ONE FLIGHT LIMITED
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Next accounts due
2027-02-28 (in 9mo)
Last filed for 2025-05-31
Confirmation statement due
2027-05-14 (in 1y)
Last made up 2026-04-30
Watchouts
Cash
£464K
+241.2% vs 2024
Net assets
£5M
+4.5% highest in 3 filed years
Employees
73
+12.3% vs 2024
Profit before tax
£1M
+7.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2025-05-31
| Metric | Trend | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £15,323,000 | £19,297,000 | |
| Operating profit | — | — | — | £1,182,000 | £1,410,000 | |
| Profit before tax | — | — | — | £1,187,000 | £1,281,000 | |
| Net profit | -£19,000,000 | — | — | £973,000 | £941,000 | |
| Cash | — | — | — | £136,000 | £464,000 | |
| Total assets less current liabilities | £4,217,000 | — | — | £6,022,000 | £5,712,000 | |
| Net assets | £3,292,000 | — | — | £5,097,000 | £5,328,000 | |
| Equity | £3,292,000 | £3,273,000 | £3,235,000 | £5,097,000 | £5,328,000 | |
| Average employees | — | — | — | 65 | 73 | |
| Wages | — | — | — | £2,264,000 | £2,563,000 | |
| Directors' remuneration | — | — | — | £393,000 | £363,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31
-
Turnover
+25.9%
£15,323,000 £19,297,000
-
Cash
+241.2%
£136,000 £464,000
-
Net assets
+4.5%
£5,097,000 £5,328,000
highest in 3 filed years
-
Employees
+12.3%
65 73
-
Operating profit
+19.3%
£1,182,000 £1,410,000
-
Profit before tax
+7.9%
£1,187,000 £1,281,000
-
Wages
+13.2%
£2,264,000 £2,563,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 7.7% | 7.3% | |
| Net margin | — | — | — | 6.3% | 4.9% | |
| Return on capital employed | — | — | — | 19.6% | 24.7% | |
| Current ratio | — | — | — | 2.06x | 1.57x | |
| Interest cover | — | — | — | 62.21x | 10.60x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Streets Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the Consolidated financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the Consolidated financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the Consolidated financial statements are authorised for issue.”
Group structure
- ONE FLIGHT LIMITED · parent
- Candlelight Products Limited 100%
Significant events
- “On 10th October 2025 the Company redeemed £360,000 preference shares.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WINCH, Benjamin Hew | Secretary | 2023-09-29 | — | — |
| CROSTHWAITE, Mark Wellesley | Director | 2009-02-09 | Apr 1963 | British |
| MAYO, Susan Elizabeth | Director | 2009-02-09 | Feb 1958 | British |
| WINCH, Benjamin Hew | Director | 2010-10-01 | Dec 1977 | British |
| WINCH, Michael | Director | 2009-02-09 | Oct 1947 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOND, Kenneth Andrew | Secretary | 2018-12-20 | 2023-09-29 |
| MAXFIELD, Christopher Colin | Secretary | 2009-02-09 | 2018-12-20 |
| BOND, Kenneth Andrew | Director | 2018-12-20 | 2023-09-29 |
| FREEDMAN, Michael | Director | 2009-05-11 | 2025-05-23 |
| MAXFIELD, Christopher Colin | Director | 2009-02-09 | 2018-12-20 |
| ROUND, Jonathon Charles | Director | 2009-02-03 | 2009-02-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Benjamin Hew Winch | Individual | Shares 25–50% | 2025-10-10 | Ceased 2026-04-17 |
| Mr Bill Adderley | Individual | Shares 50–75% | 2016-04-06 | Ceased 2025-01-21 |
| Mr Michael Winch | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 97 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-13 RESOLUTIONS Resolution
- 2025-11-04 MA Memorandum articles
- 2025-01-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-28 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-16 | AA | accounts | Accounts with accounts type full | |
| 2025-11-13 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-07 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2025-11-04 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-11-04 | MA | incorporation | Memorandum articles | |
| 2025-11-04 | SH08 | capital | Capital name of class of shares | |
| 2025-11-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-03 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-09 | SH03 | capital | Capital return purchase own shares | |
| 2025-02-07 | AA | accounts | Accounts with accounts type full | |
| 2025-01-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-28 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2025-01-28 | SH06 | capital | Capital cancellation shares | |
| 2025-01-28 | SH08 | capital | Capital name of class of shares | |
| 2025-01-28 | SH10 | capital | Capital variation of rights attached to shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 8
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.