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Pathway (Martello) Limited

13138746

active
ltd
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

Bank Court, 12a Manor Road, Verwood, BH31 6DY
Incorporated 18/01/2021

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 17/01/2026

Due 31/01/2027

On track

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

Simon Craig Philpot

director · Since 18/01/2021

British · United Kingdom · Age 60

Mark Peter Ruckwood

director · Since 18/01/2021

British · United Kingdom · Age 59

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

Charge
outstanding

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LENDCO LIMITED

Created 21/05/2025Registered 22/05/2025
Charge
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MSP CAPITAL LTD

Created 04/06/2024Registered 07/06/2024
Charge
outstanding

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Created 04/06/2024Registered 07/06/2024
Charge
satisfied

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

Change History

statusactive
2026-08-07

Active

typeltd
2026-08-07

Private Limited Company

address line1Bank Court
2026-08-07

BANK COURT

post townVerwood
2026-08-07

VERWOOD

officer appointedPHILPOT, Simon Craig
2026-08-07
officer appointedRUCKWOOD, Mark Peter
2026-08-07

CompanyRankvs 65898+ SIC 41100 peers
28

Financial strength2th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.78× · 6/20
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 strength1/25 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.

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 31/05/2025

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

2avg. employees

Balance Sheet

Assets less current liabilities-£737k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78+£101k
20240.84-£184k
20230.91

Derived from filed accounts. Not audited figures.