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Flyway Technologies Limited

13839926

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

C/O PRAXIS, LONDON, EC2R 8EJ
Incorporated 11/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Nikolaos Drandakis

director · Since 11/01/2022

DIRECTOR

GREEK · GREECE · Age 63

Also on 5 other boards

Persons with Significant Control

Flyway Technologies, Inc

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

651, N Broad St, Suite 206, Middletown

Reg: 4644901 · Delaware Company Register · Incorporated Company

Notified 11/01/2022

CompanyRankvs 55330+ SIC 62090 peers
32

Financial strength2th percentile among SIC peers · 1/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity4 years trading (max 15) · 4/15
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.

Employees6/15 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.

Longevity4/15 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 31/01/2025

Net Worth

-£373k

Balance sheet strength

Cash

£689

Cash in the bank

Net Current Assets

-£373k

Working capital

Current Assets

£475k

Current Liabilities

£849k

Debtors

£475k

1avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£2k
20240.54-£32k
20230.35

Derived from filed accounts. Not audited figures.