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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-11 (in 6mo)

Last made up 2025-10-28

Watchouts

None on the register

Cash

£2M

-58.3% vs 2023

Net assets

£57M

-1.1% vs 2023

Employees

645

+6.1% vs 2023

Profit before tax

-£924K

+77.4% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £102,999,259£108,267,606
Operating profit -£1,517,420£2,338,028
Profit before tax -£4,080,801-£923,647
Net profit -£2,355,819-£1,113,417
Cash £4,791,698£1,997,776
Total assets less current liabilities £126,668,643£123,156,412
Net assets £57,464,047£56,842,847
Equity £57,464,047£56,842,847
Average employees 608645
Wages £35,639,733£36,960,712

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 2023-12-312024-12-31
Operating margin -1.5%2.2%
Net margin -2.3%-1.0%
Return on capital employed -1.2%1.9%
Gearing (liabilities / total assets) 63.2%64.9%
Current ratio 2.46x2.07x
Interest cover -0.59x0.72x

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
Saffery LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have carried out an assessment of the going concern position of the Company. The cashflow forecasts prepared for the going concern assessment period, indicate that the Company will maintain appropriate cash and short-term funding balances in place throughout the period through to December 2026. The Company has carried out scenario analysis on the forecasts which have raised no concerns. In addition to the Company's own cash funds held and generated, the directors have also sought and obtained a confirmation of continued financial support from our parent Company StandardAero Aviation Holdings, Inc. On the basis of the above assessment, the Company is considered to have appropriate financial resources to manage its business risks successfully. After reviewing the above, the directors have concluded that they have a reasonable expectation that the Company has adequate resources to continue as a going concern through to the period ending 31 December 2026. Accordingly, they continue to adopt the going concern basis in preparing the Report and Financial Statements.”

Significant events

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

People

3 active · 16 resigned

Name Role Appointed Born Nationality
CARRUTHERS, Gary Scott Director 2018-06-19 May 1980 British
JONES, Simon Griffith Director 2013-11-28 Jun 1969 British
KANE, Shannon, Ms. Director 2023-10-10 Mar 1978 Canadian
Show 16 resigned officers
Name Role Appointed Resigned
BRYANT, Paul Secretary 2007-10-19 2017-08-30
BRYANT, Paul Director 2009-09-17 2017-08-30
BRYANT, Paul Director 2007-10-19 2009-09-16
FAWKES, Brent Jeffrey Director 2018-06-19 2023-10-11
HOSKING, Chris Director 2017-10-11 2018-04-30
JACKSON, Donald Kenneth Director 2007-10-20 2009-09-16
LEVINE, Randal Director 2007-10-20 2012-12-04
MCCLAVE, Owen Martin Director 2016-02-29 2017-11-16
MERRIKIN, Barry Director 2007-10-19 2009-09-16
O'SHEA, Declan Gerard Director 2009-09-16 2012-12-04
PRITCHARD, Trevor Glyn Director 2012-12-04 2013-08-30
RICE, Timothy Julian Director 2009-09-16 2011-10-31
ROSEBOROUGH, Diane Mackey Director 2018-06-19 2018-07-25
SCOTT, Michael Robert Director 2018-06-19 2023-02-09
SINQUEFIELD, Robert Steven Director 2018-06-19 2018-07-25
TYRRELL, Michael Kevin Director 2011-10-01 2016-02-26

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ramzi Musallum Individual Significant influence 2018-01-08 Ceased 2018-12-18
Vector Aerospace (Uk Holdings) Limited Corporate entity Voting 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 115 total filings

Date Type Category Description
2025-10-28 CS01 confirmation-statement Confirmation statement with updates PDF
2025-09-03 AA accounts Accounts with accounts type full
2024-12-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-03 AA accounts Accounts with accounts type full
2024-06-03 CH01 officers Change person director company with change date PDF
2024-05-08 CH01 officers Change person director company with change date PDF
2023-10-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-12 TM01 officers Termination director company with name termination date PDF
2023-10-12 AP01 officers Appoint person director company with name date PDF
2023-07-27 AA accounts Accounts with accounts type full
2023-02-24 TM01 officers Termination director company with name termination date PDF
2022-12-02 AA accounts Accounts with accounts type full
2022-10-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-22 SH10 capital Capital variation of rights attached to shares
2022-07-18 SH08 capital Capital name of class of shares
2022-06-20 MR04 mortgage Mortgage satisfy charge full PDF
2022-06-20 MR04 mortgage Mortgage satisfy charge full PDF
2022-01-04 AA accounts Accounts with accounts type full
2021-11-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-10 AA accounts Accounts with accounts type full

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

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page