How much does Halo Aviation Ltd make?

Halo Aviation Ltd reported revenue of £10.3m and a loss of £3.5m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Halo Aviation Ltd have?

Halo Aviation Ltd reported an average of 23 employees in the year to 31 Dec 2025.

Is Halo Aviation Ltd profitable?

No — Halo Aviation Ltd reported a loss of £3.5m in the year to 31 Dec 2025.

Company No. 07974853 · Incorporated 5 Mar 2012

Halo Aviation Ltd

Registered name: HALO AVIATION LTD

Part of Flexjet Operations Limited group

Halo Aviation Ltd made £10.3m revenue and a £3.5m loss in the year to 31 Dec 2025.

Halo Aviation Ltd’s revenue grew 42% to £10.3m in the year to 31 Dec 2025, with a loss of £3.5m and 23 employees. The company is classified under “non-scheduled passenger air transport” and is based in Farnborough; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 51102Non-scheduled passenger air transport SIC 77351Renting and leasing of air passenger transport equipment

Status: Active
Location: Farnborough, South East
Age: 14 yrs · since 2012
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.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£10.3m

Growth ▲42.4%

Profit

−£3.5m

Growth —

Profit margin

−33.9%

Gross −11.6%

Employees

Change ▲27.8%

Profit / employee

−£152k

Revenue/employee £449k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
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)	£5.4m	£7.3m	£10.3m
Cost of sales	−£5.9m	−£6.7m	−£11.5m
Gross profit	−£528k	£575k	−£1.2m
Operating profit	−£2.7m	−£2.1m	−£3.8m
Profit before tax	−£2.7m	−£2.1m	−£3.8m
Profit after tax	−£2.6m	−£2.1m	−£3.5m
Profit (best available)	−£2.6m	−£2.1m	−£3.5m
Employees (average)	17	18	23
Ratios
Profit margin	−48.5%	−29.1%	−33.9%
Gross margin	−9.8%	7.9%	−11.6%
Revenue per employee	£317k	£403k	£449k
Profit per employee	−£154k	−£117k	−£152k
Growth (year on year)
Revenue growth	—	▲34.8%	▲42.4%
Headcount growth	—	▲5.9%	▲27.8%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Oct 2025	Accounts · bulk data Oct 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −33.9%; Profit ÷ revenue.
Gross margin: −11.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £449k; Revenue ÷ average employees.
Profit per employee: −£152k; 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.

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 —
Cash at bank: —; Now —
Headcount: ▲28%; Now 23
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Flexjet Operations Limitedultimate parent75–100%
Halo Aviation Ltdthis company

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

Sister companies (2)

Thurston Aviation LimitedRev. £9m · Profit £895k
Thurston Aviation Engineering LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit −£3.5m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.