Well Way Holdings Limited
12303005
Healthy
- No accounts filed in last 18 months (-5)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Karl Spencer Welborn
British · England · Age 44
3, Birch House, Bromsgrove, B60 4DJ
Notified 07/11/2019
Charges2 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
BARCLAYS SECURITY TRUSTEE LIMITED
CompanyRankvs 8814+ SIC 64209 peers55
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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 31/10/2024
Net Worth
£517k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£247k
Working capital
Current Assets
£260k
Current Liabilities
£13k
Fixed Assets
£484k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 19.68 | +£109k |
| 2023 | 17.63 | — |
Derived from filed accounts. Not audited figures.