ECUBE SOLUTIONS LIMITED
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Cash
£1.7M
+75.7% vs 2023
Net assets
£10M
+7.7% vs 2023
Employees
77
-10.5% vs 2023
Profit before tax
£974K
+12.3% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £9,112,112 | £7,203,738 | -20.9% | |
| Operating profit | £848,533 | £958,161 | +12.9% | |
| Profit before tax | £867,872 | £974,449 | +12.3% | |
| Net profit | £753,100 | £739,088 | -1.9% | |
| Cash | £981,714 | £1,724,686 | +75.7% | |
| Total assets less current liabilities | £9,708,916 | £10,480,663 | +7.9% | |
| Net assets | £9,641,542 | £10,380,630 | +7.7% | |
| Equity | £9,641,542 | £10,380,630 | +7.7% | |
| Average employees | 86 | 77 | -10.5% | |
| Wages | £2,896,217 | £3,451,616 | +19.2% | |
| Directors' remuneration | £141,059 | £141,273 | +0.2% |
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 |
|---|---|---|---|
| Operating margin | 9.3% | 13.3% | |
| Net margin | 8.3% | 10.3% | |
| Return on capital employed | 8.7% | 9.1% | |
| Current ratio | 2.55x | 1.69x |
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
- ECUBE SOLUTIONS LIMITED 2014-09-22 → present
- X-PLANE LIMITED 2011-11-02 → 2014-09-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors perform an annual going concern review that considers the company's ability to meet its financial obligations as they fall due, for a period of at least twelve months after the date that the financial statements are signed. Based on the above, the directors have concluded that the company has adequate resources to continue in operational existence for the foreseeable future (for a period of at least twelve months after the date that the financial statements are signed).”
Significant events
- “During the year, the company, and the group, continued its expansion strategy to provide market leading, high quality services of disassembly, aircraft storage, maintenance and recycling and upcycling services to aircraft owners of mature assets.”
- “The opening of the groups Coolidge Arizona, USA site has provided the group access to the largest global market.”
- “The matter was concluded with HMRC in Spring 2024 and the liability was lower than was expected and there was a release of £106,144 in excess provision.”
- “From 29 August 2024 the shares in Project Swan Topco Limited are majority owned by Unical Aviation Inc. incorporated within the USA, which are considered to be the ultimate controlling party.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GREEN, Sharon Huskey | Director | 2024-08-29 | Sep 1964 | American |
| MCCONNELLOGUE, Lee Dermot, Mr. | Director | 2022-06-01 | Oct 1980 | Irish |
| NIGHTENGALE, Caryn | Director | 2024-11-06 | Sep 1974 | American |
| NOLAN, Simon | Director | 2023-02-15 | Aug 1981 | Irish |
| VOLLRATH II, David Lee | Director | 2024-08-29 | Jun 1964 | American |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORNE, Julie Elizabeth | Director | 2011-11-02 | 2020-08-18 |
| CORNE, Michael | Director | 2011-11-02 | 2022-09-30 |
| CORNE, Stephen | Director | 2018-09-10 | 2020-08-18 |
| DUNSFORD, Peter James | Director | 2018-01-02 | 2022-07-31 |
| JOHN, Dafydd Rhys | Director | 2021-07-27 | 2023-05-22 |
| LADD, David Ian | Director | 2023-05-22 | 2025-04-22 |
| SCHMIDT, Rosemary Anne | Director | 2011-11-02 | 2020-08-18 |
| SCHMIDT, Timothy Martin | Director | 2011-11-02 | 2023-06-30 |
| TAYLOR, Steven John | Director | 2021-10-27 | 2025-09-23 |
| VANDERSLUIS, Conrad David | Director | 2024-08-29 | 2024-11-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ecube Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-07-20 | Active |
Filing timeline
Last 20 of 72 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-30 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-02 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-30 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-07 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-10-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-20 | AA | accounts | Accounts with accounts type full | |
| 2024-03-01 | AA | accounts | Accounts with accounts type full | |
| 2023-11-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-23 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- 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.