Flight Precision Ltd

Flight Precision Ltd, based in Wallasey, UK, is a small, active company established eleven years ago. With two employees and £889,655 in assets, it operates from a real address and is led by a single director and owner, Yashin Alexey. The company’s primary focus is non-scheduled passenger air transport, but it also offers flight inspection, validation, aerial photography, and aircraft document services—as highlighted on its website. It’s an irregular importer, bringing in optical and medical tools and devices, with the last import recorded over two years ago in July 2022.

The company’s website details a range of services catering to the aviation industry. Flight Inspection services utilize a fully automatic system, while Flight Validation offers support for various procedures. Aerial photography and aircraft document services round out the offerings, and a “Coming Soon…” section hints at future UAV-based flight inspection capabilities. The site’s professional design and clear service descriptions suggest a focus on quality and customer satisfaction.

Financially, Flight Precision Ltd presents a mixed picture. Cash reserves have significantly declined by 64%, falling to £92,000, which could indicate reinvestment in the business or increased operating expenses. Bank borrowings have also decreased, with overdrafts dropping by 42%, suggesting improved cash flow management. However, creditors have decreased by 5.8%, and trade debtors have increased by 21%, which could be a cause for concern. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity—a 150% decrease—raises questions about its long-term financial stability. There’s no mention of an auditor, likely due to its status as a small company, meaning the figures are unaudited.

Registered in England/Wales under the registration number 08977861, with a registered address at CH45 3LR, United Kingdom, Wallasey, Merseyside, 259 Wallasey Village Wallasey Village.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.