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Washway Properties Ltd

11590383

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

334 SLADE LANE, MANCHESTER, M19 2BL
Incorporated 26/09/2018

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

Mr Tariq Ali

director · Since 26/09/2018

SALESMAN

BRITISH · UNITED KINGDOM · Age 37

Also on 6 other boards

Mr Mohammed Siddiq

director · Since 26/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 8 other boards

Persons with Significant Control

Mr Tariq Ali

Significant control

British · United Kingdom · Age 37

334, Slade Lane, Manchester, M19 2BL

Notified 03/10/2024

Mr Mohammed Siddiq

Significant control

British · England · Age 60

334, Slade Lane, Manchester, M19 2BL

Notified 03/10/2024

Charges5 outstanding

Charge
outstanding

LLOYDS BANK PLC

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outstanding

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Charge
outstanding

LLOYDS BANK PLC

Created 03/12/2018Registered 20/12/2018
Charge
outstanding

LLOYDS BANK PLC

Created 03/12/2018Registered 20/12/2018
Charge
outstanding

LLOYDS BANK PLC

Created 15/11/2018Registered 15/11/2018

CompanyRankvs 41204+ SIC 68100 peers
47

Financial strength81th percentile among SIC peers · 20/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 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.

Longevity8/15 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 30/09/2024

Net Worth

£63k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£827k

Working capital

Current Assets

£132k

Current Liabilities

£959k

Fixed Assets

£2.1M

2avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14+£39k
20230.09-£20k
20220.55+£32k
20210.56-£12k
20200.53+£5k
20190.00

Derived from filed accounts. Not audited figures.