Shoreham Flying Club Limited
07643494
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 23/05/2026
Due 06/06/2027
Industry
Officers
director · Since 23/05/2011
BUSINESS CONSULTANT
BRITISH · UNITED KINGDOM · Age 75
Also on 3 other boards
director · Since 01/07/2011
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 2 other boards
director · Since 28/08/2020
MANAGEMENT CONSULTANT
BRITISH · ENGLAND · Age 53
Also on 2 other boards
Former
director · Resigned 10/04/2026
director · Resigned 01/06/2026
Persons with Significant Control
Mr Timothy Harry
British · England · Age 50
Hailsham Accountants, Market Street, Hailsham, BN27 2AE
Notified 30/06/2016
Former PSCs
Mr Barrie Roger Coren
Ceased 01/06/2026
Mr Hugh Bain
Ceased 01/05/2026
Change History
Active
Private Limited Company
LOWER LODGE HOUSE
BILLINGSHURST
RH14 9BE
CompanyRankvs 5723+ SIC 93120 peers26
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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
Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Turnover Turnover is recognised at the fair value of the consideration receivable for services provided in the normal c
Key FinancialsYear ending 31/03/2025
Net Worth
-£38k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
-£38k
Working capital
Current Assets
£9k
Current Liabilities
£47k
Fixed Assets
£260
Debtors
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.20 | -£36k |
| 2024 | 1.06 | -£20k |
| 2023 | 0.75 | — |
| 2022 | 1.19 | — |
| 2021 | 1.35 | — |
Derived from filed accounts. Not audited figures.