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Ifly Electric Uk Ltd

11897913

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

DAMYNS HALL AERODROME, UPMINSTER, RM14 2TN
Incorporated 21/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33160
Repair and maintenance of aircraft and spacecraft
46140
Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Officers

Mr Deepak Bapusaheb Mahajan

director · Since 21/03/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Persons with Significant Control

Ifly Europe Limited

50–75% shares
50–75% votes

Karaiskaki, 19, Roussos Building, Agia Triada, 3032

Reg: 334538 · Department Of Registrar Of Companies And Official Receiver · Limited Company

Notified 10/12/2019

Fly About Aviation Limited

25–50% shares
25–50% votes

The Hangar, Church Farm, The Hill, Beccles, NR34 8HJ

Reg: 08340517 · England And Wales · Limited Company

Notified 10/12/2019

Former PSCs

Mr Deepak Bapusaheb Mahajan

Ceased 10/12/2019

Mr Sergey Grachev

Ceased 10/12/2019

CompanyRankvs 1771+ SIC 33160 peers
25

Financial strength3th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 pts

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

Liquidity2/20 pts

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

Longevity7/15 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 31/03/2024

Net Worth

-£33k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£2k

Current Liabilities

£49k

Fixed Assets

£14k

Balance Sheet

Assets less current liabilities-£32k
Signed by Mr Deepak Mahajan 28/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05-£6k
20230.05-£6k
20224.52-£12k
202112.85-£12k
20201.01

Derived from filed accounts. Not audited figures.