AIRLITE FINANCE LIMITED

• ◆

  1 PSC 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

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the financial position of the company and believe that the company is well placed to manage its business risks successfully. The Directors of the company have received assurances from the ultimate parent undertaking, Howard Investment Company Limited, that it will continue to support the company to enable it to meet its liabilities as they fall due for at least the next 12 months from the date of approval of these financial statements. On the basis of those assurances, the Directors consider that there is reasonable expectation that the company will continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”

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.

• Turnover

  -43.1%

  £84,042 → £47,832

• Cash

  -91.8%

  £529,168 → £43,552

• Net assets

  -5.2%

  £1,272,078 → £1,206,410

• Employees

  —

  Not reported

• Operating profit

  -28.2%

  £25,727 → £18,475

• Profit before tax

  -12.7%

  £251,856 → £219,855

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers