HQW AEROSPACE (UK) LIMITED
Get an alert when HQW AEROSPACE (UK) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-29 (this month)
Last made up 2025-05-15
Watchouts
Cash
£682K
-28.8% vs 2023
Net assets
-£18M
-5.9% vs 2023
Employees
344
-7.8% vs 2023
Profit before tax
£1M
-54.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- HQW AEROSPACE (UK) LIMITED 2023-06-01 → present
- BARDEN CORPORATION(U.K.)LIMITED(THE) 1948-03-08 → 2023-06-01
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £38,301,873 | £32,629,770 | |
| Operating profit | £2,719,222 | £1,344,137 | |
| Profit before tax | £2,420,365 | £1,106,018 | |
| Net profit | £1,943,081 | £1,483,197 | |
| Cash | £957,686 | £681,949 | |
| Total assets less current liabilities | £20,224,226 | £20,433,010 | |
| Net assets | -£16,535,491 | -£17,509,275 | |
| Equity | -£16,535,491 | -£17,509,275 | |
| Average employees | 373 | 344 | |
| Wages | £11,795,949 | £11,041,499 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.1% | 4.1% | |
| Net margin | 5.1% | 4.5% | |
| Return on capital employed | 13.4% | 6.6% | |
| Gearing (liabilities / total assets) | 157.9% | 165.8% | |
| Current ratio | 2.72x | 3.45x | |
| Interest cover | 7.58x | 5.13x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Francis Clark
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The going concern status of the company is also reliant on the results of the ultimate parent in which these accounts are consolidated. The ultimate parent has received an unmodified audit opinion with regards to going concern. Based on the company results and the clean audit report regarding going concern for the ultimate parent, the directors believe that the company is a going concern.”
Significant events
- “The results for the year show a pre-tax profit of £1.1 million (2023 - £2.40 million) and sales of £32.6 million (2023 - £38.30 million). Sales decreased by 15%. The lower operating result in 2024 reflects the sales reduction due to the delay of a high value project moved into 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MORRIS, Neil Derwyn | Director | 2023-10-02 | Feb 1972 | British |
| STIRLING, Graham Spencer, Dr | Director | 2021-09-02 | Dec 1944 | British |
| SUN, Lie | Director | 2019-05-31 | Dec 1971 | German |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROCK, Aaron Justin James | Secretary | 2010-06-01 | 2016-07-28 |
| EVANS, Peter Jonathan Michael | Secretary | 2016-07-28 | 2019-05-31 |
| GINGELL, Ronald | Secretary | 1997-03-01 | 2010-05-31 |
| MORRIS, Anthony John | Secretary | — | 1997-02-28 |
| YOUNG, Graham Leslie | Secretary | 2019-05-31 | 2025-12-31 |
| ALLEN, Merlin John | Director | — | 1994-04-30 |
| BAUERREIS, Stefan Peter Hermann | Director | 2016-05-01 | 2019-05-31 |
| BERELSON, Irving Passon | Director | — | 1995-03-17 |
| BUCH, Robert Henry | Director | — | 1995-03-17 |
| BURNAGE, Ian Anthony | Director | 2010-07-01 | 2016-08-31 |
| DUNNE, Damian Sean | Director | 2019-05-31 | 2021-09-01 |
| ENRIGHT, Peter James | Director | 2011-01-01 | 2016-04-30 |
| EVANS, John Roger | Director | 2016-09-01 | 2016-11-30 |
| EVERETT, Jonathan Mark | Director | 2016-12-01 | 2019-05-31 |
| HENSAL, Thomas Roderick | Director | — | 1993-08-31 |
| KLEIN, Friedrich, Dr | Director | 2016-05-01 | 2016-11-30 |
| KNIGHT, Martin William | Director | 2022-02-01 | 2026-01-21 |
| MCCLOSKEY, John Albert | Director | 1994-01-01 | 2010-12-31 |
| NECKER, Armin | Director | 2019-01-16 | 2019-05-31 |
| NOSS, Stanley | Director | — | 1995-03-17 |
| PLOTZITZKA, Joerg | Director | 2021-10-01 | 2023-10-05 |
| STIRLING, Graham Spencer, Dr | Director | — | 2010-07-01 |
| WENHOLD, Gustav | Director | 2016-12-01 | 2018-10-30 |
| YOUNG, Graham Leslie | Director | 2023-10-02 | 2025-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hqw Holding (Uk) Co. Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-05-31 | Active |
| Mr Michael Wolf Walter Soeding | Individual | Significant influence | 2018-05-14 | Ceased 2019-05-31 |
| Mr Andreas Schick | Individual | Significant influence | 2018-05-14 | Ceased 2019-05-31 |
| Mr Dietmar Heinrich | Individual | Significant influence | 2017-09-01 | Ceased 2019-05-31 |
| Dr. Stefan Spindler | Individual | Significant influence | 2017-05-08 | Ceased 2019-05-31 |
| Mrs Corinna Schittenhelm | Individual | Significant influence | 2017-05-08 | Ceased 2019-05-31 |
| Prof. Dr Peter Pleus | Individual | Significant influence | 2017-05-08 | Ceased 2019-01-01 |
| Mr Oliver Jung | Individual | Significant influence | 2017-05-08 | Ceased 2018-05-14 |
| Dr Ulrich Hauck | Individual | Significant influence | 2017-05-08 | Ceased 2017-09-01 |
| Schaeffler Ag | Corporate entity | Shares 75–100% | 2017-01-01 | Ceased 2019-05-31 |
| Mr Matthias Zink | Individual | Significant influence | 2017-01-01 | Ceased 2019-05-31 |
| Mr Georg Fw Schaeffler | Individual | voting-rights-75-to-100-percent-as-firm | 2016-10-24 | Ceased 2019-05-31 |
| Prof. Dr.-Ing. Peter Gutzmer | Individual | Significant influence | 2016-04-06 | Ceased 2019-05-31 |
| Mr Klaus Rosenfeld | Individual | Significant influence | 2016-04-06 | Ceased 2019-05-31 |
Filing timeline
Last 20 of 175 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-06-01 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-23 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-07 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-19 | AA | accounts | Accounts with accounts type full | |
| 2024-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-23 | AD02 | address | Change sail address company with old address new address | |
| 2024-05-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-07 | AA | accounts | Accounts with accounts type full | |
| 2023-06-01 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-03 | AA | accounts | Accounts with accounts type full | |
| 2022-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-05 | AA | accounts | Accounts with accounts type full | |
| 2021-10-05 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-14.8%
£38,301,873 £32,629,770
-
Cash
-28.8%
£957,686 £681,949
-
Net assets
-5.9%
-£16,535,491 -£17,509,275
-
Employees
-7.8%
373 344
-
Operating profit
-50.6%
£2,719,222 £1,344,137
-
Profit before tax
-54.3%
£2,420,365 £1,106,018
-
Wages
-6.4%
£11,795,949 £11,041,499
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers