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Airfreight Worldwide Limited

02877078

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNITS 3 & 4 GATEWAY TRADING ESTATE AIRPORT CARGO, BIRMINGHAM, B26 3QD
Incorporated 01/12/1993

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/03/2026

Due 19/03/2027

On track

Industry

51210
Freight air transport

CompanyRankvs 430+ SIC 51210 peers
87

Financial strength93th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 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.

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

£625k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£390k

Working capital

Current Assets

£710k

Current Liabilities

£320k

Fixed Assets

£239k

Debtors

£686k

13avg. employees-2

Tax at Year End(2017)

Corp tax£8k

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities£628k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.22-£45k
20171.71+£5k
20161.59

Derived from filed accounts. Not audited figures.