Subsequently, in August 1944, it was reestablished at HMS Owl, RNAS Fearn, as a Torpedo Bomber Reconnaissance Training Squadron, equipped with Fairey Barracuda aircraft.

The squadron relocated to HMS Merganser, RNAS Rattray, in October and was disbanded nearly one year later, almost to the exact day.

It was first formed as 714 (Catapult) Flight on 15 July 1936, by renumbering 406 (Catapult) Flight, and operated Fairey IIIF floatplanes from cruisers in the East Indies (probably principally 4th Cruiser Squadron).

By July 1938 it had consolidated on the Walrus as equipment, and in early 1939 it was upgraded to full squadron status.

It moved to RNAS Rattray (HMS Merganser) near Crimond, Aberdeenshire in October 1944.