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Path2solutions Ltd

13894513

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
70 / 100

Some Concerns

30/30
Filing
20/30
Financial
20/40
Risk
  • Active insolvency proceedings (-20)

Details

UNIT 64/65T NORTH EAST BUSINESS & INNOVATION CENTRE, SUNDERLAND, SR5 2TH
Incorporated 04/02/2022

Compliance

Last accounts

28/02/2026

micro entity

Next accounts due

30/11/2027

On track

Confirmation statement

Last: 03/02/2026

Due 17/02/2027

On track

Industry

85600
Educational support services

Officers

Mr Marc Francis Mcpake

director · Since 04/02/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mr Barry Waller

director · Since 04/02/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 6 other boards

Mrs Karen Davie Waller

director · Since 01/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Barry Waller

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

British · England · Age 43

12, Crozier Street, Sunderland, SR5 1JF

Notified 04/02/2022

Mr Marc Francis Mcpake

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

British · England · Age 44

Suite K, Business & Innovation Centre, Sunderland, SR5 2TH

Notified 01/08/2022

Former PSCs

Mr Marc Francis Mcpake

Ceased 01/08/2022

Mm Leisure Ne Ltd

Ceased 01/08/2022

Insolvency History1 case

creditors voluntary liquidation09/06/2026

Allan David Kelly (practitioner) · Shaun Hudson (practitioner)

CompanyRankvs 3914+ SIC 85600 peers
59

Financial strength89th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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3914Path2solutions Ltd
68
How is this score calculated?
Financial strength22/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£42k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£200k

Current Liabilities

£168k

Fixed Assets

£36k

14avg. employees+2

Balance Sheet

Assets less current liabilities£68k
Signed by Mr Marc McPake Mr Barry Waller 18th September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.19+£24k
20241.01-£43k
20231.50—

Derived from filed accounts. Not audited figures.