Surface To Air Ltd

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surface to air ltd Company Information

Live

MatureSmallRapid

Company Number

05302392

Next Accounts

Jun 2025

Industry

Other business support service activities n.e.c.

Directors

Holly Porter

Shareholders

holly anne porter

Group Structure

View All

Contact

Registered Address

124 city road, london, EC1V 2NX

Website

www.surface-to-air.com

surface to air ltd Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of SURFACE TO AIR LTD at £2.6m based on an EBITDA of £640.5k and a 4.09x industry multiple (adjusted for size and gross margin).

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Surface To Air Ltd is a live company located in london, EC1V 2NX with a Companies House number of 05302392. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2004, it's largest shareholder is holly anne porter with a 100% stake. Surface To Air Ltd is a mature, small sized company, Pomanda has estimated its turnover at £3m with rapid growth in recent years.

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Pomanda's financial health check has awarded Surface To Air Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

2 Strong

4 Regular

5 Weak

Size

annual sales of £3m, make it smaller than the average company (£3.9m)

Growth

3 year (CAGR) sales growth of 155%, show it is growing at a faster rate (5.3%)

EXPORT

Surface To Air Ltd's latest turnover from September 2023 is estimated at £3 million and the company has net assets of -£49.6 thousand. According to their latest financial statements, we estimate that Surface To Air Ltd has 20 employees and maintains cash reserves of £389 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	2,991,381	98,991	63,137	181,096	1,106,802	938,753	1,452,548	1,424,233	1,412,143	1,731,009	1,793,594	231,715	244,290	888,431
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,860,309	61,310	39,810	113,252	694,439	587,567	886,863	887,281	893,819	1,102,066	1,136,067	142,833	146,645	529,813
Gross Profit	1,131,072	37,682	23,327	67,843	412,363	351,185	565,685	536,952	518,324	628,943	657,527	88,882	97,645	358,618
Admin Expenses	491,072	59,788	40,728	241,506	970,927	355,911	563,385	503,502	437,916	555,610	592,360	202,394	135,818	46,438
Operating Profit	640,000	-22,106	-17,401	-173,663	-558,564	-4,726	2,300	33,450	80,408	73,333	65,167	-113,512	-38,173	312,180
Interest Payable	5,237	6,058	6,191	5,603	4,429	1,706	0	0	0	0	0	0	0	0
Interest Receivable	26	8	0	1	72	236	107	375	491	285	284	739	958	433
Pre-Tax Profit	634,789	-28,157	-23,592	-179,264	-562,921	-6,196	2,406	33,825	80,899	73,618	65,451	-112,773	-37,215	312,614
Tax	-158,697	0	0	0	0	0	-481	-6,765	-16,989	-16,932	-15,708	0	0	-87,532
Profit After Tax	476,092	-28,157	-23,592	-179,264	-562,921	-6,196	1,925	27,060	63,910	56,686	49,743	-112,773	-37,215	225,082
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	476,092	-28,157	-23,592	-179,264	-562,921	-6,196	1,925	27,060	63,910	56,686	49,743	-112,773	-37,215	225,082
Employee Costs	972,556	45,865	43,105	83,854	249,740	353,882	639,787	570,552	462,359	493,833	521,672	69,382	102,754	247,132
Number Of Employees	20	1	1	2	6	9	18	16	13	14	15	2	3	7
EBITDA*	640,522	-20,724	-13,825	-170,086	-554,222	9,208	17,159	50,151	97,583	89,841	73,291	-108,074	-36,800	313,296

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	0	0	1,252	4,698	6,645	3,454	13,096	21,372	14,331	27,946	14,258	14,247	3,006	3,248
Intangible Assets	0	522	652	782	912	1,042	1,172	1,258	1,344	1,430	1,516	1,602	1,688	1,774
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	0	522	1,904	5,480	7,557	4,496	14,268	22,630	15,675	29,376	15,774	15,849	4,694	5,022
Stock & work in progress	0	0	0	0	0	477,000	237,179	111,409	67,912	43,668	36,957	8,203	0	80,333
Trade Debtors	573,600	0	4,449	17,999	237,651	88,455	162,436	212,565	242,596	245,369	282,810	26,792	27,075	117,909
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	80,825	80,824	150,895	104,069	68,735	46,485	35,666	85,759	34,932	0	0	0	0	0
Cash	389	600	69	70	2,224	17,016	45,973	39,363	110,554	85,923	27,966	85,707	209,712	173,396
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	654,814	81,424	155,413	122,138	308,610	628,956	481,254	449,096	455,994	374,960	347,733	120,702	236,787	371,638
total assets	654,814	81,946	157,317	127,618	316,167	633,452	495,522	471,726	471,669	404,336	363,507	136,551	241,481	376,660
Bank overdraft	6,182	6,621	57,233	53,007	80,683	50,551	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	1	15,560	15,560	16,942	25,164	22,191	92,679	30,141	42,168	219,629	167,126	44,688	45,660	151,574
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	658,230	545,195	539,341	481,628	505,015	292,484	128,421	165,854	182,474	0	0	0	0	0
total current liabilities	664,413	567,376	612,134	551,577	610,862	365,226	221,100	195,995	224,642	219,629	167,126	44,688	45,660	151,574
loans	40,017	40,278	42,734	50,000	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	7,636	10,405	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	3,234	1,590	3,180	63,904	6,360	7,950	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	40,017	40,278	42,734	50,000	0	0	0	3,234	1,590	3,180	71,540	16,765	7,950	0
total liabilities	704,430	607,654	654,868	601,577	610,862	365,226	221,100	199,229	226,232	222,809	238,666	61,453	53,610	151,574
net assets	-49,616	-525,708	-497,551	-473,959	-294,695	268,226	274,422	272,497	245,437	181,527	124,841	75,098	187,871	225,086
total shareholders funds	-49,616	-525,708	-497,551	-473,959	-294,695	268,226	274,422	272,497	245,437	181,527	124,841	75,098	187,871	225,086

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	640,000	-22,106	-17,401	-173,663	-558,564	-4,726	2,300	33,450	80,408	73,333	65,167	-113,512	-38,173	312,180
Depreciation	0	1,252	3,446	3,447	4,212	13,934	14,773	16,615	17,175	16,422	8,038	5,352	1,287	1,030
Amortisation	522	130	130	130	130	0	86	86	0	86	86	86	86	86
Tax	-158,697	0	0	0	0	0	-481	-6,765	-16,989	-16,932	-15,708	0	0	-87,532
Stock	0	0	0	0	-477,000	239,821	125,770	43,497	24,244	6,711	28,754	8,203	-80,333	80,333
Debtors	573,601	-74,520	33,276	-184,318	171,446	-63,162	-100,222	20,796	32,159	-37,441	256,018	-283	-90,834	117,909
Creditors	-15,559	0	-1,382	-8,222	2,973	-70,488	62,538	-12,027	-177,461	52,503	122,438	-972	-105,914	151,574
Accruals and Deferred Income	113,035	5,854	57,713	-23,387	212,531	164,063	-37,433	-16,620	182,474	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	5,700	59,650	9,230	-17,377	-33,164	-73,876	16,235	-49,554	29,204	156,142	-104,751	-116,966	28,453	179,096
Investing Activities
capital expenditure	0	0	0	-1,500	-7,403	-4,162	-6,497	-23,656	-3,474	-30,110	-8,049	-16,593	-1,045	-6,138
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	-1,500	-7,403	-4,162	-6,497	-23,656	-3,474	-30,110	-8,049	-16,593	-1,045	-6,138
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-261	-2,456	-7,266	50,000	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	-7,636	-2,769	10,405	0	0
other long term liabilities	0	0	0	0	0	0	-3,234	1,644	-1,590	-60,724	57,544	-1,590	7,950	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	4
interest	-5,211	-6,050	-6,191	-5,602	-4,357	-1,470	107	375	491	285	284	739	958	433
cash flow from financing	-5,472	-8,506	-13,457	44,398	-4,357	-1,470	-3,127	2,019	-1,099	-68,075	55,059	9,554	8,908	437
cash and cash equivalents
cash	-211	531	-1	-2,154	-14,792	-28,957	6,610	-71,191	24,631	57,957	-57,741	-124,005	36,316	173,396
overdraft	-439	-50,612	4,226	-27,676	30,132	50,551	0	0	0	0	0	0	0	0
change in cash	228	51,143	-4,227	25,522	-44,924	-79,508	6,610	-71,191	24,631	57,957	-57,741	-124,005	36,316	173,396

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for surface to air ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC1V area or any other competitors across 12 key performance metrics.

SURFACE TO AIR LTD group structure

Surface To Air Ltd has no subsidiary companies.

Ultimate parent company

SURFACE TO AIR LTD

05302392

SURFACE TO AIR LTD Shareholders

holly anne porter

100%

Surface To Air Ltd currently has 1 director, Dr Holly Porter serving since Dec 2004.

officer	country	age	start	end	role
Dr Holly Porter		46 years	Dec 2004	-	Director

P&L

September 2023

turnover

+2922%

operating profit

640k

gross margin

37.9%

-0.67%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

-49.6k

-0.91%

total assets

654.8k

+6.99%

cash

389

-0.35%

net assets

Total assets minus all liabilities

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company number

05302392

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

December 2004

ultimate parent company

None

previous names

N/A

address

124 city road, london, EC1V 2NX

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 1 charges/mortgages relating to surface to air ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

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surface to air ltd Company Information

surface to air ltd Estimated Valuation

surface to air ltd Estimated Valuation

surface to air ltd Estimated Valuation

Surface To Air Ltd Overview

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SURFACE TO AIR LTD financials

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