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Company No. OC368141 · Incorporated 19 Sep 2011

Virage Helicopter Academy LLP

Registered name: VIRAGE HELICOPTER ACADEMY LLP

Virage Helicopter Academy LLP made £347k revenue and £0 profit in the year to 30 Sep 2024.

Virage Helicopter Academy LLP’s revenue grew 15% to £347k in the year to 30 Sep 2024, with £0 profit and 0 employees. The company is based in Lowestoft; we hold 3 years of its filed accounts.

Full P&L filed
Status
Active
Location
Lowestoft, East of England
Age
15 yrs · since 2011
Type
Limited Liability Partnership

Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.

Latest accounts · year to 30 Sep 2024

Key figures

IndependentSmall teamCapital-light
Revenue
£347k
Growth ▲14.7%
Profit
£0
Growth —
Profit margin
0%
Gross 27.7%
Employees
0
Change —
Profit / employee
—
 
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 to30 Sep 202230 Sep 202330 Sep 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£333k£302k£347k
Cost of sales£316k£220k£251k
Gross profit£16.5k£82.1k£96k
Operating profit−£37.7k−£443−£59.6k
Profit after tax£0£0£0
Profit (best available)£0£0£0
Employees (average)000
Ratios
Profit margin0%0%0%
Gross margin5%27.1%27.7%
Growth (year on year)
Revenue growth—▼9.2%▲14.7%
Balance sheet — indirect signals, not revenue
Cash at bank£16.6k£23.2k£23.7k
Net assets———
Fixed assets£33.5k£28.2k£26.3k
Current assets£565k£596k£670k
Debtors£5.2k£3.8k£2.7k
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2025
Derived from the latest filing

How the business works

Profit margin
0%
Profit ÷ revenue.
Gross margin
27.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
7.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.8%
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
▲2%
Now £23.7k
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
▼7%
Now £26.3k

Sources

Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £0), from the Companies House accounts bulk data published Jun 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.