RO-ARK AEROSPACE LIMITED

Company Registration Number:
15319796 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 30 November 2023

End date: 30 November 2024

RO-ARK AEROSPACE LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

RO-ARK AEROSPACE LIMITED

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal activities of the company

Ro-Ark Aerospace Limited is principally engaged in the manufacture and service deployment of drone detection systems, counter drone systems and unmanned vehicles.

Company policy on disabled employees

Our approach to disability equality focuses on the social model of disability. We aim to create an inclusive and supportive working environment where all staff with a disability or long term health condition feel valued and can reach their full potential. In promoting a proactive approach to anticipating barriers that exist in the workplace rather than individual impairments this encourages an accessible and inclusive environment for all. We understand that disabled staff or those with long term health conditions may need reasonable adjustments and additional support to meet the demands of their role.



Directors

The director shown below has held office during the whole of the period from
30 November 2023 to 30 November 2024

Patton Atkinson French

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 June 2025

And signed on behalf of the board by:
Name: Patton Atkinson French
Status: Director

RO-ARK AEROSPACE LIMITED

Profit And Loss Account

for the Period Ended 30 November 2024

2024


£
Turnover: 36,906,898
Cost of sales: ( 49,324,972 )
Gross profit(or loss): (12,418,074)
Distribution costs: 0
Administrative expenses: ( 3,094,908 )
Other operating income: 0
Operating profit(or loss): (15,512,982)
Interest receivable and similar income: 23,712
Interest payable and similar charges: ( 1,072,500 )
Profit(or loss) before tax: (16,561,770)
Tax: 0
Profit(or loss) for the financial year: (16,561,770)

RO-ARK AEROSPACE LIMITED

Balance sheet

As at 30 November 2024

Notes 2024


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 1,890,000
Tangible assets: 4 5,485,661
Investments:   0
Total fixed assets: 7,375,661
Current assets
Stocks: 5 13,581,223
Debtors: 6 87,109,226
Cash at bank and in hand: 6,109,227
Investments:   0
Total current assets: 106,799,676
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 7 ( 17,409,012 )
Net current assets (liabilities): 89,390,664
Total assets less current liabilities: 96,766,325
Creditors: amounts falling due after more than one year: 8 ( 16,420,000 )
Provision for liabilities: ( 1,000,000 )
Accruals and deferred income: 0
Total net assets (liabilities): 79,346,325
Capital and reserves
Called up share capital: 1
Share premium account: 38,750,000
Other reserves: 40,596,324
Profit and loss account: 0
Total Shareholders' funds: 79,346,325

The notes form part of these financial statements

RO-ARK AEROSPACE LIMITED

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 June 2025
and signed on behalf of the board by:

Name: Patton Atkinson French
Status: Director

The notes form part of these financial statements

RO-ARK AEROSPACE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover equates to total group sales received in the accounting period across both UK and US entities

    Tangible fixed assets depreciation policy

    Straight-line depreciation

RO-ARK AEROSPACE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024
    Average number of employees during the period 49

    Relates only to UK based employees and does not include contractors or international based employees

RO-ARK AEROSPACE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 1,890,000 1,890,000
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 30 November 2024 1,890,000 1,890,000
Amortisation
Charge for year 0 0
On disposals 0 0
Other adjustments 0 0
At 30 November 2024 0 0
Net book value
At 30 November 2024 1,890,000 1,890,000

RO-ARK AEROSPACE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 4,109,313 1,296,104 80,244 5,485,661
Disposals
Revaluations
Transfers
At 30 November 2024 4,109,313 1,296,104 80,244 5,485,661
Depreciation
Charge for year
On disposals
Other adjustments
At 30 November 2024
Net book value
At 30 November 2024 4,109,313 1,296,104 80,244 5,485,661

RO-ARK AEROSPACE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Stocks

2024
£
Stocks 13,581,223
Total 13,581,223

RO-ARK AEROSPACE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Debtors

2024
£
Trade debtors 7,610,822
Prepayments and accrued income 79,498,404
Total 87,109,226
Debtors due after more than one year: 36,109,654

RO-ARK AEROSPACE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

7. Creditors: amounts falling due within one year note

2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 891,443
Trade creditors 1,491,224
Taxation and social security 174,443
Accruals and deferred income 0
Other creditors 14,851,902
Total 17,409,012

£16,420,000 bond at 6.5% APR term date March 2029

RO-ARK AEROSPACE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

8. Creditors: amounts falling due after more than one year note

2024
£
Other creditors 16,420,000
Total 16,420,000

RO-ARK AEROSPACE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

9. Financial Commitments

Ongoing financial commitments relate to the approximate service value of each individual contract