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Aviation Works Limited

11304154

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 6, THE HANGAR PERSEVERANCE WORKS, LONDON, E2 8DD
Incorporated 11/04/2018

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 09/05/2025

Due 23/05/2026

On track

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Timothy Wakeford

director · Since 11/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Ovunc Okyay

director · Since 18/05/2018

DIRECTOR

TURKISH · SWITZERLAND · Age 45

Mr Robert Andrew Boyle

director · Since 27/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Mr Philip Antony Swash Beng Hons

director · Since 14/01/2026

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Persons with Significant Control

Caeli Nova Ag

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

Caeli Nova Ag, Schindellegistrasse 3, Pfaffikon Sz, 8808

Reg: 215418875 · Canton Of Schwyz · Ag

Notified 09/05/2018

Former PSCs

Mr Timothy Wakeford

Ceased 09/05/2018

Charges2 outstanding

Charge
outstanding

SPRK CAPITAL LIMITED

Created 07/07/2025Registered 07/07/2025
Charge
satisfied

SPRK CAPITAL LIMITED

Created 04/11/2024Registered 04/11/2024Satisfied 07/07/2025
Charge
outstanding

INNOVATE UK LOANS LIMITED

Created 18/12/2020Registered 21/12/2020

CompanyRankvs 3959+ SIC 72190 peers
36

Financial strength0th percentile among SIC peers · 0/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.65× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

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.

Longevity8/15 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 31/12/2025

Net Worth

-£13.1M

Balance sheet strength

Cash

£119k

Cash in the bank

Net Current Assets

£772k

Working capital

Current Assets

£1.1M

Current Liabilities

£291k

Fixed Assets

£376k

Debtors

£944k

0avg. employees-17

Tax at Year End(2022)

Corp tax£0

Balance Sheet

Intangible assets£376k
Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.65-£1.5M
20243.45-£957k
20232.64-£2.2M
20227.72-£3.2M
20213.02-£2.5M
20208.71-£1.4M
20190.18-£793k

Derived from filed accounts. Not audited figures.