Fly Anyway CIC
Registered name: FLY ANYWAY CIC
Fly Anyway CIC made £30.2k revenue and £777 profit in the year to 28 Feb 2023.
Fly Anyway CIC’s revenue grew 902% to £30.2k in the year to 28 Feb 2023, with £777 profit and 0 employees. The company is classified under “management consultancy activities other than financial management” and is based in Preston; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Preston, North West
- Age
- 5 yrs · since 2021
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £3k | £30.2k |
| Cost of sales | — | £3.1k |
| Gross profit | £3k | £27.1k |
| Operating profit | £268 | £959 |
| Profit before tax | £268 | £959 |
| Profit after tax | £217 | £777 |
| Profit (best available) | £217 | £777 |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 7.2% | 2.6% |
| Gross margin | 100% | 89.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▲901.7% |
| Profit growth | — | ▲258.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.2k | £1.2k |
| Net assets | £216 | £993 |
| Current assets | £2.2k | £1.2k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 89.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲360%
- Now £993
- Cash at bank
- ▼43%
- Now £1.2k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 28 Feb 2023 (profit £777), from the Companies House accounts bulk data published Nov 2023. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.