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Heavyweight Air Express Limited

03410368

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

DONINGTON COURT PEGASUS BUSINESS PARK, EAST MIDLANDS AIRPORT, DE74 2UZ
Incorporated 28/07/1997

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/07/2025

Due 11/08/2026

On track

Industry

51210
Freight air transport

Officers

Colin Richard White

secretary · Since 13/04/2005

British

Neville Karai

director · Since 05/03/2015

British

Richard Thackeray

director · Since 01/07/2007

British

Colin Richard White

director · Since 09/12/2002

British

Former

Carol Ann Norman

secretary · Resigned 13/04/2005

Hallmark Secretaries Limited

corporate nominee secretary · Resigned 28/07/1997

Christopher Eric Chapman

director · Resigned 26/02/2007

Colin Francis Neat

director · Resigned 30/06/2009

Carol Ann Norman

director · Resigned 26/02/2007

Martin Sweeney

director · Resigned 21/02/2018

Hallmark Registrars Limited

corporate nominee director · Resigned 28/07/1997

CompanyRankvs 105+ SIC 51210 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 co

Key FinancialsYear ending 31/12/2024

Turnover

£19.5M

Annual revenue

Net Worth

£23.2M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£2.8M

Bottom line earnings

Net Current Assets

£20.5M

Working capital

Current Assets

£37.3M

Current Liabilities

£16.8M

Fixed Assets

£3.4M

Debtors

£42k

Cost of Sales

£12.2M

Gross Profit

£7.3M

Admin Expenses

£4.5M

Operating Profit

£2.8M

Profit After Tax

£2.5M

58avg. employees

Tax at Year End

Corp tax£1.4M

People Costs

Wages & salaries£1.4M
NI contributions£132k

Balance Sheet

Intangible assets£2.4M
Assets less current liabilities£23.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20242.22

Derived from filed accounts. Not audited figures.