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Varis Investments Limited

09797688

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

SPITALFIELDS HOUSE, BOREHAMWOOD, WD6 2FX
Incorporated 28/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Vivek Priya Dass Mahan

director · Since 28/09/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 4 other boards

Mrs Rashmi Mahan

director · Since 16/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 8 other boards

Persons with Significant Control

Mr Vivek Priya Dass Mahan

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

British · England · Age 55

Spitalfields House, Stirling Way, Borehamwood, WD6 2FX

Notified 27/09/2016

Former PSCs

Mr Anselm Van Den Auwelant

Ceased 19/02/2018

Charges3 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 11/06/2024Registered 14/06/2024
Charge
outstanding

ALDERMORE BANK PLC

Created 11/06/2024Registered 14/06/2024
Charge
satisfied

FINANCECO 1 LIMITED

Created 29/10/2021Registered 01/11/2021Satisfied 02/09/2025
Charge
outstanding

INVESTEC BANK PLC

Created 11/06/2021Registered 30/06/2021
Charge
satisfied

KSEYE CAPITAL HOLDINGS LIMITED

Created 14/08/2020Registered 19/08/2020Satisfied 05/10/2020
Charge
satisfied

KSEYE CAPITAL HOLDINGS LIMITED

Created 19/12/2019Registered 20/12/2019Satisfied 05/10/2020

CompanyRankvs 65508+ SIC 68100 peers
39

Financial strength35th percentile among SIC peers · 9/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.42× · 2/20
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 strength9/25 pts

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

Employees12/15 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.

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

£2

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£1.3M

Current Liabilities

£3.0M

Fixed Assets

£999k

Debtors

£1.3M

2avg. employees

Balance Sheet

Assets less current liabilities-£727k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42
20230.04-£277k
20220.06-£101k
20210.05

Derived from filed accounts. Not audited figures.