ridgway aviation limited
ridgway aviation limited Company Information
Company Number
03014804
Next Accounts
Jan 2026
Shareholders
sandford assets ltd
Group Structure
View All
Industry
Renting and leasing of passenger air transport equipment
Registered Address
earthmover house, ridgway business park, st martins, shropshire, SY11 3PZ
Website
www.ridgwayrentals.comridgway aviation limited Estimated Valuation
Pomanda estimates the enterprise value of RIDGWAY AVIATION LIMITED at £2.9m based on a Turnover of £1.4m and 2.1x industry multiple (adjusted for size and gross margin).
ridgway aviation limited Estimated Valuation
Pomanda estimates the enterprise value of RIDGWAY AVIATION LIMITED at £0 based on an EBITDA of £-28.3k and a 4.59x industry multiple (adjusted for size and gross margin).
ridgway aviation limited Estimated Valuation
Pomanda estimates the enterprise value of RIDGWAY AVIATION LIMITED at £147.2k based on Net Assets of £62.4k and 2.36x industry multiple (adjusted for liquidity).
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Ridgway Aviation Limited Overview
Ridgway Aviation Limited is a live company located in st martins, SY11 3PZ with a Companies House number of 03014804. It operates in the renting and leasing of air passenger transport equipment sector, SIC Code 77351. Founded in January 1995, it's largest shareholder is sandford assets ltd with a 100% stake. Ridgway Aviation Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
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Ridgway Aviation Limited Health Check
Pomanda's financial health check has awarded Ridgway Aviation Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£4m)
- Ridgway Aviation Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (-4.2%)
- Ridgway Aviation Limited
-4.2% - Industry AVG
Production
with a gross margin of 66.4%, this company has a comparable cost of product (66.4%)
- Ridgway Aviation Limited
66.4% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (44.4%)
- Ridgway Aviation Limited
44.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Ridgway Aviation Limited
3 - Industry AVG
Pay Structure
on an average salary of £161.4k, the company has an equivalent pay structure (£161.4k)
- Ridgway Aviation Limited
£161.4k - Industry AVG
Efficiency
resulting in sales per employee of £683.7k, this is less efficient (£857.4k)
- Ridgway Aviation Limited
£857.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ridgway Aviation Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ridgway Aviation Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (155 days)
- Ridgway Aviation Limited
155 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (2 weeks)
0 weeks - Ridgway Aviation Limited
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52%, this is a lower level of debt than the average (99%)
52% - Ridgway Aviation Limited
99% - Industry AVG
RIDGWAY AVIATION LIMITED financials
Ridgway Aviation Limited's latest turnover from April 2024 is estimated at £1.4 million and the company has net assets of £62.4 thousand. According to their latest financial statements, Ridgway Aviation Limited has 2 employees and maintains cash reserves of £676 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 1 | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 123,778 | 122,895 | 97,826 | 103,248 | 432,142 | 458,605 | 419,104 | 428,615 | 440,790 | 474,295 | 487,206 | 317,677 | 357,232 | 441,545 | 524,794 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 123,778 | 122,895 | 97,826 | 103,248 | 432,142 | 458,605 | 419,104 | 428,615 | 440,790 | 474,295 | 487,206 | 317,677 | 357,232 | 441,545 | 524,794 |
| Stock & work in progress | 2,846 | 346 | 346 | 346 | 346 | 346 | 346 | 394 | 394 | 2,247 | 2,199 | 2,199 | 233 | 52 | 610 |
| Trade Debtors | 2,006 | 187 | 1,647 | 1,451 | 9,076 | 12,673 | 3,461 | 8,859 | 8,951 | 16,021 | |||||
| Group Debtors | 6,471 | 2,927 | 2,927 | 2,927 | 2,927 | ||||||||||
| Misc Debtors | 2,787 | 460 | 1,697 | 6,117 | 3,597 | 4,835 | 5,057 | 5,911 | |||||||
| Cash | 676 | 2,278 | 990 | 21 | 1,999 | 1,702 | 74 | 3,348 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 6,309 | 3,084 | 7,807 | 2,064 | 11,389 | 10,578 | 8,295 | 10,025 | 7,756 | 11,323 | 14,872 | 5,660 | 9,166 | 12,351 | 16,631 |
| total assets | 130,087 | 125,979 | 105,633 | 105,312 | 443,531 | 469,183 | 427,399 | 438,640 | 448,546 | 485,618 | 502,078 | 323,337 | 366,398 | 453,896 | 541,425 |
| Bank overdraft | 5 | 5 | 5 | 6 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 141 | 591 | 370,887 | 410,865 | 209,151 | 239,905 | 272,965 | 353,300 | |||||||
| Group/Directors Accounts | 42,058 | 17,938 | 2,391 | 344,041 | 368,751 | 294,515 | 319,271 | 320,569 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 4,000 | 4,216 | 4,116 | 2,587 | 2,586 | 5,503 | 21,087 | 7,515 | 18,157 | ||||||
| total current liabilities | 46,058 | 22,154 | 4,116 | 4,978 | 346,627 | 374,259 | 315,748 | 327,382 | 338,732 | 370,887 | 410,865 | 209,151 | 239,905 | 272,965 | 353,300 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 40,095 | 63,442 | 102,744 | ||||||||||||
| provisions | 21,613 | 12,988 | 13,146 | 13,125 | 58,648 | 55,759 | 54,845 | 55,115 | 63,445 | 56,546 | 60,461 | 43,598 | 30,954 | 26,144 | 17,832 |
| total long term liabilities | 21,613 | 12,988 | 13,146 | 13,125 | 58,648 | 55,759 | 54,845 | 55,115 | 63,445 | 56,546 | 60,461 | 43,598 | 71,049 | 89,586 | 120,576 |
| total liabilities | 67,671 | 35,142 | 17,262 | 18,103 | 405,275 | 430,018 | 370,593 | 382,497 | 402,177 | 427,433 | 471,326 | 252,749 | 310,954 | 362,551 | 473,876 |
| net assets | 62,416 | 90,837 | 88,371 | 87,209 | 38,256 | 39,165 | 56,806 | 56,143 | 46,369 | 58,185 | 30,752 | 70,588 | 55,444 | 91,345 | 67,549 |
| total shareholders funds | 62,416 | 90,837 | 88,371 | 87,209 | 38,256 | 39,165 | 56,806 | 56,143 | 46,369 | 58,185 | 30,752 | 70,588 | 55,444 | 91,345 | 67,549 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 192 | 5,221 | 5,199 | 23,515 | 26,463 | 10,499 | 9,511 | 12,175 | 28,948 | 35,072 | 43,378 | 42,540 | 53,234 | 55,696 | 69,725 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 2,500 | -48 | -1,853 | 48 | 1,966 | 181 | -558 | 610 | |||||||
| Debtors | 2,327 | -6,011 | 4,774 | -7,347 | 514 | 581 | -1,682 | 2,269 | -1,714 | -3,597 | 9,212 | -5,398 | -92 | -7,070 | 16,021 |
| Creditors | -141 | -450 | 591 | -370,887 | -39,978 | 201,714 | -30,754 | -33,060 | -80,335 | 353,300 | |||||
| Accruals and Deferred Income | -216 | 100 | 1,529 | 1 | -2,917 | -15,584 | 13,572 | -10,642 | 18,157 | ||||||
| Deferred Taxes & Provisions | 8,625 | -158 | 21 | -45,523 | 2,889 | 914 | -270 | -8,330 | 6,899 | -3,915 | 16,863 | 12,644 | 4,810 | 8,312 | 17,832 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 24,120 | 17,938 | -2,391 | -341,650 | -24,710 | 74,236 | -24,756 | -1,298 | 320,569 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -40,095 | -23,347 | -39,302 | 102,744 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,602 | 1,288 | 969 | -1,978 | 297 | 1,702 | -74 | -3,274 | 3,348 | ||||||
| overdraft | -5 | -1 | 6 | ||||||||||||
| change in cash | -1,602 | 1,288 | 969 | -1,978 | 302 | 1,702 | 1 | -6 | -74 | -3,274 | 3,348 |
ridgway aviation limited Credit Report and Business Information
Ridgway Aviation Limited Competitor Analysis
Perform a competitor analysis for ridgway aviation limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SY11 area or any other competitors across 12 key performance metrics.
ridgway aviation limited Ownership
RIDGWAY AVIATION LIMITED group structure
Ridgway Aviation Limited has no subsidiary companies.
Ultimate parent company
2 parents
RIDGWAY AVIATION LIMITED
03014804
ridgway aviation limited directors
Ridgway Aviation Limited currently has 2 directors. The longest serving directors include Mr Timothy Jones (Jan 1995) and Mr Stuart Jones (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Jones | 72 years | Jan 1995 | - | Director | |
| Mr Stuart Jones | United Kingdom | 47 years | Oct 2021 | - | Director |
P&L
April 2024turnover
1.4m
+10%
operating profit
-28.5k
0%
gross margin
66.4%
-0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
62.4k
-0.31%
total assets
130.1k
+0.03%
cash
676
-0.7%
net assets
Total assets minus all liabilities
ridgway aviation limited company details
company number
03014804
Type
Private limited with Share Capital
industry
77351 - Renting and leasing of passenger air transport equipment
incorporation date
January 1995
age
30
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
April 2024
previous names
rajair ltd. (November 2010)
united sales equipment dealers limited (October 1997)
accountant
D.R.E. & CO. (AUDIT) LIMITED
auditor
-
address
earthmover house, ridgway business park, st martins, shropshire, SY11 3PZ
Bank
-
Legal Advisor
-
ridgway aviation limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 4 charges/mortgages relating to ridgway aviation limited. Currently there are 0 open charges and 4 have been satisfied in the past.
ridgway aviation limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for RIDGWAY AVIATION LIMITED. This can take several minutes, an email will notify you when this has completed.
ridgway aviation limited Companies House Filings - See Documents
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