SAFRAN AEROSYSTEMS SERVICES UK LIMITED

1. SAFRAN AEROSYSTEMS SERVICES UK LIMITED 2019-10-10 → present
2. ZODIAC AEROSPACE SERVICES UK LIMITED 2014-02-19 → 2019-10-10
3. ZODIAC AEROSPACE UK LIMITED 2005-01-13 → 2014-02-19

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company is financed through equity finance from its ultimate parent company, Safran SA. Safran itself has a low gearing level and significant borrowing facilities available. The company has net current assets of $5,702,000 (2023: $5,774,000). Surplus cash is held by the group treasury function and as a result is included in amounts due from parent undertakings. The company is dependent on its ultimate parent company Safran SA. The directors have made enquiries of Safran SA confirming the availability of the surplus cash should it be required. The Directors have also assessed the ability of Safran SA to make the cash available. Safran SA has further issued a letter of support confirming its continued support of the company for a period to 30 November 2026, being the going concern period assessed by the directors. After making enquiries, the Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”

Significant events

• “To support the growth of our business, we have undertaken a comprehensive upgrade of our oxygen workshop, introducing automation across several processes and delivering substantial improvements in working conditions. In parallel, we have established a new capability for rafts designed specifically for the A400M programme. We have also successfully completed a retrofit project with a major customer for their Boeing 777 fleet.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +3.8%

  £35,653,076 → £37,011,861

• Cash

  -77.8%

  £1,562,400 → £346,182

• Net assets

  -1.7%

  £5,320,237 → £5,229,059

• Employees

  +1.1%

  91 → 92

• Operating profit

  -109.4%

  £1,280,208 → -£120,830

• Profit before tax

  -108.1%

  £1,342,476 → -£108,228

• Wages

  +6.2%

  £3,220,163 → £3,420,311

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