VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED Financials
- Company number
- 09075478CopyCopy
- Registered office
- 10 London Mews, London W2 1HY
- Incorporated
- 06/06/2014
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-0.22%vs 20232023: £-301.01K
Total Assets
-6.38%vs 20232023: £68.26K
Cash in Bank
141.25%vs 20232023: £1.33K
Total Liabilities
-1.00%vs 20232023: £369.27K
Employees
0vs 20232023: 3
In 2024, VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED reported net assets of £-301.66K. The same filing shows total assets of £63.91K, cash in bank of £3.21K and total liabilities of £365.57K. Reported headcount was 3 in 2024. Total Assets fell from £68.26K in 2023 to £63.91K in 2024 (-6.38%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-0.22%from £-301.01K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-93.9%vs 2022-75.2% a year compound (CAGR)
Total Assets
-48%vs 2022-27.9% a year compound (CAGR)
Total Liabilities
-11.6%vs 2022-6% a year compound (CAGR)
Employees
-25%vs 2022-1Biggest decrease
Cash in Bank-93.9%
£52.28K in 2022 to £3.21K in 2024
Every indicator Okredo holds for VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED fell between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -472.02%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 572.02%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 0.88%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 5.02%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -308.53K | -290.67K | -301.01K | -301.66K |
| Total Assets£ | 66.67K | 122.94K | 68.26K | 63.91K |
| Cash in Bank£ | – | 52.28K | 1.33K | 3.21K |
| Total Liabilities£ | 375.20K | 413.61K | 369.27K | 365.57K |
| Employees | 3 | 4 | 3 | 3 |
VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED reported net assets of £-301.66K for 2024. That compares with £-301.01K in 2023, a change of -0.22%.
VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED reported total assets of £63.91K for 2024. That compares with £68.26K in 2023, a change of -6.38%.
VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED reported cash in bank of £3.21K for 2024. That compares with £1.33K in 2023, a change of 141.25%.
VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, VIRTUAL TECHNOLOGY CLUSTER GROUP LIMITED's cash in bank fell by 93.9%, total assets fell by 48%, total liabilities fell by 11.6% and employee numbers fell by 25%. Cash in bank contracted at 75.2% a year across the two years to 2024, from £52.28K to £3.21K. Reported headcount went from 4 in 2022 to 3 in 2024 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.