Airdrate Ltd
11357624
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/05/2018
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 81
Also on 2 other boards
director · Since 01/04/2025
CHIEF EXECUTIVE OFFICER (CEO)
BRITISH · UNITED KINGDOM · Age 56
Persons with Significant Control
Mr Paul Bradley
British · England · Age 58
Ground Floor, Custom House, Waterfront East, Brierley Hill, DY5 1XH
Notified 11/05/2018
CompanyRankvs 13518+ SIC 32990 peers29
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
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
-£30k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£30k
Working capital
Current Assets
£16k
Current Liabilities
£46k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.35 | +£4k |
| 2024 | 0.26 | -£32k |
| 2023 | 0.01 | -£816 |
| 2022 | 0.01 | -£385 |
| 2021 | 0.07 | — |
| 2020 | 0.05 | — |
| 2019 | 0.07 | — |
Derived from filed accounts. Not audited figures.