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Citation Jet Ltd

12148006

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

NAL ENGINEERING HANGAR, SOUTHSIDE NEWCASTLE INTERNATIONAL AIRPORT, NEWCASTLE UPON TYNE, NE13 8BT
Incorporated 09/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

51102
Non-scheduled passenger air transport

Officers

Mrs Donna Bulman

secretary · Since 09/08/2019

Also on 4 other boards

Mrs Donna Bulman

director · Since 09/08/2019

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 57

Also on 4 other boards

Persons with Significant Control

Ripley Consulting Ltd

25–50% shares
25–50% votes

139, Back High Street, Newcastle Upon Tyne, NE3 4ET

Reg: 11107219 · Companies House, England And Wales · Private Limited Company

Notified 15/12/2021

Apex Global Investments Limited

25–50% shares
25–50% votes

8, St. Georges Street, Isle Of Man, IM1 1AH

Reg: 011414v · Isle Of Man Companies Registry · Limited By Shares

Notified 15/12/2021

Former PSCs

Mr Craig Marin Mcleod

Ceased 15/12/2021

Charges2 outstanding

Charge
outstanding

CSD SEALING SYSTEMS LIMITED

Created 19/06/2023Registered 22/06/2023
Charge
outstanding

APEX GLOBAL INVESTMENTS LIMITED

Created 20/12/2019Registered 20/12/2019

CompanyRankvs 1303+ SIC 51102 peers
17

Financial strength2th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees2/15 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.

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 31/03/2025

Net Worth

-£994k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£2.4M

Working capital

Current Assets

£83k

Current Liabilities

£2.5M

Fixed Assets

£1.4M

Debtors

£69k

0avg. employees

Balance Sheet

Assets less current liabilities-£994k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£521k
20240.02-£215k
20230.04—

Derived from filed accounts. Not audited figures.