The Firmwatch take
The Mettle Way Limited is a 4-year-old arts and entertainment, active on the Companies House register. The latest filed accounts (year to 30 April 2025) show -GBP 13k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Pulse · Net assets, 2024–2025
↘ £9kIncorporated
27 April 2022
4 years on the register
Sector
Operation of sports facilities
SIC 93110
Size
Not classified
Net assets
−£13k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
30/100
watch risk
Estimated public-data value
-£13,002 - £0
low confidence - negative net assets visible value
Sector comparison
Sector: Arts and Entertainment
Sample: 30,378 companies
Negative net assets: 19.8%
- Net assets vs sector median
- -£13,832
- Working capital vs sector median
- £11,855
- Sector median current ratio
- 1.12
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 10% in sector · Sector medians shown for 30,378 filers in this sector (2025).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£15,028
Current liabilities
Amounts due within one year (short-term creditors).
£1,428
Working capital
Current assets minus current liabilities.
£13,600
Median £2k
Fixed assets
Long-term tangible and intangible assets.
£4,250
Total assets less current liabilities
Fixed assets plus working capital.
£17,850
Net assets
What's left after liabilities are deducted from assets.
-£13,002
Median £830
Equity (capital & reserves)
Shareholder funds.
-£13,002
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
10.5×
Median 1.1×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.