Varentech Ltd
10935644
Some Concerns
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/10/2020
IT PROFESSIONAL
BRITISH · UNITED KINGDOM · Age 50
Also on 2 other boards
CompanyRankvs 38313+ SIC 62012 peers38
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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.
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
-£14k
Balance sheet strength
Cash
£500
Cash in the bank
Net Current Assets
-£306
Working capital
Current Assets
—
Current Liabilities
£806
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2024 | — | +£0 |
| 2023 | 4.92 | -£4k |
| 2022 | 8.37 | — |
| 2021 | 1.65 | — |
| 2020 | 1.79 | -£7k |
| 2019 | 2.49 | +£8k |
| 2018 | 2.53 | — |
Derived from filed accounts. Not audited figures.