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Way 2 Go Adventures Limited

07087561

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

20 FOREST ROAD, COLEFORD, GL16 7LB
Incorporated 26/11/2009

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 07/10/2025

Due 21/10/2026

On track

Industry

93290
Other amusement and recreation activities

Officers

Wayne Morgan

director · Since 10/02/2010

DIRECTOR/OUTDOOR ACTIVITY INSTRUCTOR

BRITISH · UNITED KINGDOM · Age 41

Miss Dianne Worrall

director · Since 10/02/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 1 other board

Persons with Significant Control

Mr Wayne James Morgan

Significant control

Welsh · United Kingdom · Age 41

20, Forest Road, Coleford, GL16 7LB

Notified 07/11/2016

Miss Dianne Worrall

75–100% shares
75–100% votes
Appoint directors

British · England · Age 70

20, Forest Road, Coleford, GL16 7LB

Notified 07/11/2016

CompanyRankvs 7664+ SIC 93290 peers
46

Financial strength8th percentile among SIC peers · 2/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio -0.01× · 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 strength2/25 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.

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 28/02/2026

Net Worth

-£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£68k

Working capital

Current Assets

-£806

Current Liabilities

£67k

Fixed Assets

£28k

3avg. employees

Balance Sheet

Assets less current liabilities-£39k
Prepared with v2026.31.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
2026-0.01-£4k
2025-0.01-£11k
20240.00+£661
20230.09

Derived from filed accounts. Not audited figures.