Specialist Aviation Manufacturing Limited
01179848
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/12/2013
DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 6 other boards
Persons with Significant Control
Mr Nicolas Jonathan Cole
British · England · Age 58
Jubilee House, Jubilee Road, Letchworth Garden City, SG6 1WU
Notified 31/07/2020
Former PSCs
Specialist Aviation Holdings Ltd
Ceased 31/07/2020
Mr David Eric Spencer
Ceased 28/11/2025
Charges1 outstanding
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CompanyRankvs 501+ SIC 25620 peers65
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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.
Risk deductions
Outstanding charges: -10 pts
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
£547k
Balance sheet strength
Cash
£94k
Cash in the bank
Net Current Assets
£344k
Working capital
Current Assets
£1.1M
Current Liabilities
£789k
Fixed Assets
£495k
Debtors
£540k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.44 | +£140k |
| 2023 | 1.74 | +£261k |
| 2022 | 1.42 | +£101k |
| 2021 | 1.18 | — |
| 2019 | 2.15 | — |
| 2018 | 2.15 | — |
Derived from filed accounts. Not audited figures.