PARK AIR SYSTEMS LIMITED
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Cash
£5.2m
+28.9% highest in 3 filed years
Net assets
£15m
+4.2% highest in 3 filed years
Employees
144
+8.3% highest in 3 filed years
Profit before tax
£748k
+118.1% highest in 3 filed years
Net assets
3-year trend · vs Telecommunications 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 | £20,682,000 | £24,506,000 | £30,688,000 | +25.2% | |
| Operating profit | -£2,842,000 | £352,000 | £750,000 | +113.1% | |
| Profit before tax | -£2,050,000 | £343,000 | £748,000 | +118.1% | |
| Net profit | -£1,531,000 | £562,000 | £601,000 | +6.9% | |
| Cash | £3,111,000 | £4,045,000 | £5,213,000 | +28.9% | |
| Total assets less current liabilities | £14,463,000 | £14,944,000 | £15,640,000 | +4.7% | |
| Net assets | £13,726,000 | £14,287,000 | £14,888,000 | +4.2% | |
| Equity | £13,726,000 | £14,287,000 | £14,888,000 | +4.2% | |
| Average employees | 125 | 133 | 144 | +8.3% | |
| Wages | — | £6,768,000 | £8,122,000 | +20% | |
| Directors' remuneration | — | £278,000 | £315,000 | +13.3% | |
| Directors' pension contributions | — | £13,000 | £14,000 | +7.7% | |
| Highest paid director | — | £266,000 | £301,000 | +13.2% |
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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -13.7% | 1.4% | 2.4% | |
| Net margin | -7.4% | 2.3% | 2.0% | |
| Return on capital employed | -19.7% | 2.4% | 4.8% | |
| Gearing (liabilities / total assets) | 40.8% | 33.4% | 49.1% | |
| Current ratio | 2.61x | 3.25x | 2.12x | |
| Interest cover | — | 32.00x | — |
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 3 times since incorporation
- PARK AIR SYSTEMS LIMITED 2002-02-19 → present
- PARK AIR ELECTRONICS LIMITED 1986-05-27 → 2002-02-19
- PARK AIR ELECTRONICS (1985) LIMITED 1985-11-15 → 1986-05-27
- HACKREMCO (NO.234) LIMITED 1985-10-01 → 1985-11-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of the forecast position of the Company the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of not less than 12 months from the date of approval of these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 45 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TARRECH-MASDEU, Ramon | Director | 2023-09-29 | Nov 1966 | Spanish |
| THOMPSON, Fiona Morag | Director | 2020-01-01 | Mar 1969 | British |
Show 45 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRADLEY, Peter Charles | Secretary | — | 1992-08-07 |
| CHOUNG, Susie Lee | Secretary | 2015-10-15 | 2022-05-01 |
| HASAN, Jannette Estevez | Secretary | 2011-09-01 | 2015-10-15 |
| KING, Tiffany Mcconnell | Secretary | 2022-05-01 | 2023-09-29 |
| POWELL-SMITH, Simon Ivor | Secretary | 1992-08-10 | 2001-11-02 |
| VON KUMBERG, Wolf | Secretary | 2013-02-12 | 2014-09-01 |
| VON KUMBERG, Wolf | Secretary | 2001-12-02 | 2005-07-01 |
| WILTSHIRE, Roger Campbell | Secretary | 2014-09-01 | 2023-09-29 |
| WOODMAN, Paul Norman | Secretary | 2005-07-01 | 2013-02-16 |
| ALLIS, Richard William | Director | 1986-01-01 | 2011-12-16 |
| BARRY, Paul | Director | 1992-09-11 | 1998-01-31 |
| BARTLETT, David John | Director | 1994-09-23 | 2004-03-01 |
| BEANGE, Peter | Director | 2015-05-15 | 2019-03-31 |
| BHATTI, Nabeel Tariq | Director | 2011-12-16 | 2015-05-15 |
| CHAFFEY, Nicholas John, Mr. | Director | 2021-11-08 | 2023-09-29 |
| CHANDLER, David Mark | Director | 2011-12-16 | 2015-05-15 |
| DAVISON, Paul | Director | 2008-01-02 | 2010-02-01 |
| DAVISON, Paul | Director | — | 1993-06-25 |
| EDELMAN, Larry Wayne | Director | 2008-01-02 | 2011-12-15 |
| ESSENHIGH, Nigel Richard, Sir | Director | 2010-02-04 | 2011-12-31 |
| GIBBS, Nelson F | Director | 1999-01-13 | 2000-02-01 |
| GUTTERIDGE, John David | Director | 1993-09-20 | 1996-05-01 |
| HANNON, William Burns | Director | 2005-07-01 | 2008-01-01 |
| HOUSEAGO, Charles John | Director | 1996-03-13 | 2015-05-15 |
| ISZATT, Michael Ernest | Director | 1999-12-20 | 2011-12-16 |
| KEARNS, Noel Francis | Director | 1992-02-10 | 1993-10-31 |
| KRANTZ, Keith Christian | Director | — | 1996-06-14 |
| LECKENBY, Alan John | Director | 2010-02-04 | 2012-01-17 |
| MCKENZIE, Gary William | Director | 2000-10-24 | 2005-07-01 |
| MCVEY, Bernard Philip | Director | 2001-12-02 | 2005-07-01 |
| MERKER, Richard Kenneth | Director | 2011-12-15 | 2015-05-15 |
| MESSMORE, John | Director | 1998-09-11 | 2005-07-01 |
| MILLIGAN, Daniel | Director | 2012-03-05 | 2020-03-31 |
| MYERS, James Mitchell | Director | 2014-12-01 | 2016-11-07 |
| PALMER, Benjamin Edward | Director | 2019-03-31 | 2021-11-07 |
| PALOMBO, Jeffrey Quentin | Director | 2016-11-07 | 2019-05-31 |
| PAMPLIN, Benjamin Philip | Director | — | 1994-04-19 |
| POWELL-SMITH, Simon Ivor | Director | 1993-09-20 | 2001-11-02 |
| ROSENBERG, Ian Leonard | Director | 2001-12-02 | 2002-05-02 |
| SPIEGEL, Steven David | Director | 2015-05-15 | 2023-09-29 |
| SPIRA, Vicki Eve | Director | 2005-07-01 | 2008-01-01 |
| TYMANN, Jack | Director | — | 1996-05-28 |
| WILSON, Carlene May | Director | 2005-07-01 | 2008-01-01 |
| WILTSHIRE, Roger Campbell | Director | 2014-12-01 | 2023-09-29 |
| YOUNG, Alan Michael | Director | — | 1992-09-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Indra Sistemas, S.A. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-09-29 | Active |
| Ngc Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-09-29 |
Filing timeline
Last 20 of 267 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-22 | AA | accounts | Accounts with accounts type full | |
| 2026-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-18 | AAMD | accounts | Accounts amended with accounts type full | |
| 2025-08-12 | AA | accounts | Accounts with accounts type total exemption full | |
| 2025-07-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-02 | AA | accounts | Accounts with accounts type full | |
| 2024-07-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-24 | AD02 | address | Change sail address company with old address new address | |
| 2023-10-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-10-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-10-06 | AA | accounts | Accounts with accounts type full | |
| 2023-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-29 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-09-29 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-09-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-08-03 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.