MUIRHEAD AEROSPACE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-07 (in 9mo)
Last made up 2026-01-24
Watchouts
None on the register
Cash
£4M
+59% vs 2023
Net assets
£31M
+4.2% vs 2023
Employees
76
+18.8% vs 2023
Profit before tax
£6M
+59.2% vs 2023
Name history
Renamed 2 times since incorporation
- MUIRHEAD AEROSPACE LIMITED 1999-12-20 → present
- MUIRHEAD VACTRIC COMPONENTS LIMITED 1976-12-31 → 1999-12-20
- VACTRIC(CONTROL EQUIPMENT)LIMITED 1956-01-13 → 1976-12-31
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 | £17,636,000 | £22,513,000 | |
| Operating profit | £2,527,000 | £4,699,000 | |
| Profit before tax | £3,848,000 | £6,127,000 | |
| Net profit | £3,953,000 | £6,262,000 | |
| Cash | £2,330,000 | £3,704,000 | |
| Total assets less current liabilities | £31,610,000 | £31,029,000 | |
| Net assets | £29,705,000 | £30,962,000 | |
| Equity | £29,705,000 | £30,962,000 | |
| Average employees | 64 | 76 | |
| Wages | £4,252,000 | £4,808,000 |
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 | 14.3% | 20.9% | |
| Net margin | 22.4% | 27.8% | |
| Return on capital employed | 8.0% | 15.1% | |
| Current ratio | 8.96x | 5.72x | |
| Interest cover | 66.50x | 127.00x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have stress tested the forecasts for the remainder of 2025 and through to 31 December 2026 noting the most significant factor impacting cash inflows for the Company is the level of revenues being generated. These stress tests show that, without any management actions to further mitigate costs, a fall in forecast revenues of more than 50% would be required over 12 months from the date of approval of these financial statements for the Company to run out of liquid funds. This fall in revenue represents a significant reduction on forecast revenues for the next 12 months as well as a reduction on actual and forecast revenues for the year ended 31 December 2025. However, the Directors would not tolerate such a fall in revenue without taking further measures to reduce costs in the business.”
Significant events
- “Additionally, during the year, the AMETEK Miami business Avtech, has been fully integrated into the Company's business, with assets, inventories, and customer lists officially transferred effectively from 1st January 2024. The transaction was part of a group restructuring effort within the AMETEK group to facilitate entry into the European market and did constitute a business acquisition. The Company has paid consideration of £0.5M towards the acquisition of the assets.”
- “MHD recently relocated to a newly refurbished building in Langley in October 2023, which has photovoltaic (solar) panels, grass walls and smart lighting to help with the current environmental challenges of the business.”
- “We encourage owners of the Company car fleet to be either hybrid or fully electric vehicles, and the Company has provided onsite EV charging facilities for these vehicles.”
- “As of reporting date, the Company has made distributions amounting to £4,500,000 in respect of the year ended 31 December 2025.”
- “Effective from 1 January 2024, the Company acquired property, plant and equipment, inventories and the trade/ product list of part of the AMETEK MRO Florida Inc business, a fellow AMETEK Inc group undertaking. The consideration paid for the acquired assets and trade was £513,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 45 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CARINO, Lynn | Secretary | 2019-06-20 | — | — |
| BENTLEY, David | Director | 2023-11-03 | Aug 1970 | British |
| WHEELER, Andrew | Director | 2023-06-30 | Jul 1964 | British |
| ZETTI, Pietro Luigi Enrico | Director | 2018-04-25 | Jun 1968 | Italian |
Show 45 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ATWELL, Joy | Secretary | 2017-01-11 | 2019-06-20 |
| BERRY, Philip | Secretary | 1996-07-03 | 1998-07-31 |
| COLEY, David Bruce, Mr. | Secretary | 2008-11-03 | 2018-04-25 |
| GEORGE, Robert David | Secretary | 1999-10-11 | 2000-12-21 |
| KENDRICK, Warwick Kenneth | Secretary | 1998-07-31 | 1999-10-11 |
| SENA, Kathryn Ethel | Secretary | 2008-11-03 | 2017-01-11 |
| WOODROW, Rowland Kevin Lindley | Secretary | — | 1997-02-28 |
| MITRE SECRETARIES LIMITED | Corporate Secretary | 2000-12-21 | 2008-11-03 |
| BAKER, Kenneth Michael | Director | — | 1991-11-25 |
| BAKEWELL, Brian Arthur | Director | 1997-02-21 | 2003-09-12 |
| BERRY, Philip | Director | 1996-07-03 | 1998-07-31 |
| BOWKER, Philip Antony | Director | 1999-04-27 | 2005-08-31 |
| COCKCROFT, Stuart David | Director | 1997-09-03 | 2004-04-02 |
| COLEY, David Bruce, Mr. | Director | 2009-01-06 | 2018-04-25 |
| CREMIN, Robert William | Director | 1999-12-06 | 2008-11-03 |
| DUNBAR, Douglas | Director | 1995-03-01 | 2001-10-23 |
| ETHERTON, John Robert | Director | 1999-04-27 | 2004-03-26 |
| EVANS, Mark Winston | Director | 2004-04-02 | 2007-12-31 |
| FILECCIA, Piero | Director | 1997-06-02 | 1999-10-11 |
| FISHER, Kathleen | Director | 2002-06-17 | 2003-09-12 |
| FRANCIS, David Robert Peter | Director | 1997-02-21 | 1997-04-30 |
| GAMBRILL, Colin James | Director | 2004-03-22 | 2004-11-15 |
| GEORGE, Robert David | Director | 1999-10-11 | 2008-11-03 |
| GEORGES PICOT, Come Carl Herve | Director | 2001-12-10 | 2004-06-09 |
| GLASSPOOL, Norma Jean | Director | 1996-07-03 | 2001-12-31 |
| GOGERLY, Peter Robin | Director | — | 1993-12-01 |
| HARDIN, John Wesley | Director | 2008-11-03 | 2025-06-20 |
| HARDING, Alan | Director | 2022-06-30 | 2023-05-26 |
| HOLMWOOD, Robert William | Director | 1999-04-27 | 2003-09-12 |
| JANSEN, Cletus Patrick | Director | — | 1999-04-26 |
| KENDRICK, Warwick Kenneth | Director | — | 1999-10-11 |
| KRING, Larry Albert | Director | 1999-10-11 | 2008-11-03 |
| LAWRENCE, Andrew John | Director | — | 1998-09-25 |
| LAWRENCE, Richard Bradley | Director | 2007-05-18 | 2008-11-03 |
| NORMAN, David John | Director | — | 1993-08-31 |
| PAYNE, Graham William | Director | 2006-06-26 | 2008-11-03 |
| SHARMA, Pradeep Kumar | Director | 2001-12-10 | 2009-10-30 |
| SMART, Kenneth John | Director | 2004-06-08 | 2006-06-26 |
| SMITH, John Geoffrey | Director | 2008-11-03 | 2018-09-28 |
| SMITH, Leigh Mark | Director | 2008-11-03 | 2012-04-30 |
| WELLS, Stephen Keith | Director | 1999-04-27 | 2022-09-30 |
| WILSON, Thomas Girard | Director | 2018-09-28 | 2022-06-30 |
| WOOD, Richard John | Director | 2005-02-09 | 2007-05-18 |
| WOODROW, Rowland Kevin Lindley | Director | — | 1997-02-28 |
| WYPER, Alan William | Director | 1999-04-27 | 1999-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ametek Aerospace And Defense Group Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 248 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-04 | AA | accounts | Accounts with accounts type full | |
| 2025-06-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-03 | AA | accounts | Accounts with accounts type full | |
| 2024-08-15 | CH01 | officers | Change person director company with change date | |
| 2024-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-07-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-24 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-06 | AA | accounts | Accounts with accounts type full | |
| 2022-06-30 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-13 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2021-10-13 | SH20 | capital | Legacy | |
| 2021-10-13 | CAP-SS | insolvency | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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
+27.7%
£17,636,000 £22,513,000
-
Cash
+59%
£2,330,000 £3,704,000
-
Net assets
+4.2%
£29,705,000 £30,962,000
-
Employees
+18.8%
64 76
-
Operating profit
+86%
£2,527,000 £4,699,000
-
Profit before tax
+59.2%
£3,848,000 £6,127,000
-
Wages
+13.1%
£4,252,000 £4,808,000
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