Cornwall Airport Limited
06098925
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 13/02/2026
Due 27/02/2027
Industry
Officers
director · Since 04/10/2023
NON-EXECUTIVE DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 10 other boards
director · Since 01/11/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 20 other boards
director · Since 20/01/2025
CHIEF EXECUTIVE
BRITISH · UNITED KINGDOM · Age 58
Also on 8 other boards
Persons with Significant Control
Corserv Limited
Corserv Head Office, Higher Trenant Road, Wadebridge, PL27 6TW
Reg: 09598549 · Companies House · Private Limited Company
Notified 21/09/2016
CompanyRankvs 18+ SIC 51101 peers71
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
of COVID-19 variants and consequential restrictions on air travel, and lack of visibility of further government financial support beyond April 2021 result in a material uncertainty with regard to the going concern position. In response to these matters the entity has taken the following actions; • Cornwall Council has committed to providing additional revenue funding over the FY20/21 and FY 21/22
Key FinancialsYear ending 31/03/2020
Net Worth
£580k
Balance sheet strength
Cash
£1.1M
Cash in the bank
Profit Before Tax
-£134k
Bottom line earnings
Net Current Assets
£419k
Working capital
Current Assets
£2.8M
Current Liabilities
£2.4M
Fixed Assets
£161k
Debtors
£1.6M
Cost of Sales
£12.7M
Gross Profit
-£1.1M
Admin Expenses
£428k
Operating Profit
-£3k
Profit After Tax
-£8k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2020 | 1.18 |
Derived from filed accounts. Not audited figures.