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Ontime Airports Limited

09078280

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

04 WHITCHURCH PARADE, EDGWARE, HA8 6LR
Incorporated 10/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation
49390
Other passenger land transport

Officers

Mr Majooran Sornavelananthan

director · Since 10/06/2014

DIRECTOR

DANISH · UNITED KINGDOM · Age 44

Also on 3 other boards

Persons with Significant Control

Mr Majooran Sornavelananthan

75–100% shares
75–100% votes
Appoint directors

Danish · United Kingdom · Age 44

167, Shakespeare Avenue, Hayes, UB4 0BQ

Notified 10/06/2017

CompanyRankvs 1252+ SIC 49320 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 30/06/2025

Net Worth

£659k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

-£187k

Working capital

Current Assets

£181k

Current Liabilities

£368k

Fixed Assets

£1.7M

Debtors

£108k

18avg. employees+11

Balance Sheet

Assets less current liabilities£1.5M
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20250.49+£94k
2024139.13+£256k
20233.45+£271k
20221.70+£155k
20210.31+£2k
20200.46-£60k
20190.28

Derived from filed accounts. Not audited figures.