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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-12-22 (in 7mo)

Last made up 2025-12-08

Watchouts

None on the register

Cash

£1M

Latest balance sheet

Net assets

£88M

+856.4% vs 2024

Employees

Average over period

Profit before tax

-£31M

-989.5% vs 2024

Accounts

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

Metric Trend 2024-03-312025-03-31
Turnover £44,396,590£23,417,346
Operating profit £35,994,811£1,723,499
Profit before tax -£2,879,911-£31,378,058
Net profit -£2,680,504-£21,462,565
Cash £1,223,870
Total assets less current liabilities £444,567,087£153,123,795
Net assets -£11,620,460£87,895,478
Equity -£11,620,460£87,895,478
Average employees
Wages

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 81.1%7.4%
Net margin -6.0%-91.7%
Return on capital employed 8.1%1.1%
Gearing (liabilities / total assets) 102.5%80.3%
Current ratio 2.00x0.10x
Interest cover 0.85x0.05x

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
PricewaterhouseCoopers
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on the above, the Directors have concluded that the Company has no material uncertainties which would indicate liquidity risk or a significant doubt on the Company's ability to continue as a going concern over the period of assessment.”

Significant events

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

People

7 active · 11 resigned

Name Role Appointed Born Nationality
BALDWIN, Marcus, Mr. Secretary 2023-04-17
DROHAN, Eveleen Secretary 2023-04-17
WATKINSON-HALL, Jonathan Richard William Secretary 2009-01-16 Australian
YU, Jennifer Secretary 2025-07-01
STRANGE, Graham David Director 2024-10-11 Jul 1967 British
TISHENKO, Greta Director 2024-12-31 Nov 1991 British
WALKER, Gregg Macalister Director 2008-12-08 Oct 1967 British
Show 11 resigned officers
Name Role Appointed Resigned
MOULTON, Stephen Clifford Secretary 2008-12-08 2023-01-16
CARTER BACKER WINTER LLP Corporate Secretary 2012-08-16 2013-01-17
DIRECT CONTROL LIMITED Corporate Secretary 2008-12-08 2012-08-16
GRAVITA TRUSTEES LIMITED Corporate Secretary 2013-01-17 2025-07-01
BANE, Eamonn Director 2022-02-16 2024-10-11
BARTLETT, Robert Director 2012-02-14 2013-12-13
COOK, Stephen Wesley Director 2015-09-11 2021-09-30
DURHAM, Timothy Sebastian Director 2014-04-10 2019-08-14
KAVANAGH, Liam James Director 2019-08-14 2024-12-31
RAUSCHER, Roland Director 2008-12-08 2012-02-14
WILLINGHAM, John Robert Director 2013-12-13 2015-09-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Macquarie Airfinance Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2023-09-29 Active
Macquarie Aerospace Finance Uk Limited Corporate entity ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm, significant-influence-or-control-as-firm 2018-05-15 Ceased 2023-09-29
Macquarie Aerospace Investments Limited Corporate entity Shares 75–100% 2016-04-06 Ceased 2018-05-15

Filing timeline

Last 20 of 171 total filings

Date Type Category Description
2026-01-05 AA accounts Accounts with accounts type full
2025-12-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-12 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-12 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-12 MR04 mortgage Mortgage satisfy charge full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

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. 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