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Southern Airframe Services Ltd

07616725

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

UNIT C, MANOR FARMS CHEDGLOW, MALMESBURY, SN16 9EZ
Incorporated 27/04/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Craig Lee Bates

director · Since 10/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 7 other boards

Mr Mark John Gregory

director · Since 10/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 5 other boards

Persons with Significant Control

Mr Mark John Gregory

25–50% shares
25–50% votes

British · England · Age 64

Unit C, Manor Farms, Chedglow, Malmesbury, SN16 9EZ

Notified 10/10/2023

Mr Craig Lee Bates

25–50% shares
25–50% votes

British · England · Age 58

The Old Vicarage, Grimley, Worcester, WR2 6LT

Notified 10/10/2023

Former PSCs

Mr Paul Edward Allen

Ceased 09/05/2018

Bradley Joe Gregory

Ceased 10/10/2023

Mr David Michael Rice

Ceased 11/08/2023

CompanyRankvs 14556+ SIC 71129 peers
51

Financial strength3th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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14556Southern Airframe Services Ltd
47
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

-£31k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

-£70k

Working capital

Current Assets

£174k

Current Liabilities

£244k

Fixed Assets

£62k

Debtors

£101k

5avg. employees-2

Balance Sheet

Assets less current liabilities-£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.71+£30k
20240.32-£77k
20230.85-£74k
20221.19+£121k
20210.82-£13k
20200.84—
20190.88—
20180.39—

Derived from filed accounts. Not audited figures.