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Air Design Systems Limited

02830887

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

E15 WILLOW COURT, GATESHEAD, NE11 0RU
Incorporated 28/06/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Adam Clare

director · Since 01/06/2016

DESIGN CONSULTANT

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Mrs Amy Clare

secretary · Since 01/11/2021

Persons with Significant Control

Air Design Systems (Holdings) Limited

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

E15, Willow Court, Gateshead, NE11 0RU

Reg: 11296594 · Companies House · Private Limited Company

Notified 02/07/2018

Former PSCs

Mr Alan Clare

Ceased 02/07/2018

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 31/07/2025Registered 07/08/2025
Charge
outstanding

HSBC UK BANK PLC

Created 03/04/2023Registered 05/04/2023
Charge
satisfied

HSBC BANK PLC

Created 09/01/2014Registered 11/01/2014Satisfied 20/03/2020
Charge
satisfied

HSBC BANK PLC

Created 05/12/2013Registered 06/12/2013Satisfied 20/03/2020

CompanyRankvs 389+ SIC 43999 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.53× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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389Air Design Systems Limited
89
How is this score calculated?
Financial strength24/25 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 31/12/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£302k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.8M

Current Liabilities

£698k

Fixed Assets

£496k

Debtors

£630k

Profit After Tax

£76k

23avg. employees-10

Tax at Year End

Dividends paid£58k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20242.53+£42k
20231.99+£18k
20223.05—

Derived from filed accounts. Not audited figures.