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Pathway (Martello) Limited

13138746

active
Private Limited Company
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

BANK COURT, VERWOOD, BH31 6DY
Incorporated 18/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Simon Craig Philpot

director · Since 18/01/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 22 other boards

Mr Mark Peter Ruckwood

director · Since 18/01/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 15 other boards

Persons with Significant Control

Mr Simon Craig Philpot

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 60

Bank Court, 12a Manor Road, Verwood, BH31 6DY

Notified 18/01/2021

Mr Mark Peter Ruckwood

25–50% shares
25–50% votes

British · United Kingdom · Age 59

Bank Court, 12a Manor Road, Verwood, BH31 6DY

Notified 18/01/2021

Charges4 outstanding

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outstanding

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Charge
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BUSINESS LENDING RESIDENTIAL FUNDING 3 LIMITED

Created 25/08/2021Registered 31/08/2021Satisfied 01/05/2024
Charge
satisfied

BUSINESS LENDING RESIDENTIAL FUNDING 3 LIMITED

Created 25/08/2021Registered 31/08/2021Satisfied 01/05/2024

CompanyRankvs 68791+ SIC 41100 peers
26

Financial strength1th percentile among SIC peers · 0/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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68791Pathway (Martello) Limited
32
How is this score calculated?
Financial strength0/25 pts

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

Employees10/15 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.

Longevity5/15 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 31/05/2024

Net Worth

-£839k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£839k

Working capital

Current Assets

£4.4M

Current Liabilities

£5.3M

Debtors

£2.3M

2avg. employees

Balance Sheet

Bank loans & overdrafts£4.7M
Assets less current liabilities-£839k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.84-£184k
20230.91-£434k
20220.95—

Derived from filed accounts. Not audited figures.