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Cher Varya Development Limited

07046891

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

5 RIVERSIDE HOUSE HERON WAY, TRURO, TR1 2XN
Incorporated 16/10/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

81100
Combined facilities support activities

Officers

Mr Leigh Raymond Ibbotson

director · Since 16/10/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 5 other boards

Mrs Lesley Sharon Ibbotson

director · Since 16/10/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

Mr Leigh Raymond Ibbotson

25–50% shares
25–50% votes

British · United Kingdom · Age 64

5, Riverside House, Truro, TR1 2XN

Notified 06/04/2016

Mrs Lesley Sharon Ibbotson

25–50% shares
25–50% votes

British · United Kingdom · Age 64

5, Riverside House, Truro, TR1 2XN

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 24/11/2011Registered 30/11/2011Satisfied 13/01/2020
charge
satisfied

LLOYDS TSB BANK PLC

Created 18/04/2011Registered 19/04/2011Satisfied 02/12/2019
charge
satisfied

LLOYDS TSB BANK PLC

Created 30/11/2010Registered 01/12/2010Satisfied 02/12/2019

CompanyRankvs 2290+ SIC 81100 peers
85

Financial strength99th percentile among SIC peers · 25/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 5.48× · 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.

Employees10/15 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 31/03/2025

Net Worth

£2.5M

Balance sheet strength

Cash

£170k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.6M

Current Liabilities

£473k

Fixed Assets

£387k

Debtors

£2.4M

2avg. employees

Balance Sheet

Assets less current liabilities£2.5M
Signed by Mr Leigh Ibbotson 10th December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.48+£88k
202411.67+£89k
20232.53+£19k
20222.76+£66k
20211.10-£133k
20200.73+£83k
20190.55

Derived from filed accounts. Not audited figures.