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Expressair International Limited

01885331

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

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

On track

Industry

53202
Unlicensed carriers

Officers

Michael John William Townsend

director

British

Former

Stuart David Jack

secretary · Resigned 10/01/2022

Stuart David Jack

director · Resigned 10/01/2022

John Norman Worth

director · Resigned 27/05/1994

CompanyRankvs 41240+ SIC 53202 peers
52

Financial strength11th percentile among SIC peers · 3/25
Employees85th 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
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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.

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-£15k£27k
20171.04

Derived from filed accounts. Not audited figures.