# HEADWAY WEALTH LTD (11831263)

> HEADWAY WEALTH LTD is an active private limited company (company number 11831263) incorporated on 18 February 2019, registered in Durham. Its registered activity is financial management (SIC 70221). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £124k, with 8 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 105% on the prior period (£61k).

- Status: Active
- Incorporated: 2019-02-18
- Registered office: Durham, DH1 5JZ
- SIC 70221: Financial management
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-04
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 162 comparable companies in Newcastle (median £9,601, upper quartile £68k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £124k | — | — | £160k | — | — | 8 |
| 2024-03-31 | £61k | — | — | £168k | — | — | 7 |

current ratio 1.6; size band micro.

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

- Net assets above zero: Net assets £124,430 at 31 March 2025
- Net assets up 10% or more on the prior period: +104.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.6
- Incorporated five or more years ago: Incorporated 18 February 2019

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

## Persons with significant control

- Hamzah Shalchi — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-02-18
- Mr Elliott Parkhouse — owns 25–50% of shares; holds 25–50% of voting rights, since 2021-01-21

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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/11831263
HTML: https://firmoscan.com/company/11831263-headway-wealth-ltd
