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Flying Formations Limited

07597026

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 12 CHESS BUSINESS PARK, CHESHAM, HP5 1SD
Incorporated 08/04/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management

Officers

Mr Hammad Akhtar

director · Since 29/08/2011

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Qadeer Ali Raja

director · Since 01/09/2012

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 6 other boards

Persons with Significant Control

Mr Qadeer Ali Raja

25–50% shares

British · England · Age 40

Unit 12 Chess Business Park, Moor Road, Chesham, HP5 1SD

Notified 06/04/2016

Mr Hammad Akhtar

25–50% shares

British · England · Age 39

Unit 12 Chess Business Park, Moor Road, Chesham, HP5 1SD

Notified 20/12/2017

Former PSCs

Mr Hammad Akhtar

Ceased 06/12/2016

CompanyRankvs 4199+ SIC 70221 peers
63

Financial strength38th percentile among SIC peers · 10/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.09× · 12/20
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 strength10/25 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.

Liquidity12/20 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 31/12/2024

Net Worth

£173

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£28k

Current Liabilities

£25k

Debtors

£16k

2avg. employees

Tax at Year End

Corp tax£1k

Balance Sheet

Assets less current liabilities£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.09
20231.22
20221.25
20211.50-£7
20201.02-£2k
20191.30

Derived from filed accounts. Not audited figures.