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Avar Limited

05924318

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

AVAR SUITES, BUILDING 3, NORTH LONDON BUSINESS PARK, LONDON, N11 1GN
Incorporated 04/09/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Ashok Varma

director · Since 04/09/2006

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 72

Also on 44 other boards

Persons with Significant Control

Mr Ashok Varma

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 72

Avar Suites, Building 3,, North London Business Park, London, N11 1GN

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 15/06/2009Registered 18/06/2009

CompanyRankvs 356060+ SIC 69201 peers
24

Financial strength0th percentile among SIC peers · 0/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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35606Avar Limited
34
How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 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

-£246k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£246k

Working capital

Current Assets

£106k

Current Liabilities

£352k

0avg. employees-3

Balance Sheet

Assets less current liabilities-£246k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30-£2k
20240.30+£13k
20230.23-£176k
20220.06-£42k
2021-0.05+£134k
20200.25+£58k
20190.35—

Derived from filed accounts. Not audited figures.