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Varis Leisure Borehamwood Ltd

12528248

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

1ST FLOOR , SPITALFIELDS HOUSE, HERTS, WD6 2FX
Incorporated 20/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93130
Fitness facilities

Officers

Mr Vivek Priya Dass Mahan

director · Since 20/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 9 other boards

Mrs Rashmi Mahan

director · Since 16/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 8 other boards

Persons with Significant Control

Varis Holdings Ltd

75–100% shares

1st Floor, Stirling Way, Borehamwood, WD6 2FX

Reg: 12523567 · England And Wales · Limited Company

Notified 22/05/2026

Former PSCs

Varis Leisure Ltd

Ceased 22/05/2026

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 10/11/2021Registered 01/12/2021

CompanyRankvs 7605+ SIC 93130 peers
23

Financial strength1th percentile among SIC peers · 0/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees10/15 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.

Longevity6/15 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

-£529k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£217k

Current Liabilities

£1.8M

Fixed Assets

£1.2M

Debtors

£202k

2avg. employees-1

Balance Sheet

Intangible assets£15k
Assets less current liabilities-£373k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.12-£158k
20240.14-£121k
20230.18-£200k
20221.40

Derived from filed accounts. Not audited figures.