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Freightair Limited

01928102

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1 MYLORD CRESCENT, NEWCASTLE UPON TYNE, NE12 5UJ
Incorporated 03/07/1985

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/08/2025

Due 28/08/2026

On track

Industry

52290
Other transportation support activities

Officers

Mr Peter Wilkinson

director · Since 06/12/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Mrs Diane Elizabeth Wilkinson

secretary · Since 01/02/2024

Persons with Significant Control

Mr Peter Wilkinson

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 61

1 Mylord Crescent, Camperdown Industrial Estate, Newcastle Upon Tyne, NE12 5UJ

Notified 14/08/2016

Mrs Diane Elizabeth Wilkinson

25–50% shares
25–50% votes

British · England · Age 61

1 Mylord Crescent, Camperdown Industrial Estate, Newcastle Upon Tyne, NE12 5UJ

Notified 29/10/2020

Former PSCs

Mr Martin Albert Gavin

Ceased 29/10/2020

Charges3 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 09/12/2016Registered 09/12/2016
charge
outstanding

YORKSHIRE BANK PLC

Created 22/08/1997Registered 23/08/1997
charge
outstanding

YORKSHIRE BANK PLC

Created 16/05/1990Registered 26/05/1990

CompanyRankvs 21+ SIC 52290 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.49× · 20/20
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 strength25/25 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£791k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.9M

Current Liabilities

£540k

Fixed Assets

£218k

Debtors

£1.1M

16avg. employees+2

Balance Sheet

Assets less current liabilities£1.6M

EstimatesDerived

YearCurrent RatioImplied Profit
20253.49+£36k
20242.78+£100k
20232.50+£426k
20211.68—

Derived from filed accounts. Not audited figures.