My Way Catering Ltd
10415437
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/10/2016
BUSINESSMAN
BRITISH · ENGLAND · Age 47
Also on 2 other boards
Persons with Significant Control
Kazim Icboyun
Turkish · United Kingdom · Age 47
108, Roman Bank, Skegness, PE25 2SP
Notified 07/10/2016
CompanyRankvs 1902+ SIC 46320 peers39
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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 31/10/2025
Net Worth
-£11k
Balance sheet strength
Cash
£32k
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
£45k
Current Liabilities
£54k
Fixed Assets
£15k
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.84 | -£9k |
| 2024 | 1.09 | +£12k |
| 2023 | 0.51 | +£2k |
| 2022 | 0.39 | -£32k |
| 2021 | 0.14 | +£8k |
| 2020 | 0.30 | -£958 |
| 2019 | 0.28 | +£6k |
| 2018 | 1.41 | — |
Derived from filed accounts. Not audited figures.