VIRTUS HOLDCO LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +35.4%

  £358,995,000 → £486,246,000

• Cash

  -55.4%

  £141,149,000 → £62,927,000

• Net assets

  +42.3%

  £460,410,000 → £655,283,000

• Employees

  +7.3%

  218 → 234

• Operating profit

  -35.2%

  £47,144,000 → £30,559,000

• Profit before tax

  +110%

  -£12,490,000 → £1,243,000

• Wages

  +18.6%

  £20,354,000 → £24,132,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In 2024, the Group recorded a net loss of £2.8m (2023: £9.9m) and a total comprehensive loss of £14.6m (2023: £21.7m). Despite this, the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons.”

Group structure

1. VIRTUS HOLDCO LIMITED · parent
   1. VIRTUS Data Centres Limited 100% · England · Intermediate holding Company
   2. VIRTUS EMEA Holdco Limited 100% · England · Intermediate holding Company
   3. VIRTUS (Data Centres) England Limited 100% · England · Intermediate holding Company
   4. VIRTUS Data Centres Properties 2 Limited 100% · England · Intermediate holding Company
   5. VIRTUS (Enfield) LLP 100% · England · Owner of LONDON1 (Enfield) data centre
   6. Enfield DC Service Company Limited 100% · England · Data centre operator and manager
   7. VIRTUS Hayes Limited 100% · England · Owner of LONDON2 (Hayes) data centre
   8. VIRTUS Enfield (Data Centres) Limited 100% · England · Intermediate holding Company
   9. VIRTUS Slough Limited 100% · England · Owner of LONDON3 and LONDON4 data centre
   10. VIRTUS LONDON 5 Limited 100% · England · Owner of LONDON5 data centre
   11. VIRTUS LONDON 6 Limited 100% · England · Owner of LONDON6 data centre
   12. VIRTUS LONDON 7 Limited 100% · England · Owner of LONDON7 data centre
   13. VIRTUS LONDON 8 Limited 100% · England · Owner of LONDON8 data centre
   14. VIRTUS LONDON 9 Limited 100% · England · Owner of LONDON9 data centre
   15. VIRTUS LONDON 10 Limited 100% · England · Owner of LONDON10 data centre
   16. VIRTUS LONDON 11 Limited 100% · England · Owner of LONDON11 data centre
   17. VIRTUS LONDON 12 Limited 100% · England · SPV holding net assets of future LONDON12 data centre
   18. VIRTUS LONDON 14 Limited 100% · England · SPV holding net assets of future LONDON14 data centre
   19. VIRTUS LONDON 15 Limited 100% · England · SPV holding net assets of future LONDON15 data centre
   20. VIRTUS Germany Holdco GmbH 100% · Germany · Intermediate holding company
   21. VIRTUS Berlin 1 GmbH Germany 100% · Germany · SPV holding net assets of future Berlin 1 data centre
   22. VIRTUS Wustermark 1 Germany GmbH 100% · Germany · SPV holding net assets of future Wustermark 1 data centre
   23. VIRTUS Wustermark 2 Germany GmbH 100% · Germany · SPV holding net assets of future Wustermark 2 data centre
   24. VIRTUS Italy Holdco S.r.l 100% · Italy · Intermediate holding company
   25. VIRTUS Milan 1 S.r.l 100% · Italy · SPV holding net assets of future Milan data centre
   26. VIRTUS Saunderton Campus Limited 100% · England · Intermediate holding Company
   27. VIRTUS Saunderton Limited 100% · England · SPV holding net assets of future Saunderton data centre
   28. Wustermark Netz GmbH 100% · Germany · SPV to operate a closed distribution network to supply electricity to properties of the VIRTUS Group companies at the site in Wustermark

Significant events

• “There were drawdowns of £33.0m from facility loans.”
• “There were £32.0m and £124.0m (£103.m) of equity proceeds received on 20 January 2025.”
• “There was £60.0m (£49.8m) of equity proceeds received on 3 April 2025.”
• “A £25m repayment of the revolving credit facility within the existing SN1 bank facilities had been made.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

4

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.