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Varclin Limited

10002146

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

THE OLD WORKSHOP, SHEFFIELD, S11 9PA
Incorporated 12/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Elizabeth Anne Meeks

director · Since 27/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mrs Elizabeth Anne Meeks

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

British · England · Age 49

The Old Workshop, 1 Ecclesall Road South, Sheffield, S11 9PA

Notified 15/01/2025

Former PSCs

Mr Timothy David Meeks

Ceased 15/01/2025

Charges8 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 04/04/2022Registered 11/04/2022
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 03/12/2021Registered 06/12/2021
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 03/12/2021Registered 06/12/2021
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 18/10/2021Registered 20/10/2021
Charge
satisfied

PARAGON MORTGAGES (2010) LIMITED

Created 19/08/2016Registered 23/08/2016Satisfied 17/02/2022
Charge
satisfied

PARAGON MORTGAGES (2010) LIMITED

Created 19/08/2016Registered 23/08/2016Satisfied 17/02/2022
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 05/08/2016Registered 15/08/2016
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 05/08/2016Registered 15/08/2016
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 29/07/2016Registered 10/08/2016
Charge
outstanding

PARAGON BANK PLC · PARAGON MORTGAGES (2010) LIMITED

Created 29/07/2016Registered 10/08/2016

CompanyRankvs 98501+ SIC 68209 peers
43

Financial strength93th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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98501Varclin Limited
53
How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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.

Longevity10/15 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 28/02/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

-£861k

Working capital

Current Assets

£33k

Current Liabilities

£895k

Fixed Assets

£2.7M

Debtors

£3k

0avg. employees

Balance Sheet

Bank loans & overdrafts£605k
Assets less current liabilities£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04+£353k
20240.04+£128k
20230.01+£87k
20220.02+£81k
20210.01+£297k
20200.01+£56k
20190.04—

Derived from filed accounts. Not audited figures.