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Airstate Ltd

05556492

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

26 LITCHFIELD STREET, WC2H 9TZ
Incorporated 07/09/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Kirkham Kevin Zavieh

director · Since 07/09/2005

SONGWRITER/ARTIST/PRODUCER

BRITISH · UNITED KINGDOM · Age 58

Also on 10 other boards

Mr Charles Ashford Hodgkinson Ma (Cantab) Arics

director · Since 19/09/2005

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 8 other boards

Persons with Significant Control

Adelphoi Music Publishing Ltd

75–100% shares

26, Litchfield Street, London, WC2H 9TZ

Reg: 03962615 · England · Limited Company

Notified 06/04/2016

CompanyRankvs 7321+ SIC 59200 peers
44

Financial strength1th percentile among SIC peers · 0/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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44
How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

-£487k

Balance sheet strength

Cash

£427k

Cash in the bank

Net Current Assets

-£487k

Working capital

Current Assets

£447k

Current Liabilities

£934k

Debtors

£20k

2avg. employees

Tax at Year End

VAT£4k

Balance Sheet

Assets less current liabilities-£487k
Signed by K K Zavieh 26/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.48+£64k£80k
20230.34—£80k

Derived from filed accounts. Not audited figures.