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Axair Refrigeration Limited

10051354

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

CENTRE 500 LOWFIELD DRIVE, NEWCASTLE UNDER LYME, ST5 0UU
Incorporated 08/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46439
46439

Officers

Mr Grant Edwards

director · Since 08/03/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mr Robert Nigel Burn

director · Since 02/10/2017

BUSINESS DEVELOPMENT MANAGER

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Axair Limited

75–100% shares

Centre 500, Lowfield Drive, Newcastle Under Lyme, ST5 0UU

Notified 07/03/2017

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 19/12/2019Registered 08/01/2020
Charge
outstanding

LLOYDS BANK PLC

Created 19/12/2019Registered 30/12/2019

CompanyRankvs 233+ SIC 46439 peers
61

Financial strength92th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.71× · 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 strength23/25 pts

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

Employees3/15 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

£1.7M

Balance sheet strength

Cash

£682k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.3M

Current Liabilities

£614k

Debtors

£363k

0avg. employees-4

Balance Sheet

Intangible assets£47k
Bank loans & overdrafts£0
Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.71+£112k
20244.82+£319k
20233.37+£260k
20222.62
20212.33

Derived from filed accounts. Not audited figures.