GE AIRCRAFT ENGINE SERVICES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-16 (in 1y)
Last made up 2026-05-02
Watchouts
Cash
—
Latest balance sheet
Net assets
£540M
+26.1% vs 2023
Employees
1,581
+8.9% vs 2023
Profit before tax
£108M
+49% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 6 times since incorporation
- GE AIRCRAFT ENGINE SERVICES LIMITED 2008-07-09 → present
- GE AIRCRAFT ENGINE SERVICES LTD 2008-07-08 → 2008-07-09
- SG AIRCRAFT ENGINE SERVICES LTD 2008-07-02 → 2008-07-08
- GE AIRCRAFT ENGINE SERVICES LIMITED 1995-01-01 → 2008-07-02
- ENGINE MAINTENANCE & MANAGEMENT SERVICES WALES LIMITED 1992-02-19 → 1995-01-01
- ENGINE MAINTENANCE CENTRE SOUTH WALES, LIMITED 1991-10-07 → 1992-02-19
- TRUSHELFCO (NO. 1716) LIMITED 1991-04-29 → 1991-10-07
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 | £1,040,190,511 | £1,162,460,341 | |
| Operating profit | £64,018,532 | £101,801,334 | |
| Profit before tax | £72,369,904 | £107,865,085 | |
| Net profit | £62,817,643 | £112,173,462 | |
| Cash | — | — | |
| Total assets less current liabilities | £428,369,904 | £551,864,344 | |
| Net assets | £427,700,519 | £539,501,853 | |
| Equity | £427,700,519 | £539,501,853 | |
| Average employees | 1,452 | 1,581 | |
| Wages | £68,226,093 | £87,744,255 |
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 | 6.2% | 8.8% | |
| Net margin | 6.0% | 9.6% | |
| Return on capital employed | 14.9% | 18.4% | |
| Current ratio | 3.53x | 3.33x | |
| Interest cover | 18.62x | 23.14x |
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 have performed a going concern assessment for a period of 12 months from the date of approval of these financial statements, also considering events reasonably foreseeable beyond this horizon, which indicates that, and in light of the company's ability to access the group's cash pool facility if required, the company will have sufficient funds to meet its liabilities as they fall due for that period.”
Group structure
- GE AIRCRAFT ENGINE SERVICES LIMITED · parent
- Oliver Crispin Robotics Limited 100%
Significant events
- “On 3 January 2023, GE completed the separation of its healthcare business into an independent publicly traded company, GE HealthCare Technologies Inc. (GE HealthCare).”
- “On 2 April 2024, GE completed the separation of its GE Vernova business into an independent publicly traded company, GE Vernova, Inc. (GE Vernova).”
- “The directors have performed a review of the company's investment in group undertakings as of 31 December 2024. This has resulted in the value of its investments in its subsidiaries being written down by $6 million (2023: $4 million) see note 15.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 48 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHUBB, Tristan Keith | Secretary | 2016-01-19 | — | — |
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2009-12-01 | — | — |
| EDWARDS, Stephen James | Director | 2025-01-28 | Mar 1986 | New Zealander |
| TERRIBILINI, Mark David | Director | 2018-04-20 | Nov 1973 | American |
| WAGNER, Brandon | Director | 2023-07-21 | Jun 1983 | American |
| WATTERS, Scott | Director | 2026-04-20 | Apr 1980 | British |
Show 48 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELION, Paul | Secretary | 1999-11-05 | 2000-11-01 |
| HENDERSON, Stephen Paul | Secretary | — | 2012-07-10 |
| MCALISTER, Bruce Alastair | Secretary | 2001-09-26 | 2014-07-08 |
| STAUTBERG, Elizabeth A | Secretary | 1997-10-31 | 1998-10-09 |
| WEIGEL, William Breck | Secretary | 2014-07-08 | 2016-01-19 |
| MAWLAW SECRETARIES LIMITED | Corporate Secretary | 1997-01-20 | 2009-11-17 |
| ABBOTT, John V | Director | — | 1994-04-28 |
| AIELLO, Anthony Joseph | Director | 2011-06-30 | 2016-12-12 |
| AUGAT, William Richard | Director | 1994-07-18 | 1998-01-01 |
| BAILEY III, William Allen | Director | 1992-10-28 | 1995-05-24 |
| BARRETT, James Arnold | Director | — | 2000-03-31 |
| BECK, James Thomas | Director | 2009-11-18 | 2018-01-31 |
| BLAKENEY, Nicholas | Director | 2018-05-10 | 2025-01-28 |
| BRAND, Barnaby James | Director | 2011-12-01 | 2015-06-25 |
| BRISKEN, Thomas August | Director | 1995-05-24 | 1996-01-25 |
| BUTTON, Adrian | Director | 2009-11-18 | 2012-07-10 |
| CROWELL, Ronald Benson | Director | 2000-10-18 | 2002-10-28 |
| DAVIES, Leighton Wynne | Director | 2008-07-24 | 2011-10-30 |
| DEACON, Maria Louise | Director | 2016-12-12 | 2022-12-16 |
| DUNCANSON, George Donald | Director | 1992-02-06 | 2006-09-21 |
| DUNCANSON, George Donald | Director | — | 1993-04-29 |
| ERNEST, Scott Allen | Director | 2000-10-09 | 2004-01-23 |
| FESSENDEN, Karl Stephen | Director | 2003-06-02 | 2005-12-05 |
| FITZGERALD, William Augustus | Director | 2004-01-23 | 2011-06-30 |
| FITZGERALD, William Augustus | Director | 2000-02-16 | 2001-09-25 |
| FITZSIMONS, Shane | Director | 2003-06-02 | 2004-03-05 |
| HENDERSON, Stephen Paul | Director | — | 1993-04-29 |
| JOANSON, Robert D | Director | — | 1992-10-28 |
| KELLY, Alan John | Director | 2005-12-05 | 2009-11-18 |
| KRAATZ, Richard Harold | Director | 2005-01-13 | 2009-11-18 |
| LEWIS JR, Linwood Daniel | Director | — | 1993-01-08 |
| LINDSAY, La-Chun | Director | 2015-04-09 | 2018-04-20 |
| LITTLER, Dennis Richard | Director | — | 1992-06-17 |
| MACAULEY, John Everell | Director | 2001-09-25 | 2003-06-02 |
| MCGIBBON, William Hall | Director | 2002-10-28 | 2004-01-23 |
| OVERBEEKE, Herman David | Director | — | 1997-10-31 |
| PAPARONI, Marco Renato Bruno | Director | 2004-01-23 | 2008-07-24 |
| PAPER, Richard John | Director | — | 1992-09-04 |
| PATTON, Michael Anthony | Director | 2012-07-10 | 2015-04-09 |
| POMEROY, Michael Christopher | Director | 1998-03-26 | 2000-09-01 |
| PROVINI, Antonio | Director | 2016-03-15 | 2023-05-11 |
| SAWARD, Clifford Peter Maurice | Director | 1997-01-20 | 2002-10-28 |
| SAWARD, Clifford Peter Maurice | Director | — | 1997-01-20 |
| SOARES, Marcelo Luiz Da Silva | Director | 2005-12-05 | 2006-10-01 |
| THOMAS, Stephanie Lauren | Director | 2023-05-11 | 2026-04-20 |
| TORBECK, Theodore H. | Director | 1998-03-26 | 2000-10-18 |
| VARESCHI, William John | Director | 1996-01-25 | 1998-03-26 |
| WRIGHT, Kary Bernard | Director | 1998-10-21 | 2000-02-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ge Industrial Consolidation Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-01-31 | Ceased 2025-01-31 |
| Ge Capital International Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-01-31 | Active |
| Ge Uk Group | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-01-31 |
Filing timeline
Last 20 of 262 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-05-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-06-25 | CH03 | officers | Change person secretary company with change date | |
| 2024-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AA | accounts | Accounts with accounts type full | |
| 2023-07-26 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-09 | SH19 | capital | Capital statement capital company with date currency figure |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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
+11.8%
£1,040,190,511 £1,162,460,341
-
Cash
—
Not reported
-
Net assets
+26.1%
£427,700,519 £539,501,853
-
Employees
+8.9%
1,452 1,581
-
Operating profit
+59%
£64,018,532 £101,801,334
-
Profit before tax
+49%
£72,369,904 £107,865,085
-
Wages
+28.6%
£68,226,093 £87,744,255
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