ALTERNATIVE AIRLINES LIMITED

1. ALTERNATIVE AIRLINES LIMITED 2017-06-16 → present
2. FLIGHTDIRECTORS.COM LIMITED 1999-05-12 → 2017-06-16
3. FLIGHT DIRECTORS HOLDINGS LIMITED 1994-04-20 → 1999-05-12
4. STEVTON (NO. 59) LIMITED 1994-01-06 → 1994-04-20

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

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Alternative Airlines has demonstrated that it has a successful and resilient business with the generation of significant profits over the last few financial years and has a positive outlook for the next 12 months. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. ALTERNATIVE AIRLINES LIMITED · parent
   1. Alternative Airlines US Inc. 100% · United States of America · Travel agency
   2. Flight Directors Scheduled Services Limited 100% · England · Reservation call centre for air carriers

Significant events

• “During the 2025 Financial Year, Alternative Airlines has maintained a strong performance across its core markets, with the US continuing to be the primary contributor, alongside strengthening performance in the UK and broader European markets, reflecting a more diversified revenue mix year on year.”
• “The Group has invested in continual development of the customer experience through the integration of new airline technology companies to increase flight options, new payment options to increase consumer choice and the improvements in the user journey on the website.”
• “Gross margin and overall profitability have both improved year on year. To drive continued revenue growth, the Group adopted new marketing strategies during the financial year, achieving a positive return.”
• “EBITDA increased in line with the stronger trading performance. Depreciation and amortisation charges remained broadly consistent with the prior year, enabling the uplift in EBITDA to flow through to operating profit. Interest income also increased.”
• “The aviation industry has continued to grow above levels seen before the Covid-19 pandemic in 2025, although demand was tempered at times by significant global events during the year.”

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

Filings

7

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

  +9.8%

  £17,958,596 → £19,716,770

• Cash

  +13.4%

  £15,474,271 → £17,541,269

  highest in 4 filed years

• Net assets

  +16.7%

  £10,823,664 → £12,626,102

  highest in 4 filed years

• Employees

  +13.3%

  128 → 145

  highest in 4 filed years

• Operating profit

  +29.1%

  £5,334,060 → £6,887,777

• Profit before tax

  +31.8%

  £5,461,413 → £7,199,674

• Wages

  +12.8%

  £4,222,179 → £4,764,727

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