VOLARE AVIATION LIMITED Financials
- Company number
- 08557765CopyCopy
- Registered office
- Hangar 14 Langford Lane, Kidlington, Oxon OX5 1QX
- Incorporated
- 05/06/2013
Company snapshot
- Status
- Active
- Employees
- 75 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
27.77%vs 20232023: £2.08M
Total Assets
31.49%vs 20232023: £14.85M
Cash in Bank
19.58%vs 20232023: £444.17K
Total Liabilities
35.03%vs 20232023: £12.11M
Employees
+11vs 20232023: 64
In 2024, VOLARE AVIATION LIMITED reported net assets of £2.65M. The same filing shows total assets of £19.53M, cash in bank of £531.15K and total liabilities of £16.35M. Reported headcount was 75 in 2024. Total Assets rose from £14.85M in 2023 to £19.53M in 2024 (31.49%). Okredo holds filed figures for 2021–2024; 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
27.77%from £2.08M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures VOLARE AVIATION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+86.4%vs 2022+36.5% a year compound (CAGR)
Cash in Bank
+705%vs 2022+184% a year compound (CAGR)
Total Assets
+87.8%vs 2022+37% a year compound (CAGR)
Total Liabilities
+86.9%vs 2022+36.7% a year compound (CAGR)
Employees
+33.9%vs 2022+19Biggest increase
Cash in Bank+705%
£65.97K in 2022 to £531.15K in 2024
Every indicator Okredo holds for VOLARE AVIATION LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from VOLARE AVIATION LIMITED'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
- 13.60%2024
- 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
- 83.74%2024
- 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
- 3.25%2024
- 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
- 2.72%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £467.01K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for VOLARE AVIATION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 908.95K | 1.42M | 2.08M | 2.65M |
| Total Assets£ | 6.23M | 10.40M | 14.85M | 19.53M |
| Cash in Bank£ | 462.14K | 65.97K | 444.17K | 531.15K |
| Total Liabilities£ | 5.20M | 8.75M | 12.11M | 16.35M |
| Employees | 40 | 56 | 64 | 75 |
VOLARE AVIATION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for VOLARE AVIATION LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
VOLARE AVIATION LIMITED reported net assets of £2.65M for 2024. That compares with £2.08M in 2023, a change of 27.77%.
VOLARE AVIATION LIMITED reported total assets of £19.53M for 2024. That compares with £14.85M in 2023, a change of 31.49%.
VOLARE AVIATION LIMITED reported cash in bank of £531.15K for 2024. That compares with £444.17K in 2023, a change of 19.58%.
VOLARE AVIATION LIMITED reported 75 employees in 2024, compared with 64 in 2023.
Between 2022 and 2024, VOLARE AVIATION LIMITED's net assets rose by 86.4%, cash in bank rose by 705%, total assets rose by 87.8% and total liabilities rose by 86.9%. Net assets compounded at 36.5% a year across the two years to 2024, from £1.42M to £2.65M. Reported headcount went from 56 in 2022 to 75 in 2024 (+19).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.