Solway Direct Limited
05485119
Healthy
- 2 outstanding charges (-4)
Details
Previously known as
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 20/06/2025
Due 04/07/2026
Industry
Officers
director · Since 20/06/2005
DIRECTOR
BRITISH · SCOTLAND · Age 65
Also on 6 other boards
Former
director · Resigned 01/01/2010
Persons with Significant Control
Solway Recycling Limited
Rigghead Farm, Irongray, Dumfries, DG2 9SH
Reg: Sc213270 · Companies House · Limited Company
Notified 30/06/2016
Charges2 outstanding
HSBC UK BANK PLC
HSBC BANK PLC
Change History
Active
Private Limited Company
DALMAR HOUSE BARRAS LANE ESTATE
CARLISLE
CompanyRankvs 238+ SIC 38320 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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£176k
Balance sheet strength
Cash
£768
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£316k
Current Liabilities
£140k
Debtors
£315k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.26 | +£18k |
| 2023 | 2.16 | +£14k |
| 2022 | 2.60 | +£8k |
| 2021 | 1.92 | +£13k |
| 2020 | 2.23 | +£15k |
| 2019 | 1.41 | — |
Derived from filed accounts. Not audited figures.