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Cheaper Fly Ltd

15028989

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

MONOMARK HOUSE, LONDON, WC1N 3AX
Incorporated 25/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

79110
Travel agency activities

Officers

Mr Aqib Chaudhry

director · Since 25/07/2023

SELF EMPLOYED

BRITISH · SCOTLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Aqib Chaudhry

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

British · Scotland · Age 40

Monomark House, 27 Old Gloucester Street, London, WC1N 3AX

Notified 25/07/2023

CompanyRankvs 10440+ SIC 79110 peers
23

Financial strength12th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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10440Cheaper Fly Ltd
22
How is this score calculated?
Financial strength3/25 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.

Longevity3/15 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 31/07/2024

Net Worth

-£10k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£3k

Current Liabilities

£13k

Balance Sheet

Assets less current liabilities-£10k
Signed by Mr Aqib Chaudhry 18th June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.25

Derived from filed accounts. Not audited figures.