FLYTTR LIMITED
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Cash
£1.7m
+111.8% highest in 3 filed years
Net assets
-£2.8m
+35.9% highest in 3 filed years
Employees
103
-5.5% lowest in 3 filed years
Profit before tax
-£4m
+45% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
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Material uncertainty over going concern
As at the date of signing these financial statements, the Company does not have sufficient cash resources, after taking into account contracted grant and collaboration funding, to meet its liabilities as they fall due for a period of at least 12 months from the date of approval. The Company is therefore reliant on obtaining additional funding, including continued financial support from its ultimate parent company, to enable it to continue its operations. These circumstances indicate the existence of a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. The financial statements do not include any adjustments that might result if the Company were unable to continue as a going concern.
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Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Staples median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,585,000 | £1,112,000 | £1,369,000 | +23.1% | |
| Operating profit | -£10,395,000 | -£7,297,000 | -£4,014,000 | +45% | |
| Profit before tax | -£10,395,000 | -£7,297,000 | -£4,014,000 | +45% | |
| Net profit | -£10,395,000 | -£7,539,000 | -£3,771,000 | +50% | |
| Cash | £1,137,000 | £819,000 | £1,735,000 | +111.8% | |
| Total assets less current liabilities | -£6,763,000 | -£4,410,000 | -£2,175,000 | +50.7% | |
| Net assets | -£6,763,000 | -£4,410,000 | -£2,827,000 | +35.9% | |
| Equity | — | -£4,410,000 | -£2,827,000 | +35.9% | |
| Average employees | 105 | 109 | 103 | -5.5% | |
| Wages | £4,942,000 | £4,940,000 | £4,981,000 | +0.8% | |
| Directors' remuneration | £0 | £0 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 218.6% | 173.2% | 134.7% | |
| Current ratio | 0.33x | 0.29x | 0.43x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- FLYTTR LIMITED 2026-02-13 → present
- OXITEC LIMITED 2002-08-15 → 2026-02-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As at the date of signing these financial statements, the Company does not have sufficient cash resources, after taking into account contracted grant and collaboration funding, to meet its liabilities as they fall due for a period of at least 12 months from the date of approval. The Company is therefore reliant on obtaining additional funding, including continued financial support from its ultimate parent company, to enable it to continue its operations. These circumstances indicate the existence of a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. The financial statements do not include any adjustments that might result if the Company were unable to continue as a going concern.”
Group structure
- FLYTTR LIMITED · parent
- Flyttr Brasil Ltda 100%
- Flyttr Australia Pty Ltd 90%
- Flyttr Panama, Corp. 100%
- Mosquito Technologies Limited 99%
- Precision Biological Innovation, S.R.L 100%
Significant events
- “In January 2026, the Company signed an agreement with a new partner organisation to receive additional funding for one of its agricultural pest R&D projects. The value of the funding is $2.5 million of which $0.5 million has been received in 2026.”
- “In March 2026, Flyttr Limited was registered as an entity in Uganda to support the Company's operational research in the country.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FRANDSEN, Grey | Director | 2017-12-19 | Jul 1978 | American |
| KIRK, Julian Patrick | Director | 2025-07-10 | Apr 1974 | American |
| KOPPLER II, Doit Leon | Director | 2020-04-17 | Aug 1963 | American |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FLEMING, William John Robert | Secretary | 2010-05-21 | 2015-09-04 |
| MEYRICK, Andrew Peter Stewart | Secretary | 2009-05-21 | 2010-05-21 |
| WCPHD SECRETARIES LIMITED | Corporate Secretary | 2002-08-15 | 2009-05-21 |
| ALPHEY, Luke Stephen, Dr | Director | 2002-08-15 | 2015-09-04 |
| BROOKS, David Hugh, Dr | Director | 2002-08-16 | 2012-02-29 |
| BUCKERIDGE, David James | Director | 2008-04-22 | 2013-08-01 |
| CARNEGIE-BROWN, Mark, Dr | Director | 2017-06-14 | 2018-01-08 |
| CLAY, Landon Thomas | Director | 2007-09-27 | 2015-09-04 |
| CLAY, Landon Thomas | Director | 2002-08-28 | 2007-09-04 |
| FISHER, Theodore | Director | 2020-04-17 | 2025-07-10 |
| GARNER, Jeffrey Scott | Director | 2002-08-28 | 2007-09-23 |
| KELLY, David William | Director | 2002-08-16 | 2006-03-21 |
| MCAFEE, William Gage | Director | 2011-12-16 | 2015-09-04 |
| MORTON, Bryan Geoffrey | Director | 2013-08-01 | 2015-09-04 |
| MOTT, Edward David Kynaston | Director | 2002-08-28 | 2015-09-04 |
| PARRY, Hadyn St Pierre | Director | 2008-12-04 | 2017-08-16 |
| RICHARDS, Christopher Gareth Joseph | Director | 2012-01-01 | 2015-09-04 |
| RICKMAN, Robert James | Director | 2007-09-27 | 2008-12-04 |
| STERLING, Ricky | Director | 2015-09-04 | 2020-04-17 |
| TOWLER, Christopher Malcolm, Dr | Director | 2014-06-12 | 2015-09-04 |
| ULRICH, Christian | Director | 2015-09-04 | 2020-04-17 |
| UPTON, Christopher Winston | Director | 2006-03-21 | 2009-01-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Oxitec Insect Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 226 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-13 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-28 | AA | accounts | Accounts with accounts type full | |
| 2026-07-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-02-13 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-02-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-31 | SH01 | capital | Capital allotment shares | |
| 2025-12-31 | SH01 | capital | Capital allotment shares | |
| 2025-12-31 | SH01 | capital | Capital allotment shares | |
| 2025-12-24 | SH01 | capital | Capital allotment shares | |
| 2025-12-24 | SH01 | capital | Capital allotment shares | |
| 2025-11-18 | CH01 | officers | Change person director company with change date | |
| 2025-10-20 | AA | accounts | Accounts with accounts type full | |
| 2025-08-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-15 | SH01 | capital | Capital allotment shares | |
| 2025-07-15 | SH01 | capital | Capital allotment shares | |
| 2025-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-15 | SH01 | capital | Capital allotment shares | |
| 2024-12-24 | SH01 | capital | Capital allotment shares | |
| 2024-12-24 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 10
- 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.