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Practical Aviation Skills Ltd

12573424

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

MEADS FARMHOUSE YELDHAM ROAD, HALSTEAD, CO9 4LS
Incorporated 27/04/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

51101
Scheduled passenger air transport
85320
Technical and vocational secondary education

Officers

Mr Andrew Peter Daines

director · Since 27/04/2020

ENGINEER

BRITISH · UNITED KINGDOM · Age 61

Mrs Jane Daines

director · Since 27/04/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Persons with Significant Control

Mrs Jane Daines

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 63

Meads Farmhouse, Yeldham Road, Halstead, CO9 4LS

Notified 27/04/2020

Mr Andrew Peter Daines

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 61

Meads Farmhouse, Yeldham Road, Halstead, CO9 4LS

Notified 27/04/2020

CompanyRankvs 57+ SIC 51101 peers
72

Financial strength79th percentile among SIC peers · 20/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.9× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 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.

Longevity6/15 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 30/04/2025

Net Worth

£41k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£60k

Current Liabilities

£21k

Fixed Assets

£968

2avg. employees+1

Balance Sheet

Assets less current liabilities£41k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.90+£13k
20242.32-£6k
20232.75+£4k
20222.66

Derived from filed accounts. Not audited figures.