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Salt Aviation Recovery Assistance Limited

09850005

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

8H OLD YARD, BRASTED, TN16 1JP
Incorporated 30/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Nigel Rowland Hill

director · Since 12/01/2016

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 13 other boards

Mr Andrew John Moore

director · Since 12/01/2016

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 61

Also on 5 other boards

Mr Gordon Paul Scott

director · Since 11/06/2021

BUSINESS DEVELOPMENT

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Nigel Rowland Hill

75–100% shares

British · England · Age 66

8h Old Yard, Rectory Lane, Brasted, TN16 1JP

Notified 06/04/2016

Former PSCs

Zephyr Investment And Trading Limited

Ceased 06/04/2016

CompanyRankvs 2426+ SIC 22290 peers
27

Financial strength1th percentile among SIC peers · 0/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees9/15 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.

Longevity11/15 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

Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. These financial statements are presented in Sterling (£). Going concern The directors' assess whether the use of going concern is i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability

Key FinancialsYear ending 30/06/2025

Net Worth

-£626k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£12k

Current Liabilities

£646k

4avg. employees

Balance Sheet

Assets less current liabilities-£621k
Signed by 09850005 2023-12-31 2025-06-30 09850005 2025-06-30 09850005 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£0
20250.02-£180k
20230.03-£84k
20220.04-£95k
20210.12-£83k
20200.08-£71k
20190.12—

Derived from filed accounts. Not audited figures.