VIRTUS DATA CENTRES PROPERTIES 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

  +11.9%

  £32,038,000 → £35,863,000

• Net assets

  -2.2%

  -£105,343,000 → -£107,628,000

• Employees

  +6.2%

  211 → 224

• Operating profit

  -11%

  £50,751,000 → £45,189,000

• Profit before tax

  +242.3%

  -£9,693,000 → £13,797,000

• Wages

  +4.9%

  £19,190,000 → £20,130,000

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.

1. VIRTUS DATA CENTRES PROPERTIES LIMITED 2015-11-11 → present
2. VIRTUS IMH PARENT LIMITED 2015-10-23 → 2015-11-11

Accounting basis

UK-adopted IFRS

Reporting scope

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared cash flow forecasts and performed a going concern assessment which indicates that, in both the base and reasonably possible downsides, the company will require significant additional funds. In order to meet the committed costs of developing additional data centre sites in the UK and EMEA, it is reliant on financial support from its intermediate holding companies, STT GDC Pte Ltd and MEIF 7 Tigru Bidco Limited. STT GDC Pte Ltd and MEIF 7 Tigru Bidco Limited have indicated their intention to continue to make available such funds as are needed by the Group for the period covered by the forecasts being a period of not less then 12 months from the date of approval of the financial statements.”

Group structure

1. VIRTUS DATA CENTRES PROPERTIES LIMITED · parent
   1. VIRTUS Hayes Limited 100% · England · Owner of LONDON2 (Hayes) data centre
   2. VIRTUS Enfield (Data Centres) Limited 100% · England · Intermediate holding Company
   3. VIRTUS Slough Limited 100% · England · Owner of LONDON3 and LONDON4 data centres
   4. VIRTUS LONDON 5 Limited 100% · England · Owner of LONDON5 data centre
   5. VIRTUS LONDON 6 Limited 100% · England · Owner of LONDON6 data centre
   6. VIRTUS LONDON 7 Limited 100% · England · Owner of LONDON7 data centre
   7. VIRTUS LONDON 8 Limited 100% · England · Owner of LONDON8 data centre
   8. VIRTUS LONDON 9 Limited 100% · England · Owner of LONDON9 data centre
   9. VIRTUS LONDON 10 Limited 100% · England · Owner of LONDON10 data centre
   10. VIRTUS LONDON 11 Limited 100% · England · Owner of LONDON11 data centre
   11. VIRTUS LONDON 12 Limited 100% · England · SPV holding net assets of future LONDON12 data centre
   12. VIRTUS LONDON 14 Limited 100% · England · SPV to hold net assets of future LONDON14 data centre
   13. VIRTUS LONDON 15 Limited 100% · England · SPV to hold net assets of future LONDON15 data centre
   14. VIRTUS (Enfield) LLP 100% · England · Owner of LONDON1 (Enfield) data centre
   15. Enfield DC Service Company Limited 100% · England · Data centre operator and manager

Significant events

• “Drawdowns of £38.0m from facility loans.”
• “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

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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.