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Propway Ltd

12473191

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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 20/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Mian Mohammad Omer

director · Since 20/02/2020

DIRECTOR

PAKISTANI · PAKISTAN · Age 38

Persons with Significant Control

Mr Mian Mohammad Omer

75–100% shares
75–100% votes

Pakistani · Pakistan · Age 38

124, City Road, London, EC1V 2NX

Notified 20/02/2020

CompanyRankvs 39087+ SIC 43390 peers
32

Financial strength15th percentile among SIC peers · 4/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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39087Propway Ltd
28
How is this score calculated?
Financial strength4/25 pts

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

Employees1/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 28/02/2025

Net Worth

-£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£2k

Current Liabilities

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.59+£42k
20240.00—

Derived from filed accounts. Not audited figures.