L39 Aviation Ltd
04138443
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 05/11/2003
SECRETARY
BRITISH · ENGLAND · Age 71
Also on 3 other boards
director · Since 05/11/2003
WELDER
BRITISH · UNITED KINGDOM · Age 70
Also on 5 other boards
director · Since 05/11/2003
SECRETARY
BRITISH · ENGLAND · Age 71
Also on 3 other boards
Persons with Significant Control
Burnhart Ltd
Pm&M, Challenge Way, Blackburn, BB1 5QB
Reg: 11324066 · England And Wales · Private Limited Company
Notified 06/02/2020
Former PSCs
Mrs Moira Geraldine Hartley
Ceased 06/02/2020
Mr James Stephen Hartley
Ceased 06/02/2020
CompanyRankvs 3859+ SIC 77390 peers29
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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
the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The company is a wholly owned subsidiary of Burnhart Limited and continues to be supported by the business in the form of intercompany loan accounts. Turnover Turnover is recognised at the fair valu
Key FinancialsYear ending 30/04/2025
Net Worth
-£990k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£1.7M
Fixed Assets
£792k
Debtors
£45k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | -£128k |
| 2024 | — | -£217k |
| 2023 | — | -£141k |
| 2022 | 0.01 | -£205k |
| 2021 | 0.01 | — |
Derived from filed accounts. Not audited figures.