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Varams Trading Limited

09390581

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

9-11 SUTTONS LANE, HORNCHURCH, RM12 6RD
Incorporated 15/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mrs Valarmathy Sretheran

secretary · Since 15/01/2015

Also on 1 other board

Mr Sretheran Eswarapatham

director · Since 15/01/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Mrs Valarmathy Sretheran

director · Since 15/01/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Persons with Significant Control

Mr Sretheran Eswarapatham

25–50% shares
25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 67

9-11, Suttons Lane, Hornchurch, RM12 6RD

Notified 01/06/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/01/2024Registered 12/01/2024

CompanyRankvs 577+ SIC 47110 peers
73

Financial strength95th percentile among SIC peers · 24/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.48× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees13/15 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.

Longevity11/15 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 31/12/2024

Net Worth

£238k

Balance sheet strength

Cash

£110k

Cash in the bank

Net Current Assets

£189k

Working capital

Current Assets

£231k

Current Liabilities

£42k

Fixed Assets

£49k

Debtors

£84k

7avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20245.48+£19k
20234.03+£28k
20223.88+£37k
20213.18+£43k
20202.69+£45k
20191.40+£8k
20181.28

Derived from filed accounts. Not audited figures.