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Varbud Construction Company Limited

01674770

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 10 GROUND FLOOR, SILICON BUSINESS CENTRE, PERIVALE, UB6 7JD
Incorporated 01/11/1982

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 19/09/2025

Due 03/10/2026

On track

Industry

41100
Development of building projects
41202
Construction of domestic buildings

Officers

Ramesh Mavji Ruda Patel

director · Since 06/12/1991

QUANTITY SURVEYOR

BRITISH · ENGLAND · Age 67

Also on 4 other boards

Mrs Laxmi Patel

secretary · Since 19/03/1993

BRITISH · UNITED KINGDOM · Age 64

Also on 6 other boards

Persons with Significant Control

Mr Ramesh Mavji Ruda Patel

25–50% shares

British · England · Age 67

Unit 10, Ground Floor, Silicon Business Centre, Perivale, UB6 7JD

Notified 06/04/2016

Mrs Laxmi Patel

25–50% shares

British · England · Age 64

Unit 10, Ground Floor, Silicon Business Centre, Perivale, UB6 7JD

Notified 06/04/2016

Former PSCs

Mr Bhimji Karsan Kerai

Ceased 17/09/2019

Charges1 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 30/05/1997Registered 31/05/1997
charge
satisfied

EQUATERIAL BANK PLC

Created 21/09/1990Registered 05/10/1990Satisfied 05/08/1994
charge
satisfied

EQUATORIAL BANK PLC

Created 21/09/1990Registered 03/10/1990Satisfied 05/08/1994
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/10/1988Registered 01/11/1988Satisfied 05/08/1994

CompanyRankvs 27501+ SIC 41100 peers
51

Financial strength72th percentile among SIC peers · 18/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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27501Varbud Construction Company Limited
57
How is this score calculated?
Financial strength18/25 pts

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

Employees7/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

£34k

Balance sheet strength

Cash

£30

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£124k

Current Liabilities

£144k

Debtors

£124k

1avg. employees

Balance Sheet

Assets less current liabilities-£20k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.86+£0
20240.87+£0
20230.88+£0
20220.89+£0
20210.91+£0
20200.89+£0
20190.89—

Derived from filed accounts. Not audited figures.