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Varicon (3d) Drives Limited

06288190

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

MEREBROOK BUSINESS PARK, MALVERN, WR13 6NP
Incorporated 21/06/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33140
Repair of electrical equipment

Officers

Mr James Chaplin

director · Since 14/06/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 4 other boards

Mrs Joanne Heaton

secretary · Since 29/10/2024

Persons with Significant Control

Immy (Malvern) Limited

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

C/O Varicon (3d) Drives Ltd, Merebrook Business Park, Malvern, WR13 6NP

Reg: 13081760 · Register Of Companies England And Wales · Private Limited Company

Notified 21/12/2020

Former PSCs

Mrs Mercitha Helene Guest

Ceased 21/12/2020

Mr David Curtis Guest

Ceased 21/12/2020

Charges0 outstanding

Charge
satisfied

DAVID CURTIS GUEST · MERCITHA HELENE GUEST

Created 21/12/2020Registered 22/12/2020Satisfied 07/04/2026

CompanyRankvs 24+ SIC 33140 peers
90

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.42× · 20/20
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 strength25/25 pts

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

Employees15/15 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.

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

Key FinancialsYear ending 31/03/2023

Net Worth

£3.4M

Balance sheet strength

Cash

£173k

Cash in the bank

Net Current Assets

£3.3M

Working capital

Current Assets

£4.2M

Current Liabilities

£951k

Fixed Assets

£172k

Debtors

£4.0M

19avg. employees

Balance Sheet

Intangible assets£116k
Bank loans & overdrafts£55k
Assets less current liabilities£3.4M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20234.42

Derived from filed accounts. Not audited figures.