How much does Virtual Futures (Est.1994) C.I.C. make?

Virtual Futures (Est.1994) C.I.C. reported revenue of £128 and a loss of £867 in the year to 30 Jun 2023, according to its accounts filed at Companies House.

How many employees does Virtual Futures (Est.1994) C.I.C. have?

Virtual Futures (Est.1994) C.I.C. reported an average of 2 employees in the year to 30 Jun 2023.

Is Virtual Futures (Est.1994) C.I.C. profitable?

No — Virtual Futures (Est.1994) C.I.C. reported a loss of £867 in the year to 30 Jun 2023.

Company No. 10690589 · Incorporated 25 Mar 2017

Virtual Futures (Est.1994) C.I.C.

Registered name: VIRTUAL FUTURES (EST.1994) C.I.C.

Virtual Futures (Est.1994) C.I.C. made £128 revenue and a £867 loss in the year to 30 Jun 2023.

Virtual Futures (Est.1994) C.I.C.’s revenue grew 205% to £128 in the year to 30 Jun 2023, with a loss of £867 and 2 employees. The company is classified under “book publishing” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 58110Book publishing SIC 58141Publishing of learned journals SIC 58190Other publishing activities SIC 82302Activities of conference organisers

Status: Active - Proposal to Strike off
Location: London, London
Age: 9 yrs · since 2017
Type: Community Interest Company

Latest accounts · year to 30 Jun 2023

Key figures

IndependentSmall team

Revenue

£128

Growth ▲204.8%

Profit

−£867

Growth —

Profit margin

−677.3%

Gross 43%

Employees

Change 0%

Profit / employee

−£434

Revenue/employee £64

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	30 Jun 2022	30 Jun 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£42	£128
Cost of sales	£0	£73
Gross profit	£42	£55
Operating profit	−£676	−£867
Profit before tax	−£684	−£867
Profit after tax	−£684	−£867
Profit (best available)	−£684	−£867
Employees (average)	2	2
Ratios
Profit margin	−1629%	−677.3%
Gross margin	100%	43%
Revenue per employee	£21	£64
Profit per employee	−£342	−£434
Growth (year on year)
Revenue growth	—	▲204.8%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£959	£25
Net assets	−£1.2k	−£2k
Current assets	£959	£25
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: −677.3%; Profit ÷ revenue.
Gross margin: 43%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £64; Revenue ÷ average employees.
Profit per employee: −£434; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; 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 −£2k
Cash at bank: ▼97%; Now £25
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2023 (profit −£867), from the Companies House accounts bulk data published Jul 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.