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Longway Developments Ltd

10900907

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

Hillbit House, New Street, Manchester, M40 8AW
Incorporated 04/08/2017

Compliance

Last accounts

30/08/2024

total exemption full

Next accounts due

30/08/2026

On track

Confirmation statement

Last: 03/08/2025

Due 17/08/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Abdul Ghafoor Podha

director · Since 04/08/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 8 other boards

Abdul Ghafoor Podha

director · Since 04/08/2017

British · United Kingdom · Age 71

Persons with Significant Control

Mr Hassan Ghafoor Fahad

25–50% shares
25–50% votes

British · England · Age 38

Hillbit House, New Street, Manchester, M40 8AW

Notified 04/08/2017

Mr Abdul Ghafoor Podha

25–50% shares
25–50% votes

British · United Kingdom · Age 71

Hillbit House, New Street, Manchester, M40 8AW

Notified 04/08/2017

Change History

status → active
2026-07-16

Active

type → ltd
2026-07-16

Private Limited Company

address line1 → Hillbit House
2026-07-16

HILLBIT HOUSE

post town → Manchester
2026-07-16

MANCHESTER

CompanyRankvs 191831+ SIC 68209 peers
29

Financial strength2th percentile among SIC peers · 1/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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191831Longway Developments Ltd
38
How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The company has net current liabilities and net liabilities at the balance sheet date. In order to continue to trade, the company is reliant upon the support of its Directors and Shareholders. It ha

Key FinancialsYear ending 30/08/2024

Net Worth

-£182k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£7k

Current Liabilities

£85k

Fixed Assets

£2.6M

Debtors

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£2.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£49k
20230.06—

Derived from filed accounts. Not audited figures.