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Altafinch Uk Plc

11047040

active
Public Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

117 MERTON ROAD, LONDON, SW19 1ED
Incorporated 03/11/2017

Compliance

Last accounts

29/03/2024

full

Next accounts due

29/12/2025

Overdue

Confirmation statement

Last: 02/11/2025

Due 16/11/2026

On track

Industry

51102
Non-scheduled passenger air transport
52230
Service activities incidental to air transportation

Officers

Dmitry Starchevskiy

secretary · Since 03/11/2017

Mrs Zehra Bailey Starchevskaya

director · Since 03/11/2017

NONE

BRITISH · UNITED KINGDOM · Age 51

Mr Dmitry Starchevskiy

director · Since 03/11/2017

NONE

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Dmitry Starchevskiy

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

British · England · Age 40

117, Merton Road, London, SW19 1ED

Notified 03/11/2017

Former PSCs

Altafinch Holdings Ltd

Ceased 03/11/2017

Mr Denisz Andras Nagy

Ceased 24/01/2020

Roman Joukovski

Ceased 24/01/2020

CompanyRankvs 453+ SIC 51102 peers
48

Financial strength1th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 48.93× · 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 strength0/25 pts

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

Employees14/15 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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the company ' s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operati

Key FinancialsYear ending 29/03/2024

Net Worth

-£3.1M

Balance sheet strength

Cash

£42k

Cash in the bank

Profit Before Tax

-£3.5M

Bottom line earnings

Net Current Assets

£166.8M

Working capital

Current Assets

£170.3M

Current Liabilities

£3.5M

Debtors

£51.8M

Cost of Sales

£688k

Admin Expenses

£292k

Profit After Tax

-£3.5M

4avg. employees

Tax at Year End(2023)

Corp tax£0

People Costs

Wages & salaries£152k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202448.93-£3.5M
202347.36+£18k
202250.73

Derived from filed accounts. Not audited figures.