David Walters VR & Innovation Limited
Registered name: DAVID WALTERS VR & INNOVATION LIMITED
David Walters VR & Innovation Limited made £35.8k revenue and £5.6k profit in the year to 28 Feb 2025.
David Walters VR & Innovation Limited’s revenue grew 10% to £35.8k in the year to 28 Feb 2025, with £5.6k profit and 3 employees. The company is classified under “business and domestic software development” and is based in Bolton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bolton, North West
- Age
- 30 yrs · since 1996
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 28 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £26.5k | £31.9k | £32.5k | £35.8k |
| Profit after tax | £5.6k | £6.8k | £260 | £5.6k |
| Profit (best available) | £5.6k | £6.8k | £260 | £5.6k |
| Staff costs | £7.5k | £9.9k | £10.2k | £11.5k |
| Employees (average) | — | 3 | 3 | 3 |
| Ratios | ||||
| Profit margin | 21% | 21.3% | 0.8% | 15.8% |
| Revenue per employee | — | £10.6k | £10.8k | £11.9k |
| Profit per employee | — | £2.3k | £87 | £1.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲20.5% | ▲1.9% | ▲10.1% |
| Profit growth | — | ▲22.2% | ▼96.2% | ▲2072% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £817k | £823k | £823k | £829k |
| Fixed assets | £850k | £850k | £850k | £851k |
| Current assets | £1.6k | £314 | £946 | £3.1k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 15.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £11.9k
- Revenue ÷ average employees.
- Profit per employee
- £1.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2376%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲1%
- Now £829k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▲0%
- Now £851k
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £5.6k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.