Light Aircraft Association Limited
00606312
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 25/05/2026
Due 08/06/2027
Industry
Officers
director · Since 11/04/2023
CHIEF EXECUTIVE OFFICER
BRITISH · ENGLAND · Age 68
Also on 2 other boards
director · Since 15/10/2023
FLIGHT INSTRUCTOR
BRITISH · UNITED KINGDOM · Age 46
director · Since 19/10/2025
CONSULTANT
BRITISH · ENGLAND · Age 58
Also on 3 other boards
director · Since 19/10/2025
AERONAUTICAL ENGINEER
BRITISH · ENGLAND · Age 64
Also on 1 other board
director · Since 19/10/2025
UNIVERSITY PROFESSOR
BRITISH · ENGLAND · Age 63
Also on 2 other boards
director · Since 19/10/2025
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 73
Also on 5 other boards
Former
director · Resigned 25/06/2026
Persons with Significant Control
Mr Simon Robert Tilling
British · England · Age 68
Turweston Aerodrome, Northamptonshire, NN13 5YD
Notified 11/04/2023
Former PSCs
Mr Stephen Slater
Ceased 14/04/2023
CompanyRankvs 40+ SIC 94990 peers89
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£963k
Balance sheet strength
Cash
£282k
Cash in the bank
Net Current Assets
£942k
Working capital
Current Assets
£1.4M
Current Liabilities
£424k
Fixed Assets
£22k
Debtors
£75k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.22 | +£75k |
| 2023 | 3.06 | — |
Derived from filed accounts. Not audited figures.