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Varivane Industries Limited

00813433

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

UNIT 4 WILLIAM ROAD, DEVIZES, SN10 3EW
Incorporated 21/07/1964

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Martin Curtis Brown

director · Since 01/09/1997

MANAGER

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Mr James Thomas Plant

director · Since 01/06/2004

ACCOUNTANT

BRITISH · ENGLAND · Age 53

James Thomas Plant

secretary · Since 11/04/2010

BRITISH

Persons with Significant Control

Mr Clive Sydney Brown

50–75% shares

British · England · Age 85

Unit 4 William Road, Devizes, SN10 3EW

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 26/05/2006Registered 01/06/2006
charge
outstanding

LLOYDS BANK PLC

Created 12/05/1993Registered 24/05/1993
charge
outstanding

LLOYDS BANK LTD

Created 19/12/1980Registered 08/01/1981

CompanyRankvs 1052+ SIC 25990 peers
72

Financial strength86th percentile among SIC peers · 22/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.54× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£907k

Balance sheet strength

Cash

£616k

Cash in the bank

Net Current Assets

£674k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.3M

Fixed Assets

£487k

Debtors

£669k

23avg. employees

Tax at Year End

Corp tax£41k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.54+£60k
20231.48+£103k
20211.51

Derived from filed accounts. Not audited figures.