Company No. 15594321 · Incorporated 26 Mar 2024
Baltic Air Ltd
Registered name: BALTIC AIR LTD
Baltic Air Ltd made £164k revenue and £67 profit in the year to 31 Mar 2025.
Baltic Air Ltd’s revenue was £164k in the year to 31 Mar 2025, with £67 profit and 0 employees. The company is classified under “construction of domestic buildings” and is based in Romford.
Full profit & loss filedSection F · ConstructionSIC 41202Construction of domestic buildingsSIC 43220Plumbing, heat and air-conditioning installation
- Status
- Active
- Location
- Romford, London
- Age
- 2 yrs · since 2024
- Type
- Private Limited Company
Latest accounts · year to 31 Mar 2025
Key figures
IndependentSmall teamCapital-lightYoung and profitable
Revenue
£164k
Growth —
Profit
£67
Growth —
Profit margin
0%
Employees
0
Change —
Profit / employee
—
Profitable streak
1yr
Consecutive profitable years in our data
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
1 filed year
Financial history
| Year to | 31 Mar 2025 |
|---|---|
| Disclosure | Profit & loss |
| Profit & loss | |
| Revenue (turnover) | £164k |
| Profit after tax | £67 |
| Profit (best available) | £67 |
| Staff costs | £35k |
| Employees (average) | 0 |
| Ratios | |
| Profit margin | 0% |
| Balance sheet — indirect signals, not revenue | |
| Net assets | £67 |
| Fixed assets | £66 |
| Current assets | £67 |
| Source | FullAccounts · bulk data Nov 2025 |
Derived from the latest filing
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- —
- 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
- 0%
- 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 £67
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £66
Same industry, similar size
Similar profitable businesses
- VVS Builders LtdNorthampton · Construction of domestic buildings
- Revenue
- £165k
- Profit
- £10.8k
- Staff
- 0
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- Revenue
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- Profit
- £3.8k
- Staff
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- S&L Bath & Tiles Co LimitedLingfield · Construction of domestic buildings
- Revenue
- £166k
- Profit
- £4.7k
- Staff
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- Kingsdown Property Services LtdSouthampton · Construction of domestic buildings
- Revenue
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- Profit
- £32.2k
- Staff
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- Convert a Roof LtdMirfield · Construction of domestic buildings
- Revenue
- £171k
- Profit
- £4.3k
- Staff
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- Argyll Properties Scotland LimitedTobermory · Construction of domestic buildings
- Revenue
- £156k
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £67), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.