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Company No. 04584526 · Incorporated 7 Nov 2002

Ifly Indoor Skydiving Ltd

Registered name: IFLY INDOOR SKYDIVING LTD

Part of Skyventure International (UK) Limited group

Ifly Indoor Skydiving Ltd made £12.5m revenue and £1.4m profit in the year to 28 Dec 2025.

Ifly Indoor Skydiving Ltd’s revenue fell 1% to £12.5m in the year to 28 Dec 2025, with £1.4m profit and 88 employees. The company is classified under “other sports activities” and is based in Worcester; we hold 5 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 93199Other sports activities
Status
Active
Location
Worcester, West Midlands
Age
23 yrs · since 2002
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: “Skyventure International (UK) Limited”

Latest accounts · year to 28 Dec 2025

Key figures

Cash flow filed
Revenue
£12.5m
Growth ▼0.8%
Profit
£1.4m
Growth ▼17.5%
Profit margin
11.4%
Gross 78.8%
Employees
88
Change ▼11.1%
Profit / employee
£16.2k
Revenue/employee £142k
Profitable streak
5yrs
Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to26 Dec 202125 Dec 202231 Dec 202329 Dec 202428 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£7.3m£10.9m£12.5m£12.6m£12.5m
Cost of sales£529k£1.7m£2.4m£2.6m£2.6m
Gross profit£6.7m£9.2m£10.1m£9.9m£9.8m
Operating profit£3.5m£3.8m———
Profit before tax£3.5m£3.8m£2.5m£2.3m£1.9m
Profit after tax£3.1m£3.2m£1.8m£1.7m£1.4m
Profit (best available)£3.1m£3.2m£1.8m£1.7m£1.4m
Staff costs£1.8m£2.2m£2.6m£2.7m£2.6m
Employees (average)8484999988
Ratios
Profit margin43.3%29.1%14.1%13.8%11.4%
Gross margin92.7%84.2%80.7%79.1%78.8%
Revenue per employee£86.5k£130k£126k£127k£142k
Profit per employee£37.4k£37.8k£17.9k£17.5k£16.2k
Cash conversion135.8%122.7%———
Growth (year on year)
Revenue growth—▲49.9%▲14.9%▲0.5%▼0.8%
Profit growth—▲0.9%▼44.2%▼2.2%▼17.5%
Headcount growth—0%▲17.9%0%▼11.1%
Balance sheet — indirect signals, not revenue
Cash at bank£3.6m£3.2m£1.5m£2.2m£2.4m
Net assets£5.3m£7.5m£6.8m£8.2m£8.7m
Fixed assets£7.4m£10.9m£13.9m£13m£12.2m
Current assets£4.1m£3.9m£1.9m£2.7m£3.2m
Debtors£227k£182k£169k£135k£170k
Deferred income£3.7m£3m£2.9m£3m£2.6m
Cash from operations£4.8m£4.7m£5.1m£1.8m£2.4m
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023FullAccounts · bulk data Jun 2025FullAccounts · bulk data Jun 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
11.4%
Profit ÷ revenue.
Gross margin
78.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£142k
Revenue ÷ average employees.
Profit per employee
£16.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
97.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
20.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
1.4%
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
▲5%
Now £8.7m
Cash at bank
▲10%
Now £2.4m
Headcount
▼11%
Now 88
Deferred income
▼15%
Now £2.6m
Fixed assets
▼6%
Now £12.2m
Corporate ownership

Group structure

Ownership chain

  1. Skyventure International (UK) Limitedultimate parent75–100%
  2. Ifly Indoor Skydiving Ltdthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 28 Dec 2025 (profit £1.4m), 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.