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Varo Builders Ltd

05571203

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

14 FIRCREST WAY, ROTHERHAM, S63 7GL
Incorporated 22/09/2005

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 21/09/2025

Due 05/10/2026

On track

Industry

41201
Construction of commercial buildings

Officers

Olga Mernenko

secretary · Since 16/11/2007

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mr Vadim Mernenko

director · Since 16/11/2007

CIVIL ENGINEER

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Vadim Mernenko

75–100% shares

British · England · Age 62

14, Fircrest Way, Rotherham, S63 7GL

Notified 06/04/2016

Mr Vadim Mernenko

75–100% shares

British · England · Age 62

14, Fircrest Way, Rotherham, S63 7GL

Notified 01/08/2017

CompanyRankvs 18163+ SIC 41201 peers
42

Financial strength11th percentile among SIC peers · 3/25
Employees60th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 pts

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

Liquidity0/20 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.

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

Key FinancialsYear ending 28/02/2025

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

Current Liabilities

-£7k

2avg. employees

Balance Sheet

Assets less current liabilities-£3k
Signed by Vadim Mernenko

EstimatesDerived

YearImplied Profit
2025+£736
2024-£2k
2023+£2k
2022-£2k

Derived from filed accounts. Not audited figures.