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Solway Direct Limited

05485119

active
ltd
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

Dalmar House Barras Lane Estate, Dalston, Carlisle, CA5 7NY
Incorporated 20/06/2005

Previously known as

Solway Recycling Cymru Limited · until 01/05/2012

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/06/2025

Due 04/07/2026

On track

Industry

38320
Recovery of sorted materials

Officers

Mrs Sharon Hiddleston

secretary · Since 20/06/2005

BRITISH · SCOTLAND · Age 54

Also on 5 other boards

Mr Roy Hiddleston

director · Since 20/06/2005

DIRECTOR

BRITISH · SCOTLAND · Age 65

Also on 6 other boards

Sharon Hiddleston

secretary · Since 20/06/2005

British

Roy Hiddleston

director · Since 20/06/2005

British · Scotland · Age 65

Persons with Significant Control

Solway Recycling Limited

75–100% shares
75–100% votes
Appoint directors

Rigghead Farm, Irongray, Dumfries, DG2 9SH

Reg: Sc213270 · Companies House · Limited Company

Notified 30/06/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 30/09/2021Registered 05/10/2021
charge
outstanding

HSBC BANK PLC

Created 29/09/2005Registered 11/10/2005

Change History

status → active
2026-06-17

Active

type → ltd
2026-06-17

Private Limited Company

address line1 → Dalmar House Barras Lane Estate
2026-06-17

DALMAR HOUSE BARRAS LANE ESTATE

post town → Carlisle
2026-06-17

CARLISLE

CompanyRankvs 233+ SIC 38320 peers
66

Financial strength70th percentile among SIC peers · 18/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.77× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees8/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£197k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£309k

Current Liabilities

£112k

2avg. employees
Signed by 05485119 2025-01-01 2025-12-31 05485119 2025-12-31 05485119 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.77+£21k
20242.26+£18k
20232.16—

Derived from filed accounts. Not audited figures.