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Old Acorns Limited

10770330

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • 14 outstanding charges (-10)

Details

2a Monahan Avenue, Purley, CR8 3BA
Incorporated 15/05/2017

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/05/2026

Due 16/05/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Manoj Kantilal Varu

secretary · Since 15/05/2017

Also on 2 other boards

Mr Manoj Kantilal Varu

director · Since 15/05/2017

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Mrs Varsha Varu

director · Since 15/05/2017

ACTUARY

BRITISH · UNITED KINGDOM · Age 55

Manoj Kantilal Varu

secretary · Since 15/05/2017

Manoj Kantilal Varu

director · Since 15/05/2017

British · United Kingdom · Age 61

Varsha Varu

director · Since 15/05/2017

British · United Kingdom · Age 55

Persons with Significant Control

Mr Manoj Kantilal Varu

25–50% shares
25–50% votes

British · United Kingdom · Age 61

2a, Monahan Avenue, Purley, CR8 3BA

Notified 15/05/2017

Mrs Varsha Varu

25–50% shares
25–50% votes

British · United Kingdom · Age 55

2a, Monahan Avenue, Purley, CR8 3BA

Notified 15/05/2017

Charges14 outstanding

A registered charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 28/08/2026Registered 07/09/2026
A registered charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 01/09/2026Registered 04/09/2026
A registered charge
satisfied

FUNDING 365 PROPERTY LIMITED

Created 30/10/2024Registered 07/07/2026Satisfied 07/07/2026
A registered charge
satisfied

PARAGON BANK PLC

Created 24/06/2021Registered 06/07/2026Satisfied 06/07/2026
A registered charge
satisfied

PARAGON BANK PLC · PARAGON MORTGAGES (2010) LIMITED

Created 14/08/2018Registered 01/07/2026Satisfied 01/07/2026
Charge
outstanding

PARAGON BANK PLC

Created 27/11/2025Registered 04/12/2025
Charge
satisfied

PARAGON BANK PLC

Created 27/11/2025Registered 02/12/2025Satisfied 08/01/2026
Charge
outstanding

FUNDING 365 PROPERTY LIMITED

Created 30/10/2024Registered 08/11/2024
Charge
outstanding

FUNDING 365 PROPERTY LIMITED

Created 30/10/2024Registered 08/11/2024
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 13/10/2023Registered 16/10/2023
Charge
outstanding

PARAGON BANK PLC

Created 27/08/2021Registered 07/09/2021
Charge
outstanding

PARAGON BANK PLC

Created 28/06/2021Registered 19/07/2021
Charge
outstanding

PARAGON BANK PLC

Created 24/06/2021Registered 14/07/2021
Charge
outstanding

PARAGON BANK PLC

Created 03/08/2020Registered 05/08/2020
Charge
outstanding

PARAGON BANK PLC

Created 27/08/2019Registered 30/08/2019
Charge
outstanding

PARAGON BANK PLC

Created 27/08/2019Registered 30/08/2019
Charge
outstanding

PARAGON BANK PLC · PARAGON MORTGAGES (2010) LIMITED

Created 14/08/2018Registered 01/09/2018
Charge
outstanding

PARAGON BANK PLC

Created 14/08/2018Registered 15/08/2018
Charge
satisfied

BELMONT GREEN FINANCE LTD TRADING AS VIDA HOMELOANS

Created 05/07/2017Registered 12/07/2017Satisfied 18/09/2023

Change History

status → active
2026-08-19

Active

type → ltd
2026-08-19

Private Limited Company

address line1 → 2a Monahan Avenue
2026-08-19

2A MONAHAN AVENUE

post town → Purley
2026-08-19

PURLEY

officer appointed → VARU, Manoj Kantilal
2026-08-19
officer appointed → VARU, Manoj Kantilal
2026-08-19
officer appointed → VARU, Varsha
2026-08-19

CompanyRankvs 104290+ SIC 68100 peers
33

Financial strength4th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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104290Old Acorns Limited
39
How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/03/2025

Net Worth

-£93k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£6k

Current Liabilities

£12k

Fixed Assets

£4.0M

Debtors

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£4.0M
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.52-£27k
20240.52-£57k
20230.59—

Derived from filed accounts. Not audited figures.