PPRuNe Forums - View Single Post - Problems with aircraft registered with southern aircraft NReg
Old 17th January 2026 | 09:50
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OvertHawk
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Joined: Apr 2010
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From: Lost again...
Originally Posted by nomorehelosforme
Having taken a look at their accounts filings with Companies House I find it remarkable that a company that is involved with 800 or so aircraft are showing financials worth about the same value as a pair of 5 year old Range Rovers. Additionally a number of changes in Directors in recent years.
It doesn't surprise me at all - You would want a company such as this to have absolute minimum financial assets so that if something such as this occurs there is nothing for people to sue for and it can quietly go bankrupt.
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