Stratos Aviation Limited in London, EC3V 3QQ

Description

Data updated on: 01-11-2023

The enterprise named Stratos Aviation was registered on 2014-01-17 as a Private Limited Company. This company's head office can be found at London on 73 Cornhill. Assuming you need to get in touch with this business by post, its postal code is EC3V 3QQ. The official registration number for Stratos Aviation Limited is 08850269. This firm has a history in registered name changing. Up till now the company had two other names. Before 2023 the company was run as Magi Aviation Capital and before that the registered company name was Magi Partners. This company's declared SIC number is 82990 meaning Other business support service activities not elsewhere classified. 2023-03-31 is the last time when account status updates were reported.

In order to be able to match the demands of their clientele, this particular firm is constantly taken care of by a number of two directors who are David G. and Neil L.. Their constant collaboration has been of critical use to this firm since March 2023.

Previous company's names
Stratos Aviation Limited 2023-06-14
Magi Aviation Capital Limited 2017-09-20
Magi Partners Limited 2014-01-17

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	480 642	779 355

Balance Sheet
Cash Bank On Hand		1 166 427	150 486	2 280 531	2 050 038	1 253 407	646 276	644 607	206 438
Current Assets	809 986	1 471 611	449 175	2 686 174	2 301 947	1 611 231	993 835	989 047	2 565 746
Debtors	9 137	305 184	298 689	405 643	251 909	357 824	347 559	344 440	2 359 308
Net Assets Liabilities					2 332 312	1 646 006	1 037 549	448 971	2 480 317
Other Debtors		24	1 852	95 211	57 023	12 174	32 270	7 629	2 247 773
Property Plant Equipment		2 945	2 096	3 955	6 651	19 621	16 160	11 672	7 703
Cash Bank In Hand	800 849	1 166 427
Tangible Fixed Assets	3 012	2 945

Capital & Reserves
Called Up Share Capital	12	34
Profit Loss Account Reserve	480 630	779 321
Shareholder Funds	480 642	779 355

Other Financial Data
Accrued Liabilities Deferred Income					12 628	17 870	104 969	119 357	146 678
Accumulated Depreciation Impairment Property Plant Equipment		1 300	2 149	2 998	4 752	8 149	13 000	18 040	23 361
Additions Other Than Through Business Combinations Property Plant Equipment						16 367	1 390	552	1 352
Administrative Expenses							950 974	751 704	1 101 992
Amounts Owed By Related Parties		305 160	296 837	310 432	194 886
Amounts Owed To Group Undertakings		909	909	902	901	78 264	78 264	649 816	553 516
Average Number Employees During Period					7	9	7	6	7
Called Up Share Capital Not Paid					24	25	25	25	25
Capital Reduction Decrease In Equity						3 940
Cash Cash Equivalents				2 280 531	2 050 038	1 253 407	646 276	2 050 388	436 719
Cash Cash Equivalents Cash Flow Value							646 276	644 607	206 438
Comprehensive Income Expense							-338 499	921 618	1 129 723
Corporation Tax Payable		308 918	-130 390	392 586	77 753		25 213	139 470	263 490
Corporation Tax Recoverable						66 904	26 786
Cost Sales							160 440	157 658	371 118
Creditors		696 111	-106 386	475 846	128 407	108 375	89 623	662 727	561 084
Current Tax For Period							25 213	137 409	263 490
Dividends Paid Classified As Financing Activities					-1 376 197	-906 254	-318 762	-532 500	-462 720
Dividends Paid To Non-controlling Interests Classified As Financing Activities							-122 931	-71 481	-74 443
Dividends Paid To Owners Parent Classified As Financing Activities							-318 762	-532 500	-462 720
Dividends Received Classified As Investing Activities					-45 857		-122 931	-71 481	-1 877 802
Fixed Assets	3 012	3 854	3 005	4 866	158 772	171 742	168 354	163 866	523 908
Further Item Cash Flow From Used In Investing Activities Component Net Cash Flows From Used In Investing Activities							-24 240	-23 094	-28 939
Further Item Creditors Component Total Creditors						28 592	216 368	41 215	48 253
Further Item Dividend Income Component Total Dividend Income								23 094	23 094
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss									112 231
Further Item Tax Increase Decrease Component Adjusting Items							-2 564		1 601
Gross Profit Loss							579 638	1 779 154
Income Taxes Paid Refund Classified As Operating Activities							9 721	5 235	-141 071
Increase Decrease In Current Tax From Adjustment For Prior Periods							-30 129		1 601
Increase From Depreciation Charge For Year Property Plant Equipment			849	849	1 754	3 397	4 851	5 040	5 321
Interest Income On Bank Deposits							2 063	1 808	1 605
Interest Received Classified As Investing Activities						-10 045	-8 540	-2 728	-165
Investments					152 121	152 121	152 194	152 194	516 205
Investments Fixed Assets		909	909	911	152 121	152 121	152 194	152 194	516 205
Investments In Associates					151 210	151 210	151 211	151 211	350 884
Investments In Subsidiaries					911	911	983	983	165 321
Issue Bonus Shares Decrease Increase In Equity					75 000
Issue Equity Instruments					75 000	3 940
Net Cash Generated From Operations							487 023	-430 388	1 488 053
Net Current Assets Liabilities	477 630	775 501	555 561	2 210 328	2 173 540	1 502 856	904 212
Net Finance Income Costs					57 371	114 704	131 471	74 209	1 877 967
Operating Profit Loss							-377 613	1 031 425
Other Cash Inflow Outflow Classified As Investing Activities						-10 045	-8 540
Other Creditors		381 070	5 400	26 987	14 222	100	2	75 810	-983
Other Interest Receivable Similar Income Finance Income							34 198	27 602	30 544
Pension Other Post-employment Benefit Costs Other Pension Costs					275 199	112 514	58 544	33 474	12 565
Percentage Class Share Held In Subsidiary						100	100	100
Prepayments Accrued Income					43 183	28 341	26 379	32 997	51 181
Profit Loss					1 493 315	219 948	-289 695	-56 078	2 494 066
Profit Loss On Ordinary Activities Before Tax							-343 415	1 059 027
Property Plant Equipment Gross Cost		4 245	4 245	6 953	11 403	27 770	29 160	29 712	31 064
Purchase Property Plant Equipment					-4 450	-16 367	-1 390	-552	-1 352
Social Security Costs					11 899	46 535	41 507	48 789
Staff Costs Employee Benefits Expense					444 039	581 233	491 315	513 949	773 045
Tax Decrease Increase From Effect Revenue Exempt From Taxation									7 580
Tax Increase Decrease From Effect Capital Allowances Depreciation							658	136	334
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss							686	1 955	5 721
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward							61 553	-65 897
Tax Tax Credit On Profit Or Loss On Ordinary Activities					342 315	26 786	-28 528	137 409	265 091
Total Additions Including From Business Combinations Property Plant Equipment				2 708	4 450
Total Assets Less Current Liabilities	480 642	779 355	558 566	2 215 194	2 332 312	1 674 598	1 072 566
Total Current Tax Expense Credit							-4 916	137 409	265 091
Trade Creditors Trade Payables		5 214	17 695	55 371	35 531	12 141	6 311	8 816	293
Trade Debtors Trade Receivables		1					45 587	95 300	68 622
Turnover Revenue							740 078	1 936 812
Wages Salaries					156 941	422 184	391 264	431 686	675 820
Creditors Due Within One Year	332 356	696 110
Number Shares Allotted	300	1 500
Par Value Share	1	1
Percentage Subsidiary Held		100
Share Capital Allotted Called Up Paid	3	3
Tangible Fixed Assets Additions		700
Tangible Fixed Assets Cost Or Valuation	3 545	4 245
Tangible Fixed Assets Depreciation	533	1 300
Tangible Fixed Assets Depreciation Charged In Period		767

Company staff

David G.

Role: Director

Appointed: 27 March 2023

Latest update: 12 April 2024

Neil L.

Role: Director

Appointed: 31 March 2016

Latest update: 12 April 2024

John S.

Role: Director

Appointed: 06 February 2015

Resigned: 31 March 2019

Latest update: 12 April 2024

Sean C.

Role: Director

Appointed: 06 February 2015

Resigned: 27 March 2023

Latest update: 12 April 2024

Peter V.

Role: Director

Appointed: 17 January 2014

Resigned: 30 June 2023

Latest update: 12 April 2024

People with significant control

Gary F. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Gary F.

Notified on 27 March 2023

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Sean C.

Notified on 13 January 2017

Ceased on 27 March 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Peter V.

Notified on 13 January 2017

Ceased on 27 March 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Lola V.

Notified on 13 January 2017

Ceased on 27 March 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Allison C.

Notified on 13 January 2017

Ceased on 19 January 2021

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 March 2023
Confirmation statement next due date	31 January 2024
Confirmation statement last made up date	17 January 2023

Annual Accounts 16 October 2015
Start Date For Period Covered By Report	2014-04-01
End Date For Period Covered By Report	2015-03-31
Date Approval Accounts	16 October 2015
Annual Accounts 21 October 2016
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	2016-03-31
Date Approval Accounts	21 October 2016
Annual Accounts
Start Date For Period Covered By Report	2016-04-01
End Date For Period Covered By Report	2017-03-31
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	2018-03-31
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Stratos Aviation Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

David G.

Neil L.

John S.

Sean C.

Peter V.

People with significant control

Gary F.

Sean C.

Peter V.

Lola V.

Allison C.

Accounts Documents

Company filings

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