European Skybus Limited
02850498
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2025
small
Next accounts due
30/09/2027
Confirmation statement
Last: 03/09/2026
Due 17/09/2027
Industry
Officers
secretary · Since 14/09/1993
BRITISH · UNITED KINGDOM · Age 68
Also on 10 other boards
director · Since 14/09/1993
DIRECTOR
AUSTRALIAN · UNITED KINGDOM · Age 71
Also on 11 other boards
director · Since 04/10/2005
AIRLINE
BRITISH · ENGLAND · Age 62
Also on 5 other boards
Persons with Significant Control
Mr Paul Gerard Stoddart
Australian · United Kingdom · Age 71
Ground Floor, Custom House, Waterfront East, Brierley Hill, DY5 1XH
Notified 14/08/2018
Former PSCs
Gannett Investments Limited
Ceased 14/08/2018
Charges5 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
VOLOFIN HOLDINGS DESIGNATED ACTIVITY COMPANY (AS SECURITY AGENT)
VOLOFIN HOLDINGS DESIGNATED ACTIVITY COMPANY (AS SECURITY AGENT)
VOLOFIN HOLDINGS DESIGNATED ACTIVITY COMPANY (AS SECURITY AGENT)
VOLOFIN HOLDINGS DESIGNATED ACTIVITY COMPANY (AS AGENT AND SECURITY AGENT)
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 444+ SIC 52230 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Statutory Auditor who signed the audit report on 10 September 2026 was Benjamin Hayes BSc FCA , who signed for and on behalf of Wenn Townsend . The report did note a material uncertainty related to going concern, and drew attention to the going concern section of note 2a in the financial statements, which indicates that the continued support from the company’s fellow subsidiaries will be required
Key FinancialsYear ending 31/12/2025
Net Worth
-£9.3M
Balance sheet strength
Cash
£77k
Cash in the bank
Net Current Assets
£42k
Working capital
Current Assets
£755k
Current Liabilities
£714k
Fixed Assets
£76k
Debtors
£678k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.06 | -£512k |
| 2024 | 1.07 | -£67k |
| 2023 | 0.12 | — |
Derived from filed accounts. Not audited figures.