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Varco Energy Holdco 1 Limited

14940707

active
ltd
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

2nd Floor, 27 Kingly Street, London, W1B 5QE
Incorporated 16/06/2023

Compliance

Last accounts

30/09/2025

micro entity

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 15/06/2026

Due 29/06/2027

On track

Industry

64209
Activities of other holding companies

Officers

Mr Patrick Michael Kilkenny

director · Since 16/06/2023

DIRECTOR

IRISH · ENGLAND

Also on 12 other boards

Mr James Douglas George Mills

director · Since 16/06/2023

DIRECTOR

BRITISH · ENGLAND

Also on 13 other boards

Philippa Michelle Scorer

director · Since 01/10/2026

BRITISH · ENGLAND

Patrick Michael Kilkenny

director · Since 16/06/2023

Irish · England

James Douglas George Mills

director · Since 16/06/2023

British · England

Persons with Significant Control

Varco Energy Holdco 2 Limited

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

Reg: 14940702 · Companies House · Private Limited Company

Notified 19/06/2023

Former PSCs

Varco Energy Limited

Ceased 19/06/2023

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/05/2025Registered 20/05/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/08/2023Registered 10/08/2023

Change History

status → active
2026-07-26

Active

type → ltd
2026-07-26

Private Limited Company

address line1 → 2nd Floor, 27 Kingly Street
2026-07-26

2ND FLOOR, 27

post town → London
2026-07-26

LONDON

officer appointed → KILKENNY, Patrick Michael
2026-07-26
officer appointed → MILLS, James Douglas George
2026-07-26

CompanyRankvs 63195+ SIC 64209 peers
13

Financial strength0th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity3/15 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 30/09/2025

Net Worth

-£28.0M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£466k

Working capital

Current Assets

£32k

Current Liabilities

£498k

Fixed Assets

£123.6M

0avg. employees

Balance Sheet

Assets less current liabilities£123.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06-£4.4M
20240.02-£23.6M
20233.57—

Derived from filed accounts. Not audited figures.