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The Light Aircraft Company Ltd

03324556

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

23 MARKET PLACE, FAKENHAM, NR21 9BS
Incorporated 26/02/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30300
Manufacture of air and spacecraft and related machinery

Officers

Mrs Beryl Jean Smith

secretary · Since 26/02/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 89

Also on 3 other boards

Mr Paul Richard Hendry-Smith

director · Since 26/02/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Mrs Beryl Jean Smith

director · Since 26/02/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 89

Also on 3 other boards

Persons with Significant Control

Mrs Beryl Jean Smith

25–50% shares
25–50% votes

British · England · Age 89

23, Market Place, Fakenham, NR21 9BS

Notified 26/02/2017

Mr Paul Richard Hendry-Smith

50–75% shares
50–75% votes
Appoint directors

British · England · Age 68

23, Market Place, Fakenham, NR21 9BS

Notified 26/02/2017

Former PSCs

Mr Henry Ivor Smith

Ceased 27/07/2025

CompanyRankvs 16+ SIC 30300 peers
87

Financial strength92th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.46× · 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 31/03/2025

Turnover

£814k

Annual revenue

Net Worth

£1.1M

Balance sheet strength

Cash

£250k

Cash in the bank

Profit Before Tax

-£57k

Bottom line earnings

Net Current Assets

£771k

Working capital

Current Assets

£1.2M

Current Liabilities

£333k

Fixed Assets

£439k

Debtors

£200k

Cost of Sales

£580k

Gross Profit

£234k

Admin Expenses

£341k

Operating Profit

-£107k

Profit After Tax

-£58k

13avg. employees-4

Balance Sheet

Intangible assets£15k
Assets less current liabilities£1.2M

EstimatesDerived

YearCurrent RatioImplied Profit
20253.46-£58k
20242.38-£29k
20232.61+£245k
20222.69+£63k
20212.83—

Derived from filed accounts. Not audited figures.