CompanyTrack
V

VIRGIN RED LIMITED

Active London

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

194 employees Website
Supply chain, manufacturing and commerce models 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 194 employees virgin.com
Supply chain, manufacturing and commerce models Other professional, scientific and technical activities n.e.c.
Accounts Submitted 2 Oct 2025
Confirmation Statement Submitted 24 Jun 2025
Net assets £-109.41M £9.78M 2023 year on year
Total assets £129.36M £33.11M 2023 year on year
Total Liabilities £238.76M £23.33M 2023 year on year
Charges None No charges registered

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Contact & Details

Registered Address

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

Office (London)

66 Porchester Rd, London W2 6ET

Website

virgin.com

Credit Report

Discover VIRGIN RED LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2019–2023)

Cash in Bank

£28.81M

Increased by £7.07M (+33%)

Net Assets

-£109.41M

Increased by £9.78M (+8%)

Total Liabilities

£238.76M

Increased by £23.33M (+11%)

Turnover

£112.65M

Increased by £50.44M (+81%)

Employees

194

Increased by 21 (+12%)

Debt Ratio

185%

Decreased by 39 (-17%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
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

10 active 17 resigned
Status
Andrea Lisa BurchettDirectorBritishUnited Kingdom5726 Sept 2023Active
Claire Ruth Vertel VileSecretaryUnknownUnknown24 Oct 2022Active
Ian Philip WoodsDirectorBritishUnited Kingdom5119 Aug 2018Active
Joshua BaylissDirectorBritishSwitzerland521 Nov 2018Active
Oliver Mark ByersDirectorBritishUnited Kingdom416 Nov 2020Active
Perry A. CantaruttiDirectorAmericanUnited States6116 Oct 2019Active
Peter Michael Russell NorrisDirectorBritishUnited Kingdom7019 Aug 2018Active
Sarah Susan MumfordSecretaryUnknownUnknown1 Apr 2019Active

Shareholders

Shareholders (2)

Virgin Holdings Limited
75.0%
1,422,96029 Jul 2022
Delta Air Lines, Inc
25.0%
474,32029 Jul 2022

Persons with Significant Control

Persons with Significant Control (1)

1 Active 7 Ceased

Virgin Holdings Limited

United Kingdom

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

Richardaa Charles Nicholas Branson

Ceased 31 Dec 2019

Ceased

Virgin Atlantic Limited

Ceased 29 Mar 2019

Ceased

Delta Air Lines Inc.

Ceased 15 Dec 2021

Ceased

Virgin Travel Group Limited

Ceased 29 Mar 2019

Ceased

Virgin Atlantic Two Limited

Ceased 29 Mar 2019

Ceased

Virgin Atlantic Airways Limited

Ceased 29 Mar 2019

Ceased

Bibi Rahima Ally

Ceased 20 Aug 2018

Ceased

Group Structure

Group Structure

VIRGIN HOLDINGS LIMITED united kingdom
VIRGIN RED LIMITED Current Company

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
6 Nov 2025OfficersAppointment of Mr Joshua Kaehler as director on 2025-10-20View(2 pages)
6 Nov 2025OfficersTermination of Steven Douglas Williams as director on 2025-10-31View(1 page)
23 Oct 2025OfficersChange to director Ms Andrea Lisa Burchett on 2025-10-07View(2 pages)
2 Oct 2025AccountsAnnual accounts made up to 2024-12-31View(38 pages)
24 Sept 2025OfficersTermination of Prashant Sharma as director on 2025-09-04View(1 page)
6 Nov 2025 Officers

Appointment of Mr Joshua Kaehler as director on 2025-10-20

6 Nov 2025 Officers

Termination of Steven Douglas Williams as director on 2025-10-31

23 Oct 2025 Officers

Change to director Ms Andrea Lisa Burchett on 2025-10-07

2 Oct 2025 Accounts

Annual accounts made up to 2024-12-31

24 Sept 2025 Officers

Termination of Prashant Sharma as director on 2025-09-04

Recent Activity

Latest Activity

Appointment of Mr Joshua Kaehler as director on 2025-10-20

3 months ago on 6 Nov 2025

Termination of Steven Douglas Williams as director on 2025-10-31

3 months ago on 6 Nov 2025

Change to director Ms Andrea Lisa Burchett on 2025-10-07

3 months ago on 23 Oct 2025

Annual accounts made up to 2024-12-31

4 months ago on 2 Oct 2025

Termination of Prashant Sharma as director on 2025-09-04

4 months ago on 24 Sept 2025