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Airblast Eurospray Limited

04490235

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

KING STREET INDUSTRIAL ESTATE, PETERBOROUGH, PE6 9NF
Incorporated 19/07/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47520
Retail sale of hardware, paints and glass in specialised stores

Officers

Mr Richard Edward Hiblin

secretary · Since 19/07/2002

GENERAL MANAGER

BRITISH · ENGLAND · Age 77

Also on 25 other boards

Mr Jonathan Cook

director · Since 19/07/2002

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Mr Richard Edward Hiblin

director · Since 19/07/2002

GENERAL MANAGER

BRITISH · ENGLAND · Age 77

Also on 25 other boards

Persons with Significant Control

Mr Richard Hiblin

50–75% shares
50–75% votes
Appoint directors

British · England · Age 77

King Street Industrial Estate, Peterborough, PE6 9NF

Notified 19/07/2016

Mr Jonathan Cook

25–50% shares
25–50% votes
Appoint directors

British · England · Age 59

King Street Industrial Estate, Peterborough, PE6 9NF

Notified 19/07/2016

CompanyRankvs 1600+ SIC 47520 peers
39

Financial strength2th percentile among SIC peers · 1/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1600Airblast Eurospray Limited
45
How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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

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

Going Concern Doubt

of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The financial statements have been prepared on a going concern basis. The company's ability to continue trading relies on the continued support of Airblast Limited, a company controlled by R E Hiblin who has indicated that this support will continue

Key FinancialsYear ending 31/03/2025

Net Worth

-£142k

Balance sheet strength

Cash

£152k

Cash in the bank

Net Current Assets

-£140k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.8M

Fixed Assets

£365

Debtors

£869k

6avg. employees+2

Balance Sheet

Assets less current liabilities-£139k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92-£69k
20240.97-£47k
20231.00-£199
20221.00-£22k
20211.02+£10k
20200.99+£31k
20190.97—

Derived from filed accounts. Not audited figures.