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Hydroway Limited

01717553

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

53 QUEENSWAY, W2 4QH
Incorporated 22/04/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Sailesh Mandalia

secretary · Since 31/12/1992

BRITISH · Age 67

Also on 5 other boards

Mr Sailesh Singara

director · Since 31/12/1992

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Mr Sailesh Mandalia

director · Since 01/07/2002

SECRETARY

BRITISH · ENGLAND · Age 67

Also on 1 other board

Persons with Significant Control

Mr Sailesh Singara

Significant control

British · England · Age 67

53 Queensway, W2 4QH

Notified 20/11/2016

Mr Sailesh Mandalia

25–50% shares
Appoint directors

British · England · Age 67

53 Queensway, W2 4QH

Notified 21/11/2016

Charges2 outstanding

charge
outstanding

PRINCESLAND INTERNATIONAL LIMITED

Created 01/12/1998Registered 08/12/1998
charge
satisfied

BARCLAYS BANK PLC

Created 27/09/1996Registered 07/10/1996Satisfied 03/11/2023
charge
satisfied

BANK LEUMI (U.K.) PLC

Created 16/03/1989Registered 25/03/1989Satisfied 03/11/2023
charge
outstanding

NEW LONDON PROPERTIES LIMITED

Created 25/11/1985Registered 27/11/1985
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/04/1985Registered 18/04/1985Satisfied 05/12/1996

CompanyRankvs 15597+ SIC 47190 peers
25

Financial strength2th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Longevity15/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

-£100k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£100k

Working capital

Current Assets

£24k

Current Liabilities

£124k

0avg. employees-2

Balance Sheet

Assets less current liabilities-£100k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.19+£30k
20240.20-£260k
20230.18+£4k
20220.23-£12k
20210.13+£279k
20200.76-£17k
20190.60+£4k
20180.35

Derived from filed accounts. Not audited figures.