Back to search

Pathway Developments Limited

06604524

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BANK COURT, VERWOOD, BH31 6DY
Incorporated 28/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings
42210
Construction of utility projects for fluids
42220
Construction of utility projects for electricity and telecommunications

Officers

Mr Simon Craig Philpot

director · Since 28/05/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 22 other boards

Mr Mark Peter Ruckwood

director · Since 18/07/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 15 other boards

Persons with Significant Control

Mr Simon Craig Philpot

Significant control

British · United Kingdom · Age 60

Centrum House, 36 Station Road, Egham, TW20 9LF

Notified 06/04/2016

Mr Mark Peter Ruckwood

25–50% shares
25–50% votes

British · United Kingdom · Age 59

Centrum House, 36 Station Road, Egham, TW20 9LF

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 22/10/2013Registered 31/10/2013
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 02/09/2013Registered 05/09/2013Satisfied 08/06/2020

CompanyRankvs 18906+ SIC 41201 peers
35

Financial strength0th percentile among SIC peers · 0/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Flower & Hayes Limited
90
2Wernick Buildings Limited
90
3Modex Spaces Ltd
90
4Taylor Lindsey Limited
90
5A.W. Hardy & Co. Limited
90
6H.H.Adkins(Contractors)Limited
90
7Walter Carefoot & Sons (Construction) Limited
90
8A. Hammond & Sons Limited
90
9John West (Contractors) Limited
90
10J.W. Crowther & Son Limited
90
18906Pathway Developments Limited
41
How is this score calculated?
Financial strength0/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 31/05/2024

Net Worth

-£2.8M

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£2.8M

Working capital

Current Assets

£3.0M

Current Liabilities

£5.7M

Fixed Assets

£5k

Debtors

£2.9M

2avg. employees

Balance Sheet

Assets less current liabilities-£2.8M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51-£337k
20230.54-£573k
20220.73-£270k
20210.76—
20200.91—
20190.95—
20180.99—

Derived from filed accounts. Not audited figures.