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My Way Catering Ltd

10415437

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

108 ROMAN BANK, SKEGNESS, PE25 2SP
Incorporated 07/10/2016

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

46320
Wholesale of meat and meat products

Officers

Mr Kazim Icboyun

director · Since 07/10/2016

BUSINESSMAN

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Kazim Icboyun

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

Turkish · United Kingdom · Age 47

108, Roman Bank, Skegness, PE25 2SP

Notified 07/10/2016

CompanyRankvs 1826+ SIC 46320 peers
40

Financial strength10th percentile among SIC peers · 3/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.84× · 6/20
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 strength3/25 pts

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

Employees6/15 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.

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 31/10/2025

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

2avg. employees

Balance Sheet

Bank loans & overdrafts£18k
Assets less current liabilities£6k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.84-£9k
20241.09+£12k
20230.51

Derived from filed accounts. Not audited figures.