Varion Ltd
12561560
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/04/2025
micro entity
Next accounts due
31/01/2027
Confirmation statement
Last: 29/04/2026
Due 13/05/2027
Industry
Officers
secretary · Since 17/04/2020
director · Since 17/04/2020
BUSINESS PERSON
BRITISH · ENGLAND · Age 59
Also on 2 other boards
Persons with Significant Control
Dr Vandana Mannan
British · England · Age 59
109, Coleman Road, Leicester, LE5 4LE
Notified 17/04/2020
Charges1 outstanding
PARAGON BANK PLC
CompanyRankvs 107302+ SIC 96090 peers15
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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.
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 30/04/2025
Net Worth
-£12k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£81k
Working capital
Current Assets
£5k
Current Liabilities
£86k
Fixed Assets
£225k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | -£3k |
| 2024 | 0.07 | -£394 |
| 2023 | 0.05 | -£10k |
| 2022 | 0.03 | — |
| 2021 | 0.02 | — |
Derived from filed accounts. Not audited figures.