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Avia Technique Limited

04494889

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1 FISHPONDS ESTATE, WOKINGHAM, RG41 2QJ
Incorporated 25/07/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30300
Manufacture of air and spacecraft and related machinery

Officers

Christopher John Wright

secretary · Since 18/12/2012

Robert Sims

director · Since 22/01/2019

British

Christopher John Wright

director · Since 01/01/2014

British

Former

Colin Ian Campbell

secretary · Resigned 18/12/2012

John Anthony Brian Stattersfield

secretary · Resigned 17/09/2003

Swift Incorporations Limited

corporate nominee secretary · Resigned 25/07/2002

George Frederick Archer

director · Resigned 18/12/2012

Colin Ian Campbell

director · Resigned 31/12/2013

Robert Roy Sims

director · Resigned 18/12/2012

Christopher John Wright

director · Resigned 18/12/2012

Instant Companies Limited

corporate nominee director · Resigned 25/07/2002

Skg Beheer B.V

corporate director · Resigned 22/01/2019

CompanyRankvs 105+ SIC 30300 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2023

Turnover

£27.6M

Annual revenue

Net Worth

£9.2M

Balance sheet strength

Cash

£651k

Cash in the bank

Profit Before Tax

£4.3M

Bottom line earnings

Net Current Assets

£7.8M

Working capital

Current Assets

£11.5M

Current Liabilities

£3.7M

Fixed Assets

£1.7M

Debtors

£5.2M

Cost of Sales

£16.3M

Gross Profit

£11.3M

Admin Expenses

£6.9M

Operating Profit

£4.4M

Profit After Tax

£3.7M

115avg. employees+20

Tax at Year End

Corp tax£556k
Dividends paid£1.1M

People Costs

Wages & salaries£3.5M
NI contributions£385k

Balance Sheet

Assets less current liabilities£9.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20233.07+£2.6M
20222.46

Derived from filed accounts. Not audited figures.