Hq Aviation Ltd

HQ Aviation Ltd, based in Beaconsfield, UK, is a small, active company founded 14 years ago. With 21 employees and £1,545,306 in assets, it operates from a virtual address and is led by two directors and a solo founder. The company regularly imports aircraft, spacecraft, and their parts (43 months of activity), but exports irregularly (2 months). It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website reveals a multifaceted operation centered around helicopter training and sales. Founded by Quentin Smith, HQ Aviation offers a range of services, from introductory discovery flights to full private pilot licences and even commercial pilot training. It also provides type rating courses, night ratings, and self-fly hire options. Beyond training, the company offers helicopter sales, including new Robinson helicopters through its partnership with Global Rotors, and even specializes in rebuilding and restoring used helicopters. The site even highlights its ability to offer avionics upgrades and hangarage services. It’s a lot to take in!

Financially, HQ Aviation Ltd shows a mixed picture. Current assets have decreased by 5%, dropping to £1,500,000, while net assets have increased by 22%, reaching £760,000. Bank borrowings have spiked significantly, jumping 2,400% to £32,000, and cash reserves have plummeted 96%, leaving just £8,400. Creditors have decreased by 18%, suggesting improved debt management. Trade debtors have increased by 27%, which could indicate a need for closer monitoring of customer payments. The company’s small size allows for agility, but the sharp drop in cash reserves warrants attention. No auditor is mentioned, which is typical for a small company exempt from an audit.

Overall, HQ Aviation Ltd appears to be navigating a period of change. While its diverse range of services and focus on helicopter expertise are strengths, the financial data suggests a need for careful management of cash flow and debt. The company's future will likely depend on its ability to maintain its reputation for quality training and sales while addressing these financial challenges.

Registered in England/Wales under the registration number 07587658, with a registered address at HP9 1NB, United Kingdom, Beaconsfield, Buckinghamshire, 22 Wycombe End.

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