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Nuway Audio Visual Limited

02172616

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1 STONETEC BUSINESS PARK, HULL, HU8 8DA
Incorporated 30/09/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Paul James Bursell

secretary · Since 13/03/1998

COMPANY SECRETARY

BRITISH · Age 51

Also on 1 other board

Mr Christopher John Tindall Bursell

director · Since 13/03/1998

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Nuway Holdings Limited

75–100% shares
75–100% votes

Unit 1, Stoneferry Road, Hull, HU8 8DA

Reg: 03512318 · Companies House Cardiff · Limited Company

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 04/05/2012Registered 09/05/2012

CompanyRankvs 1238+ SIC 43290 peers
75

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.88× · 16/20
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 strength24/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 28/02/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£990k

Cash in the bank

Net Current Assets

£872k

Working capital

Current Assets

£1.9M

Current Liabilities

£995k

Fixed Assets

£217k

Debtors

£746k

13avg. employees+1

Tax at Year End

Corp tax£70k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.88+£222k
20243.17-£131k
20232.83+£106k
20224.00+£89k
20213.97+£647k
20204.37+£0
20193.06+£0
20171.62

Derived from filed accounts. Not audited figures.