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Airfreight Worldwide Limited

02877078

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

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

Officers

Mr Steven Roger Wetton

director · Since 01/02/1994

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Steven Roger Wetton

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

English · England · Age 63

19, Riverside Crescent, Birmingham, B28 0QZ

Notified 01/12/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 19/07/2005Registered 28/07/2005
charge
outstanding

MIDLAND BANK PLC

Created 31/10/1995Registered 01/11/1995

CompanyRankvs 28+ SIC 51210 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees94th 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
Outstanding charges -10
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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.

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

£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

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-£51k
20232.30-£75k
20222.27+£13k
20211.73+£59k
20201.61+£66k
20191.59-£72k
20181.74+£13k
20171.71+£5k
20161.59

Derived from filed accounts. Not audited figures.