UK Companies House feature
WILLIS AVIATION SERVICES LIMITED
Cash
£2M
+1,453% vs 2023
Net assets
-£4M
-194.8% vs 2023
Employees
105
+59.1% vs 2023
Profit before tax
-£8M
-31.9% vs 2023
Profile
- Company number
- 14002276
- Status
- Active
- Incorporation
- 2022-03-25
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 52230
Net assets
4-year trend · vs UK Logistics & Mobility median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2022-03-24 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | -£20,581 | -£5,904,530 | -£7,788,190 | |
| Net profit | — | -£16,142 | -£5,926,078 | -£7,904,319 | |
| Cash | — | £438,723 | £132,691 | £2,060,710 | |
| Total assets less current liabilities | — | £1,902,535 | £4,346,308 | -£3,419,347 | |
| Net assets | — | -£16,141 | £4,057,781 | -£3,846,538 | |
| Equity | — | -£16,141 | £4,057,781 | -£3,846,538 | |
| Average employees | — | 10 | 66 | 105 | |
| Wages | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have obtained confirmation from Willis Lease Finance Corporation, that it is their intention to provide support to the company to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements. At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the future.”
Significant events
- “2024 saw the business continue to attract new customers and grow its revenues by 60% whilst operating from leased facilities at Teesside International Airport. During the year, the business committed to building a brand new twin-bay maintenance hangar at the airport which will treble its capacity with a view to the facility being operational in late 2025.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FAILLER, Garry Anthony | Director | 2025-06-24 | Jul 1958 | American,Canadian |
| PEMBERTON, Mark | Director | 2025-06-24 | May 1975 | British |
| VANDEDRINCK, Caroline | Director | 2025-01-30 | Mar 1970 | American |
| WILLIS, Austin Chandler | Director | 2022-03-25 | Jun 1980 | American |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NOROSE COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2022-03-25 | 2025-05-01 |
| FAILLER, Gary Anthony | Director | 2022-06-30 | 2025-01-30 |
| HOLE, Brian Richard | Director | 2022-03-25 | 2025-06-24 |
| POULAKIDAS, Dean Michael | Director | 2022-03-25 | 2025-06-12 |
| VINCE, Thomas James | Director | 2022-03-25 | 2022-03-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Norose Company Secretarial Services Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-03-25 | Ceased 2022-03-25 |
| Willis Lease Finance Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-03-25 | Active |
Filing timeline
Last 20 of 28 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-13 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-01-13 | RESOLUTIONS | resolution | resolution |
| 2026-01-09 | SH01 | capital | capital allotment shares |
| 2025-12-05 | AA | accounts | accounts with accounts type full |
| 2025-06-25 | TM01 | officers | termination director company with name termination date |
| 2025-06-25 | TM01 | officers | termination director company with name termination date |
| 2025-06-25 | AP01 | officers | appoint person director company with name date |
| 2025-06-25 | AP01 | officers | appoint person director company with name date |
| 2025-05-01 | TM02 | officers | termination secretary company with name termination date |
| 2025-05-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-02-05 | TM01 | officers | termination director company with name termination date |
| 2025-02-05 | AP01 | officers | appoint person director company with name date |
| 2024-10-01 | AA | accounts | accounts with accounts type full |
| 2024-09-30 | CH01 | officers | change person director company with change date |
| 2024-04-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-02-14 | AA | accounts | accounts with accounts type full |
| 2023-03-27 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-07-04 | AP01 | officers | appoint person director company with name date |
| 2022-04-22 | AA01 | accounts | change account reference date company current shortened |
| 2022-03-29 | PSC02 | persons-with-significant-control | notification of a person with significant control |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-10.07
DISTRESS
Altman Z″
- Working capital / Total assets -0.857 × 6.56 = -5.62
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.625 × 6.72 = -4.20
- Book equity / Total liabilities -0.236 × 1.05 = -0.25
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory