Back to search

Solway Light Aviation Limited

03650694

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

HIGHBROW NELSON BROW NELSON, CARLISLE, CA5 7LE
Incorporated 16/10/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr Andrew Cherry Mc Credie

secretary · Since 19/11/1998

SOFTWARE ENGINEER

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Mr George Carlyle Kerr

director · Since 19/11/1998

FARMER

BRITISH · ENGLAND · Age 81

Also on 2 other boards

Mr Andrew Cherry Mc Credie

director · Since 19/11/1998

MAINTENANCE MANAGER

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Persons with Significant Control

Mr Andrew Mccredie

25–50% votes

British · England · Age 61

Highbrow Nelson, Brow Nelson, Carlisle, CA5 7LE

Notified 06/04/2016

Mr George Carlyle Kerr

25–50% votes

British · England · Age 81

Highbrow Nelson, Brow Nelson, Carlisle, CA5 7LE

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 16/10/2007Registered 25/10/2007
charge
outstanding

BARCLAYS BANK PLC

Created 21/09/2004Registered 08/10/2004
charge
outstanding

BARCLAYS BANK PLC

Created 21/09/2004Registered 08/10/2004

CompanyRankvs 4136+ SIC 93199 peers
55

Financial strength52th percentile among SIC peers · 13/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 44.77× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Leicester Racecourse Holdings Limited
90
2The Auto-Cycle Union Limited
90
3Maidenhead Golf Club Limited(The)
90
4Ludlow Race Club Limited(The)
90
5Fakenham Racecourse Limited
90
6Michael Stoute Limited
90
7Darlington Golf Club (Members) Limited(The)
90
8Hebron Hall Limited
90
9R. Hannon Limited
90
10M-Sport Limited
90
4136Solway Light Aviation Limited
65
How is this score calculated?
Financial strength13/25 pts

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

Employees2/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£800

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£331k

Working capital

Current Assets

£339k

Current Liabilities

£8k

Fixed Assets

£61k

Debtors

£315k

Profit After Tax

£10k

0avg. employees

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£393k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202444.77
2023133.19
202258.79
202142.60
202099.23
2019188.19
2018116.36

Derived from filed accounts. Not audited figures.