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Cash

£2.5m

-25.4% lowest in 3 filed years

Net assets

£9.6m

0% vs 2024

Employees

105

+1% highest in 3 filed years

Profit before tax

£17k

-99.1% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31

Metric Trend 2023-03-312024-03-312025-03-31 Δ vs prior
Turnover £35,656,137£35,947,270£26,372,551 -26.6%
Operating profit £1,181,664£1,776,625-£25,614 -101.4%
Profit before tax £1,208,680£1,825,186£16,647 -99.1%
Net profit —£1,352,682-£1,546 -100.1%
Cash £4,592,144£3,390,718£2,528,389 -25.4%
Total assets less current liabilities £8,839,120£10,256,526£10,141,381 -1.1%
Net assets £8,216,976£9,569,658£9,568,112 0%
Equity £8,216,976£9,569,658£9,568,112 0%
Average employees 98104105 +1%
Wages £4,301,975£5,096,171£5,491,180 +7.8%
Directors' remuneration £315,565£318,911£324,344 +1.7%

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-03-312024-03-312025-03-31
Operating margin 3.3%4.9%-0.1%
Net margin —3.8%-0.0%
Return on capital employed 13.4%17.3%-0.3%
Gearing (liabilities / total assets) 50.7%46.5%37.7%
Current ratio —2.13x2.57x
Interest cover ——-49.64x

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.

Name history

Renamed 2 times since incorporation

  1. INFLITE THE JET CENTRE LIMITED 2011-08-24 → present
  2. AEROSPACE PRODUCTS LIMITED 1990-06-20 → 2011-08-24
  3. INDUCEMENT LIMITED 1990-04-10 → 1990-06-20

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Barnes Roffe Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors therefore have a reasonable expectation that the company possesses adequates resources going forward and have continued to adopt a going concern basis in preparing the financial statements.”

Group structure

  1. INFLITE THE JET CENTRE LIMITED · parent
    1. Excellence Aviation Services Limited 100% · Aviation maintenance and support services
    2. Excellence Aviation Limited 100% · Aircraft management Services

Significant events

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

People

4 active · 2 resigned

Name Role Appointed Born Nationality
ELLIS, Linda Vera Secretary — — British
MONKSFIELD, Pauline May Director 2019-01-23 Feb 1982 British
STEPHENS, Penny Annette Director 2005-08-01 Jul 1952 British
STEPHENS, William Charles Director 2019-01-23 Dec 1985 British
Show 2 resigned officers
Name Role Appointed Resigned
MILROY, John Peter Director 1991-07-01 1996-06-24
STEPHENS, Raymond Aubrey Director — 2020-03-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Swan Investments Group Ltd. Corporate entity Shares 75–100% 2016-04-08 Active

Filing timeline

Last 20 of 103 total filings

Date Type Category Description
2026-05-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-17 AA accounts Accounts with accounts type full PDF
2025-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-23 AA accounts Accounts with accounts type full PDF
2024-05-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-14 AA accounts Accounts with accounts type full
2023-05-11 CH01 officers Change person director company with change date PDF
2023-05-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-13 AA accounts Accounts with accounts type full
2022-05-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-03-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-12-14 AA accounts Accounts with accounts type full
2021-05-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-04-14 AA accounts Accounts with accounts type full
2020-09-16 TM01 officers Termination director company with name termination date PDF
2020-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-10-31 AA accounts Accounts with accounts type full
2019-10-09 MR04 mortgage Mortgage satisfy charge full PDF
2019-05-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-01-23 AP01 officers Appoint person director company with name date 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.

Official Companies House page