VIRTUAL LEARNING ACADEMY LIMITED
Company number SC456515 · Monitor this company
Executive summary
Virtual Learning Academy Limited demonstrates the characteristic financial profile of a small Scottish education consultancy: asset-light with reasonable liquidity but significant earnings volatility. The company has strengthened its balance sheet considerably since the 2018 nadir, eliminating bank debt entirely and building cash reserves to £43,394 – a meaningful achievement for a 7-person operation. However, the 70% increase in trade debtors and the historical pattern of dramatic net asset swings (from £25,741 to £764 to £36,606 over three successive years) indicate revenue concentration risk typical of micro-consultancies dependent on a limited client portfolio. The business occupies a defensible niche at the intersection of management consultancy and digital education delivery, but its Highland location and limited scale constrain its competitive positioning against larger national providers for significant public sector frameworks. Current trading appears positive, with retained profits of approximately £14,000 in FY2026 and a healthy current ratio of 1.49x, though sustained growth will likely require strategic investment in platform technology and geographic market expansion.
Shareholders' funds
£36,606
Balance sheet as at 2026-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2013-08-12
- Employees
- 7 (2026 accounts)
- Registered office
- Westbrook House, Corkscrew, Alness, Scotland, IV17 0XE
- Postcode
- IV17 0XE
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-07-31
- Next due by
- 2027-08-14
Nature of business (SIC)
- 70229 Management consultancy activities other than financial management
- 85590 Other education not elsewhere classified
Officers 1 current · 2 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZA798283 (Tier 1), registered since 2020.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- virtuallearningacademy.co.uk
Previous registered addresses 1
| Address | Changed on |
|---|---|
| SUITE22 MORRICH HOUSE, DAVIDSON DRIVE CASTLE AVENUE INDUSTRIAL ESTATE, INVERGORDON, ROSS-SHIRE, IV18 0SA | 2016-09-26 |
Among its peers
3rd largest employer
of 115 similar companies in IV, with 7 staff. Among the oldest 25% of its local peers.
Competitors Inverness
-
3. HUBERT LTD
This company ranks 45 among management consultancy activities other than financial management in Inverness.
The class of 2013
25%
of the 21,932 companies in this sector incorporated in 2013 are still active today; 72% have since been dissolved.
A fact about the year, not a forecast for this company.