First Aerospace Limited
05173661
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/07/2004
PUBLISHER
BRITISH · ENGLAND · Age 56
Also on 1 other board
Persons with Significant Control
Mr Ian Robert Sheppard
British · United Kingdom · Age 56
Hangar 9, Kings Mill Lane, Redhill, RH1 5JY
Notified 07/07/2016
CompanyRankvs 15279+ SIC 85600 peers40
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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 31/12/2024
Net Worth
-£39k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£24k
Working capital
Current Assets
£9k
Current Liabilities
£33k
Fixed Assets
£106
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.27 | -£3k | — |
| 2023 | 0.23 | -£21k | — |
| 2021 | 1.32 | -£17k | £23k |
| 2020 | 8.84 | +£35k | £24k |
| 2019 | -2.50 | -£54k | — |
| 2018 | 1.95 | — | — |
Derived from filed accounts. Not audited figures.