Somerset Levels Aircraft Engineering Ltd
07960082
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
28/02/2025
micro entity
Next accounts due
30/11/2026
Confirmation statement
Last: 14/01/2026
Due 28/01/2027
Industry
Officers
Former
director · Resigned 28/02/2015
corporate secretary · Resigned 14/09/2015
director · Resigned 07/04/2025
Persons with Significant Control
Mr Miles Alexander Mccallum
British · England · Age 70
Earnshill Farm Cottage, Hambridge, Langport, TA10 0AX
Notified 06/04/2016
Former PSCs
Ms Wanda Holdsworth
Ceased 07/04/2025
Change History
Active
Private Limited Company
2 DRAKE HOUSE
TAUNTON
CompanyRankvs 19136+ SIC 71129 peers36
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
-£24k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£23k
Working capital
Current Assets
£2k
Current Liabilities
£25k
Fixed Assets
£602
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | -£8k |
| 2024 | 0.13 | -£3k |
| 2023 | 0.33 | — |
Derived from filed accounts. Not audited figures.