Back to search

Buoyancy Aerospace Ltd

14176940

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

The Scalpel, 18th Floor, 52 Lime Street, London, EC3M 7AF
Incorporated 16/06/2022

Previously known as

Wings Holdco Limited · until 26/06/2024

Compliance

Last accounts

31/10/2024

group

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/07/2026

Due 14/08/2027

On track

Industry

62012
Business and domestic software development
70229
Management consultancy activities
71121
Engineering design activities for industrial process and production
72190
Other research and experimental development on natural sciences and engineering

Officers

Dr Maximilian Arno Johannes Apel

director · Since 16/06/2022

DIRECTOR

GERMAN · GERMANY

Also on 3 other boards

Jtc (Uk) Limited

secretary · Since 15/01/2025

BRITISH

Also on 395 other boards

Maximilian Arno Johannes Apel

director · Since 16/06/2022

German · Germany

Jtc (Uk) Limited

corporate secretary · Since 15/01/2025

Reg: 04301763

Also on 395 other boards

Former

Oakwood Corporate Secretary Limited

corporate secretary · Resigned 15/01/2025

Persons with Significant Control

Dr Maximilian Arno Johannes Apel

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

German · England

Notified 16/06/2022

Charges1 outstanding

Charge
outstanding

CAROL MELDRUM · JANET LESLEY HARTLEY · ANDREW PAUL MELDRUM · ALLISON JULIE FENWICK · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 20/12/2022Registered 05/01/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/12/2022Registered 03/01/2023Satisfied 19/08/2025

Change History

officer appointed → JTC (UK) LIMITED
2026-08-25
officer appointed → APEL, Maximilian Arno Johannes, Dr
2026-08-25
status → active
2026-08-25

Active

type → ltd
2026-08-25

Private Limited Company

address line1 → The Scalpel, 18th Floor
2026-08-25

THE SCALPEL, 18TH FLOOR

post town → London
2026-08-25

LONDON

CompanyRankvs 24330+ SIC 62012 peers
33

Financial strength99th percentile among SIC peers · 25/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 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.

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.

Longevity4/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

and ongoing engagement with European sovereigns. The director confirms that no material uncertainties exist that would cast significant doubt on The Company’s ability to continue as a going concern. Key performance indicators Invested in a state-of-the-art surface treatment line (anodising), fully compliant with UK/EU REACH regulations. Embedded a new multi-site planning arc

Key FinancialsYear ending 31/10/2024

Turnover

£5.0M

Annual revenue

Net Worth

£3.9M

Balance sheet strength

Cash

£89k

Cash in the bank

Net Current Assets

-£1.3M

Working capital

Current Assets

£930k

Current Liabilities

£2.2M

Fixed Assets

£10.5M

Debtors

£930k

Cost of Sales

£4.7M

Gross Profit

£393k

Admin Expenses

£1.7M

Operating Profit

-£1.1M

Profit After Tax

-£1.1M

1avg. employees

People Costs

Wages & salaries£1.7M
NI contributions£167k

Balance Sheet

Intangible assets£5.3M
Bank loans & overdrafts£125k
Assets less current liabilities£9.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.43-£5.4M
20230.29—

Derived from filed accounts. Not audited figures.

Filing History20 filings

Confirmation statement

confirmation statement with updates

13/08/20265 pages · PDF
Accounts date changed

change account reference date company previous extended

16/07/20261 page · PDF
MR04

mortgage satisfy charge full

19/08/20251 page · PDF
Accounts filed

accounts with accounts type group

31/07/202538 pages · PDF
Confirmation statement

confirmation statement with updates

31/07/20254 pages · PDF
Confirmation statement

confirmation statement with updates

24/06/20255 pages · PDF
PSC changed

change to a person with significant control

24/06/20252 pages · PDF
Address changed

change registered office address company with date old address new address

17/01/20251 page · PDF
TM02

termination secretary company with name termination date

17/01/20251 page · PDF
AP04

appoint corporate secretary company with name date

17/01/20252 pages · PDF
Accounts filed

accounts with accounts type group

04/07/202435 pages · PDF
CERTNM

certificate change of name company

26/06/20243 pages · PDF
Confirmation statement

confirmation statement with no updates

25/06/20243 pages · PDF
Confirmation statement

confirmation statement with updates

28/06/20234 pages · PDF
Accounts date changed

change account reference date company current extended

21/02/20231 page · PDF
Shares allotted

capital allotment shares

12/01/20233 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

05/01/202322 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

03/01/20238 pages · PDF
PSC changed

change to a person with significant control

06/10/20222 pages · PDF
Incorporated

incorporation company

16/06/202229 pages · PDF