Primeflight Cargo UK Ltd
Registered name: PRIMEFLIGHT CARGO UK LTD
Part of Primeflight UK Ltd groupPrimeflight Cargo UK Ltd made £4.3m revenue and £416k profit in the year to 31 Mar 2024.
Primeflight Cargo UK Ltd’s revenue was £4.3m in the year to 31 Mar 2024, with £416k profit and 82 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 4 yrs · since 2021
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Nov 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £12.3m | £4.3m |
| Cost of sales | — | −£7.3m | −£3.1m |
| Gross profit | — | £4.9m | £1.2m |
| Operating profit | — | £1.9m | £571k |
| Profit before tax | — | £4.4m | £581k |
| Profit after tax | — | £3.9m | £416k |
| Profit (best available) | — | £3.9m | £416k |
| Employees (average) | — | 83 | 82 |
| Ratios | |||
| Profit margin | — | 31.6% | 9.6% |
| Gross margin | — | 40.3% | 27.4% |
| Revenue per employee | — | £148k | £52.6k |
| Profit per employee | — | £46.6k | £5.1k |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £100 | — | — |
| Net assets | £100 | — | — |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 9.6%
- Profit ÷ revenue.
- Gross margin
- 27.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £52.6k
- Revenue ÷ average employees.
- Profit per employee
- £5.1k
- 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.
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
- —
- Now 82
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Primeflight UK Ltdultimate parent75–100%
- Primeflight Cargo UK Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Airworld Handling LimitedRev. — · Profit £4.9m
Sister companies (4)
- Primeflight Engineering LtdRev. £21.5m · Profit £1.5m
- Primeflight Aviation Aberdeen LtdFigures not disclosed
- Primeflight Aviation England LtdFigures not disclosed
- Primeflight Aviation Scotland LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2024 (profit £416k), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 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.