AEROF CRAIGHOUSE LIMITED

• ⚠

  Material uncertainty over going concern

  The directors have thus prepared the financial statements on a going concern basis. However, these circumstances represent a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +36.6%

  £10,582,668 → £14,452,939

• Cash

  +10.9%

  £2,279,310 → £2,527,761

• Net assets

  +126.6%

  -£9,790,093 → £2,605,892

• Employees

  0%

  2 → 2

• Operating profit

  +323.9%

  -£6,557,011 → £14,677,880

• Profit before tax

  +224.1%

  -£9,991,274 → £12,395,985

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

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have thus prepared the financial statements on a going concern basis. However, these circumstances represent a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.”

Significant events

• “On 23rd July 2024, QMCH Limited acquired 100% of the share capital of AEROF Craighouse Limited. On acquisition, AEROF Holdco II Sarl waived share holder loans of £12,052,757 and accrued interest.”
• “The company's turnover increased by 37% with residential completions up by 45%.”
• “Post-acquisition, directors impaired carrying values of stock by £4,447,802, with £3,458,259 carried back as a prior year adjustment.”
• “The company's development term loan expired in January 2025; a further extension was agreed in June 2025 to 31 March 2026.”
• “During the year, the Company breached 2 covenants associated with its bank loans, which were subsequently remedied by an amendment to the loan agreement.”

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.