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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-05 (in 2mo)

Last made up 2025-06-21

Watchouts

None on the register

Cash

£5M

-37.1% vs 2023

Net assets

£3M

+72.9% vs 2023

Employees

46

-2.1% vs 2023

Profit before tax

£1M

+108.8% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £2,059,000£4,187,000
Operating profit £638,000£1,364,000
Profit before tax £693,000£1,447,000
Net profit £530,000£1,085,000
Cash £7,994,000£5,028,000
Total assets less current liabilities £4,472,000£2,573,000
Net assets £1,488,000£2,573,000
Equity £1,488,000£2,573,000
Average employees 4746
Wages £3,567,000£3,336,000

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 31.0%32.6%
Net margin 25.7%25.9%
Return on capital employed 14.3%53.0%
Current ratio 2.16x1.68x

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 LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have performed a going concern assessment the period to October 2026. In making this assessment, the Directors have reviewed the monthly cashflow forecast for the Company until October 2026 which included the severe scenario that the Company has no further cash inflows other than the current contracted commitments. Additionally, the Directors have considered the commitment from Department for Business and Trade to continue the grant supported aerospace programme until its completion, for which the company has received all the funding in cash. Furthermore, the Company has confirmation of the continuation of private in-kind support to this date. Even under this scenario, the Company has sufficient liquidity to meet its liabilities as they fall due. Therefore, the Directors judge it is appropriate to adopt the going concern basis of accounting.”

Significant events

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

People

6 active · 12 resigned

Name Role Appointed Born Nationality
ROSE, David Keith Secretary 2015-10-08
DEVEY, Nicholas John Director 2013-06-01 Mar 1957 British
HUGHES, Christopher Michael Director 2024-10-02 Oct 1983 British
JAMES, Malcolm Charles Frederick Director 2022-03-24 May 1974 British
MOORE, Jeffrey Philip Director 2013-06-01 May 1954 British
TREVARTHEN, Graham Robert Director 2013-04-08 Sep 1955 British
Show 12 resigned officers
Name Role Appointed Resigned
WALDRON, Karen Secretary 2013-04-26 2015-10-08
ROLLS ROYCE SECRETARIAT LIMITED Corporate Secretary 2012-10-30 2013-04-26
DEAKIN, Dave Alastair Director 2020-07-14 2021-03-31
GOMA, Delrose Joy Director 2012-10-30 2013-04-08
GREASLEY, Andrew John Director 2013-04-08 2013-05-10
HARCOURT, Richard Watkin Director 2013-05-10 2018-10-22
JACKSON, Bryan Samuel, Dr Director 2013-04-23 2022-12-31
JOHN, Ceri Richard Director 2012-10-23 2012-10-30
MCINTOSH, Fraser Director 2022-04-07 2024-05-31
PAGE, Andrew Norbert Director 2012-10-30 2022-03-31
THOMSON, John Robert Director 2018-12-10 2020-04-28
WALDRON, Karen Director 2012-10-30 2013-04-08

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Rolls-Royce Plc Corporate entity Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 77 total filings

Date Type Category Description
2025-09-08 AA accounts Accounts with accounts type full
2025-07-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-04 AP01 officers Appoint person director company with name date PDF
2024-06-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-06 TM01 officers Termination director company with name termination date PDF
2024-05-22 AA accounts Accounts with accounts type small
2024-04-11 AD01 address Change registered office address company with date old address new address PDF
2024-03-11 AD01 address Change registered office address company with date old address new address PDF
2023-08-22 AA accounts Accounts with accounts type full
2023-06-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-05 TM01 officers Termination director company with name termination date PDF
2022-07-27 AA accounts Accounts with accounts type full
2022-06-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-06-15 RP04TM01 officers Second filing of director termination with name
2022-04-13 TM01 officers Termination director company with name termination date
2022-04-08 AP01 officers Appoint person director company with name date PDF
2022-03-28 AP01 officers Appoint person director company with name date PDF
2022-01-18 PSC05 persons-with-significant-control Change to a person with significant control PDF
2022-01-05 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2021-12-23 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF

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