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Easyway Logistics Limited

12407692

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

16 MANOR ROAD, NEWENT, GL18 1TH
Incorporated 16/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Dimitar Panayotov Tyakov

director · Since 16/01/2020

DIRECTOR

BULGARIAN · ENGLAND · Age 45

Persons with Significant Control

Mr Dimitar Panayotov Tyakov

Significant control

Bulgarian · England · Age 45

16 Manor Road, Newent, GL18 1TH

Notified 16/01/2020

CompanyRankvs 23531+ SIC 49410 peers
52

Financial strength8th percentile among SIC peers · 2/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.9× · 16/20
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 strength2/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/01/2025

Net Worth

-£11k

Balance sheet strength

Cash

£55k

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£102k

Current Liabilities

£54k

Fixed Assets

£18k

Debtors

£48k

3avg. employees+1

Tax at Year End

Corp tax£10
VAT£10k

Director Loans

Company owes directors£62k

Balance Sheet

Assets less current liabilities£66k
Signed by Mr Dimitar Tyakov 01/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.90-£6k£194k
20240.92+£6k£260k
20233.91£188k

Derived from filed accounts. Not audited figures.