Flight Register Limited
05769085
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael James Higgins
British · United Kingdom · Age 70
7, Jacob's Yard, Chipping Norton, OX7 7BY
Notified 06/04/2016
CompanyRankvs 37411+ SIC 62012 peers28
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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
financial position, projected cash flows, and available funding sources in assessing its ability to continue as a going concern. 2 FLIGHT REGISTER LIMITED Registered number: 05769085 Balance Sheet As At 31 March 2026 Director's confirmations For the year ending 31 March 2026 , the Company was entitled to exemption from
Key FinancialsYear ending 31/03/2026
Net Worth
-£2.0M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£62k
Working capital
Current Assets
£77k
Current Liabilities
£2.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 0.04 | -£431k |
| 2025 | 4.98 | -£340k |
| 2024 | 0.04 | -£367k |
| 2023 | 0.07 | — |
Derived from filed accounts. Not audited figures.