virtus construction ltd
virtus construction ltd Company Information
Group Structure
View All
Industry
Development of building projects
Registered Address
c/o begbies traynor 3rd floor ca, lower castle street, bristol, BS1 3AG
virtus construction ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUS CONSTRUCTION LTD at £248.1k based on a Turnover of £754.5k and 0.33x industry multiple (adjusted for size and gross margin).
virtus construction ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUS CONSTRUCTION LTD at £0 based on an EBITDA of £-32.8k and a 2.6x industry multiple (adjusted for size and gross margin).
virtus construction ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUS CONSTRUCTION LTD at £0 based on Net Assets of £-73.7k and 1.41x industry multiple (adjusted for liquidity).
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Virtus Construction Ltd Overview
Virtus Construction Ltd is a dissolved company that was located in bristol, BS1 3AG with a Companies House number of 06450040. It operated in the development of building projects sector, SIC Code 41100. Founded in December 2007, it's largest shareholder was gareth williams with a 100% stake. The last turnover for Virtus Construction Ltd was estimated at £754.5k.
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Virtus Construction Ltd Health Check
Pomanda's financial health check has awarded Virtus Construction Ltd a 2.5 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
1 Regular
6 Weak
Size
annual sales of £754.5k, make it smaller than the average company (£2.2m)
- Virtus Construction Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (1.9%)
- Virtus Construction Ltd
1.9% - Industry AVG
Production
with a gross margin of 9.8%, this company has a higher cost of product (26.5%)
- Virtus Construction Ltd
26.5% - Industry AVG
Profitability
an operating margin of -4.3% make it less profitable than the average company (8.7%)
- Virtus Construction Ltd
8.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Virtus Construction Ltd
7 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has an equivalent pay structure (£44.4k)
- Virtus Construction Ltd
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £377.2k, this is more efficient (£262.3k)
- Virtus Construction Ltd
£262.3k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (30 days)
- Virtus Construction Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 126 days, this is slower than average (31 days)
- Virtus Construction Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Virtus Construction Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Virtus Construction Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 134.8%, this is a higher level of debt than the average (75.4%)
134.8% - Virtus Construction Ltd
75.4% - Industry AVG
VIRTUS CONSTRUCTION LTD financials
Virtus Construction Ltd's latest turnover from December 2020 is estimated at £754.5 thousand and the company has net assets of -£73.7 thousand. According to their latest financial statements, Virtus Construction Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 2 | 3 | 3 | 3 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 12,883 | 58,297 | 82,523 | 98,815 | 76,856 | 57,506 | 35,655 | 43,436 | 23,207 | 49,236 | 27,213 | 33,738 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 12,883 | 58,297 | 82,523 | 98,815 | 76,856 | 57,506 | 35,655 | 43,436 | 23,207 | 49,236 | 27,213 | 33,738 |
| Stock & work in progress | 17,150 | 300 | ||||||||||
| Trade Debtors | 198,694 | 114,670 | 138,040 | 82,028 | 57,038 | 41,905 | 55,150 | 79,702 | 125,491 | 90,179 | 115,535 | 61,463 |
| Group Debtors | ||||||||||||
| Misc Debtors | 40,616 | 29,694 | 18,125 | 2,771 | 1,347 | |||||||
| Cash | 20,993 | 79,348 | 99,883 | 31,888 | 58,490 | 13,321 | 24,948 | 11,932 | 13,872 | |||
| misc current assets | ||||||||||||
| total current assets | 198,694 | 114,670 | 138,040 | 160,787 | 166,080 | 159,913 | 89,809 | 139,539 | 138,812 | 115,127 | 127,467 | 75,635 |
| total assets | 211,577 | 172,967 | 220,563 | 259,602 | 242,936 | 217,419 | 125,464 | 182,975 | 162,019 | 164,363 | 154,680 | 109,373 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 236,188 | 209,844 | 96,968 | 67,451 | 31,726 | 36,491 | 47,128 | 92,601 | 99,395 | 92,495 | 68,966 | 42,357 |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | 17,184 | 11,023 | 7,488 | |||||||||
| other current liabilities | 43,172 | 38,294 | 35,877 | |||||||||
| total current liabilities | 236,188 | 209,844 | 96,968 | 127,807 | 81,043 | 79,856 | 47,128 | 92,601 | 99,395 | 92,495 | 68,966 | 42,357 |
| loans | ||||||||||||
| hp & lease commitments | 17,309 | 11,828 | 13,390 | |||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 49,113 | 4,002 | 8,352 | 901 | 8,031 | 8,893 | 12,856 | |||||
| provisions | ||||||||||||
| total long term liabilities | 49,113 | 4,002 | 8,352 | 17,309 | 11,828 | 13,390 | 901 | 8,031 | 8,893 | 12,856 | ||
| total liabilities | 285,301 | 213,846 | 105,320 | 145,116 | 92,871 | 93,246 | 48,029 | 100,632 | 108,288 | 105,351 | 68,966 | 42,357 |
| net assets | -73,724 | -40,879 | 115,243 | 114,486 | 150,065 | 124,173 | 77,435 | 82,343 | 53,731 | 59,012 | 85,714 | 67,016 |
| total shareholders funds | -73,724 | -40,879 | 115,243 | 114,486 | 150,065 | 124,173 | 77,435 | 82,343 | 53,731 | 59,012 | 85,714 | 67,016 |
| 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 | ||||||||||||
| Depreciation | 1,883 | 1,815 | 12,124 | 7,345 | 9,126 | 4,422 | 4,377 | 6,128 | 7,750 | |||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | -17,150 | 17,150 | -300 | 300 | ||||||||
| Debtors | 84,024 | -23,370 | 15,396 | 35,912 | 26,702 | 2,109 | -23,128 | -44,442 | 35,312 | -25,356 | 54,072 | 61,463 |
| Creditors | 26,344 | 112,876 | 29,517 | 35,725 | -4,765 | -10,637 | -45,473 | -6,794 | 6,900 | 23,529 | 26,609 | 42,357 |
| Accruals and Deferred Income | -43,172 | 4,878 | 2,417 | 35,877 | ||||||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | -34,493 | 11,642 | 1,973 | 20,878 | ||||||||
| other long term liabilities | 45,111 | -4,350 | 8,352 | -901 | -7,130 | -862 | -3,963 | 12,856 | ||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -20,993 | -58,355 | -20,535 | 67,995 | -26,602 | 45,169 | -11,627 | 13,016 | -1,940 | 13,872 | ||
| overdraft | ||||||||||||
| change in cash | -20,993 | -58,355 | -20,535 | 67,995 | -26,602 | 45,169 | -11,627 | 13,016 | -1,940 | 13,872 |
virtus construction ltd Credit Report and Business Information
Virtus Construction Ltd Competitor Analysis
Perform a competitor analysis for virtus construction ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in BS1 area or any other competitors across 12 key performance metrics.
virtus construction ltd Ownership
VIRTUS CONSTRUCTION LTD group structure
Virtus Construction Ltd has no subsidiary companies.
Ultimate parent company
VIRTUS CONSTRUCTION LTD
06450040
virtus construction ltd directors
Virtus Construction Ltd currently has 1 director, Mr Gareth Williams serving since Dec 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Williams | 55 years | Dec 2007 | - | Director |
P&L
December 2020turnover
754.5k
+26%
operating profit
-32.8k
0%
gross margin
9.8%
-6.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
-73.7k
+0.8%
total assets
211.6k
+0.22%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
virtus construction ltd company details
company number
06450040
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
December 2007
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2020
previous names
N/A
accountant
-
auditor
-
address
c/o begbies traynor 3rd floor ca, lower castle street, bristol, BS1 3AG
Bank
-
Legal Advisor
-
virtus construction ltd 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 virtus construction ltd.
virtus construction ltd 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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virtus construction ltd Companies House Filings - See Documents
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