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Liteway Services Limited

05710839

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

17 PRINCES AVENUE, LONDON, NW9 9JP
Incorporated 15/02/2006

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 09/01/2026

Due 23/01/2027

On track

Industry

43210
Electrical installation

Officers

Paras Ravji Ramji Patel

director · Since 23/02/2006

DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Paras Ravji Ramji Patel

75–100% shares

British · England · Age 52

17, Princes Avenue, London, NW9 9JP

Notified 06/04/2016

CompanyRankvs 27113+ SIC 43210 peers
44

Financial strength3th percentile among SIC peers · 1/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/01/2026

Net Worth

-£30k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£10k

Current Liabilities

£55k

Fixed Assets

£15k

Debtors

£5k

3avg. employees

Balance Sheet

Assets less current liabilities-£30k
Signed by Mr Paras PATEL 10th August 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20260.19
20240.11
20230.14

Derived from filed accounts. Not audited figures.