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Varley Homes Ltd

05033527

active
Private Limited Company
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

43 HIGH STREET, OLDHAM, OL3 6HS
Incorporated 03/02/2004

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 03/02/2026

Due 17/02/2027

On track

Industry

41202
Construction of domestic buildings
43390
Other building completion and finishing

Officers

Cathie Legg

secretary · Since 05/02/2004

BRITISH · ENGLAND · Age 74

Mr Derek Legg

director · Since 05/02/2004

DEVELOPER

BRITISH · ENGLAND · Age 76

Persons with Significant Control

Mr Derek Legg

50–75% shares
50–75% votes
Appoint directors

British · England · Age 76

43, High Street, Oldham, OL3 6HS

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

THE CO-OPERATIVE BANK PLC

Created 07/01/2008Registered 23/01/2008
charge
outstanding

THE CO-OPERATIVE BANK PLC

Created 10/06/2004Registered 12/06/2004
charge
outstanding

THE CO-OPERATIVE BANK PLC

Created 10/06/2004Registered 12/06/2004

CompanyRankvs 50966+ SIC 41202 peers
29

Financial strength2th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.56× · 6/20
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 strength1/25 pts

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

Employees2/15 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

-£153k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£153k

Working capital

Current Assets

£194k

Current Liabilities

£347k

0avg. employees

Balance Sheet

Assets less current liabilities-£153k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56+£1k
20240.56+£0
20230.56-£120
20220.56+£0
20210.56-£1k
20200.56+£0
20190.56

Derived from filed accounts. Not audited figures.