virtue movement co. ltd
virtue movement co. ltd Company Information
Group Structure
View All
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Registered Address
7 sterling way, reading, RG30 6HW
Website
virtuegymnastics.co.ukvirtue movement co. ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUE MOVEMENT CO. LTD at £701.1k based on a Turnover of £811.6k and 0.86x industry multiple (adjusted for size and gross margin).
virtue movement co. ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUE MOVEMENT CO. LTD at £4.7k based on an EBITDA of £1.4k and a 3.42x industry multiple (adjusted for size and gross margin).
virtue movement co. ltd Estimated Valuation
Pomanda estimates the enterprise value of VIRTUE MOVEMENT CO. LTD at £194k based on Net Assets of £91.7k and 2.12x industry multiple (adjusted for liquidity).
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Virtue Movement Co. Ltd Overview
Virtue Movement Co. Ltd is a live company located in reading, RG30 6HW with a Companies House number of 11030705. It operates in the other sports activities sector, SIC Code 93199. Founded in October 2017, it's largest shareholder is kara chance-chambers with a 100% stake. Virtue Movement Co. Ltd is a young, small sized company, Pomanda has estimated its turnover at £811.6k with rapid growth in recent years.
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Virtue Movement Co. Ltd Health Check
Pomanda's financial health check has awarded Virtue Movement Co. Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £811.6k, make it larger than the average company (£595k)
- Virtue Movement Co. Ltd
£595k - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (12%)
- Virtue Movement Co. Ltd
12% - Industry AVG
Production
with a gross margin of 19.9%, this company has a higher cost of product (45.6%)
- Virtue Movement Co. Ltd
45.6% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (1.2%)
- Virtue Movement Co. Ltd
1.2% - Industry AVG
Employees
with 26 employees, this is above the industry average (13)
26 - Virtue Movement Co. Ltd
13 - Industry AVG
Pay Structure
on an average salary of £28k, the company has an equivalent pay structure (£28k)
- Virtue Movement Co. Ltd
£28k - Industry AVG
Efficiency
resulting in sales per employee of £31.2k, this is less efficient (£63.6k)
- Virtue Movement Co. Ltd
£63.6k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (15 days)
- Virtue Movement Co. Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (29 days)
- Virtue Movement Co. Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Virtue Movement Co. Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Virtue Movement Co. Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.3%, this is a higher level of debt than the average (36.6%)
54.3% - Virtue Movement Co. Ltd
36.6% - Industry AVG
VIRTUE MOVEMENT CO. LTD financials
Virtue Movement Co. Ltd's latest turnover from March 2024 is estimated at £811.6 thousand and the company has net assets of £91.7 thousand. According to their latest financial statements, Virtue Movement Co. Ltd has 26 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 26 | 24 | 20 | 20 | 20 | 20 | 20 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 77,679 | 99,138 | 79,069 | 13,399 | 17,595 | 13,377 | 12,643 |
| 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 | 77,679 | 99,138 | 79,069 | 13,399 | 17,595 | 13,377 | 12,643 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 123,172 | 256 | 8,393 | 6,771 | 4,175 | 31,519 | 2,529 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 121,600 | 152,472 | 0 | 0 | 0 | 3,075 |
| Cash | 0 | 1,695 | 8,767 | 114,714 | 45,226 | 42,096 | 46,154 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 123,172 | 123,551 | 169,632 | 121,485 | 49,401 | 73,615 | 51,758 |
| total assets | 200,851 | 222,689 | 248,701 | 134,884 | 66,996 | 86,992 | 64,401 |
| Bank overdraft | 0 | 17,333 | 17,333 | 7,500 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 104,782 | 13,226 | 42,017 | 1,275 | 0 | 5,259 | 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 | 44,313 | 31,925 | 9,149 | 3,405 | 60,122 | 56,450 |
| total current liabilities | 104,782 | 74,872 | 91,275 | 17,924 | 3,405 | 65,381 | 56,450 |
| loans | 0 | 53,440 | 73,619 | 42,500 | 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 | 4,360 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,360 | 53,440 | 73,619 | 42,500 | 0 | 0 | 0 |
| total liabilities | 109,142 | 128,312 | 164,894 | 60,424 | 3,405 | 65,381 | 56,450 |
| net assets | 91,709 | 94,377 | 83,807 | 74,460 | 63,591 | 21,611 | 7,951 |
| total shareholders funds | 91,709 | 94,377 | 83,807 | 74,460 | 63,591 | 21,611 | 7,951 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 22,991 | 83,678 | 6,196 | 2,244 | 6,562 | 3,161 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,316 | -39,009 | 154,094 | 2,596 | -27,344 | 25,915 | 5,604 |
| Creditors | 91,556 | -28,791 | 40,742 | 1,275 | -5,259 | 5,259 | 0 |
| Accruals and Deferred Income | -44,313 | 12,388 | 22,776 | 5,744 | -56,717 | 3,672 | 56,450 |
| 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 | -53,440 | -20,179 | 31,119 | 42,500 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 4,360 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -1,695 | -7,072 | -105,947 | 69,488 | 3,130 | -4,058 | 46,154 |
| overdraft | -17,333 | 0 | 9,833 | 7,500 | 0 | 0 | 0 |
| change in cash | 15,638 | -7,072 | -115,780 | 61,988 | 3,130 | -4,058 | 46,154 |
virtue movement co. ltd Credit Report and Business Information
Virtue Movement Co. Ltd Competitor Analysis
Perform a competitor analysis for virtue movement co. ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in RG30 area or any other competitors across 12 key performance metrics.
virtue movement co. ltd Ownership
VIRTUE MOVEMENT CO. LTD group structure
Virtue Movement Co. Ltd has no subsidiary companies.
Ultimate parent company
VIRTUE MOVEMENT CO. LTD
11030705
virtue movement co. ltd directors
Virtue Movement Co. Ltd currently has 1 director, Miss Kara Chance serving since Oct 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Kara Chance | England | 39 years | Oct 2017 | - | Director |
P&L
March 2024turnover
811.6k
+155%
operating profit
1.4k
0%
gross margin
20%
-3.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
91.7k
-0.03%
total assets
200.9k
-0.1%
cash
0
-1%
net assets
Total assets minus all liabilities
virtue movement co. ltd company details
company number
11030705
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
virtue school of gymnastics limited (May 2023)
accountant
-
auditor
-
address
7 sterling way, reading, RG30 6HW
Bank
-
Legal Advisor
-
virtue movement co. 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 virtue movement co. ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
virtue movement co. 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 VIRTUE MOVEMENT CO. LTD. This can take several minutes, an email will notify you when this has completed.
virtue movement co. ltd Companies House Filings - See Documents
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