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Freightair Limited

01928102

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52290
Other transportation support activities

Officers

Diane Elizabeth Wilkinson

secretary · Since 01/02/2024

Peter Wilkinson

director · Since 06/12/2006

British

Former

Peter David Browne

secretary · Resigned 23/12/2003

Julie Anne Cockerham

secretary · Resigned 07/04/2023

Michael Harvey Long

secretary · Resigned 04/01/2011

Peter David Browne

director · Resigned 23/12/2003

Julie Anne Cockerham

director · Resigned 07/04/2023

Steven Davey

director · Resigned 30/09/2020

Martin Albert Gavin

director · Resigned 27/03/2019

Michael Harvey Long

director · Resigned 04/01/2011

Allan James Moss

director · Resigned 04/04/2013

Steven George Norfolk

director · Resigned 06/01/2014

Jason Luke Woodhouse

director · Resigned 23/12/2024

CompanyRankvs 180+ SIC 52290 peers
90

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
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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.

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—

Derived from filed accounts. Not audited figures.