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Skyspares Limited

09958681

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

OKEHAMPTON POINT, OKEHAMPTON, EX20 1UA
Incorporated 19/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Michael Stephen Saywell

director · Since 19/01/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

South West Aerospace Holdings Limited

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

Okehampton Point, Exeter Road Industrial Estate, Okehampton, EX20 1UA

Reg: 09951249 · Uk · Ltd

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

STEPHEN SAYWELL, LINDA SAYWELL, MICHAEL SAYWELL AND ANDREW SAYWELL AS TRUSTEES OF THE LIGHT AER

Created 28/03/2022Registered 28/03/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/06/2020Registered 11/06/2020
Charge
satisfied

TRIPLE POINT ADVANCR LEASING PLC

Created 15/08/2019Registered 04/09/2019Satisfied 29/05/2020

CompanyRankvs 4447+ SIC 82990 peers
75

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 7.04× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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.

Longevity10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£3.5M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

£5.7M

Working capital

Current Assets

£6.7M

Current Liabilities

£947k

Fixed Assets

£359k

Debtors

£135k

16avg. employees+4

Balance Sheet

Assets less current liabilities£6.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20257.04+£558k
20247.45+£166k
20236.47+£1.3M
20226.72+£562k
202113.65

Derived from filed accounts. Not audited figures.