ITP ENGINES UK LIMITED
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Cash
£1.6m
+377.2% vs 2024
Net assets
£11m
+14.4% highest in 3 filed years
Employees
61
0% vs 2024
Profit before tax
-£3.3m
-15.1% vs 2024
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 | £16,071,000 | £5,289,000 | £5,374,000 | +1.6% | |
| Operating profit | -£3,406,000 | -£2,905,000 | -£3,105,000 | -6.9% | |
| Profit before tax | -£3,544,000 | -£2,903,000 | -£3,340,000 | -15.1% | |
| Net profit | -£2,516,000 | — | — | — | |
| Cash | £2,013,000 | £325,000 | £1,551,000 | +377.2% | |
| Total assets less current liabilities | £14,088,000 | £13,050,000 | £13,964,000 | +7% | |
| Net assets | £10,778,000 | £9,588,000 | £10,965,000 | +14.4% | |
| Equity | £10,778,000 | £9,588,000 | £10,965,000 | +14.4% | |
| Average employees | 129 | 61 | 61 | 0% | |
| Wages | £6,496,000 | £3,811,000 | £3,945,000 | +3.5% | |
| Directors' remuneration | £159,000 | £158,000 | £159,000 | +0.6% | |
| Directors' pension contributions | £7,000 | £27,000 | £9,000 | -66.7% | |
| Highest paid director | £159,000 | £158,000 | £159,000 | +0.6% |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -21.2% | -54.9% | -57.8% | |
| Net margin | -15.7% | — | — | |
| Return on capital employed | -24.2% | -22.3% | -22.2% | |
| Gearing (liabilities / total assets) | 38.8% | 39.8% | 42.9% | |
| Current ratio | 4.09x | 4.87x | 4.60x | |
| Interest cover | — | — | -7.01x |
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 1 time since incorporation
- ITP ENGINES UK LIMITED 2008-09-10 → present
- DUNWILCO (1535) LIMITED 2008-02-29 → 2008-09-10
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
“After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 16 months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis.”
Group structure
- ITP ENGINES UK LIMITED · parent
- Power Jets (Research and Development) Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEIGHTON, Robert Steven | Secretary | 2008-12-31 | — | British |
| GORRONO ARREGUI, Valentin | Director | 2024-07-19 | Apr 1977 | Spanish |
| GUIL LÓPEZ, Eva | Director | 2025-10-08 | Jul 1971 | Spanish |
| OTERO AGUAYO, Maria Carmen | 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 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| D.W. COMPANY SERVICES LIMITED | Corporate Secretary | 2008-02-29 | 2008-12-31 |
| ALVAREZ RUBIO, Luis | Director | 2020-09-01 | 2024-01-10 |
| ASKEW, Craig Michael | Director | 2009-07-06 | 2013-03-22 |
| GONZALEZ SAN SEGUNDO, Manuel Pablo | Director | 2020-09-01 | 2025-03-03 |
| MARTELL, Alvaro Santodomingo | Director | 2008-09-30 | 2020-09-02 |
| NAVARRO-FUENTES, Ricardo | Director | 2020-09-01 | 2022-05-19 |
| ROBERTSON KILLE, Alistair Gordon | Director | 2025-03-03 | 2025-10-07 |
| SANTOLAYA GONZALEZ, Miguel Angel | Director | 2020-09-01 | 2021-06-09 |
| D.W. DIRECTOR 1 LIMITED | Corporate Director | 2008-02-29 | 2008-09-09 |
| INDUSTRIA DE TURBO PROPULSORES, SA | Corporate Director | 2008-09-09 | 2020-09-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Industria De Turbo Propulsores, S.A | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-01-31 |
Filing timeline
Last 20 of 88 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-02-15 RESOLUTIONS Resolution
- 2023-02-15 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-11 | AA | accounts | Accounts with accounts type full | |
| 2026-06-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2025-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-21 | AA | accounts | Accounts with accounts type full | |
| 2024-04-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-25 | AA | accounts | Accounts with accounts type full | |
| 2023-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-15 | RESOLUTIONS | resolution | Resolution | |
| 2023-02-15 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.