Ifly Indoor Skydiving Ltd in Worcestershire, WR1 2JG

Description

Data updated on: 01-11-2023

This particular firm is registered in Worcestershire registered with number: 04584526. This firm was registered in the year 2002. The headquarters of this firm is situated at 5 Deansway Worcester. The zip code for this location is WR1 2JG. It has operated under three previous names. The very first listed name, Skyventure U.k. (milton Keynes), was changed on 2005-09-21 to Airkix Mk. The current name is in use since 2016, is Ifly Indoor Skydiving Ltd. This business's classified under the NACE and SIC code 93199 meaning Other sports activities. The company's most recent filed accounts documents cover the period up to 2022-12-25 and the latest confirmation statement was submitted on 2022-11-07.

Concerning this particular business, just about all of director's tasks have so far been done by Simon W. who was appointed in 2003. Since 2012-07-04 N. M., had been fulfilling assigned duties for this specific business up to the moment of the resignation on 2019-12-12. Additionally another director, namely David Y. gave up the position in 2019. At least one secretary in this firm is a limited company, specifically Harrison Clark (secretarial) Ltd.

Previous company's names
Ifly Indoor Skydiving Ltd 2016-09-15
Airkix Mk Limited 2005-09-21
Skyventure U.k. (milton Keynes) Limited 2002-11-07

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-30	2019-12-29	2020-12-27	2021-12-26	2022-12-25
Currency

Balance Sheet
Cash Bank On Hand	2 345 556	1 827 349	1 829 753	3 576 637	3 206 783
Current Assets	2 822 722	2 170 401	2 055 870	4 071 857	3 900 303
Debtors	449 329	310 400	200 603	451 143	651 103
Net Assets Liabilities	7 774 307	6 344 031	4 971 198	5 315 389	7 512 647
Other Debtors	54 668	64 514	36 412	92 897	267 543
Property Plant Equipment	8 907 122	8 428 850	7 835 952	7 447 902	10 917 307
Total Inventories	27 837	32 652	25 514	44 077	42 417

Other Financial Data
Audit Fees Expenses	25 000	25 000	17 000	17 500	19 200
Accumulated Depreciation Impairment Property Plant Equipment	4 860 155	5 431 717	6 061 408	6 680 240	7 315 245
Additions Other Than Through Business Combinations Property Plant Equipment		425 206	37 633	230 782	4 107 410
Administration Support Average Number Employees	46	51	52	50	49
Administrative Expenses	4 011 436	4 535 743	3 283 253	3 511 722	5 334 318
Amounts Owed By Related Parties	29 112	2 772		22 266
Amounts Owed To Related Parties		2 894	197		1 546 667
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period	83	87	87	84	84
Balances With Banks	2 334 862	1 807 353	1 822 880	3 569 389	3 201 554
Cash Cash Equivalents	2 345 556	1 827 349	1 829 753	3 576 637	3 206 783
Cash Cash Equivalents Cash Flow Value		1 827 349	1 829 753	3 576 637
Cash On Hand	10 694	19 996	6 873	7 248	5 229
Corporation Tax Payable					506 970
Cost Sales	574 660	670 279	355 175	528 558	1 719 815
Creditors	2 968 172	3 223 534	3 749 902	4 639 674	5 576 614
Current Tax For Period			20 000		506 970
Deferred Income	2 319 239	2 562 294	3 278 278	3 687 996	2 954 009
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period				-576
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws	15 733	-5 362	122 027	375 527
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-4 605	45 574	139 036	393 974	261 563
Deferred Tax Liabilities	987 366	1 031 687	1 170 723	1 564 697	1 728 350
Depreciation Amortisation Expense		630 734	629 691	618 832	637 806
Depreciation Expense Property Plant Equipment	628 877	630 734	629 691	618 832	637 806
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-59 172			-2 800
Disposals Property Plant Equipment		-67 694	-840		-3 000
Dividends Paid	-2 127 167	-5 000 000	-2 225 000	-2 800 000	-975 000
Dividends Paid Classified As Financing Activities		-5 000 000	-2 225 000	-2 800 000	-975 000
Fixed Assets	8 907 123	8 428 851	7 835 953	7 447 903	10 917 308
Future Minimum Lease Payments Under Non-cancellable Operating Leases	4 511 770	4 699 726	4 443 942	4 188 158	19 675 143
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		-255 601	-506 368	-909 772	-429 970
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		-66 329	-109 797	250 540	199 960
Gain Loss In Cash Flows From Change In Inventories		4 815	-7 138	18 563	-1 660
Gain Loss On Disposals Property Plant Equipment	-40 029	-7 776	-840		-199
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	21	-4
Government Grant Income			625 771	293 649
Gross Profit Loss	7 999 727	8 143 982	3 665 465	6 736 069	9 171 218
Impairment Loss Reversal		264 222
Income Taxes Paid Refund Classified As Operating Activities		-73 853
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		-518 207	2 404	1 746 884	-369 854
Increase Decrease In Current Tax From Adjustment For Prior Periods	-592 384	-1 253		-20 000
Increase Decrease In Current Tax From Unrecognised Timing Difference From Prior Period				-20 000	-97 910
Increase From Depreciation Charge For Year Property Plant Equipment		630 734	629 691	618 832	637 806
Interest Income On Bank Deposits	1 297	2 934
Interest Received Classified As Investing Activities		5 806	3 220	169	5 981
Interest Received Classified As Operating Activities		5 806	3 220	169	5 981
Investments Fixed Assets	1	1	1	1	1
Investments In Subsidiaries	1	1	1	1	1
Merchandise	27 837	32 652	25 514	44 077	42 417
Minimum Operating Lease Payments Recognised As Expense	283 050	297 169	255 784	255 784	327 349
Net Cash Flows From Used In Investing Activities		-420 146	-34 413	-230 613	-4 101 429
Net Cash Flows From Used In Operating Activities		4 901 939	2 261 817	4 777 497	4 706 575
Net Cash Generated From Operations		4 828 086	2 261 817
Net Cash Inflow Outflow From Operations Before Movements In Working Capital		4 510 971	1 638 514	4 136 828	4 474 905
Net Current Assets Liabilities	-145 450	-1 053 133	-1 694 032	-567 817	-1 676 311
Number Shares Issued Fully Paid	1 194 283	1 194 283	1 194 283	1 194 283	1 194 283
Operating Profit Loss	3 988 291	3 608 239	1 007 983	3 517 996	3 836 900
Other Creditors	9 650	11 312		63 796	3 792
Other Departments Average Number Employees	37	36	35	34	35
Other Interest Receivable Similar Income Finance Income	1 297	5 806	3 220	169	5 981
Other Operating Income Format1			625 771	293 649
Other Payables Accrued Expenses	340 685	234 873	152 047	240 791	338 031
Ownership Interest In Subsidiary Percent	100	100
Pension Costs Defined Contribution Plan	37 333	50 042	38 329	39 760	49 424
Percentage Class Share Held In Subsidiary		100	100	100	100
Prepayments	158 829	141 235	93 076	108 751	201 994
Proceeds From Sales Property Plant Equipment		-746
Profit Loss	4 586 577	3 569 724	852 167	3 144 191	3 172 258
Profit Loss On Ordinary Activities Before Tax	3 989 588	3 614 045	1 011 203	3 518 165	3 842 881
Property Plant Equipment Gross Cost	13 767 277	13 860 567	13 897 360	14 128 142	18 232 552
Provisions For Liabilities Balance Sheet Subtotal	987 366	1 031 687	1 170 723	1 564 697	1 728 350
Purchase Property Plant Equipment		-425 206	-37 633	-230 782	-4 107 410
Social Security Costs	127 063	163 127	74 841	102 968	138 768
Staff Costs Employee Benefits Expense	1 973 575	2 081 913	1 751 243	1 762 438	2 221 293
Taxation Social Security Payable	218 046	241 112	51 386	186 520	43 516
Tax Expense Credit Applicable Tax Rate	758 022	686 669	192 129	668 451	730 147
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	-778 823	-754 930	-232 052	-717 068
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	463	702		252
Tax Increase Decrease From Other Tax Effects Tax Reconciliation		118 495	76 932	67 388	38 386
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-596 989	44 321	159 036	373 974	670 623
Total Assets Less Current Liabilities	8 761 673	7 375 718	6 141 921	6 880 086	9 240 997
Total Deferred Tax Expense Credit	10 904	45 574		393 974	163 653
Total Increase Decrease From Revaluations Property Plant Equipment		-264 222
Total Operating Lease Payments	283 050	297 169	193 519	195 962	317 207
Trade Creditors Trade Payables	80 551	171 049	247 994	460 571	183 629
Trade Debtors Trade Receivables	134 120	101 879	71 115	227 229	181 566
Turnover Revenue	8 574 387	8 814 261	4 020 640	7 264 627	10 891 033
Wages Salaries	1 809 179	1 868 744	1 638 073	1 619 710	2 033 101

Company staff