How much does Zenith Aircraft Limited make?

Zenith Aircraft Limited reported revenue of £1.8m and a loss of £199k in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Zenith Aircraft Limited have?

Zenith Aircraft Limited reported an average of 4 employees in the year to 31 Mar 2023.

Is Zenith Aircraft Limited profitable?

No — Zenith Aircraft Limited reported a loss of £199k in the year to 31 Mar 2023.

Company No. 10253224 · Incorporated 27 Jun 2016

Zenith Aircraft Limited

Registered name: ZENITH AIRCRAFT LIMITED

Part of Armatire Limited group

Zenith Aircraft Limited made £1.8m revenue and a £199k loss in the year to 31 Mar 2023. read from filing text

Zenith Aircraft Limited’s revenue was £1.8m in the year to 31 Mar 2023, with a loss of £199k and 4 employees. The company is classified under “non-scheduled passenger air transport” and is based in Tunbridge Wells; we hold 2 years of its filed accounts.

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

Status: Active
Location: Tunbridge Wells, South East
Age: 10 yrs · since 2016
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 immediate parent undertaking is SQIB Limited, a company registered in England and Wales. Copies of the immediate parent company's consolidated financial statements may be obtained from 45 Westerha”

Latest accounts · year to 31 Mar 2023

Key figures

Small team

Revenue

£1.8m

Growth 0%

Profit

−£199k

Growth ▼174.7%

Profit margin

−10.8%

Gross 66.7%

Employees

Change 0%

Profit / employee

−£49.7k

Revenue/employee £460k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£1.8m	£1.8m
Cost of sales	£511k	£613k
Gross profit	£1.3m	£1.2m
Operating profit	£409k	£236k
Profit before tax	£266k	−£120k
Profit after tax	£266k	−£199k
Profit (best available)	£266k	−£199k
Employees (average)	4	4
Ratios
Profit margin	14.5%	−10.8%
Gross margin	72.2%	66.7%
Revenue per employee	£460k	£460k
Profit per employee	£66.6k	−£49.7k
Growth (year on year)
Revenue growth	—	0%
Profit growth	—	▼174.7%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.9k	£1.3k
Net assets	£2.3m	£2.1m
Fixed assets	£10.2m	£9.6m
Current assets	£4.9m	£5.9m
Debtors	£4.9m	£5.9m
Deferred income	£30.6k	£61.7k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: −10.8%; Profit ÷ revenue.
Gross margin: 66.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £460k; Revenue ÷ average employees.
Profit per employee: −£49.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 521.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 318.6%; 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: ▼9%; Now £2.1m
Cash at bank: ▼73%; Now £1.3k
Headcount: 0%; Now 4
Deferred income: ▲101%; Now £61.7k
Fixed assets: ▼6%; Now £9.6m

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

Ownership chain

Armatire Limitedultimate parent75–100%
Sqib Limited75–100%
Zenith Aircraft Limitedthis company

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

Sister companies (11)

Integra Property Management LimitedRev. £8.4m · Profit £108k
Salomons UK LimitedRev. £5.5m · Profit −£671k
The Air Charter Club LimitedRev. £920k · Profit −£172k
E.j.markham & Son LimitedRev. £727k · Profit £64.7k
Bishops U.K. LimitedRev. £477k · Profit −£639k
One Media and Creative UK LimitedRev. £462k · Profit −£287k
Connect Centre LimitedRev. £9.6k · Profit −£426k
Presence & Co. Estate Agents LimitedRev. £6.9k · Profit −£30.8k
55VS No 1 LimitedRev. £0 · Profit £0
Bewl Events & Waterpark LimitedRev. — · Profit −£96.1k
Presence & Co Property 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 FullAccounts for the year to 31 Mar 2023 (profit −£199k), from the Companies House accounts bulk data published Jun 2024. 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.