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Eastern Airways (Uk) Limited

03468489

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O RSM UK RESTRUCTURING ADVISORY LLP, LEEDS, LS1 4DL
Incorporated 19/11/1997

Compliance

Last accounts

31/03/2024

full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 13/07/2025

Due 27/07/2026

On track

Industry

51101
Scheduled passenger air transport

Officers

Mr Clifford Rodney Spink Cb Cbe Fcmi Fraes

director · Since 10/05/2019

DIRECTOR

ENGLISH · ENGLAND · Age 80

Also on 10 other boards

Mr Andrew Jonathan Vickers

director · Since 10/11/2022

ACCOUNTABLE OFFICER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mr Roger Hage

director · Since 11/10/2023

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Persons with Significant Control

Eastern Airways International Limited

75–100% shares
75–100% votes

Schiphol House, Schiphol Way, Kirmington, DN39 6YH

Reg: 04082547 · Companies House · Private Company Limited By Shares

Notified 06/04/2016

Orient Industrial Holdings Ltd

Significant control

C/O Bissell & Brown, Charter House, Sutton Coldfield, B72 1UJ

Reg: 11972429 · Companies House · Limited Company

Notified 10/05/2019

Former PSCs

Eastern Airways (Europe) Limited

Ceased 06/10/2020

Charges3 outstanding

Charge
outstanding

TIPPERARY AIRCRAFT LEASING LIMITED

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DAE 3 SPC LIMITED

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SANTANDER UK PLC

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SANTANDER UK PLC

Created 26/06/2012Registered 04/07/2012Satisfied 25/05/2016
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LOMBARD NORTH CENTRAL PLC

Created 17/06/2009Registered 19/06/2009Satisfied 26/04/2019
charge
satisfied

KAUPTHING SINGER & FRIEDLANDER LIMITED

Created 26/11/2007Registered 28/11/2007Satisfied 29/07/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/11/2007Registered 24/11/2007Satisfied 19/11/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/11/2007Registered 24/11/2007Satisfied 19/11/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/07/2006Registered 26/07/2006Satisfied 06/12/2007
charge
satisfied

BRITISH AIRWAYS CITIEXPRESS LIMITED

Created 07/02/2003Registered 18/02/2003Satisfied 06/12/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/01/2003Registered 29/01/2003Satisfied 05/01/2008
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 18/01/2002Registered 19/01/2002Satisfied 26/04/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/03/1999Registered 18/03/1999Satisfied 05/01/2008

CompanyRankvs 15+ SIC 51101 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.4× · 12/20
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 strength0/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

and cost savings. The Directors have concluded that the combination of these circumstances does not represent a material uncertainty that casts doubt upon the Company’s ability to continue as a going concern. Nevertheless, after making enquiries and considering the uncertainties described above, in light of the funding outlined and opportunities provided by the unencumbered asset base for further

Key FinancialsYear ending 31/03/2024

Turnover

£38.1M

Annual revenue

Net Worth

£6.2M

Balance sheet strength

Cash

£454k

Cash in the bank

Profit Before Tax

£114k

Bottom line earnings

Net Current Assets

£7.4M

Working capital

Current Assets

£25.7M

Current Liabilities

£18.4M

Fixed Assets

£254k

Debtors

£25.3M

Cost of Sales

-£35.1M

Gross Profit

£2.9M

Admin Expenses

-£2.5M

Profit After Tax

£58k

112avg. employees+23

People Costs

Wages & salaries£2.7M
NI contributions£332k

Balance Sheet

Bank loans & overdrafts£2.0M
Assets less current liabilities£7.6M
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.40+£58k
20231.53-£273k
20221.68-£988k
20211.78

Derived from filed accounts. Not audited figures.