Varma Group Ltd
09956100
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/03/2019
CEO
BRITISH · ENGLAND · Age 48
Also on 6 other boards
Persons with Significant Control
Mr Sreejith Varma Sreekrishna Varma
British · England · Age 48
15-17, Upper George Street, Luton, LU1 2RD
Notified 10/12/2021
Former PSCs
Mrs Justyna Varma
Ceased 06/02/2024
Charges1 outstanding
BIRMINGHAM BANK LIMITED
TOGETHER COMMERCIAL FINANCE LTD
TOGETHER COMMERCIAL FINANCE LTD
CompanyRankvs 138971+ SIC 68100 peers21
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
-£115k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£454k
Working capital
Current Assets
£10k
Current Liabilities
£465k
Fixed Assets
£342k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.02 | -£116k |
| 2024 | 1.01 | — |
| 2023 | 1.09 | — |
| 2022 | 0.96 | — |
| 2021 | 0.33 | — |
| 2020 | 0.90 | — |
Derived from filed accounts. Not audited figures.