AVIATION & DEFENCE SPARES LIMITED
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Cash
£103k
-81.1% lowest in 3 filed years
Net assets
£7.2m
-14.4% lowest in 3 filed years
Employees
19
+5.6% highest in 3 filed years
Profit before tax
£453k
-87.7% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary 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 | £25,491,716 | £23,299,584 | £14,504,731 | -37.7% | |
| Operating profit | £3,755,407 | £3,761,792 | £475,121 | -87.4% | |
| Profit before tax | £3,658,653 | £3,686,719 | £453,251 | -87.7% | |
| Net profit | £2,780,579 | £2,758,487 | £337,276 | -87.8% | |
| Cash | £682,747 | £544,367 | £102,666 | -81.1% | |
| Total assets less current liabilities | £7,250,036 | £8,443,723 | £7,228,199 | -14.4% | |
| Net assets | £7,230,236 | £8,426,223 | £7,210,999 | -14.4% | |
| Equity | £7,230,236 | £8,426,223 | £7,210,999 | -14.4% | |
| Average employees | 17 | 18 | 19 | +5.6% | |
| Wages | £864,499 | £1,024,321 | £984,421 | -3.9% | |
| Directors' remuneration | £469,709 | £526,558 | £362,300 | -31.2% | |
| Directors' pension contributions | £2,642 | £2,642 | £2,972 | +12.5% | |
| Highest paid director | £305,527 | £340,287 | £230,775 | -32.2% |
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 | 14.7% | 16.1% | 3.3% | |
| Net margin | 10.9% | 11.8% | 2.3% | |
| Return on capital employed | 51.8% | 44.6% | 6.6% | |
| Gearing (liabilities / total assets) | 43.6% | 29.4% | 47.7% | |
| Current ratio | 2.18x | 3.23x | 2.01x | |
| Interest cover | 38.81x | 50.11x | 21.72x |
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
- AVIATION & DEFENCE SPARES LIMITED 2008-12-28 → present
- AVIATION DEFENCE AND MARINE SPARES LIMITED 1990-02-15 → 2008-12-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Francis Clark
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These facilities, together with the forecast improvement in trading performance, provide the Directors with a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis.”
Significant events
- “There are performance guarantees outstanding at the year end of £135,006 (2024: £142,360).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Stephen | Director | 2020-10-01 | Mar 1982 | British |
| BRYANT, Dominic | Director | 2025-10-01 | Jan 1977 | British |
| GORDON, James Nicholas Molyneux | Director | 2005-02-25 | Dec 1975 | British |
| GORDON, Matthew Charles | Director | 2012-02-28 | Jan 1973 | English |
| PRCHAL, Jakub | Director | 2021-05-01 | Dec 1986 | Czech |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GORDON, Jennifer Ann | Secretary | 1997-05-01 | 2021-05-01 |
| MONDS, Edward Brooks Beatty | Secretary | — | 1997-04-30 |
| ADAMS, Barry Julian | Director | — | 1997-04-30 |
| GORDON, Jennifer Ann | Director | 2005-11-02 | 2021-02-26 |
| GORDON, Nicholas Peter | Director | 1992-08-28 | 2021-02-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Aviation & Defence Spares Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-09-17 | Active |
| James Nicholas Molyneux Gordon | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-09-17 |
| Mr Matthew Charles Gordon | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-09-17 |
| Mr Nicholas Peter Gordon | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-02-25 |
Filing timeline
Last 20 of 144 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-20 | AA | accounts | Accounts with accounts type full | |
| 2026-01-19 | CH01 | officers | Change person director company with change date | |
| 2026-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-23 | CH01 | officers | Change person director company with change date | |
| 2025-08-21 | CH01 | officers | Change person director company with change date | |
| 2025-06-18 | AA | accounts | Accounts with accounts type full | |
| 2025-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-29 | CH01 | officers | Change person director company with change date | |
| 2024-09-25 | CH01 | officers | Change person director company with change date | |
| 2024-09-25 | CH01 | officers | Change person director company with change date | |
| 2024-05-16 | AA | accounts | Accounts with accounts type full | |
| 2024-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-30 | CH01 | officers | Change person director company with change date | |
| 2023-05-27 | AA | accounts | Accounts with accounts type full | |
| 2023-04-05 | CH01 | officers | Change person director company with change date | |
| 2023-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-24 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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.