UK Companies House feature
AIR CHARTER SCOTLAND GROUP LIMITED
Cash
£86K
Latest balance sheet
Net assets
£2M
-18% vs 2023
Employees
61
-9% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- SC656770
- Status
- Active
- Incorporation
- 2020-03-09
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 51102
Cash
6-year trend · vs UK Logistics & Mobility median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2020-03-08 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | — | — | — | |
| Cash | — | — | — | — | — | £86,000 | |
| Total assets less current liabilities | — | £725,200 | — | — | £2,298,200 | £1,884,200 | |
| Net assets | — | — | — | — | — | — | |
| Equity | — | £725,200 | £1,600,200 | £1,798,200 | £2,298,200 | £1,884,200 | |
| Average employees | — | 50 | — | — | 67 | 61 | |
| Wages | — | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- O'Haras Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“We have forecasted to the end of this year a profit for the group of under £1m based on the aircraft we have in house, the first quarter has been down in sales, however we have quite a lot of forward bookings which is slightly different from previous years. Although the business continues to operate with a healthy cashflow, we do tend to have a bottleneck”
Subsidiaries
- Air Charter Scotland Malta Holding Limited · 51% held · Malta
- Air Charter Scotland Europe Limited · 100% held
Significant events
- “Despite the challenges we face, with the economy here in the UK and around the world, and with the wars in Ukraine and Middle East, the company overall is in a good financial position at the end of the year, in line with our expectations.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
1 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCFARLANE, George Edward | Director | 2020-03-09 | Jul 1963 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FLINT, Lauren | Director | 2024-03-15 | 2026-01-23 |
| MCFARLANE, David Marcelus | Director | 2024-03-15 | 2026-01-23 |
| MCFARLANE, Elisabeth Hendrika | Director | 2024-03-15 | 2026-01-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David Marcelus Mcfarlane | Individual | Shares 25–50%, Voting 25–50% | 2020-03-11 | Active |
| Lauren Flint | Individual | Shares 25–50%, Voting 25–50% | 2020-03-11 | Active |
| Mr George Edward Mcfarlane | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-03-09 | Ceased 2020-03-11 |
Filing timeline
Last 20 of 35 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-15 | SH03 | capital | capital return purchase own shares |
| 2026-02-23 | SH06 | capital | capital cancellation shares |
| 2026-02-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-02-03 | TM01 | officers | termination director company with name termination date |
| 2026-02-03 | TM01 | officers | termination director company with name termination date |
| 2026-02-03 | TM01 | officers | termination director company with name termination date |
| 2025-09-01 | AA | accounts | accounts with accounts type group |
| 2025-03-25 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-08-21 | AA | accounts | accounts with accounts type group |
| 2024-07-05 | RP04AP01 | officers | second filing of director appointment with name |
| 2024-04-19 | MA | incorporation | memorandum articles |
| 2024-04-19 | RESOLUTIONS | resolution | resolution |
| 2024-04-19 | SH08 | capital | capital name of class of shares |
| 2024-04-18 | AP01 | officers | appoint person director company with name date |
| 2024-04-18 | AP01 | officers | appoint person director company with name date |
| 2024-04-18 | AP01 | officers | appoint person director company with name date |
| 2024-03-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-01-31 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-09-20 | AA | accounts | accounts with accounts type group |
| 2023-04-04 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
50.5
COOL
/ 100
- Filings velocity 58
- Capital events 40
- Officer churn 75
- Headcount trajectory 41
- Accounts trajectory 32
- 7 filing(s) in last 12 months
- 2 capital event(s) in last 24 months
- 0 appointed, 3 resigned (12mo)
- Employees -9% YoY
- Total Assets Less Current Liabilities -18% YoY