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Rightway Asset Management Limited

10171789

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

68 LONDON ROAD, NEWARK, NG24 3AH
Incorporated 10/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Adrian Snell

secretary · Since 10/05/2016

Also on 3 other boards

Mr Adrian Snell

director · Since 10/05/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 3 other boards

Persons with Significant Control

Mr Adrian Snell

50–75% shares

British · England · Age 54

68, London Road, Newark, NG24 3AH

Notified 10/05/2016

Former PSCs

Mr Philip Litanzios

Ceased 01/05/2019

CompanyRankvs 12641+ SIC 68100 peers
71

Financial strength90th percentile among SIC peers · 23/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.65× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 pts

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

Liquidity20/20 pts

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

Longevity10/15 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 31/05/2025

Turnover

£705k

Annual revenue

Net Worth

£251k

Balance sheet strength

Cash

£354k

Cash in the bank

Profit Before Tax

£186k

Bottom line earnings

Net Current Assets

£285k

Working capital

Current Assets

£363k

Current Liabilities

£78k

Fixed Assets

£415k

Debtors

£9k

Cost of Sales

£509k

Gross Profit

£196k

Admin Expenses

£44k

Operating Profit

£187k

Profit After Tax

£142k

0avg. employees

Tax at Year End

Corp tax£29k

Balance Sheet

Assets less current liabilities£700k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.65+£0
20254.65+£142k
20249.53+£4k
20238.00+£19k
20224.90-£7k
20216.05

Derived from filed accounts. Not audited figures.