Norse Atlantic Uk Ltd in Crawley, RH10 9XA

Description

Data updated on: 01-11-2023

Registered as 13384302 3 years ago, Norse Atlantic Uk Ltd was set up as a Private Limited Company. The business active registration address is Astral Towers, Betts Way Crawley. The company's declared SIC number is 51101, that means Scheduled passenger air transport. Norse Atlantic Uk Limited reported its account information for the period up to 31st December 2022. The business latest annual confirmation statement was released on 9th May 2023.

Considering the firm's size, it was imperative to formally appoint additional executives, including: Sean S., Bjorn L., David T. who have been working together since 2023-02-07 to exercise independent judgement of this company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-12-31	2022-12-31
Currency

Balance Sheet
Current Assets	3 311 178	32 693 702
Net Assets Liabilities	3 219 257	15 193 741

Other Financial Data
Accrued Liabilities	16 500	43 358
Accumulated Depreciation Impairment Property Plant Equipment		2 650 114
Additions Other Than Through Business Combinations Property Plant Equipment		39 238 023
Administrative Expenses	736 047	11 550 244
Amounts Owed By Related Parties		7 177 064
Amounts Owed To Related Parties		13 348 582
Average Number Employees During Period	9	94
Balances Amounts Owed By Related Parties		7 177 064
Balances Amounts Owed To Related Parties		51 732 403
Balances With Banks	3 265 654	24 998 454
Cash Cash Equivalents	3 265 654	24 998 454
Cash Cash Equivalents Cash Flow Value	3 265 654	24 998 454
Comprehensive Income Expense	-1 561 686	-18 051 032
Cost Sales	44 285	4 930 197
Depreciation Expense Property Plant Equipment		2 650 114
Further Item Finance Cost Component Total Finance Cost		276 270
Further Item Interest Expense Component Total Interest Expense	513
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	91 921	857 904
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-45 424	-7 649 724
Gross Profit Loss	-44 285	3 121 054
Income Expense Recognised Directly In Equity	4 000 100	21 000 000
Income From Related Parties		8 051 251
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	3 265 654	21 732 800
Increase From Depreciation Charge For Year Property Plant Equipment		2 650 114
Interest Expense On Lease Liabilities		551 440
Interest Income From Group Undertakings		1 888
Interest Income On Bank Deposits	2	229 496
Interest Paid Classified As Financing Activities	513
Interest Paid Classified As Operating Activities	513	827 710
Interest Payable Similar Charges Finance Costs	513	827 710
Interest Received Classified As Investing Activities	2	231 384
Interest Received Classified As Operating Activities	2	231 384
Issue Equity Instruments	4 000 100	21 000 000
Lease Liabilities		-38 377 462
Lease Liabilities Non-current Liability		-38 377 462
Net Cash Flows From Used In Financing Activities	4 000 000	34 072 312
Net Cash Flows From Used In Investing Activities	2	231 384
Net Cash Flows From Used In Operating Activities	-734 346	-12 570 896
Net Cash Generated From Operations	-733 835	-12 570 896
Nominal Value Shares Issued In Period	4 000 100	21 000 000
Non-current Assets		36 587 909
Non-current Liabilities		51 726 044
Number Shares Issued Fully Paid	4 000 100	25 000 100
Number Shares Issued In Period- Gross	4 000 100	21 000 000
Operating Profit Loss	-780 332	-8 429 190
Other Interest Receivable Similar Income Finance Income	2	231 384
Other Payables	42 822	1 362 703
Other Receivables	24 384	518 184
Other Remaining Borrowings		38 377 462
Other Revenue		128 871
Payments To Related Parties		736 290
Pension Costs Defined Contribution Plan	19 253	256 933
Prepayments Accrued Income	21 140
Proceeds From Borrowings Classified As Financing Activities		13 072 312
Proceeds From Issuing Shares	4 000 000	21 000 000
Profit Loss	-780 843	-9 025 516
Profit Loss Before Tax	-780 843	-9 025 516
Property Plant Equipment Gross Cost		39 238 023
Property Plant Equipment Including Right-of-use Assets		36 587 909
Revenue From Sale Goods		7 922 380
Social Security Costs	42 595
Staff Costs Employee Benefits Expense	589 232	6 952 900
Taxation Social Security Payable		306 744
Total Assets	3 311 178	69 281 611
Total Borrowings		-38 377 462
Total Liabilities	91 921	54 087 870
Trade Creditors Trade Payables	32 599	642 662
Trade Other Payables	91 921	13 348 582
Trade Other Receivables	45 524	7 695 248
Turnover Revenue		8 051 251
Wages Salaries	509 201	5 878 571
Company Contributions To Defined Benefit Plans Directors	5 591
Director Remuneration	139 135
Director Remuneration Benefits Including Payments To Third Parties	144 726
Audit Fees Expenses	5 000	12 000