How much does Virgo Accounting Ltd make?

Virgo Accounting Ltd reported revenue of £1.8k and a loss of £42.7k in the year to 31 Aug 2023, according to its accounts filed at Companies House.

How many employees does Virgo Accounting Ltd have?

Virgo Accounting Ltd reported an average of 3 employees in the year to 31 Aug 2023.

Is Virgo Accounting Ltd profitable?

No — Virgo Accounting Ltd reported a loss of £42.7k in the year to 31 Aug 2023.

Company No. 10343538 · Incorporated 24 Aug 2016

Virgo Accounting Ltd

Registered name: VIRGO ACCOUNTING LTD

Part of Tya GRP Ltd group

Virgo Accounting Ltd made £1.8k revenue and a £42.7k loss in the year to 31 Aug 2023.

Virgo Accounting Ltd’s revenue fell 73% to £1.8k in the year to 31 Aug 2023, with a loss of £42.7k and 3 employees. The company is classified under “bookkeeping activities” and is based in Cardiff; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69202Bookkeeping activities SIC 70221Financial management

Status: Active - Proposal to Strike off
Location: Cardiff, Wales
Age: 10 yrs · since 2016
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.

Latest accounts · year to 31 Aug 2023

Key figures

Small teamCapital-light

Revenue

£1.8k

Growth ▼73.2%

Profit

−£42.7k

Growth —

Profit margin

−2410%

Employees

Change —

Profit / employee

−£14.2k

Revenue/employee £590

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2022	31 Aug 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.6k	£1.8k
Profit after tax	−£13.3k	−£42.7k
Profit (best available)	−£13.3k	−£42.7k
Staff costs	£13.4k	£10.3k
Employees (average)	—	3
Ratios
Profit margin	−200.6%	−2410%
Revenue per employee	—	£590
Profit per employee	—	−£14.2k
Growth (year on year)
Revenue growth	—	▼73.2%
Balance sheet — indirect signals, not revenue
Net assets	−£117k	−£150k
Fixed assets	£0	£0
Current assets	£149	£133
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: −2410%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £590; Revenue ÷ average employees.
Profit per employee: −£14.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; 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.

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: —; Now −£150k
Cash at bank: —; Now —
Headcount: —; Now 3
Deferred income: —; Now —
Fixed assets: —; Now £0

Corporate ownership

Group structure

Ownership chain

Tya GRP Ltdultimate parent75–100%
Virgo Accounting Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (27)

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

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2023 (profit −£42.7k), from the Companies House accounts bulk data published May 2024. 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.