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Easternway Ltd

12940718

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 11 outstanding charges (-10)

Details

16 STAPLEFORD CLOSE, NEWCASTLE UPON TYNE, NE5 2NR
Incorporated 09/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Chi Wing Lam

director · Since 09/10/2020

DIRECTOR

DUTCH · UNITED KINGDOM · Age 64

Persons with Significant Control

Chi Wing Lam

75–100% shares

Dutch · United Kingdom · Age 64

16, Stapleford Close, Newcastle Upon Tyne, NE5 2NR

Notified 09/10/2020

Charges11 outstanding

Charge
outstanding

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ALDERMORE BANK PLC

Created 04/09/2023Registered 04/09/2023
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ALDERMORE BANK PLC

Created 07/08/2023Registered 08/08/2023
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 02/06/2023Registered 19/06/2023
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 02/06/2023Registered 19/06/2023
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 25/10/2022Registered 25/10/2022
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 30/06/2022Registered 21/07/2022
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 24/11/2021Registered 03/12/2021
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 26/08/2021Registered 13/09/2021
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 06/08/2021Registered 24/08/2021

CompanyRankvs 116754+ SIC 68100 peers
27

Financial strength20th percentile among SIC peers · 5/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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116754Easternway Ltd
36
How is this score calculated?
Financial strength5/25 pts

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

Employees9/15 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 31/10/2024

Net Worth

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£212k

Working capital

Current Assets

£2k

Current Liabilities

£215k

Fixed Assets

£781k

1avg. employees-3

Balance Sheet

Assets less current liabilities£568k
Signed by Mr Chi Lam 27/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£13k
20230.02+£11k
20220.00+£261
20210.62—

Derived from filed accounts. Not audited figures.