Var Technology Limited
14400797
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/10/2022
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 2 other boards
director · Since 16/05/2025
DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 1 other board
Persons with Significant Control
J2 Flooring Limited
Unit 2, Barracuda Business Park, Barracuda Way, Ormskirk, L40 7BP
Reg: 03497184 · Companies House · Private Limited Company
Notified 16/05/2025
Former PSCs
Richard James Frater
Ceased 21/06/2024
Mr Shaun Baston
Ceased 16/05/2025
CompanyRankvs 1367+ SIC 43330 peers74
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£79k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£124k
Working capital
Current Assets
£146k
Current Liabilities
£23k
Fixed Assets
£246k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.25 | +£49k |
| 2023 | 4.12 | — |
Derived from filed accounts. Not audited figures.