Vars Electrical Contractors Ltd
12363864
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 15/12/2025
Due 29/12/2026
Industry
Officers
director · Since 16/12/2019
DIRECTOR
ENGLISH · ENGLAND · Age 36
Also on 3 other boards
Persons with Significant Control
Mr Joseph Daniel Grapes
English · England · Age 36
Hill Top House, 302 Ringinglow Road, Sheffield, S11 7PX
Notified 16/12/2019
CompanyRankvs 11084+ SIC 43210 peers66
Show leaderboard
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 31/12/2024
Net Worth
£95k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
£89k
Working capital
Current Assets
£345k
Current Liabilities
£256k
Fixed Assets
£21k
Debtors
£331k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.35 | +£29k |
| 2023 | 1.64 | -£49k |
| 2022 | 3.47 | +£64k |
| 2021 | 4.60 | +£30k |
| 2020 | 1.86 | — |
Derived from filed accounts. Not audited figures.