"SFC" apparently relates to Sydney Flight College, Sydney Flying Club and the parent company, Schofields Flying Club Limited, ACN 000 950 943?
Name: SCHOFIELDS FLYING CLUB LTD
ACN: 000 950 943
Previous state number: 14033144
Previous state of registration: New South Wales
Registration date: 16/12/1971
Next review date: 16/12/2019
Status: External Administration
Type: Australian Public Company, Limited By Guarantee
Locality of registered office: BANKSTOWN NSW 2200
Regulator: Australian Securities & Investments Commission
The Company is under External Administration. "External Administration" is a term which covers all types of insolvency arrangements. An External Administrator is also known as Voluntary Administrator, Liquidator or Receiver.
Uninformed speculation would be quite unhelpful.
If you are owed money from, or owe money to Schofields Flying Club Limited, you should contact the appointed Administrator.