FLYING TRADE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-29 (in 4mo)
Last made up 2025-09-15
Watchouts
None on the register
Cash
£406K
+133.1% vs 2023
Net assets
£36M
+13.7% vs 2023
Employees
382
+112.2% vs 2023
Profit before tax
£10M
-13.5% vs 2023
Name history
Renamed 1 time since incorporation
- FLYING TRADE LIMITED 1991-02-15 → present
- FLYING TRADE FINANCE LIMITED 1988-08-08 → 1991-02-15
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £186,782,181 | £209,338,775 | |
| Operating profit | £13,155,799 | £11,844,196 | |
| Profit before tax | £11,147,418 | £9,640,028 | |
| Net profit | £8,519,915 | £7,381,996 | |
| Cash | £174,048 | £405,749 | |
| Total assets less current liabilities | £33,406,951 | £46,920,390 | |
| Net assets | £32,065,738 | £36,447,734 | |
| Equity | £32,065,738 | £36,447,734 | |
| Average employees | 180 | 382 | |
| Wages | £7,082,678 | £12,778,189 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.0% | 5.7% | |
| Net margin | 4.6% | 3.5% | |
| Return on capital employed | 39.4% | 25.2% | |
| Current ratio | 1.44x | 1.59x | |
| Interest cover | 6.55x | 4.57x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, based on forecasts prepared and facilities available, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for at least 12 months from the date that these accounts are signed. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- FLYING TRADE LIMITED · parent
- Flying Trade (India) Private Limited 100%
- Salaam Foods SRL 100%
- Surya Foods Ireland Limited 100%
Significant events
- “During the year the employee numbers have increased due to the merger of Surya Rice Limited and Cawoods (Fishcurers) Limited into the company.”
- “On 1 February 2024 Cawoods (Fishcurers) Limited, a fellow group undertaking, transferred its employees to the company.”
- “natural gas consumption has increased due to the addition of a new site following the merger with Cawoods (Fishcurers) Limited in February 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DULAI, Sukhjit Singh | Secretary | — | — | British |
| DULAI, Harjit Singh | Director | 2010-05-25 | Dec 1971 | British |
| DULAI, Sukhjit Singh | Director | — | Aug 1966 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DULAI, Harjit Singh | Director | 2001-12-31 | 2007-09-01 |
| DULAI, Kewal Singh | Director | 1993-11-29 | 2003-07-28 |
| PATEL, Dinesh | Director | 2002-04-10 | 2012-03-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Flying Trade Group Plc | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 136 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | CH01 | officers | Change person director company with change date | |
| 2026-04-27 | CH01 | officers | Change person director company with change date | |
| 2025-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-14 | AA | accounts | Accounts with accounts type full | |
| 2025-01-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-07 | AA | accounts | Accounts with accounts type full | |
| 2023-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-14 | AA | accounts | Accounts with accounts type full | |
| 2022-10-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-07 | AA | accounts | Accounts with accounts type full | |
| 2021-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+12.1%
£186,782,181 £209,338,775
-
Cash
+133.1%
£174,048 £405,749
-
Net assets
+13.7%
£32,065,738 £36,447,734
-
Employees
+112.2%
180 382
-
Operating profit
-10%
£13,155,799 £11,844,196
-
Profit before tax
-13.5%
£11,147,418 £9,640,028
-
Wages
+80.4%
£7,082,678 £12,778,189
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers