996, I was referring to FAST as well. FAST Helicopters is now entirely owned by Alan Mann Aviation Group Ltd, not Longmint AViation Ltd. OBviously we know they are all "connected" but there is now no direct ownership by Longmint.
The share capital of a company, as a stand-alone figure, doesn't really tell us much.
A company's balance sheet could typically look like
Fixed assets £2,000,000
Stock £ 300,00
Debtors £ 800,000
Cash £ 151,849
Creditors £( 600,000)
Long term loans £( 900,000)
Net worth £1,751,849
Represented by
Share capital £ 751,849
Profit reserves £1,000,000
Net worth £1,751,849
The same company, two years later, with the same level of trading could now look like
Fixed assets £2,000,000
Stock £ 300,00
Debtors £ 800,000
Cash £ 0
Creditors £( 600,000)
Long term loans £( 2,748,151)
Net worth £(248,151)
Represented by
Share capital £ 751,849
Losses to date £(1,000,000)
Net worth £(248,151)
The second is a company with the same share capital but negative net worth and trading illegally without the means to pay its debts.
Hope that helps,
Cheers
Whirls