Air Partner Limited
Registered name: AIR PARTNER LIMITED
Part of Wheels Up Experience Inc. groupAir Partner Limited made £72m revenue and £8.6m profit in the year to 31 Dec 2025.
Air Partner Limited’s revenue fell 1% to £72m in the year to 31 Dec 2025, with £8.6m profit. The company is classified under “non-scheduled passenger air transport” and is based in Gatwick; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Gatwick, South East
- Age
- 56 yrs · since 1970
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £69.9m | £72.9m | £72m |
| Cost of sales | −£31.8m | −£32.1m | −£28.7m |
| Gross profit | £38.1m | £40.8m | £43.3m |
| Operating profit | £6m | £7.2m | £11.4m |
| Profit before tax | £6m | £7.3m | £11.5m |
| Profit after tax | £4.2m | £5.3m | £8.6m |
| Profit (best available) | £4.2m | £5.3m | £8.6m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 6.1% | 7.3% | 11.9% |
| Gross margin | 54.5% | 56% | 60.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▲4.3% | ▼1.2% |
| Profit growth | — | ▲24.7% | ▲61.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 11.9%
- Profit ÷ revenue.
- Gross margin
- 60.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Wheels Up Experience Inc. (registered outside the UK register)ultimate parent75–100%
- Wheels Up UK Limited75–100%
- Air Partner Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Air Partner Aviation Services LimitedFigures not disclosed
- Air Partner Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £8.6m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.