British Aerobatic Academy Ltd
08268680
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Adrian Robert Willis
English · England · Age 67
The Hangar, Fowlmere Airfield, Royston, SG8 7SH
Notified 25/10/2016
CompanyRankvs 5010+ SIC 85510 peers34
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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
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan
Key FinancialsYear ending 31/10/2024
Net Worth
-£21k
Balance sheet strength
Cash
£20k
Cash in the bank
Net Current Assets
-£167k
Working capital
Current Assets
£26k
Current Liabilities
£193k
Fixed Assets
£147k
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.14 | +£10k |
| 2023 | 0.10 | — |
| 2022 | 0.37 | — |
| 2021 | 0.38 | — |
Derived from filed accounts. Not audited figures.