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European Flight Training News Limited

03177150

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

1A RINGWAY TRADING ESTATE, MANCHESTER, M22 5LH
Incorporated 25/03/1996

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 25/03/2026

Due 08/04/2027

On track

Industry

58190
Other publishing activities

Officers

Mr Jeremy Michael Pratt

director · Since 10/03/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 8 other boards

Persons with Significant Control

Mr Jeremy Michael Pratt

75–100% shares

British · England · Age 63

1a, Ringway Trading Estate, Manchester, M22 5LH

Notified 06/04/2016

CompanyRankvs 5785+ SIC 58190 peers
44

Financial strength2th percentile among SIC peers · 1/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

-£170k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£166k

Working capital

Current Assets

£68k

Current Liabilities

£234k

Fixed Assets

£657

Debtors

£46k

2avg. employees

Balance Sheet

Assets less current liabilities-£165k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.29-£6k
20230.26-£11k
20220.25+£7k
20210.23-£6k
20200.25+£712
20190.24+£19k
20180.23

Derived from filed accounts. Not audited figures.