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Zafire Aviation Software Ltd

05577742

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX
Incorporated 29/09/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Michel Bourassa

director · Since 08/08/2023

DIRECTOR OF OPERATIONS

CANADIAN · CANADA · Age 34

Also on 2 other boards

Aidin Mohsenin

director · Since 21/08/2024

PORTFOLIO MANAGER

CANADIAN · UNITED STATES · Age 44

Also on 3 other boards

Persons with Significant Control

Zafire Group Limited

75–100% shares

Zafire House, 5 Manor Park, Banbury, OX16 3TB

Reg: 07168647 · Companies House · Private Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

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NATIONAL WESTMINSTER BANK PLC

Created 25/10/2010Registered 04/11/2010Satisfied 17/02/2021

CompanyRankvs 3474+ SIC 62020 peers
82

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.42× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

£1.8M

Balance sheet strength

Cash

£614k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£6.2M

Current Liabilities

£4.4M

Fixed Assets

£4k

Debtors

£5.6M

7avg. employees+4

Tax at Year End(2023)

Corp tax£4k

Balance Sheet

Intangible assets£4k
Assets less current liabilities£1.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.42+£953k
20231.19+£585k
20211.19+£106k
20201.22+£38k
20191.15+£84k
20181.16

Derived from filed accounts. Not audited figures.