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Armada Investments Limited

01140855

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

ARMADA HOUSE, ODHAMS WHARF, EXETER, EX3 0PB
Incorporated 22/10/1973

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/09/2025

Due 14/10/2026

On track

Industry

64910
Financial leasing

Officers

Mr Martin John Fishleigh

director · Since 18/10/1991

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 81

Also on 7 other boards

Mr Kirk Martin Smith

director · Since 18/10/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 2 other boards

Heather Anne Smith

secretary · Since 02/02/1996

DIRECTOR

BRITISH · Age 61

Also on 7 other boards

Heather Anne Smith

director · Since 02/02/1996

DIRECTOR

BRITISH · Age 61

Also on 7 other boards

Mr David John Drewett

director · Since 03/11/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Mr Oliver Raymond Frederick Nash

director · Since 06/06/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr David John Drewett

Significant control

British · United Kingdom · Age 53

Armada House, Odhams Wharf, Exeter, EX3 0PB

Notified 06/04/2016

Mr Kirk Martin Smith

50–75% shares
50–75% votes

British · United Kingdom · Age 82

Armada House, Odhams Wharf, Exeter, EX3 0PB

Notified 06/04/2016

Mr Martin John Fishleigh

Significant control

British · United Kingdom · Age 81

Lime Court, Pathfields Business Park, South Molton, EX36 3LH

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 20/12/2022Registered 09/01/2023
Charge
satisfied

HAMPSHIRE TRUST BANK PLC

Created 24/08/2015Registered 24/08/2015Satisfied 14/12/2022
Charge
outstanding

INVESTEC ASSET FINANCE PLC

Created 04/07/2013Registered 09/07/2013
charge
outstanding

ALDERMORE BANK PLC (PURCHASER)

Created 22/01/2013Registered 26/01/2013
charge
outstanding

HITACHI CAPITAL (UK) PLC

Created 16/11/2012Registered 17/11/2012
charge
outstanding

SIEMENS FINANCIAL SERVICES LTD

Created 07/10/2011Registered 11/10/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/11/2006Registered 21/11/2006Satisfied 12/08/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/02/1998Registered 16/03/1998Satisfied 12/08/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/02/1994Registered 09/02/1994Satisfied 19/03/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/02/1994Registered 09/02/1994Satisfied 19/03/1998
charge
satisfied

HITACHI CREDIT (U.K.) PLC

Created 15/12/1993Registered 16/12/1993Satisfied 19/06/2009
charge
satisfied

HITACHI CREDIT (U.K.) PLC

Created 04/12/1991Registered 10/12/1991Satisfied 17/02/1998
charge
satisfied

MANUFACTURERS HANOVER TRUST COMPANY

Created 15/10/1991Registered 24/10/1991Satisfied 10/11/2012
charge
satisfied

BARCLAYS BANK PLC

Created 15/10/1991Registered 24/10/1991Satisfied 22/01/1998
charge
satisfied

BARCLAYS BANK PLC

Created 15/10/1991Registered 24/10/1991Satisfied 21/08/1997
charge
satisfied

MANUFACTURERS HANOVER TRUST COMPANY

Created 15/10/1991Registered 24/10/1991Satisfied 21/08/1997
charge
satisfied

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED.

Created 18/12/1990Registered 27/12/1990Satisfied 25/09/1991
charge
satisfied

BARCLAYS BANK PLC

Created 22/12/1989Registered 10/01/1990Satisfied 26/11/1991
charge
satisfied

MANUFACTURERS HANOVER TRUST LIMITED

Created 31/07/1989Registered 08/08/1989Satisfied 21/08/1997
charge
satisfied

MANUFACTURERS HANOVER TRUST LIMITED

Created 31/07/1989Registered 08/08/1989Satisfied 21/08/1997
charge
satisfied

BARCLAYS BANK PLC

Created 07/07/1989Registered 13/07/1989Satisfied 26/11/1991
charge
satisfied

BARCLAYS BANK PLC

Created 15/04/1983Registered 06/05/1983Satisfied 21/08/1997
charge
satisfied

MANUFACTURERS HANOVER TRUST COMPANY

Created 22/12/1980Registered 23/12/1980Satisfied 21/08/1997

CompanyRankvs 105+ SIC 64910 peers
69

Financial strength94th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.21× · 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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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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£38.0M

Annual revenue

Net Worth

£26.3M

Balance sheet strength

Cash

£3.0M

Cash in the bank

Profit Before Tax

£3.7M

Bottom line earnings

Net Current Assets

£34.1M

Working capital

Current Assets

£49.5M

Current Liabilities

£15.4M

Fixed Assets

£2.5M

Debtors

£46.5M

Cost of Sales

£26.0M

Gross Profit

£12.1M

Admin Expenses

£6.4M

Operating Profit

£5.8M

Profit After Tax

£2.7M

23avg. employees+1

Tax at Year End

Corp tax£495k
Dividends paid£733k

People Costs

Wages & salaries£1.8M
NI contributions£224k

Balance Sheet

Bank loans & overdrafts£13.1M
Assets less current liabilities£36.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20253.21+£2.0M
20242.95+£2.0M
20232.56+£2.4M
20224.05+£1.8M
20212.55

Derived from filed accounts. Not audited figures.