pioneer flying company limited
pioneer flying company limited Company Information
Company Number
SC160218
Next Accounts
Jun 2025
Shareholders
gerry hilferty
mikchael west
View AllGroup Structure
View All
Industry
Other amusement and recreation activities
Registered Address
131 south beach, troon, KA10 6EH
Website
-pioneer flying company limited Estimated Valuation
Pomanda estimates the enterprise value of PIONEER FLYING COMPANY LIMITED at £309.6k based on a Turnover of £508.1k and 0.61x industry multiple (adjusted for size and gross margin).
pioneer flying company limited Estimated Valuation
Pomanda estimates the enterprise value of PIONEER FLYING COMPANY LIMITED at £0 based on an EBITDA of £-27.5k and a 3.08x industry multiple (adjusted for size and gross margin).
pioneer flying company limited Estimated Valuation
Pomanda estimates the enterprise value of PIONEER FLYING COMPANY LIMITED at £16.6k based on Net Assets of £9.1k and 1.84x industry multiple (adjusted for liquidity).
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Pioneer Flying Company Limited Overview
Pioneer Flying Company Limited is a live company located in troon, KA10 6EH with a Companies House number of SC160218. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in September 1995, it's largest shareholder is gerry hilferty with a 4.3% stake. Pioneer Flying Company Limited is a mature, small sized company, Pomanda has estimated its turnover at £508.1k with rapid growth in recent years.
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Pioneer Flying Company Limited Health Check
Pomanda's financial health check has awarded Pioneer Flying Company Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £508.1k, make it larger than the average company (£371.1k)
- Pioneer Flying Company Limited
£371.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 206%, show it is growing at a faster rate (7.2%)
- Pioneer Flying Company Limited
7.2% - Industry AVG
Production
with a gross margin of 35.3%, this company has a higher cost of product (62.4%)
- Pioneer Flying Company Limited
62.4% - Industry AVG
Profitability
an operating margin of -5.4% make it less profitable than the average company (9.2%)
- Pioneer Flying Company Limited
9.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (10)
- Pioneer Flying Company Limited
10 - Industry AVG
Pay Structure
on an average salary of £19.1k, the company has an equivalent pay structure (£19.1k)
- Pioneer Flying Company Limited
£19.1k - Industry AVG
Efficiency
resulting in sales per employee of £127k, this is more efficient (£56.1k)
- Pioneer Flying Company Limited
£56.1k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (11 days)
- Pioneer Flying Company Limited
11 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Pioneer Flying Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pioneer Flying Company Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pioneer Flying Company Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.9%, this is a higher level of debt than the average (34%)
82.9% - Pioneer Flying Company Limited
34% - Industry AVG
PIONEER FLYING COMPANY LIMITED financials
Pioneer Flying Company Limited's latest turnover from September 2023 is estimated at £508.1 thousand and the company has net assets of £9.1 thousand. According to their latest financial statements, we estimate that Pioneer Flying Company Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 33,058 | 35,589 | 25,948 | 25,416 | 33,497 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | 33,058 | ||||||||||||||
| Admin Expenses | 33,270 | ||||||||||||||
| Operating Profit | -212 | ||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -212 | -227 | -2,078 | -6,704 | 5,171 | ||||||||||
| Tax | -375 | 1,034 | -1,034 | ||||||||||||
| Profit After Tax | -587 | -227 | -1,044 | -6,704 | 4,137 | ||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -587 | -227 | -1,044 | -6,704 | 4,137 | ||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 888 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,415 | 5,515 | 6,615 | 7,715 | 8,815 | 9,915 | 11,016 | 1,366 | 1,820 | 2,427 | 3,236 | 4,315 | 5,753 | 7,671 | 10,228 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 4,415 | 5,515 | 6,615 | 7,715 | 8,815 | 9,915 | 11,016 | 1,366 | 1,820 | 2,427 | 3,236 | 4,315 | 5,753 | 7,671 | 10,228 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 48,623 | 30,834 | 49,947 | 1,580 | 1,518 | 1,662 | 861 | 861 | 723 | 2,573 | 2,056 | 3,898 | 1,606 | 2,594 | 2,037 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 200 | 840 | 1,215 | 1,215 | 7,397 | 4,473 | |||||||||
| Cash | 42,408 | 39,034 | 39,364 | 30,449 | 33,226 | 44,084 | 48,193 | 41,589 | 34,780 | 30,810 | 24,417 | 14,737 | |||
| misc current assets | |||||||||||||||
| total current assets | 48,623 | 31,034 | 49,947 | 43,988 | 41,392 | 42,241 | 32,525 | 41,484 | 49,280 | 50,766 | 43,645 | 38,678 | 32,416 | 27,011 | 16,774 |
| total assets | 53,038 | 36,549 | 56,562 | 51,703 | 50,207 | 52,156 | 43,541 | 42,850 | 51,100 | 53,193 | 46,881 | 42,993 | 38,169 | 34,682 | 27,002 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 17,309 | 1,174 | 2,100 | 2,068 | 1,047 | 2,419 | 13,140 | 9,825 | 7,524 | 1,747 | 2,516 | 2,046 | |||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 10,905 | 11,341 | 3,062 | 1,817 | 1,991 | ||||||||||
| total current liabilities | 17,309 | 12,079 | 13,441 | 5,130 | 2,864 | 4,410 | 13,140 | 9,825 | 7,524 | 1,747 | 2,516 | 2,046 | |||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 43,982 | 22,212 | |||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 43,982 | 22,212 | |||||||||||||
| total liabilities | 43,982 | 22,212 | 17,309 | 12,079 | 13,441 | 5,130 | 2,864 | 4,410 | 13,140 | 9,825 | 7,524 | 1,747 | 2,516 | 2,046 | |
| net assets | 9,056 | 36,549 | 34,350 | 34,394 | 38,128 | 38,715 | 38,411 | 39,986 | 46,690 | 40,053 | 37,056 | 35,469 | 36,422 | 32,166 | 24,956 |
| total shareholders funds | 9,056 | 36,549 | 34,350 | 34,394 | 38,128 | 38,715 | 38,942 | 39,986 | 46,690 | 40,053 | 37,056 | 35,469 | 36,422 | 32,166 | 24,956 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -212 | ||||||||||||||
| Depreciation | 1,100 | 1,100 | 1,100 | 1,350 | 455 | 607 | 809 | 1,079 | 1,438 | 2,557 | 3,409 | ||||
| Amortisation | |||||||||||||||
| Tax | -375 | 1,034 | -1,034 | ||||||||||||
| Stock | |||||||||||||||
| Debtors | 17,589 | -18,913 | 48,367 | -778 | -519 | 801 | -6,182 | 3,062 | 2,623 | 517 | -1,842 | 2,292 | -988 | 557 | 2,037 |
| Creditors | -17,309 | 16,135 | -926 | 32 | 1,021 | -1,372 | -10,721 | 3,315 | 2,301 | 5,777 | -769 | 470 | 2,046 | ||
| Accruals and Deferred Income | 43,982 | -22,212 | 22,212 | -10,905 | -436 | 8,279 | 1,245 | -174 | 1,991 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -330 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 2,500 | ||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -42,408 | 3,374 | -330 | 8,915 | -2,777 | -10,858 | -4,109 | 6,604 | 6,809 | 3,970 | 6,393 | 9,680 | 14,737 | ||
| overdraft | |||||||||||||||
| change in cash | -42,408 | 3,374 | -330 | 8,915 | -2,777 | -10,858 | -4,109 | 6,604 | 6,809 | 3,970 | 6,393 | 9,680 | 14,737 |
pioneer flying company limited Credit Report and Business Information
Pioneer Flying Company Limited Competitor Analysis
Perform a competitor analysis for pioneer flying company limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in KA10 area or any other competitors across 12 key performance metrics.
pioneer flying company limited Ownership
PIONEER FLYING COMPANY LIMITED group structure
Pioneer Flying Company Limited has no subsidiary companies.
Ultimate parent company
PIONEER FLYING COMPANY LIMITED
SC160218
pioneer flying company limited directors
Pioneer Flying Company Limited currently has 8 directors. The longest serving directors include Mr Nicholas Sibley (Sep 1995) and Mr David Shepherd (Jun 1996).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Sibley | 67 years | Sep 1995 | - | Director | |
| Mr David Shepherd | United Kingdom | 88 years | Jun 1996 | - | Director |
| Mr Colin Wilcock | United Kingdom | 80 years | Jul 2009 | - | Director |
| Mr Peter Tweed | 41 years | Feb 2017 | - | Director | |
| Mr David Armitt | 49 years | Feb 2017 | - | Director | |
| Mr William Wilson | 70 years | Jun 2019 | - | Director | |
| Mr Barry Flippence | Scotland | 50 years | Dec 2023 | - | Director |
| Ms Gillian Boston | 55 years | Dec 2023 | - | Director |
P&L
September 2023turnover
508.1k
+82%
operating profit
-27.5k
0%
gross margin
35.4%
-1.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
9.1k
-0.75%
total assets
53k
+0.45%
cash
0
0%
net assets
Total assets minus all liabilities
pioneer flying company limited company details
company number
SC160218
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
September 1995
age
30
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
131 south beach, troon, KA10 6EH
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
pioneer flying company limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to pioneer flying company limited.
pioneer flying company limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for PIONEER FLYING COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
pioneer flying company limited Companies House Filings - See Documents
| date | description | view/download |
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