virtigon ltd
virtigon ltd Company Information
Company Number
10759175
Next Accounts
Dec 2025
Shareholders
metsi group limited
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
184 shepherds bush road, london, W6 7NL
Website
virtigon.comvirtigon ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTIGON LTD at £193k based on a Turnover of £277.2k and 0.7x industry multiple (adjusted for size and gross margin).
virtigon ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTIGON LTD at £78.9k based on an EBITDA of £16.3k and a 4.83x industry multiple (adjusted for size and gross margin).
virtigon ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTIGON LTD at £0 based on Net Assets of £-76.3k and 2.29x industry multiple (adjusted for liquidity).
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Virtigon Ltd Overview
Virtigon Ltd is a live company located in london, W6 7NL with a Companies House number of 10759175. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2017, it's largest shareholder is metsi group limited with a 100% stake. Virtigon Ltd is a young, micro sized company, Pomanda has estimated its turnover at £277.2k with declining growth in recent years.
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Virtigon Ltd Health Check
Pomanda's financial health check has awarded Virtigon Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £277.2k, make it smaller than the average company (£1.3m)
- Virtigon Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (9.5%)
- Virtigon Ltd
9.5% - Industry AVG
Production
with a gross margin of 43.9%, this company has a comparable cost of product (43.9%)
- Virtigon Ltd
43.9% - Industry AVG
Profitability
an operating margin of 5.4% make it as profitable than the average company (6.1%)
- Virtigon Ltd
6.1% - Industry AVG
Employees
with 7 employees, this is below the industry average (12)
7 - Virtigon Ltd
12 - Industry AVG
Pay Structure
on an average salary of £58.7k, the company has an equivalent pay structure (£58.7k)
- Virtigon Ltd
£58.7k - Industry AVG
Efficiency
resulting in sales per employee of £39.6k, this is less efficient (£130.2k)
- Virtigon Ltd
£130.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (62 days)
- Virtigon Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (27 days)
- Virtigon Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Virtigon Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (18 weeks)
4 weeks - Virtigon Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1376.3%, this is a higher level of debt than the average (54.9%)
1376.3% - Virtigon Ltd
54.9% - Industry AVG
VIRTIGON LTD financials
Virtigon Ltd's latest turnover from March 2024 is estimated at £277.2 thousand and the company has net assets of -£76.3 thousand. According to their latest financial statements, Virtigon Ltd has 7 employees and maintains cash reserves of £3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 7 | 10 | 12 | 12 | 6 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,524 | 2,889 | 3,556 | 4,021 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 25,472 | 25,472 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 36,850 | 0 | 0 | 0 |
| Total Fixed Assets | 2,524 | 2,889 | 29,028 | 66,343 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 470 | 105,435 | 65,284 | 111,605 | 37,710 | 27,660 | 360 |
| Group Debtors | 0 | 0 | 71,363 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 4,264 | 550 | 9,837 | 16,464 | 1 |
| Cash | 2,985 | 60,750 | 18,706 | 143,651 | 86,906 | 25,496 | 97 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,455 | 166,185 | 159,617 | 255,806 | 134,453 | 69,620 | 458 |
| total assets | 5,979 | 169,074 | 188,645 | 322,149 | 134,453 | 69,620 | 458 |
| Bank overdraft | 0 | 0 | 10,000 | 10,000 | 0 | 0 | 0 |
| Bank loan | 4,738 | 10,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,080 | 10,515 | 1,467 | 1,918 | 398 | 5,346 | 0 |
| Group/Directors Accounts | 11,843 | 106,236 | 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 | 16,186 | 64,225 | 120,797 | 133,108 | 32,907 | 28,687 | 148 |
| total current liabilities | 33,847 | 190,976 | 132,264 | 145,026 | 33,305 | 34,033 | 148 |
| loans | 0 | 4,500 | 12,000 | 21,999 | 50,000 | 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 | 47,961 | 60,965 | 37,785 | 0 | 0 | 0 | 0 |
| provisions | 480 | 676 | 676 | 764 | 0 | 0 | 0 |
| total long term liabilities | 48,441 | 66,141 | 50,461 | 22,763 | 50,000 | 0 | 0 |
| total liabilities | 82,288 | 257,117 | 182,725 | 167,789 | 83,305 | 34,033 | 148 |
| net assets | -76,309 | -88,043 | 5,920 | 154,360 | 51,148 | 35,587 | 310 |
| total shareholders funds | -76,309 | -88,043 | 5,920 | 154,360 | 51,148 | 35,587 | 310 |
| Mar 2024 | Mar 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,262 | 667 | 1,185 | 789 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -104,965 | -35,476 | -8,094 | 101,458 | 3,423 | 43,763 | 361 |
| Creditors | -9,435 | 9,048 | -451 | 1,520 | -4,948 | 5,346 | 0 |
| Accruals and Deferred Income | -48,039 | -56,572 | -12,311 | 100,201 | 4,220 | 28,539 | 148 |
| Deferred Taxes & Provisions | -196 | 0 | -88 | 764 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | -25,472 | 0 | 25,472 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | -5,262 | 10,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -94,393 | 106,236 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -4,500 | -7,500 | -9,999 | -28,001 | 50,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -13,004 | 23,180 | 37,785 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -57,765 | 42,044 | -124,945 | 56,745 | 61,410 | 25,399 | 97 |
| overdraft | 0 | -10,000 | 0 | 10,000 | 0 | 0 | 0 |
| change in cash | -57,765 | 52,044 | -124,945 | 46,745 | 61,410 | 25,399 | 97 |
virtigon ltd Credit Report and Business Information
Virtigon Ltd Competitor Analysis
Perform a competitor analysis for virtigon ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in W 6 area or any other competitors across 12 key performance metrics.
virtigon ltd Ownership
VIRTIGON LTD group structure
Virtigon Ltd has no subsidiary companies.
virtigon ltd directors
Virtigon Ltd currently has 3 directors. The longest serving directors include Mr Ghufran Shah (Jun 2024) and Mr Paul Thompson (Sep 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ghufran Shah | England | 52 years | Jun 2024 | - | Director |
| Mr Paul Thompson | England | 63 years | Sep 2024 | - | Director |
| Mr Michael Hillewaert | England | 57 years | Sep 2024 | - | Director |
P&L
March 2024turnover
277.2k
-60%
operating profit
15.1k
0%
gross margin
44%
-7.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-76.3k
-0.13%
total assets
6k
-0.96%
cash
3k
-0.95%
net assets
Total assets minus all liabilities
virtigon ltd company details
company number
10759175
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
M AHMED & CO
auditor
-
address
184 shepherds bush road, london, W6 7NL
Bank
-
Legal Advisor
-
virtigon 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 virtigon ltd.
virtigon 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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virtigon ltd Companies House Filings - See Documents
| date | description | view/download |
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