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Fly South Ltd

11968750

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)
  • Going concern doubt noted in accounts (-10)

Details

5, DEN ROAD, TEIGNMOUTH, TQ14 8AR
Incorporated 29/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Ms Jennifer Ann Simmons

director · Since 29/04/2019

COMPANY DIRECTOR

BRITISH,CANADIAN · ENGLAND · Age 60

Persons with Significant Control

Ms Jennifer Ann Simmons

75–100% shares
75–100% votes
Appoint directors

British,Canadian · England · Age 60

5,, Den Road, Teignmouth, TQ14 8AR

Notified 29/04/2019

CompanyRankvs 55883+ SIC 47910 peers
26

Financial strength17th percentile among SIC peers · 4/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees8/15 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.

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, how

Key FinancialsYear ending 31/03/2026

Net Worth

-£4k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£1k

Current Liabilities

£5k

1avg. employees

Tax at Year End(2023)

VAT£911

Director Loans

Company owes directors£4k

Balance Sheet

Assets less current liabilities-£4k
Signed by Ms Jennifer Simmons 6 May 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20260.27+£0
20260.27+£5k
20250.37-£5k
20240.76+£4k
20230.55£18k
20221.04£18k
20211.08£11k

Derived from filed accounts. Not audited figures.