VIRTUALELEMENTZ LIMITED

💤Zombieactive
SC652703 · ltd · incorporated 2020-01-27
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£-19.3k
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (70/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £19,297

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£19k
Current Assets
£142
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-31
Total assets£-19.3k
Current assets£142
Net assets£-19.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-05-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-02-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2020-01-27
    🏢
    Company incorporated
    As VIRTUALELEMENTZ LIMITED
  8. 2020-01-27
    FOX, David Lawrence appointed
    director
  9. 2020-01-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Lawrence Fox
Individual · English · DOB 03/1989 · age 37
75100%
75–100%board control75-100% shares · 75-100% voting · board control27/01/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Technology · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
VIRAL VIEWS LTD
SC685000 · est 2021 · no financials extracted
5y
VIRIDA LIMITED
SC878179 · est 2026 · no financials extracted
VISIONLY LTD
SC841984 · est 2025 · no financials extracted
1y
VOICESECURE LIMITED
SC337837 · est 2008 · no financials extracted
18y
VOLARO LIMITED
SC248578 · est 2003 · no financials extracted
22y
W.O.B COMMUNICATIONS LTD
SC808948 · est 2024 · no financials extracted
1y
WAGEPERKS LTD
SC824820 · est 2024 · no financials extracted
1y
WALLACE VENTURES (SCOTLAND) LTD
SC751756 · est 2022 · no financials extracted
3y
WAYON LTD
SC847691 · est 2025 · no financials extracted
WILD & KIND CIC
SC571888 · est 2017 · no financials extracted
8y
WILD WHIRLWIND LTD
SC706211 · est 2021 · no financials extracted
4y
WILDCAT COMPUTING LIMITED
SC249623 · est 2003 · no financials extracted
22y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2020-01-27
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

2/2 118 Brunswick Street
Glasgow
Scotland
G1 1TF

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26

Officers (1 active · 0 resigned)

FOX, David Lawrence
director · ~37y · appointed 2020-01-27
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (13 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-02-05
incorporation-company
incorporation · NEWINC
2020-01-27