AETC LIMITED
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Cash
£0
Latest balance sheet
Net assets
£109m
-2.4% vs 2024
Employees
439
+8.1% highest in 3 filed years
Profit before tax
£25m
+6.1% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-28
| Metric | Trend | 2023-12-31 | 2024-12-29 | 2025-12-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £92,214,000 | £110,292,000 | £124,761,000 | +13.1% | |
| Operating profit | £12,061,000 | £21,098,000 | £22,421,000 | +6.3% | |
| Profit before tax | £14,916,000 | £23,886,000 | £25,346,000 | +6.1% | |
| Net profit | £11,400,000 | £17,888,000 | £18,979,000 | +6.1% | |
| Cash | — | £0 | £0 | — | |
| Total assets less current liabilities | £116,025,000 | £122,957,000 | £122,154,000 | -0.7% | |
| Net assets | £106,473,000 | £112,193,000 | £109,485,000 | -2.4% | |
| Equity | £106,473,000 | £112,193,000 | £109,485,000 | -2.4% | |
| Average employees | 362 | 406 | 439 | +8.1% | |
| Wages | £17,687,000 | £20,417,000 | £22,584,000 | +10.6% | |
| Directors' remuneration | £252,000 | £443,000 | £354,000 | -20.1% | |
| Directors' pension contributions | £24,000 | £26,000 | £26,000 | 0% | |
| Highest paid director | £252,000 | £443,000 | £354,000 | -20.1% |
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 | 2023-12-31 | 2024-12-29 | 2025-12-28 |
|---|---|---|---|---|
| Operating margin | 13.1% | 19.1% | 18.0% | |
| Net margin | 12.4% | 16.2% | 15.2% | |
| Return on capital employed | 10.4% | 17.2% | 18.4% | |
| Gearing (liabilities / total assets) | 19.8% | 21.4% | 24.2% | |
| Current ratio | 7.13x | 6.46x | 5.82x |
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
- Grant Thornton UK LLP
- Audit opinion
- Qualified
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources internally, and through its association with PCC, to continue in operational existence for the foreseeable future and as such, the going concern basis has been adopted in preparing the annual report”
Significant events
- “The company operates a defined benefit pension scheme with gross pension assets of £170m. Following recent legal processes the directors were unable to obtain a reliable valuation of one of these investments at 29 December 2024, resulting in a qualified audit opinion.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EDELSTYN, Paul | Secretary | 2008-12-01 | — | British |
| FREEMAN-MASSEY, Janet | Secretary | 2015-10-14 | — | — |
| MARTIN, Stephane Frederic | Secretary | 2011-11-07 | — | — |
| ARMAGNO, Anna Marie | Director | 2018-08-20 | Dec 1981 | American |
| BEYER, Ruth Ann | Director | 2013-06-01 | Sep 1955 | American |
| HAGEL, Shawn Rene | Director | 2008-08-12 | May 1965 | American |
| MCILROY, Patrick James | Director | 2018-01-01 | Apr 1972 | British |
| PUETZ, James Robert | Director | 2021-07-01 | Apr 1962 | American |
| SAFRAN, Ryan | Director | 2025-02-27 | Apr 1979 | American |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEYER, Ruth | Secretary | 1996-06-24 | 2001-05-22 |
| COOKE, Roger Anthony | Secretary | 2001-05-22 | 2008-12-01 |
| NICHOLSON, Clive | Secretary | 2008-12-01 | 2011-01-31 |
| WORRALL, Philip John | Secretary | 2011-06-10 | 2011-11-07 |
| RUTLAND SECRETARIES LIMITED | Corporate Nominee Secretary | 1996-05-29 | 1996-06-24 |
| AYERS, Christopher Lee | Director | 2002-04-17 | 2003-02-01 |
| BECKER, Roger Paul | Director | 2011-03-24 | 2021-06-30 |
| BLACKMORE, Steven Craig | Director | 2008-02-13 | 2018-07-20 |
| CLARK, Karen Kay | Director | 1996-10-03 | 1997-06-11 |
| COOKE, Roger Anthony | Director | 2008-11-20 | 2013-06-01 |
| DONEGAN, Mark | Director | 2002-10-21 | 2008-10-29 |
| GORMAN, Nigel Patrick | Director | 2011-11-07 | 2018-01-01 |
| HACKETT, Steven Glen, Mr. | Director | 2010-10-12 | 2012-08-21 |
| HAWKES, Geoffrey A | Director | 2001-05-22 | 2008-01-23 |
| JOHNSON, James Andrist | Director | 1996-10-03 | 2001-05-22 |
| LARNER, Michael | Director | 1996-10-03 | 1999-06-04 |
| LARSSON, William Dean | Director | 1996-06-24 | 2008-08-12 |
| MCCORMICK, William Charles | Director | 1996-06-24 | 2003-02-01 |
| MCMAHON, Alan Geoffrey | Director | 1996-10-03 | 1999-07-23 |
| MILNER, Andrew Rex | Director | 2005-10-03 | 2010-01-20 |
| O'NEILL, John Patrick | Director | 2012-08-21 | 2016-12-31 |
| PAWLOWSKI, David Mieczyslaw | Director | 1996-10-03 | 1998-10-27 |
| PYKETT, Steven Charles | Director | 2022-11-10 | 2025-02-27 |
| RAGAN, Donna Christine | Director | 1997-01-02 | 1998-05-31 |
| RIEDEL, Steven Charles | Director | 1997-05-29 | 1998-10-01 |
| SLOBODA, John Joseph | Director | 2005-04-01 | 2010-10-12 |
| WAITE, Peter Granville | Director | 1996-06-24 | 2005-03-30 |
| WHEELER, Dean Alan | Director | 2017-06-14 | 2022-11-10 |
| WORMALD, Gary Lee | Director | 2010-10-12 | 2013-12-02 |
| WORRALL, Philip John | Director | 2010-01-20 | 2011-11-07 |
| WORSLEY, Philip James | Director | 2003-06-10 | 2005-10-03 |
| WORSLEY, Philip James | Director | 1996-10-03 | 2002-04-22 |
| RUTLAND DIRECTORS LIMITED | Corporate Nominee Director | 1996-05-29 | 1996-06-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pcc Uk Global Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-11-05 | Active |
| Berkshire Hathaway Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-11-05 |
Filing timeline
Last 20 of 158 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-10 | CH01 | officers | Change person director company with change date | |
| 2026-07-10 | CH01 | officers | Change person director company with change date | |
| 2025-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-11 | AA | accounts | Accounts with accounts type full | |
| 2025-03-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-22 | AA | accounts | Accounts with accounts type full | |
| 2024-08-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-22 | AA | accounts | Accounts with accounts type full | |
| 2023-11-20 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-11-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-21 | AA | accounts | Accounts with accounts type full | |
| 2022-11-14 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-23 | AA | accounts | Accounts with accounts type full | |
| 2021-12-16 | AA01 | accounts | Change account reference date company previous shortened |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.