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Wellway Business Advisers Limited

03821645

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

BOROUGH HALL, MORPETH, NE61 1BN
Incorporated 09/08/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Richard Thompson

director · Since 24/09/1999

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 66

Also on 5 other boards

Malcolm James Dixon

director · Since 01/10/1999

ACCOUNTANT

BRITISH · ENGLAND · Age 75

Also on 2 other boards

Ms Janet Yvonne Travis

director · Since 01/10/1999

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 64

Also on 5 other boards

Ms Janet Yvonne Travis

secretary · Since 10/01/2005

BRITISH · UNITED KINGDOM · Age 64

Also on 5 other boards

Mrs Anne Christine Berry

director · Since 29/08/2017

ACCOUNTANT

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Former PSCs

Mr Richard Thompson

Ceased 06/04/2016

CompanyRankvs 11595+ SIC 69201 peers
64

Financial strength73th percentile among SIC peers · 18/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.47× · 2/20
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 strength18/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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 28/02/2025

Net Worth

£29k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£24k

Current Liabilities

£52k

Fixed Assets

£59k

Debtors

£5k

11avg. employees-1

Balance Sheet

Intangible assets£21k
Assets less current liabilities£31k
Signed by 03821645 2024-03-01 2025-02-28 03821645 2025-02-28 03821645 bus:OrdinaryShareClass1 2025-02-28 03821645 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.47-£38k
20240.95-£61k
20231.88

Derived from filed accounts. Not audited figures.