PDQ AIRSPARES LIMITED
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Cash
£1.6m
USD 2,169,863
+28.5% highest in 3 filed years
Net assets
£22m
USD 29,661,276
+13.8% highest in 3 filed years
Employees
56
+3.7% highest in 3 filed years
Profit before tax
£3.7m
USD 4,915,070
-35% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-08-19.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £36,779,611 | £39,443,352 | £39,591,384 | +0.4% | |
| Operating profit | £6,062,592 | £5,690,384 | £3,652,969 | -35.8% | |
| Profit before tax | £6,062,592 | £5,618,262 | £3,652,969 | -35% | |
| Net profit | £4,247,798 | £4,596,610 | £2,667,751 | -42% | |
| Cash | £409,303 | £1,255,310 | £1,612,682 | +28.5% | |
| Total assets less current liabilities | £14,788,247 | £19,377,047 | £22,044,798 | +13.8% | |
| Net assets | £14,780,437 | £19,377,047 | £22,044,798 | +13.8% | |
| Equity | £14,780,437 | £19,377,047 | £22,044,798 | +13.8% | |
| Average employees | 52 | 54 | 56 | +3.7% | |
| Wages | £2,355,617 | £2,364,125 | £2,753,067 | +16.5% | |
| Directors' remuneration | £141,410 | £231,478 | £278,132 | +20.2% |
Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 16.5% | 14.4% | 9.2% | |
| Net margin | 11.5% | 11.7% | 6.7% | |
| Return on capital employed | 41.0% | 29.4% | 16.6% | |
| Gearing (liabilities / total assets) | — | 32.8% | 34.3% | |
| Current ratio | 1.21x | 3.05x | 2.90x | |
| Interest cover | — | 78.90x | — |
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
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“For the year ended 31 December 2025 the company made a profit of $3,589,459 (2024: $6,184,739), had net current assets of $29,419,347 (2024: $26,029,660) and net assets totalling $29,661,276 (2024: $26,071,817). In assessing the appropriateness of the going concern basis, the Directors considered the Company's trading performance during the early months of 2026 together with forecasts and cash flow projections covering a period of at least twelve months from the date of approval of these financial statements. Based on this assessment, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2018-08-31 | — | — |
| EARLEY, Robert Eugene | Director | 2022-09-08 | Feb 1961 | American |
| RICE, Paul | Director | 2023-05-23 | Sep 1976 | British |
| SHORT, Fred | Director | 2023-05-23 | Aug 1966 | American,British |
| WALSH, Ian Kennard | Director | 2025-06-25 | Oct 1966 | American |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LEWIS, Clare Alison | Secretary | 2014-01-15 | 2018-08-31 |
| LEWIS, Clare Alison | Secretary | 1997-07-06 | 1999-02-18 |
| LEWIS, Douglas | Secretary | — | 1997-07-06 |
| MILLER, Christopher John | Secretary | 2003-02-19 | 2014-01-15 |
| ROBBINS, Peter James | Secretary | 1999-02-22 | 2003-02-19 |
| HANN, Gregory Alan | Director | 2019-09-29 | 2022-09-08 |
| LEWIS, Douglas | Director | — | 1997-07-06 |
| LEWIS, Nicholas Douglas | Director | — | 2023-05-23 |
| MILLER, Christopher John | Director | — | 2018-08-31 |
| PERINI, Mauricio | Director | 2018-08-31 | 2019-09-11 |
| RICE, Gordon William | Director | 1993-10-01 | 1997-01-10 |
| ROBBINS, Peter James | Director | 1999-09-01 | 2003-02-19 |
| STRUDLEY, Keith Michael | Director | 1997-01-23 | 1998-11-11 |
| TUCKER, Scott Michael | Director | 2018-08-31 | 2025-06-25 |
| WOOD, Michael Philip | Director | 1998-11-05 | 1999-02-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pdq Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 173 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-21 | AA | accounts | Accounts with accounts type full | |
| 2025-09-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-06 | CH01 | officers | Change person director company with change date | |
| 2025-07-03 | AA | accounts | Accounts with accounts type full | |
| 2024-09-21 | AA | accounts | Accounts with accounts type full | |
| 2024-08-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-13 | CH01 | officers | Change person director company with change date | |
| 2023-11-03 | AD03 | address | Move registers to sail company with new address | |
| 2023-11-03 | AD02 | address | Change sail address company with new address | |
| 2023-08-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-01 | AA | accounts | Accounts with accounts type full | |
| 2023-06-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-27 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-27 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-28 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.