Way Church
06993403
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/12/2017
CORPORATE BUSINESS MANAGER
BRITISH · ENGLAND · Age 65
director · Since 17/05/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 1 other board
director · Since 18/05/2022
SENIOR LEADER OF CHURCH
BRITISH · UNITED KINGDOM · Age 38
director · Since 18/04/2025
DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 2 other boards
Persons with Significant Control
Former PSCs
Mr Matthew Christopher Hogg
Ceased 05/12/2018
Mr Stephen Rodick
Ceased 18/05/2022
Mr David Edward Belfield
Ceased 31/12/2021
Mr David Ian Moore
Ceased 18/05/2022
Mrs Annette Linda Burton
Ceased 18/05/2022
Charges2 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 658+ SIC 94910 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going con
Key FinancialsYear ending 31/12/2024
Net Worth
£3.8M
Balance sheet strength
Cash
£36k
Cash in the bank
Net Current Assets
£93k
Working capital
Current Assets
£137k
Current Liabilities
£230k
Fixed Assets
£5.2M
Debtors
£92k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.59 | +£110k |
| 2023 | 0.94 | +£91k |
| 2022 | 1.11 | — |
Derived from filed accounts. Not audited figures.