ASCENT FLIGHT TRAINING (MANAGEMENT) LIMITED

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The Directors have prepared cash flow forecasts covering a period of at least 12 months from the date of approval of these financial statements which indicate that, taking account of severe but plausible downsides in the trading environment, the Company will have sufficient funds to meet its liabilities as they fall due for that period.”

Significant events

• “In June 2023, the existing contracts for our Rear Crew Training Services expired and were replaced by a £125m contract to ensure the continuation of training of key military aircrew at RNAS Culdrose. Lasting for three years, the Rear Crew Sustainment (RCS1) contract will run until July 2026, before being replaced by the Future ISTAR (Intelligence, Surveillance, Target Acquisition and Reconnaissance) and Rear Crew Training System (FIRCTS), a £300m contract awarded in 2025 by the UK MoD to Ascent which will further increase UK defence capabilities.”
• “In May 2025, the Company paid dividends totalling £923,000 to its parent company.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

5

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -2.1%

  £169,902,000 → £166,406,000

• Cash

  +12.7%

  £37,089,000 → £41,795,000

• Net assets

  -35.6%

  £6,867,000 → £4,423,000

• Employees

  -0.5%

  414 → 412

• Operating profit

  +5.2%

  £20,389,000 → £21,443,000

• Profit before tax

  +7.2%

  £20,803,000 → £22,307,000

• Wages

  +1.6%

  £24,772,000 → £25,160,000

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