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Varney Surfaces Ltd

09244149

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

BROAD OAK FARM, CRANBROOK, TN17 2NJ
Incorporated 01/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Justin Noel Varney

director · Since 01/10/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Mr Justin Noel Varney

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

British · United Kingdom · Age 51

1 Loder Close, Lenham, Maidstone, ME17 2AQ

Notified 06/04/2016

Former PSCs

Mrs Natasha Beth Varney

Ceased 17/11/2022

CompanyRankvs 50526+ SIC 41202 peers
36

Financial strength8th percentile among SIC peers · 2/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 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.

Longevity12/15 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 30/09/2024

Net Worth

-£24k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£16k

Current Liabilities

£45k

Fixed Assets

£7k

Debtors

£6k

1avg. employees

Tax at Year End

Corp tax-£6k
VAT£409

Director Loans

Company owes directors£2k
Directors owe company£14k

Balance Sheet

Assets less current liabilities-£22k
Signed by Mr Justin Varney 24/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20240.35£8k
20230.70£43k

Derived from filed accounts. Not audited figures.