AERIAL DIRECT LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2027-04-10 (in 11mo)
Last made up 2026-03-27
Watchouts
None on the register
Cash
£6M
-32.4% vs 2023
Net assets
£30M
+6.5% vs 2023
Employees
262
+1.2% vs 2023
Profit before tax
£8M
-19.6% vs 2023
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · latest reflected 2024-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Turnover | £39,721,464 | £39,634,934 | |
| Operating profit | £10,175,565 | £8,041,614 | |
| Profit before tax | £10,097,351 | £8,117,810 | |
| Net profit | £8,526,590 | £7,411,215 | |
| Cash | £8,406,217 | £5,682,264 | |
| Total assets less current liabilities | £36,030,439 | £38,706,208 | |
| Net assets | £28,353,479 | £30,207,770 | |
| Equity | £28,353,479 | £30,207,770 | |
| Average employees | 259 | 262 | |
| Wages | £11,831,616 | £12,468,415 |
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 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Operating margin | 25.6% | 20.3% | |
| Net margin | 21.5% | 18.7% | |
| Return on capital employed | 28.2% | 20.8% | |
| Current ratio | 2.31x | 2.05x | |
| Interest cover | 14.30x | 7.36x |
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
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis as the directors have prepared detailed budgets for a period of at least 12 months from the date of signing the accounts which show that the company is expected to be able to meet all its liabilities as they fall due. In addition the group has access to a revolving credit facility of £15m which has an expiry date of 1 October 2026. The directors are confident of being able to trade for a period of at least 12 months from the approval of the financial statements and the directors have therefore concluded that it is appropriate for the financial statements to be prepared on the going concern basis.”
Group structure
- AERIAL DIRECT LIMITED · parent
- Layered Technology Limited, trading as Vantage Cloud 51%
- Beebu
Significant events
- “In November 2023, Aerial acquired a 51% stake in Layered Technology Limited, trading as Vantage Cloud.”
- “A full IT managed services suite was launched in October 2023.”
- “Aerial launched Beebu, forming new partnerships to offer highly competitive national connectivity solutions.”
- “On 19 June 2025 the company declared a dividend of £5,465,913 to Aerial Group Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AINSLIE, David Stephen | Director | 2018-10-05 | May 1985 | British |
| KILBY, David | Director | 2012-06-20 | Nov 1984 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIS, Paul Harding | Director | 2012-04-24 | 2018-10-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Aerial Telephones Group Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2018-10-05 | Ceased 2018-10-05 |
| D Kilby Consulting Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2018-10-05 | Ceased 2018-10-05 |
| Aerial Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2018-10-05 | Active |
| Mr Paul Harding Davis | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-10-05 |
| Mr David Kilby | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-10-05 |
Filing timeline
Last 20 of 60 total filings
Material constitutional events — rename, articles re-file, resolution
- 2018-10-19 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-10 | AA | accounts | Accounts with accounts type full | |
| 2025-04-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-08 | AA | accounts | Accounts with accounts type full | |
| 2023-07-11 | AA | accounts | Accounts with accounts type full | |
| 2023-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-04 | AA | accounts | Accounts with accounts type full | |
| 2022-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-14 | AA | accounts | Accounts with accounts type full | |
| 2021-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-07 | AA | accounts | Accounts with accounts type full | |
| 2020-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-05-14 | AA | accounts | Accounts with accounts type full | |
| 2019-04-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-03-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2019-03-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2018-11-27 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2018-11-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2018-10-19 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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 2024-09-30 vs 2023-09-30
-
Turnover
-0.2%
£39,721,464 £39,634,934
-
Cash
-32.4%
£8,406,217 £5,682,264
-
Net assets
+6.5%
£28,353,479 £30,207,770
-
Employees
+1.2%
259 262
-
Operating profit
-21%
£10,175,565 £8,041,614
-
Profit before tax
-19.6%
£10,097,351 £8,117,810
-
Wages
+5.4%
£11,831,616 £12,468,415
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