ALTAIR GLOBAL RELOCATION LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ALTAIR GLOBAL RELOCATION LIMITED 2008-06-10 → present
2. PIMCO 2777 LIMITED 2008-05-16 → 2008-06-10

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the 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 when the financial statements are authorised for issue.”

Group structure

1. ALTAIR GLOBAL RELOCATION LIMITED · parent
   1. Altair Global BV 100% · Netherlands · Workforce mobility services
   2. Altair Global BVBA 99.95% · Belgium · Workforce mobility services
   3. Altair Global Holding BVBA 99.84% · Belgium · Workforce mobility services
   4. Altair Global SARL 100% · France · Workforce mobility services

Significant events

• “2024 has been impacted by continuing economic challenges due to political uncertainty and instability in a number of the world's economies, all influencing the investment decisions of the company's clients. In addition, the loss of the company's largest client had a disproportionate impact on the UK in particular.”
• “Other operating locations in mainland Europe were also significantly impacted by the same factors as well as a shortage of long term rental housing particularly in The Netherlands.”
• “During 2024 the company retained all its key clients albeit the company's key client up to 2023 made clear its intention to change supplier to a competitor in early 2024.”
• “During the year Cash increased by 46% as a result of timing differences in pass through expenditure to £7,344,926 with Net Current Assets (Current Assets minus Current Liabilities) reducing from £374,515 to £300,326.”

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

Filings

15

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

  -16.9%

  £8,329,910 → £6,925,537

• Cash

  +46%

  £5,031,792 → £7,344,926

• Net assets

  -34.3%

  £857,329 → £563,572

• Employees

  -12.9%

  85 → 74

• Operating profit

  -265.2%

  -£104,469 → -£381,518

• Profit before tax

  -445.3%

  £69,466 → -£239,862

• Wages

  -12.6%

  £4,210,805 → £3,678,621

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