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Wandle Way Ltd

11707446

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

MANDERLEY, SOUTH GODSTONE, RH9 8LF
Incorporated 03/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Nicholas Mason

director · Since 03/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 5 other boards

Mr Harminder Sond

director · Since 03/12/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Bluealeaf Developments Ltd

25–50% shares
25–50% votes
Appoint directors

98, Westbury Lane, Buckhurst Hill, IG9 5PW

Reg: 08773635 · England & Wales Company Registry · Private Limited Company

Notified 26/02/2025

Leapastute Ltd

25–50% shares

Manderley, Lower South Park, Godstone, RH9 8LF

Reg: 02142854 · England & Wales Company Registry · Private Limited Company

Notified 01/12/2025

Former PSCs

Mr Nicholas Mason

Ceased 26/02/2025

Charges5 outstanding

Charge
outstanding

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 02/04/2024Registered 03/04/2024
Charge
outstanding

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 02/04/2024Registered 03/04/2024
Charge
outstanding

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 22/05/2023Registered 07/06/2023
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 22/05/2023Registered 07/06/2023Satisfied 01/05/2024
Charge
outstanding

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 22/05/2023Registered 01/06/2023
Charge
outstanding

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 22/05/2023Registered 01/06/2023
Charge
satisfied

INVESTEC BANK PLC

Created 01/02/2019Registered 12/02/2019Satisfied 23/05/2023
Charge
satisfied

INVESTEC BANK PLC

Created 01/02/2019Registered 11/02/2019Satisfied 23/05/2023
Charge
satisfied

INVESTEC BANK PLC

Created 01/02/2019Registered 11/02/2019Satisfied 23/05/2023

CompanyRankvs 13997+ SIC 41201 peers
32

Financial strength1th percentile among SIC peers · 0/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.54× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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13997Wandle Way Ltd
51
How is this score calculated?
Financial strength0/25 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.

Liquidity20/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

Based on these assessments and having regard to the resources available to the entity, the Directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts. 2.3 Revenue Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue

Key FinancialsYear ending 31/12/2024

Net Worth

-£432k

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

£12.7M

Working capital

Current Assets

£20.9M

Current Liabilities

£8.2M

Debtors

£191k

2avg. employees

Balance Sheet

Assets less current liabilities£12.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.54-£14k
20231.78-£193k
20220.98+£3k
20211.79-£110k
2020163.73—

Derived from filed accounts. Not audited figures.