virtual internship partners ltd

virtual internship partners ltd Company Information

Share VIRTUAL INTERNSHIP PARTNERS LTD
Live 
YoungSmallRapid

Company Number

11234698

Industry

Computer consultancy activities

 

Other education n.e.c.

 

Shareholders

daniel oliver nivern

surge ventures iii

View All

Group Structure

View All

Contact

Registered Address

80-83 long lane, london, EC1A 9ET

virtual internship partners ltd Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of VIRTUAL INTERNSHIP PARTNERS LTD at £2.2m based on a Turnover of £2.9m and 0.78x industry multiple (adjusted for size and gross margin).

virtual internship partners ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of VIRTUAL INTERNSHIP PARTNERS LTD at £0 based on an EBITDA of £-4m and a 4.92x industry multiple (adjusted for size and gross margin).

virtual internship partners ltd Estimated Valuation

£7.8m

Pomanda estimates the enterprise value of VIRTUAL INTERNSHIP PARTNERS LTD at £7.8m based on Net Assets of £3.4m and 2.3x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Virtual Internship Partners Ltd Overview

Virtual Internship Partners Ltd is a live company located in london, EC1A 9ET with a Companies House number of 11234698. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2018, it's largest shareholder is daniel oliver nivern with a 19.5% stake. Virtual Internship Partners Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.9m with rapid growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Virtual Internship Partners Ltd Health Check

Pomanda's financial health check has awarded Virtual Internship Partners Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £2.9m, make it larger than the average company (£893.1k)

£2.9m - Virtual Internship Partners Ltd

£893.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (8.4%)

52% - Virtual Internship Partners Ltd

8.4% - Industry AVG

production

Production

with a gross margin of 50.2%, this company has a comparable cost of product (50.2%)

50.2% - Virtual Internship Partners Ltd

50.2% - Industry AVG

profitability

Profitability

an operating margin of -140.2% make it less profitable than the average company (5.6%)

-140.2% - Virtual Internship Partners Ltd

5.6% - Industry AVG

employees

Employees

with 50 employees, this is above the industry average (12)

50 - Virtual Internship Partners Ltd

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £44k, the company has an equivalent pay structure (£44k)

£44k - Virtual Internship Partners Ltd

£44k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £57.2k, this is less efficient (£91.4k)

£57.2k - Virtual Internship Partners Ltd

£91.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 34 days, this is near the average (39 days)

34 days - Virtual Internship Partners Ltd

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 34 days, this is slower than average (25 days)

34 days - Virtual Internship Partners Ltd

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Virtual Internship Partners Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 215 weeks, this is more cash available to meet short term requirements (72 weeks)

215 weeks - Virtual Internship Partners Ltd

72 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21.7%, this is a lower level of debt than the average (38.1%)

21.7% - Virtual Internship Partners Ltd

38.1% - Industry AVG

VIRTUAL INTERNSHIP PARTNERS LTD financials

EXPORTms excel logo

Virtual Internship Partners Ltd's latest turnover from March 2024 is estimated at £2.9 million and the company has net assets of £3.4 million. According to their latest financial statements, Virtual Internship Partners Ltd has 50 employees and maintains cash reserves of £3.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Apr 2021Mar 2020Mar 2019
Turnover2,860,2272,232,5912,715,563820,793137,462369,120
Other Income Or Grants000000
Cost Of Sales1,422,9501,062,0971,350,575402,63964,711181,134
Gross Profit1,437,2771,170,4931,364,989418,15472,751187,986
Admin Expenses5,447,2944,861,9311,295,968557,533264,072127,696
Operating Profit-4,010,017-3,691,43869,021-139,379-191,32160,290
Interest Payable000000
Interest Receivable291,763200,85714,67386360
Pre-Tax Profit-3,718,254-3,490,58183,694-138,516-191,31560,290
Tax00-15,90200-11,455
Profit After Tax-3,718,254-3,490,58167,792-138,516-191,31548,835
Dividends Paid000000
Retained Profit-3,718,254-3,490,58167,792-138,516-191,31548,835
Employee Costs2,201,2182,758,393892,778111,202109,501116,816
Number Of Employees506623333
EBITDA*-3,986,664-3,677,05375,633-138,486-191,32160,290

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Apr 2021Mar 2020Mar 2019
Tangible Assets46,06262,27320,6918,32200
Intangible Assets15,7664,8380000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets61,82867,11120,6918,32200
Stock & work in progress000000
Trade Debtors268,92599,650448,890159,55114,59165,969
Group Debtors0007,23100
Misc Debtors154,954215,717145,34147,10315,3950
Cash3,862,5477,252,2332,199,8751,712,90112,9030
misc current assets000000
total current assets4,286,4267,567,6002,794,1061,926,78642,88965,969
total assets4,348,2547,634,7112,814,7971,935,10842,88965,969
Bank overdraft000000
Bank loan000000
Trade Creditors 135,73842,410113,78028,1522,50014,134
Group/Directors Accounts001,7361,7364,0000
other short term finances000000
hp & lease commitments000000
other current liabilities797,895426,844819,572262,8438,3540
total current liabilities933,633469,254935,088292,73114,85414,134
loans000000
hp & lease commitments000000
Accruals and Deferred Income000003,000
other liabilities000000
provisions11,51515,5683,9311,58100
total long term liabilities11,51515,5683,9311,58103,000
total liabilities945,148484,822939,019294,31214,85417,134
net assets3,403,1067,149,8891,875,7781,640,79628,03548,835
total shareholders funds3,403,1067,149,8891,875,7781,640,79628,03548,835
Mar 2024Mar 2023Mar 2022Apr 2021Mar 2020Mar 2019
Operating Activities
Operating Profit-4,010,017-3,691,43869,021-139,379-191,32160,290
Depreciation21,35414,3856,61289300
Amortisation1,99900000
Tax00-15,90200-11,455
Stock000000
Debtors108,512-278,864380,346183,899-35,98365,969
Creditors93,328-71,37085,62825,652-11,63414,134
Accruals and Deferred Income371,051-392,728556,729254,4895,3543,000
Deferred Taxes & Provisions-4,05311,6372,3501,58100
Cash flow from operations-3,634,850-3,850,650324,092-40,663-161,6180
Investing Activities
capital expenditure-18,070-60,805-18,981-9,21500
Change in Investments000000
cash flow from investments-18,070-60,805-18,981-9,21500
Financing Activities
Bank loans000000
Group/Directors Accounts0-1,7360-2,2644,0000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue-28,5298,764,692167,1901,751,277170,5150
interest291,763200,85714,67386360
cash flow from financing263,2348,963,813181,8631,749,876174,5210
cash and cash equivalents
cash-3,389,6865,052,358486,9741,699,99812,9030
overdraft000000
change in cash-3,389,6865,052,358486,9741,699,99812,9030

virtual internship partners ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for virtual internship partners ltd. Get real-time insights into virtual internship partners ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Virtual Internship Partners Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for virtual internship partners ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC1A area or any other competitors across 12 key performance metrics.

virtual internship partners ltd Ownership

VIRTUAL INTERNSHIP PARTNERS LTD group structure

Virtual Internship Partners Ltd has no subsidiary companies.

Ultimate parent company

VIRTUAL INTERNSHIP PARTNERS LTD

11234698

VIRTUAL INTERNSHIP PARTNERS LTD Shareholders

daniel oliver nivern 19.53%
surge ventures iii 13.93%
arsenal growth equity iv l.p. 12.44%
edward william holroyd pearce 10.53%
hp leaders fund l.p. acting by its general partner hp leaders gp limited 6.75%
thomas kirkwood 5.86%
kv edtech partners llc 4.98%
ibk-stic pioneer fund 3.73%
virtual internship partners limited - treasury shares 2.87%
500 startups vietnam l.p. 2.64%

virtual internship partners ltd directors

Virtual Internship Partners Ltd currently has 4 directors. The longest serving directors include Mr Daniel Nivern (Nov 2018) and Mr Nicholas Sharp (Sep 2022).

officercountryagestartendrole
Mr Daniel NivernEngland43 years Nov 2018- Director
Mr Nicholas SharpEngland49 years Sep 2022- Director
Mr Jason RottenbergUnited States54 years Sep 2022- Director
Mr Jason KanUnited Kingdom37 years May 2024- Director

P&L

March 2024

turnover

2.9m

+28%

operating profit

-4m

0%

gross margin

50.3%

-4.15%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

3.4m

-0.52%

total assets

4.3m

-0.43%

cash

3.9m

-0.47%

net assets

Total assets minus all liabilities

virtual internship partners ltd company details

company number

11234698

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

85590 - Other education n.e.c.

incorporation date

March 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

March 2024

previous names

N/A

accountant

CARBON ACCOUNTANCY LIMITED

auditor

-

address

80-83 long lane, london, EC1A 9ET

Bank

-

Legal Advisor

-

virtual internship partners 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 internship partners ltd.

virtual internship partners 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 INTERNSHIP PARTNERS LTD. This can take several minutes, an email will notify you when this has completed.

virtual internship partners ltd Companies House Filings - See Documents

datedescriptionview/download