Fly About Aviation Limited

Fly About Aviation Ltd, based in Beccles, UK, is a small, active company founded twelve years ago in 2012. With a single employee and £525,775 in assets, it operates from a real address and is led by one director and two owners. Google reviews give it a perfect 5.0 rating based on two reviews. The company is a regular importer, specializing in aircraft, spacecraft, and their parts, with recent activity recorded just last month.

The company's website highlights its role as a UK and Eire distributor for Pipistrel Aircraft. It actively promotes test flights and caters to flight schools looking to modernize their fleets. The site details a range of aircraft, including the Alpha 525, VSW127, and Sinus models, each with unique features and capabilities—from microlights perfect for student pilots to versatile aircraft suitable for gliding and powered flight. The website has a nice, clean design and is easy to navigate.

Financially, Fly About Aviation Ltd presents a mixed picture. While current assets increased by 15% to £530,000, equity plummeted 110% to -£4,900—a concerning trend. Bank borrowings jumped 210% to £150,000, and cash reserves decreased by 24% to £49,000. Trade debtors surged by 1500%, which could indicate difficulties in collecting payments. Creditors increased by 170%, suggesting a reliance on credit from suppliers. 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 significant equity decline warrants attention. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, Fly About Aviation Ltd seems to be facing some financial pressures despite its strong Google rating and active import business. The company’s reliance on Pipistrel Aircraft and its focus on flight schools may provide a stable foundation, but managing its debt and improving its equity position will be crucial for long-term success.

Registered in England/Wales under the registration number 08340517, with a registered address at NR34 8HJ, England, Beccles, Aviation House Church Farm, Shipmeadow.

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