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Southern Air Charter Limited

15038438

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

LARCH HOUSE, DENMEAD, PO7 6XP
Incorporated 31/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

51102
Non-scheduled passenger air transport

Officers

Mr Nicholas Grahame Baker

director · Since 31/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 2 other boards

Mr Aaron Maurice Brown

director · Since 31/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 43

Mr Darren Michael Ridge

director · Since 31/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 63

Saj Investments Limited

director · Since 03/12/2024

Persons with Significant Control

Ridown Capital Limited

25–50% shares
25–50% votes

Ridown Building, Fulcrum 2, Whiteley, PO15 7FN

Reg: 06521296 · Register Of Companies In England & Wales · Private Company Limited By Shares

Notified 31/07/2023

Saj Investments Limited

25–50% shares
25–50% votes

3rd Floor, 44 Esplanade, St Helier, JE4 9WG

Reg: 157362 · Jersey Financial Services Commission Registry · Private Company Limited By Shares

Notified 03/12/2024

Former PSCs

Onyx Midco Limited

Ceased 03/12/2024

CompanyRankvs 833+ SIC 51102 peers
43

Financial strength40th percentile among SIC peers · 10/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 pts

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

Employees13/15 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.

Longevity3/15 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 31/07/2024

Net Worth

£100

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£5.7M

Working capital

Current Assets

£1.2M

Current Liabilities

£6.9M

Fixed Assets

£5.7M

Debtors

£1.2M

3avg. employees

Balance Sheet

Assets less current liabilities-£21k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.17

Derived from filed accounts. Not audited figures.