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Waypower Limited

06656418

active
Private Limited Company
england wales
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

416 GREEN LANE, ILFORD, IG3 9JX
Incorporated 25/07/2008

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Jaswinder Singh Channa

secretary · Since 05/09/2011

Also on 2 other boards

Mr Jaswinder Singh Channa

director · Since 01/04/2026

BRITISH · UNITED KINGDOM · Age 65

Also on 2 other boards

Persons with Significant Control

Laser Impex Limited

75–100% shares

Lynton House, 7/12 Tavistock Square, London, WC1H 9BQ

Reg: 02900923 · England And Wales · Private Limited Company

Notified 01/04/2026

Former PSCs

Mr Jaswinder Singh Channa

Ceased 01/04/2026

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/05/2017Registered 09/06/2017Satisfied 27/03/2026

CompanyRankvs 1450+ SIC 47730 peers
69

Financial strength70th percentile among SIC peers · 18/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 3.73× · 20/20
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 strength18/25 pts

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

Employees1/15 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 31/08/2024

Net Worth

£154k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£145k

Working capital

Current Assets

£199k

Current Liabilities

£53k

Fixed Assets

£9k

0avg. employees-6

Balance Sheet

Assets less current liabilities£154k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20243.73+£8k
20233.41-£19k
20223.00+£23k
20213.66+£39k
20203.10+£20k
20192.47+£5k
20183.17

Derived from filed accounts. Not audited figures.