223,000 | 466,931,000 | 419,454,000 | 369,054,000 | 329,569,000 | 306,755,000 | 224,584,000 | 168,925,000 | 97,844,000 |
| total shareholders funds | 425,406,000 | 436,287,000 | 399,650,000 | 421,457,000 | 490,910,000 | 505,306,000 | 475,223,000 | 466,931,000 | 419,454,000 | 369,054,000 | 329,569,000 | 306,755,000 | 224,584,000 | 168,925,000 | 97,844,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 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 | 26,585,000 | 40,174,000 | -9,778,000 | -66,725,000 | -42,424,000 | 11,158,000 | 18,470,000 | 56,466,000 | 57,921,000 | 47,576,000 | 28,320,000 | 78,139,000 | 55,010,000 | 71,076,000 | 62,091,000 |
| Depreciation | 2,267,000 | 4,993,000 | 3,789,000 | 6,068,000 | 8,053,000 | 11,548,000 | 7,383,000 | 9,541,000 | 7,246,000 | 4,242,000 | 2,144,000 | 4,815,000 | 4,815,000 | 3,969,000 | 2,570,000 |
| Amortisation | 3,225,000 | 6,255,000 | 8,058,000 | 32,803,000 | 30,639,000 | 37,391,000 | 25,236,000 | 23,384,000 | 15,423,000 | 4,666,000 | 2,817,000 | 753,000 | 5,392,000 | ||
| Tax | -23,362,000 | 9,248,000 | 1,000 | 9,248,000 | 6,735,000 | 3,267,000 | -73,000 | 1,787,000 | -2,622,000 | 1,767,000 | -1,670,000 | 7,485,000 | |||
| Stock | -9,947,000 | -4,042,000 | -4,105,000 | -6,202,000 | 367,000 | 3,933,000 | 7,717,000 | -849,000 | 2,187,000 | -745,000 | 445,000 | 3,281,000 | -14,360,000 | 15,739,000 | 6,581,000 |
| Debtors | 107,518,000 | 192,456,000 | 180,052,000 | 122,893,000 | 99,013,000 | 215,572,000 | -141,081,000 | 208,638,000 | 74,514,000 | 46,002,000 | 17,507,000 | 68,450,000 | 67,775,000 | 57,883,000 | 155,046,000 |
| Creditors | -7,950,000 | -6,784,000 | 9,047,000 | -3,068,000 | -24,147,000 | -4,490,000 | 8,373,000 | 2,720,000 | 22,347,000 | -7,099,000 | -2,253,000 | 9,449,000 | -15,459,000 | 18,382,000 | 1,477,000 |
| Accruals and Deferred Income | 32,050,000 | -30,056,000 | 23,302,000 | 7,577,000 | -49,840,000 | -16,260,000 | 20,870,000 | -5,931,000 | 14,695,000 | -5,326,000 | -2,723,000 | -13,010,000 | 8,226,000 | -15,715,000 | 77,005,000 |
| Deferred Taxes & Provisions | -5,084,000 | 1,258,000 | 3,826,000 | ||||||||||||
| Cash flow from operations | -64,756,000 | -164,584,000 | -141,528,000 | -130,788,000 | -170,364,000 | -176,891,000 | 213,623,000 | -119,822,000 | 38,309,000 | 569,000 | 8,683,000 | 10,063,000 | 435,000 | 8,669,000 | -13,092,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -217,999,000 | 196,263,000 | 140,870,000 | 151,179,000 | 162,468,000 | 177,898,000 | -115,725,000 | 133,438,000 | 67,626,000 | 9,683,000 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 295,992,000 | -19,085,000 | 19,085,000 | ||||||||||||
| share issue | |||||||||||||||
| interest | -14,104,000 | -12,785,000 | -12,030,000 | -11,976,000 | -11,512,000 | -1,832,000 | -10,105,000 | -10,776,000 | -5,850,000 | -9,858,000 | -3,836,000 | -3,453,000 | -6,994,000 | 5,000 | 28,000 |
| cash flow from financing | 63,889,000 | 164,393,000 | 147,925,000 | 139,203,000 | 183,761,000 | 193,556,000 | -125,830,000 | 122,662,000 | 61,776,000 | -175,000 | -3,836,000 | -3,453,000 | -6,994,000 | 5,000 | 35,753,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -537,000 | -1,437,000 | 1,117,000 | -227,000 | 1,262,000 | 2,000 | -1,106,000 | 1,024,000 | -861,000 | 462,000 | -1,251,000 | -1,649,000 | -3,340,000 | 577,000 | 6,383,000 |
| overdraft | 940,000 | ||||||||||||||
| change in cash | -1,477,000 | -1,437,000 | 1,117,000 | -227,000 | 1,262,000 | 2,000 | -1,106,000 | 1,024,000 | -861,000 | 462,000 | -1,251,000 | -1,649,000 | -3,340,000 | 577,000 | 6,383,000 |
virgin mobile telecoms limited Credit Report and Business Information
Virgin Mobile Telecoms Limited Competitor Analysis
Perform a competitor analysis for virgin mobile telecoms limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mega companies, companies in RG2 area or any other competitors across 12 key performance metrics.
virgin mobile telecoms limited Ownership
VIRGIN MOBILE TELECOMS LIMITED group structure
Virgin Mobile Telecoms Limited has no subsidiary companies.
Ultimate parent company
LIBERTY GLOBAL LTD
#0163582
2 parents
VIRGIN MOBILE TELECOMS LIMITED
03707664
virgin mobile telecoms limited directors
Virgin Mobile Telecoms Limited currently has 5 directors. The longest serving directors include Mr Lutz Schuler (Oct 2021) and Mrs Patricia Cobian (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lutz Schuler | United Kingdom | 57 years | Oct 2021 | - | Director |
| Mrs Patricia Cobian | England | 50 years | Oct 2021 | - | Director |
| Mr Enrique Medina Malo | United Kingdom | 53 years | Apr 2022 | - | Director |
| Mr Enrique Medina Malo | United Kingdom | 53 years | Apr 2022 | - | Director |
| Mr Enrique Medina Malo | United Kingdom | 53 years | Apr 2022 | - | Director |
P&L
December 2023turnover
382m
-27%
operating profit
26.6m
-34%
gross margin
38.1%
+9.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
425.4m
-0.02%
total assets
1.5b
+0.07%
cash
419k
-0.56%
net assets
Total assets minus all liabilities
virgin mobile telecoms limited company details
company number
03707664
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
January 1999
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
jv newco limited (August 1999)
accountant
-
auditor
KPMG LLP
address
500 brook drive, reading, RG2 6UU
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
virgin mobile telecoms 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 found 30 charges/mortgages relating to virgin mobile telecoms limited. Currently there are 22 open charges and 8 have been satisfied in the past.
virgin mobile telecoms 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.
Click to start generating capital raising & share issue transactions for VIRGIN MOBILE TELECOMS LIMITED. This can take several minutes, an email will notify you when this has completed.
virgin mobile telecoms limited Companies House Filings - See Documents
| date | description | view/download |
|---|
