Flyform Ltd
09735009
Healthy
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 15/08/2025
Due 29/08/2026
Industry
Officers
director · Since 16/08/2015
DIRECTOR
BRITISH · WALES · Age 42
Also on 1 other board
Persons with Significant Control
Flyform Group Limited
Capital Tower, Greyfriars Road, Cardiff, CF10 3AG
Reg: 13684591 · Companies House · Ltd
Notified 13/09/2022
Former PSCs
Mr Arron Mark Davies
Ceased 01/04/2017
Mr Philip John Evan Davies
Ceased 13/09/2022
Charges3 outstanding
DBW INVESTMENTS (3) LIMITED
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 9138+ SIC 62020 peers58
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw your attention to Note 1 in the financial statements. Note 1 sets out the steps that the directors have taken to assess the future financial performance of the company and indica
Key FinancialsYear ending 31/12/2024
Turnover
£11.7M
Annual revenue
Net Worth
£716k
Balance sheet strength
Cash
£861k
Cash in the bank
Profit Before Tax
£503k
Bottom line earnings
Net Current Assets
£1.1M
Working capital
Current Assets
£3.7M
Current Liabilities
£2.6M
Fixed Assets
£150k
Debtors
£2.8M
Cost of Sales
£7.9M
Gross Profit
£3.9M
Admin Expenses
£3.3M
Operating Profit
£581k
Profit After Tax
£368k
Tax at Year End
Director Loans
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.40 | +£0 | £4.0M |
| 2024 | 1.40 | +£137k | £4.0M |
| 2023 | 1.39 | -£342k | — |
| 2021 | 1.48 | +£250k | — |
| 2020 | 1.60 | — | — |
| 2019 | 1.92 | — | — |
| 2018 | 1.17 | — | — |
Derived from filed accounts. Not audited figures.