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Way2destination Ltd

13673371

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

10 CARDIGAN STREET, LUTON, LU1 1RR
Incorporated 12/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68310
Real estate agencies

Officers

Mr Vamshi Krishna Peddi

director · Since 06/08/2025

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 30

Also on 2 other boards

Persons with Significant Control

Mr Vamshi Krishna Peddi

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

Indian · England · Age 30

10 Cardigan Street, Cardigan Street, Luton, LU1 1RR

Notified 19/12/2025

Former PSCs

Mr Vamshi Krishna Peddi

Ceased 19/01/2024

Mr Nikhilkumarreddy Arra

Ceased 19/12/2025

CompanyRankvs 13194+ SIC 43390 peers
66

Financial strength66th percentile among SIC peers · 17/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.98× · 16/20
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 strength17/25 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.

Liquidity16/20 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 31/10/2024

Net Worth

£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£25k

Current Liabilities

£13k

4avg. employees+4

Balance Sheet

Assets less current liabilities£12k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.98+£7k
20233.67+£4k
20221.83

Derived from filed accounts. Not audited figures.