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Var-Vel Solutions Limited

15395804

active
Private Limited Company
england wales
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

6 RODING LANE SOUTH, ILFORD, IG4 5NX
Incorporated 08/01/2024

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 24/12/2025

Due 07/01/2027

On track

Industry

43290
Other construction installation
43342
Glazing
43390
Other building completion and finishing

Officers

Colin Christopher Cameron

director · Since 08/01/2024

GENERAL BUILDING

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Mr Colin Christopher Cameron

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

British · United Kingdom · Age 58

6, Roding Lane South, Ilford, IG4 5NX

Notified 08/01/2024

CompanyRankvs 9811+ SIC 43290 peers
58

Financial strength77th percentile among SIC peers · 19/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.18× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 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.

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.

Longevity2/15 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 30/11/2024

Net Worth

£44k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£37k

Working capital

Current Assets

£68k

Current Liabilities

£31k

Fixed Assets

£26k

Debtors

£38k

0avg. employees

Balance Sheet

Assets less current liabilities£63k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20242.18

Derived from filed accounts. Not audited figures.