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Aire Logic Limited

06233174

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

AIRESIDE HOUSE, LEEDS, LS1 4HT
Incorporated 01/05/2007

Compliance

Last accounts

31/05/2025

full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 20/11/2025

Due 04/12/2026

On track

Industry

62012
Business and domestic software development

Officers

Katherine Guilding

secretary · Since 04/06/2007

BRITISH · Age 47

Joseph Samuel Waller

director · Since 04/06/2007

CONSULTANT

BRITISH · UNITED KINGDOM · Age 51

Michael Kristian Odling-Smee

director · Since 05/07/2007

IT CONSULTANT

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Aire Logic Eot Limited

50–75% shares

Aireside House, Aire Street, Leeds, LS1 4HT

Reg: 14094694 · England And Wales · Private Limited Company

Notified 13/05/2022

Former PSCs

Mr Joseph Samuel Waller

Ceased 13/05/2022

Mr Michael Kristian Odling-Smee

Ceased 13/05/2022

Charges1 outstanding

Charge
outstanding

MICHAEL KRISTIAN ODLING-SMEE AND JOSEPH SAMUEL WALLER

Created 10/06/2022Registered 21/06/2022

CompanyRankvs 177+ SIC 62012 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.61× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Liquidity20/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/05/2024

Turnover

£42.2M

Annual revenue

Net Worth

£10.9M

Balance sheet strength

Cash

£3.6M

Cash in the bank

Profit Before Tax

£4.9M

Bottom line earnings

Net Current Assets

£10.7M

Working capital

Current Assets

£14.8M

Current Liabilities

£4.1M

Fixed Assets

£195k

Debtors

£11.3M

Cost of Sales

£32.7M

Gross Profit

£9.6M

Admin Expenses

£4.8M

Profit After Tax

£6.3M

249avg. employees+39

Tax at Year End

Dividends paid-£5.0M

Balance Sheet

Assets less current liabilities£10.9M
Signed by 06233174 2023-06-01 2024-05-31 06233174 2024-05-31 06233174 bus:OrdinaryShareClass1 2024-05-31 06233174 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20243.61+£1.3M
20233.25+£4.7M
20202.62+£1.8M
20192.77+£1.6M
20182.99

Derived from filed accounts. Not audited figures.