Alternative Airlines Limited
02885223
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/10/2025
group
Next accounts due
31/07/2027
Confirmation statement
Last: 06/01/2026
Due 20/01/2027
Industry
Officers
director · Since 28/03/1994
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 71
Also on 8 other boards
Former
nominee secretary · Resigned 28/03/1994
nominee director · Resigned 28/03/1994
director · Resigned 28/03/1994
director · Resigned 17/06/1996
director · Resigned 30/08/1996
director · Resigned 14/11/1997
secretary · Resigned 01/11/1998
director · Resigned 08/05/2001
secretary · Resigned 17/12/2001
director · Resigned 17/02/2009
secretary · Resigned 17/02/2009
director · Resigned 05/03/2009
Persons with Significant Control
Mr Samuel Paul Argyle
British · England · Age 39
Suite 6f, Gatwick House, Peeks Brook Lane, Horley, RH6 9ST
Notified 28/10/2021
Former PSCs
Mr Paul Graham Argyle
Ceased 28/10/2021
Charges0 outstanding
BARCLAYS BANK PLC
ISLANDSFLUG HF
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
SUITE 6F, GATWICK HOUSE
HORLEY
CompanyRankvs 23+ SIC 79110 peers80
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/10/2023
Net Worth
£9.2M
Balance sheet strength
Cash
£12.9M
Cash in the bank
Net Current Assets
£9.1M
Working capital
Current Assets
£15.6M
Current Liabilities
£6.6M
Fixed Assets
£115k
Debtors
£2.7M
Profit After Tax
£5.5M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 2.38 |
Derived from filed accounts. Not audited figures.
Filing History100 filings
accounts with accounts type group
confirmation statement with no updates
change to a person with significant control
change person director company with change date
mortgage satisfy charge full
mortgage satisfy charge full
mortgage satisfy charge full
accounts with accounts type group
confirmation statement with no updates
accounts with accounts type group
confirmation statement with no updates
change person director company with change date
change registered office address company with date old address new address
accounts with accounts type group
confirmation statement with no updates
accounts with accounts type small
confirmation statement with updates
notification of a person with significant control
cessation of a person with significant control
accounts with accounts type small
confirmation statement with no updates
accounts with accounts type small
confirmation statement with no updates
accounts with accounts type small
confirmation statement with no updates
appoint person director company with name date
change registered office address company with date old address new address
accounts with accounts type small
confirmation statement with no updates
resolution
accounts with accounts type small
confirmation statement with updates
change registered office address company with date old address new address
accounts with accounts type small
annual return company with made up date full list shareholders
change registered office address company with date old address new address
accounts with accounts type small
annual return company with made up date full list shareholders
accounts with accounts type small
annual return company with made up date full list shareholders
accounts with accounts type small
auditors resignation company
annual return company with made up date full list shareholders
accounts with accounts type full
annual return company with made up date full list shareholders
accounts with accounts type full
annual return company with made up date full list shareholders
accounts with accounts type full
annual return company with made up date full list shareholders
change person director company with change date
change person director company with change date
accounts with accounts type full
legacy
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accounts with accounts type full
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accounts with accounts type full
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accounts with accounts type full
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accounts with accounts type full
accounts with accounts type medium
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accounts with accounts type medium
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accounts with accounts type full group
legacy
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memorandum articles
certificate change of name company
accounts with accounts type full group
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accounts with accounts type full group
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accounts with accounts type full group
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