Back to search

Underway Construction Ltd

14329438

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

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 01/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings
43390
Other building completion and finishing

Officers

Mr Henry William John Cotton

director · Since 01/09/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Persons with Significant Control

Mr Henry William John Cotton

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

British · United Kingdom · Age 30

20-22, Wenlock Road, London, N1 7GU

Notified 01/09/2022

CompanyRankvs 60833+ SIC 41202 peers
33

Financial strength13th percentile among SIC peers · 3/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Carver (Wolverhampton) Limited
90
2J.W.Stratton Limited
90
3James O'Flanagan Limited
90
4Taylor Lindsey Limited
90
5S.D. Holdings Limited
90
6H.H.Adkins(Contractors)Limited
90
7Dutton And Peters Limited
90
8Kebbell Development Limited
90
9A. Hammond & Sons Limited
90
10R.C. Pillar & Sons Ltd
90
60833Underway Construction Ltd
28
How is this score calculated?
Financial strength3/25 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.

Longevity4/15 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

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£23k

Current Liabilities

£26k

Fixed Assets

£12k

1avg. employees

Balance Sheet

Assets less current liabilities£10k
Signed by 1.10.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.91

Derived from filed accounts. Not audited figures.