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Distributed Avionics Limited

12054726

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

5TH FLOOR, LONDON, W1W 5PF
Incorporated 17/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30300
Manufacture of air and spacecraft and related machinery

Officers

Mrs Catherine Mary Wright

director · Since 17/06/2019

INVESTOR

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Mr Stephen John Michael Wright

director · Since 17/06/2019

INVESTOR

BRITISH · ENGLAND · Age 62

Also on 8 other boards

Persons with Significant Control

Windracers Group Limited

75–100% shares
75–100% votes

5th Floor, 167-169 Great Portland Street, London, W1W 5PF

Reg: 13883144 · Companies House · Private Limited Company

Notified 23/02/2022

Former PSCs

Mr Stephen John Michael Wright

Ceased 23/02/2022

CompanyRankvs 343+ SIC 30300 peers
39

Financial strength4th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.22× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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.

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

-£329k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£380k

Working capital

Current Assets

£107k

Current Liabilities

£487k

Fixed Assets

£51k

Debtors

£100k

13avg. employees+1

Tax at Year End

Corp tax-£56k

Director Loans

Company owes directors£480k

Balance Sheet

Assets less current liabilities-£329k
Signed by Mr S J Wright 5 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.22+£110k
20240.50+£372k£11.0M
20230.73-£355k£11.0M
20220.31-£322k
20210.40-£127k
20200.59

Derived from filed accounts. Not audited figures.