VIRTUS INSURANCE SOLUTIONS LIMITED Financials
- Company number
- 11613080Copy
Copy - Registered office
- 3rd Floor 65 Carter Lane, London EC4V 5DY
- Incorporated
- 09/10/2018
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
39.40%vs 20232023: £8.97K
Total Assets
-3.98%vs 20232023: £70.86K
Cash in Bank
-51.34%vs 20232023: £30.62K
Total Liabilities
-11.07%vs 20232023: £61.49K
Employees
+1vs 20232023: 3
In 2024, VIRTUS INSURANCE SOLUTIONS LIMITED reported net assets of £12.50K. The same filing shows total assets of £68.04K, cash in bank of £14.90K and total liabilities of £54.69K. Reported headcount was 4 in 2024. Cash in Bank fell from £30.62K in 2023 to £14.90K in 2024 (-51.34%). 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
39.40%from £8.97K 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 VIRTUS INSURANCE SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-12.1%vs 2022-6.2% a year compound (CAGR)
Cash in Bank
-67.9%vs 2022-43.4% a year compound (CAGR)
Total Assets
-18.5%vs 2022-9.7% a year compound (CAGR)
Total Liabilities
-19.8%vs 2022-10.4% a year compound (CAGR)
Employees
+33.3%vs 2022+1Biggest increase
Employees+33.3%
3 in 2022 to 4 in 2024
Biggest decrease
Cash in Bank-67.9%
£46.43K in 2022 to £14.90K in 2024
VIRTUS INSURANCE SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VIRTUS INSURANCE SOLUTIONS 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
- 18.37%2024
- Liabilities to total assets
- 80.37%2024
- Cash to liabilities
- 27.25%2024
- Cash to total assets
- 21.90%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 VIRTUS INSURANCE SOLUTIONS 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£ | 12.12K | 14.21K | 8.97K | 12.50K |
| Total Assets£ | 66.84K | 83.45K | 70.86K | 68.04K |
| Cash in Bank£ | 46.09K | 46.43K | 30.62K | 14.90K |
| Total Liabilities£ | 53.23K | 68.19K | 61.49K | 54.69K |
| Employees | 3 | 3 | 3 | 4 |
VIRTUS INSURANCE SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has VIRTUS INSURANCE SOLUTIONS LIMITED filed financial statements?
Yes. Okredo holds filed figures for VIRTUS INSURANCE SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did VIRTUS INSURANCE SOLUTIONS LIMITED report in 2024?
VIRTUS INSURANCE SOLUTIONS LIMITED reported net assets of £12.50K for 2024. That compares with £8.97K in 2023, a change of 39.40%.
What total assets did VIRTUS INSURANCE SOLUTIONS LIMITED report in 2024?
VIRTUS INSURANCE SOLUTIONS LIMITED reported total assets of £68.04K for 2024. That compares with £70.86K in 2023, a change of -3.98%.
What cash in bank did VIRTUS INSURANCE SOLUTIONS LIMITED report in 2024?
VIRTUS INSURANCE SOLUTIONS LIMITED reported cash in bank of £14.90K for 2024. That compares with £30.62K in 2023, a change of -51.34%.
How many people does VIRTUS INSURANCE SOLUTIONS LIMITED employ?
VIRTUS INSURANCE SOLUTIONS LIMITED reported 4 employees in 2024, compared with 3 in 2023.
How have VIRTUS INSURANCE SOLUTIONS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, VIRTUS INSURANCE SOLUTIONS LIMITED's net assets fell by 12.1%, cash in bank fell by 67.9%, total assets fell by 18.5% and total liabilities fell by 19.8%. Net assets contracted at 6.2% a year across the two years to 2024, from £14.21K to £12.50K. Reported headcount went from 3 in 2022 to 4 in 2024 (+1).
Which years of VIRTUS INSURANCE SOLUTIONS LIMITED financial data are available?
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.