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Varmel Ltd

12114132

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

2 DEANWAY TECHNOLOGY CENTRE WILMSLOW ROAD, WILMSLOW, SK9 3FB
Incorporated 20/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Geoffrey Dowdall

director · Since 20/07/2019

PROJECT MANAGER

BRITISH · ENGLAND · Age 66

Also on 6 other boards

Persons with Significant Control

Mr Geoffrey Dowdall

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

British · England · Age 66

2 Deanway Technology Centre, Wilmslow Road, Wilmslow, SK9 3FB

Notified 20/07/2019

CompanyRankvs 161940+ SIC 70229 peers
37

Financial strength13th percentile among SIC peers · 3/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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161940Varmel Ltd
32
How is this score calculated?
Financial strength3/25 pts

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

Employees6/15 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.

Longevity7/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2025

Net Worth

-£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£17k

Current Liabilities

£19k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£381
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.88-£16k
20241.37-£13k
20231.95+£11k
20222.18+£12k
20214.24-£24k
20206.05—

Derived from filed accounts. Not audited figures.