Matthew Way Ltd
09979633
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
28/02/2025
micro entity
Next accounts due
30/11/2026
Confirmation statement
Last: 31/01/2026
Due 14/02/2027
Industry
Officers
Persons with Significant Control
Mr Matthew David Way
British · United Kingdom · Age 57
Michael House, Castle Street, Exeter, EX4 3LQ
Notified 06/04/2016
Mr Jake Edward Way
British · United Kingdom · Age 31
The Summit, Woodwater Park, Exeter, EX2 5WS
Notified 10/07/2017
CompanyRankvs 37914+ SIC 96020 peers36
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
-£6k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£1k
Working capital
Current Assets
£27k
Current Liabilities
£28k
Fixed Assets
£13k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.95 | -£19k |
| 2024 | 1.56 | -£52 |
| 2023 | 1.55 | -£9k |
| 2022 | 2.17 | -£3k |
| 2021 | 1.67 | — |
Derived from filed accounts. Not audited figures.