# WAY ELECTRIFICATION LIMITED (08967434)

> WAY ELECTRIFICATION LIMITED is an active private limited company (company number 08967434) incorporated on 31 March 2014, registered in Warwick. Its registered activity is other engineering activities (SIC 71129). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £42k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 8% on the prior period (£39k).

- Status: Active
- Incorporated: 2014-03-31
- Registered office: Warwick, CV34 6AH
- SIC 71129: Other engineering activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-04-14
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 315 comparable companies in Coventry (median £6,215, upper quartile £42k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £42k | — | — | £9,123 | — | — | 1 |
| 2024-03-31 | £39k | — | — | £14k | — | — | 1 |

current ratio 5.63; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £42,257 at 31 March 2025
- Current assets at least 1.5× creditors within one year: Current ratio 5.63
- Incorporated five or more years ago: Incorporated 31 March 2014

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Derek John Way — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/08967434
HTML: https://firmoscan.com/company/08967434-way-electrification-limited