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Expressair International Limited

01885331

active
Private Limited Company
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

5-6 HORTON ROAD, SLOUGH, SL3 0DF
Incorporated 12/02/1985

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/05/2025

Due 12/06/2026

Overdue

Industry

53202
Unlicensed carriers

Officers

Mr Michael John William Townsend

director · Since 29/05/1991

AIR COURIER

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Persons with Significant Control

Mr Michael John William Townsend

25–50% shares

British · England · Age 67

5-6 Horton Road, Colnbrook, Slough, SL3 0DF

Notified 06/04/2016

Former PSCs

Mr Stuart David Jack

Ceased 10/01/2022

Charges3 outstanding

charge
outstanding

STOW T5 JERSEY LIMITED

Created 22/08/2012Registered 25/08/2012
charge
outstanding

STOW T5 JERSEY LIMITED

Created 23/04/2009Registered 13/05/2009
charge
outstanding

STOW T5 LIMITED

Created 30/03/2006Registered 19/04/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/06/1992Registered 12/06/1992Satisfied 21/01/1995

CompanyRankvs 3256+ SIC 53202 peers
42

Financial strength12th percentile among SIC peers · 3/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.64× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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

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

-£9k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£42k

Current Liabilities

£66k

Fixed Assets

£14k

Debtors

£27k

3avg. employees

Tax at Year End

VAT£1k

Director Loans

Company owes directors£46k

Balance Sheet

Assets less current liabilities-£9k
Signed by Mr Michael Townsend 22 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.64+£5k£25k
20230.65+£7k£27k
20220.57-£22k£199k
20210.91+£0
20201.03+£0
20191.72+£0
20181.33+£0
20171.04

Derived from filed accounts. Not audited figures.