Islander Aircraft Ltd.
- Small
- Holding
- Active
- 17 years
- 13 employees
- £313,258 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Islander Aircraft Ltd, based in Cumbernauld, UK, is a small holding company with an active status. Founded seventeen years ago in 2007, the company employs thirteen people and holds £313,258 in assets. It’s managed by three directors and one owner, with a real address registered at Cumbernauld Airport. Islander Aircraft Ltd regularly imports aircraft, spacecraft, and their parts – three months of import activity were recorded, the last in October 2024. It doesn't export anything.
The company’s website reveals it’s an MRO (Maintenance, Repair, and Overhaul) facility specializing in aircraft services, particularly for the Britten Norman Islander. It offers a wide range of services, including maintenance, repairs, modifications, and even design services, with a Part21J approval allowing for modifications and repairs. The website also highlights aircraft for sale, refurbished Islanders, and a gallery showcasing their work. They even provide certification services, including battery capacity checks.
Financially, Islander Aircraft Ltd shows a mixed picture. Current assets have fallen significantly, dropping 86% to £310,000, and net assets have plummeted 72% to £250,000. Cash reserves have also taken a hit, decreasing 81% to just £100,000. Bank borrowings have increased, and trade debtors have fallen dramatically. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The significant drop in equity suggests the company may be burning through money, but the decrease in creditors could indicate improved debt management. The company’s website does not mention an auditor.
Registered in Scotland under the registration number SC332375, with a registered address at G68 0HH, Cumbernauld, Glasgow, Cumbernauld Airport, Duncan Mcintosh Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Trustees Of The Islander Aircraft Employee Ownership Trust Ltd
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Smith Kirsty
- 4 years
-
Resident of United Kingdom
-
Individual
- Cormack George
- 17 years
- 2
-
Resident of United Kingdom
-
Individual
- Ellcome Susan Elizabeth Harby
- 17 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Director's details changed for Kirsty Elizabeth May Smith on 2025-01-28Download 2 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
-
Confirmation statement made on 2024-10-15 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Similar importers
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Exporter profile by HS codes
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Last exported products
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FAQ about Islander Aircraft Ltd.
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