VIRGIN RED LIMITED

Active London

Other professional, scientific and technical activities n.e.c.

206 employees website.com
Other professional, scientific and technical activities n.e.c.
V

VIRGIN RED LIMITED

Other professional, scientific and technical activities n.e.c.

Founded 30 Jul 2018 Active London, United Kingdom 206 employees website.com
Other professional, scientific and technical activities n.e.c.

Previous Company Names

VIRGIN GROUP LOYALTY COMPANY LIMITED 17 Aug 2018 — 2 Dec 2019
MACSCO 94 LIMITED 30 Jul 2018 — 17 Aug 2018
Accounts Submitted 2 Oct 2025 Next due 30 Sept 2026 4 months remaining
Confirmation Submitted 31 Jan 2026 Next due 13 Feb 2027 9 months remaining
Net assets £-97M £12M 2024 year on year
Total assets £170M £41M 2024 year on year
Total Liabilities £267M £28M 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

Whitfield Studios 50a Charlotte Street London W1T 2NS United Kingdom

Telephone

0800 000 0000

Website

www.example.com

Full company profile for VIRGIN RED LIMITED (11490861), an active company based in London, United Kingdom. Incorporated 30 Jul 2018. Other professional, scientific and technical activities n.e.c.. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Balance Sheet & P&L (2019–2024)

Cash in Bank

£57.31M

Increased by £28.50M (+99%)

Net Assets

-£97.24M

Increased by £12.17M (+11%)

Total Liabilities

£267.15M

Increased by £28.39M (+12%)

Turnover

£132.77M

Increased by £20.12M (+18%)

Employees

206

Increased by 12 (+6%)

Debt Ratio

157%

Decreased by 28 (-15%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 1,819,654 Shares £181.965 Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
15 Dec 2021861,654£86.165£0
1 Nov 2018958,000£95.8£0

Officers

Officers

1 active 2 resigned
Status
Oliver Mark ByersDirectorBritishUnited Kingdom416 Nov 2020Active

Shareholders

Shareholders (2)

Virgin Holdings Limited
75.0%
Delta Air Lines, Inc.
25.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active 7 Ceased
Active
Notified 31 Dec 2019
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Virgin Atlantic Limited

Ceased 29 Mar 2019

Ceased
Ceased

Richardaa Charles Nicholas Branson

Ceased 31 Dec 2019

Ceased

Virgin Travel Group Limited

Ceased 29 Mar 2019

Ceased

Bibi Rahima Ally

Ceased 20 Aug 2018

Ceased

Delta Air Lines Inc.

Ceased 15 Dec 2021

Ceased

Virgin Atlantic Two Limited

Ceased 29 Mar 2019

Ceased

Group Structure

Group Structure

VIRGIN RED LIMITED Current Company

Charges

Charges

No charges registered

Properties

Properties

2 leasehold 2 total
AddressTenurePrice PaidDate Added
66 Porchester Road, London (W2 6ET) CITY OF WESTMINSTER
Leasehold-23 Aug 2019
Third Floor Premises, 66 Porchester Road, London (W2 6ET) CITY OF WESTMINSTER
Leasehold-12 Aug 2019
66 Porchester Road, London (W2 6ET)
Leasehold
Added 23 Aug 2019
District CITY OF WESTMINSTER
Third Floor Premises, 66 Porchester Road, London (W2 6ET)
Leasehold
Added 12 Aug 2019
District CITY OF WESTMINSTER

Documents

Company Filings

DateCategoryDescriptionDocument
31 Jan 2026Confirmation StatementConfirmation statement made on 30 Jan 2026 with no updates
27 Jan 2026OfficersAppointment of Mr Juha Tapio Jaervinen as director on 1 Jan 2026
19 Jan 2026OfficersTermination of Oliver Mark Byers as director on 31 Dec 2025
19 Jan 2026OfficersTermination of Siobhan Fitzpatrick as director on 31 Dec 2025
6 Nov 2025OfficersAppointment of Mr Joshua Kaehler as director on 20 Oct 2025
31 Jan 2026 Confirmation Statement

Confirmation statement made on 30 Jan 2026 with no updates

27 Jan 2026 Officers

Appointment of Mr Juha Tapio Jaervinen as director on 1 Jan 2026

19 Jan 2026 Officers

Termination of Oliver Mark Byers as director on 31 Dec 2025

19 Jan 2026 Officers

Termination of Siobhan Fitzpatrick as director on 31 Dec 2025

6 Nov 2025 Officers

Appointment of Mr Joshua Kaehler as director on 20 Oct 2025

Recent Activity

Latest Activity

Confirmation statement made on 30 Jan 2026 with no updates

3 months ago on 31 Jan 2026

Appointment of Mr Juha Tapio Jaervinen as director on 1 Jan 2026

3 months ago on 27 Jan 2026

Termination of Oliver Mark Byers as director on 31 Dec 2025

3 months ago on 19 Jan 2026

Termination of Siobhan Fitzpatrick as director on 31 Dec 2025

3 months ago on 19 Jan 2026

Appointment of Mr Joshua Kaehler as director on 20 Oct 2025

6 months ago on 6 Nov 2025