How much does Alternative Airlines Limited make?

Alternative Airlines Limited reported revenue of £19.7m and £5.4m profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

Is Alternative Airlines Limited profitable?

Yes — Alternative Airlines Limited reported a profit of £5.4m in the year to 31 Oct 2025.

Company No. 02885223 · Incorporated 6 Jan 1994

Alternative Airlines Limited

Registered name: ALTERNATIVE AIRLINES LIMITED

Alternative Airlines Limited made £19.7m revenue and £5.4m profit in the year to 31 Oct 2025.

Alternative Airlines Limited’s revenue grew 10% to £19.7m in the year to 31 Oct 2025, with £5.4m profit. The company is classified under “travel agency activities” and is based in Horley; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 79110Travel agency activities

Status: Active
Location: Horley, South East
Age: 32 yrs · since 1994
Type: Private Limited Company

Latest accounts · year to 31 Oct 2025

Key figures

IndependentOperating leverage

Revenue

£19.7m

Growth ▲9.8%

Profit

£5.4m

Growth ▲32.5%

Profit margin

27.5%

Gross 75.5%

Employees

—

Change —

Profit / employee

—

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&Lread from filing text	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£67.9m	£16.8m	£18m	£19.7m
Cost of sales	£52m	−£5.4m	−£5.1m	−£4.8m
Gross profit	£15.9m	£11.4m	£12.9m	£14.9m
Operating profit	£8.3m	£6.9m	£5.3m	£6.9m
Profit before tax	£8.3m	£6.9m	£5.5m	£7.2m
Profit after tax	£7.1m	£5.5m	£4.1m	£5.4m
Profit (best available)	£7.1m	£5.5m	£4.1m	£5.4m
Employees (average)	70	106	—	—
Ratios
Profit margin	10.4%	32.8%	22.8%	27.5%
Gross margin	23.4%	67.7%	71.8%	75.5%
Revenue per employee	£970k	£159k	—	—
Profit per employee	£101k	£52k	—	—
Growth (year on year)
Revenue growth	—	▼75.3%	▲6.9%	▲9.8%
Profit growth	—	▼22.2%	▼25.7%	▲32.5%
Headcount growth	—	▲51.4%	—	—
Balance sheet — indirect signals, not revenue
Cash at bank	£13.1m	£12.9m	—	—
Net assets	£6.7m	£9.2m	—	—
Fixed assets	£41.2k	£115k	—	—
Current assets	£14.5m	£15.6m	—	—
Debtors	£724k	£741k	—	—
Deferred income	£3.2m	£5.2m	—	—
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	Accounts · bulk data Apr 2025	Accounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 27.5%; Profit ÷ revenue.
Gross margin: 75.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (1)

Flight Directors Scheduled Services LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Oct 2025 (profit £5.4m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.

Updated from Companies House on 11 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.