Virtue Technologies Limited
Registered name: VIRTUE TECHNOLOGIES LIMITED
Virtue Technologies Limited made £10.9m revenue and a £84.9k loss in the year to 30 Apr 2025.
Virtue Technologies Limited’s revenue fell 17% to £10.9m in the year to 30 Apr 2025, with a loss of £84.9k and 72 employees. The company is classified under “information technology consultancy activities” and is based in Skelmersdale; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Skelmersdale, North West
- Age
- 20 yrs · since 2006
- 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £12.1m | £13.2m | £10.9m |
| Cost of sales | — | £10.2m | £10.9m | £8.9m |
| Gross profit | — | £1.9m | £2.3m | £2m |
| Operating profit | — | £181k | £310k | −£69.5k |
| Profit before tax | — | £144k | £285k | −£88.3k |
| Profit after tax | — | £107k | £197k | −£84.9k |
| Profit (best available) | — | £107k | £197k | −£84.9k |
| Staff costs | — | £2.3m | £2.5m | £2.6m |
| Employees (average) | 46 | 68 | 69 | 72 |
| Ratios | ||||
| Profit margin | — | 0.9% | 1.5% | −0.8% |
| Gross margin | — | 15.8% | 17.6% | 18.5% |
| Revenue per employee | — | £178k | £191k | £151k |
| Profit per employee | — | £1.6k | £2.9k | −£1.2k |
| Cash conversion | — | −123.8% | −216.2% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲9.1% | ▼17.4% |
| Profit growth | — | — | ▲85.4% | ▼143% |
| Headcount growth | — | ▲47.8% | ▲1.5% | ▲4.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £94.6k | £46.8k | £331k | £92.2k |
| Net assets | £567k | £491k | £486k | £325k |
| Fixed assets | £962k | £702k | £639k | £632k |
| Current assets | £2.5m | £3.3m | £3.3m | £2.1m |
| Debtors | £1.7m | £2.5m | £2.1m | £1.3m |
| Deferred income | — | £843k | £1m | £765k |
| Cash from operations | — | −£224k | −£669k | −£211k |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −0.8%
- Profit ÷ revenue.
- Gross margin
- 18.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £151k
- Revenue ÷ average employees.
- Profit per employee
- −£1.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.3%
- 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
- ▼33%
- Now £325k
- Cash at bank
- ▼72%
- Now £92.2k
- Headcount
- ▲4%
- Now 72
- Deferred income
- ▼25%
- Now £765k
- Fixed assets
- ▼1%
- Now £632k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- KPMS Commercial LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- IT @ Spectrum LimitedHull · Information technology consultancy activities
- Revenue
- £10.9m
- Profit
- £1.1m
- Staff
- 66
- Ibcos Computers LtdTower Park,poole · Information technology consultancy activities
- Revenue
- £11m
- Profit
- £7.5m
- Staff
- 77
- Computeam LimitedStockport · Information technology consultancy activities
- Revenue
- £10.7m
- Profit
- £273k
- Staff
- 108
- Gradwell Communications LimitedFareham · Information technology consultancy activities
- Revenue
- £10.7m
- Profit
- £570k
- Staff
- 68
- MR Sales Public Limited CompanyInformation technology consultancy activities
- Revenue
- £10.5m
- Profit
- £40.4k
- Staff
- 27
- Vectorworks UK LimitedReading · Information technology consultancy activities
- Revenue
- £10.4m
- Profit
- £692k
- Staff
- 37
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£84.9k), from the Companies House accounts bulk data published Jan 2026. 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.