virtual companies ltd
virtual companies ltd Company Information
Company Number
10505956
Next Accounts
Sep 2025
Industry
Other business support service activities n.e.c.
Directors
Shareholders
edward owusu ansah
anthony owusu-ansah
Group Structure
View All
Contact
Registered Address
park view house, 59 thornhill road, birmingham, west midlands, B74 3EN
Website
-virtual companies ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUAL COMPANIES LTD at £2.7k based on a Turnover of £7.2k and 0.38x industry multiple (adjusted for size and gross margin).
virtual companies ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUAL COMPANIES LTD at £2.4k based on an EBITDA of £837 and a 2.81x industry multiple (adjusted for size and gross margin).
virtual companies ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUAL COMPANIES LTD at £1.7k based on Net Assets of £728 and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Virtual Companies Ltd Overview
Virtual Companies Ltd is a live company located in birmingham, B74 3EN with a Companies House number of 10505956. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2016, it's largest shareholder is edward owusu ansah with a 75% stake. Virtual Companies Ltd is a young, micro sized company, Pomanda has estimated its turnover at £7.2k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Virtual Companies Ltd Health Check
Pomanda's financial health check has awarded Virtual Companies Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £7.2k, make it smaller than the average company (£4.7m)
- Virtual Companies Ltd
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 154%, show it is growing at a faster rate (6.6%)
- Virtual Companies Ltd
6.6% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (38.2%)
- Virtual Companies Ltd
38.2% - Industry AVG
Profitability
an operating margin of 11.6% make it more profitable than the average company (5.7%)
- Virtual Companies Ltd
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
- Virtual Companies Ltd
26 - Industry AVG
Pay Structure
on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)
- Virtual Companies Ltd
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £7.2k, this is less efficient (£170.6k)
- Virtual Companies Ltd
£170.6k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (41 days)
- Virtual Companies Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (31 days)
- Virtual Companies Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Virtual Companies Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Virtual Companies Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.8%, this is a similar level of debt than the average (62.3%)
64.8% - Virtual Companies Ltd
62.3% - Industry AVG
VIRTUAL COMPANIES LTD financials
Virtual Companies Ltd's latest turnover from December 2023 is estimated at £7.2 thousand and the company has net assets of £728. According to their latest financial statements, we estimate that Virtual Companies 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 | |
|---|---|---|---|---|---|---|---|
| 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,065 | 100 | 100 | 100 | 100 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 100 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,065 | 100 | 100 | 100 | 100 | 100 | 100 |
| total assets | 2,065 | 100 | 100 | 100 | 100 | 100 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,337 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,337 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,337 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 728 | 100 | 100 | 100 | 100 | 100 | 100 |
| total shareholders funds | 728 | 100 | 100 | 100 | 100 | 100 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,965 | 0 | 0 | 0 | 100 | 0 | 0 |
| Creditors | 1,337 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | -100 | 0 | 100 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -100 | 0 | 100 |
virtual companies ltd Credit Report and Business Information
Virtual Companies Ltd Competitor Analysis
Perform a competitor analysis for virtual companies ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B74 area or any other competitors across 12 key performance metrics.
virtual companies ltd Ownership
VIRTUAL COMPANIES LTD group structure
Virtual Companies Ltd has no subsidiary companies.
Ultimate parent company
VIRTUAL COMPANIES LTD
10505956
virtual companies ltd directors
Virtual Companies Ltd currently has 1 director, Mr Edward Owusu Ansah serving since Dec 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Owusu Ansah | England | 34 years | Dec 2016 | - | Director |
P&L
December 2023turnover
7.2k
+1559%
operating profit
837.3
0%
gross margin
17%
-1.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
728
+6.28%
total assets
2.1k
+19.65%
cash
0
0%
net assets
Total assets minus all liabilities
virtual companies ltd company details
company number
10505956
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
park view house, 59 thornhill road, birmingham, west midlands, B74 3EN
Bank
-
Legal Advisor
-
virtual companies 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 companies ltd.
virtual companies 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 VIRTUAL COMPANIES LTD. This can take several minutes, an email will notify you when this has completed.
virtual companies ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
