FLYFEET LIMITED
Opportunity 59/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: low (45/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (33 events)Click to expand
- 2012-04-10📄gazette-dissolved-compulsorygazette · GAZ2
- 2012-04-10🏁Company dissolved
- 2011-12-27📄gazette-notice-compulsorygazette · GAZ1
- 2011-05-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-10-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-10-01📄change-person-director-company-with-change-dateofficers · CH01
- 2010-10-01📄change-person-director-company-with-change-dateofficers · CH01
- 2010-10-01📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-10-01📄change-person-secretary-company-with-change-dateofficers · CH03
- 2010-05-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-10-01📄legacyannual-return · 363a
- 2009-10-01📄legacyofficers · 288c
- 2009-09-30📄legacycapital · 88(2)
- 2009-09-30📄resolutionresolution · RESOLUTIONS
- 2009-04-16📍legacyaddress · 287
- 2009-04-16📄legacyofficers · 288c
- 2009-04-02📄accounts-with-made-up-dateaccounts · AA
- 2008-12-08📄legacyannual-return · 363a
- 2008-12-08📄legacyofficers · 288a
- 2008-12-05➕OKESOLA, Adenike appointeddirector
- 2008-12-05📄legacyofficers · 288b
- 2008-12-05📄legacyofficers · 288b
- 2008-12-04➖ONLINE REGISTRARS LIMITED resignedcorporate-secretary
- 2008-12-04➖ONLINE FORMATIONS LTD resignedcorporate-director
- 2007-12-04📄legacyofficers · 288a
- 2007-12-03📍legacyaddress · 287
- 2007-12-03📄legacyofficers · 288a
- 2007-09-24➕OKESOLA, Adenike appointedsecretary
- 2007-09-24➕OKESOLA, Christopher Oluseye appointeddirector
- 2007-08-30🏢Company incorporatedAs FLYFEET LIMITED
- 2007-08-30➕ONLINE REGISTRARS LIMITED appointedcorporate-secretary
- 2007-08-30➕ONLINE FORMATIONS LTD appointedcorporate-director
- 2007-08-30📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-04-10
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (0 active · 2 resigned)
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