KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY LIMITED
Get an alert when KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-03-31
Overdue
Confirmation statement due
2026-11-25 (in 6mo)
Last made up 2025-11-11
Watchouts
Cash
£4M
-29.2% vs 2023
Net assets
£35M
+45.8% vs 2023
Employees
66
+4.8% vs 2023
Profit before tax
£11M
-35.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-31.
Name history
Renamed 1 time since incorporation
- KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY LIMITED 1983-10-28 → present
- GRACERACE LIMITED 1983-08-24 → 1983-10-28
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 |
|---|---|---|---|
| Turnover | £16,846,000 | £18,116,000 | |
| Operating profit | £3,297,000 | -£668,000 | |
| Profit before tax | £17,410,000 | £11,237,000 | |
| Net profit | £14,546,000 | £11,237,000 | |
| Cash | £6,275,000 | £4,441,000 | |
| Total assets less current liabilities | £24,345,000 | £35,099,000 | |
| Net assets | £23,914,000 | £34,875,000 | |
| Equity | £23,914,000 | £34,875,000 | |
| Average employees | 63 | 66 | |
| Wages | £4,876,000 | £5,505,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-03-31 |
|---|---|---|---|
| Operating margin | 19.6% | -3.7% | |
| Net margin | 86.3% | 62.0% | |
| Return on capital employed | 13.5% | -1.9% | |
| Current ratio | 1.02x | 1.02x | |
| Interest cover | 8.24x | -2.45x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on a going concern basis for the following reasons. The company has cash resource of £4,441k at the reporting date and net current assets of £8,124k. With the confirmed continuing financial support from the ultimate parent company Kuwait Petroleum Corporation ("KPC") (which has provided confirmation of financial support, should it be required, for the company to meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements), the company will be able to continue to pay its debts as and when they fall due.”
Group structure
- KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY LIMITED · parent
- Kuwait Petroleum Services Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RUNGASAMY, Magalie | Secretary | 2025-02-17 | — | — |
| BEN-BUTAIN, Naser Mubarak Mohammed | Director | 2017-08-14 | Jun 1973 | Kuwaiti |
| HARRISON, Adam Richard | Director | 2024-05-06 | Feb 1969 | British |
| PELAGALLI, Andrea | Director | 2024-10-15 | Sep 1965 | Italian |
| WICKS, Jonathon Charles Robert | Director | 2024-05-06 | Jul 1982 | British |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALMUKAIMI, Fouzi | Secretary | 2002-09-19 | 2004-07-23 |
| COULES, Peter | Secretary | 2013-01-17 | 2025-02-17 |
| JAMES, William Thomas | Secretary | 2011-01-28 | 2013-01-17 |
| SUTHAR, Mohanlal Lallubhai | Secretary | 2004-07-23 | 2006-12-11 |
| SUTHAR, Mohanlal Lallubhai | Secretary | — | 2002-09-19 |
| THOMSON, Agnes | Secretary | 2006-12-11 | 2011-01-28 |
| AL FARAJ, Fadhel Abdulaziz | Director | 2011-01-28 | 2017-11-01 |
| AL JASSAR, Mahmoud | Director | 1997-04-04 | 2006-08-07 |
| AL RASHOUD, Abdullah | Director | 2022-06-09 | 2024-05-06 |
| AL YATEEM, Yousef Abdula | Director | 2006-08-07 | 2013-08-28 |
| AL-MUSHAILEH, Khaled | Director | 2013-08-28 | 2018-12-31 |
| AL-QASIM, Mohammed | Director | 1997-04-04 | 2001-08-10 |
| ALI, Mohammad | Director | 2021-05-13 | 2022-04-06 |
| BAKER, Ross Anthony | Director | 1999-09-01 | 2008-01-14 |
| BROWN, Paul Frederick | Director | — | 2002-10-21 |
| COLLINS, Patrick Joseph | Director | 2015-08-09 | 2024-05-06 |
| COULES, Peter | Director | 2017-08-14 | 2024-05-06 |
| CROWE, Richard Alan | Director | 1998-08-19 | 2012-06-30 |
| DUDLEY, Michael John | Director | 1994-09-30 | 1997-11-14 |
| GYTE, Geoffrey David | Director | — | 1999-08-31 |
| KENDRICK, Michael Paul Joseph | Director | 1997-11-14 | 1999-12-10 |
| NEWTON, Stephen Jonathan | Director | 2012-08-01 | 2015-08-09 |
| RAMINELLA, Cristiano | Director | 1997-04-04 | 2001-08-10 |
| RAZZAQ, Ali | Director | 2015-08-09 | 2021-05-10 |
| ROBSON, David Ian | Director | — | 1996-10-31 |
| STANLEY, Brian David | Director | 2001-08-10 | 2003-07-01 |
| SUTHAR, Mohanlal Lallubhai | Director | 2002-10-21 | 2006-12-11 |
| THOMSON, Agnes | Director | 2004-12-01 | 2011-01-28 |
| WELCH, Mark Bradley | Director | 2012-08-01 | 2015-08-09 |
| WESTMORELAND, Simon Andrew | Director | 2005-07-21 | 2012-06-27 |
| WESTMORELAND, Simon Andrew | Director | — | 1994-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kuwait Petroleum (U.K. Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 178 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-24 MA Memorandum articles
- 2025-07-24 RESOLUTIONS Resolution
- 2025-07-23 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-24 | MA | incorporation | Memorandum articles | |
| 2025-07-24 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-23 | CC04 | change-of-constitution | Statement of companys objects | |
| 2025-05-12 | AA | accounts | Accounts with accounts type full | |
| 2025-02-26 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-26 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-12-24 | AA | accounts | Accounts with accounts type full | |
| 2024-12-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-04 | AA | accounts | Accounts with accounts type full | |
| 2023-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-15 | AA | accounts | Accounts with accounts type full | |
| 2022-06-22 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-03-31 vs 2023-03-31
-
Turnover
+7.5%
£16,846,000 £18,116,000
-
Cash
-29.2%
£6,275,000 £4,441,000
-
Net assets
+45.8%
£23,914,000 £34,875,000
-
Employees
+4.8%
63 66
-
Operating profit
-120.3%
£3,297,000 -£668,000
-
Profit before tax
-35.5%
£17,410,000 £11,237,000
-
Wages
+12.9%
£4,876,000 £5,505,000
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