VARS TECHNOLOGY LTD
🏛️Establishedactive
12245104 · ltd · incorporated 2019-10-04
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£15.6k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).
🏦
Refinance opportunity
1 live charge · oldest 2.3y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.3 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (5 active, 5 linked, 5 with DOB)
90
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £15,588
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£16k
↑ 165% YoY
Current Assets
£608k
↑ 31% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £141.8k | £115.6k |
| Current assets | £607.6k | £465.1k |
| Net assets | £15.6k | £-23.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-06-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-16🔒Charge registered #1Lender: Barclays Security Trustee Limited
- 2023-08-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-05📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2021-10-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-08-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-08-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-08-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-08-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-07-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-07-18📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-06-04📄capital-allotment-sharescapital · SH01
- 2020-05-18➕DUNKERLEY, Simon Guy appointeddirector
- 2020-05-18➕FULLER, Paul Martin appointeddirector
- 2020-05-18➕GARNETT, John David appointeddirector
- 2020-05-18➕MACCALLUM, Lewis James appointeddirector
- 2019-10-04🏢Company incorporatedAs VARS TECHNOLOGY LTD
- 2019-10-04➕DODDS, Andrew John Charles appointeddirector
Owner dependency
40/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Technology · FY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1TH LIMITED→ 15952377 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2RU CONSULTANCY LIMITED→ 16560964 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3D'S NETWORKING LTD→ 09642656 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 3RD WAVE LTD→ 11513204 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3VOLVE-IT LTD→ 11037815 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 47STUDIO LTD→ 08447488 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| 4BIS SOLUTIONS LTD→ 11903052 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 50-22 CONSULTANTS LIMITED→ 14466351 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A D MACLEAN SERVICES LIMITED→ 12400181 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AAN NETWORK SOLUTIONS LIMITED→ 08402612 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| AARRAV LIMITED→ 07739283 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ABACUS AI LIMITED→ 09043896 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2019-10-04
Jurisdictionengland-wales
Primary SIC62012 — Business and domestic software development
Registered office
Unit 1 & 2 Calder Court
Amy Johnson Way
Blackpool
FY4 2RH
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-25
Last: 2025-07-11
Officers (5 active · 0 resigned)
DODDS, Andrew John Charles→
Activedirector · ~56y · appointed 2019-10-04
View their other companies + combined net worth →
DUNKERLEY, Simon Guy→
Activedirector · ~54y · appointed 2020-05-18
View their other companies + combined net worth →
FULLER, Paul Martin→
Activedirector · ~42y · appointed 2020-05-18
View their other companies + combined net worth →
GARNETT, John David→
Activedirector · ~45y · appointed 2020-05-18
View their other companies + combined net worth →
MACCALLUM, Lewis James→
Activedirector · ~27y · appointed 2020-05-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 16/02/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (30 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-15
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2021-10-05