The Way Cafe Community Interest Company
15368558
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Alex Mcgowan
British · England · Age 52
14, Jackfield Close, Redditch, B98 0BF
Notified 01/09/2024
Former PSCs
Ms Karen Anne Ashley
Ceased 01/09/2024
CompanyRankvs 19050+ SIC 56102 peers35
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Turnover
£7k
Annual revenue
Net Worth
-£56
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£1k
Bottom line earnings
Net Current Assets
-£120
Working capital
Current Assets
—
Current Liabilities
£120
Fixed Assets
£64
Cost of Sales
£5k
Gross Profit
£1k
Admin Expenses
£0
Operating Profit
£1k
Balance Sheet