Eastern Airways (UK) Limited (03468489): administration
- Status
- In administration
- Administration began
- 2025-11-06
- Administrators
- James Miller, Gareth Harris
- Administrators' firm
- RSM
- Incorporated
- 1997-11-19
- Location
- Leeds
- Industry
- 51101 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 audited and draft financial statements and management accounts are summarised below.
£000 Period ending 37 “ran 37 Ghat) 31 Mar-24 | 31 Mar-23 Turnover 36,180 51,324 38,058 34,000 Gross profit 19,029 14,037 2,915 3,316 Operating profit (1,012) 954 368 (124) Profit before tax (1,837) 648 114 (764)
“The Company prepared consolidated draft accounts with Air Kilroe. The Air Kilroe profit and loss balances related only to stock depreciation and asset disposal.
Administrators' statement of proposals (2026-01-09) · Companies House register