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Company No. 04252845 · Incorporated 16 Jul 2001

Virtual IT Limited

Registered name: VIRTUAL IT LIMITED

Virtual IT Limited made £19.1m revenue and £1.1m profit in the year to 30 Sep 2025. read from filing text

Virtual IT Limited’s revenue grew 10% to £19.1m in the year to 30 Sep 2025, with £1.1m profit and 133 employees. The company is classified under “other information technology service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
London, London
Age
25 yrs · since 2001
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Eldama Invest Limited (incorporated in British Virgin Islands) is regarded by the directors as being the company's ultimate parent company. Its registered office is Trident Chambers, PO Box 146, Road ”

Latest accounts · year to 30 Sep 2025

Key figures

Operating leverageDoing more with lessCash flow filed
Revenue
£19.1m
Growth ▲9.8%
Profit
£1.1m
Growth ▲45.3%
Profit margin
5.5%
Gross 52.3%
Employees
133
Change ▼2.2%
Profit / employee
£8k
Revenue/employee £144k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 202230 Sep 202330 Sep 202430 Sep 2025
DisclosureProfit onlyFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£14.2m£17.4m£19.1m
Cost of sales—£7m£8.2m£9.1m
Gross profit—£7.2m£9.3m£10m
Operating profit—£652k£966k£1.6m
Profit before tax—£547k£1.2m£1.6m
Profit after tax£243k£340k£730k£1.1m
Profit (best available)£243k£340k£730k£1.1m
Staff costs—£4.4m£5.9m£6m
Employees (average)00136133
Ratios
Profit margin—2.4%4.2%5.5%
Gross margin—50.7%53.1%52.3%
Revenue per employee——£128k£144k
Profit per employee——£5.4k£8k
Cash conversion——−122.7%−161.3%
Growth (year on year)
Revenue growth——▲22.9%▲9.8%
Profit growth—▲39.6%▲114.8%▲45.3%
Headcount growth———▼2.2%
Balance sheet — indirect signals, not revenue
Cash at bank£1m£1.6m£1.6m£2.6m
Net assets£1.6m£2m£2.4m£2.3m
Fixed assets£3.7m£4.8m£3.7m£3m
Current assets£2.7m£4.1m£4.1m£5.4m
Debtors£788k£1.1m£1.3m£1.4m
Deferred income£1.5m£2.9m£3.1m£3.3m
Cash from operations——−£1.2m−£2.6m
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Jan 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
5.5%
Profit ÷ revenue.
Gross margin
52.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£144k
Revenue ÷ average employees.
Profit per employee
£8k
Profit ÷ average employees.
Cash conversion
−161.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
15.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
17.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.6%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▼4%
Now £2.3m
Cash at bank
▲67%
Now £2.6m
Headcount
▼2%
Now 133
Deferred income
▲6%
Now £3.3m
Fixed assets
▼19%
Now £3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £1.1m), from the Companies House accounts bulk data published Dec 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.