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Aircare Freight Services Limited

01417916

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

37 BEAVERS LANE, MIDDX, TW4 6EH
Incorporated 08/05/1979

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 14/06/2025

Due 28/06/2026

On track

Industry

51210
Freight air transport

Officers

Mr Arvinder Sibia

secretary · Since 14/06/1991

BRITISH · UNITED KINGDOM · Age 74

Also on 7 other boards

Mr Arvinder Sibia

director · Since 14/06/1991

AIRFREIGHT AGENT

BRITISH · UNITED KINGDOM · Age 74

Also on 7 other boards

Mr Herinder Pal Singh Sibia

director · Since 06/04/1997

EXPORT MANAGER

BRITISH · ENGLAND · Age 72

Also on 1 other board

Mr Satinder Singh Sibia

director · Since 06/04/1997

IMPORT MANAGER

BRITISH · ENGLAND · Age 67

Also on 1 other board

Persons with Significant Control

Mr Arvinder Sibia

Significant control

British · United Kingdom · Age 74

37 Beavers Lane, Middx, TW4 6EH

Notified 01/08/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/03/2019Registered 25/03/2019

CompanyRankvs 330+ SIC 51210 peers
49

Financial strength65th percentile among SIC peers · 16/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.46× · 12/20
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 strength16/25 pts

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

Employees11/15 pts

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

Liquidity12/20 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/07/2024

Net Worth

£12k

Balance sheet strength

Cash

£257k

Cash in the bank

Net Current Assets

£123k

Working capital

Current Assets

£388k

Current Liabilities

£265k

Fixed Assets

£4k

Debtors

£131k

3avg. employees

Balance Sheet

Assets less current liabilities£127k
Signed by Mr H Sibia,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.46-£19k
20231.37-£49k
20221.69

Derived from filed accounts. Not audited figures.