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Vari Solutions Limited

07888287

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

16 GIBBS COUCH, WATFORD, WD19 5EQ
Incorporated 20/12/2011

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/12/2025

Due 03/01/2027

On track

Industry

62090
Other information technology service activities

Officers

Dharmesh Vinodrai Shah

director · Since 20/12/2011

SOFTWARE ENGINEER

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mrs Ruchi Shah

25–50% shares
25–50% votes

British · England · Age 46

16, Gibbs Couch, Watford, WD19 5EQ

Notified 20/12/2016

Mr Dharmesh Shah

25–50% shares
25–50% votes

British · England · Age 37

16, Gibbs Couch, Watford, WD19 5EQ

Notified 20/12/2016

CompanyRankvs 11991+ SIC 62090 peers
68

Financial strength58th percentile among SIC peers · 14/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees13/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/12/2024

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£478k

Current Liabilities

£475k

Fixed Assets

£1k

3avg. employees+1

Balance Sheet

Assets less current liabilities£4k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.01-£42k
20231.08+£6k
20221.06-£432k
20213.69-£4k
20203.65+£2k
20193.31+£59k
20183.28

Derived from filed accounts. Not audited figures.