AIR CHARTER SCOTLAND GROUP LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -16.2%

  £25,055,269 → £20,996,248

• Cash

  +9.1%

  £3,235,113 → £3,528,899

• Net assets

  -8.7%

  £3,777,501 → £3,447,254

• Employees

  -9%

  67 → 61

• Operating profit

  -77.7%

  £1,909,732 → £426,818

• Profit before tax

  -76.1%

  £1,888,789 → £451,594

• Wages

  -2.5%

  £4,278,845 → £4,170,977

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

Consolidated group

Auditor

O'Haras Accountants Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“We have forecasted to the end of this year a profit for the group of under £1m based on the aircraft we have in house, the first quarter has been down in sales, however we have quite a lot of forward bookings which is slightly different from previous years. Although the business continues to operate with a healthy cashflow, we do tend to have a bottleneck”

Group structure

1. AIR CHARTER SCOTLAND GROUP LIMITED · parent
   1. Air Charter Scotland Malta Holding Limited 51% · Malta
   2. Air Charter Scotland Europe Limited 100%

Significant events

• “Despite the challenges we face, with the economy here in the UK and around the world, and with the wars in Ukraine and Middle East, the company overall is in a good financial position at the end of the year, in line with our expectations.”

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

Filings

7

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

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