AIRCRAFT ENGINEERING SERVICES LIMITED
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Cash
£3.9M
+10.9% vs 2024
Net assets
£1.1M
+31.9% vs 2024
Employees
502
+20.4% vs 2024
Profit before tax
£586K
+58.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-07-31
| Metric | Trend | 2024-07-31 | 2025-07-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £37,132,170 | £43,243,250 | +16.5% | |
| Operating profit | £367,927 | £581,486 | +58% | |
| Profit before tax | £369,379 | £586,205 | +58.7% | |
| Net profit | £276,907 | £437,608 | +58% | |
| Cash | £3,532,467 | £3,917,334 | +10.9% | |
| Total assets less current liabilities | £1,121,842 | £1,397,177 | +24.5% | |
| Net assets | £818,869 | £1,080,485 | +31.9% | |
| Equity | £818,869 | £1,080,485 | +31.9% | |
| Average employees | 417 | 502 | +20.4% | |
| Wages | £27,608,443 | £33,224,837 | +20.3% | |
| Directors' remuneration | £24,000 | £24,000 | 0% |
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 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Operating margin | 1.0% | 1.3% | |
| Net margin | 0.7% | 1.0% | |
| Return on capital employed | 32.8% | 41.6% | |
| Current ratio | 1.20x | 1.26x | |
| Interest cover | 22.54x | 25.59x |
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
- Galbraith Pritchards
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “In March 2026 the company's share capital was reorganised.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COOKSEY, Mary Philomena | Director | 2018-07-31 | May 1975 | British |
| THOMPSON, Michael Christopher | Director | 2026-03-24 | Mar 1982 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DODDS, Jonathan Paul | Director | 2018-09-25 | 2026-03-24 |
| SPRAGGONS, Michael | Director | 2018-07-31 | 2020-11-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Michael Christopher Thompson | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2026-03-24 | Active |
| Mr Jonathan Paul Dodds | Individual | Shares 25–50%, Voting 25–50% | 2018-09-25 | Ceased 2026-03-24 |
| Mr Michael Spraggons | Individual | Shares 25–50%, Voting 25–50% | 2018-07-31 | Ceased 2020-11-30 |
| Ms Mary Philomena Cooksey | Individual | Shares 25–50%, Voting 25–50% | 2018-07-31 | Active |
Filing timeline
Last 20 of 37 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-05-09 MA Memorandum articles
- 2026-05-09 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | RP01SH01 | miscellaneous | Legacy | |
| 2026-05-09 | MA | incorporation | Memorandum articles | |
| 2026-05-09 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-06 | SH06 | capital | Capital cancellation shares | |
| 2026-05-06 | SH03 | capital | Capital return purchase own shares | |
| 2026-04-30 | SH01 | capital | Capital allotment shares | |
| 2026-04-27 | AA | accounts | Accounts with accounts type full | |
| 2026-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-29 | AA | accounts | Accounts with accounts type medium | |
| 2024-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-26 | AA | accounts | Accounts with accounts type full | |
| 2023-08-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-27 | AA | accounts | Accounts with accounts type full | |
| 2023-06-02 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-06-02 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-06-02 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 3
- 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.