{"name":"FLYING TIME LIMITED","company_number":"05781356","status":"Disolved","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","sic_codes":[{"code":85590,"description":"Other education not elsewhere classified"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 August","last_made_up_to":"2021-08-31","next_due":null},"employees":null,"financials":[{"financial_date":"2021-08-31","net_assets":1183208,"cash":35982},{"financial_date":"2020-08-31","net_assets":933317,"cash":149483},{"financial_date":"2019-08-31","net_assets":1283224,"cash":34119},{"financial_date":"2018-08-31","net_assets":1376481,"cash":198445},{"financial_date":"2017-08-31","net_assets":1002323,"cash":16306}],"officers":{"current":3,"resigned":4,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":2,"outstanding":2},"gazette_notices":[{"date":"2023-07-12","kind":"insolvency"},{"date":"2023-07-12","kind":"insolvency"}],"insolvency_outcome":{"active_today":false,"filings":[{"form":"LIQ14","date":"2026-07-06","description":"Return of final meeting in a creditors' voluntary winding up"}]},"ai_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.","website":"http://www.fta-global.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/flying-time","people":"https://www.companiesintheuk.co.uk/company/flying-time/people","filing_history":"https://www.companiesintheuk.co.uk/company/flying-time/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05781356","financials":"https://www.companiesintheuk.co.uk/company/flying-time/financial","gazette":"https://www.companiesintheuk.co.uk/company/flying-time/gazette","control":"https://www.companiesintheuk.co.uk/company/flying-time/control","charges":"https://www.companiesintheuk.co.uk/company/flying-time/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/flying-time/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/flying-time"}