WELSH AIR AMBULANCE CHARITABLE TRUST
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Cash
£6.7M
-28.7% vs 2024
Net assets
£13M
-16.4% vs 2024
Employees
99
-4.8% vs 2024
Profit before tax
-£2.6M
-852.6% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-07-31
| Metric | Trend | 2024-07-31 | 2025-07-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £9,687,000 | £10,107,000 | +4.3% | |
| Operating profit | — | — | — | |
| Profit before tax | -£274,000 | -£2,610,000 | -852.6% | |
| Net profit | -£274,000 | -£2,614,000 | -854% | |
| Cash | £9,367,000 | £6,679,000 | -28.7% | |
| Total assets less current liabilities | £15,977,000 | £15,427,000 | -3.4% | |
| Net assets | £15,906,000 | £13,292,000 | -16.4% | |
| Equity | £15,906,000 | £13,292,000 | -16.4% | |
| Average employees | 104 | 99 | -4.8% | |
| Wages | £2,745,000 | £2,979,000 | +8.5% | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Net margin | -2.8% | -25.9% | |
| Gearing (liabilities / total assets) | 14.8% | 26.9% | |
| Current ratio | 5.35x | 4.97x |
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 102
- Reporting scope
- Consolidated group
- Auditor
- Bevan Buckland LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees therefore have a reasonable expectation that there are no material uncertainties about the Charity's ability to continue its operations, including to meet its liabilities, for the foreseeable future. As such, the Charity continues to adopt the going concern basis in preparing the financial statements.”
Group structure
- WELSH AIR AMBULANCE CHARITABLE TRUST · parent
- Welsh Air Ambulance Trading Ltd 100%
Significant events
- “In October 2024, Anthony Crothers had enjoyed a walk in Gower with his two friends when he suddenly collapsed and nearly lost his life.”
- “In April 2024, following an 18-month process and three public engagement periods, the NHS Wales Joint Commissioning Committee (a successor to EASC) agreed with the recommendations put forward by the Commissioner to improve service delivery.”
- “Following approval of the Commissioner's recommendations by NHS Wales, an application for a Judicial Review of the NHS decision-making process was submitted in August 2024... On 19 June 2025, the written judgement handed down by Justice Turner offered a clear and unequivocal dismissal on all grounds. On 1 July 2025, Justice Turner refused an application to appeal by the Claimant.”
- “Planned works to deliver D3 model upgrades to our aircraft have been rescheduled for the 2025/26 period, providing the people of Wales with the next generation of air ambulance operations.”
- “His Royal Highness The Prince of Wales to its Llanelli headquarters as part of his visit to Carmarthenshire in September 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
16 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HAWKINS, Christina Louise | Secretary | 2024-09-23 | — | — |
| BURDGE, Amanda Lee | Director | 2020-04-21 | Sep 1972 | British |
| CHURCH, Louise Rachael | Director | 2020-04-21 | Jul 1976 | British |
| DAVIES, Laura Helen | Director | 2024-09-23 | Apr 1984 | British |
| GILBERT, David | Director | 2009-03-17 | May 1950 | British |
| HAMPTON STONE, Craig | Director | 2024-10-29 | Aug 1976 | British |
| HARRIS, Paul | Director | 2024-10-29 | Jun 1966 | British |
| JACQUES, Kyle | Director | 2013-11-28 | May 1961 | British |
| JAMES, Richard Mark | Director | 2001-03-01 | Apr 1965 | British |
| KEEFE, David Patrick | Director | 2025-07-02 | May 1973 | Welsh |
| KNOWLES, Catherine Marie | Director | 2025-04-16 | Sep 1965 | British |
| MORGAN, Nia Eleri | Director | 2025-04-16 | Sep 1975 | Welsh |
| PHILLIPS, James | Director | 2024-10-29 | Feb 1968 | British |
| SMITH, Luke | Director | 2025-04-16 | Jan 1971 | British |
| WILSON, Mark Ian Ranson | Director | 2025-07-02 | Feb 1967 | British |
| YNYR, Mared | Director | 2025-07-02 | Mar 1997 | British,Welsh |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUGHES, Angela Jeanette | Secretary | 2003-07-31 | 2016-06-06 |
| STEPHENS, James John | Secretary | 2016-06-06 | 2024-09-23 |
| WEBB, Michael Fredrick | Secretary | 2000-07-19 | 2003-07-31 |
| BOTTELL, John Edwin | Director | 2000-07-20 | 2005-08-08 |
| CRAIG, Christopher Robert Edward | Director | 2003-04-14 | 2012-11-02 |
| CURTIS, Stephen John | Director | 2013-10-01 | 2025-03-28 |
| DAFYDD, Lisa | Director | 2017-09-25 | 2021-10-28 |
| DAVIES, Owain Spencer | Director | 2017-07-05 | 2025-12-02 |
| EVANS, Martyn Gerald | Director | 2009-03-17 | 2013-11-28 |
| GREEN, Carole Anne | Director | 2015-03-26 | 2017-02-27 |
| HURST DI PASQUALE, Michelle Paula | Director | 2013-10-01 | 2017-07-04 |
| JONES, Derwyn | Director | 2009-03-17 | 2013-12-19 |
| JONES-MORRIS, Dafydd | Director | 2012-05-24 | 2024-10-29 |
| KIRSOP, Bridget Anne, Doctor | Director | 2017-07-05 | 2021-06-15 |
| KITTO, Desmond Robert | Director | 2001-03-31 | 2026-03-01 |
| LEY, Stephen | Director | 2020-06-16 | 2025-10-21 |
| LOCKE, Richard James | Director | 2024-10-29 | 2025-03-03 |
| LOCKE, Richard James | Director | 2017-07-05 | 2024-09-23 |
| MORGAN, Philip Lloyd | Director | 2001-03-01 | 2016-11-09 |
| PALMER, Robert Stuart | Director | 2001-03-01 | 2013-02-14 |
| THOMAS, Annette Catherine | Director | 2013-10-01 | 2014-06-25 |
| TOMAN, John | Director | 2001-03-01 | 2005-08-08 |
| WAGSTAFFE, James | Director | 2013-10-01 | 2025-11-13 |
| WEBB, Michael Fredrick | Director | 2000-07-20 | 2003-07-31 |
| WILSON, Vera | Director | 2000-07-19 | 2010-03-29 |
| WELSH AIR AMBULANCE CHARITABLE TRUST | Corporate Director | 2009-03-17 | 2011-07-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Lisa Dafydd | Individual | Significant influence (as trust) | 2017-09-25 | Ceased 2020-07-19 |
| Doctor Bridget Anne Kirsop | Individual | Significant influence | 2017-07-05 | Ceased 2020-07-19 |
| Mr Richard James Locke | Individual | Significant influence | 2017-07-05 | Ceased 2020-07-19 |
| Mr Owain Spencer Davies | Individual | Significant influence | 2017-07-05 | Ceased 2020-07-19 |
| Mr David Gilbert | Individual | Significant influence (as trust) | 2016-04-06 | Ceased 2020-07-19 |
| Mr Stephen John Curtis | Individual | Significant influence (as trust) | 2016-04-06 | Ceased 2020-07-19 |
| Mr Desmond Robert Kitto | Individual | Significant influence (as trust) | 2016-04-06 | Ceased 2020-07-19 |
| Dr Kyle Jacques | Individual | Significant influence (as trust) | 2016-04-06 | Ceased 2020-07-19 |
| Mr Richard Mark James | Individual | Significant influence (as trust) | 2016-04-06 | Ceased 2020-07-19 |
| Mr James Wagstaffe | Individual | Significant influence (as trust) | 2016-04-06 | Ceased 2020-07-19 |
| Mr Dafydd Jones-Morris | Individual | Significant influence (as trust) | 2016-04-06 | Ceased 2020-07-19 |
| Mrs Michelle Paula Di Pasquale | Individual | Significant influence (as trust) | 2016-04-06 | Ceased 2017-07-04 |
| Mrs Carole Anne Green | Individual | Significant influence (as trust) | 2016-04-06 | Ceased 2017-03-01 |
| Mr Phillip Morgan | Individual | Significant influence (as trust) | 2016-04-06 | Ceased 2016-11-09 |
Filing timeline
Last 20 of 163 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-12 MA Memorandum articles
- 2025-08-08 RESOLUTIONS Resolution
- 2025-08-08 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-30 | AA | accounts | Accounts with accounts type group | |
| 2026-03-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-12 | MA | incorporation | Memorandum articles | |
| 2025-08-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-08 | CC04 | change-of-constitution | Statement of companys objects | |
| 2025-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-30 | AA | accounts | Accounts with accounts type group | |
| 2025-04-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-14 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 4
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.