CAE AIRCREW TRAINING SERVICES PLC
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Cash
£2.9m
-37.7% lowest in 3 filed years
Net assets
£6.5m
-15.4% lowest in 3 filed years
Employees
12
0% vs 2025
Profit before tax
£396k
-61.6% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £16,214,000 | £19,507,000 | £15,756,000 | -19.2% | |
| Operating profit | £248,000 | £770,000 | £75,000 | -90.3% | |
| Profit before tax | £502,000 | £1,031,000 | £396,000 | -61.6% | |
| Net profit | £290,000 | £721,000 | £329,000 | -54.4% | |
| Cash | £4,223,000 | £4,585,000 | £2,856,000 | -37.7% | |
| Total assets less current liabilities | £12,903,000 | £7,705,000 | £6,452,000 | -16.3% | |
| Net assets | £9,902,000 | £7,623,000 | £6,452,000 | -15.4% | |
| Equity | £9,902,000 | £7,623,000 | — | — | |
| Average employees | 12 | 12 | 12 | 0% | |
| Wages | £492,000 | £444,000 | £666,000 | +50% | |
| Directors' remuneration | £107,000 | £28,000 | £123,000 | +339.3% | |
| Directors' pension contributions | £8,000 | £2,000 | £6,000 | +200% | |
| Highest paid director | £115,000 | £30,000 | £129,000 | +330% |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 1.5% | 3.9% | 0.5% | |
| Net margin | 1.8% | 3.7% | 2.1% | |
| Return on capital employed | 1.9% | 10.0% | 1.2% | |
| Gearing (liabilities / total assets) | 52.9% | 54.6% | — | |
| Current ratio | 2.54x | 1.80x | 2.13x |
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
- CAE AIRCREW TRAINING SERVICES PLC 1999-06-11 → present
- CVS AIRCREW TRAINING PLC 1997-03-04 → 1999-06-11
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the Directors consider that the Company will be able to settle its liabilities as they fall due and accordingly the financial statements have been prepared on a going concern basis”
Significant events
- “A revised pricing structure was agreed with the MoD in September 2017 and again in 2025. The next re-pricing point will be March 2028.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 39 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOYLE, James Anthony | Secretary | 2017-03-10 | — | — |
| BENNETT, Arthur Andrew | Director | 2024-12-10 | Sep 1960 | British |
| BESWETHERICK, Elizabeth Jo | Director | 2022-01-04 | Jan 1988 | British |
| BOYLE, James Anthony | Director | 2017-03-10 | May 1982 | British |
| HEATH, James Christopher | Director | 2018-10-17 | Dec 1975 | British |
| HICKOX, Paul John | Director | 2026-01-18 | Feb 1976 | British |
| PROULX MAHER, Jean-Sébastien | Director | 2026-09-01 | Sep 1982 | Canadian,French |
Show 39 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADAMS, David Leslie | Secretary | 1997-10-08 | 1998-06-11 |
| BURTON, Michael John | Secretary | 1997-03-04 | 1997-10-08 |
| GRASSBY, Brian | Secretary | 1998-06-11 | 2000-03-14 |
| KING, Richard Philip | Secretary | 2000-03-14 | 2017-03-10 |
| ADAMS, David Leslie | Director | 1997-08-07 | 1998-06-11 |
| ADERHOLD, Ulrich Paul | Director | 2009-06-04 | 2011-10-25 |
| AMOS, Richard John | Director | 2001-08-13 | 2002-04-26 |
| ANDERSON, Nicolas Charles, Dr | Director | 2006-10-02 | 2009-06-04 |
| ARMSTRONG, Joseph | Director | 2020-04-30 | 2023-09-29 |
| BELL, Ian Kenneth | Director | 2007-01-12 | 2013-10-01 |
| BENTLEY, David Alan | Director | 2022-06-07 | 2024-03-12 |
| BOND, Richard Allan Vose | Director | 1997-10-08 | 1998-03-11 |
| BRANCO, Sonya | Director | 2014-06-16 | 2016-06-23 |
| BREMNER, Karen Dawn | Director | 2024-03-12 | 2024-12-09 |
| BURTON, Michael John | Director | 1997-03-04 | 1997-08-07 |
| D'ULISSE, Pietro | Director | 2011-10-25 | 2020-04-30 |
| GILBERT, Roger, Dr | Director | 1997-10-08 | 2001-02-13 |
| GRASSBY, Brian | Director | 1998-06-11 | 2000-03-14 |
| HEBERT, France | Director | 2023-12-14 | 2025-01-28 |
| HOLDEN, Mark Geoffrey David | Director | 2012-12-11 | 2018-10-17 |
| ISON, Robert Peter | Director | 2001-10-15 | 2005-07-31 |
| KING, Richard Philip | Director | 2001-02-13 | 2017-03-11 |
| LEFEBVRE, Stephane | Director | 2011-06-27 | 2014-06-16 |
| MCNAUGHT, William Wright | Director | 1998-03-11 | 2008-09-19 |
| MORGAN, Katherine Victoria | Director | 2022-07-27 | 2023-02-14 |
| MYERS, David Keith | Director | 1999-05-18 | 2001-10-15 |
| NAISMITH, Andrew | Director | 2013-10-01 | 2022-06-07 |
| PIGACHE, Guy Roland Marc | Director | 1997-10-08 | 2002-12-06 |
| POIRIER, Mario | Director | 2016-06-23 | 2026-08-21 |
| QUAIFE, Geoffrey Alan | Director | 2007-10-05 | 2017-12-12 |
| RAQUEPAS, Alain | Director | 2000-05-14 | 2011-06-27 |
| RENAUD, Paul Gary | Director | 1997-10-08 | 1999-05-18 |
| SPRINGETT, Scott | Director | 2017-12-12 | 2021-08-30 |
| SWINDELL, Mark | Director | 1997-03-04 | 1997-10-08 |
| SYKES, Rupert Stell | Director | 2008-09-19 | 2011-06-16 |
| SYMES, David Brian | Director | 1999-07-12 | 2007-01-31 |
| TAYLOR, Paul | Director | 2001-02-13 | 2001-08-13 |
| WAYMENT, Mark Christopher | Director | 2011-10-27 | 2012-12-11 |
| WOODHAMS, Mark Richard | Director | 2002-12-06 | 2007-10-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cae Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-02-14 | Active |
| Mr Joseph Armstrong | Individual | Significant influence | 2020-04-30 | Ceased 2023-09-29 |
| Mr James Christopher Heath | Individual | Significant influence | 2018-10-17 | Ceased 2024-02-14 |
| Cae International Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-02-14 |
| Mr Mario Poirier | Individual | Significant influence | 2016-04-06 | Ceased 2024-02-14 |
| Mr Andrew Naismith | Individual | Significant influence | 2016-04-06 | Ceased 2022-06-07 |
| Mr Pietro D'Ulisse | Individual | Significant influence | 2016-04-06 | Ceased 2020-04-30 |
| Mr Richard Philip King | Individual | Significant influence | 2016-04-06 | Ceased 2018-10-17 |
| Mr. Geoffrey Alan Quaife | Individual | Significant influence | 2016-04-06 | Ceased 2018-10-17 |
| Mr Mark Geoffrey David Holden | Individual | Significant influence | 2016-04-06 | Ceased 2018-10-17 |
Filing timeline
Last 20 of 186 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type full | |
| 2026-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-21 | AA | accounts | Accounts with accounts type full | |
| 2025-02-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-28 | AA | accounts | Accounts with accounts type full | |
| 2024-03-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-23 | CH01 | officers | Change person director company with change date | |
| 2024-02-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-02-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-02-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-02-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-12-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 2
- 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.