PENNY & GILES AEROSPACE LIMITED

1. PENNY & GILES AEROSPACE LIMITED 1996-04-01 → present
2. PENNY & GILES DATA RECORDERS LIMITED 1989-03-10 → 1996-04-01
3. PENNY & GILES DATA TECHNOLOGY LIMITED 1989-01-18 → 1989-03-10

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

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Revenue has increased by over 20% compared to 2023, whilst margins have been maintained over the same period, resulting in a 27.9% increased in profits before tax.”
• “No dividend was paid in 2024 (2023: £2.5m) and all profits were therefore retained by the company. This has grown net assets by £7.6m, a 38% increase year on year (2023: 22% increase).”
• “Supply chain challenges have reduced considerably giving the Company greater consistency of supply.”
• “Pool cars transitioned to hybrid saving 3,570 kWh completed July 2024.”
• “Implementation of Energy Management for chillers, air compressors, test chambers and office/canteen at the Bournemouth site saving 254,253 kWh completed January 2024.”
• “Install Solar PV (999kWp at Bournemouth Site saving 2,124,183 kWh to be implemented in July 2025.”
• “Implementation of a behaviour change initiative, switch off and turn down, saving 18,900 kWh to be implemented August 2025.”
• “The Company has an active programme of research and development, the costs of which expensed in the year amounted to £2.35m (2023 - £2.2m).”
• “In May 2024, the Corporation's stockholders approved the Curtiss-Wright 2024 Omnibus Incentive Plan. During the year, the Corporation granted share-based awards in the form of restricted stock units (RSU) and cash-based performance units (PSU).”

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

Filings

3

last 12 months

Capital events

1

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

  +22.3%

  £41,698,000 → £50,994,000

• Cash

  +21.5%

  £11,339,000 → £13,776,000

• Net assets

  +38.8%

  £19,613,000 → £27,220,000

• Employees

  +10.2%

  108 → 119

• Operating profit

  +23.3%

  £8,748,000 → £10,784,000

• Profit before tax

  +27.9%

  £8,341,000 → £10,666,000

• Wages

  +21.8%

  £5,137,000 → £6,257,000

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