NAC AVIATION UK 1 LIMITED
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Cash
£3.7k
USD 5,000
+55.4% highest in 3 filed years
Net assets
£522k
USD 704,000
-98.7% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
£1.9m
USD 2,571,000
+28.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
The Directors had planned to realise the assets and settle the liabilities of the Company with a view to striking it off within the foreseeable future. Following the plan to strike off the Company, the Directors concluded that the Company is not a going concern.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £218,858 | £0 | — | — | |
| Operating profit | £258,864 | -£72,429 | £1,271,243 | +1,855.2% | |
| Profit before tax | £2,079,542 | £1,489,175 | £1,907,978 | +28.1% | |
| Net profit | £2,591,779 | £1,288,602 | £1,756,586 | +36.3% | |
| Cash | £784 | £2,388 | £3,711 | +55.4% | |
| Total assets less current liabilities | £37,372,921 | £39,208,851 | £522,449 | -98.7% | |
| Net assets | £37,372,921 | £39,208,851 | £522,449 | -98.7% | |
| Equity | £37,372,921 | £39,208,851 | £522,449 | -98.7% | |
| Average employees | — | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | £0 | £0 | — |
Figures converted to GBP from USD at 0.742 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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 118.3% | — | — | |
| Return on capital employed | 0.7% | -0.2% | 243.3% | |
| Gearing (liabilities / total assets) | 0.0% | 0.0% | 0.0% | |
| Interest cover | 9.43x | -0.29x | — |
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.
Name history
Renamed 2 times since incorporation
- NAC AVIATION UK 1 LIMITED 2012-08-15 → present
- MIG AVIATION (UK) LIMITED 2009-07-01 → 2012-08-15
- ALNERY NO. 2860 LIMITED 2009-04-08 → 2009-07-01
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“The Directors had planned to realise the assets and settle the liabilities of the Company with a view to striking it off within the foreseeable future. Following the plan to strike off the Company, the Directors concluded that the Company is not a going concern.”
Significant events
- “Subsequent to year end, the Company was approved for strike-off, and the strike-off process has commenced.”
- “Since late February 2026, the Gulf region has been impacted by the conflict between the US and Iran. The closure of the Strait of Hormuz, and the resulting disruption of supplies to the world market has impacted the GCC economies.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TMF CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2025-07-31 | — | — |
| ELGAR, Mark Jonathan | Director | 2025-05-07 | Apr 1965 | British |
| GILLEN, Orla Elizabeth | Director | 2025-05-07 | Dec 1974 | Irish |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALDBRIDGE SERVICES LONDON LIMITED | Corporate Secretary | 2012-06-28 | 2013-12-20 |
| ALNERY INCORPORATIONS NO.1 LIMITED | Corporate Secretary | 2009-04-08 | 2009-07-01 |
| TRICOR CORPORATE SECRETARIES LIMITED | Corporate Secretary | 2013-12-20 | 2025-07-31 |
| CAMERON, Andrew Richard Haig | Director | 2020-02-03 | 2023-08-15 |
| CHEUNG, Lyn Marie | Director | 2025-05-07 | 2025-09-10 |
| GORMAN, Stephen Charles | Director | 2017-03-01 | 2020-02-03 |
| HALL, Trevor | Director | 2012-08-10 | 2022-07-01 |
| HULGAARD, Jette Mariann | Director | 2012-06-28 | 2022-01-05 |
| KARATZENIS, Fotios, Dr | Director | 2009-07-01 | 2012-06-28 |
| LOUZADO, David Joseph | Director | 2014-01-24 | 2014-09-12 |
| MACLENNAN, Angus Gillies | Director | 2013-04-24 | 2014-01-24 |
| MAGEIRAS, Kyriakos | Director | 2009-07-01 | 2011-07-04 |
| MORRIS, Craig Alexander James | Director | 2009-04-08 | 2009-07-01 |
| O'NEILL, Rory John | Director | 2024-04-04 | 2025-05-07 |
| SHEARD, Edward | Director | 2022-07-01 | 2025-05-07 |
| SOUVATZOGLOU, Areti | Director | 2009-07-01 | 2012-06-28 |
| ULSO, Niels | Director | 2012-06-28 | 2013-04-24 |
| VGENOPOULOS, Andreas | Director | 2009-07-01 | 2012-03-21 |
| WALSH, Michael George | Director | 2014-09-12 | 2017-03-01 |
| ALNERY INCORPORATIONS NO.1 LIMITED | Corporate Director | 2009-04-08 | 2009-07-01 |
| ALNERY INCORPORATIONS NO.2 LIMITED | Corporate Director | 2009-04-08 | 2009-07-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 255 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-02-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-09-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-08-15 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-08-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-08 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.