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Quavar Ltd

10378571

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

7 CRAIGLEE DRIVE, CARDIFF, CF10 4BN
Incorporated 16/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Salvatore Vara

director · Since 16/09/2016

DIRECTOR

ITALIAN · WALES · Age 39

Also on 5 other boards

Persons with Significant Control

Mr Salvatore Vara

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

Italian · Wales · Age 39

7 Craiglee Drive, Cardiff, CF10 4BN

Notified 16/09/2016

Former PSCs

Mr Antonio Quattrone

Ceased 28/09/2016

Charges3 outstanding

Charge
outstanding

BANK OF SCOTLAND PLC, BIRMINGHAM MIDSHIRES DIVISION

Created 10/04/2026Registered 19/04/2026
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 07/06/2019Registered 18/06/2019
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES TRADING AS PRECISE MORTGAGES

Created 09/01/2017Registered 30/01/2017

CompanyRankvs 97342+ SIC 68100 peers
31

Financial strength21th percentile among SIC peers · 5/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees9/15 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 30/09/2025

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£6k

Current Liabilities

£72k

Fixed Assets

£136k

1avg. employees

Tax at Year End(2018)

Corp tax£140

Balance Sheet

Assets less current liabilities£70k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£3k
20240.06+£1k
20230.03-£1k
20220.04+£997
20210.03-£58
20200.01-£5k

Derived from filed accounts. Not audited figures.