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Varioline3 Uk Ltd

08811017

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

C/O ALIS ACCOUNTAX, SUITE 1, FIRST FLOOR, LONDON, E4 6ST
Incorporated 11/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mr Hassan Iqbal

director · Since 11/12/2013

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 12 other boards

Mr Arif Zahoor Sheikh

director · Since 15/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 4 other boards

Mr Amir Arif Sheikh

director · Since 17/01/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 14 other boards

Persons with Significant Control

Mr Arif Zahoor Sheikh

25–50% shares

British · England · Age 66

C/O Alis Accountax, Suite 1, First Floor, 81 Old Church Road, London, E4 6ST

Notified 15/10/2021

Mrs Samina Iqbal

25–50% shares

British · England · Age 57

C/O Alis Accountax, Suite 1, First Floor, 81 Old Church Road, London, E4 6ST

Notified 08/08/2024

Former PSCs

Mr Amir Arif Sheikh

Ceased 01/02/2018

Mr Hassan Iqbal

Ceased 08/08/2024

Mr Raza Shah

Ceased 31/08/2021

Mr Amir Arif Sheikh

Ceased 15/10/2021

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 15/04/2014Registered 16/04/2014

CompanyRankvs 2567+ SIC 56290 peers
63

Financial strength96th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2567Varioline3 Uk Ltd
68
How is this score calculated?
Financial strength24/25 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.

Liquidity6/20 pts

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

Longevity13/15 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 30/04/2025

Net Worth

£278k

Balance sheet strength

Cash

£154k

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£246k

Current Liabilities

£295k

Fixed Assets

£922k

Debtors

£46k

116avg. employees

Tax at Year End(2022)

Corp tax£56k
VAT£117k

Balance Sheet

Assets less current liabilities£873k
Signed by 2024-05-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.84+£0—
20250.84+£16k—
20241.02+£42k—
20231.26-£2k—
20221.42-£9k£2.3M
20211.34-£16k£2.0M
20200.97+£67k—
20190.67——

Derived from filed accounts. Not audited figures.