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Advanced Air (Uk) Limited

01093689

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

THE FACTORY, THETFORD, IP24 3QU
Incorporated 01/02/1973

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Michael Thomas Nailor

director · Since 15/05/1991

DIRECTOR

CANADIAN · CANADA · Age 80

Steven Anthony Nailor

director · Since 13/05/1994

CHIEF OPERATING OFFICER

CANADIAN · UNITED STATES · Age 69

Mr Andrew Sargent

director · Since 25/03/2021

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 64

Mr Jonathan Stuart Hendry

secretary · Since 25/04/2025

Persons with Significant Control

Mr Michael T Nailor

Significant control

Canadian · Canada · Age 80

The Factory, Burrell Way, Thetford, IP24 3QU

Notified 01/06/2019

Former PSCs

Mr Steve Nailor

Ceased 01/06/2019

Charges5 outstanding

Charge
outstanding

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Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/05/2022Registered 09/05/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 05/05/2020Registered 11/05/2020Satisfied 25/07/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/02/2020Registered 02/03/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/01/2020Registered 18/02/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 29/04/2015Registered 07/05/2015
charge
satisfied

BARCLAYS BANK PLC

Created 02/04/2002Registered 12/04/2002Satisfied 07/05/2020
charge
satisfied

CLOSE BROTHERS LIMITED,

Created 10/08/1993Registered 20/08/1993Satisfied 18/02/1994
charge
satisfied

CLOSE BROTHERS LIMITED

Created 30/07/1992Registered 08/08/1992Satisfied 18/02/1994
charge
satisfied

TYNDALL & CO LTD

Created 27/06/1991Registered 16/07/1991Satisfied 18/02/1994
charge
satisfied

BARCLAYS BANK LTD

Created 23/07/1982Registered 29/07/1982Satisfied 07/05/2020

CompanyRankvs 87+ SIC 25990 peers
69

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.32× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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87Advanced Air (Uk) Limited
89
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

or - the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The other information comprises the information in

Key FinancialsYear ending 30/06/2020

Turnover

£11.0M

Annual revenue

Net Worth

£3.8M

Balance sheet strength

Cash

£591k

Cash in the bank

Profit Before Tax

£439k

Bottom line earnings

Net Current Assets

£2.8M

Working capital

Current Assets

£4.9M

Current Liabilities

£2.1M

Fixed Assets

£2.5M

Debtors

£2.7M

Cost of Sales

£7.4M

Gross Profit

£3.6M

Admin Expenses

£3.3M

Operating Profit

£469k

Profit After Tax

£388k

138avg. employees

Tax at Year End

Corp tax£100k
Dividends paid£105k

People Costs

Wages & salaries£3.7M
NI contributions£344k

Balance Sheet

Assets less current liabilities£5.3M
Prepared with Sage Accounts Production Advanced 2020 - FRS102_2019

EstimatesDerived

YearCurrent Ratio
20202.32

Derived from filed accounts. Not audited figures.