Virtual Msp Limited

Virtual Msp Limited, based in Herne Bay, UK, is a small holding company with an active status. Founded seven years ago in March 2018, the company employs just one person and holds £73,859 in assets. It has two directors and a single owner, and operates as an irregular importer, primarily dealing in optical and medical tools and devices, with its last import activity occurring over four years ago in May 2020.

The company’s website, virtualadministrator.com, positions itself as a provider of managed services business solutions. It offers a suite of tools and software, including Go!Manage MSP, Remote Support Tool, Mailprotector (mail filtering and encryption), SonicWall GMS, Intronis (backup solutions), and Neushield (ransomware protection). The site targets small MSPs (Managed Service Providers), offering them a “puzzle-piece” approach to building a recurring revenue stream. It highlights partnerships with industry-leading brands and provides resources like a blog and support ticketing system. The site is very clear about what they do, offering tools for MSPs to launch and grow their businesses.

Financially, Virtual Msp Limited is showing some concerning trends. Cash bank on hand has decreased significantly by 74%, dropping to just £1,300. Net assets have also declined by 6.7%, settling at -£44,000. While trade debtors have increased by 18%, suggesting improved collections, creditors have also risen, and bank borrowings have increased, indicating a reliance on external funding. The company's small size (meeting two of three criteria for a small company) means it avoids an audit, and the accounts are unaudited.

Overall, Virtual Msp Limited appears to be facing financial pressures, despite its clear business model and targeted services. The decline in cash reserves and the negative equity raise questions about its long-term sustainability, but the growth in trade debtors suggests some success in managing customer payments.

Registered in England/Wales under the registration number 11257762, with a registered address at CT6 7FE, England, Herne Bay, 2a Herne Business Park.

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