VIRTUAL CLASS LTD - Profile & Financials

Accounts Submitted 21 Jul 2025

Confirmation Statement Submitted 16 Oct 2025

Net assets £-627.90K £1.00M 2024 year on year

Total assets £1.65M £1.30M 2024 year on year

Total Liabilities £2.28M £301.48K 2024 year on year

Charges 1

1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

68 Hanbury Street London E1 5JL England

Telephone

00442037710095

hello@thirdspacelearning.com

Website

thirdspacelearning.com

Credit Report

Discover VIRTUAL CLASS LTD's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2017–2024)

Cash in Bank

£874.80k

Decreased by £638.11k (-42%)

Net Assets

-£627.90k

Decreased by £1.00M (-269%)

Total Liabilities

£2.28M

Decreased by £301.48k (-12%)

Turnover

N/A

Employees

N/A

Debt Ratio

138%

Increased by 51 (+59%)

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

£169k awarded

Show:

Investors (0)

No investor information available

Share Capital

Share allotments and capital structure

16 Allotments 343,750 Shares £2.36m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
19 Jun 2025	G3 GROWTH	50	£0.13	£0.13
11 Jun 2025	G3 GROWTH	25,560	£3k	£0.13
22 Oct 2024	E SHARES	4,748	£50k	£10.53
18 Oct 2024	E SHARES	2,849	£30k	£10.53
17 Oct 2024	E SHARES	9,497	£100k	£10.53

Officers

4 active 12 resigned

Show resigned officers

						Status
Lynn Angharad Chandler	Secretary	Unknown	Unknown	—	5 Jan 2015	Active
Meganne Grace Houghton-berry	Director	British	United States	66	17 Oct 2024	Active
Richard Alun Lewis	Director	British	England	52	5 Apr 2019	Active
Thomas Edward Huntly Hooper	Director	British	England	46	19 Oct 2012	Active

Shareholders

Shareholders (150)


William Arthur Hobhouse	0.0%	1,424	Ordinary	16 Oct 2025
William Morris Nicholls	0.0%	850	Ordinary	16 Oct 2025
William Henry North	0.0%	298	Ordinary	16 Oct 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Foresight Ventures Vct Plc

United Kingdom

Active

Notified 15 Nov 2024

Nature of Control

Voting Rights 25 To 50 Percent

Thomas Edward Huntly Hooper

Ceased 18 Aug 2017

Ceased

See All Controllers

Group Structure

FORESIGHT VENTURES VCT PLC united kingdom

VIRTUAL CLASS LTD Current Company

Charges

1 satisfied

Documents

Company Filings

Date	Category	Description	Document
16 Oct 2025	Confirmation Statement	Confirmation statement made on 2025-10-16 with updates	View(19 pages)
11 Sept 2025	Capital	Capital Name Of Class Of Shares	View(2 pages)
21 Jul 2025	Accounts	Annual accounts made up to 2024-07-31	View(21 pages)
16 Jul 2025	Capital	Capital Variation Of Rights Attached To Shares	View(3 pages)
1 Jul 2025	Capital	Allotment of shares (GBP 133,190.57) on 2025-06-19	View(5 pages)