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Hospitality Way Ltd

13481603

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

3 C/O ULTRA SPORT, CASTLE DONINGTON, DE74 2HP
Incorporated 28/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants
56302
Public houses and bars

Officers

Mr Gordon Keith Way

director · Since 28/06/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 1 other board

Mr Oliver Thomas Way

director · Since 01/07/2021

LANDLORD

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Oliver Thomas Way

25–50% shares
25–50% votes
Appoint directors

British · England · Age 38

3, C/O Ultra Sport, Castle Donington, DE74 2HP

Notified 28/06/2021

Mr Gordon Keith Way

25–50% shares
25–50% votes
Appoint directors

British · England · Age 70

3, C/O Ultra Sport, Castle Donington, DE74 2HP

Notified 28/06/2021

CompanyRankvs 17825+ SIC 56101 peers
46

Financial strength29th percentile among SIC peers · 7/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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17825Hospitality Way Ltd
42
How is this score calculated?
Financial strength7/25 pts

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

Employees13/15 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 31/12/2024

Net Worth

-£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£55k

Current Liabilities

£79k

Fixed Assets

£22k

20avg. employees-2

Balance Sheet

Assets less current liabilities-£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.70-£29k
20231.00—

Derived from filed accounts. Not audited figures.