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Worldway Technologies Ltd

06700730

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

651A MAULDETH ROAD WEST, MANCHESTER, M21 7SA
Incorporated 17/09/2008

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 18/06/2025

Due 02/07/2026

On track

Industry

96090
Other personal service activities

Officers

Mrs Farah Ayub

director · Since 25/07/2018

DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mrs Farah Ayub

75–100% shares

British · England · Age 58

651a, Mauldeth Road West, Manchester, M21 7SA

Notified 25/07/2018

Former PSCs

Mr Ajaz Ul Haq

Ceased 25/07/2018

CompanyRankvs 58681+ SIC 96090 peers
46

Financial strength3th percentile among SIC peers · 1/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.04× · 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.

Employees13/15 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 31/05/2025

Net Worth

-£85k

Balance sheet strength

Cash

£3

Cash in the bank

Net Current Assets

-£85k

Working capital

Current Assets

£3k

Current Liabilities

£88k

3avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04+£0
20250.04-£16k
20240.28-£35k
20230.15-£16k
20220.16-£16k
20210.93-£9k
20201.21+£12k
20190.35-£3k
20180.48

Derived from filed accounts. Not audited figures.