virtual xone ltd
virtual xone ltd Company Information
Company Number
09342893
Website
www.virtualxone.comRegistered Address
19 primrose lane, broughton, milton keynes, MK10 7AX
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
muhammad qasim 50%
noor ul ain 50%
virtual xone ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUAL XONE LTD at £22k based on a Turnover of £35.4k and 0.62x industry multiple (adjusted for size and gross margin).
virtual xone ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUAL XONE LTD at £8.3k based on an EBITDA of £2k and a 4.1x industry multiple (adjusted for size and gross margin).
virtual xone ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUAL XONE LTD at £6.2k based on Net Assets of £2.6k and 2.37x industry multiple (adjusted for liquidity).
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Virtual Xone Ltd Overview
Virtual Xone Ltd is a live company located in milton keynes, MK10 7AX with a Companies House number of 09342893. It operates in the business and domestic software development sector, SIC Code 62012. Founded in December 2014, it's largest shareholder is muhammad qasim with a 50% stake. Virtual Xone Ltd is a established, micro sized company, Pomanda has estimated its turnover at £35.4k with declining growth in recent years.
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Virtual Xone Ltd Health Check
Pomanda's financial health check has awarded Virtual Xone Ltd 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
1 Regular
6 Weak
Size
annual sales of £35.4k, make it smaller than the average company (£4.4m)
- Virtual Xone Ltd
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (10.2%)
- Virtual Xone Ltd
10.2% - Industry AVG
Production
with a gross margin of 42.5%, this company has a higher cost of product (72.1%)
- Virtual Xone Ltd
72.1% - Industry AVG
Profitability
an operating margin of 5.7% make it more profitable than the average company (3.7%)
- Virtual Xone Ltd
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (38)
1 - Virtual Xone Ltd
38 - Industry AVG
Pay Structure
on an average salary of £70.8k, the company has an equivalent pay structure (£70.8k)
- Virtual Xone Ltd
£70.8k - Industry AVG
Efficiency
resulting in sales per employee of £35.4k, this is less efficient (£120.6k)
- Virtual Xone Ltd
£120.6k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (57 days)
- Virtual Xone Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (39 days)
- Virtual Xone Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Virtual Xone Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Virtual Xone Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.4%, this is a lower level of debt than the average (61.4%)
39.4% - Virtual Xone Ltd
61.4% - Industry AVG
VIRTUAL XONE LTD financials
Virtual Xone Ltd's latest turnover from December 2023 is estimated at £35.4 thousand and the company has net assets of £2.6 thousand. According to their latest financial statements, Virtual Xone Ltd has 1 employee and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,864 | 23,766 | 37,491 | 25,815 | 28,672 | 25,758 | 31,490 | 30,817 | |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | -248 | -465 | 1,506 | 2,710 | 2,538 | -4,739 | 489 | -683 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | -248 | -465 | 1,506 | 2,710 | 2,538 | -4,739 | 489 | -683 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -248 | -465 | 1,506 | 2,710 | 2,538 | -4,739 | 489 | -683 | |
| Employee Costs | 3,260 | 5,000 | 11,419 | 12,834 | 8,950 | 8,570 | 5,400 | 5,000 | |
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 1,666 | 1,970 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 1,666 | 1,970 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,217 | 452 | 700 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 2,363 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,113 | 2,363 | 2,363 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,330 | 2,815 | 3,063 | 2,363 | 0 | 0 | 0 | 0 | 0 |
| total assets | 4,330 | 2,815 | 3,063 | 4,029 | 1,970 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,705 | 1,704 | 1,704 | 1,704 | 0 | 0 | 4,739 | 94 | 583 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,705 | 1,704 | 1,704 | 1,704 | 0 | 0 | 4,739 | 94 | 583 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 1,152 | 2,200 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 1,152 | 2,200 | 0 | 0 | 0 |
| total liabilities | 1,705 | 1,704 | 1,704 | 1,704 | 1,152 | 2,200 | 4,739 | 94 | 583 |
| net assets | 2,625 | 1,111 | 1,359 | 2,325 | 818 | -2,200 | -4,739 | -94 | -583 |
| total shareholders funds | 2,625 | 1,111 | 1,359 | 2,325 | 818 | -2,200 | -4,739 | -94 | -583 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,515 | -248 | 700 | 2,363 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 1 | 0 | 0 | 1,704 | 0 | -4,739 | 4,645 | -489 | 583 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -1,152 | -1,048 | 2,200 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 0 | -501 | -1,151 | -740 | 2,201 | 94 | 0 | 100 | |
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
virtual xone ltd Credit Report and Business Information
Virtual Xone Ltd Competitor Analysis
Perform a competitor analysis for virtual xone ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in MK10 area or any other competitors across 12 key performance metrics.
virtual xone ltd Ownership
VIRTUAL XONE LTD group structure
Virtual Xone Ltd has no subsidiary companies.
Ultimate parent company
VIRTUAL XONE LTD
09342893
virtual xone ltd directors
Virtual Xone Ltd currently has 2 directors. The longest serving directors include Mr Muhammad Qasim (Dec 2014) and Mrs Noor Ain (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Muhammad Qasim | England | 41 years | Dec 2014 | - | Director |
| Mrs Noor Ain | England | 34 years | May 2015 | - | Director |
P&L
December 2023turnover
35.4k
+55%
operating profit
2k
0%
gross margin
42.6%
+0.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.6k
+1.36%
total assets
4.3k
+0.54%
cash
0
0%
net assets
Total assets minus all liabilities
virtual xone ltd company details
company number
09342893
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
December 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
19 primrose lane, broughton, milton keynes, MK10 7AX
Bank
-
Legal Advisor
-
virtual xone 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 virtual xone ltd.
virtual xone ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
