NEWACC (2018) LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In light of these forecasts which have been stress tested with the downside sensitivities noted above, the directors have a reasonable expectation that it will continue to trade for at least the next 12 months and meet its obligations and liabilities as they fall due. Accordingly, these financial statements continue to be prepared on the going concern basis.”

Group structure

1. NEWACC (2018) LIMITED · parent
   1. ACC Aviation Group Limited 100%
   2. ACC Aviation ME FZCO 100%
   3. ACC Aviation Inc (US) 100% · US
   4. ACC Aviation Limited 100%

Significant events

• “On the 13th February 2025, 100% of allotted and issued share capital of NewAcc (2018) Limited has been acquired by NewACC Employee Ownership Trust (EOT).”
• “The group took on £6.3m of 5-year term loans at 7.5% above base to fund the acquisition and also established a £5.0m 5-year Revolving Credit Facility at 7.25% above base to support any working capital requirements.”
• “At this date Phillip Aird-Mash resigned as director of NewAcc (2018) Limited.”

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

Filings

8

last 12 months

Capital events

3

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +83.1%

  £46,632,000 → £85,372,000

• Cash

  +16.6%

  £8,568,000 → £9,990,000

• Net assets

  +25.8%

  £6,884,000 → £8,660,000

• Employees

  -7.8%

  51 → 47

• Operating profit

  +678.9%

  -£384,000 → £2,223,000

• Profit before tax

  +946.3%

  -£283,000 → £2,395,000

• Wages

  +14.1%

  £4,354,000 → £4,967,000

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