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M Way Group Limited

13396857

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

ROBERTS & CO. UNIT 2 TOWER HOUSE, HODDESDON, EN11 8UR
Incorporated 14/05/2021

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 13/05/2025

Due 27/05/2026

On track

Industry

38110
Collection of non-hazardous waste

Officers

Mr Michael Daniel Alonzo Manchester

director · Since 14/05/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Michael Daniel Alonzo Manchester

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

British · England · Age 38

Unit 2 Tower House, Hoddesdon, EN11 8UR

Notified 14/05/2021

CompanyRankvs 2926+ SIC 38110 peers
42

Financial strength44th percentile among SIC peers · 11/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees5/15 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.

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

£687

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£176

Working capital

Current Assets

£20k

Current Liabilities

£20k

Fixed Assets

£12k

Debtors

£12k

1avg. employees

Tax at Year End(2022)

Corp tax£2k

Balance Sheet

Assets less current liabilities£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.99
20241.13
20231.19
20222.02

Derived from filed accounts. Not audited figures.