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PRIMEFLIGHT AVIATION ABERDEEN LTD Financials

Company number
SC561204Copy
Copy
Registered office
Inverness Airport, Dalcross, Inverness IV2 7JB
Incorporated
22/03/2017

Company snapshot

Status
Active
Employees
154 (2023)
Latest financial data
2023
Accounts type
Audit Exemption Subsidiary

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£396.36K2023
46.68%vs 2022

2022: £270.21K

Total Assets

£2.62M2023
8.14%vs 2022

2022: £2.43M

Cash in Bank

£42.88K2023
-62.53%vs 2022

2022: £114.43K

Total Liabilities

£1.69M2023
0.04%vs 2022

2022: £1.69M

Employees

1542023
0vs 2022

2022: 154

In 2023, PRIMEFLIGHT AVIATION ABERDEEN LTD reported net assets of £396.36K. The same filing shows total assets of £2.62M, cash in bank of £42.88K and total liabilities of £1.69M. Reported headcount was 154 in 2023. Total Assets rose from £2.43M in 2022 to £2.62M in 2023 (8.14%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£396.36K2023
46.68%from £270.21K in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures PRIMEFLIGHT AVIATION ABERDEEN LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£30.52K2021£396.36K2023
+1199%vs 2021

+260% a year compound (CAGR)

Cash in Bank

£89.47K2021£42.88K2023
-52.1%vs 2021

-30.8% a year compound (CAGR)

Total Assets

£2.06M2021£2.62M2023
+27.1%vs 2021

+12.7% a year compound (CAGR)

Total Liabilities

£1.43M2021£1.69M2023
+18.2%vs 2021

+8.7% a year compound (CAGR)

Employees

13820211542023
+11.6%vs 2021+16

Biggest increase

Net Assets+1199%

£30.52K in 2021 to £396.36K in 2023

Biggest decrease

Cash in Bank-52.1%

£89.47K in 2021 to £42.88K in 2023

PRIMEFLIGHT AVIATION ABERDEEN LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PRIMEFLIGHT AVIATION ABERDEEN LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
15.10%2023
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
64.44%2023
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
2.54%2023
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
1.63%2023
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PRIMEFLIGHT AVIATION ABERDEEN LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£30.52K270.21K396.36K
Total Assets£2.06M2.43M2.62M
Cash in Bank£89.47K114.43K42.88K
Total Liabilities£1.43M1.69M1.69M
Employees138154154

PRIMEFLIGHT AVIATION ABERDEEN LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PRIMEFLIGHT AVIATION ABERDEEN LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

PRIMEFLIGHT AVIATION ABERDEEN LTD reported net assets of £396.36K for 2023. That compares with £270.21K in 2022, a change of 46.68%.

PRIMEFLIGHT AVIATION ABERDEEN LTD reported total assets of £2.62M for 2023. That compares with £2.43M in 2022, a change of 8.14%.

PRIMEFLIGHT AVIATION ABERDEEN LTD reported cash in bank of £42.88K for 2023. That compares with £114.43K in 2022, a change of -62.53%.

PRIMEFLIGHT AVIATION ABERDEEN LTD reported 154 employees in 2023, compared with 154 in 2022.

Between 2021 and 2023, PRIMEFLIGHT AVIATION ABERDEEN LTD's net assets rose by 1199%, cash in bank fell by 52.1%, total assets rose by 27.1% and total liabilities rose by 18.2%. Net assets compounded at 260% a year across the two years to 2023, from £30.52K to £396.36K. Reported headcount went from 138 in 2021 to 154 in 2023 (+16).

Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.