LOGANAIR 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

  -4.2%

  £264,148,000 → £253,140,000

• Cash

  -18.4%

  £15,762,000 → £12,855,000

• Net assets

  0%

  £13,065,000 → £13,065,000

• Employees

  -2.3%

  899 → 878

• Operating profit

  +59.4%

  £6,586,000 → £10,497,000

• Profit before tax

  +58.1%

  £6,945,000 → £10,977,000

• Wages

  +7.2%

  £41,931,000 → £44,961,000

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. Sector-distribution context coming next.

1. LOGANAIR LIMITED 1997-03-14 → present
2. DALGLEN (NO. 647) LIMITED 1996-11-21 → 1997-03-14

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future as set out in accounting policy 1 (c). The company therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “2024 was the year the airline completed its fleet transition into the larger capacity ATR aircraft.”
• “The company has maintained its strong balance sheet position following the challenges of the covid period, and the directors are encouraged by the closing net asset position of f.13.1 million against the net liability position of £10.5 million reported in 2020. This is after the payment of dividends to the parent company of £8m, the first for many years.”
• “During the year we were re-accredited under IATA's International Operational Safety Audit (IOSA) programme, widely recognised as the gold standard for global safety management in airlines. Complimenting this was the decision to join the universally recognised loyalty currency scheme, AVIOS.”

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

1

last 12 months

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