OMEGA LEASING (NO.11) LIMITED

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. About these numbers

• Turnover

  -0.8%

  £12,875,490 → £12,772,701

• Cash

  -12.7%

  £7,845,187 → £6,851,506

• Net assets

  +0.6%

  £33,245,237 → £33,429,211

• Employees

  —

  Not reported

• Operating profit

  -1.2%

  £8,235,761 → £8,139,688

• Profit before tax

  +4.4%

  £3,662,187 → £3,822,071

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. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, notwithstanding net current liabilities of $63,633,859 as at 31 December 2024 (2023: net current assets of $1,173,029). 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. In making this assessment the Directors have considered the cash generation arising from future lease income receivable against the creditors and loan repayments necessary within one year. The Directors have considered alternative financing options that can be secured by the Company. The Directors have also received written confirmation from Alpha Partners Leasing Limited, which heads the group in which the results of the Company are consolidated, of its intention to provide continuing financial support to the Company unless adequate alternative financing has been secured by the Company, for a period of not less than 12 months from the date of approval of these financial statements.”

Significant events

• “An interim dividend of $3,000,000 (2023: $nil) was declared and paid in full.”
• “The Company had a total engine lease portfolio of 6 engines at year end (2023: 6 engines), there were no additions or disposals during the year.”
• “The above loans and borrowings initially related to a bank loan which matured over a seven year period, starting 29 October 2015 and ending 12 October 2022. Subsequently, the loan was extended up to 12 April 2023 and then further extended up to 12 October 2025.”

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

Filings

2

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.