AIR Kilroe Limited (03038856): administration
- Status
- In administration
- Administration began
- 2025-11-06
- Administrators
- James Miller, Gareth Harris
- Administrators' firm
- RSM
- Formerly
- Eastern Airways Limited; AIR Kilroe Limited; Standardpoint Limited
- Incorporated
- 1995-03-28
- Location
- Leeds
- Industry
- 51102 Non-scheduled passenger air transport
Why it went into administration
- Loss of a key customer, supplier or contract
- Rising costs / inflation
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Parent or group failure
From the administrators' statement
Relevant extracts from the company’s draft, audited and management financial statements are set out below.
£000 Period ending 37 “ran 31 Mar-25 31 Mar-24 31 Mar-23 Turnover 36,180 21,538 28,588 22,330 Gross profit 19,029 11,534 14,944 7,717 Operating profit (1,012) 782 139 213 Profit before tax (1,837) 782 139 214
*The Company prepared consolidated draft accounts with Eastern. The Company’s profit and loss balances relate only to stock depreciation and asset disposal.
Administrators' statement of proposals (2026-01-09) · Companies House register