Ascend Airways Limited

Ascend Airways Ltd from Bishop's Stortford UK: a small, active company founded 20 years ago, employs 11 people, and holds £3,690,973 in assets. It has a real address, two directors, and one owner. The company regularly imports furniture, lighting, and prefabricated buildings – a consistent pattern over the last 14 months, with the most recent import in February 2025. It also occasionally exports aircraft, spacecraft, and their parts, though this activity has been irregular, occurring only for two months, with the last export also in February 2025.

Ascend Airways operates as a passenger air transport business, and its website reveals a focus on ACMI (Aircraft, Crew, Maintenance, and Insurance) air charter services. It connects Great Britain to the world, utilizing a fleet of Boeing aircraft – including the 737-800 and the newer 737 MAX 8. The company emphasizes safety, trustworthiness, and reliability, and is part of the Avia Solutions Group, a global aviation network. It also provides services like training, crew control, and career opportunities.

The company’s financial picture presents a mixed bag. While current assets have increased significantly to £3,700,000, net assets have dramatically increased to £3,000,000. Bank borrowings have surged by 2400% to £29,000, and cash reserves have fallen by 30% to £28,000. Creditors decreased by 18%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows it to be agile. No auditor is mentioned, likely due to its small size.

The company’s focus on ACMI services and its connection to a larger global network suggest a strategic approach to the competitive airline industry. The recent expansion of its fleet with a Boeing 737 MAX 8 and the conditional air service permit in Malaysia indicate ambitions for growth, but the financial pressures—particularly the increased borrowings—require close monitoring.

Registered in England/Wales under the registration number 05228762, with a registered address at CM23 1JG, England, Bishop's Stortford, The Victoria Barn, Wickham Hall, Hadham Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.