AIR WORLDWIDE LIMITED

1. AIR WORLDWIDE LIMITED 2006-10-31 → present
2. APPLIED INSURANCE RESEARCH LIMITED 1995-01-06 → 2006-10-31

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

Standalone (parent only)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the projected trading performance for the Company for a period of at least the next 12 months. Based on this, the directors have a reasonable expectation that the Company will have adequate resources available to them and financial support from the ultimate parent company to continue in operational existence for the foreseeable future. Management have also assessed the impact of the increased in interest rates and related cost of living crisis on the business through re-forecasting and budgeting and as a result, they continue to adopt the going concern basis of accounting in preparing the financial statements. (page 15). The auditor also concluded that the Directors' use of the going concern basis of accounting is appropriate and found no material uncertainties. (page 8)”

Significant events

• “The Company has evaluated subsequent events through to the date these financial statements were approved and has not identified any significant subsequent events that require consideration as an adjustment.”

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

  +5.3%

  £8,496,853 → £8,950,300

• Cash

  -67.2%

  £2,588,475 → £848,955

• Net assets

  -22%

  £3,485,266 → £2,719,968

• Employees

  -11.4%

  44 → 39

• Operating profit

  -286.8%

  £342,099 → -£639,061

• Profit before tax

  -286.8%

  £342,099 → -£639,061

• Wages

  +6.7%

  £5,807,202 → £6,196,026

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