RRPF ENGINE LEASING LIMITED
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Cash
£49M
USD 65,927,000
-10.3% vs 2023
Net assets
£540M
USD 722,318,000
+15.5% vs 2023
Employees
0
Average over period
Profit before tax
£107M
USD 143,161,000
-2.3% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £237,041,190 | £261,166,181 | +10.2% | |
| Operating profit | £177,485,236 | £171,626,673 | -3.3% | |
| Profit before tax | £109,591,089 | £107,020,259 | -2.3% | |
| Net profit | £86,339,239 | £82,043,807 | -5% | |
| Cash | £54,970,472 | £49,283,845 | -10.3% | |
| Total assets less current liabilities | £1,979,327,203 | £2,304,855,349 | +16.4% | |
| Net assets | £467,644,464 | £539,970,098 | +15.5% | |
| Equity | £467,644,464 | £539,970,098 | +15.5% | |
| Average employees | 0 | 0 | — | |
| Wages | — | — | — | |
| Directors' remuneration | £0 | £0 | — |
Figures converted to GBP from USD at 0.748 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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 74.9% | 65.7% | |
| Net margin | 36.4% | 31.4% | |
| Return on capital employed | 9.0% | 7.4% | |
| Gearing (liabilities / total assets) | 77.8% | 79.0% | |
| Current ratio | 1.25x | 0.85x | |
| Interest cover | 2.30x | 2.45x |
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.
Name history
Renamed 1 time since incorporation
- RRPF ENGINE LEASING LIMITED 1992-04-09 → present
- ALNERY NO. 1147 LIMITED 1991-12-12 → 1992-04-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have considered the application of the going concern basis of accounting and believe that, for the foreseeable future (...), the Company will have adequate resources to meet its liabilities as they fall due.”
Significant events
- “The Company closed the year with an engine operating lease portfolio of 228 engines (2023: 209 engines), acquired 33 engines (2023: 13 engines), disposed 5 engines (2023: 12 engines).”
- “The Company closed the year with an engine finance lease portfolio of 66 engines (2023: 52 engines), having acquired 8 (2023: 30 engines) engines for the purpose of letting under finance leases.”
- “The Company saw an increase in revenue driven by increase in the size of its engine portfolio, along with higher lease rental factors and shorter remarketing gaps driven by higher market demand.”
- “The Directors declared interim dividends for the year totalling $130,000 per ordinary share (2023: $nil).”
- “Subsequent to the balance sheet date, the Group issued loan notes of $265,000,000 with maturity dates between 2027 and 2032. Additionally, the revolving credit facility has been extended by a further year to 28 June 2028.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| URTSEVA, Maria | Secretary | 2019-12-12 | — | — |
| HUGHES, Benjamin Patrick | Director | 2024-12-20 | May 1981 | British |
| RAUNIYAR, Saahas Shuddh | Director | 2024-02-01 | May 1984 | British |
| WHIDDETT, Oliver Andrew | Director | 2024-12-20 | Jun 1976 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARUNDELL, Mark Richard Harris | Secretary | 1995-09-06 | 2002-04-26 |
| ASHFIELD, John Richard | Secretary | 1998-05-01 | 2004-03-16 |
| GOMA, Delrose Joy | Secretary | 2004-09-27 | 2014-03-19 |
| JACKSON, Christopher Hollingsworth | Secretary | 2004-06-25 | 2011-09-14 |
| JOHNSON, Rachel | Secretary | 2018-06-27 | 2019-12-12 |
| OGLE, Malcolm Hugh Melvin | Secretary | 1992-05-29 | 1995-04-30 |
| PEACOCK, Benjamin Andrew | Secretary | 2012-04-05 | 2018-06-27 |
| SCARROTT, Adam | Secretary | 2002-04-26 | 2004-06-25 |
| WEST, Alan Edward | Secretary | 1997-12-02 | 1998-04-30 |
| ALNERY INCORPORATIONS NO 1 LIMITED | Corporate Nominee Secretary | 1991-12-09 | 1992-05-29 |
| ROLLS-ROYCE SECRETARIAT LIMITED | Corporate Secretary | 2014-03-19 | 2015-08-31 |
| ARUNDELL, Mark Richard Harris | Director | 2002-04-26 | 2007-05-25 |
| BRADY, Mark | Director | 2008-04-21 | 2019-05-31 |
| COWDRY, Miles Adrian | Director | 1992-05-26 | 1998-12-23 |
| DIX, Marcus Paul | Director | 2021-03-29 | 2023-02-13 |
| GARRETT, Mark | Director | 2004-11-08 | 2020-09-15 |
| GOLDSWORTHY, Nigel Timothy | Director | 2004-11-08 | 2008-04-21 |
| HARVEY, James Edward | Director | 2019-06-18 | 2021-03-19 |
| JANAGAN, Balasundarampillai | Director | 2020-09-15 | 2024-02-01 |
| KOLK, Martin Hendrik | Director | 1992-05-29 | 1995-04-30 |
| OGLE, Malcolm Hugh Melvin | Director | 1992-05-29 | 1995-04-30 |
| POWERS, William Theodore | Director | 1995-09-06 | 2002-12-31 |
| PRINCE, Edward Peter Charles | Director | 2023-03-10 | 2024-12-20 |
| SPALDING, Simon Peter Andrew | Director | 1997-09-11 | 2002-04-26 |
| WILSON, Hylda Irene | Director | 2002-04-26 | 2008-04-21 |
| WOLFE, Kyle Anne | Director | 1992-05-29 | 1995-04-30 |
| ALNERY INCORPORATIONS NO 1 LIMITED | Corporate Nominee Director | 1991-12-09 | 1992-05-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rolls-Royce & Partners Finance Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 695 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-05-05 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-01-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-01-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-15 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2025-12-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.