PPRuNe Forums - View Single Post - Hill Helicopters HX50
View Single Post
Old 22nd Aug 2022, 12:44
  #514 (permalink)  
206 jock
 
Join Date: Feb 2004
Location: South of UK
Posts: 521
Received 21 Likes on 16 Posts
Interesting to see that the accounts up to July 2021 (filed on or around 4th July 2022) for Hill Helicopters and 6 other various entities that were set up behind it. Not unusual for a company to have HoldCos and SubCos but a little odd that it took nearly 12 months to get their unaudited accounts signed off.

What did strike me is that in none of the entities that I looked at, are there a significant number of employees: Dr Hill and his wife are the only Directors, and one of the entities shows that there are three employees....including the Directors. Ergo all of the other people working are freelance or contractors.

If I was placing a deposit (which I am not), the first question I would ask is....what happens if Jason gets run over by a bus? I'd want to see him wrapped in cotton wool!
206 jock is offline