Mway Communications Limited
04187661
Healthy
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/05/2017
ENGINEER
BRITISH · ENGLAND · Age 40
Also on 1 other board
Persons with Significant Control
Mway Services Ltd
Unit B Meadowbank Ind Estate, Harrison Street, Rotherham, S61 1EE
Reg: 7217315 · England And Wales · Limited Company
Notified 06/04/2016
Charges3 outstanding
NPIF II DEBT YH LP ACTING THROUGH ITS GENERAL PARTNER MBL (GENERAL PARTNER NPIF II DEBT YH) LIM
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CompanyRankvs 2489+ SIC 62090 peers66
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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
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
Key FinancialsYear ending 31/03/2025
Net Worth
£1.4M
Balance sheet strength
Cash
£117
Cash in the bank
Profit Before Tax
£1.1M
Bottom line earnings
Net Current Assets
£1.4M
Working capital
Current Assets
£4.2M
Current Liabilities
£2.8M
Fixed Assets
£581k
Debtors
£4.2M
Admin Expenses
£1.6M
Profit After Tax
£901k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.51 | +£736k |
| 2024 | 1.26 | +£8k |
| 2023 | 1.22 | +£153k |
| 2022 | 1.15 | -£255k |
| 2021 | 1.23 | -£197k |
| 2020 | 1.41 | — |
Derived from filed accounts. Not audited figures.