Back to search

Varto Properties Limited

13018738

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

91A OLD SHOREHAM ROAD, HOVE, BN3 7AQ
Incorporated 15/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Ilhan Akbal

director · Since 15/11/2020

DIRECTOR

BRITISH,TURKISH · ENGLAND · Age 52

Also on 7 other boards

Mr Mehmet Akbal

director · Since 15/11/2020

SOLICITOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Mehmet Akbal

25–50% shares
25–50% votes
Appoint directors

British · England · Age 39

91a, Old Shoreham Road, Hove, BN3 7AQ

Notified 15/11/2020

Mr Ilhan Akbal

25–50% shares
25–50% votes
Appoint directors

British,Turkish · England · Age 52

91a, Old Shoreham Road, Hove, BN3 7AQ

Notified 15/11/2020

Charges1 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 22/03/2021Registered 28/03/2021

CompanyRankvs 207016+ SIC 68209 peers
27

Financial strength53th percentile among SIC peers · 13/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
207016Varto Properties Limited
36
How is this score calculated?
Financial strength13/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 30/11/2024

Net Worth

£4k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£177k

Working capital

Current Assets

—

Current Liabilities

£189k

Fixed Assets

£181k

0avg. employees

Balance Sheet

Intangible assets£175k
Bank loans & overdrafts£9k
Assets less current liabilities£4k
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2024+£6k
2023+£12k
2022-£10k

Derived from filed accounts. Not audited figures.