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Airborne Composites Ltd

03141381

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

MEMBURY AIRFIELD, LAMBOURN, RG17 7TJ
Incorporated 27/12/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery
30300
Manufacture of air and spacecraft and related machinery

Officers

Mr Arno Van Mourik

director · Since 21/12/2015

COMPANY DIRECTOR

DUTCH · NETHERLANDS · Age 53

Persons with Significant Control

Mr Arno Van Mourik

Significant control

Dutch · Netherlands · Age 53

Membury Airfield, Lambourn, RG17 7TJ

Notified 06/04/2016

Former PSCs

Mr Angus Macquarrie Fleming

Ceased 29/12/2017

Charges0 outstanding

Charge
satisfied

ANGUS MACQUARRIE FLEMING

Created 21/12/2015Registered 08/01/2016Satisfied 27/09/2018
charge
satisfied

BARCLAYS BANK PLC

Created 20/03/2003Registered 02/04/2003Satisfied 07/01/2016

CompanyRankvs 1058+ SIC 28990 peers
53

Financial strength66th percentile among SIC peers · 17/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1058Airborne Composites Ltd
63
How is this score calculated?
Financial strength17/25 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.

Liquidity2/20 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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. Material uncertainty related to going concern We draw attention to the financial statements, which indicates that the company incurred a net loss of £847,697 during the year ended 31 December 2024 and, as of that date, the company’s

Key FinancialsYear ending 31/12/2024

Net Worth

£221k

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

-£7.1M

Working capital

Current Assets

£3.0M

Current Liabilities

£10.1M

Fixed Assets

£2.3M

Debtors

£2.7M

43avg. employees+5

Balance Sheet

Intangible assets£558k
Assets less current liabilities-£4.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30+£0
20230.39+£0
20220.26+£0
20210.26—

Derived from filed accounts. Not audited figures.