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Pathway Developments Number 2 Limited

08603518

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

BANK COURT, VERWOOD, BH31 6DY
Incorporated 10/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Simon Craig Philpot

director · Since 10/07/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 22 other boards

Mr Mark Peter Ruckwood

director · Since 10/07/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 15 other boards

Persons with Significant Control

Pathway Developments Limited

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

Milewood House, Hightown Hill, Ringwood, BH24 3HE

Reg: 06604524 · Companies House · Limited Company

Notified 06/04/2016

Mr Simon Craig Philpot

Significant control

British · United Kingdom · Age 60

Bank Court, 12a Manor Road, Verwood, BH31 6DY

Notified 06/04/2016

Mr Mark Peter Ruckwood

Significant control

British · United Kingdom · Age 59

Bank Court, 12a Manor Road, Verwood, BH31 6DY

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 08/10/2013Registered 18/10/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 20/09/2013Registered 25/09/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 20/09/2013Registered 25/09/2013

CompanyRankvs 19718+ SIC 41100 peers
54

Financial strength56th percentile among SIC peers · 14/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.4× · 12/20
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 strength14/25 pts

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

Employees10/15 pts

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

Liquidity12/20 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 31/05/2024

Net Worth

£2k

Balance sheet strength

Cash

£37

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£7k

Current Liabilities

£5k

Debtors

£7k

2avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.40-£269k
202377.52+£49k
20224.24-£4k
20214.81-£3k
202014.37-£3k
201913.38-£7k
20186.13

Derived from filed accounts. Not audited figures.