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Vars Events & Entertainment Ltd

15248388

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

74 WINTER AVENUE, LONDON, E6 1NY
Incorporated 31/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities
70229
Management consultancy activities

Officers

Mr Sawan Vinod Varsani

director · Since 31/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 26

Persons with Significant Control

Mr Sawan Vinod Varsani

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

British · England · Age 26

74, Winter Avenue, London, E6 1NY

Notified 31/10/2023

CompanyRankvs 17245+ SIC 56210 peers
27

Financial strength18th percentile among SIC peers · 5/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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17245Vars Events & Entertainment Ltd
26
How is this score calculated?
Financial strength5/25 pts

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

Employees2/15 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.

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

-£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£905

Current Liabilities

£6k

Fixed Assets

£2k

0avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.14

Derived from filed accounts. Not audited figures.