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Drone Approach Ltd

12861381

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)
  • Going concern doubt noted in accounts (-10)

Details

9 BROADWAY AVENUE, TWICKENHAM, TW1 1RH
Incorporated 07/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Graham John Parkinson

director · Since 07/09/2020

PILOT

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mr Ronan Fitzgerald

director · Since 07/12/2020

AIRLINE PILOT

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Graham John Parkinson

75–100% shares
75–100% votes
Appoint directors

British · England · Age 55

9, Broadway Avenue, Twickenham, TW1 1RH

Notified 07/09/2020

CompanyRankvs 48086+ SIC 74909 peers
26

Financial strength10th percentile among SIC peers · 3/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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48086Drone Approach Ltd
35
How is this score calculated?
Financial strength3/25 pts

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

Employees10/15 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.

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.

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

the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Going Concern The director has considered the company's prospects over the next twelve months and have not identified any material circumstances that may affect the company's ability to continue its o

Key FinancialsYear ending 31/03/2025

Net Worth

-£6k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£3k

Current Liabilities

£15k

Fixed Assets

£8k

Debtors

£30

2avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.21-£4k
20240.26—

Derived from filed accounts. Not audited figures.