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Sabeti Wain Aerospace Limited

02094671

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

DIAMOND HOUSE 120 LANE END ROAD, HIGH WYCOMBE, HP12 4HX
Incorporated 29/01/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Parviz Sabeti

secretary · Since 16/08/1991

BRITISH · ENGLAND · Age 91

Also on 3 other boards

Mrs Mehranguiz Sabeti

director · Since 16/08/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 88

Mr Parviz Sabeti

director · Since 16/08/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 91

Also on 3 other boards

Mr Paymen Sabeti

director · Since 16/08/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Mrs Mahnoush Sabeti Wain

director · Since 16/08/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 2 other boards

Mr Nicholas Wain

director · Since 01/08/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 2 other boards

Persons with Significant Control

Mr Paymen Sabeti

25–50% shares

British · United Kingdom · Age 64

Diamond House, 120 Lane End Road, High Wycombe, HP12 4HX

Notified 01/04/2022

Charges1 outstanding

Charge
satisfied

RAN PROPERTIES LIMITED

Created 17/10/2014Registered 21/10/2014Satisfied 18/02/2017
charge
satisfied

RAN PROPERTIES LIMITED

Created 16/12/2011Registered 21/12/2011Satisfied 18/02/2017
charge
outstanding

BARCLAYS BANK PLC

Created 23/11/1998Registered 02/12/1998
charge
satisfied

LLOYDS BANK PLC

Created 13/04/1993Registered 20/04/1993Satisfied 18/02/2017

CompanyRankvs 58+ SIC 32990 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.18× · 20/20
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 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/07/2024

Turnover

£28.6M

Annual revenue

Net Worth

£15.3M

Balance sheet strength

Cash

£7.4M

Cash in the bank

Profit Before Tax

£8.0M

Bottom line earnings

Net Current Assets

£9.7M

Working capital

Current Assets

£17.9M

Current Liabilities

£8.2M

Fixed Assets

£5.8M

Debtors

£6.6M

Cost of Sales

£16.1M

Gross Profit

£12.5M

Admin Expenses

£4.7M

Profit After Tax

£6.1M

388avg. employees+91

Tax at Year End

Dividends paid-£2.1M

People Costs

Wages & salaries£7.5M
NI contributions£532k

Balance Sheet

Assets less current liabilities£15.5M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.18+£4.0M
20231.94+£1.4M
20222.10-£1.5M
20213.58

Derived from filed accounts. Not audited figures.