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Varco Energy Services Limited

15690357

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2ND FLOOR, 27, LONDON, W1B 5QE
Incorporated 29/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mr Patrick Michael Kilkenny

director · Since 29/04/2024

CHARTERED ACCOUNTANT

IRISH · ENGLAND · Age 57

Also on 12 other boards

Mr James Douglas George Mills

director · Since 29/04/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 13 other boards

Persons with Significant Control

Varco Acquisition Company Ltd

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

2nd Floor, 27, Kingly Street, London, W1B 5QE

Reg: 13847510 · Uk Register Of Companies · Private Company Limited By Shares

Notified 29/04/2024

CompanyRankvs 6517+ SIC 70221 peers
56

Financial strength93th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.29× · 2/20
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 strength23/25 pts

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

Employees14/15 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.

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 30/09/2025

Net Worth

£320k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£320k

Working capital

Current Assets

£133k

Current Liabilities

£453k

4avg. employees

Balance Sheet

Assets less current liabilities£320k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.29

Derived from filed accounts. Not audited figures.