FLYING TIME LIMITED
Company number 05781356 · Monitor this company
Executive summary
Flying Time Limited operated as a mid-tier, asset-heavy UK commercial flight training school that faced severe structural headwinds from the COVID-19 pandemic and post-Brexit EASA regulatory divergence. While the company maintained a credible fixed-asset base of over £3 million and showed some balance sheet recovery in 2021, its chronically weak cash position highlighted significant working capital vulnerabilities. Ultimately, the combination of tight liquidity, high capital intensity, and a contracting international student market led to the company's dissolution, reflecting the brutal consolidation occurring across the UK aviation training sector.
Shareholders' funds
£1,179,568
Balance sheet as at 2021-08-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-04-13
- Dissolved
- 2026-10-06
- Registered office
- 4th Floor Aspect House, 84-87 Queens Road, Brighton, BN1 3XE
- Postcode
- BN1 3XE
- Capital
- 120 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2021-08-31
- Financial year end
- 31 August
Confirmation statement
- Last statement dated
- 2023-04-13
Nature of business (SIC)
- 85590 Other education not elsewhere classified
Officers 3 current · 4 resigned
Group structure 2 subsidiaries
Controlled by CLOSER PARTNERS (SUSSEX) LTD — since 2020-03-19
-
APOLLO AVIATION ADVISORY LTD Dissolved
-
FTA-2 LTD Dissolved
From persons-with-significant-control filings on the public register.
Contact details
- Website
- flyingtime.uk
- Phone
- 01273 455177
FTA are a world-class commercial pilot flight training school in Brighton, UK. Start your training and learn to be a pilot with FTA.
Previous registered addresses 4
| Address | Changed on |
|---|---|
| MAIN TERMINAL BUILDING CECIL PASHLEY WAY, BRIGHTON CITY AIRPORT, SHOREHAM BY SEA, WEST SUSSEX, BN43 5FF, ENGLAND | 2019-05-27 |
| MAIN TERMINAL BUILDING BRIGHTON CITY AIRPORT CECIL PASHLEY WAY, SHOREHAM AIRPORT, SHOREHAM-BY-SEA, WEST SUSSEX, BN43 5FF, ENGLAND | 2018-10-19 |
| 11 SAINT AUBYNS, HOVE, EAST SUSSEX, BN3 2TG | 2016-09-27 |
| PAVILION VIEW, 19 NEW ROAD, BRIGHTON, EAST SUSSEX, BN1 1EY | 2007-05-25 |
The class of 2006
40%
of the 774 companies in this sector incorporated in 2006 are still active today; 57% have since been dissolved.
A fact about the year, not a forecast for this company.