VIRTUALLY THERE OFFICES LIMITED Financials
- Company number
- 08047761CopyCopy
- Registered office
- 2.1a Temple Studios Temple Gate, Temple Meads, Bristol BS1 6QA
- Incorporated
- 26/04/2012
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-41.90%vs 20232023: £215.81K
Total Assets
15.93%vs 20232023: £565.07K
Cash in Bank
-20.44%vs 20232023: £174.58K
Total Liabilities
51.83%vs 20232023: £339.42K
Employees
-10vs 20232023: 19
In 2024, VIRTUALLY THERE OFFICES LIMITED reported net assets of £125.39K. The same filing shows total assets of £655.09K, cash in bank of £138.90K and total liabilities of £515.35K. Reported headcount was 9 in 2024. Total Liabilities rose from £339.42K in 2023 to £515.35K in 2024 (51.83%). 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
-41.90%from £215.81K 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 VIRTUALLY THERE OFFICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+712%vs 2022+185% a year compound (CAGR)
Total Assets
+71%vs 2022+30.7% a year compound (CAGR)
Total Liabilities
+23.3%vs 2022+11% a year compound (CAGR)
Employees
-60.9%vs 2022-14Biggest increase
Cash in Bank+712%
£17.10K in 2022 to £138.90K in 2024
Biggest decrease
Employees-60.9%
23 in 2022 to 9 in 2024
VIRTUALLY THERE OFFICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VIRTUALLY THERE OFFICES 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
- 19.14%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
- 78.67%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
- 26.95%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
- 21.20%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 VIRTUALLY THERE OFFICES 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£ | 74.31K | -48.48K | 215.81K | 125.39K |
| Total Assets£ | 411.18K | 383.21K | 565.07K | 655.09K |
| Cash in Bank£ | 48.70K | 17.10K | 174.58K | 138.90K |
| Total Liabilities£ | 323.93K | 418.02K | 339.42K | 515.35K |
| Employees | 10 | 23 | 19 | 9 |
VIRTUALLY THERE OFFICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VIRTUALLY THERE OFFICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VIRTUALLY THERE OFFICES LIMITED reported net assets of £125.39K for 2024. That compares with £215.81K in 2023, a change of -41.90%.
VIRTUALLY THERE OFFICES LIMITED reported total assets of £655.09K for 2024. That compares with £565.07K in 2023, a change of 15.93%.
VIRTUALLY THERE OFFICES LIMITED reported cash in bank of £138.90K for 2024. That compares with £174.58K in 2023, a change of -20.44%.
VIRTUALLY THERE OFFICES LIMITED reported 9 employees in 2024, compared with 19 in 2023.
Between 2022 and 2024, VIRTUALLY THERE OFFICES LIMITED's cash in bank rose by 712%, total assets rose by 71%, total liabilities rose by 23.3% and employee numbers fell by 60.9%. Cash in bank compounded at 185% a year across the two years to 2024, from £17.10K to £138.90K. Reported headcount went from 23 in 2022 to 9 in 2024 (-14).
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.