AVIANCA GROUP (UK) LIMITED

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Warrener Stewart

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company Financial Statements have been prepared on a going concern basis. As of December 31, 2024, the balance sheet reflects a net asset position of US$717,978 (December 31, 2023: $717,963) and a net current liability position of US$(101). (December 31, 2023: US$(68)). Based on the factors described in note 3(b), the management has reasonable expectation that the Company has and will have adequate resources to continue in operational existence for the foreseeable future.”

Group structure

1. AVIANCA GROUP (UK) LIMITED · parent
   1. Aerovías del Continente Americano S.A. 99.98% · Colombia · Air transport and related activities
   2. Avianca Ecuador S.A 99.62% · Ecuador · Air transport and related activities
   3. Grupo Taca Holdings Limited 100% · Bahamas · Air transport and related activities
   4. LifeMiles Ltd. 100% · Bermuda · Air transport and related activities
   5. Avianca Costa Rica S.A 92.13% · Costa Rica · Air transport and related activities
   6. Taca International Airlines S.A 96.83% · El Salvador · Air transport and related activities
   7. Tampa Cargo S.A.S 99.98% · Colombia · Air transport and related activities

Significant events

• “On February 26, 2024, the Company declared an interim dividend of US$145,000. Avianca Midco 2 PLC, its sole shareholder, received the payment of such dividend on March 12, 2024.”
• “On October 12, 2024, the board of directors of Avianca Midco 2 PLC passed a resolution to clarify the US$145,000 dividend payment, noting that the Interim Dividend was in fact US$144,952 and an intercompany advance of US$48 was made by Avianca Group (UK) Limited to Avianca Midco 2 PLC.”
• “On February 14, 2025, Avianca Midco 2 PLC consummated an offer to exchange its outstanding 9.000% Tranche A-1 Senior Secured Notes due 2028 for newly issued 9.000% Senior Secured Notes due 2028, with 99.75% of holders participating and restrictive covenants eliminated.”
• “Concurrently on February 14, 2025, Avianca Midco 2 PLC issued US$1,000,000 aggregate principal amount of its 9.625% Senior Secured Notes due 2030, with principal tangible and intangible assets of certain Avianca Group companies pledged as security.”

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  0%

  £532,218,681 → £532,229,800

• Employees

  —

  Not reported

• Operating profit

  +27.7%

  -£34,841 → -£25,204

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