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Altway Clearance Ltd

08569534

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 3 BRADMAN ROAD, LIVERPOOL, L33 7UR
Incorporated 14/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Michael John Lee

director · Since 14/06/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 9 other boards

Persons with Significant Control

Mr Michael John Lee

75–100% shares

British · United Kingdom · Age 63

Unit 3, Bradman Road, Liverpool, L33 7UR

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

ABBITAL LIMITED

Created 16/03/2022Registered 05/04/2022
Charge
outstanding

ABBITAL LIMITED

Created 16/03/2022Registered 05/04/2022
Charge
satisfied

GROSVENOR FUNDING LTD

Created 08/10/2021Registered 19/10/2021Satisfied 11/04/2022
Charge
satisfied

GROSVENOR FUNDING LTD

Created 08/10/2021Registered 19/10/2021Satisfied 11/04/2022

CompanyRankvs 17112+ SIC 45112 peers
27

Financial strength5th percentile among SIC peers · 1/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees6/15 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.

Longevity13/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

-£53k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£41k

Working capital

Current Assets

£18k

Current Liabilities

£59k

Fixed Assets

£5k

1avg. employees

Balance Sheet

Assets less current liabilities-£36k
Signed by Mr M Lee 26/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30+£0
20250.30+£2k
20240.29+£8k
20230.34+£903
20220.34-£4k
20210.36-£5k
2020-£19k
20197.20-£73k
20184.57

Derived from filed accounts. Not audited figures.