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Venthum Limited

02799272

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O RSM UK RESTRUCTURING ADVISORY LLP, LONDON, EC4A 4AB
Incorporated 12/03/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

51102
Non-scheduled passenger air transport

Officers

Jeroen Franciscus Augustinus Van Den Nieuwenhuijzen

director · Since 01/01/2011

NONE

DUTCH · BELGIUM · Age 68

Kevin Robertus Van Den Nieuwenhuijzen

director · Since 01/05/2014

NONE

DUTCH · NETHERLANDS · Age 41

Harrison Clark (Secretarial) Limited

secretary · Since 12/08/2021

BRITISH

Also on 41 other boards

Persons with Significant Control

Jeroen Franciscus Augustinus Van Den Nieuwenhuijzen

Significant control

Dutch · Belgium · Age 68

Gloucestershire Airport, Staverton, Cheltenham, GL51 6SS

Notified 06/04/2016

Kevin Robertus Van Den Nieuwenhuijzen

Significant control

Dutch · Netherlands · Age 41

C/O Rsm Uk Restructuring Advisory Llp, 25 Farringdon Street, London, EC4A 4AB

Notified 23/12/2021

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/07/2010Registered 27/07/2010Satisfied 08/07/2020
charge
satisfied

BURDALE FINANCIAL LIMITED

Created 31/01/2000Registered 17/02/2000Satisfied 30/04/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/06/1996Registered 07/06/1996Satisfied 28/01/2000

CompanyRankvs 450+ SIC 51102 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Liquidity12/20 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

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

Going Concern Doubt

aircraft infrastructure, and training to improve operating efficiencies and support future growth. The financial and operational measures in place reaffirm the Group’s ability to continue as a going concern. Specialist Aviation Services has access to considerable financial resources via its private family ownership. The Group has throughout 2021 engaged in a refinancing programme which completed i

Key FinancialsYear ending 31/12/2022

Turnover

£28.4M

Annual revenue

Net Worth

£10.1M

Balance sheet strength

Cash

£905k

Cash in the bank

Profit Before Tax

£3.2M

Bottom line earnings

Net Current Assets

£6.6M

Working capital

Current Assets

£22.7M

Current Liabilities

£16.1M

Fixed Assets

£31.2M

Debtors

£10.7M

Cost of Sales

£22.1M

Gross Profit

£5.6M

Admin Expenses

£11.6M

Operating Profit

-£3.0M

Profit After Tax

£3.8M

178avg. employees+22

People Costs

Wages & salaries£11.6M
NI contributions£1.3M

Balance Sheet

Intangible assets£5k
Bank loans & overdrafts£2.3M
Assets less current liabilities£37.8M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20221.41+£4.1M
20210.85-£4.9M
20200.89

Derived from filed accounts. Not audited figures.