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West Way Health Limited

14730095

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

3 ST. ELEANORS CLOSE, WEST BROMWICH, B70 6TW
Incorporated 14/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Gagandeep Singh Mand

director · Since 14/03/2023

PHARMACIST

BRITISH · ENGLAND · Age 35

Also on 6 other boards

Mrs Manpreet Kaur Mand

director · Since 14/03/2023

PHARMACIST

BRITISH · UNITED KINGDOM · Age 36

Also on 1 other board

Persons with Significant Control

Mrs Manpreet Kaur Mand

25–50% shares
25–50% votes

British · United Kingdom · Age 36

3, St. Eleanors Close, West Bromwich, B70 6TW

Notified 14/03/2023

Mr Gagandeep Singh Mand

25–50% shares
25–50% votes

British · England · Age 35

3, St. Eleanors Close, West Bromwich, B70 6TW

Notified 14/03/2023

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 29/02/2024Registered 01/03/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 27/06/2023Registered 28/06/2023

CompanyRankvs 4218+ SIC 47730 peers
33

Financial strength40th percentile among SIC peers · 10/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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4218West Way Health Limited
39
How is this score calculated?
Financial strength10/25 pts

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

Employees9/15 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.

Longevity3/15 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

Outstanding charges: -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

£4k

Balance sheet strength

Cash

£136k

Cash in the bank

Net Current Assets

-£98k

Working capital

Current Assets

£209k

Current Liabilities

£308k

Fixed Assets

£228k

Debtors

£56k

5avg. employees

Balance Sheet

Intangible assets£209k
Assets less current liabilities£130k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.68

Derived from filed accounts. Not audited figures.