How much does Volare Aviation Limited make?

Volare Aviation Limited reported revenue of £35m and £577k profit in the year to 30 Nov 2024, according to its accounts filed at Companies House.

How many employees does Volare Aviation Limited have?

Volare Aviation Limited reported an average of 75 employees in the year to 30 Nov 2024.

Is Volare Aviation Limited profitable?

Yes — Volare Aviation Limited reported a profit of £577k in the year to 30 Nov 2024.

Company No. 08557765 · Incorporated 5 Jun 2013

Volare Aviation Limited

Registered name: VOLARE AVIATION LIMITED

Volare Aviation Limited made £35m revenue and £577k profit in the year to 30 Nov 2024.

Volare Aviation Limited’s revenue grew 3% to £35m in the year to 30 Nov 2024, with £577k profit and 75 employees. The company is classified under “non-scheduled passenger air transport” and is based in Kidlington; we hold 4 years of its filed accounts.

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

Status: Active
Location: Kidlington, South East
Age: 13 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 30 Nov 2024

Key figures

IndependentCapital-lightCash flow filed

Revenue

£35m

Growth ▲3%

Profit

£577k

Growth ▼11.7%

Profit margin

1.7%

Gross 25.3%

Employees

Change ▲17.2%

Profit / employee

£7.7k

Revenue/employee £467k

Profitable streak

4yrs

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 to	30 Nov 2021	30 Nov 2022	30 Nov 2023	30 Nov 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.5m	£30.6m	£34m	£35m
Cost of sales	£13.9m	£25.1m	£26.6m	£26.2m
Gross profit	£3.6m	£5.5m	£7.4m	£8.9m
Operating profit	£612k	£721k	£905k	£885k
Profit before tax	£609k	£716k	£894k	£836k
Profit after tax	£476k	£552k	£654k	£577k
Profit (best available)	£476k	£552k	£654k	£577k
Staff costs	£2.2m	£3m	£4.1m	£6.1m
Employees (average)	40	56	64	75
Ratios
Profit margin	2.7%	1.8%	1.9%	1.7%
Gross margin	20.4%	18%	21.8%	25.3%
Revenue per employee	£438k	£547k	£531k	£467k
Profit per employee	£11.9k	£9.9k	£10.2k	£7.7k
Cash conversion	−159.6%	−5.6%	210.5%	266.4%
Growth (year on year)
Revenue growth	—	▲74.8%	▲11.1%	▲3%
Profit growth	—	▲15.9%	▲18.3%	▼11.7%
Headcount growth	—	▲40%	▲14.3%	▲17.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£462k	£66k	£444k	£531k
Net assets	£872k	£1.4m	£2.1m	£2.7m
Fixed assets	£129k	£226k	£664k	£521k
Current assets	£6.2m	£9.9m	£13.5m	£18.5m
Debtors	£1.9m	£4.4m	£2.8m	£10.1m
Deferred income	£1.7m	£2m	£2.4m	£2.9m
Cash from operations	−£977k	−£40.5k	£1.9m	£2.4m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 25.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £467k; Revenue ÷ average employees.
Profit per employee: £7.7k; Profit ÷ average employees.
Cash conversion: 266.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 28.9%; 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: ▲28%; Now £2.7m
Cash at bank: ▲20%; Now £531k
Headcount: ▲17%; Now 75
Deferred income: ▲20%; Now £2.9m
Fixed assets: ▼21%; Now £521k

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

Corporate ownership

Group structure

Subsidiaries (1)

Aviaâ LtdFigures 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 FullAccounts for the year to 30 Nov 2024 (profit £577k), 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.