Westway Corporation Ltd
03578538
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/06/2016
DIRECTOR
BRITISH · UNITED KINGDOM · Age 73
Also on 22 other boards
Persons with Significant Control
M.N.C. Management Ltd
156a, Burnt Oak Broadway, Edgware, HA8 0AX
Reg: 03525879 · Companies House · Company Limited By Shares
Notified 10/06/2017
Former PSCs
Mrs Loretta Joannou
Ceased 11/06/2017
CompanyRankvs 46464+ SIC 82990 peers63
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
£5k
Balance sheet strength
Cash
£76k
Cash in the bank
Net Current Assets
£5k
Working capital
Current Assets
£102k
Current Liabilities
£97k
Debtors
£25k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.05 | +£0 |
| 2025 | 1.05 | +£2k |
| 2024 | 1.14 | +£343 |
| 2023 | 1.04 | -£8k |
| 2022 | 1.10 | +£3k |
| 2021 | 1.07 | +£4k |
| 2020 | 1.04 | +£166 |
| 2019 | 1.06 | +£1k |
| 2018 | 1.03 | — |
Derived from filed accounts. Not audited figures.