ITP AERO UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-24 (in 5mo)
Last made up 2025-10-10
Watchouts
None on the register
Cash
£3M
+2.8% vs 2023
Net assets
£50M
-21.3% vs 2023
Employees
764
+3.4% vs 2023
Profit before tax
-£13M
+19.6% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £244,527,000 | £244,878,000 | |
| Operating profit | -£7,849,000 | -£3,967,000 | |
| Profit before tax | -£16,089,000 | -£12,940,000 | |
| Net profit | £21,082,000 | -£13,487,000 | |
| Cash | £2,854,000 | £2,933,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £63,402,000 | £49,915,000 | |
| Equity | £63,402,000 | £49,915,000 | |
| Average employees | 739 | 764 | |
| Wages | £42,541,000 | £44,539,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -3.2% | -1.6% | |
| Net margin | 8.6% | -5.5% | |
| Gearing (liabilities / total assets) | 70.5% | 79.8% | |
| Current ratio | 1.62x | 1.45x | |
| Interest cover | -0.95x | -0.44x |
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
- UK-adopted International Accounting Standards
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEIGHTON, Robert Steven | Secretary | 2020-12-08 | — | — |
| GORRONO ARREGUI, Valentin | Director | 2024-07-19 | Apr 1977 | Spanish |
| GUIL LÓPEZ, Eva | Director | 2025-10-06 | Jul 1971 | Spanish |
| OTERO AGUAYO, Carmen María | Director | 2021-06-11 | Jun 1973 | Spanish |
| PRICE, Daniel | Director | 2022-05-20 | Jul 1965 | British |
| WILLIAMSON, Ian Roger | Director | 2022-05-20 | Feb 1973 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GONZÁLEZ SAN SEGUNDO, Manuel Pablo | Director | 2021-06-11 | 2025-03-03 |
| NAVARRO-FUENTES, Ricardo | Director | 2020-12-08 | 2022-05-19 |
| ROBERTSON KILLE, Alistair Gordon | Director | 2025-03-03 | 2025-10-08 |
| ÁLVAREZ RUBIO, Luis Ramón | Director | 2021-06-11 | 2024-01-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rolls-Royce Plc | Corporate entity | Shares 75–100% | 2020-12-08 | Ceased 2022-09-15 |
Filing timeline
Last 20 of 29 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-06 | AA | accounts | Accounts with accounts type full | |
| 2025-03-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | AA | accounts | Accounts with accounts type full | |
| 2024-07-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-25 | RP04TM01 | officers | Second filing of director termination with name | |
| 2024-02-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-26 | AA | accounts | Accounts with accounts type full | |
| 2023-01-31 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2022-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-08-03 | AA | accounts | Accounts with accounts type full | |
| 2022-06-13 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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 2024-12-31 vs 2023-12-31
-
Turnover
+0.1%
£244,527,000 £244,878,000
-
Cash
+2.8%
£2,854,000 £2,933,000
-
Net assets
-21.3%
£63,402,000 £49,915,000
-
Employees
+3.4%
739 764
-
Operating profit
+49.5%
-£7,849,000 -£3,967,000
-
Profit before tax
+19.6%
-£16,089,000 -£12,940,000
-
Wages
+4.7%
£42,541,000 £44,539,000
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