Flightsafety International U.K. Limited
03124686
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 10/11/2025
Due 24/11/2026
Industry
Officers
secretary · Since 13/06/2022
director · Since 21/09/2023
BUSINESS EXECUTIVE
AMERICAN · UNITED STATES · Age 52
director · Since 24/02/2025
CHIEF FINANCIAL OFFICER
AMERICAN · UNITED STATES · Age 43
Also on 1 other board
director · Since 01/09/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 1 other board
director · Since 31/12/2025
AMERICAN · UNITED STATES · Age 55
Also on 1 other board
Persons with Significant Control
Berkshire Hathaway, Inc
3555, Farnam Street, Omaha, 68131
Reg: 2908471 · Delaware · Corporate
Notified 01/04/2019
Former PSCs
Flightsafety International Inc.
Ceased 01/04/2019
CompanyRankvs 1530+ SIC 96090 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£29.7M
Annual revenue
Net Worth
£45.9M
Balance sheet strength
Cash
£13.6M
Cash in the bank
Profit Before Tax
£5.1M
Bottom line earnings
Net Current Assets
£19.0M
Working capital
Current Assets
£24.9M
Current Liabilities
£6.0M
Fixed Assets
£28.7M
Debtors
£5.8M
Cost of Sales
£3.0M
Gross Profit
£26.7M
Admin Expenses
£26.7M
Operating Profit
£4.6M
Profit After Tax
£4.9M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.18 | +£4.9M |
| 2023 | 6.52 | +£13.0M |
| 2021 | 2.13 | +£6.0M |
| 2020 | 2.37 | -£15.6M |
| 2019 | 5.51 | +£3.1M |
| 2018 | 3.65 | — |
Derived from filed accounts. Not audited figures.