Freedom Air Limited
03788245
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
31/05/2026
Confirmation statement
Last: 09/08/2025
Due 23/08/2026
Industry
Officers
Neil Adrian Hannabuss
secretary · Since 11/06/1999
British
Clifford Arthur Hannabuss
director · Since 05/06/2003
British
Neil Adrian Hannabuss
director · Since 11/06/1999
British
Suzanne Marie Hannabuss
director · Since 07/10/2003
British
Former
Michael Hawkey
director · Resigned 04/06/2003
CompanyRankvs 3050+ SIC 51102 peers69
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
£6k
Balance sheet strength
Cash
£110k
Cash in the bank
Net Current Assets
£31k
Working capital
Current Assets
£112k
Current Liabilities
£81k
Fixed Assets
£4k
Debtors
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.38 | -£109k |
| 2023 | 2.15 | — |
Derived from filed accounts. Not audited figures.