Northumbria Aerospace Limited T/As Nal Engineering Ltd
05422891
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/05/2016
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 12 other boards
Persons with Significant Control
Mr Craig Marin Mcleod
British · England · Age 55
Hangar 1, Southside, Newcastle Upon Tyne, NE13 8BT
Notified 25/05/2016
CompanyRankvs 28828+ SIC 74909 peers57
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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
£45k
Balance sheet strength
Cash
£48k
Cash in the bank
Net Current Assets
-£145k
Working capital
Current Assets
£161k
Current Liabilities
£306k
Fixed Assets
£195k
Debtors
£113k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.53 | +£46k |
| 2024 | 0.42 | +£4k |
| 2023 | 0.25 | -£17k |
| 2022 | 0.22 | -£35k |
| 2021 | 0.55 | +£31k |
| 2020 | 0.51 | +£96k |
| 2019 | 0.47 | — |
Derived from filed accounts. Not audited figures.