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Astroscale Ltd

10689249

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

ZEUS RUTHERFORD AVENUE, DIDCOT, OX11 0DF
Incorporated 24/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities
72190
Other research and experimental development on natural sciences and engineering

Officers

Mitsunobu Okada

director · Since 24/03/2017

DIRECTOR

JAPANESE · JAPAN · Age 53

Christopher Charles Blackerby

director · Since 01/08/2017

GROUP CHIEF OPERATING OFFICER

AMERICAN · JAPAN · Age 52

Mr Nicholas Peter Eugene Shave

director · Since 01/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 56

Mrs Sharon Lynne Parker-Lines

secretary · Since 01/01/2023

Persons with Significant Control

Astroscale Holdings Inc

75–100% shares
75–100% votes

Hulic Kinshicho Collabo Tree, 4-17-1 Kinshi Sumida-Ku, Tokyo, 130-0013

Reg: 00000000 · Tokyo Legal Affairs Bureau · Limited

Notified 19/03/2025

Former PSCs

Mitsunobu Okada

Ceased 19/03/2025

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 27/03/2019Registered 02/04/2019Satisfied 02/04/2024

CompanyRankvs 1800+ SIC 71129 peers
69

Financial strength100th percentile among SIC peers · 25/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 6.49× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees10/15 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.

Longevity9/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period to 31 January 2027. Our responsibilities and the responsibilities of the Directors with respect to going concern are described in the relevant sections of this report

Key FinancialsYear ending 30/04/2025

Net Worth

£15.4M

Balance sheet strength

Cash

£15.6M

Cash in the bank

Profit Before Tax

-£29.4M

Bottom line earnings

Net Current Assets

£35.9M

Working capital

Current Assets

£42.4M

Current Liabilities

£6.5M

Fixed Assets

£3.0M

Debtors

£15.4M

Cost of Sales

£19.6M

Admin Expenses

£12.7M

Profit After Tax

-£29.4M

2avg. employees-119

People Costs

Wages & salaries£14.8M

Balance Sheet

Assets less current liabilities£38.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20256.49+£11.9M
20236.33

Derived from filed accounts. Not audited figures.