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Direct Path Ltd

06805152

active
Private Limited Company
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

WESSEX HOUSE, NEWTON ABBOT, TQ12 4AA
Incorporated 29/01/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr David George Smith

director · Since 29/01/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 17 other boards

Persons with Significant Control

Ingrid Elizabeth Smith

25–50% shares
25–50% votes

British · United Kingdom · Age 64

Wessex House, Teign Road, Newton Abbot, TQ12 4AA

Notified 06/04/2016

Mr David George Smith

50–75% shares
50–75% votes

British · United Kingdom · Age 77

Wessex House, Teign Road, Newton Abbot, TQ12 4AA

Notified 06/04/2016

CompanyRankvs 1573+ SIC 69201 peers
83

Financial strength95th percentile among SIC peers · 24/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 7.41× · 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 strength24/25 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.

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 30/09/2024

Net Worth

£332k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£328k

Working capital

Current Assets

£379k

Current Liabilities

£51k

Fixed Assets

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£332k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20247.41+£2k
20236.44+£30k
20222.72

Derived from filed accounts. Not audited figures.