W.G.S. Aerospace Limited
03624077
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 01/09/2025
Due 15/09/2026
Industry
Officers
Persons with Significant Control
Mr Robert Stephen Wood
British · England · Age 70
3rd Floor, 86 - 90 Paul Street, London, EC2A 4NE
Notified 06/04/2016
Mr Christopher Edward Gray
British · England · Age 70
3rd Floor, 86 - 90 Paul Street, London, EC2A 4NE
Notified 06/04/2016
CompanyRankvs 31569+ SIC 74909 peers40
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. Going concern The directors have made an assessment of the company's ability to continue as a going concern and have reviewed and considered relevant information. Based on this assessment, the directors have c
Key FinancialsYear ending 31/03/2026
Net Worth
£2
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
£3k
Working capital
Current Assets
£8k
Current Liabilities
£6k
Debtors
£7
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2026 | 1.47 |
| 2025 | 1.71 |
| 2024 | 1.19 |
| 2023 | 2.25 |
Derived from filed accounts. Not audited figures.