Project Airscope Bidco Limited
13606854
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Last accounts
28/02/2025
group
Next accounts due
30/11/2026
Confirmation statement
Last: 21/05/2026
Due 04/06/2027
Industry
Officers
director · Since 21/02/2022
INVESTOR DIRECTOR
BRITISH · UNITED KINGDOM · Age 48
Also on 1 other board
director · Since 21/02/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 8 other boards
director · Since 07/01/2025
GROUP FINANCIAL OFFICER
BRITISH · ENGLAND · Age 37
Also on 9 other boards
director · Since 01/04/2026
BRITISH · UNITED KINGDOM · Age 45
Also on 13 other boards
director · Since 01/04/2026
BRITISH · UNITED KINGDOM · Age 49
Also on 7 other boards
Persons with Significant Control
Ldc Gp Llp
One Vine Street, London, W1J 0AH
Reg: So303717 · Companies House, Scotland · Corporate
Notified 21/02/2022
Former PSCs
Inhoco Formations Limited
Ceased 17/01/2022
Mr Nicholas Rhind
Ceased 21/02/2022
Charges5 outstanding
HSBC UK BANK PLC (AS LENDER)
LDC (MANAGERS) LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES
LDC (MANAGERS) LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES
HSBC UK BANK PLC
HSBC UK BANK PLC
CompanyRankvs 133090+ SIC 70100 peers14
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 28/02/2025
Net Worth
-£52.9M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Net Current Assets
£412k
Working capital
Current Assets
£3.5M
Current Liabilities
£3.1M
Fixed Assets
£16.0M
Debtors
£3.5M
Cost of Sales
£10.1M
Admin Expenses
£7.5M
Profit After Tax
-£7.3M
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.13 | -£14.8M |
| 2024 | 0.73 | -£53.0M |
Derived from filed accounts. Not audited figures.