Pathway (Martello) Limited
13138746
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 17/01/2026
Due 31/01/2027
Industry
Officers
director · Since 18/01/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 22 other boards
director · Since 18/01/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 59
Also on 15 other boards
Persons with Significant Control
Mr Simon Craig Philpot
British · United Kingdom · Age 60
Bank Court, 12a Manor Road, Verwood, BH31 6DY
Notified 18/01/2021
Mr Mark Peter Ruckwood
British · United Kingdom · Age 59
Bank Court, 12a Manor Road, Verwood, BH31 6DY
Notified 18/01/2021
Charges4 outstanding
ALDERMORE BANK PLC
LENDCO LIMITED
MSP CAPITAL LTD
MSP CAPITAL LTD
BUSINESS LENDING RESIDENTIAL FUNDING 3 LIMITED
BUSINESS LENDING RESIDENTIAL FUNDING 3 LIMITED
Change History
Active
Private Limited Company
BANK COURT
VERWOOD
CompanyRankvs 65898+ SIC 41100 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
-£737k
Balance sheet strength
Cash
£56k
Cash in the bank
Net Current Assets
-£737k
Working capital
Current Assets
£2.6M
Current Liabilities
£3.3M
Debtors
£1.5M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.78 | +£101k |
| 2024 | 0.84 | -£184k |
| 2023 | 0.91 | — |
Derived from filed accounts. Not audited figures.