THE AIRLINE SEAT COMPANY LIMITED
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Next accounts due
2027-07-31 (in 1y)
Last filed for 2025-10-31
Confirmation statement due
2027-03-21 (in 10mo)
Last made up 2026-03-07
Watchouts
None on the register
Cash
£11M
+25.6% vs 2024
Net assets
£11M
+13.4% vs 2024
Employees
66
-5.7% vs 2024
Profit before tax
£2M
+43.1% vs 2024
Name history
Renamed 1 time since incorporation
- THE AIRLINE SEAT COMPANY LIMITED 1995-07-20 → present
- QUESTREALM LIMITED 1995-03-07 → 1995-07-20
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-10-31
| Metric | Trend | 2024-10-31 | 2025-10-31 |
|---|---|---|---|
| Turnover | £29,093,228 | £31,102,767 | |
| Operating profit | £895,890 | £1,463,923 | |
| Profit before tax | £1,197,769 | £1,713,738 | |
| Net profit | £878,480 | £1,285,196 | |
| Cash | £8,591,713 | £10,791,495 | |
| Total assets less current liabilities | £9,585,482 | £10,871,459 | |
| Net assets | £9,560,900 | £10,846,096 | |
| Equity | £9,560,900 | £10,846,096 | |
| Average employees | 70 | 66 | |
| Wages | £3,038,200 | £3,089,610 |
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 | 2024-10-31 | 2025-10-31 |
|---|---|---|---|
| Operating margin | 3.1% | 4.7% | |
| Net margin | 3.0% | 4.1% | |
| Return on capital employed | 9.3% | 13.5% | |
| Current ratio | 3.05x | 3.08x | |
| Interest cover | 217.19x | 409.60x |
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
- Ernst & Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period up to 30 April 2027. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Group structure
- THE AIRLINE SEAT COMPANY LIMITED · parent
- Australian Affair Limited 100%
- Australian Airfares Limited 100%
- Canada Airfares Limited 100%
- Canadian Airfares Limited 100%
- Canadian Travel Service Limited 100%
- Flag Carrier Limited 100%
- Go Canada Direct Limited 100%
- Go Canada Limited 100%
- ASC The Airline Seat Company Limited 100%
Significant events
- “There have been no material events since 31 October 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FORCIER, Nathalie | Secretary | 2025-11-10 | — | — |
| BOISVERT, Renee | Director | 2025-12-15 | Dec 1960 | Canadian |
| HEDLEY, Chris | Director | 2017-10-11 | Feb 1975 | British |
| JEANS, Tim Andrew | Director | 2013-04-26 | Jan 1957 | British |
| LINTEAU, Patrick | Director | 2023-10-03 | Jul 1970 | Canadian |
| MUNRO, Kathryn Victoria | Director | 2013-04-03 | Oct 1972 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUSSIERES, Bernard | Secretary | 2006-08-01 | 2025-09-23 |
| DOBSON, Geoffrey John | Secretary | 1995-06-06 | 1997-01-04 |
| MCCARTHY, Paul | Secretary | 2001-07-02 | 2002-02-08 |
| RAYNER, Anette | Secretary | 1995-03-13 | 1995-06-06 |
| WILLATT, Iain Glynn | Secretary | 2002-02-08 | 2006-08-01 |
| WILLATT, Iain Glynn | Secretary | 1997-01-04 | 2001-07-02 |
| THE COMPANY REGISTRATION AGENTS LIMITED | Corporate Nominee Secretary | 1995-03-07 | 1995-03-13 |
| ADAMO, Joseph | Director | 2017-10-11 | 2025-12-15 |
| CESARE, Lina De | Director | 2006-08-01 | 2009-11-01 |
| COSSEY, Adam Errol | Director | 1997-07-07 | 1999-04-30 |
| DE MONTIGNY, Andre | Director | 2006-08-01 | 2016-02-10 |
| EUSTACHE, Jean-Marc | Director | 2009-11-01 | 2016-02-10 |
| GEORGE, Lee Edward | Director | 1995-03-13 | 1996-04-02 |
| GUERARD, Annick | Director | 2016-02-10 | 2021-02-12 |
| HEDLEY, Christopher | Director | 2000-12-01 | 2006-07-31 |
| KERVELLA, Olivier | Director | 2006-08-01 | 2008-03-10 |
| MCCARTHY, Paul | Director | 2001-07-02 | 2002-02-08 |
| MCLEOD, Kenneth | Director | 1997-10-01 | 1999-04-30 |
| MEARA, Russell Godfrey | Director | 2002-02-25 | 2003-11-28 |
| MERCIER, Frederic | Director | 2016-02-10 | 2023-10-03 |
| MUNRO, Kathryn Victoria | Director | 2004-04-13 | 2006-07-31 |
| RAYNER, Anette | Director | 1995-03-13 | 2013-04-26 |
| ROBERTS, Natalie | Director | 2002-02-25 | 2006-03-13 |
| TAM, Katherine | Director | 2004-04-13 | 2006-01-30 |
| WILLATT, Iain Glynn | Director | 2002-02-08 | 2012-12-21 |
| WILLATT, Iain Glynn | Director | 1997-07-07 | 2001-07-02 |
| LUCIENE JAMES LIMITED | Corporate Nominee Director | 1995-03-07 | 1995-03-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Transat A.T. Inc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-08-29 | Active |
Filing timeline
Last 20 of 179 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-15 MA Memorandum articles
- 2025-07-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-23 | AA | accounts | Accounts with accounts type full | |
| 2025-11-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-20 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-11-20 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-15 | MA | incorporation | Memorandum articles | |
| 2025-07-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-25 | AA | accounts | Accounts with accounts type full | |
| 2024-08-19 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-01 | AA | accounts | Accounts with accounts type full | |
| 2024-01-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-10-23 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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
FY2024 → FY2025 · period ending 2025-10-31 vs 2024-10-31
-
Turnover
+6.9%
£29,093,228 £31,102,767
-
Cash
+25.6%
£8,591,713 £10,791,495
-
Net assets
+13.4%
£9,560,900 £10,846,096
-
Employees
-5.7%
70 66
-
Operating profit
+63.4%
£895,890 £1,463,923
-
Profit before tax
+43.1%
£1,197,769 £1,713,738
-
Wages
+1.7%
£3,038,200 £3,089,610
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