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Hy-Way Systems Ltd.

03045618

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

1 BRITTEN CLOSE, BASILDON, SS16 6TB
Incorporated 12/04/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74990
Non-trading company

Officers

Tara Green

secretary · Since 12/04/1995

SECRETARY

BRITISH · Age 54

Denise Pauline Wadey

director · Since 21/04/2009

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 2 other boards

Persons with Significant Control

Mrs Tara Green

50–75% shares
50–75% votes

British · England · Age 54

1, Britten Close, Basildon, SS16 6TB

Notified 06/04/2016

CompanyRankvs 2766+ SIC 74990 peers
64

Financial strength58th percentile among SIC peers · 14/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees8/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£100

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£100

Working capital

Current Assets

£1k

Current Liabilities

£1k

0avg. employees

Balance Sheet

Assets less current liabilities£100
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20241.09
20231.09
20221.09
20211.09

Derived from filed accounts. Not audited figures.