Virta Ltd

Virta Ltd, based in London, UK, is a small holding company with an active status, established five years ago in May 2019. Employing just six people and operating from a virtual address (shared by twenty-one other companies), it’s a relatively modest operation overseen by three directors and one owner. The company regularly imports electrical machinery and equipment – eighteen months of import activity recorded, with the latest in January 2025 – and occasionally exports similar items (two months of export activity, most recently in November 2024).

The company’s website paints a picture of a provider of EV charging solutions. It offers standard and modular charging solutions, migration services, and even carbon credit trading (CO2 Cashback). They cater to a range of industries, including charge point operators, fleets, resellers, and installers. Their services include workplace charging, fleet management, ultrafast charging, and heavy-duty EV charging. They even have a blog with articles about the EV charging market.

Financially, Virta Ltd shows some interesting trends. Accumulated depreciation impairment for property, plant, and equipment increased by 76%, while amounts owed to group undertakings have more than doubled—a significant jump to £670,000. Cash bank on hand, however, has more than doubled to £190,000. Creditors have increased substantially, rising by 180% to £990,000, and trade debtors have exploded by 980% to £840,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the large increase in trade debtors could indicate challenges in collecting payments. The company’s tax expense has also increased dramatically, from £900 to £130,000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on EV charging software and services appears to be growing, with a recent blog post discussing the EU Automotive Act. While the financials suggest some pressures, Virta’s position in a rapidly expanding market could offer opportunities for growth.

Registered in England/Wales under the registration number 12003239, with a registered address at EC2M 4QP, England, London, 288 Bishopsgate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.