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Solway Commercials Ltd

05135129

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

116 VULCANS LANE, WORKINGTON, CA14 2ND
Incorporated 21/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Grahame Martin Suitor

director · Since 01/03/2006

MANAGER

BRITISH · UNITED KINGDOM · Age 58

Also on 5 other boards

Mr Ronald Suitor

director · Since 01/04/2010

ACCOUNTANT

BRITISH · ENGLAND · Age 88

Also on 7 other boards

Mrs Kathryn Janet Suitor

director · Since 08/03/2018

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Persons with Significant Control

Mr Grahame Martin Suitor

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 58

116, Vulcans Lane, Workington, CA14 2ND

Notified 06/04/2016

Mrs Kathryn Janet Suitor

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 58

116, Vulcans Lane, Workington, CA14 2ND

Notified 03/06/2025

Former PSCs

Mr Ronald Suitor

Ceased 21/05/2024

CompanyRankvs 5022+ SIC 45200 peers
75

Financial strength87th percentile among SIC peers · 22/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 8.99× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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5022Solway Commercials Ltd
75
How is this score calculated?
Financial strength22/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£137k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£78k

Working capital

Current Assets

£88k

Current Liabilities

£10k

1avg. employees+1

Tax at Year End(2021)

Corp tax£4k

Balance Sheet

Assets less current liabilities£78k
Prepared with BTCSoftware AP Solution 2025 12.1.02

EstimatesDerived

YearCurrent RatioImplied Profit
20248.99+£23k
20239.18+£21k
20221.30+£14k
20211.58+£15k
20202.96+£17k
20192.80+£5k
20182.85—

Derived from filed accounts. Not audited figures.