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Varitronix (U.K.) Limited

02496978

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

82 SAINT JOHN STREET, EC1M 4JN
Incorporated 27/04/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Michael William John Burke

director · Since 14/09/2009

MANAGING DIRECTOR

BRITISH · Age 57

Samantha Ko Wing Yan

director · Since 31/03/2015

DIRECTOR

CHINESE · HONG KONG · Age 47

Pak Chi Lo

director · Since 29/09/2025

GENERAL MANAGER

CHINESE · HONG KONG · Age 52

CompanyRankvs 598+ SIC 82990 peers
79

Financial strength100th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the impact of particular transactions, other events and conditions on the entity's financial position and financial performance; and make an assessment of the company's ability to continue as a going concern. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the

Key FinancialsYear ending 31/12/2025

Net Worth

£15.7M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£15.6M

Working capital

Current Assets

£22.5M

Current Liabilities

£6.9M

Debtors

£6.4M

Cost of Sales

£32.2M

Admin Expenses

£2.5M

Profit After Tax

£1.0M

13avg. employees

Tax at Year End(2024)

Corp tax£0

People Costs

Wages & salaries£931k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20253.26

Derived from filed accounts. Not audited figures.