# EXPLORER WAYS LIMITED (12564857)

> 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).

- Status: Active
- Incorporated: 2020-04-20
- Registered office: Willenhall, WV13 2RA
- SIC 56210: Event catering activities
- SIC 62020: Information technology consultancy activities
- SIC 88910: Child day-care activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-05-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 548 comparable companies in Birmingham (median £100, upper quartile £5,758).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £32k | £66k | £2 | £42k | — | — | 4 |
| 2024-03-31 | £18k | £36k | £2 | £29k | — | — | 2 |

current ratio 1.55; size band micro.

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

- Net assets above zero: Net 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 year: Current ratio 1.55
- Cash at bank of £50,000 or more: Cash £65,688
- Incorporated five or more years ago: Incorporated 20 April 2020

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

## Persons with significant control

- Ms Ibironke Adelana — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-04-20

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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/12564857
HTML: https://firmoscan.com/company/12564857-explorer-ways-limited