Company Overview
Associated Air Services Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 18 February 1987, so this is a well established company. Associated Air Services Limited has been in business for 39 years and 1 month. The accounts status is total exemption full and the accounts are next due on Thursday 31 December 2026.
Registered Address

3 Skyport Drive, Harmondsworth, West Drayton, UB7 0LB
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Companies House Data
Company NameASSOCIATED AIR SERVICES LIMITED
Company Number02100896
Registered Office Address3 Skyport Drive
 Harmondsworth
 UB7 0LB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/02/1987
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date29/12/2016
Returns Last Made Up Date01/12/2015
Directors & Members
Show Resigned
Lee Russell - Director
(British, 69 years old, born September 1957)
Charles Russell - Director
(British, 28 years old, born March 1998)
Appointed 03 April 2023
 Active
Secretaries
Show Resigned
Other Company Directorships
Lee Russell
ASSOCIATED DIRECT LIMITED
Charles Russell
STAMFORD GLOBAL LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 81,796 81,796 79,394
Current Assets 816,923 816,923 1,133,247
Creditors Due Within One Year 531,009 531,009 435,220
Working Cap 285,914 285,914 698,027
Total Assets Less Current Liabilities 367,710 367,710 777,421
Long-term Liabilities 20,472 20,472 19,849
Net Assets 347,238 347,238 757,572
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 347,238 347,238 757,572
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 9.1% 9.1% 6.5%
Stocks Inventory - - -
Debtors 51.6% 51.6% 36.0%
Cash Bank In Hand 39.3% 39.3% 57.5%
Current Assets 90.9% 90.9% 93.5%
Creditors Due Within One Year 59.1% 59.1% 35.9%
Net Current Assets Liabilities 31.8% 31.8% 57.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 38.6% 38.6% 62.5%
Capital Employed - - -
Total Assets Less Current Liabilities 40.9% 40.9% 64.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Liquidity Ratio 1.5 1.5 2.6
Solvency Ratio 1.6 1.6 2.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Assets 898,719 898,719 1,212,641
Debt 551,481 551,481 455,069
Net Assets/Debt 347,238 347,238 757,572

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 12 October 2025 with no updates
Confirmation statement made on 12 October 2024 with updates
Resolutions
Cancellation of shares. Statement of capital on 13 October 2023
Purchase of own shares.
Confirmation statement made on 12 October 2023 with updates
Notification of Charles Russell as a person with significant control on 3 April 2023
Change of details for Mr. Lee Russell as a person with significant control on 3 April 2023
Change of share class name or designation
Resolutions
Change of share class name or designation
Change of share class name or designation
Memorandum and Articles of Association
Director's details changed for Mr. Lee Russell on 1 May 2023
Appointment of Mr Charles Russell as a director on 3 April 2023
Confirmation statement made on 1 December 2022 with updates
Change of details for Mr. Lee Russell as a person with significant control on 1 December 2022
Termination of appointment of Adrian Girardelli as a secretary on 27 April 2022
Change of details for Mr. Lee Russell as a person with significant control on 26 August 2022
Cessation of Adrian Girardelli as a person with significant control on 27 April 2022
Director's details changed for Mr. Lee Russell on 18 March 2022
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