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Cobalt Aerospace Limited

08435365

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

IFPL ELM LANE, NEWPORT, PO30 4JY
Incorporated 07/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27400
Manufacture of electric lighting equipment

Officers

Mr Daniel Alan Rust

director · Since 07/03/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 3 other boards

Stewart Neil Mcgregor

director · Since 01/03/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 3 other boards

Mr Geoffrey Paul Underwood

director · Since 01/03/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 9 other boards

Persons with Significant Control

Cobalt Aerospace Group Limited

75–100% shares
75–100% votes

Ifpl, Elm Lane, Newport, PO30 4JY

Reg: 11768156 · Companies House · Private Limited

Notified 31/08/2019

Former PSCs

Mr Benjamin Kimberlin Mccallum Brown

Ceased 31/08/2019

Mr Daniel Alan Rust

Ceased 31/08/2019

CompanyRankvs 158+ SIC 27400 peers
66

Financial strength94th percentile among SIC peers · 24/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 5.71× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees4/15 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.

Longevity13/15 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

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

Going Concern Doubt

prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value 1.2 Going concern The director true s ha ve assessed going concern and consider that there are no material uncertainties which may cast significant doubt s about the company's ability to continue tra

Key FinancialsYear ending 31/10/2024

Net Worth

£2.4M

Balance sheet strength

Cash

£426k

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£2.8M

Current Liabilities

£483k

Fixed Assets

£23k

Debtors

£1.7M

0avg. employees-8

Balance Sheet

Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20245.71+£950k
202132.31+£389k
202031.70-£248k
20196.02

Derived from filed accounts. Not audited figures.