APOLLO AEROSPACE COMPONENTS 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

UK-adopted IAS

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue. With this commitment, the directors have reasonable expectations that the Company has adequate resources to continue existence for the foreseeable future, being a period of at least 12 months from the date of approval of these financial statements. Thus, the directors continued to adopt the going-concern basis in preparing the financial statements.”

Group structure

1. APOLLO AEROSPACE COMPONENTS LIMITED · parent
   1. Apollo Aerospace Components India Private Limited 23.48% · India · Distribution center management
   2. NYK Component Solutions (Holdings) Limited 100% · England · Holding company
   3. NYK Component Solutions Limited 100% · England · Supplier to the aerospace industry

Significant events

• “During the year, the interest of another group company, NYK Component Solutions Limited, was transferred to the Company as a distribution in specie (Note 12). NYK Component Solutions Limited was an indirect 100% subsidiary of the Company prior to transfer and represents a transfer under common control. This strategic transfer was undertaken to align the group's investments and streamline its corporate structure, and the directors believe that it is in the best interests of the Company and the wider group.”

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

Filings

5

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

  +19.2%

  £22,449,893 → £26,769,206

• Cash

  -70%

  £2,552,327 → £766,504

• Net assets

  +0.6%

  £8,380,890 → £8,431,403

• Employees

  +14.8%

  27 → 31

• Operating profit

  +206.1%

  £560,732 → £1,716,272

• Profit before tax

  -88.2%

  £3,049,835 → £359,902

• Wages

  +16.6%

  £1,669,448 → £1,946,619

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