virtual first ltd
virtual first ltd Company Information
Company Number
10118234
Next Accounts
Feb 2025
Industry
Other telecommunications activities
Directors
Shareholders
lifia ltd
Group Structure
View All
Contact
Registered Address
3a vision house dee road, richmond, surrey, TW9 2JN
Website
www.cloud-talk.co.ukvirtual first ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUAL FIRST LTD at £22.4k based on a Turnover of £28.4k and 0.79x industry multiple (adjusted for size and gross margin).
virtual first ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUAL FIRST LTD at £7.5k based on an EBITDA of £2.1k and a 3.55x industry multiple (adjusted for size and gross margin).
virtual first ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUAL FIRST LTD at £0 based on Net Assets of £-341.2k and 2.53x industry multiple (adjusted for liquidity).
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Virtual First Ltd Overview
Virtual First Ltd is a live company located in surrey, TW9 2JN with a Companies House number of 10118234. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in April 2016, it's largest shareholder is lifia ltd with a 100% stake. Virtual First Ltd is a young, micro sized company, Pomanda has estimated its turnover at £28.4k with declining growth in recent years.
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Virtual First Ltd Health Check
Pomanda's financial health check has awarded Virtual First Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £28.4k, make it smaller than the average company (£12.1m)
- Virtual First Ltd
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -68%, show it is growing at a slower rate (3.8%)
- Virtual First Ltd
3.8% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
- Virtual First Ltd
38.1% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (4.1%)
- Virtual First Ltd
4.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (48)
- Virtual First Ltd
48 - Industry AVG
Pay Structure
on an average salary of £61.1k, the company has an equivalent pay structure (£61.1k)
- Virtual First Ltd
£61.1k - Industry AVG
Efficiency
resulting in sales per employee of £28.4k, this is less efficient (£227k)
- Virtual First Ltd
£227k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (41 days)
- Virtual First Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 290 days, this is slower than average (44 days)
- Virtual First Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Virtual First Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (10 weeks)
1 weeks - Virtual First Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1329.8%, this is a higher level of debt than the average (65.9%)
1329.8% - Virtual First Ltd
65.9% - Industry AVG
VIRTUAL FIRST LTD financials
Virtual First Ltd's latest turnover from May 2023 is estimated at £28.4 thousand and the company has net assets of -£341.2 thousand. According to their latest financial statements, we estimate that Virtual First Ltd has 1 employee and maintains cash reserves of £10.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 5 | 8 | 6 | 6 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,532 | 6,004 | 13,648 | 13,628 | 21,078 | 21,639 | 2,881 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,532 | 6,004 | 13,648 | 13,628 | 21,078 | 21,639 | 2,881 |
| Stock & work in progress | 0 | 57 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 678 | 28,634 | 5,819 | 77,075 | 41,776 | 21,501 | 7,204 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,677 | 20,480 | 47,413 | 12,337 | 20,556 | 1,850 | 0 |
| Cash | 10,856 | 8,327 | 9,097 | 0 | 0 | 66,401 | 4,591 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,211 | 57,498 | 62,329 | 89,412 | 62,332 | 89,752 | 11,795 |
| total assets | 27,743 | 63,502 | 75,977 | 103,040 | 83,410 | 111,391 | 14,676 |
| Bank overdraft | 14,365 | 16,876 | 14,661 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 13,997 | 48,449 | 13,884 | 134,527 | 137,953 | 3,808 | 7,692 |
| Group/Directors Accounts | 258,985 | 217,500 | 100,195 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 107,500 | 45,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 56,827 | 81,722 | 43,722 | 0 | 0 | 18,922 | 2,917 |
| total current liabilities | 344,174 | 364,547 | 172,462 | 134,527 | 137,953 | 130,230 | 55,609 |
| loans | 24,258 | 33,383 | 40,833 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 5,279 | 4,419 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 481 | 1,141 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 24,739 | 34,524 | 40,833 | 5,279 | 4,419 | 0 | 0 |
| total liabilities | 368,913 | 399,071 | 213,295 | 139,806 | 142,372 | 130,230 | 55,609 |
| net assets | -341,170 | -335,569 | -137,318 | -36,766 | -58,962 | -18,839 | -40,933 |
| total shareholders funds | -341,170 | -335,569 | -137,318 | -36,766 | -58,962 | -18,839 | -40,933 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 3,472 | 7,378 | 0 | 2,981 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||
| Stock | -57 | 57 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -34,759 | -4,118 | -36,180 | 27,080 | 38,981 | 16,147 | 7,204 |
| Creditors | -34,452 | 34,565 | -120,643 | -3,426 | 134,145 | -3,884 | 7,692 |
| Accruals and Deferred Income | -24,895 | 38,000 | 38,443 | 860 | -14,503 | 16,005 | 2,917 |
| Deferred Taxes & Provisions | -660 | 1,141 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 41,485 | 117,305 | 100,195 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -107,500 | 62,500 | 45,000 |
| Long term loans | -9,125 | -7,450 | 40,833 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 2,529 | -770 | 9,097 | 0 | -66,401 | 61,810 | 4,591 |
| overdraft | -2,511 | 2,215 | 14,661 | 0 | 0 | 0 | 0 |
| change in cash | 5,040 | -2,985 | -5,564 | 0 | -66,401 | 61,810 | 4,591 |
virtual first ltd Credit Report and Business Information
Virtual First Ltd Competitor Analysis
Perform a competitor analysis for virtual first ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in TW9 area or any other competitors across 12 key performance metrics.
virtual first ltd Ownership
VIRTUAL FIRST LTD group structure
Virtual First Ltd has no subsidiary companies.
virtual first ltd directors
Virtual First Ltd currently has 1 director, Mr Paul Murphy serving since Apr 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Murphy | United Kingdom | 45 years | Apr 2016 | - | Director |
P&L
May 2023turnover
28.4k
-94%
operating profit
-1.4k
0%
gross margin
38.1%
+4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-341.2k
+0.02%
total assets
27.7k
-0.56%
cash
10.9k
+0.3%
net assets
Total assets minus all liabilities
Similar Companies
virtual first ltd company details
company number
10118234
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
cloudtalk communications ltd (October 2021)
call2go limited (April 2016)
accountant
-
auditor
-
address
3a vision house dee road, richmond, surrey, TW9 2JN
Bank
-
Legal Advisor
-
virtual first 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 first ltd.
virtual first 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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virtual first ltd Companies House Filings - See Documents
| date | description | view/download |
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