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Hi Way Services Limited

02850815

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

UNIT 32 THOMAS WAY, BUSINESS PARK HERSDEN,, CT3 4JZ
Incorporated 06/09/1993

Compliance

Last accounts

30/11/2025

medium

Next accounts due

31/08/2027

On track

Confirmation statement

Last: 06/09/2025

Due 20/09/2026

On track

Industry

96090
Other personal service activities

Officers

Mr Daniel James O'Reilly

director · Since 25/01/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 3 other boards

Former

Mr Andrew James O'Reilly

director · Resigned 30/06/2026

Mrs Maria Judith O'Reilly

secretary · Resigned 30/06/2026

Mrs Maria Judith O'Reilly

director · Resigned 30/06/2026

Persons with Significant Control

Hi Way Services (Uk) Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Unit 32 Thomas Way, 3a Lakesview International Business Park, Canterbury, CT3 4JZ

Reg: 08195002 · Companies House · Limited By Shares

Notified 06/04/2016

Charges5 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/06/2019Registered 19/06/2019Satisfied 01/07/2022
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/05/2011Registered 03/06/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/02/2010Registered 09/03/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/10/2006Registered 09/11/2006
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/01/2004Registered 04/02/2004
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/01/2004Registered 28/01/2004

CompanyRankvs 128+ SIC 96090 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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128Hi Way Services Limited
90
How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/11/2024

Turnover

£10.1M

Annual revenue

Net Worth

£7.9M

Balance sheet strength

Cash

£453k

Cash in the bank

Profit Before Tax

£2.1M

Bottom line earnings

Net Current Assets

£6.6M

Working capital

Current Assets

£8.6M

Current Liabilities

£2.0M

Fixed Assets

£2.3M

Debtors

£7.7M

Cost of Sales

£6.3M

Gross Profit

£3.8M

Admin Expenses

£1.7M

Operating Profit

£2.1M

Profit After Tax

£1.6M

54avg. employees

Tax at Year End

Corp tax£385k
Dividends paid£210k

Director Loans

Directors owe company£3.8M

People Costs

Wages & salaries£2.7M

Balance Sheet

Assets less current liabilities£8.9M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20244.38+£1.4M
20233.70—

Derived from filed accounts. Not audited figures.