The Virtually There Company Limited
Registered name: THE VIRTUALLY THERE COMPANY LIMITED
The Virtually There Company Limited made £31.2k revenue and a £16 loss in the year to 29 Feb 2024.
The Virtually There Company Limited’s revenue grew 6% to £31.2k in the year to 29 Feb 2024, with a loss of £16 and 1 employee. The company is classified under “other specialist photography” and is based in Telford; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Telford, West Midlands
- Age
- 6 yrs · since 2020
- 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 | 29 Feb 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £29.5k | £31.2k |
| Profit after tax | — | £4.3k | −£16 |
| Profit (best available) | — | £4.3k | −£16 |
| Employees (average) | — | 0 | 1 |
| Ratios | |||
| Profit margin | — | 14.6% | −0.1% |
| Revenue per employee | — | — | £31.2k |
| Profit per employee | — | — | −£16 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲5.8% |
| Profit growth | — | — | ▼100.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £15.6k | £12.4k | −£5.4k |
| Fixed assets | £12.1k | £12.9k | £12.9k |
| Current assets | £26.3k | £18.9k | — |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- −0.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £31.2k
- Revenue ÷ average employees.
- Profit per employee
- −£16
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 41.2%
- 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
- ▼144%
- Now −£5.4k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £12.9k
Sources
Latest figures from FullAccounts for the year to 29 Feb 2024 (profit −£16), from the Companies House accounts bulk data published Oct 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.