Buoyancy Aerospace V1 Ltd
04565472
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/12/2022
DIRECTOR
GERMAN · GERMANY · Age 40
Also on 3 other boards
Persons with Significant Control
Dr Maximilian Arno Johannes Apel
German · England · Age 40
Unit 1 Ravencroft Business Park, Jackdaw Road, Barnoldswick, BB18 6DX
Notified 19/01/2026
Former PSCs
Aerospace Holdings Limited
Ceased 31/10/2024
Buoyancy Aerospace Ltd
Ceased 19/01/2026
Charges0 outstanding
NATIONAL WESTMINISTER BANK PLC
CAROL MELDRUM · JANET LESLEY HARTLEY · ANDREW PAUL MELDRUM · ALLISON JULIE FENWICK · THERE ARE MORE THAN FOUR PERSONS ENTITLED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 315+ SIC 25610 peers61
Show leaderboard
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
and ongoing engagement with European sovereigns. The director confirms that no material uncertainties exist that would cast significant doubt on The Company’s ability to continue as a going concern. Key performance indicators Invested in a state-of-the-art surface treatment line (anodising), fully compliant with UK/EU REACH regulations. Aligning UK with German operations und
Key FinancialsYear ending 31/10/2024
Turnover
£5.0M
Annual revenue
Net Worth
£657k
Balance sheet strength
Cash
£89k
Cash in the bank
Profit Before Tax
-£427k
Bottom line earnings
Net Current Assets
-£847k
Working capital
Current Assets
£2.4M
Current Liabilities
£3.2M
Fixed Assets
£1.5M
Debtors
£2.2M
Cost of Sales
£4.7M
Gross Profit
£393k
Admin Expenses
£1.1M
Operating Profit
-£423k
Profit After Tax
-£348k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.74 | -£1.2M |
| 2023 | 2.24 | -£3.3M |
| 2022 | 6.36 | -£70k |
| 2021 | 4.80 | +£316k |
| 2020 | 4.33 | +£524k |
| 2019 | 4.05 | +£220k |
| 2018 | 2.45 | — |
Derived from filed accounts. Not audited figures.