Ernest Way Ltd
12328293
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Ernest Wai Cheong Ip
Hong Konger · Hong Kong · Age 68
23, Argyle Street, Liverpool, L1 5BL
Notified 22/11/2019
Susanna Sze Lai Wong
Hong Konger · Hong Kong · Age 55
23, Argyle Street, Liverpool, L1 5BL
Notified 22/11/2019
Charges0 outstanding
THE BANK OF EAST ASIA, LIMITED
THE BANK OF EAST ASIA, LIMITED
CompanyRankvs 199683+ SIC 68209 peers38
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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.
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
-£36k
Balance sheet strength
Cash
£836
Cash in the bank
Net Current Assets
-£1.6M
Working capital
Current Assets
£5k
Current Liabilities
£1.6M
Fixed Assets
£1.5M
Debtors
£4k
Director Loans(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | +£21k |
| 2024 | 0.02 | -£7k |
| 2023 | 0.02 | -£18k |
| 2022 | 0.03 | -£7k |
| 2020 | 0.03 | — |
Derived from filed accounts. Not audited figures.