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Bright Way Care Services Ltd

12354243

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

662 HIGH ROAD, LONDON, N12 0NL
Incorporated 09/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87900
Other residential care activities

Officers

Mr Ilir Lika

director · Since 09/12/2019

DESIGNER

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Mr Ilir Lika

75–100% shares

British · United Kingdom · Age 52

662, High Road, London, N12 0NL

Notified 09/12/2019

Former PSCs

Mr Jeremiah Ezekiel Bonner

Ceased 08/12/2021

CompanyRankvs 8042+ SIC 87900 peers
31

Financial strength4th percentile among SIC peers · 1/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 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.

Longevity7/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£63k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£13k

Current Liabilities

£26k

Fixed Assets

£356

1avg. employees

Balance Sheet

Assets less current liabilities-£13k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.49-£2k
20230.53-£2k
20220.65-£4k
20210.78-£22k
20201.94

Derived from filed accounts. Not audited figures.