UK Companies House feature
ONE AIR LTD
Cash
£9M
-11.9% vs 2023
Net assets
—
Equity attributable
Employees
101
+34.7% vs 2023
Profit before tax
—
Period ending 2024-09-30
Profile
- Company number
- 13410611
- Status
- Active
- Incorporation
- 2021-05-20
- Last accounts made up
- 2024-09-30
- Account category
- FULL
- Primary SIC
- 51210
Cash
4-year trend · vs UK Logistics & Mobility median
Accounts
4-year trend · latest 2024-09-30
| Metric | Trend | 2021-05-19 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | — | — | |
| Cash | £0 | £542,199 | £10,578,125 | £9,315,275 | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | — | — | — | — | |
| Equity | — | — | -£15,309,413 | -£46,064,278 | |
| Average employees | — | — | 75 | 101 | |
| Wages | — | — | £7,361,784 | £10,547,743 |
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
- IFRS
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Gravita Audit II Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The Company's ability to continue to trade is dependent on continued support from its shareholders, who have confirmed they are willing and able to provide such support. The company owes amounts to connected entities under common control as detailed in note 22. The Company's ability to continue to trade is also dependent on continued support of these entities. These financial statements do not include any adjustments which might be necessary should the support of the shareholders be withdrawn.”
Significant events
- “On 4th April 2025, the company concluded negotiations with its landlord and entered into a 7-year lease agreement for its head office premises, commencing 6th March 2023. A right-of-use asset and corresponding lease liability of $1.97million has been recognised in the balance sheet on the commencement date. This is an adjusting event and will result in a prior year adjustment.”
- “On the 7th October 2024, the amount of $19.6m payables owed to a related party shown in non-current liabilities was transferred into to a convertible loan with a repayment on the fifth anniversary of the date of the loan. On 4th August 2025, an amendment was made to this loan agreement to convert it to a standard commercial interest bearing loan with no change to the repayment dato and interest charged at a market rate effective date of 31st December 2024.”
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
7 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOVE, Michelle Fleur | Secretary | 2022-05-31 | — | — |
| BENNETT, Paul James | Director | 2022-05-31 | Mar 1969 | British |
| HOLMES, John Taylor | Director | 2022-05-31 | Jul 1949 | British |
| JONES, Stuart | Director | 2025-03-01 | Jul 1963 | British |
| MIKELSONS, Algirds | Director | 2026-02-25 | Nov 1960 | British,Latvian |
| MIRCHANDANI, Guneet | Director | 2021-05-20 | Jan 1998 | Indian |
| SIMMONS, Paul Andrew | Director | 2022-05-31 | Oct 1964 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BENNETT, Paul James | Secretary | 2021-05-20 | 2022-05-31 |
| HARTLEY, Jonathan Paul | Director | 2022-07-20 | 2026-02-25 |
| HOPE, Christopher | Director | 2022-05-18 | 2026-02-04 |
| MANNING, Marcus Philip | Director | 2026-02-28 | 2026-03-25 |
| TATTERSALL, David | Director | 2022-05-18 | 2026-04-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul James Bennett | Individual | Shares 50–75% | 2022-02-23 | Active |
| Air One Aviation Limited | Corporate entity | Shares 25–50%, Voting 25–50%, Appoints directors | 2021-05-20 | Ceased 2022-02-23 |
| Mr Guneet Mirchandani | Individual | Shares 25–50% | 2021-05-20 | Active |
Filing timeline
Last 20 of 32 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-28 | TM01 | officers | termination director company with name termination date |
| 2026-04-06 | TM01 | officers | termination director company with name termination date |
| 2026-03-13 | AP01 | officers | appoint person director company with name date |
| 2026-03-10 | AP01 | officers | appoint person director company with name date |
| 2026-03-09 | TM01 | officers | termination director company with name termination date |
| 2026-02-10 | TM01 | officers | termination director company with name termination date |
| 2025-12-12 | AA01 | accounts | change account reference date company current shortened |
| 2025-08-14 | AA | accounts | accounts with accounts type full |
| 2025-05-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-03-04 | AP01 | officers | appoint person director company with name date |
| 2024-12-23 | AA | accounts | accounts with accounts type full |
| 2024-05-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-01-04 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-09-18 | AA | accounts | accounts with accounts type full |
| 2023-06-12 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-05-26 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-05-12 | SH01 | capital | capital allotment shares |
| 2022-07-26 | AP01 | officers | appoint person director company with name date |
| 2022-06-13 | CH01 | officers | change person director company with change date |
| 2022-06-13 | AP03 | officers | appoint person secretary company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory