Heli Air Limited in Warwick, CV35 9EU

Description

Data updated on: 01-11-2023

This business is known under the name of Heli Air Limited. The company first started thirty eight years ago and was registered under 02028932 as its registration number. This particular headquarters of this firm is situated in Warwick. You can reach it at Wellesbourne Airfield Loxley Lane, Wellesbourne. The company's classified under the NACE and SIC code 52230, that means Service activities incidental to air transportation. The firm's most recent annual accounts describe the period up to Saturday 31st December 2022 and the most recent confirmation statement was filed on Monday 12th December 2022.

Council Department for Transport can be found among the counter parties that cooperate with the company. In 2014, this cooperation amounted to at least 21,591 pounds of revenue. In 2013 the company had 41 transactions that yielded 35,750 pounds. In total, transactions conducted by the company since 2012 amounted to £61,046. Cooperation with the Department for Transport council covered the following areas: Training.

We have a number of seven directors running the company at the moment, namely Richard P., Deborah T., Brian K. and 4 other directors have been described below who have been utilizing the directors responsibilities since April 2015. To provide support to the directors, the abovementioned company has been utilizing the skills of Stephen B. as a secretary for the last eighteen years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	246 459	162 877	16 576	755 614
Current Assets	4 294 471	4 699 992	6 141 478	5 056 976
Debtors	1 266 273	1 648 370	2 731 179	1 096 244
Net Assets Liabilities	2 039 272	2 079 409	1 631 639	1 322 764
Other Debtors	196 817	198 623	895 922	700 009
Property Plant Equipment	903 295	1 034 415	1 115 034	1 069 171
Total Inventories	2 781 739	2 888 745	3 393 723	3 205 118

Other Financial Data
Audit Fees Expenses	10 000	10 000
Fees For Non-audit Services	7 992	6 149
Director Remuneration	486 618	538 309
Accrued Income	260 000	261 584
Accrued Liabilities Deferred Income	598 328	563 120
Accumulated Amortisation Impairment Intangible Assets	99 477	147 635	270 126	338 609
Accumulated Depreciation Impairment Property Plant Equipment	1 762 758	1 834 567	2 038 210	2 165 069
Additional Provisions Increase From New Provisions Recognised		29 377
Administrative Expenses	1 300 281	1 490 499
Amortisation Expense Intangible Assets	1 796	1 797
Amounts Owed By Group Undertakings	156 298	596 506	1 049 582
Amounts Owed To Group Undertakings	21 893	36 650	188 741	748 107
Average Number Employees During Period	58	53	51	45
Bank Borrowings	100 625	110 625	2 505 853	1 981 383
Bank Borrowings Overdrafts	375 364	851 406	2 323 021	1 439 070
Bank Overdrafts	720 429	782 734	377 024
Cost Sales	5 774 150	5 129 700
Creditors	661 469	1 451 663	2 414 138	1 439 070
Deferred Tax Liabilities	110 135	139 512
Depreciation Expense Property Plant Equipment	64 248	71 809
Distribution Costs	140 061	147 065
Finance Lease Liabilities Present Value Total	286 105	300 257	91 117	48 446
Finished Goods	2 659 196	2 754 506
Fixed Assets	1 147 064	1 393 539	1 371 887	1 257 541
Future Minimum Lease Payments Under Non-cancellable Operating Leases	102 872
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	41 380	10 515
Gain Loss On Disposals Property Plant Equipment	18
Gross Profit Loss	1 557 621	1 661 897
Increase From Amortisation Charge For Year Intangible Assets		48 158		68 483
Increase From Depreciation Charge For Year Property Plant Equipment		71 809		126 859
Intangible Assets	243 769	359 124	256 853	188 370
Intangible Assets Gross Cost	343 246	506 759	526 979
Interest Expense On Bank Loans Similar Borrowings	40 839	24 553
Interest Expense On Loan Capital		2 507
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	18 710	22 918
Interest Payable Similar Charges Finance Costs	59 549	49 978
Net Current Assets Liabilities	1 663 812	2 277 045	2 839 643	1 670 507
Number Shares Issued Fully Paid		2 999 540
Operating Profit Loss	117 279	24 333
Other Creditors			1 668 363	1 381 812
Other Deferred Tax Expense Credit	-9 973	-65 782
Other Remaining Borrowings		300 000
Other Taxation Social Security Payable	55 219	44 328	85 088	172 121
Par Value Share		0
Pension Other Post-employment Benefit Costs Other Pension Costs	49 752	50 605
Prepayments	225 761	203 255
Profit Loss	67 703	40 137
Profit Loss On Ordinary Activities Before Tax	57 730	-25 645
Property Plant Equipment Gross Cost	2 666 053	2 868 982	3 153 244	3 234 240
Provisions	110 135	139 512
Provisions For Liabilities Balance Sheet Subtotal	110 135	139 512	165 753	166 214
Social Security Costs	161 848	171 514
Staff Costs Employee Benefits Expense	742 533	810 157
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-9 973	-65 782
Total Additions Including From Business Combinations Intangible Assets		163 513
Total Additions Including From Business Combinations Property Plant Equipment		202 929		80 996
Total Assets Less Current Liabilities	2 810 876	3 670 584	4 211 530	2 928 048
Total Borrowings	821 054	893 359	3 017 673	2 029 829
Total Operating Lease Payments	151 324	129 370
Trade Creditors Trade Payables	970 437	684 542	756 108	493 670
Trade Debtors Trade Receivables	368 266	234 112	785 675	396 235
Turnover Revenue	7 331 771	6 791 597
Wages Salaries	530 933	588 038
Work In Progress	122 543	134 239