£32k
+81%vs Mar 2024Active12564857Private limited companyWillenhall
EXPLORER WAYS LIMITED
Significant control: Ibironke Adelana (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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01
Summary
EXPLORER WAYS LIMITED is an active private limited company (company number 12564857) incorporated on 20 April 2020, registered in Willenhall. Its registered activity is event catering activities (SIC 56210). Latest small accounts cover the period ending 31 March 2025, showing net assets of £32k and cash of £66k, with 4 employees on average. Net assets rose 81% on the prior period (£18k).
Peer position · net assets
By net assets it sits in the top quarter of 548 comparable companies in Birmingham (median £100, upper quartile £5,758).
02
Ownership and control
- Ms Ibironke Adelana
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mr Adesegun Adewale Adelana
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 20 April 20206 yrs ago
- Next accounts due
- 31 December 2026in 68 days
- Confirmation statement due
- 4 May 2027in 192 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 56210
- Event catering activities
- SIC 62020
- Information technology consultancy activities
- SIC 88910
- Child day-care activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£66k
+83%vs Mar 2024Not reported
4
+100%vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £32k | £66k | £2 | £42k | — | — | 4 |
| 31 March 2024 | £18k | £36k | £2 | £29k | — | — | 2 |
Current ratio1.55Current assets ÷ creditors within one year
Cash per employee£16kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £32,322 at 31 March 2025
- Net assets up 10% or more on the prior period+80.9% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 1.55
- Cash at bank of £50,000 or moreCash £65,688
- Incorporated five or more years agoIncorporated 20 April 2020
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 192 days
- Next accounts duein 68 days
- Accounts period endNet assets £32k · small accounts
- Accounts period endNet assets £18k · small accounts
- Incorporated
08
Similar companies in Birmingham
- BARS PUBS CAFES TRADING LIMITEDBirmingham · inc. Apr 2020
- ARNIE ENTERPRISES LTDCannock · inc. Apr 2020
- TAYYIB KARAHI UK LTDBirmingham · inc. Mar 2020
- MAHESH CATERERS LTDSmethwick · inc. Mar 2020
- THE DECOR WAREHOUSE LIMITEDBirmingham · inc. Mar 2020
- OSCAR CASTRO LTDBirmingham · inc. Jun 2020
All companies incorporated on 20 April 2020 · in Apr 2020.
09
Reminders for EXPLORER WAYS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.