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Fly Culture Magazine Ltd

11228469

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE BARN, CREDITON, EX17 6DL
Incorporated 27/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58142
Publishing of consumer and business journals and periodicals

Officers

Mr Peter John Tyjas

director · Since 27/02/2018

FLY FISHING GUIDE

ENGLISH · UNITED KINGDOM · Age 60

CompanyRankvs 2038+ SIC 58142 peers
36

Financial strength19th percentile among SIC peers · 5/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees2/15 pts

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

Liquidity6/20 pts

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

Longevity8/15 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 28/02/2025

Net Worth

-£1k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£5k

Current Liabilities

£7k

Fixed Assets

£610

0avg. employees

Balance Sheet

Assets less current liabilities-£1k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.77+£707
20240.58-£3k
20231.03-£3k
20222.09+£500
20212.06

Derived from filed accounts. Not audited figures.