Varsity Property Developers Ltd
12822574
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/08/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 48
Also on 2 other boards
Persons with Significant Control
Mr Alan Farrell
British · United Kingdom · Age 48
651a Mauldeth Road West, Chorlton, Manchester, M21 7SA
Notified 18/08/2020
Mr John Rooney
British · United Kingdom · Age 47
651a Mauldeth Road West, Chorlton, Manchester, M21 7SA
Notified 18/08/2020
Former PSCs
Mr Kevin Ventre
Ceased 11/07/2024
Charges2 outstanding
PARAGON BANK PLC
PARAGON BANK PLC
CompanyRankvs 74264+ SIC 68100 peers37
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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 31/08/2024
Net Worth
£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£74k
Working capital
Current Assets
£20k
Current Liabilities
£95k
Fixed Assets
£78k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.22 | -£377 |
| 2023 | 0.08 | +£534 |
| 2022 | 0.08 | — |
| 2021 | 0.99 | — |
Derived from filed accounts. Not audited figures.