flyway technologies limited
flyway technologies limited Company Information
Company Number
13839926
Next Accounts
Oct 2025
Shareholders
flyway technologies inc
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
c/o praxis 1 poultry, london, EC2R 8EJ
Website
-flyway technologies limited Estimated Valuation
Pomanda estimates the enterprise value of FLYWAY TECHNOLOGIES LIMITED at £119.1k based on a Turnover of £164.2k and 0.73x industry multiple (adjusted for size and gross margin).
flyway technologies limited Estimated Valuation
Pomanda estimates the enterprise value of FLYWAY TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-32.3k and a 4.94x industry multiple (adjusted for size and gross margin).
flyway technologies limited Estimated Valuation
Pomanda estimates the enterprise value of FLYWAY TECHNOLOGIES LIMITED at £0 based on Net Assets of £-371.2k and 2.25x industry multiple (adjusted for liquidity).
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Flyway Technologies Limited Overview
Flyway Technologies Limited is a live company located in london, EC2R 8EJ with a Companies House number of 13839926. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 2022, it's largest shareholder is flyway technologies inc with a 100% stake. Flyway Technologies Limited is a startup, micro sized company, Pomanda has estimated its turnover at £164.2k with unknown growth in recent years.
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Flyway Technologies Limited Health Check
Pomanda's financial health check has awarded Flyway Technologies Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £164.2k, make it smaller than the average company (£7.3m)
- Flyway Technologies Limited
£7.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Flyway Technologies Limited
- - Industry AVG
Production
with a gross margin of 50.5%, this company has a comparable cost of product (50.5%)
- Flyway Technologies Limited
50.5% - Industry AVG
Profitability
an operating margin of -19.7% make it less profitable than the average company (3.9%)
- Flyway Technologies Limited
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
1 - Flyway Technologies Limited
42 - Industry AVG
Pay Structure
on an average salary of £73.6k, the company has an equivalent pay structure (£73.6k)
- Flyway Technologies Limited
£73.6k - Industry AVG
Efficiency
resulting in sales per employee of £164.2k, this is equally as efficient (£175.8k)
- Flyway Technologies Limited
£175.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Flyway Technologies Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 119 days, this is slower than average (34 days)
- Flyway Technologies Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Flyway Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Flyway Technologies Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 185.7%, this is a higher level of debt than the average (64%)
185.7% - Flyway Technologies Limited
64% - Industry AVG
FLYWAY TECHNOLOGIES LIMITED financials
Flyway Technologies Limited's latest turnover from January 2024 is estimated at £164.2 thousand and the company has net assets of -£371.2 thousand. According to their latest financial statements, Flyway Technologies Limited has 1 employee and maintains cash reserves of £2.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | |
|---|---|---|
| Turnover | ||
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | ||
| Interest Receivable | ||
| Pre-Tax Profit | ||
| Tax | ||
| Profit After Tax | ||
| Dividends Paid | ||
| Retained Profit | ||
| Employee Costs | ||
| Number Of Employees | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | 10,381 | 10,381 |
| Total Fixed Assets | 10,381 | 10,381 |
| Stock & work in progress | ||
| Trade Debtors | ||
| Group Debtors | ||
| Misc Debtors | 420,609 | 167,745 |
| Cash | 2,320 | 5,986 |
| misc current assets | ||
| total current assets | 422,929 | 173,731 |
| total assets | 433,310 | 184,112 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 26,628 | 2,388 |
| Group/Directors Accounts | 425,688 | 168,970 |
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 352,196 | 351,896 |
| total current liabilities | 804,512 | 523,254 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 804,512 | 523,254 |
| net assets | -371,202 | -339,142 |
| total shareholders funds | -371,202 | -339,142 |
| Jan 2024 | Jan 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 252,864 | 178,126 |
| Creditors | 24,240 | 2,388 |
| Accruals and Deferred Income | 300 | 351,896 |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | 256,718 | 168,970 |
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -3,666 | 5,986 |
| overdraft | ||
| change in cash | -3,666 | 5,986 |
flyway technologies limited Credit Report and Business Information
Flyway Technologies Limited Competitor Analysis
Perform a competitor analysis for flyway technologies limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC2R area or any other competitors across 12 key performance metrics.
flyway technologies limited Ownership
FLYWAY TECHNOLOGIES LIMITED group structure
Flyway Technologies Limited has no subsidiary companies.
Ultimate parent company
FLYWAY TECHNOLOGIES INC
#0143346
1 parent
FLYWAY TECHNOLOGIES LIMITED
13839926
flyway technologies limited directors
Flyway Technologies Limited currently has 2 directors. The longest serving directors include Mr Nikolaos Drandakis (Jan 2022) and Mr Nikolaos Drandakis (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nikolaos Drandakis | United Kingdom | 61 years | Jan 2022 | - | Director |
| Mr Nikolaos Drandakis | United Kingdom | 61 years | Jan 2022 | - | Director |
P&L
January 2024turnover
164.2k
+39%
operating profit
-32.3k
0%
gross margin
50.6%
-2.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-371.2k
+0.09%
total assets
433.3k
+1.35%
cash
2.3k
-0.61%
net assets
Total assets minus all liabilities
Similar Companies
flyway technologies limited company details
company number
13839926
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
January 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
c/o praxis 1 poultry, london, EC2R 8EJ
Bank
-
Legal Advisor
-
flyway technologies 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 did not find charges/mortgages relating to flyway technologies limited.
flyway technologies 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 FLYWAY TECHNOLOGIES LIMITED. This can take several minutes, an email will notify you when this has completed.
flyway technologies limited Companies House Filings - See Documents
| date | description | view/download |
|---|
