virtus london 7 limited
virtus london 7 limited Company Information
Company Number
11342447
Next Accounts
Sep 2025
Shareholders
virtus data centres properties limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
4th floor 20 balderton street, london, W1K 6TL
Website
-virtus london 7 limited Estimated Valuation
Pomanda estimates the enterprise value of VIRTUS LONDON 7 LIMITED at £33.9m based on a Turnover of £42.2m and 0.8x industry multiple (adjusted for size and gross margin).
virtus london 7 limited Estimated Valuation
Pomanda estimates the enterprise value of VIRTUS LONDON 7 LIMITED at £105.7m based on an EBITDA of £18m and a 5.87x industry multiple (adjusted for size and gross margin).
virtus london 7 limited Estimated Valuation
Pomanda estimates the enterprise value of VIRTUS LONDON 7 LIMITED at £0 based on Net Assets of £-22.5m and 2.13x industry multiple (adjusted for liquidity).
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Virtus London 7 Limited Overview
Virtus London 7 Limited is a live company located in london, W1K 6TL with a Companies House number of 11342447. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2018, it's largest shareholder is virtus data centres properties limited with a 100% stake. Virtus London 7 Limited is a young, large sized company, Pomanda has estimated its turnover at £42.2m with rapid growth in recent years.
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Virtus London 7 Limited Health Check
Pomanda's financial health check has awarded Virtus London 7 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
4 Weak
Size
annual sales of £42.2m, make it larger than the average company (£4.8m)
£42.2m - Virtus London 7 Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 114%, show it is growing at a faster rate (6.7%)
114% - Virtus London 7 Limited
6.7% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (38.2%)
17% - Virtus London 7 Limited
38.2% - Industry AVG
Profitability
an operating margin of 12.6% make it more profitable than the average company (5.7%)
12.6% - Virtus London 7 Limited
5.7% - Industry AVG
Employees
with 103 employees, this is above the industry average (27)
- Virtus London 7 Limited
27 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Virtus London 7 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £409.8k, this is more efficient (£171.2k)
- Virtus London 7 Limited
£171.2k - Industry AVG
Debtor Days
it gets paid by customers after 227 days, this is later than average (42 days)
227 days - Virtus London 7 Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (32 days)
38 days - Virtus London 7 Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Virtus London 7 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Virtus London 7 Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107.2%, this is a higher level of debt than the average (62.6%)
107.2% - Virtus London 7 Limited
62.6% - Industry AVG
VIRTUS LONDON 7 LIMITED financials
Virtus London 7 Limited's latest turnover from December 2023 is £42.2 million and the company has net assets of -£22.5 million. According to their latest financial statements, we estimate that Virtus London 7 Limited has 103 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 42,210,000 | 30,484,000 | 14,275,000 | 4,325,000 | ||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | 5,297,000 | 2,841,000 | -3,392,000 | -1,185,000 | -249,000 | |
| Interest Payable | 13,754,000 | 7,842,000 | 3,702,000 | 1,921,000 | 14,000 | |
| Interest Receivable | 2,848,000 | 715,000 | 2,607,000 | |||
| Pre-Tax Profit | -5,609,000 | -4,286,000 | -4,487,000 | -3,106,000 | -263,000 | |
| Tax | -2,655,000 | -2,743,000 | 206,000 | -738,000 | 59,000 | -17,000 |
| Profit After Tax | -8,264,000 | -7,029,000 | -4,281,000 | -3,844,000 | -204,000 | -17,000 |
| Dividends Paid | ||||||
| Retained Profit | -8,264,000 | -7,029,000 | -4,281,000 | -3,844,000 | -204,000 | -17,000 |
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* | 17,996,000 | 15,343,000 | 5,708,000 | -677,000 | -249,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 197,538,000 | 174,622,000 | 212,142,000 | 153,604,000 | 53,428,000 | 37,512 |
| Intangible Assets | 27,054,000 | 28,585,000 | ||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 59,809,000 | 41,114,000 | 9,942,000 | |||
| Total Fixed Assets | 284,401,000 | 244,321,000 | 222,084,000 | 153,604,000 | 53,428,000 | 37,512,000 |
| Stock & work in progress | ||||||
| Trade Debtors | 26,344,000 | 14,977,000 | 6,866,000 | 6,045,000 | 323,000 | |
| Group Debtors | 8,938,000 | 1,175,000 | ||||
| Misc Debtors | 5,941,000 | 3,612,000 | 4,143,000 | 3,717 | ||
| Cash | 2,512,000 | 577,000 | 2,059,000 | 1,831,000 | 135,000 | |
| misc current assets | ||||||
| total current assets | 28,856,000 | 15,554,000 | 14,866,000 | 20,426,000 | 5,776,000 | 3,717,000 |
| total assets | 313,257,000 | 259,875,000 | 236,950,000 | 174,030,000 | 59,204,000 | 41,229,000 |
| Bank overdraft | ||||||
| Bank loan | 977,000 | 1,887,000 | 1,060,000 | |||
| Trade Creditors | 3,699,000 | 2,198,000 | 3,425,000 | 536,000 | 37,000 | |
| Group/Directors Accounts | 145,595,000 | 108,172,000 | 102,406,000 | 68,173,000 | 17,358,000 | 9,168,000 |
| other short term finances | ||||||
| hp & lease commitments | 1,373,000 | 1,031,000 | 958,000 | 916,000 | 875,000 | |
| other current liabilities | 20,412,000 | 9,850,000 | 6,845,000 | 10,475,000 | 2,560,000 | |
| total current liabilities | 172,056,000 | 123,138,000 | 114,694,000 | 80,100,000 | 20,830,000 | 9,168,000 |
| loans | 119,107,000 | 104,055,000 | 88,386,000 | 59,225,000 | ||
| hp & lease commitments | 27,048,000 | 28,636,000 | 29,878,000 | 31,048,000 | 32,176,000 | 32,078 |
| Accruals and Deferred Income | 5,989,000 | 8,019,000 | 8,591,000 | |||
| other liabilities | 398,000 | |||||
| provisions | 11,121,000 | 8,577,000 | 5,009,000 | 7,722,000 | 6,419,000 | |
| total long term liabilities | 163,663,000 | 149,287,000 | 131,864,000 | 97,995,000 | 38,595,000 | 32,078,000 |
| total liabilities | 335,719,000 | 272,425,000 | 246,558,000 | 178,095,000 | 59,425,000 | 41,246,000 |
| net assets | -22,462,000 | -12,550,000 | -9,608,000 | -4,065,000 | -221,000 | -17,000 |
| total shareholders funds | -22,462,000 | -12,550,000 | -9,608,000 | -4,065,000 | -221,000 | -17,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 5,297,000 | 2,841,000 | -3,392,000 | -1,185,000 | -249,000 | |
| Depreciation | 10,624,000 | 10,455,000 | 9,100,000 | 508,000 | ||
| Amortisation | 2,075,000 | 2,047,000 | ||||
| Tax | -2,655,000 | -2,743,000 | 206,000 | -738,000 | 59,000 | -17,000 |
| Stock | ||||||
| Debtors | 30,062,000 | 33,342,000 | 4,154,000 | 12,954,000 | 5,637,283 | 3,717 |
| Creditors | 1,501,000 | -1,227,000 | 2,889,000 | 499,000 | 37,000 | |
| Accruals and Deferred Income | 8,532,000 | 2,433,000 | 4,961,000 | 7,915,000 | 2,560,000 | |
| Deferred Taxes & Provisions | 2,544,000 | 3,568,000 | -2,713,000 | 1,303,000 | 6,419,000 | |
| Cash flow from operations | -2,144,000 | -15,968,000 | 6,897,000 | -4,652,000 | 3,188,717 | -20,717 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | -910,000 | 827,000 | 1,060,000 | |||
| Group/Directors Accounts | 37,423,000 | 5,766,000 | 34,233,000 | 50,815,000 | 8,190,000 | 9,168,000 |
| Other Short Term Loans | ||||||
| Long term loans | 15,052,000 | 15,669,000 | 29,161,000 | 59,225,000 | ||
| Hire Purchase and Lease Commitments | -1,246,000 | -1,169,000 | -1,128,000 | -1,087,000 | 33,018,922 | 32,078 |
| other long term liabilities | 398,000 | |||||
| share issue | ||||||
| interest | -10,906,000 | -7,127,000 | -1,095,000 | -1,921,000 | -14,000 | |
| cash flow from financing | 38,163,000 | 18,053,000 | 60,969,000 | 107,032,000 | 41,194,922 | 9,200,078 |
| cash and cash equivalents | ||||||
| cash | 1,935,000 | -1,482,000 | 228,000 | 1,696,000 | 135,000 | |
| overdraft | ||||||
| change in cash | 1,935,000 | -1,482,000 | 228,000 | 1,696,000 | 135,000 |
virtus london 7 limited Credit Report and Business Information
Virtus London 7 Limited Competitor Analysis
Perform a competitor analysis for virtus london 7 limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in W1K area or any other competitors across 12 key performance metrics.
virtus london 7 limited Ownership
VIRTUS LONDON 7 LIMITED group structure
Virtus London 7 Limited has no subsidiary companies.
Ultimate parent company
TEMASEK HOLDINGS (PRIVATE) LTD
#0104970
2 parents
VIRTUS LONDON 7 LIMITED
11342447
virtus london 7 limited directors
Virtus London 7 Limited currently has 5 directors. The longest serving directors include Mr Neil Cresswell (May 2018) and Mr Nelson Lim Yueh Hua (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Cresswell | England | 59 years | May 2018 | - | Director |
| Mr Nelson Lim Yueh Hua | Singapore | 54 years | May 2018 | - | Director |
| Mr Jonathan King | Singapore | 48 years | May 2018 | - | Director |
| Mr Bruno Lopez | Singapore | 60 years | May 2018 | - | Director |
| Mr Daryl Seaton | England | 51 years | May 2018 | - | Director |
P&L
December 2023turnover
42.2m
+38%
operating profit
5.3m
+86%
gross margin
17%
-0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-22.5m
+0.79%
total assets
313.3m
+0.21%
cash
2.5m
+3.35%
net assets
Total assets minus all liabilities
virtus london 7 limited company details
company number
11342447
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
4th floor 20 balderton street, london, W1K 6TL
Bank
-
Legal Advisor
-
virtus london 7 limited 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 5 charges/mortgages relating to virtus london 7 limited. Currently there are 5 open charges and 0 have been satisfied in the past.
virtus london 7 limited 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 VIRTUS LONDON 7 LIMITED. This can take several minutes, an email will notify you when this has completed.
virtus london 7 limited Companies House Filings - See Documents
| date | description | view/download |
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