GE AVIATION SYSTEMS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-23 (this month)
Last made up 2025-05-09
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£214M
+4.2% vs 2023
Employees
2,215
+5.4% vs 2023
Profit before tax
-£2M
-106.9% vs 2023
Name history
Renamed 3 times since incorporation
- GE AVIATION SYSTEMS LIMITED 2007-10-29 → present
- SMITHS AEROSPACE LIMITED 2001-06-15 → 2007-10-29
- SMITHS INDUSTRIES AEROSPACE & DEFENCE SYSTEMS LIMITED 1983-11-18 → 2001-06-15
- SPECTO AVIONICS LIMITED 1963-01-03 → 1983-11-18
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £381,856,190 | £463,555,226 | |
| Operating profit | £29,349,889 | -£2,570,793 | |
| Profit before tax | £27,381,764 | -£1,892,513 | |
| Net profit | £54,639,733 | £9,845,812 | |
| Cash | — | — | |
| Total assets less current liabilities | £433,418,087 | £448,209,044 | |
| Net assets | £205,825,797 | £214,455,893 | |
| Equity | £205,825,797 | £214,455,893 | |
| Average employees | 2,101 | 2,215 | |
| Wages | £117,624,166 | £138,313,566 |
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 | 7.7% | -0.6% | |
| Net margin | 14.3% | 2.1% | |
| Return on capital employed | 6.8% | -0.6% | |
| Gearing (liabilities / total assets) | 66.2% | 64.7% | |
| Current ratio | 1.64x | 1.98x | |
| Interest cover | 14.60x | -2.59x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are confident that the company will have sufficient funds to continue in operational existence for at least 12 months from the date of approval of these financial statements and they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “There have been no significant post balance sheet events affecting the company since the year end which require disclosure in or amendment to the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 43 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| THATCHER, Alex | Secretary | 2024-09-26 | — | — |
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2009-12-01 | — | — |
| BASU, Garima | Director | 2025-01-08 | Aug 1969 | British |
| BILBAO LAREDO, Gaizka | Director | 2023-09-27 | Jun 1977 | Spanish |
| CHESTNEY, Jonathan Andrew | Director | 2023-09-27 | Mar 1968 | British |
| HAIGH, John | Director | 2020-01-28 | Oct 1968 | British |
| JOHNSTON, Henry Frank | Director | 2020-07-02 | Apr 1979 | British |
| RYAN, Michelle Nicola | Director | 2025-01-08 | Aug 1987 | British |
Show 43 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURDETT, Neil Robert | Secretary | 2000-12-11 | 2007-05-04 |
| CHUBB, Tristan Keith | Secretary | 2015-12-15 | 2024-09-26 |
| MCALISTER, Bruce Alastair | Secretary | 2007-05-04 | 2014-06-16 |
| SMITH, Alan | Secretary | — | 2000-12-11 |
| WEIGEL, William Breck | Secretary | 2014-06-16 | 2015-12-15 |
| MAWLAW SECRETARIES LIMITED | Corporate Secretary | 2007-10-24 | 2009-11-17 |
| ALBRECHT, Ronald Charles | Director | 1998-09-01 | 2006-06-01 |
| ANDERSON, Alasdair John | Director | 2023-09-27 | 2024-09-26 |
| BARBER, Norman Victor | Director | — | 2000-07-31 |
| BLACKMAN, Anthony Lionel | Director | — | 1992-12-31 |
| BRADLEY, Thomas William | Director | 2015-03-27 | 2017-01-20 |
| CARROLL, Philip | Director | 2007-05-04 | 2010-07-09 |
| COLLINS, Philip Howard | Director | 1998-09-01 | 2001-10-02 |
| DONOVAN, Ian Edward | Director | 1998-09-01 | 2000-07-31 |
| DONOVAN, Ian Edward | Director | — | 1998-09-01 |
| FERRIE, John, Dr | Director | 2000-09-01 | 2008-12-31 |
| FORD, Toby Duncan | Director | 2011-04-11 | 2015-09-24 |
| HUGHES, Nigel Howard | Director | — | 1997-08-15 |
| JACKSON, Derek Ian | Director | — | 1994-08-31 |
| JONES, Alan | Director | 2012-06-06 | 2014-06-16 |
| JONES, Martin Hartley, Dr | Director | 2000-05-19 | 2002-12-18 |
| JONES, Martin Hartley, Dr | Director | — | 1995-02-01 |
| JONES, Michael David | Director | 1998-09-01 | 2007-05-04 |
| KNIGHT, Brian Roy William | Director | 2003-03-10 | 2007-12-31 |
| KNIGHT, Michael William Patrick, Sir | Director | 1993-01-01 | 1995-02-28 |
| LAITY, Paul Danton | Director | 2014-06-16 | 2021-01-07 |
| LEGG, John Malcolm | Director | 1995-02-14 | 2002-10-31 |
| LINACRE, Simon | Director | 2011-04-11 | 2016-12-16 |
| MACKINTOSH, Euan Kenneth | Director | — | 1998-09-30 |
| NEWTON, Ian Paul Lewis | Director | — | 1994-08-26 |
| SEEMAYER, Bradley Josef | Director | 2018-06-13 | 2025-01-08 |
| SHELLEY, Daniel Todd | Director | 2020-01-28 | 2024-07-08 |
| SHEPPARD, David | Director | 1995-02-14 | 2000-05-19 |
| SLATE, Liam Martin | Director | 2015-09-24 | 2025-01-08 |
| SPIERS, Donald Maurice, Sir | Director | 1995-08-06 | 1998-07-30 |
| STEVENSON, Anthony Roy | Director | — | 1996-10-31 |
| SUTTON, Benjamin | Director | 2010-04-01 | 2012-12-03 |
| TAYLOR, Stephen Joseph | Director | 2008-09-01 | 2010-10-07 |
| THORNTON, Graham Kenneth, Dr | Director | — | 1999-12-31 |
| TONGUE, Peter Richard | Director | 1998-09-01 | 2002-12-18 |
| TOWERS, Oliver | Director | 2008-09-01 | 2020-07-02 |
| TROWBRIDGE, Mark | Director | 2025-01-08 | 2025-11-26 |
| WILTON, Nicholas John | Director | 1995-02-14 | 2001-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ge Infrastructure Aviation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 249 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-14 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-10-12 | AA | accounts | Accounts with accounts type full | |
| 2024-09-27 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-09-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-25 | CH01 | officers | Change person director company with change date | |
| 2024-06-25 | CH03 | officers | Change person secretary company with change date | |
| 2024-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-28 | AP01 | officers | Appoint person director company with name date |
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
+21.4%
£381,856,190 £463,555,226
-
Cash
—
Not reported
-
Net assets
+4.2%
£205,825,797 £214,455,893
-
Employees
+5.4%
2,101 2,215
-
Operating profit
-108.8%
£29,349,889 -£2,570,793
-
Profit before tax
-106.9%
£27,381,764 -£1,892,513
-
Wages
+17.6%
£117,624,166 £138,313,566
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