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The Old Airfield Tangmere Limited

12348340

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

THE OLD AIRFIELD CITY FIELDS WAY, CHICHESTER, PO20 2FT
Incorporated 04/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Marcel Houweling

secretary · Since 04/12/2019

Mr Robert Searle

secretary · Since 04/12/2019

Mr Dick Johannes Houweling

director · Since 04/12/2019

DIRECTOR

DUTCH · UNITED KINGDOM · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Marcel Houweling

25–50% shares
25–50% votes

Dutch · England · Age 49

The Old Airfield, City Fields Way, Chichester, PO20 2FT

Notified 04/12/2019

Mr Dick Johannes Houweling

50–75% shares
50–75% votes
Appoint directors

Dutch · United Kingdom · Age 52

The Old Airfield, City Fields Way, Chichester, PO20 2FT

Notified 04/12/2019

Charges0 outstanding

Charge
satisfied

DIRK HOUWELING

Created 10/03/2020Registered 12/03/2020Satisfied 21/02/2024

CompanyRankvs 34546+ SIC 68209 peers
60

Financial strength99th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.08× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

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

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

Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Turnover Turnover represents amounts receivable for rents, on a time apportioned basis, from owned property. 1.4 Tangib

Key FinancialsYear ending 31/12/2024

Net Worth

£7.4M

Balance sheet strength

Cash

£620k

Cash in the bank

Net Current Assets

£341k

Working capital

Current Assets

£655k

Current Liabilities

£314k

Fixed Assets

£8.6M

Debtors

£35k

0avg. employees

Balance Sheet

Assets less current liabilities£9.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.08+£192k
2023+£771k
2022+£199k
2021+£200k

Derived from filed accounts. Not audited figures.