AET UK LIMITED

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

• Turnover

  +13.2%

  £4,171,000 → £4,721,000

• Cash

  +88.5%

  £2,198,000 → £4,143,000

• Net assets

  -0.2%

  £121,440,000 → £121,226,000

• Employees

  -24%

  25 → 19

• Operating profit

  -171.8%

  £319,000 → -£229,000

• Profit before tax

  -101.4%

  £16,855,000 → -£243,000

• Wages

  +0.8%

  £1,392,000 → £1,403,000

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. AET UK LIMITED 2006-02-01 → present
2. AMERICAN EAGLE TANKERS UK LIMITED 2001-01-23 → 2006-02-01
3. INLAW TWO HUNDRED AND FIVE LIMITED 2000-06-16 → 2001-01-23

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed working capital requirements for future periods and consider that the Company has adequate resources to meet existing and future obligations as they fall due for a period ending 30 September 2026 from the date of approval of the financial statements, being the going concern period.”

Group structure

1. AET UK LIMITED · parent
   1. AET Sea Shuttle AS 95% · Norway
   2. AET Sea Shuttle II AS 95% · Norway
   3. AET Norway AS 100% · Norway

Significant events

• “As part of a Group restructing exercise, in December 2019, the loan from related company was reclassified into current liabilities. The Company settled the principal loan balance in March 2020 in exchange for shares. The interest on the related party loan is yet to be settled.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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