First Light Aviation Ltd
05076437
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/03/2004
FLYING INSTRUCTOR AND WRITER
BRITISH · UNITED KINGDOM · Age 70
director · Since 22/05/2017
FLYING INSTRUCTOR
BRITISH · ENGLAND · Age 62
Also on 1 other board
Persons with Significant Control
Mr Paul Adrian Stanley
British · United Kingdom · Age 70
110, Corve Street, Ludlow, SY8 1DJ
Notified 06/04/2016
Mr Roger Nigel Chamberlain
British · United Kingdom · Age 62
Tattlebank Cottage, Kington Lane, Warwick, CV35 8PL
Notified 04/08/2017
CompanyRankvs 64314+ SIC 96090 peers46
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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 31/03/2025
Net Worth
-£246k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£2k
Working capital
Current Assets
£3k
Current Liabilities
£4k
Fixed Assets
£74k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.91 | -£22k |
| 2024 | 0.34 | -£21k |
| 2023 | 1.28 | — |
Derived from filed accounts. Not audited figures.