Xcel Aerospace Limited
07680845
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 23/06/2025
Due 07/07/2026
Industry
Officers
Niall James Rafferty
secretary · Since 30/07/2021
Harry Cuadrado
director · Since 20/12/2019
American
Niall James Rafferty
director · Since 01/12/2015
British
Former
Mark Beadle
director · Resigned 17/12/2014
Joseph Boucher
director · Resigned 20/12/2019
Daniel Ryan Daley
director · Resigned 30/07/2021
Robert John Duff
director · Resigned 23/02/2015
Andrew Olaf Fischer
director · Resigned 20/12/2019
Ian Fisher
director · Resigned 20/12/2019
Peter Anthony Mooney
director · Resigned 23/10/2014
John Barry Rice
director · Resigned 23/02/2016
Jonathan Charles Richardson
director · Resigned 20/12/2019
Balraj Singh Virdi
director · Resigned 20/12/2019
Farsound Holdings Limited
corporate director · Resigned 27/06/2011
CompanyRankvs 105+ SIC 30300 peers79
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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
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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£8.3M
Annual revenue
Net Worth
£4.6M
Balance sheet strength
Cash
£912k
Cash in the bank
Profit Before Tax
£1.3M
Bottom line earnings
Net Current Assets
£3.5M
Working capital
Current Assets
£5.6M
Current Liabilities
£2.1M
Fixed Assets
£1.7M
Debtors
£3.1M
Cost of Sales
£4.1M
Gross Profit
£4.3M
Admin Expenses
£3.0M
Operating Profit
£1.4M
Profit After Tax
£894k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.68 | +£941k |
| 2023 | 2.35 | +£648k |
| 2022 | 3.07 | — |
Derived from filed accounts. Not audited figures.