Penway Holdings Ltd
11783813
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Derek Roy Neerkin
British · England · Age 80
Cavell House, 2a Charing Cross Road, London, WC2H 0HF
Notified 23/01/2019
Former PSCs
Mr Steven James Neerkin
Ceased 20/06/2024
Charges1 outstanding
PENNINE WAY LIMITED
CompanyRankvs 968+ SIC 56301 peers39
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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 31/01/2025
Net Worth
£200
Balance sheet strength
Cash
£488k
Cash in the bank
Net Current Assets
-£224k
Working capital
Current Assets
£1.2M
Current Liabilities
£1.4M
Fixed Assets
£462k
Debtors
£728k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.84 |
| 2024 | 1.68 |
| 2023 | 31.70 |
Derived from filed accounts. Not audited figures.