Varis Capital Ltd
09710795
Notable Risks
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
- 7 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 29/07/2026
Due 12/08/2027
Industry
Officers
director · Since 30/07/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 4 other boards
Persons with Significant Control
Mr Vivek Priya Dass Mahan
British · England · Age 55
Spitalfields House, Stirling Way, Borehamwood, WD6 2FX
Notified 07/04/2016
Charges7 outstanding
QUANTUM MORTGAGES LIMITED
PARAGON BANK PLC
PARATUS AMC LIMITED
PARAGON BANK PLC
METRO BANK PLC
METRO BANK PLC
METRO BANK PLC
METRO BANK PLC
METRO BANK PLC
Insolvency History1 case
Joseph Antony Pitt (receiver manager) · James Robert Scott Davies (receiver manager)
Change History
Active
Private Limited Company
SPITALFIELDS HOUSE
BOREHAMWOOD
CompanyRankvs 25314+ SIC 68100 peers47
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Insolvency history: -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
£245k
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
-£502k
Working capital
Current Assets
£1.6M
Current Liabilities
£2.1M
Fixed Assets
£2.2M
Debtors
£1.3M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.76 | -£35k |
| 2023 | 0.69 | — |
Derived from filed accounts. Not audited figures.