ROLLS-ROYCE & PARTNERS FINANCE LIMITED

1. ROLLS-ROYCE & PARTNERS FINANCE LIMITED 1989-04-20 → present
2. MULTIRIVAL LIMITED 1987-09-01 → 1989-04-20

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

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the application of the going concern basis of accounting and believe that, for the foreseeable future (...) the Group will have adequate resources to meet its liabilities as they fall due. (...) The Directors have reasonable expectations that the Group is well placed to manage business risks and to continue in operational existence for at least a year from the date of approval of these financial statements and have not identified any material uncertainties to the Group's ability to do so.”

Group structure

1. ROLLS-ROYCE & PARTNERS FINANCE LIMITED · parent
   1. Rolls-Royce Engine Leasing (Labuan) Limited 100% · Malaysia · Leasing of aero engines
   2. Rolls-Royce Engine Leasing (Labuan) (No. 2) Limited 100% · Malaysia · Leasing of aero engines
   3. RRPF Engine Leasing Limited 100% · England · Leasing of aero engines
   4. RRPF Engine Leasing (Tianjin) Limited 100% · China · Leasing of aero engines

Significant events

• “The Directors expect the financial performance and position to be sustained for the foreseeable future, following the increase in demand for the Group's aircraft engines driven by ongoing supply-chain issues in the industry and increasing flying hours of aircraft.”
• “Subsequent to the balance sheet date, the Group issued loan notes of $265,000,000 with maturity dates between 2027 and 2032. Additionally, the revolving credit facility has been extended by a further year to 28 June 2028.”

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

1

last 12 months

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

• Turnover

  +10.2%

  £317,169,000 → £349,441,000

• Cash

  -40.1%

  £118,774,000 → £71,097,000

• Net assets

  +14.3%

  £679,372,000 → £776,588,000

• Employees

  +9.1%

  44 → 48

• Operating profit

  -3.3%

  £237,942,000 → £230,110,000

• Profit before tax

  -2.7%

  £147,714,000 → £143,773,000

• Wages

  +19.7%

  £7,462,000 → £8,932,000

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