Sagey...
Getting the Accounts through CH is possible... However, they are likely to be pretty meaningless. It is very easy to "massage" the accounts, and most largish companies operate as a network of Ltd. companies, and trying to unravel this lot is very difficult.
It is for this reason that Virgin's "Profit" and "Loss" declarations need to be watched carefully. "Virgin Atlantic" is one limited company of a network of 50+ largely owned and run by RB. A lot of the other companies are effectively subsidiaries, and only trade with VA. So if RB wishes to show a loss (e.g. "cos of big bad BA"), then a subsidiary charges excessive amounts for their services. Result, RB has same amount of money, but VA shows a loss (and some subsidiary you've never heard of does very well, but nobody notices). vv this year when "big bad BA" made a loss, so lets show how well VA is doing = declare a profit!
This may have been restricted somewhat now with SA involved, but this will be due to the terms they agreed - not due to reporting requirements etc.
BMI is (was?) rumoured to do the same - large "handling charges" applied in the CI = money shifting offshore. I have to say this is only a rumour - I do not know if BMI fly (or flew) to the CI - but the principle is there.
CH reporting requirements are designed to prevent fraud, and offer some transparency. However, they are not designed to see the true profit and loss state of a company, hence why the IR reporting requirments are different (effectively requiring the network of companies to report as one).
plc requirements are much stricter, since they are designed to show potential and current public investors what's really happening...
Given the rumours of who really owns Monarch, there's no doubt a large offshore element involved, and I doubt you'd ever get a true reflection...
NoD