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Andair Limited

03040362

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 6, PORTSMOUTH, PO6 1EF
Incorporated 31/03/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30300
Manufacture of air and spacecraft and related machinery

Officers

Mr Owen Hugh Phillips

director · Since 31/03/1995

ENGINEER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Andrew Phillips

secretary · Since 10/05/2007

ENGINEER

BRITISH · Age 79

Also on 1 other board

Persons with Significant Control

Mr Owen Hugh Phillips

75–100% shares

British · England · Age 50

Unit 1 Dunsbury Business Park, Fulflood Road, Havant, PO9 5AX

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HS CREDIT (BIRMINGHAM) LTD

Created 14/07/2023Registered 24/07/2023
Charge
outstanding

HS CREDIT (BIRMINGHAM) LTD

Created 14/07/2023Registered 24/07/2023
charge
satisfied

BARCLAYS BANK PLC

Created 07/01/2011Registered 26/01/2011Satisfied 10/05/2023

CompanyRankvs 42+ SIC 30300 peers
63

Financial strength93th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Liquidity16/20 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

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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 30/09/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£837k

Cash in the bank

Net Current Assets

£454k

Working capital

Current Assets

£1.1M

Current Liabilities

£603k

Fixed Assets

£3.5M

Debtors

£215k

18avg. employees

Balance Sheet

Assets less current liabilities£4.0M
Signed by Mr O Phillips,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.75+£0
20251.75+£334k
20241.36+£180k
20232.26+£177k
20221.41+£23k
20211.49+£275k
20200.99-£15k
20191.02-£85k
20181.13

Derived from filed accounts. Not audited figures.