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Company No. 03640741 · Incorporated 30 Sep 1998

Tag Aviation (UK) Limited

Registered name: TAG AVIATION (UK) LIMITED

Tag Aviation (UK) Limited made £53.7m revenue and a £2m loss in the year to 31 Dec 2025.

Tag Aviation (UK) Limited’s revenue grew 5% to £53.7m in the year to 31 Dec 2025, with a loss of £2m and 106 employees. The company is classified under “non-scheduled passenger air transport” and is based in Farnborough; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 51102Non-scheduled passenger air transport
Status
Active
Location
Farnborough, South East
Age
28 yrs · since 1998
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightDoing more with less
Revenue
£53.7m
Growth ▲5.3%
Profit
−£2m
Growth —
Profit margin
−3.8%
Gross 3.6%
Employees
106
Change ▼3.6%
Profit / employee
−£19.2k
Revenue/employee £507k
Profitable streak
0yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£68.6m£63.5m£51m£53.7m
Cost of sales£66.3m£60.5m£49.3m£51.8m
Gross profit£2.4m£3m£1.7m£1.9m
Operating profit−£1m−£849k−£1.8m−£2m
Profit before tax−£1m−£848k−£1.8m−£2m
Profit after tax−£1.7m−£848k−£1.8m−£2m
Profit (best available)−£1.7m−£848k−£1.8m−£2m
Staff costs£10m£10.9m£9.4m£9.6m
Employees (average)120115110106
Ratios
Profit margin−2.5%−1.3%−3.6%−3.8%
Gross margin3.4%4.7%3.4%3.6%
Revenue per employee£572k£552k£464k£507k
Profit per employee−£14k−£7.4k−£16.6k−£19.2k
Growth (year on year)
Revenue growth—▼7.5%▼19.6%▲5.3%
Headcount growth—▼4.2%▼4.3%▼3.6%
Balance sheet — indirect signals, not revenue
Cash at bank£1.5m£1.3m£1.6m£1.5m
Net assets−£605k−£1.5m−£3.3m−£5.3m
Fixed assets£259k£248k£285k£541k
Current assets£17.1m£12.9m£10.4m£7.9m
Debtors£12m£6.5m£6.4m£4.5m
Deferred income£1.4m£1.3m£1.3m£1.2m
SourceAccounts · bulk data Sep 2024Accounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
−3.8%
Profit ÷ revenue.
Gross margin
3.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£507k
Revenue ÷ average employees.
Profit per employee
−£19.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
8.3%
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
—
Now −£5.3m
Cash at bank
▼10%
Now £1.5m
Headcount
▼4%
Now 106
Deferred income
▼11%
Now £1.2m
Fixed assets
▲90%
Now £541k

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

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£2m), from the Companies House accounts bulk data published Sep 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.