Solway Heaters Limited
02549740
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/04/2025
total exemption full
Next accounts due
31/01/2027
Confirmation statement
Last: 01/10/2025
Due 15/10/2026
Industry
Officers
director · Since 08/12/2009
ENGINEER
BRITISH · ENGLAND · Age 49
Also on 4 other boards
director · Since 08/12/2009
ENGINEER
BRITISH · ENGLAND · Age 52
Also on 1 other board
Persons with Significant Control
Richardson Retailing Ltd
Low Row Service Station, Low Row, Brampton, CA8 2JE
Reg: 09050939 · Companies House Register Of Companies For The United Kingdom · Private Limited Company
Notified 30/04/2021
Former PSCs
Solway Gas & Heaters Limited
Ceased 30/04/2021
Charges1 outstanding
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
SOLWAY ROAD
WORKINGTON
CompanyRankvs 18+ SIC 46719 peers77
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/04/2024
Net Worth
£1.6M
Balance sheet strength
Cash
£429k
Cash in the bank
Net Current Assets
£1.1M
Working capital
Current Assets
£1.6M
Current Liabilities
£444k
Fixed Assets
£502k
Debtors
£989k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.55 | +£217k |
| 2023 | 2.67 | — |
Derived from filed accounts. Not audited figures.