Midland Helicopters Limited
- Small
- Active
- 20 years
- 4 employees
- £253,313 (assets)
- Virtual address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Midland Helicopters Limited, based in Hinckley, UK, is a small, active family business founded 20 years ago. With four employees and £253,313 in assets, it operates from a virtual address – a detail worth noting as eighteen companies share the same location. Two directors and two owners manage the company, which has been regularly importing and exporting toys, games, and sports equipment for 55 months and 3 months respectively.
The company’s website, East Midlands Helicopters, showcases a different side of the business: helicopter charter and training. With over 30 years of experience and an extensive fleet, they offer pleasure flights, tours, and even aircraft management services. They are also selling a 2005 R22 Beta II helicopter, indicating a potential need for capital. The company operates from Oaklands, Loughborough Road, Costock, Leicestershire, and holds an Air Operator Certificate.
Financially, Midland Helicopters Limited presents a mixed picture. While cash bank on hand increased by 45% to £21,000, net assets declined by 43% to £17,000. Bank borrowings have decreased significantly, dropping 71% to £4,100, and bank overdrafts have fallen by 49% to £69,000. Creditors have increased by 170%, and trade debtors have decreased by 19%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in equity is a concern. With no auditor mentioned, the unaudited figures rely on director-reported data.
Overall, Midland Helicopters Limited seems to be navigating a period of change. The helicopter charter business appears robust, but the financial figures suggest a need for careful management and potentially some adjustments to the business model.
Registered in England/Wales under the registration number 05362937, with a registered address at LE10 1QU, Hinckley, Leicestershire, Office 17 The Atkins Building, Lower Bond Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 2 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 18 years
-
Resident of United Kingdom
-
Individual
- 20 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Total exemption full accounts made up to 2024-12-31Download 7 pages pdf report
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Confirmation statement made on 2025-02-14 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 7 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Midland Helicopters Limited
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