FLY BY NITE CONFERENCES LIMITED

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  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

1. FLY BY NITE CONFERENCES LIMITED 1993-10-29 → present
2. PALL MALL INDUSTRIES LIMITED 1989-05-15 → 1993-10-29

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The company continues to invest having spent over £4.7M on new trucks and trailers in the year.”
• “The principal risk to the operation of the business continues to be the prospect of another pandemic like Covid 19 and any resulting lockdown measures put in place.”
• “There is uncertainty regarding future major tours and performances across Europe this may be subject to geopolitical events which may affect artists desire to perform in certain locations.”
• “There are also risks associated with the operational challenges resulting from Brexit and the proposed Employment Rights Act.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +0.9%

  £37,073,861 → £37,424,938

• Cash

  +4,927.4%

  £1,439 → £72,345

• Net assets

  +2.9%

  £18,043,911 → £18,563,741

• Employees

  +6.9%

  217 → 232

• Operating profit

  -49.5%

  £5,126,633 → £2,587,995

• Profit before tax

  -46.8%

  £5,912,968 → £3,145,733

• Wages

  +24.8%

  £9,473,156 → £11,825,590

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