VENTHUM LIMITED
Company number 02799272 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
Venthum Limited (formerly Specialist Aviation Services Group) represents a distressed asset situation in the UK specialist aviation sector, with the holding company in formal liquidation after 30+ years of trading. The underlying group possessed strategically valuable capabilities—police and air ambulance contracts, CAA-regulated operations, helicopter assets, and European infrastructure—but chronic liquidity stress and balance sheet deterioration (net assets declining from £16.7M to £10.3M over three years) has eliminated the possibility of continued independent operation. Value preservation now depends entirely on the quality of the liquidation process and whether the operating subsidiaries' contracts, personnel, and regulatory approvals can be transferred intact to a capable acquirer.
Shareholders' funds
£10,318
Balance sheet as at 2022-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1993-03-12
- Registered office
- C/O Rsm Uk Restructuring Advisory Llp, 25 Farringdon Street, London, EC4A 4AB
- Postcode
- EC4A 4AB
- Capital
- 6,373,083 GBP
- Accounts category
- Group
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2022-12-31
- Next due by
- 2024-09-30 Overdue
- Financial year end
- 30 December
Confirmation statement
- Last statement dated
- 2023-04-26
- Next due by
- 2024-05-10 Overdue
Nature of business (SIC)
- 51102 Non-scheduled passenger air transport
Officers 2 current · 34 resigned
Group structure 3 subsidiaries
-
MEDICAL AVIATION SERVICES LIMITED Dissolved
-
POLICE AVIATION SERVICES LIMITED Dissolved
-
SPECIALIST AVIATION SERVICES LIMITED Liquidation
From persons-with-significant-control filings on the public register.
Contact details
Previous company names
| Name | Date changed |
|---|---|
| SPECIALIST AVIATION SERVICES GROUP LIMITED | 2024-05-09 |
| SPECIALIST AVIATION SERVICES LIMITED | 2015-06-01 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 35 BASINGHALL STREET, LONDON, EC2V 5DE | 2000-03-20 |
| BOURNEMOUTH INTL AIRPORT, CHRISTCHURCH, DORSET BH23 6NW | 1999-05-13 |
| 17 ORCHARD GARDENS, TEIGNMOUTH, DEVON, TQ14 8DS | 1998-01-25 |
The class of 1993
49%
of the 25,070 companies incorporated in 1993 are still active today; 48% have since been dissolved.
A fact about the year, not a forecast for this company.