UK Companies House feature
AIR ONE AVIATION LIMITED
Cash
£3M
-87.8% vs 2022
Net assets
£24M
-24.4% vs 2022
Employees
13
+30% vs 2022
Profit before tax
—
Period ending 2023-12-31
Profile
- Company number
- 07103674
- Status
- Active
- Incorporation
- 2009-12-14
- Last accounts made up
- 2023-12-31
- Account category
- GROUP
- Primary SIC
- 51210
Net assets
6-year trend · vs UK Logistics & Mobility median
Accounts
6-year trend · latest 2023-12-31
| Metric | Trend | 2018-03-31 | 2019-03-31 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | — | £23,432,868 | -£7,371,059 | |
| Cash | £142,997 | £292,713 | £2,170,105 | — | £22,249,806 | £2,720,114 | |
| Total assets less current liabilities | £66,616 | £171,946 | £928,803 | — | — | — | |
| Net assets | £579 | £102,817 | £788,861 | — | £31,757,297 | £24,012,488 | |
| Equity | £579 | £102,817 | £788,861 | £9,635,843 | — | £24,012,488 | |
| Average employees | 4 | 4 | 5 | — | 10 | 13 | |
| Wages | — | — | — | — | £560,644 | £1,503,303 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Gravita Audit II Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Subsidiaries
- Quadrant Systems Limited · 100% held · United Kingdom · flight simulator training and associated aviation services
Significant events
- “On the 17th of June 2024, Air One Holdings Ltd, a company registered in the UAE and the immediate and ultimate parent company of Air One Aviation Ltd, transferred its entire share capital holding, to Air One International Holdings Ltd. This UK registered company then became the new immediate and ultimate company.”
- “A consequence of this appointment of a new parent company was the re-alignment of the accounting year end date for the existing group to match that of the new parent, this being 31st of December.”
- “Under section 392 of the Companies Act 2006 Air One Aviation Ltd and its subsidiary Quadrant Systems Ltd have chosen to revise the accounting year end date for the preceding reporting period thus making a 15 month accounting period running from 1st October 2022 to 31st December 2023.”
- “Separately, on the 28th of June 2024, Air One Aviation Ltd converted it's in issue class B (50) and class C (200) shares, which previously carried no voting rights, into Ordinary shares, with full voting rights.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BENNETT, Paul James | Secretary | 2009-12-14 | — | — |
| BENNETT, Paul James | Director | 2009-12-14 | Mar 1969 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MIRCHANDANI, Jaideep | Director | 2009-12-14 | 2014-06-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Air One International Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-06-17 | Active |
| Air One Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-05-03 | Ceased 2024-06-17 |
| Aerosiva Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2018-10-19 | Ceased 2020-05-03 |
| Mr Paul James Bennett | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-10-19 |
| Mr Jai Shankar Singh | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2018-10-19 |
Filing timeline
Last 20 of 62 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-18 | AA | accounts | accounts with accounts type group |
| 2024-07-05 | SH10 | capital | capital variation of rights attached to shares |
| 2024-07-05 | SH08 | capital | capital name of class of shares |
| 2024-07-05 | AA01 | accounts | change account reference date company previous extended |
| 2024-07-04 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-07-04 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-05-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-04-08 | AAMD | accounts | accounts amended with accounts type group |
| 2024-03-20 | AA | accounts | accounts with accounts type group |
| 2023-11-28 | RESOLUTIONS | resolution | resolution |
| 2023-11-28 | MA | incorporation | memorandum articles |
| 2023-07-07 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-05-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-01-04 | AA | accounts | accounts with accounts type group |
| 2022-11-30 | DISS40 | gazette | gazette filings brought up to date |
| 2022-11-29 | GAZ1 | gazette | gazette notice compulsory |
| 2022-05-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-05-04 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory