flight services management limited

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flight services management limited Company Information

Share FLIGHT SERVICES MANAGEMENT LIMITED

Company Number

10609654

Directors

Karen Haylock

Shareholders

karen louise haylock

Group Structure

View All

Industry

Management of real estate on a fee or contract basis

 

Registered Address

blue house farm office, brentwood road, west horndon, essex, CM13 3LX

Website

-

flight services management limited Estimated Valuation

£389.2k

Pomanda estimates the enterprise value of FLIGHT SERVICES MANAGEMENT LIMITED at £389.2k based on a Turnover of £141.7k and 2.75x industry multiple (adjusted for size and gross margin).

flight services management limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FLIGHT SERVICES MANAGEMENT LIMITED at £0 based on an EBITDA of £-30.4k and a 7.24x industry multiple (adjusted for size and gross margin).

flight services management limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FLIGHT SERVICES MANAGEMENT LIMITED at £0 based on Net Assets of £-48.1k and 1.82x industry multiple (adjusted for liquidity).

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Flight Services Management Limited Overview

Flight Services Management Limited is a live company located in west horndon, CM13 3LX with a Companies House number of 10609654. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in February 2017, it's largest shareholder is karen louise haylock with a 100% stake. Flight Services Management Limited is a young, micro sized company, Pomanda has estimated its turnover at £141.7k with declining growth in recent years.

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Flight Services Management Limited Health Check

Pomanda's financial health check has awarded Flight Services Management Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £141.7k, make it smaller than the average company (£358.3k)

£141.7k - Flight Services Management Limited

£358.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (4.5%)

-10% - Flight Services Management Limited

4.5% - Industry AVG

production

Production

with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)

68.9% - Flight Services Management Limited

68.9% - Industry AVG

profitability

Profitability

an operating margin of -21.5% make it less profitable than the average company (6.6%)

-21.5% - Flight Services Management Limited

6.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (7)

2 - Flight Services Management Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)

£42.6k - Flight Services Management Limited

£42.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £70.8k, this is less efficient (£103.4k)

£70.8k - Flight Services Management Limited

£103.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is near the average (49 days)

59 days - Flight Services Management Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 216 days, this is slower than average (30 days)

216 days - Flight Services Management Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Flight Services Management Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (46 weeks)

14 weeks - Flight Services Management Limited

46 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 142.7%, this is a higher level of debt than the average (57.5%)

142.7% - Flight Services Management Limited

57.5% - Industry AVG

FLIGHT SERVICES MANAGEMENT LIMITED financials

EXPORTms excel logo

Flight Services Management Limited's latest turnover from December 2023 is estimated at £141.7 thousand and the company has net assets of -£48.1 thousand. According to their latest financial statements, we estimate that Flight Services Management Limited has 2 employees and maintains cash reserves of £42.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover141,683209,222240,593194,989200,509182,578179,675
Other Income Or Grants
Cost Of Sales44,11355,55365,61348,86138,33137,94235,922
Gross Profit97,569153,669174,980146,128162,178144,637143,753
Admin Expenses128,007177,030168,631150,516152,216151,685136,588
Operating Profit-30,438-23,3616,349-4,3889,962-7,0487,165
Interest Payable1,5532,0012,3671,525
Interest Receivable2,2282,2111703916918978
Pre-Tax Profit-29,763-23,1514,152-5,87410,131-6,8597,243
Tax-789-1,925-1,376
Profit After Tax-29,763-23,1513,363-5,8748,206-6,8595,867
Dividends Paid
Retained Profit-29,763-23,1513,363-5,8748,206-6,8595,867
Employee Costs85,161168,349153,362145,970181,438138,991129,020
Number Of Employees2444544
EBITDA*-30,362-23,2856,447-4,29010,084-6,9267,377

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets45,09545,171247345443565638
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets45,09545,171247345443565638
Stock & work in progress
Trade Debtors23,10832,98933,85330,96021,33623,21424,780
Group Debtors
Misc Debtors1,9824,8081,9821,7641,249298
Cash42,43842,43883,91852,06025,82219,33631,108
misc current assets1
total current assets67,52880,235119,75383,02048,92243,80056,186
total assets112,623125,406120,00083,36549,36544,36556,824
Bank overdraft
Bank loan
Trade Creditors 26,20714,72051,97214,60020,97824,34926,548
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities123,296112,65437,48217,32521,07320,90824,309
total current liabilities149,503127,37489,45431,92542,05145,25750,857
loans11,23116,38025,74350,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities11,23116,38025,74350,000
total liabilities160,734143,754115,19781,92542,05145,25750,857
net assets-48,111-18,3484,8031,4407,314-8925,967
total shareholders funds-48,111-18,3484,8031,4407,314-8925,967
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit-30,438-23,3616,349-4,3889,962-7,0487,165
Depreciation76769898122122212
Amortisation
Tax-789-1,925-1,376
Stock
Debtors-12,7071,9624,8757,860-1,363-61525,078
Creditors11,487-37,25237,372-6,378-3,371-2,19926,548
Accruals and Deferred Income10,64275,17220,157-3,748165-3,40124,309
Deferred Taxes & Provisions
Cash flow from operations4,47412,67358,312-22,2766,316-11,91131,780
Investing Activities
capital expenditure-45,000-49-850
Change in Investments
cash flow from investments-45,000-49-850
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-5,149-9,363-24,25750,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest675210-2,197-1,48616918978
cash flow from financing-4,474-9,153-26,45448,514169189178
cash and cash equivalents
cash-41,48031,85826,2386,486-11,77231,108
overdraft
change in cash-41,48031,85826,2386,486-11,77231,108

flight services management limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Flight Services Management Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for flight services management limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CM13 area or any other competitors across 12 key performance metrics.

flight services management limited Ownership

FLIGHT SERVICES MANAGEMENT LIMITED group structure

Flight Services Management Limited has no subsidiary companies.

Ultimate parent company

FLIGHT SERVICES MANAGEMENT LIMITED

10609654

FLIGHT SERVICES MANAGEMENT LIMITED Shareholders

karen louise haylock 100%

flight services management limited directors

Flight Services Management Limited currently has 1 director, Mrs Karen Haylock serving since Feb 2017.

officercountryagestartendrole
Mrs Karen HaylockUnited Kingdom66 years Feb 2017- Director

P&L

December 2023

turnover

141.7k

-32%

operating profit

-30.4k

0%

gross margin

68.9%

-6.24%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-48.1k

+1.62%

total assets

112.6k

-0.1%

cash

42.4k

0%

net assets

Total assets minus all liabilities

flight services management limited company details

company number

10609654

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

February 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

THE RANDALL'S PARTNERSHIP LTD

auditor

-

address

blue house farm office, brentwood road, west horndon, essex, CM13 3LX

Bank

-

Legal Advisor

-

flight services management limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 2 charges/mortgages relating to flight services management limited. Currently there are 2 open charges and 0 have been satisfied in the past.

flight services management limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for FLIGHT SERVICES MANAGEMENT LIMITED. This can take several minutes, an email will notify you when this has completed.

flight services management limited Companies House Filings - See Documents

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