Pomanda estimates the enterprise value of VIRTUAL IT LIMITED at £17.8m based on a Turnover of £17.4m and 1.02x industry multiple (adjusted for size and gross margin).
virtual it limitedEstimated Valuation
£11.1m
Pomanda estimates the enterprise value of VIRTUAL IT LIMITED at £11.1m based on an EBITDA of £1.7m and a 6.59x industry multiple (adjusted for size and gross margin).
virtual it limitedEstimated Valuation
£5.1m
Pomanda estimates the enterprise value of VIRTUAL IT LIMITED at £5.1m based on Net Assets of £2.4m and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Virtual It LimitedOverview
Virtual It Limited is a live company located in london, NW6 4BT with a Companies House number of 04252845. It operates in the other information technology service activities sector, SIC Code 62090. Founded in July 2001, it's largest shareholder is
eldama invest limited
with a 55.2% stake. Virtual It Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£17.4m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Virtual It Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
3 Regular
2 Weak
Size
annual sales of £17.4m, make it larger than the average company (£8.3m)
£17.4m - Virtual It Limited
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9.4%)
10% - Virtual It Limited
9.4% - Industry AVG
Production
with a gross margin of 53.2%, this company has a comparable cost of product (50.1%)
53.2% - Virtual It Limited
50.1% - Industry AVG
Profitability
an operating margin of 5.5% make it more profitable than the average company (4%)
5.5% - Virtual It Limited
4% - Industry AVG
Employees
with 136 employees, this is above the industry average (47)
136 - Virtual It Limited
47 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has a lower pay structure (£74.8k)
£43.2k - Virtual It Limited
£74.8k - Industry AVG
Efficiency
resulting in sales per employee of £128.1k, this is less efficient (£182.8k)
£128.1k - Virtual It Limited
£182.8k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (51 days)
26 days - Virtual It Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (33 days)
58 days - Virtual It Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (12 days)
4 days - Virtual It Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is average cash available to meet short term requirements (13 weeks)
14 weeks - Virtual It Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.1%, this is a higher level of debt than the average (63.3%)
70.1% - Virtual It Limited
63.3% - Industry AVG
VIRTUAL IT LIMITED financials
EXPORT
Virtual It Limited's latest turnover from September 2024 is £17.4 million and the company has net assets of £2.4 million. According to their latest financial statements, Virtual It Limited has 136 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
17,415,528
14,164,403
13,613,786
13,156,408
5,496,933
4,415,197
4,281,938
3,259,500
2,372,892
1,726,729
1,828,189
1,651,702
1,775,550
1,457,701
1,703,122
Other Income Or Grants
Cost Of Sales
8,158,430
6,983,422
6,948,791
6,810,253
2,652,416
2,105,304
2,001,582
1,536,370
1,082,989
811,093
861,390
777,159
835,375
681,796
776,210
Gross Profit
9,257,098
7,180,981
6,664,995
6,346,155
2,844,517
2,309,892
2,280,356
1,723,130
1,289,903
915,636
966,799
874,543
940,175
775,905
926,912
Admin Expenses
8,291,544
6,529,050
6,132,503
5,530,949
2,479,585
2,382,027
2,065,501
1,552,977
1,342,655
1,042,095
1,113,698
1,106,959
1,231,186
-1,001,545
475,833
332,209
Operating Profit
965,554
651,931
532,492
815,206
364,932
-72,135
214,855
170,153
-52,752
-126,459
-146,899
-232,416
-291,011
1,777,450
451,079
-332,209
Interest Payable
51,617
111,374
49,810
27,083
97,076
73,074
31,776
21,237
7,324
6,471
8,768
11,675
11,777
5,683
Interest Receivable
9,638
5,979
671
4,991
8,144
2,920
2,742
5,321
6,258
7,173
6,802
5,377
3,117
1,044
Pre-Tax Profit
1,155,345
546,535
482,660
792,723
268,527
-140,218
191,223
151,836
-57,334
-127,609
-149,409
-236,918
-295,986
1,777,145
454,196
-331,165
Tax
-425,179
-206,651
-198,371
-194,510
-51,020
-36,332
-28,849
-462,058
-127,175
Profit After Tax
730,166
339,884
284,289
598,213
217,507
-140,218
154,891
122,987
-57,334
-127,609
-149,409
-236,918
-295,986
1,315,087
327,021
-331,165
Dividends Paid
Retained Profit
730,166
339,884
284,289
598,213
217,507
-140,218
154,891
122,987
-57,334
-127,609
-149,409
-236,918
-295,986
1,315,087
327,021
-331,165
Employee Costs
5,878,988
4,441,478
4,410,904
4,192,680
4,109,509
4,197,813
3,924,099
2,780,186
2,101,068
648,326
641,555
606,571
612,761
492,016
624,743
Number Of Employees
136
104
95
85
69
70
68
50
39
12
12
12
12
10
13
EBITDA*
1,685,826
1,228,413
1,228,674
1,278,888
607,152
245,417
518,263
419,937
119,258
88,290
124,503
116,126
173,081
2,282,697
945,489
249,258
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
212,610
233,497
211,876
259,802
318,500
379,077
445,259
449,496
347,728
415,503
427,717
519,067
657,280
976,711
1,333,069
1,405,857
Intangible Assets
3,501,360
4,111,310
3,400,710
3,924,347
2,567,473
910,613
937,181
819,165
6,215
12,743
21,862
32,805
28,892
53,572
77,701
84,754
Investments & Other
100
48,645
101
123
123
1,613,357
122
122
22
22
22
22
22
Debtors (Due After 1 year)
25,523
25,523
25,523
22,523
Total Fixed Assets
3,739,593
4,418,975
3,638,210
4,206,795
2,886,096
2,903,047
1,382,562
1,268,783
353,965
428,268
449,601
551,894
686,194
1,030,283
1,410,770
1,490,611
Stock & work in progress
91,331
111,350
86,789
134,469
54,028
75,555
55,498
78,191
87,482
62,762
49,079
43,254
83,454
37,377
40,041
58,350
Trade Debtors
1,255,516
1,071,990
788,341
705,505
488,353
217,389
248,722
215,210
122,187
188,056
229,083
148,462
193,152
153,220
155,894
125,827
Group Debtors
436,700
Misc Debtors
1,215,120
1,291,283
768,343
831,711
371,494
164,556
178,764
133,097
89,513
Cash
1,557,747
1,609,924
1,009,546
1,130,697
946,160
396,461
934,483
1,237,342
1,098,266
1,095,397
1,033,142
1,470,251
1,398,809
1,321,831
829,062
417,641
misc current assets
total current assets
4,119,714
4,084,547
2,653,019
2,802,382
1,860,035
1,290,661
1,417,467
1,663,840
1,397,448
1,346,215
1,311,304
1,661,967
1,675,415
1,512,428
1,024,997
601,818
total assets
7,859,307
8,503,522
6,291,229
7,009,177
4,746,131
4,193,708
2,800,029
2,932,623
1,751,413
1,774,483
1,760,905
2,213,861
2,361,609
2,542,711
2,435,767
2,092,429
Bank overdraft
Bank loan
465,034
394,053
432,586
157,876
316,421
134,333
50,000
50,000
Trade Creditors
1,299,659
1,403,097
1,237,349
1,062,665
727,300
477,440
407,000
449,309
257,117
851,933
799,206
931,035
809,189
770,161
1,052,532
1,040,141
Group/Directors Accounts
281,315
1,082
382
382
381
other short term finances
600,000
101,042
98,073
171,719
187,500
174,861
hp & lease commitments
1,459
9,017
16,935
20,838
other current liabilities
4,191,235
3,827,872
2,350,305
2,538,930
1,601,665
972,668
1,066,943
1,141,191
730,122
total current liabilities
5,490,894
5,977,318
3,983,166
4,043,198
2,487,923
2,366,911
1,625,593
1,661,719
1,037,239
952,975
897,279
1,102,754
996,689
945,022
1,052,532
1,040,141
loans
671,736
434,752
811,957
1,255,031
853,496
260,917
496,250
83,333
hp & lease commitments
12,369
16,026
Accruals and Deferred Income
other liabilities
133,333
51,042
149,114
326,093
273,542
222,205
245,279
provisions
14,478
285,600
565,000
200,000
27,000
total long term liabilities
14,478
957,336
434,752
1,376,957
1,267,400
1,053,496
260,917
512,276
83,333
133,333
51,042
149,114
326,093
273,542
249,205
245,279
total liabilities
5,505,372
6,934,654
4,417,918
5,420,155
3,755,323
3,420,407
1,886,510
2,173,995
1,120,572
1,086,308
948,321
1,251,868
1,322,782
1,218,564
1,301,737
1,285,420
net assets
2,353,935
1,568,868
1,873,311
1,589,022
990,808
773,301
913,519
758,628
630,841
688,175
812,584
961,993
1,038,827
1,324,147
1,134,030
807,009
total shareholders funds
2,353,935
1,568,868
1,873,311
1,589,022
990,808
773,301
913,519
758,628
630,841
688,175
812,584
961,993
1,038,827
1,324,147
1,134,030
807,009
Sep 2024
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
965,554
651,931
532,492
815,206
364,932
-72,135
214,855
170,153
-52,752
-126,459
-146,899
-232,416
-291,011
1,777,450
451,079
-332,209
Depreciation
100,027
104,339
125,842
154,064
161,462
192,073
199,968
185,162
165,482
205,630
260,459
327,566
434,412
475,118
470,961
554,626
Amortisation
620,245
472,143
570,340
309,618
80,758
125,479
103,440
64,622
6,528
9,119
10,943
20,976
29,680
30,129
23,449
26,841
Tax
-425,179
-206,651
-198,371
-194,510
-51,020
-36,332
-28,849
-462,058
-127,175
Stock
-20,019
24,561
-47,680
80,441
-21,527
20,057
-22,693
-9,291
24,720
13,683
5,825
-40,200
46,077
-2,664
-18,309
58,350
Debtors
107,363
806,589
22,468
699,892
41,202
391,159
79,179
136,607
23,644
-41,027
80,621
-44,690
39,932
-2,674
30,067
125,827
Creditors
-103,438
165,748
174,684
335,365
249,860
70,440
-42,309
192,192
-594,816
52,727
-131,829
121,846
39,028
-282,371
12,391
1,040,141
Accruals and Deferred Income
363,363
1,477,567
-188,625
937,265
628,997
-94,275
-74,248
411,069
730,122
Deferred Taxes & Provisions
-271,122
285,600
-565,000
565,000
-200,000
200,000
-27,000
27,000
Cash flow from operations
1,162,106
2,119,527
476,574
2,141,675
1,215,314
10,366
308,888
867,033
206,200
168,361
-93,772
322,862
126,100
1,516,606
845,947
1,105,222
Investing Activities
capital expenditure
-1,838,503
-224,802
-417,186
-1,365,139
-97,707
-193,416
-169,109
-214,242
-119,981
-124,760
-414,569
-2,072,078
Change in Investments
-48,545
48,544
-22
-1,613,234
1,613,235
100
22
cash flow from investments
48,545
-48,544
22
-225,269
-1,838,037
-417,186
-1,365,239
-97,707
-193,416
-169,109
-214,242
-120,003
-124,760
-414,569
-2,072,078
Financing Activities
Bank loans
-465,034
70,981
-38,533
274,710
-158,545
182,088
84,333
50,000
Group/Directors Accounts
-281,315
281,315
-1,082
700
1
381
Other Short Term Loans
-600,000
600,000
-101,042
2,969
-73,646
-15,781
12,639
174,861
Long term loans
-671,736
236,984
-377,205
-443,074
401,535
592,579
-235,333
412,917
83,333
Hire Purchase and Lease Commitments
-1,459
-7,558
-3,352
12,369
-16,935
-19,929
36,864
other long term liabilities
-133,333
82,291
-98,072
-176,979
52,551
51,337
-23,074
245,279
share issue
54,901
-644,327
1
4,800
3,200
160,084
10,666
-1,124,970
1,138,174
interest
-41,979
-105,395
-49,810
-27,083
-96,405
-68,083
-23,632
-18,317
-4,582
-1,150
-2,510
-4,502
-4,975
-306
3,117
1,044
cash flow from financing
-1,405,163
-161,901
-473,106
-199,880
-440,346
1,289,649
-194,560
436,645
-105,624
87,310
-174,228
-37,178
70,881
-899,078
-19,957
1,384,497
cash and cash equivalents
cash
-52,177
600,378
-121,151
184,537
549,699
-538,022
-302,859
139,076
2,869
62,255
-437,109
71,442
76,978
492,769
411,421
417,641
overdraft
change in cash
-52,177
600,378
-121,151
184,537
549,699
-538,022
-302,859
139,076
2,869
62,255
-437,109
71,442
76,978
492,769
411,421
417,641
virtual it limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for virtual it limited. Get real-time insights into virtual it limited's credit score, group structure and payment trends.
Perform a competitor analysis for virtual it limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in NW6 area or any other competitors across 12 key performance metrics.
62090 - Other information technology and computer service activities
incorporation date
July 2001
age
24
incorporated
UK
ultimate parent company
ELDAMA INVEST LTD
accounts
Full Accounts
last accounts submitted
September 2024
previous names
commsol (uk) limited (March 2002)
accountant
-
auditor
MGI MIDGLEY SNELLING LLP
address
omni house 252 belsize road, london, NW6 4BT
Bank
-
Legal Advisor
-
virtual it 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 4 charges/mortgages relating to virtual it limited. Currently there are 3 open charges and 1 have been satisfied in the past.
virtual it 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 VIRTUAL IT LIMITED. This can take several minutes, an email will notify you when this has completed.
virtual it limitedCompanies House Filings - See Documents
