Second Way Property Ltd
11542824
Some Concerns
- Negative net worth (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 29/08/2025
Due 12/09/2026
Industry
Officers
director · Since 30/08/2018
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 1 other board
director · Since 30/08/2018
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 11 other boards
director · Since 30/08/2018
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 11 other boards
Charges2 outstanding
SANTANDER UK PLC
SANTANDER UK PLC
CompanyRankvs 1199230+ SIC 68100 peers28
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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.
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
-£196k
Balance sheet strength
Cash
£102k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£604k
Debtors
£21k
Tax at Year End(2022)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2025 | — | +£5k |
| 2024 | — | -£1.2M |
| 2023 | — | +£32k |
| 2022 | 4.99 | +£759k |
| 2021 | 2.61 | -£46k |
| 2020 | 2.26 | +£314k |
Derived from filed accounts. Not audited figures.