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Company No. 15204570 · Incorporated 11 Oct 2023

Elevate Balloon Flights Ltd

Registered name: ELEVATE BALLOON FLIGHTS LTD

Elevate Balloon Flights Ltd made a £1.9k loss in the year to 31 Oct 2024 (revenue not disclosed).

Elevate Balloon Flights Ltd reported a loss of £1.9k in the year to 31 Oct 2024; its revenue was not disclosed. It had 2 employees. The company is classified under “scheduled passenger air transport” and is based in Welshpool.

Profit onlySection H · Transportation and storageSIC 51101Scheduled passenger air transportSIC 73110Advertising agencies
Status
Active
Location
Welshpool, West Midlands
Age
3 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 31 Oct 2024

Key figures

IndependentSmall team
Revenue
—
Not disclosed in filing
Profit
−£1.9k
Growth —
Profit margin
—
 
Employees
2
Change —
Profit / employee
−£955
 
Profitable streak
0yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 2024
DisclosureProfit only
Profit & loss
Revenue (turnover)—
Profit after tax−£1.9k
Profit (best available)−£1.9k
Employees (average)2
Ratios
Profit margin—
Profit per employee−£955
Balance sheet — indirect signals, not revenue
Cash at bank£1.3k
Net assets−£1.8k
Fixed assets£998
SourceFullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
−£955
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 −£1.8k
Cash at bank
—
Now £1.3k
Headcount
—
Now 2
Deferred income
—
Now —
Fixed assets
—
Now £998
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Sources

Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£1.9k), from the Companies House accounts bulk data published Oct 2025. 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.