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Airspace 1 Ltd

13050625

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

85 GREAT PORTLAND STREET, LONDON, W1W 7LT
Incorporated 30/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Thomas Richard Grey

director · Since 30/11/2020

ARCHITECT

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Mr Michael James Griffiths

director · Since 30/11/2020

ARCHITECT

BRITISH · UNITED KINGDOM · Age 41

Also on 11 other boards

Mr Patrick Julian Brightman

director · Since 15/03/2021

CHARTERED SURVEYOR

BRITISH · ENGLAND · Age 45

Also on 4 other boards

Persons with Significant Control

Patrick Julian Brightman

25–50% shares

British · England · Age 45

Unit 408, China Works, 100 Black Prince Road, London, SE1 7SJ

Notified 07/01/2022

Airpace Developments Ltd

50–75% shares

85 Great Portland Street, Great Portland Street, London, W1W 7LT

Notified 11/04/2023

Former PSCs

Mr Thomas Richard Grey

Ceased 11/04/2023

Mr Michael James Griffiths

Ceased 11/04/2023

CompanyRankvs 82189+ SIC 41100 peers
26

Financial strength2th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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82189Airspace 1 Ltd
25
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.

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 31/12/2025

Net Worth

-£620k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£18k

Current Liabilities

£638k

0avg. employees

Balance Sheet

Total assets£18k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£0
20250.03-£69k
20240.14-£199k
20230.18-£98k
20220.12-£241k
20210.90—

Derived from filed accounts. Not audited figures.