Northway Ltd
10827938
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/06/2017
DIRECTOR
IRAQI · UNITED KINGDOM · Age 43
Also on 1 other board
Persons with Significant Control
Mr Delan Salahuddin Said
Iraqi · United Kingdom · Age 43
11 Ramshill Road, Scarborough, YO11 2LN
Notified 20/06/2017
Former PSCs
Mr Declan Said
Ceased 08/07/2019
CompanyRankvs 25763+ SIC 56103 peers40
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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 30/06/2025
Net Worth
-£36k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£54k
Working capital
Current Assets
£12k
Current Liabilities
£65k
Fixed Assets
£21k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.18 | +£0 |
| 2025 | 0.18 | +£6k |
| 2024 | 0.01 | -£21k |
| 2023 | 0.07 | -£15k |
| 2022 | 0.08 | — |
| 2021 | 0.80 | — |
| 2020 | 6.67 | +£18k |
| 2019 | 0.35 | -£6k |
| 2018 | 0.98 | — |
Derived from filed accounts. Not audited figures.