virtual internship partners ltd Company Information
Company Number
11234698
Next Accounts
Dec 2025
Industry
Computer consultancy activities
Other education n.e.c.
Shareholders
daniel oliver nivern
surge ventures iii
View AllGroup Structure
View All
Contact
Registered Address
80-83 long lane, london, EC1A 9ET
Website
virtualinternships.comvirtual internship partners ltd Estimated Valuation
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
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
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).
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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.
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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
6 Strong
3 Regular
2 Weak
Size
annual sales of £2.9m, make it larger than the average company (£893.1k)
- Virtual Internship Partners Ltd
£893.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (8.4%)
- Virtual Internship Partners Ltd
8.4% - Industry AVG
Production
with a gross margin of 50.2%, this company has a comparable cost of product (50.2%)
- Virtual Internship Partners Ltd
50.2% - Industry AVG
Profitability
an operating margin of -140.2% make it less profitable than the average company (5.6%)
- Virtual Internship Partners Ltd
5.6% - Industry AVG
Employees
with 50 employees, this is above the industry average (12)
50 - Virtual Internship Partners Ltd
12 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Virtual Internship Partners Ltd
£44k - Industry AVG
Efficiency
resulting in sales per employee of £57.2k, this is less efficient (£91.4k)
- Virtual Internship Partners Ltd
£91.4k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (39 days)
- Virtual Internship Partners Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (25 days)
- Virtual Internship Partners Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Virtual Internship Partners Ltd
- - Industry AVG
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
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
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 House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Mar 2020 | Mar 2019 | |
---|---|---|---|---|---|---|
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 | 50 | 66 | 23 | 3 | 3 | 3 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Mar 2020 | Mar 2019 | |
---|---|---|---|---|---|---|
Tangible Assets | 46,062 | 62,273 | 20,691 | 8,322 | 0 | 0 |
Intangible Assets | 15,766 | 4,838 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 61,828 | 67,111 | 20,691 | 8,322 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 268,925 | 99,650 | 448,890 | 159,551 | 14,591 | 65,969 |
Group Debtors | 0 | 0 | 0 | 7,231 | 0 | 0 |
Misc Debtors | 154,954 | 215,717 | 145,341 | 47,103 | 15,395 | 0 |
Cash | 3,862,547 | 7,252,233 | 2,199,875 | 1,712,901 | 12,903 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,286,426 | 7,567,600 | 2,794,106 | 1,926,786 | 42,889 | 65,969 |
total assets | 4,348,254 | 7,634,711 | 2,814,797 | 1,935,108 | 42,889 | 65,969 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 135,738 | 42,410 | 113,780 | 28,152 | 2,500 | 14,134 |
Group/Directors Accounts | 0 | 0 | 1,736 | 1,736 | 4,000 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 797,895 | 426,844 | 819,572 | 262,843 | 8,354 | 0 |
total current liabilities | 933,633 | 469,254 | 935,088 | 292,731 | 14,854 | 14,134 |
loans | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 3,000 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 11,515 | 15,568 | 3,931 | 1,581 | 0 | 0 |
total long term liabilities | 11,515 | 15,568 | 3,931 | 1,581 | 0 | 3,000 |
total liabilities | 945,148 | 484,822 | 939,019 | 294,312 | 14,854 | 17,134 |
net assets | 3,403,106 | 7,149,889 | 1,875,778 | 1,640,796 | 28,035 | 48,835 |
total shareholders funds | 3,403,106 | 7,149,889 | 1,875,778 | 1,640,796 | 28,035 | 48,835 |
Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Mar 2020 | Mar 2019 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | 21,354 | 14,385 | 6,612 | 893 | 0 | 0 |
Amortisation | 1,999 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 108,512 | -278,864 | 380,346 | 183,899 | -35,983 | 65,969 |
Creditors | 93,328 | -71,370 | 85,628 | 25,652 | -11,634 | 14,134 |
Accruals and Deferred Income | 371,051 | -392,728 | 556,729 | 254,489 | 5,354 | 3,000 |
Deferred Taxes & Provisions | -4,053 | 11,637 | 2,350 | 1,581 | 0 | 0 |
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -1,736 | 0 | -2,264 | 4,000 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | -3,389,686 | 5,052,358 | 486,974 | 1,699,998 | 12,903 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -3,389,686 | 5,052,358 | 486,974 | 1,699,998 | 12,903 | 0 |
virtual internship partners ltd Credit Report and Business Information
Virtual Internship Partners Ltd Competitor Analysis
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Daniel Nivern | England | 43 years | Nov 2018 | - | Director |
Mr Nicholas Sharp | England | 49 years | Sep 2022 | - | Director |
Mr Jason Rottenberg | United States | 54 years | Sep 2022 | - | Director |
Mr Jason Kan | United Kingdom | 37 years | May 2024 | - | Director |
P&L
March 2024turnover
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 2024net 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
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.
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virtual internship partners ltd Companies House Filings - See Documents
date | description | view/download |
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