Virgin Enterrpises limited was conceived by Sir Richard Branson in 1970 and since then the Virgin group has gone on to one of the most successful businesses worldwide and in an incredible array of sectors.
Virgin group cover mobile telephony, travel, financial services, leisure, music, holidays and health & wellness. Virgin employ about 50 thousands people in 34 countries and revenues exceeded £13 Billion in 2011.
Virgin entered the world of online bingo in 2004 when they were then powered by by the network and software provider Virtuefusion (Playtech). It is not clear as to why they switched their provider in January 2013.
However, one may suspect that the acquisition of Virtue Fusion by playtech may have had influenced the muti-business group to switch to GameSys which is a UK based bespoke software developer and service provider and one of the leading gaming businesses.
Virgin Enterprises limited frequently creates partnerships with others and excels in combining skills, knowledge, and operational expertise from a range of industries to build exciting and successful companies.The global power of the Virgin brand; Richard Branson’s personal reputation; their unrivalled network of friends, contacts and partners; the Virgin management style; the empowerment of staff; and of course a large helping of Virgin flair all contribute to the success of their ventures.
They always welcome new ideas and enterpreneurs and have a dedicated section on their site for any one who may push an idea forward at http://www.virgin.com/entrepreneur/got-a-big-idea.
The latest Annual Accounts submitted to Companies House for the year up to 31/03/2012 reported 'cash at bank' of £5,532,000, 'liabilities' worth £116,014,000, 'net worth' of £59,934,000 and 'assets' worth £178,176,000. Virgin Enterprises Limited's risk score was amended on 14/02/2013