How much does Multiflight Limited make?

Multiflight Limited reported revenue of £20.4m and £1.3m profit in the year to 30 Nov 2025, according to its accounts filed at Companies House.

How many employees does Multiflight Limited have?

Multiflight Limited reported an average of 73 employees in the year to 30 Nov 2025.

Is Multiflight Limited profitable?

Yes — Multiflight Limited reported a profit of £1.3m in the year to 30 Nov 2025.

Company No. 02956375 · Incorporated 8 Aug 1994

Multiflight Limited

Registered name: MULTIFLIGHT LIMITED

Multiflight Limited made £20.4m revenue and £1.3m profit in the year to 30 Nov 2025. read from filing text

Multiflight Limited’s revenue grew 6% to £20.4m in the year to 30 Nov 2025, with £1.3m profit and 73 employees. The company is classified under “non-scheduled passenger air transport” and is based in Leeds; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 51102Non-scheduled passenger air transport

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 32 yrs · since 1994
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. From the filing: “The company is controlled by David Hood.”

Latest accounts · year to 30 Nov 2025

Key figures

Operating leverageCash flow filed

Revenue

£20.4m

Growth ▲6%

Profit

£1.3m

Growth ▲83.7%

Profit margin

6.5%

Gross 21.1%

Employees

Change ▲2.8%

Profit / employee

£18.3k

Revenue/employee £280k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2023	30 Nov 2024	30 Nov 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£18.9m	£19.3m	£20.4m
Cost of sales	£15.5m	£15.7m	£16.1m
Gross profit	£3.4m	£3.5m	£4.3m
Operating profit	£800k	£918k	£1.3m
Profit before tax	£840k	£1m	£1.8m
Profit after tax	£614k	£726k	£1.3m
Profit (best available)	£614k	£726k	£1.3m
Staff costs	£3.7m	£3.8m	£4m
Employees (average)	72	71	73
Ratios
Profit margin	3.3%	3.8%	6.5%
Gross margin	17.9%	18.3%	21.1%
Revenue per employee	£262k	£271k	£280k
Profit per employee	£8.5k	£10.2k	£18.3k
Cash conversion	−254.7%	−115.1%	−124%
Growth (year on year)
Revenue growth	—	▲2.1%	▲6%
Profit growth	—	▲18.3%	▲83.7%
Headcount growth	—	▼1.4%	▲2.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.6m	£2.9m	£4.1m
Net assets	£13.1m	£13.8m	£15.1m
Fixed assets	£11m	£11.2m	£11.4m
Current assets	£6.6m	£6.6m	£8.6m
Debtors	£1.8m	£1.4m	£1.6m
Deferred income	£521k	£527k	£845k
Cash from operations	−£2m	−£1.1m	−£1.6m
Source	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 6.5%; Profit ÷ revenue.
Gross margin: 21.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £280k; Revenue ÷ average employees.
Profit per employee: £18.3k; Profit ÷ average employees.
Cash conversion: −124%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 56.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲10%; Now £15.1m
Cash at bank: ▲39%; Now £4.1m
Headcount: ▲3%; Now 73
Deferred income: ▲60%; Now £845k
Fixed assets: ▲2%; Now £11.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £1.3m), from the Companies House accounts bulk data published Apr 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.