Company Overview
Premier Flight Training Ltd is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Thursday 14 February 2002, so this is a well established company. Premier Flight Training Ltd has been in business for 24 years and 1 month. The accounts status is micro entity and the accounts are next due on Sunday 31 December 2023.
Registered Address

1St Floor, Prospect House, Rouen Road, Norwich, Norfolk, NR1 1RE
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Companies House Data
Company NamePREMIER FLIGHT TRAINING LTD
Company Number04374076
Registered Office Address1st Floor, Prospect House
 Rouen Road
 NR1 1RE
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date14/02/2002
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2023
Accounts Last Made Up Date31/03/2022
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date29/10/2016
Returns Last Made Up Date01/10/2015
Directors & Members
Show Resigned
Raymond Parsons - Director
(British, 78 years old, born June 1948)
Appointed 04 February 2015
 Active
Secretaries
Show Resigned
Raymond Parsons - Secretary
Appointed 04 February 2015
 Active
Other Company Directorships
Raymond Parsons
ALEXANDRA HOUSE (CROMER) LIMITED
FERN ESTATES LIMITED
KEY SITE DEVELOPMENT LTD
LEAP HOUSE MANAGEMENT LIMITED
LINKS COURT (SHERINGHAM) LIMITED
R & B PARSONS LIMITED
SANDPIPER COURT LIMITED
SUMMERVALE HOUSE MANAGEMENT LIMITED
THROWER & RUTLAND BUILDING SERVICES LIMITED
THROWER AND RUTLAND LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Balance Sheet
Fixed Assets 136,280 132,160 128,344
Current Assets 19,026 10,900 16,258
Creditors Due Within One Year 250,966 209,391 200,996
Working Cap -231,940 -198,491 -184,738
Total Assets Less Current Liabilities -95,660 -66,331 -56,394
Long-term Liabilities 166,702 131,250 81,768
Net Assets -262,362 -197,581 -138,162
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -262,362 -197,581 -138,162
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Tangible Fixed Assets - - -
Fixed Assets 87.7% 92.4% 88.8%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 12.3% 7.6% 11.2%
Creditors Due Within One Year 161.6% 146.4% 139.0%
Net Current Assets Liabilities -149.3% -138.7% -127.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -168.9% -138.1% -95.5%
Capital Employed - - -
Total Assets Less Current Liabilities -61.6% -46.4% -39.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Liquidity Ratio 0.1 0.1 0.1
Solvency Ratio 0.4 0.4 0.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Assets 155,306 143,060 144,602
Debt 417,668 340,641 282,764
Net Assets/Debt -262,362 -197,581 -138,162
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Liquidators' statement of receipts and payments to 1 May 2025
Satisfaction of charge 043740760005 in full
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Registered office address changed from Premier Building Liberator Road Norwich Norfolk NR6 6EU to 1st Floor, Prospect House Rouen Road Norwich Norfolk NR1 1RE on 12 May 2024
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Satisfaction of charge 2 in full
Satisfaction of charge 3 in full
Satisfaction of charge 4 in full
Confirmation statement made on 1 October 2023 with no updates
Confirmation statement made on 1 October 2022 with no updates
Confirmation statement made on 1 October 2021 with no updates
Confirmation statement made on 1 October 2020 with no updates
Registration of charge 043740760006, created on 22 July 2020
Confirmation statement made on 1 October 2019 with no updates
Confirmation statement made on 1 October 2018 with no updates
Registration of charge 043740760005, created on 8 March 2018
Confirmation statement made on 1 October 2017 with no updates
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