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Northway Developments Ltd

09411832

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • 7 outstanding charges (-10)

Details

STATION HOTEL, DUDLEY, DY1 4RA
Incorporated 29/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Steven Singh

secretary · Since 29/01/2015

Also on 11 other boards

Mr Santokh Singh

director · Since 29/01/2015

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 64

Also on 10 other boards

Mr Steven Singh

director · Since 29/01/2015

SURVEYOR

ENGLISH · ENGLAND · Age 41

Also on 11 other boards

Persons with Significant Control

Mr Steven Singh

25–50% shares
25–50% votes

British · England · Age 41

Station Hotel, Castle Hill, Dudley, DY1 4RA

Notified 06/04/2016

Mr Santokh Singh

25–50% shares
25–50% votes

British · England · Age 64

Station Hotel, Castle Hill, Dudley, DY1 4RA

Notified 06/04/2016

Charges7 outstanding

Charge
outstanding

LENDINVEST BTL LIMITED

Created 11/04/2024Registered 14/04/2024
Charge
outstanding

LENDINVEST BTL LIMITED

Created 11/04/2024Registered 14/04/2024
Charge
outstanding

LLOYDS BANK PLC

Created 17/03/2022Registered 24/03/2022
Charge
satisfied

SHAWBROOK BANK LIMITED

Created 31/03/2021Registered 01/04/2021Satisfied 30/08/2023
Charge
outstanding

LLOYDS BANK PLC

Created 11/03/2019Registered 12/03/2019
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED T/A TOGETHER

Created 09/10/2018Registered 09/10/2018Satisfied 30/08/2023
Charge
satisfied

LLOYDS BANK PLC

Created 30/08/2018Registered 03/09/2018Satisfied 21/05/2024
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED T/A TOGETHER

Created 21/06/2018Registered 21/06/2018Satisfied 30/08/2023
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED T/A TOGETHER

Created 24/04/2018Registered 27/04/2018Satisfied 30/08/2023
Charge
outstanding

LLOYDS BANK PLC

Created 24/02/2017Registered 03/03/2017
Charge
outstanding

LLOYDS BANK PLC

Created 11/05/2016Registered 24/05/2016
Charge
outstanding

LLOYDS BANK PLC

Created 11/05/2016Registered 11/05/2016

CompanyRankvs 58454+ SIC 41100 peers
27

Financial strength37th percentile among SIC peers · 9/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 31/01/2025

Net Worth

£100

Balance sheet strength

Cash

£327

Cash in the bank

Net Current Assets

-£3.2M

Working capital

Current Assets

Current Liabilities

£3.2M

Fixed Assets

£3.1M

0avg. employees

Balance Sheet

Bank loans & overdrafts£2.7M
Assets less current liabilities-£76k
Prepared with CCH Software