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Cash

£1.5m

-5.2% lowest in 3 filed years

Net assets

£259k

-31.6% lowest in 3 filed years

Employees

7

-22.2% lowest in 3 filed years

Profit before tax

Period ending 2025-12-31

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £4,421,287£4,360,925£4,513,792 +3.5%
Operating profit £418,925£471,336£446,503 -5.3%
Profit before tax £418,925£471,336
Net profit £319,053£352,241
Cash £1,593,902£1,627,244£1,542,228 -5.2%
Total assets less current liabilities £375,818£378,059£258,543 -31.6%
Net assets £375,818£378,059£258,543 -31.6%
Equity £375,818£378,059£258,543 -31.6%
Average employees 997 -22.2%
Wages £2,974,661£2,984,911£3,105,977 +4.1%
Directors' remuneration £1,227,981£1,278,409£1,549,425 +21.2%

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 2023-12-312024-12-312025-12-31
Operating margin 9.5%10.8%9.9%
Net margin 7.2%8.1%
Return on capital employed 111.5%124.7%172.7%
Gearing (liabilities / total assets) 78.8%86.5%
Current ratio 1.25x1.27x1.16x

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.

Name history

Renamed 3 times since incorporation

  1. ALTAVAIR (UK) LIMITED 2021-05-07 → present
  2. ALTAVAIR LIMITED 2016-10-03 → 2021-05-07
  3. GUGGENHEIM AVIATION PARTNERS LIMITED 2003-11-13 → 2016-10-03
  4. CHAINDEW LIMITED 2003-10-27 → 2003-11-13

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
BDO
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on the going concern basis which the directors believe to be appropriate based on the Company continuing to trade combined with the Company's current and forecasted financial position. The directors have considered the impact of the current economic and geopolitical conditions and do not believe there will be a significant impact to the Company. A letter of support has been provided by the parent company AAH Holdings II, LP.”

Significant events

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

People

4 active · 7 resigned

Name Role Appointed Born Nationality
TMF CORPORATE ADMINISTRATION SERVICES LIMITED Corporate Secretary 2011-09-15
NEWRICK, Paul Frederick Director 2003-11-13 May 1961 British
RIGG-CLOVES, Shirley Director 2016-09-27 Jul 1964 British
RIMMER, Stephen Thomas Director 2003-11-13 Nov 1957 British
Show 7 resigned officers
Name Role Appointed Resigned
SIR, Brian Secretary 2003-11-13 2004-07-14
CLIFFORD CHANCE SECRETARIES LIMITED Corporate Secretary 2004-07-14 2011-09-15
CLIFFORD CHANCE SECRETARIES LIMITED Corporate Nominee Secretary 2003-10-27 2003-11-13
CURCIO, Dominic Director 2003-11-13 2012-09-12
LAYTON, Matthew Robert Nominee Director 2003-10-27 2003-11-13
PUDGE, David John Director 2003-10-27 2003-11-13
SIR, Brian Director 2003-11-13 2015-11-16

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Stephen Rimmer Individual Shares 25–50%, Voting 25–50% 2016-09-30 Ceased 2018-12-14

Filing timeline

Last 20 of 107 total filings

Date Type Category Description
2026-07-09 AA accounts Accounts with accounts type full
2025-11-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-16 AA accounts Accounts with accounts type full
2024-11-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-10 AA accounts Accounts with accounts type full
2023-12-04 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2023-12-04 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-11-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-02 CH01 officers Change person director company with change date PDF
2023-10-02 AD01 address Change registered office address company with date old address new address PDF
2023-10-02 CH01 officers Change person director company with change date PDF
2023-10-02 PSC04 persons-with-significant-control Change to a person with significant control PDF
2023-10-02 CH01 officers Change person director company with change date PDF
2023-09-26 CH04 officers Change corporate secretary company with change date PDF
2023-07-31 AA accounts Accounts with accounts type full
2022-11-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-11-04 CH01 officers Change person director company with change date PDF
2022-11-04 CH01 officers Change person director company with change date PDF
2022-11-04 PSC04 persons-with-significant-control Change to a person with significant control PDF
2022-11-04 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

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.

Official Companies House page