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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-11-03 (in 6mo)

Last made up 2025-10-20

Watchouts

None on the register

Cash

£7M

-11.7% vs 2024

Net assets

£4M

+4.3% vs 2024

Employees

185

+1.6% vs 2024

Profit before tax

£5M

-23.4% vs 2024

Name history

Renamed 1 time since incorporation

  1. DAVIES TURNER AIR CARGO LIMITED 1990-11-09 → present
  2. LASER FREIGHT SERVICES LIMITED 1990-06-20 → 1990-11-09

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £58,512,000£58,563,000
Operating profit £5,769,000£4,357,000
Profit before tax £6,171,000£4,730,000
Net profit £4,791,000£3,672,000
Cash £8,319,000£7,349,000
Total assets less current liabilities £4,094,000£4,370,000
Net assets £4,051,000£4,224,000
Equity £4,051,000£4,224,000
Average employees 182185
Wages £8,521,000£8,675,000

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 2024-03-312025-03-31
Operating margin 9.9%7.4%
Net margin 8.2%6.3%
Return on capital employed 140.9%99.7%
Current ratio 1.24x1.28x
Interest cover 2884.50x

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 company operates with a strong and consistent level of cash resources with £7.3m cash and cash equivalents at the year-end (2024: £8.3m) and no external borrowings. This gives the company a significant buffer against any downturns in business activity or significant cost rises. Having reviewed the downside scenarios in conjunction with its projected cash flow forecast to 30 September 2026, the directors were satisfied that there were no plausible scenarios that gave a threat to the financial position of the company.”

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

People

9 active · 16 resigned

Name Role Appointed Born Nationality
SOAR, Tanjot Singh Secretary 2017-11-16
CORSON, Alan Director 2008-04-01 Dec 1960 British
FIELD, Peter Harvey Director 2024-04-01 Aug 1967 British
KING, Stephen Roy Director 2023-08-31 Mar 1970 British
PERKINS, Ralph Robert Albert Director 2006-10-01 Oct 1962 British
STEPHENSON, Edward Davies Peter Bethell Director 2022-04-01 May 1982 British
STEPHENSON, Emily Daphne Director 2022-04-01 Nov 1984 British
STEPHENSON, Michael John Director Aug 1951 British
WHEATLEY, James Matthew Director 2015-04-01 Jun 1976 British
Show 16 resigned officers
Name Role Appointed Resigned
FOWLER, Peter John Secretary 1996-11-27
LINES, George Richard Secretary 1996-11-27 2002-03-27
YOUNGS, Elizabeth Jane Secretary 2002-03-27 2017-10-25
BAXTER, Denham George Director 2022-03-31
CASTREE, Peter Richard Director 2009-12-31
CHADWICK, Jack Director 1994-09-30
CHRISTIE, Andrew Kerr Director 2004-09-08 2020-03-12
GRANSBURY, Michael Alan Director 2002-03-27 2023-11-08
JAMIESON, Susan Elizabeth Director 1999-04-01 2009-03-06
LINES, George Richard Director 2008-10-31
MAILLARDET, Brian Francis Director 2003-03-31
SAMPHIRE, Raymond John Director 2006-06-06
SAUNDERS, David Michael Director 2007-11-04
STEPHENSON, Philip Dalton Director 2022-03-31
STUBBS, Raymond Walter Director 1995-05-31
YOUNGS, Elizabeth Jane Director 2010-04-01 2017-10-25

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Davies Turner Plc Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 133 total filings

Date Type Category Description
2025-10-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-01 AA accounts Accounts with accounts type full
2024-10-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-03 AA accounts Accounts with accounts type full
2024-04-11 AP01 officers Appoint person director company with name date PDF
2023-11-15 TM01 officers Termination director company with name termination date PDF
2023-10-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-06 AA accounts Accounts with accounts type full
2023-09-01 AP01 officers Appoint person director company with name date PDF
2023-01-04 AA accounts Accounts with accounts type full
2022-10-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-04-07 TM01 officers Termination director company with name termination date PDF
2022-04-07 TM01 officers Termination director company with name termination date PDF
2022-04-07 AP01 officers Appoint person director company with name date PDF
2022-04-07 AP01 officers Appoint person director company with name date PDF
2021-11-18 AA accounts Accounts with accounts type full
2021-10-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-11-20 AA accounts Accounts with accounts type full
2020-10-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-04-20 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page