PEMBROKE AIRCRAFT LEASING (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-24 (in 11mo)
Last made up 2026-04-10
Watchouts
None on the register
Cash
£7M
+60.5% vs 2023
Net assets
£27M
+711.7% vs 2023
Employees
0
Average over period
Profit before tax
-£2M
-144.8% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £8,074,870 | £8,008,154 | |
| Operating profit | £3,744,996 | £3,504,818 | |
| Profit before tax | -£830,245 | -£2,032,617 | |
| Net profit | -£498,147 | -£1,613,788 | |
| Cash | £4,455,152 | £7,149,741 | |
| Total assets less current liabilities | £99,991,105 | £91,068,940 | |
| Net assets | £3,383,247 | £27,461,082 | |
| Equity | £3,383,247 | £27,461,082 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 46.4% | 43.8% | |
| Net margin | -6.2% | -20.2% | |
| Return on capital employed | 3.7% | 3.8% | |
| Gearing (liabilities / total assets) | 96.7% | 73.0% | |
| Current ratio | 2.28x | 0.73x | |
| Interest cover | 0.82x | 0.60x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors expect the company to continue in operational existence for the foreseeable future. In forming this view the impact of the current economic climate on the business, as well as future growth plans, the adequacy of the Company's funding, borrowing facilities, cash flows and profitability for at least the next 12 months have been considered. Taking these factors into consideration the financial statements have been prepared on a going concern basis.”
Significant events
- “On 2 November 2023 the Company's parent, Pembroke Aircraft Leasing Holdings Limited, was sold by Standard Chartered PLC to AviLease Beacon 2 Limited, a subsidiary of Aircraft Leasing Company ('AviLease'). The Company now forms part of the AviLease group (the 'Group') and its results are monitored by the Group on an ongoing basis.”
- “On 12 December 2024 Ronan McKillop was appointed as an alternate director for Tariq Alghaziri.”
- “Subsequent to the year end the Company acquired 3 aircraft leased to Australian airlines, receiving loans from a group company and capital contributions from its parent to fund these purchases. The Company also sold 1 aircraft.”
- “On 1 March 2025 as per Part 9 of the Companies Act 2014, pursuant to the Summary Approval Procedure under Chapter 7 of Part 4 of the Act, the Secretary, Waystone Corporate Services (IE) Limited, merged with Waystone Centralised Services (IE) Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOYLE, Paul | Director | 2025-12-17 | Jan 1974 | Irish |
| MCKILLOP, Ronan Michael | Director | 2026-01-16 | Nov 1984 | Northern Irish |
| SALEH ALSAGRI, Almoatazbellah | Director | 2025-12-17 | Oct 1986 | Saudi Arabian |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SC (SECRETARIES) LIMITED | Corporate Secretary | 2012-10-05 | 2023-11-02 |
| WAYSTONE CORPORATE SERVICES (IE) LIMITED | Corporate Secretary | 2023-11-02 | 2025-03-01 |
| ALGHAZIRI, Tariq Abdullah Saad | Director | 2023-11-02 | 2025-11-30 |
| BARNES, Stephen Gordon Delano | Director | 2015-01-05 | 2015-06-26 |
| BURKE, Garry | Director | 2012-10-05 | 2013-07-11 |
| CORR, Kieran | Director | 2013-07-11 | 2023-11-02 |
| HOWARD, Jonathan Davey | Director | 2015-09-08 | 2023-11-02 |
| MCKILLOP, Ronan | Director | 2024-12-12 | 2025-11-30 |
| PURI, Amit Kumar | Director | 2012-10-05 | 2023-11-02 |
| RICHARDS, David William Ryman | Director | 2012-10-05 | 2015-01-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Public Investment Fund Of The Kingdom Of Saudi Arabia | Legal person | Shares 75–100%, Voting 75–100% | 2023-11-02 | Ceased 2023-11-02 |
| Public Investment Fund Of The Kingdom Of Saudi Arabia | Corporate entity | ownership-of-shares-75-to-100-percent-as-trust, ownership-of-shares-75-to-100-percent-as-firm, Appoints directors | 2023-11-02 | Ceased 2023-11-02 |
| Public Investment Fund Of The Kingdom Of Saudi Arabia | Corporate entity | Shares 75–100%, Voting 75–100% | 2023-11-02 | Active |
| Standard Chartered Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-06-05 | Ceased 2023-11-02 |
| Standard Chartered Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-06-05 |
Filing timeline
Last 20 of 68 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-05 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-17 | AA | accounts | Accounts with accounts type full | |
| 2025-05-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-13 | AA | accounts | Accounts with accounts type full | |
| 2024-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-11-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-11-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-11-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-11-16 | PSC03 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-11-16 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 3
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-0.8%
£8,074,870 £8,008,154
-
Cash
+60.5%
£4,455,152 £7,149,741
-
Net assets
+711.7%
£3,383,247 £27,461,082
-
Employees
—
Not reported
-
Operating profit
-6.4%
£3,744,996 £3,504,818
-
Profit before tax
-144.8%
-£830,245 -£2,032,617
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