Summit Way Properties Limited
02877900
Some Concerns
- Current liabilities exceed current assets (-10)
- 17 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 06/12/2025
Due 20/12/2026
Industry
Officers
director · Since 06/12/1993
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 79
Also on 13 other boards
director · Since 08/12/1993
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 77
Also on 26 other boards
Former
corporate nominee secretary · Resigned 06/12/1993
director · Resigned 06/10/1996
secretary · Resigned 31/07/2017
Persons with Significant Control
Mr David Leon Garfen
British · England · Age 79
15, Hillview Road, London, NW7 1AJ
Notified 06/04/2016
Gerald Garfen
British · England · Age 77
15, Hillview Road, London, NW7 1AJ
Notified 06/04/2016
Maralynne Andrea Garfen
British · England · Age 75
15, Hillview Road, London, NW7 1AJ
Notified 06/04/2016
Former PSCs
Caren Lynn Garfen
Ceased 30/04/2024
Charges17 outstanding
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Change History
Active
Private Limited Company
15 HILLVIEW ROAD
LONDON
CompanyRankvs 562230+ SIC 68209 peers57
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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 31/12/2024
Net Worth
£592k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£439k
Working capital
Current Assets
£109k
Current Liabilities
£552k
Fixed Assets
£1.1M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.20 | -£20k |
| 2023 | 0.29 | -£11k |
| 2022 | 0.52 | +£2k |
| 2021 | 0.52 | +£225k |
| 2020 | 0.53 | -£13k |
| 2019 | 0.25 | +£2k |
| 2018 | 2.28 | — |
Derived from filed accounts. Not audited figures.