virtus traffic management solutions ltd
virtus traffic management solutions ltd Company Information
Company Number
07644316
Next Accounts
Apr 2026
Shareholders
hw martin holdings limited
Group Structure
View All
Industry
Other transportation support activities
Registered Address
fordbridge lane blackwell, alfreton, derbyshire, DE55 5JY
Website
www.virtusltd.comvirtus traffic management solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUS TRAFFIC MANAGEMENT SOLUTIONS LTD at £4.7m based on a Turnover of £5.9m and 0.8x industry multiple (adjusted for size and gross margin).
virtus traffic management solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUS TRAFFIC MANAGEMENT SOLUTIONS LTD at £3.7m based on an EBITDA of £613.7k and a 5.97x industry multiple (adjusted for size and gross margin).
virtus traffic management solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUS TRAFFIC MANAGEMENT SOLUTIONS LTD at £4.1m based on Net Assets of £1.8m and 2.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Virtus Traffic Management Solutions Ltd Overview
Virtus Traffic Management Solutions Ltd is a live company located in derbyshire, DE55 5JY with a Companies House number of 07644316. It operates in the other transportation support activities sector, SIC Code 52290. Founded in May 2011, it's largest shareholder is hw martin holdings limited with a 100% stake. Virtus Traffic Management Solutions Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.9m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Virtus Traffic Management Solutions Ltd Health Check
Pomanda's financial health check has awarded Virtus Traffic Management Solutions Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £5.9m, make it smaller than the average company (£10.6m)
£5.9m - Virtus Traffic Management Solutions Ltd
£10.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (12.3%)
- Virtus Traffic Management Solutions Ltd
12.3% - Industry AVG
Production
with a gross margin of 44.5%, this company has a lower cost of product (25.3%)
44.5% - Virtus Traffic Management Solutions Ltd
25.3% - Industry AVG
Profitability
an operating margin of 9.2% make it more profitable than the average company (5.1%)
9.2% - Virtus Traffic Management Solutions Ltd
5.1% - Industry AVG
Employees
with 24 employees, this is below the industry average (44)
24 - Virtus Traffic Management Solutions Ltd
44 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Virtus Traffic Management Solutions Ltd
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £243.8k, this is equally as efficient (£239k)
£243.8k - Virtus Traffic Management Solutions Ltd
£239k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (47 days)
19 days - Virtus Traffic Management Solutions Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (35 days)
20 days - Virtus Traffic Management Solutions Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Virtus Traffic Management Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 143 weeks, this is more cash available to meet short term requirements (18 weeks)
143 weeks - Virtus Traffic Management Solutions Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.2%, this is a lower level of debt than the average (59.1%)
23.2% - Virtus Traffic Management Solutions Ltd
59.1% - Industry AVG
VIRTUS TRAFFIC MANAGEMENT SOLUTIONS LTD financials
Virtus Traffic Management Solutions Ltd's latest turnover from July 2024 is £5.9 million and the company has net assets of £1.8 million. According to their latest financial statements, Virtus Traffic Management Solutions Ltd has 24 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Sep 2022 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,851,263 | 5,570,451 | 2,567,590 | |||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 3,247,687 | 3,330,002 | 1,503,265 | |||||||||||
| Gross Profit | 2,603,576 | 2,240,449 | 1,064,325 | |||||||||||
| Admin Expenses | 2,066,192 | 1,864,129 | ||||||||||||
| Operating Profit | 537,384 | 376,320 | ||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 537,384 | 376,320 | 384,167 | |||||||||||
| Tax | -124,207 | -3,073 | -73,326 | |||||||||||
| Profit After Tax | 413,177 | 373,247 | 310,841 | |||||||||||
| Dividends Paid | 96,000 | |||||||||||||
| Retained Profit | 413,177 | 373,247 | 214,841 | |||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 24 | 26 | 30 | 28 | 21 | 18 | 15 | 15 | 14 | 12 | ||||
| EBITDA* | 613,699 | 441,212 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Sep 2022 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 84,464 | 156,383 | 37,091 | 43,054 | 60,503 | 68,077 | 103,448 | 85,677 | 86,863 | 59,618 | 37,235 | 12,354 | 23,590 | 21,022 |
| Intangible Assets | 225 | 583 | 941 | 1,298 | ||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 70,377 | 20,000 | ||||||||||||
| Total Fixed Assets | 84,464 | 156,383 | 37,091 | 43,054 | 60,503 | 68,077 | 103,673 | 86,260 | 87,804 | 60,916 | 37,235 | 82,731 | 43,590 | 21,022 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 319,461 | 539,523 | 1,110,514 | 838,631 | 583,613 | 499,421 | 459,877 | 510,932 | 397,803 | 401,699 | 306,480 | 272,528 | 117,101 | 100,607 |
| Group Debtors | 336,540 | 262,426 | 40,000 | 102,000 | 271,000 | 45,000 | ||||||||
| Misc Debtors | 74,731 | 60,923 | 22,580 | 53,959 | 47,013 | 42,711 | 91,816 | 113,872 | 110,545 | 131,288 | ||||
| Cash | 1,467,961 | 795,087 | 247,303 | 93,263 | 306,245 | 114,686 | 73,745 | 141,223 | 260,363 | 70,242 | 119,936 | 87,647 | 50,111 | |
| misc current assets | 29,466 | |||||||||||||
| total current assets | 2,198,693 | 1,657,959 | 1,420,397 | 1,087,853 | 1,207,871 | 701,818 | 625,438 | 766,027 | 768,711 | 603,229 | 426,416 | 360,175 | 167,212 | 130,073 |
| total assets | 2,283,157 | 1,814,342 | 1,457,488 | 1,130,907 | 1,268,374 | 769,895 | 729,111 | 852,287 | 856,515 | 664,145 | 463,651 | 442,906 | 210,802 | 151,095 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 186,489 | 191,528 | 259,291 | 85,874 | 132,844 | 96,939 | 46,938 | 58,685 | 79,776 | 80,833 | 216,646 | 228,344 | 119,511 | 88,388 |
| Group/Directors Accounts | 10,897 | 1,604 | ||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 5,064 | 56,640 | ||||||||||||
| other current liabilities | 327,807 | 212,501 | 222,448 | 282,634 | 303,171 | 328,180 | 236,253 | 203,089 | 218,252 | 224,193 | ||||
| total current liabilities | 530,257 | 462,273 | 481,739 | 368,508 | 436,015 | 425,119 | 283,191 | 261,774 | 298,028 | 305,026 | 216,646 | 228,344 | 119,511 | 88,388 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 6,678 | 36,143 | 27,037 | |||||||||||
| provisions | 12,346 | 9,273 | 10,764 | 11,496 | 12,935 | 19,655 | 16,279 | 16,504 | 11,924 | 7,447 | 2,471 | 4,718 | 4,204 | |
| total long term liabilities | 12,346 | 9,273 | 10,764 | 11,496 | 19,613 | 55,798 | 43,316 | 16,504 | 11,924 | 7,447 | 2,471 | 4,718 | 4,204 | |
| total liabilities | 530,257 | 474,619 | 491,012 | 379,272 | 447,511 | 444,732 | 338,989 | 305,090 | 314,532 | 316,950 | 224,093 | 230,815 | 124,229 | 92,592 |
| net assets | 1,752,900 | 1,339,723 | 966,476 | 751,635 | 820,863 | 325,163 | 390,122 | 547,197 | 541,983 | 347,195 | 239,558 | 212,091 | 86,573 | 58,503 |
| total shareholders funds | 1,752,900 | 1,339,723 | 966,476 | 751,635 | 820,863 | 325,163 | 390,122 | 547,197 | 541,983 | 347,195 | 239,558 | 212,091 | 86,573 | 58,503 |
| Jul 2024 | Jul 2023 | Sep 2022 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 537,384 | 376,320 | ||||||||||||
| Depreciation | 76,315 | 64,892 | 7,979 | 38,404 | 47,678 | 48,807 | 54,903 | 48,628 | 30,895 | 19,872 | 12,333 | 15,336 | 10,144 | 10,358 |
| Amortisation | 225 | 358 | 358 | 357 | 134 | |||||||||
| Tax | -124,207 | -3,073 | -73,326 | |||||||||||
| Stock | ||||||||||||||
| Debtors | -132,140 | -310,222 | 271,468 | 92,964 | 314,494 | 35,439 | -73,111 | 116,456 | -24,639 | 226,507 | -36,425 | 205,804 | 36,494 | 100,607 |
| Creditors | -5,039 | -67,763 | 126,447 | -46,970 | 35,905 | 50,001 | -11,747 | -21,091 | -1,057 | -135,813 | -11,698 | 108,833 | 31,123 | 88,388 |
| Accruals and Deferred Income | 115,306 | -9,947 | -80,723 | -20,537 | -25,009 | 91,927 | 33,164 | -15,163 | -5,941 | 224,193 | ||||
| Deferred Taxes & Provisions | -12,346 | 3,073 | -2,223 | -732 | -1,439 | -6,720 | 3,376 | -225 | 4,580 | 4,477 | 4,976 | -2,247 | 514 | 4,204 |
| Cash flow from operations | 719,553 | 673,724 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 9,293 | 1,604 | ||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | -51,576 | 56,640 | ||||||||||||
| other long term liabilities | -6,678 | -29,465 | 9,106 | 27,037 | ||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | -42,283 | 58,244 | -69,228 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 672,874 | 547,784 | -58,942 | -212,982 | 191,559 | 40,941 | -67,478 | -119,140 | 190,121 | -49,694 | 32,289 | 37,536 | 50,111 | |
| overdraft | ||||||||||||||
| change in cash | 672,874 | 547,784 | -58,942 | -212,982 | 191,559 | 40,941 | -67,478 | -119,140 | 190,121 | -49,694 | 32,289 | 37,536 | 50,111 |
virtus traffic management solutions ltd Credit Report and Business Information
Virtus Traffic Management Solutions Ltd Competitor Analysis
Perform a competitor analysis for virtus traffic management solutions ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in DE55 area or any other competitors across 12 key performance metrics.
virtus traffic management solutions ltd Ownership
VIRTUS TRAFFIC MANAGEMENT SOLUTIONS LTD group structure
Virtus Traffic Management Solutions Ltd has no subsidiary companies.
Ultimate parent company
1 parent
VIRTUS TRAFFIC MANAGEMENT SOLUTIONS LTD
07644316
virtus traffic management solutions ltd directors
Virtus Traffic Management Solutions Ltd currently has 5 directors. The longest serving directors include Mr Paul Spreadbury (May 2011) and Mr Kevin Martin (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Spreadbury | England | 47 years | May 2011 | - | Director |
| Mr Kevin Martin | England | 64 years | Sep 2022 | - | Director |
| Mr David Shaw | 49 years | Sep 2022 | - | Director | |
| Mrs Marie Walters | 45 years | Sep 2022 | - | Director | |
| Mr Robin Akers | 49 years | Jan 2024 | - | Director |
P&L
July 2024turnover
5.9m
+5%
operating profit
537.4k
+43%
gross margin
44.5%
+10.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
1.8m
+0.31%
total assets
2.3m
+0.26%
cash
1.5m
+0.85%
net assets
Total assets minus all liabilities
virtus traffic management solutions ltd company details
company number
07644316
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
incorporation date
May 2011
age
14
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
July 2024
previous names
N/A
accountant
-
auditor
-
address
fordbridge lane blackwell, alfreton, derbyshire, DE55 5JY
Bank
-
Legal Advisor
-
virtus traffic management solutions 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 found 1 charges/mortgages relating to virtus traffic management solutions ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
virtus traffic management solutions 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.
Click to start generating capital raising & share issue transactions for VIRTUS TRAFFIC MANAGEMENT SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
virtus traffic management solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
