Midlands Aerospace Alliance
05357793
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/12/2008
VICE PRESIDENT SUPPLY CHAINS
BRITISH · UNITED KINGDOM · Age 58
Also on 1 other board
director · Since 05/11/2020
VP PROCUREMENT & COMMERCIAL, AEROSPACE
BRITISH · ENGLAND · Age 40
director · Since 21/03/2025
OPERATIONS DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 1 other board
Persons with Significant Control
Mr Andrew Mar
British · England · Age 68
Unit 42, Business Innovation Centre, Coventry, CV3 2TX
Notified 01/02/2017
CompanyRankvs 538+ SIC 94110 peers73
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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
£646k
Balance sheet strength
Cash
£717k
Cash in the bank
Net Current Assets
£650k
Working capital
Current Assets
£1.4M
Current Liabilities
£745k
Fixed Assets
£6k
Debtors
£679k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.87 | +£170k |
| 2024 | 1.78 | +£26k |
| 2023 | 1.60 | +£265k |
| 2022 | 1.36 | +£2k |
| 2021 | 2.52 | +£47k |
| 2020 | 1.39 | -£51k |
| 2019 | 1.56 | — |
Derived from filed accounts. Not audited figures.