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Varsys Ltd

13910997

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

ST. JOHNS HOUSE, TAUNTON, TA1 4AY
Incorporated 11/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mrs Samantha Nancy Clayton

secretary · Since 11/02/2022

Mr Craig Clayton

director · Since 11/02/2022

ENGINEER

ENGLISH · ENGLAND · Age 50

Also on 3 other boards

Persons with Significant Control

Mr Craig Clayton

75–100% shares
75–100% votes
Appoint directors

English · England · Age 50

St. Johns House, Castle Street, Taunton, TA1 4AY

Notified 11/02/2022

CompanyRankvs 4873+ SIC 71129 peers
70

Financial strength79th percentile among SIC peers · 20/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.75× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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4873Varsys Ltd
69
How is this score calculated?
Financial strength20/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£55k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£80k

Current Liabilities

£29k

Fixed Assets

£4k

2avg. employees-1

Balance Sheet

Assets less current liabilities£55k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.75+£11k
20242.72+£18k
20232.79—

Derived from filed accounts. Not audited figures.