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Westway Ventures Limited

09221220

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1, PRIDEVIEW PLACE, STANMORE, HA7 4AA
Incorporated 16/09/2014

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/12/2025

Due 17/12/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Jesal Raj Patel

director · Since 22/10/2014

REAL ESTATE AGENT

BRITISH · UNITED KINGDOM · Age 44

Also on 19 other boards

Mr Vishal Shailesh Patel

director · Since 22/10/2014

REAL ESTATE AGENT

BRITISH · UNITED KINGDOM · Age 43

Also on 20 other boards

Persons with Significant Control

Eastway Estates Limited

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

First Floor, Kirkland House,, 11-15 Peterborough Road, Harrow, HA1 2AX

Reg: 03684956 · Companies Registration Office - Cardiff · Private Company Limited By Shares

Notified 06/04/2016

Charges1 outstanding

A registered charge
outstanding

RICAN SECURITIES LIMITED

Created 24/06/2026Registered 24/06/2026
Charge
satisfied

METRO BANK PLC

Created 11/03/2015Registered 13/03/2015Satisfied 18/01/2021
Charge
satisfied

METRO BANK PLC

Created 11/03/2015Registered 13/03/2015Satisfied 18/01/2021
Charge
satisfied

METRO BANK PLC

Created 11/03/2015Registered 13/03/2015Satisfied 19/01/2021

CompanyRankvs 176196+ SIC 68209 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees12/15 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.

Longevity12/15 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 31/12/2024

Net Worth

-£334k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£334k

Working capital

Current Assets

£2.8M

Current Liabilities

£3.1M

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89-£160k
20230.94

Derived from filed accounts. Not audited figures.