ARP AFRICA TRAVEL LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Figures converted to GBP from USD at 0.759 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

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.

1. ARP AFRICA TRAVEL LIMITED 2020-10-02 → present
2. ALPHA TRAVEL (U.K) LIMITED 1992-05-20 → 2020-10-02
3. ALPHA SAFARI CONSULTANTS LIMITED 1991-03-26 → 1992-05-20
4. DARREN COURT LIMITED 1991-03-11 → 1991-03-26

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

PSJ Alexander & Co

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the 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 company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Management is closely monitoring the ongoing geopolitical situation, including the Middle-East conflict. At present, it is not possible to anticipate the full impact of these developments on the Company's operations and financial performance, particularly on the upcoming peak season (June to September).This uncertainty is primarily driven by potential fluctuations in air travel demand, flight capacity, fuel prices, and most importantly traveller confidence, as influenced by the ongoing conflict.”
• “The Company advanced additional loans of $2.81m to its immediate parent undertaking, Africa Travel Investments Limited ("ATIL"), subsequent to the reporting date and prior to the approval of these financial statements. The loans form part of the ongoing funding arrangements within the Group and are on the same terms as the existing loan agreements.”
• “Subsequent to the reporting date, Africa Adventures Bidco Limited ("Bidco"), an intermediate parent undertaking, failed to deliver its consolidated financial statements to the lenders by the contractual deadline of 30 April 2026, as required under the terms of the bank loan facilities. The Company is not a borrower under the loan facilities, but has provided a corporate guarantee in respect to the Group's borrowings. At the date of approval of these financial statements, formal confirmation had not been received from the lenders that an extension to the reporting deadline has been granted. Management note that the directors of ATIL are in ongoing dialogue with the lending banks and do not expect the delayed submission by Bidco to result in any enforcement action or a call on the Company's guarantee. Accordingly, this matter is considered a non-adjusting event after the reporting date, and no adjustment has been made to these financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.