Back to search

Wellway Estates Ltd

07778315

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

41A LEICESTER ROAD, SALFORD, M7 4AS
Incorporated 19/09/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Martin Scher

director · Since 03/02/2012

NONE

BRITISH · ENGLAND · Age 41

Also on 6 other boards

Mr Simcha Reuven Cohen

director · Since 22/07/2022

PROPERTY MANAGEMENT

BRITISH · UNITED KINGDOM · Age 65

Also on 20 other boards

Persons with Significant Control

Mr Martin Scher

75–100% shares

British · England · Age 41

41a, Leicester Road, Salford, M7 4AS

Notified 19/09/2016

CompanyRankvs 14277+ SIC 68320 peers
71

Financial strength82th percentile among SIC peers · 21/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 28/09/2024

Net Worth

£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£124k

Current Liabilities

£129k

5avg. employees-2

Balance Sheet

Assets less current liabilities£5k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96-£3k
20230.97+£395
20221.04+£38k
20212.47-£3k
20201.09+£481
20194.41+£2k
20184.15

Derived from filed accounts. Not audited figures.