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Premium Way Ltd

12751460

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 16 outstanding charges (-10)

Details

19 BELFAST ROAD, LONDON, N16 6UN
Incorporated 17/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Naftuli Elimelech Stern

director · Since 17/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 7 other boards

Persons with Significant Control

Mr Naftuli Elimelech Stern

75–100% shares
75–100% votes
Appoint directors

British · England · Age 37

19, Belfast Road, London, N16 6UN

Notified 17/07/2020

Charges16 outstanding

Charge
outstanding

LENDCO LIMITED

Created 28/04/2022Registered 28/04/2022
Charge
outstanding

LENDINVEST BTL LIMITED

Created 23/03/2022Registered 30/03/2022
Charge
satisfied

LENDCO LIMITED

Created 21/12/2021Registered 23/12/2021Satisfied 15/09/2022
Charge
outstanding

LENDCO LIMITED

Created 10/09/2021Registered 13/09/2021
Charge
outstanding

LENDCO LIMITED

Created 29/06/2021Registered 16/07/2021
Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 25/06/2021Registered 25/06/2021
Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 25/06/2021Registered 25/06/2021
Charge
outstanding

LENDINVEST BTL LIMITED

Created 11/06/2021Registered 25/06/2021
Charge
outstanding

LENDCO LIMITED

Created 14/05/2021Registered 04/06/2021
Charge
outstanding

LENDCO LIMITED

Created 14/05/2021Registered 04/06/2021
Charge
outstanding

LENDCO LIMITED

Created 14/05/2021Registered 04/06/2021
Charge
outstanding

LENDINVEST BTL LIMITED

Created 30/04/2021Registered 04/05/2021
Charge
outstanding

LENDINVEST BTL LIMITED

Created 21/04/2021Registered 21/04/2021
Charge
satisfied

LENDCO LIMITED

Created 28/01/2021Registered 11/02/2021Satisfied 15/09/2022
Charge
outstanding

LENDCO LIMITED

Created 20/01/2021Registered 29/01/2021
Charge
outstanding

LENDCO LIMITED

Created 20/01/2021Registered 28/01/2021
Charge
satisfied

LENDCO LIMITED

Created 11/01/2021Registered 18/01/2021Satisfied 15/09/2022
Charge
outstanding

LENDINVEST BTL LIMITED

Created 14/12/2020Registered 17/12/2020
Charge
outstanding

LENDINVEST BTL LIMITED

Created 10/12/2020Registered 14/12/2020
Charge
satisfied

LENDCO LIMITED

Created 30/10/2020Registered 09/11/2020Satisfied 15/09/2022
Charge
satisfied

LENDCO LIMITED

Created 30/10/2020Registered 09/11/2020Satisfied 15/09/2022
Charge
satisfied

LENDCO LIMITED

Created 30/10/2020Registered 09/11/2020Satisfied 15/09/2022
Charge
satisfied

LENDCO LIMITED

Created 30/10/2020Registered 09/11/2020Satisfied 15/09/2022
Charge
satisfied

LENDCO LIMITED

Created 30/09/2020Registered 15/10/2020Satisfied 15/09/2022
Charge
satisfied

LENDCO LIMITED

Created 04/09/2020Registered 08/09/2020Satisfied 15/09/2022
Charge
satisfied

LENDCO LIMITED

Created 04/09/2020Registered 08/09/2020Satisfied 15/09/2022
Charge
satisfied

LENDCO LIMITED

Created 28/08/2020Registered 04/09/2020Satisfied 15/09/2022

CompanyRankvs 67231+ SIC 68100 peers
39

Financial strength91th percentile among SIC peers · 23/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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.

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.

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 31/07/2024

Net Worth

£305k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£940k

Current Liabilities

£2.3M

Debtors

£938k

0avg. employees

Balance Sheet

Bank loans & overdrafts£4.2M
Assets less current liabilities£4.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.40+£62k
20230.41+£56k
20220.29-£38k
20210.35

Derived from filed accounts. Not audited figures.