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Weald Way Limited

10788775

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

3 STATION ROAD, ROMFORD, RM6 4BE
Incorporated 25/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Sultana Begum

director · Since 25/05/2017

CO DIRECTOR

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mrs Sultana Begum

75–100% shares

British · England · Age 66

115, Fencepiece Road, Essex, Ilford, IG6 2LD

Notified 25/05/2017

Charges2 outstanding

Charge
outstanding

PARATUS AMC LIMITED

Created 04/03/2022Registered 05/03/2022
Charge
outstanding

ONESAVINGS BANK PLC

Created 15/08/2017Registered 16/08/2017

CompanyRankvs 97478+ SIC 68100 peers
34

Financial strength20th percentile among SIC peers · 5/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees9/15 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.

Longevity9/15 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 31/03/2025

Net Worth

-£5k

Balance sheet strength

Cash

£55k

Cash in the bank

Net Current Assets

-£26k

Working capital

Current Assets

£55k

Current Liabilities

£82k

Fixed Assets

£500k

1avg. employees

Director Loans

Company owes directors£6k

Balance Sheet

Assets less current liabilities£474k
Signed by Mrs Sultana BEGUM 11/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.68+£24k
20240.45+£17k
20230.43+£7k
20220.41+£11k
20210.06-£65k
2020-£16k
20190.02

Derived from filed accounts. Not audited figures.