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Smartway Wholesale Ltd

08668939

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

THE OLD MILL 9 SOAR LANE, LEICESTER, LE3 5DE
Incorporated 30/08/2013

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/08/2025

Due 13/09/2026

On track

Industry

99999
Dormant company

Officers

Mr Hitendra Patel

director · Since 30/08/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 11 other boards

Persons with Significant Control

Smartway Pw Holdings Limited

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

10 Lyon Road, Lyon Road, London, SW19 2RL

Reg: 08363500 · The Old Mill, 9 Soar Lane, Leicester.Le3 5de · Limited Company

Notified 30/08/2016

CompanyRankvs 547110+ SIC 99999 peers
44

Financial strength0th percentile among SIC peers · 0/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

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.

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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£1.2M

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£1.4M

Current Liabilities

£2.6M

Debtors

£1.4M

0avg. employees

Balance Sheet

Assets less current liabilities-£1.2M
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20250.55-£66k
20240.62

Derived from filed accounts. Not audited figures.