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Wings Travel Management Limited

02631982

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

2ND FLOOR, LONDON, SW11 2LN
Incorporated 24/07/1991

Compliance

Last accounts

28/02/2025

small

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 13/07/2025

Due 27/07/2026

On track

Industry

79110
Travel agency activities

Officers

Mr Paul East

director · Since 23/02/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Mr Antonios Sofianos

director · Since 23/02/2017

COMPANY DIRECTOR

CYPRIOT · UNITED KINGDOM · Age 57

Also on 4 other boards

Mr Gary Ralph Povey

director · Since 20/01/2026

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Persons with Significant Control

Gillingham Contract Management Ltd

75–100% shares
75–100% votes
Appoint directors

46, Gillingham Street, London, SW1V 1HU

Reg: 4119644 · England · Ltd Company

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 07/04/2016Registered 28/04/2016
charge
outstanding

BARCLAYS BANK PLC

Created 23/10/2003Registered 30/10/2003
charge
satisfied

THE TRAVEL AGENTS INSURANCE COMPANY LIMITED

Created 08/06/1994Registered 24/06/1994Satisfied 06/11/2007
charge
outstanding

BARCLAYS BANK PLC

Created 18/03/1993Registered 26/03/1993
charge
outstanding

BARCLAYS BANK PLC

Created 05/01/1993Registered 12/01/1993
charge
satisfied

THE EQUITABLE LIFE ASSURANCE SOCIETY

Created 14/01/1992Registered 17/01/1992Satisfied 06/11/2007

CompanyRankvs 18+ SIC 79110 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.7× · 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 28/02/2025

Net Worth

£5.7M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

£8.4M

Working capital

Current Assets

£13.3M

Current Liabilities

£4.9M

Fixed Assets

£23k

Debtors

£11.5M

40avg. employees+2

Tax at Year End

Corp tax£226k

Balance Sheet

Assets less current liabilities£9.7M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20252.70+£685k
20242.94+£672k
20232.52+£1.4M
20221.84+£198k
20212.75-£211k
20202.49

Derived from filed accounts. Not audited figures.