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Careways Limited

04950722

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

57 HIGH TOWN ROAD, BEDFORDSHIRE, LU2 0BW
Incorporated 03/11/2003

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/11/2025

Due 17/11/2026

On track

Industry

86900
Other human health activities

Officers

Mr Vinodchandra Bhimji Shah

secretary · Since 18/11/2003

COMPANY SECRETARY

BRITISH · Age 84

Mrs Krupti Nishil Shah

director · Since 18/11/2003

OPTOMETRIST

BRITISH · UNITED KINGDOM · Age 57

Mr Nishil Vinodchandra Shah

director · Since 18/11/2003

PHARMACIST

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Mr Nishil Shah

25–50% shares

British · England · Age 58

57 High Town Road, Bedfordshire, LU2 0BW

Notified 01/11/2016

Mrs Krupti Shah

25–50% shares

British · England · Age 57

57 High Town Road, Bedfordshire, LU2 0BW

Notified 11/11/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/04/2005Registered 14/04/2005Satisfied 05/01/2012
charge
satisfied

AAH PHARMACEUTICALS LIMITED BRACLAYS PHARMACEUTICALS LIMITED AND FARILLON LIMITED

Created 26/01/2004Registered 12/02/2004Satisfied 05/01/2012

CompanyRankvs 435+ SIC 86900 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.69× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements are presented in Pound Sterling, which is the functional currency of the company. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

£734k

Balance sheet strength

Cash

£976k

Cash in the bank

Net Current Assets

£731k

Working capital

Current Assets

£1.2M

Current Liabilities

£434k

Fixed Assets

£3k

Debtors

£89k

10avg. employees-1

Tax at Year End

Corp tax£37k

Director Loans

Company owes directors£274k

Balance Sheet

Assets less current liabilities£734k
Signed by Mr N Shah 20 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.69+£72k
20232.60+£55k
20222.54+£19k
20212.36+£80k
20202.15+£71k
20191.88+£39k
20181.74

Derived from filed accounts. Not audited figures.