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Airshack Projects 359 Limited

13684323

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

25 LADYBARN ROAD, MANCHESTER, M14 6WN
Incorporated 18/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mr James Christopher Henry

director · Since 18/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 10 other boards

Persons with Significant Control

Student Shack Limited

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

25, Ladybarn Road, Manchester, M14 6WN

Reg: 05051588 · Companies House · Limited Company

Notified 18/10/2021

Charges1 outstanding

Charge
outstanding

WEST ONE SECURED LOANS LIMITED

Created 28/02/2024Registered 11/03/2024
Charge
satisfied

I&F SECURITIES LIMITED

Created 10/02/2022Registered 16/02/2022Satisfied 07/05/2024
Charge
satisfied

I&F SECURITIES LIMITED

Created 10/02/2022Registered 16/02/2022Satisfied 07/05/2024

CompanyRankvs 43055+ SIC 41100 peers
38

Financial strength3th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 4.49× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees7/15 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.

Longevity5/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£281k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£3.1M

Current Liabilities

£692k

Debtors

£113k

1avg. employees

Balance Sheet

Bank loans & overdrafts£1.8M
Assets less current liabilities£2.4M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20254.49-£36k
20243.32-£88k
20232.48-£139k
20220.16

Derived from filed accounts. Not audited figures.