KILLINCHY AEROSPACE HOLDINGS LIMITED

1. KILLINCHY AEROSPACE HOLDINGS LIMITED 2011-03-17 → present
2. MARTIN-BAKER (ENGINEERING) LIMITED 1965-11-05 → 2011-03-17

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the directors have a reasonable expectation that the Group and Company have adequate resources to continue in operational existence for the foreseeable future.”

Group structure

1. KILLINCHY AEROSPACE HOLDINGS LIMITED · parent
   1. Martin-Baker Aircraft Company Limited 100% · UK · Aerospace safety and escape systems
   2. Crossgar Aviation Limited 100% · UK · Non-trading
   3. Martin-Baker America Inc. 100% · America · Aerospace safety and escape systems
   4. Killinchy America Inc. 100% · America · Holding company
   5. Martin-Baker Australia Pty 100% · Australia · Aerospace safety and escape systems
   6. J. Martin Armaments Limited 100% · UK · Dormant
   7. Hydramec Limited 100% · UK · Aerospace safety and escape systems

Significant events

• “The defined benefit scheme held by the main operating subsidiary, Martin-Baker Aircraft Company Limited, entered into a £73.4m buy-in transaction covering all of the scheme members. The buy-in had an inception date of 8 May 2025 whereby assets of the plan were invested in a bulk purchase annuity policy with the insurer, Aviva, under which the benefits payable to defined benefit members covered under the scheme became fully insured. This has been treated as a non-adjusting post balance sheet event and, accordingly, has not impacted the recognition or measurement of the pension scheme assets and liabilities in the financial statements as at the reporting date.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +16.3%

  £346,724,000 → £403,350,000

• Cash

  -5.3%

  £60,533,000 → £57,352,000

• Net assets

  +5.8%

  £446,915,000 → £472,859,000

• Employees

  +5.7%

  1,327 → 1,402

• Operating profit

  +0.3%

  £90,380,000 → £90,658,000

• Profit before tax

  -0.3%

  £98,994,000 → £98,670,000

• Wages

  +9.1%

  £69,023,000 → £75,305,000

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