Flightshows Ltd

Flightshows Ltd, based in London, UK, is a small, active company founded just four years ago in 2020. With two employees and £44,377 in assets, it operates from a virtual address shared by over 9,000 other companies, which is a bit unusual. The company is led by three directors and has two owners, though the list of owners hasn’t been updated in four years. It’s an irregular importer, primarily bringing in electrical machinery and equipment – just one month of imports were recorded, the last in July 2023.

Flightshows Ltd specializes in drone light shows, as evidenced by its website. It positions itself as a leader in the UK and Europe, offering bespoke performances for corporate events, festivals, and personal celebrations. The company boasts access to over 5,000 drones and emphasizes its commitment to sustainability, being the UK’s only CarbonNeutral drone show company. The website highlights the company's theatrical background and expertise in live events, suggesting a focus on creating engaging and memorable experiences.

Financially, Flightshows Ltd presents a mixed picture. Cash bank on hand has increased dramatically by 2900%, reaching £33,000, which is a positive sign. However, retained earnings and accumulated losses have deepened, with net assets decreasing by 26% to -£35,000. Creditors have risen by 14% to £76,000, and trade debtors have fallen by 11% to £11,000. The company’s small size (meeting two of three criteria for being a small company) helps it remain flexible, but the declining equity is something to keep an eye on. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Flightshows Ltd seems to be a dynamic company with a unique offering, but its financial health is a little uncertain. The rapid growth in cash is encouraging, but the company will need to manage its liabilities and continue to generate revenue to ensure long-term sustainability.

Registered in England/Wales under the registration number 13107300, with a registered address at EC1V 2NX, England, London, 124 City Road.

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