Company Overview
Border Air Training Limited is a Dissolved Private Limited Company.
Registered Address

Carlisle Airport, Crosby On Eden, Carlisle, CA6 4NW
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Companies House Data
Company NameBORDER AIR TRAINING LIMITED
Company Number02646725
Registered Office AddressCarlisle Airport
 Crosby On Eden
 CA6 4NW
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date18/09/1991
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2019
Accounts Last Made Up Date31/08/2017
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date16/10/2016
Returns Last Made Up Date18/09/2015
Directors & Members
Show Resigned
Louise Ewart - Director
(British, 44 years old, born August 1982)
Appointed 04 December 2017
 Active
Graeme Frater - Director
(British, 47 years old, born June 1979)
Appointed 04 December 2017
 Active
Craig McDonald - Director
(British, 43 years old, born August 1983)
Appointed 04 December 2017
 Active
Secretaries
Show Resigned
Other Company Directorships
Louise Ewart
ACS AVIATION LIMITED
CG AVIATION LTD
CLOUD GLOBAL GROUP LIMITED
CLOUD GLOBAL LTD
FLY SCENIC SCOTLAND LTD
NORTH PARTS LTD
THE TWENTYTEN GROUP LTD
Graeme Frater
FLY SCENIC SCOTLAND LTD
Craig McDonald
FLY SCENIC SCOTLAND LTD
Balance Sheet Unlock full report
Accounts Date 31-Aug-2017 31-Aug-2016 31-Aug-2015
Balance Sheet
Fixed Assets 6,740 6,246 6,313
Current Assets 1,620 662 8,513
Creditors Due Within One Year 316,026 274,024 237,956
Working Cap -309,985 -269,379 -225,792
Total Assets Less Current Liabilities -307,666 -267,116 -223,130
Long-term Liabilities 4,918 4,680 9,259
Net Assets -312,584 -271,796 -232,389
Share Capital & Reserves
Share Cap - - 2
Profit & Loss Reserves - - -232,391
Other Reserves - - 0
Shareholders Funds -312,584 -271,796 -232,389
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2017 31-Aug-2016 31-Aug-2015
Tangible Fixed Assets - - 18.0%
Fixed Assets 80.6% 90.4% 42.6%
Stocks Inventory - - -
Debtors - - 81.0%
Cash Bank In Hand - - 1.0%
Current Assets 19.4% 9.6% 57.4%
Creditors Due Within One Year 3780.2% 3966.8% 1605.0%
Net Current Assets Liabilities -3708.0% -3899.5% -1522.9%
Creditors Due After One Year - - -
Accruals Deferred Income 58.8% 67.7% 62.5%
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -3739.0% -3934.5% -1567.4%
Called Up Share Capital - - 0.0%
Share Capital Allotted Called Up Paid - - 0.0%
Profit Loss Account Reserve - - -1567.5%
Shareholder Funds -3739.0% -3934.5% -1567.4%
Capital Employed - - -
Total Assets Less Current Liabilities -3680.2% -3866.8% -1505.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2017 31-Aug-2016 31-Aug-2015
Liquidity Ratio 0.0 0.0 0.0
Solvency Ratio 0.0 0.0 0.1
Reserves to Assets - - -15.7
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2017 31-Aug-2016 31-Aug-2015
Assets 8,360 6,908 14,826
Debt 320,944 278,704 247,215
Net Assets/Debt -312,584 -271,796 -232,389
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
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 1 October 2020
Liquidators' statement of receipts and payments to 1 October 2019
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Confirmation statement made on 18 September 2018 with updates
Notification of Cloud Global Group Limited as a person with significant control on 4 December 2017
Cessation of James Howard Sandham as a person with significant control on 4 December 2017
Termination of appointment of James Howard Sandham as a director on 20 December 2017
Appointment of Craig Ross Mcdonald as a director on 4 December 2017
Appointment of Mrs Louise Anne Ewart as a director on 4 December 2017
Appointment of Mr Graeme Frater as a director on 4 December 2017
Termination of appointment of James Alexander Sandham as a director on 4 December 2017
Termination of appointment of James Alexander Sandham as a director on 4 December 2017
Termination of appointment of Catherine Anne Sandham as a secretary on 4 December 2017
Confirmation statement made on 18 September 2017 with no updates
Satisfaction of charge 1 in full
Satisfaction of charge 2 in full
Satisfaction of charge 3 in full
Confirmation statement made on 18 September 2016 with updates
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