VARS HOLDINGS LTD
🌿Early-stageactive
15274147 · ltd · incorporated 2023-11-10
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-1.9k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pass (distressed without resilience)Distressed asset-holding vehicle — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
2 live charges · oldest 2.4y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.4 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (67/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (5 active, 5 linked, 5 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
11 connected companies via shared directors
78
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
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 declaredNegative net assets
Liabilities exceed assets by £1,861
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
-£2k
Current Assets
£12k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Total assets | £311.7k |
| Current assets | £12.1k |
| Net assets | £-1.9k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 miscellaneous
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 miscellaneous
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
- 2026-05-20📄legacymiscellaneous · RPCH01
- 2025-06-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-07📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-05-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-26🔒Charge registered #2Lender: Barclays Security Trustee Limited
- 2024-02-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-16🔒Charge registered #1Lender: Barclays Security Trustee Limited
- 2023-11-10🏢Company incorporatedAs VARS HOLDINGS LTD
- 2023-11-10➕DODDS, Andrew John Charles appointeddirector
- 2023-11-10➕DUNKERLEY, Simon Guy appointeddirector
- 2023-11-10➕FULLER, Paul Martin appointeddirector
- 2023-11-10➕GARNETT, John David appointeddirector
- 2023-11-10➕MACCALLUM, Lewis appointeddirector
- 2023-11-10📄incorporation-companyincorporation · NEWINC
Owner dependency
45/100
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.
- +Young company: Only 2.7 years old — management layer unlikely to be developed.
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 · Holding company · FY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ADDISON TRUSTEES LIMITED→ 16305143 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALPHA GB HOLDINGS LTD→ 17121036 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ANCHORSHOLME FLAT MANAGEMENT COMPANY LIMITED→ 02892900 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| BADEN COURT MANAGEMENT COMPANY LIMITED→ 05801386 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BALLAM OAKS MANAGEMENT CO LIMITED→ 10305538 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BARCLAY HAMILTON FREEHOLD LTD→ 12615537 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BARNFIELD PLF LIMITED→ 13081232 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BARTON MANSIONS LIMITED→ 01032778 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| BAUHAUS PROPERTIES LTD→ 11613714 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BAXTER THE FUTURE LIMITED→ 05037951 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| BAY VIEW RESIDENTS MANAGEMENT LIMITED→ 05620640 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| BEACH ROAD (ST.ANNES) MANAGEMENT COMPANY LIMITED→ 01029560 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2023-11-10
Jurisdictionengland-wales
Primary SIC98000 — Residents property management
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: 2027-05-21
Last: 2026-05-07
Officers (5 active · 0 resigned)
DODDS, Andrew John Charles→
Activedirector · ~56y · appointed 2023-11-10
View their other companies + combined net worth →
DUNKERLEY, Simon Guy→
Activedirector · ~54y · appointed 2023-11-10
View their other companies + combined net worth →
FULLER, Paul Martin→
Activedirector · ~42y · appointed 2023-11-10
View their other companies + combined net worth →
GARNETT, John David→
Activedirector · ~45y · appointed 2023-11-10
View their other companies + combined net worth →
MACCALLUM, Lewis→
Activedirector · ~27y · appointed 2023-11-10
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | 2 properties | 26/04/2024 | — | |
| 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 (10 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-06
legacy
miscellaneous · RPCH01
2026-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
change-account-reference-date-company-current-extended
accounts · AA01
2024-05-07
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
2024-04-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-21
incorporation-company
incorporation · NEWINC
2023-11-10