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Vartis Property Ltd

14397687

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

46 MAIN STREET, MEXBOROUGH, S64 9DU
Incorporated 04/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr James Charles Hughes

director · Since 04/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 1 other board

Mr Simon Wellings

director · Since 04/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Simon Wellings

25–50% shares
25–50% votes

British · England · Age 55

6 Park Drive, Sprotbrough, Doncaster, DN5 7LA

Notified 04/10/2022

Charges3 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 19/07/2024Registered 23/07/2024
Charge
outstanding

ALLICA BANK LIMITED

Created 19/07/2024Registered 23/07/2024
Charge
outstanding

SIMON WELLINGS

Created 09/11/2022Registered 14/11/2022

CompanyRankvs 48132+ SIC 68100 peers
45

Financial strength87th percentile among SIC peers · 22/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 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.

Longevity4/15 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 31/07/2025

Net Worth

£149k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£254k

Working capital

Current Assets

£15k

Current Liabilities

£269k

Fixed Assets

£1.1M

Debtors

£15k

2avg. employees

Balance Sheet

Bank loans & overdrafts£672k
Assets less current liabilities£847k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£96k
20240.07
20230.00

Derived from filed accounts. Not audited figures.