Company Overview
Ulster Flying Club (1961) Limited is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Friday 23 June 1961, so this is a well established company. Ulster Flying Club (1961) Limited has been in business for 64 years and 9 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Ards Airport, Portaferry Road, Newtownards, County Down, BT23 8SG
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Companies House Data
Company NameULSTER FLYING CLUB (1961) LIMITED
Company NumberNI004971
Registered Office AddressArds Airport
 Portaferry Road
 BT23 8SG
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date23/06/1961
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date30/11/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date21/06/2017
Returns Last Made Up Date24/05/2016
Directors & Members
Show Resigned
Lesley Corken - Director
(British, 47 years old, born March 1979)
Appointed 02 September 2024
 Active
Albert Harrison - Director
(British, 80 years old, born July 1946)
Appointed 02 September 2024
 Active
Philip Hazlehurst - Director
(British, 65 years old, born January 1961)
Appointed 14 May 2025
 Active
Bryan Kennedy - Director
(British, 66 years old, born August 1960)
Appointed 16 June 2016
 Active
Steven Kinnear - Director
(Northern Irish, 45 years old, born July 1981)
Appointed 28 August 2023
 Active
Secretaries
Show Resigned
Lesley Corken - Secretary
Appointed 15 May 2025
 Active
Other Company Directorships
Lesley Corken
No companies found
Albert Harrison
No companies found
Philip Hazlehurst
No companies found
Bryan Kennedy
No companies found
Steven Kinnear
No companies found
Balance Sheet Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Balance Sheet
Fixed Assets 614,242 614,242 650,940
Current Assets 212,397 212,397 187,444
Creditors Due Within One Year 155,096 155,096 152,689
Working Cap 57,301 57,301 34,755
Total Assets Less Current Liabilities 671,543 671,543 685,695
Long-term Liabilities 549,225 549,225 559,183
Net Assets 122,318 122,318 126,512
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 122,318 122,318 126,512
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Tangible Fixed Assets - - -
Fixed Assets 74.3% 74.3% 77.6%
Stocks Inventory - - -
Debtors 6.3% 6.3% 4.6%
Cash Bank In Hand 18.5% 18.5% 15.4%
Current Assets 25.7% 25.7% 22.4%
Creditors Due Within One Year 18.8% 18.8% 18.2%
Net Current Assets Liabilities 6.9% 6.9% 4.1%
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 14.8% 14.8% 15.1%
Capital Employed - - -
Total Assets Less Current Liabilities 81.2% 81.2% 81.8%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Liquidity Ratio 1.4 1.4 1.2
Solvency Ratio 1.2 1.2 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 9
Mortgages Outstanding 6
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Assets 826,639 826,639 838,384
Debt 704,321 704,321 711,872
Net Assets/Debt 122,318 122,318 126,512

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

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
Other Business around BT23 8SG
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MM AVIATION (NI) LTD
61 Portaferry Road, Newtownards, Co Down, BT23 8SG
HELIPOWER HIRE LIMITED
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Document Filings
Termination of appointment of Colin O'neill as a director on 13 April 2026
Confirmation statement made on 24 May 2025 with no updates
Appointment of Ms Lesley Ann Corken as a secretary on 15 May 2025
Termination of appointment of Sian Elisabeth Thornthwaite as a director on 15 May 2025
Appointment of Mr Philip Christopher Hazlehurst as a director on 14 May 2025
Current accounting period extended from 30 November 2025 to 31 December 2025
Appointment of Mr Albert Harrison as a director on 2 September 2024
Appointment of Mr Peter Mccloskey as a director on 2 September 2024
Appointment of Ms Lesley Ann Corken as a director on 2 September 2024
Appointment of Ms Amy Frances Mcveigh as a director on 2 September 2024
Termination of appointment of Robbie Nelson as a director on 2 September 2024
Termination of appointment of Tom Mccrea as a director on 2 September 2024
Termination of appointment of Mark Chambers as a director on 2 September 2024
Termination of appointment of Michael William Allen as a director on 2 September 2024
Satisfaction of charge 6 in full
Satisfaction of charge 4 in full
Satisfaction of charge 5 in full
Confirmation statement made on 24 May 2024 with no updates
Notification of a person with significant control statement
Appointment of Mr Michael William Allen as a director on 28 August 2023
Appointment of Mr Mark Mcconville as a director on 28 August 2023
Appointment of Dr Sian Elisabeth Thornthwaite as a director on 28 August 2023
Appointment of Sir Gerald Joseph Mcalinden as a director on 28 August 2023
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