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Way-Step Ltd

06693829

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

2 POWYS LANE, LONDON, N14 7JG
Incorporated 10/09/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Vinaben Patel

secretary · Since 15/09/2008

BRITISH · Age 70

Mr Ronak Kumar Rajendra Prasad Patel

director · Since 15/09/2008

PHARMACY LOCUM SERVICE

BRITISH · ENGLAND · Age 43

Also on 1 other board

Mr Rajendra Patel

secretary · Since 25/07/2011

Mrs Vaishali Ronak Patel

director · Since 01/11/2013

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Ronak Kumar Rajendra Prasad Patel

25–50% shares
25–50% votes
Appoint directors
Significant control

British · England · Age 43

2, Powys Lane, London, N14 7JG

Notified 10/09/2016

Mrs Vaishali Ronak Patel

25–50% shares
25–50% votes
Appoint directors
Significant control

British · England · Age 39

2, Powys Lane, London, N14 7JG

Notified 10/09/2016

Charges5 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/06/2023Registered 04/07/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/08/2022Registered 08/08/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/08/2015Registered 04/09/2015
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/12/2011Registered 06/12/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/11/2011Registered 01/12/2011

CompanyRankvs 322+ SIC 47730 peers
74

Financial strength87th percentile among SIC peers · 22/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.27× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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322Way-Step Ltd
84
How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 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 31/10/2025

Net Worth

£646k

Balance sheet strength

Cash

£224k

Cash in the bank

Net Current Assets

£517k

Working capital

Current Assets

£922k

Current Liabilities

£406k

Fixed Assets

£767k

Debtors

£403k

12avg. employees

Tax at Year End(2022)

Corp tax£21k

Director Loans(2022)

Company owes directors£134k

Balance Sheet

Intangible assets£665k
Assets less current liabilities£1.3M
Signed by Mr Ronak Kumar Patel 26/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.27+£0
20252.27+£141k
20241.87+£119k
20231.73+£65k
20221.57+£69k
20211.19+£97k
20200.66+£134k
20190.35+£19k
20180.31—

Derived from filed accounts. Not audited figures.