STORM AVIATION LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-27 (in 4mo)
Last made up 2025-09-13
Watchouts
Cash
£3M
+478.6% vs 2023
Net assets
£4M
-12.5% vs 2023
Employees
178
-16.8% vs 2023
Profit before tax
£2M
+138.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Insolvency history on file
Companies House holds prior insolvency events for this company. Detail and outcome on the official register.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £38,489,846 | £43,648,762 | |
| Operating profit | £1,226,004 | £2,239,372 | |
| Profit before tax | £808,098 | £1,924,444 | |
| Net profit | £537,370 | £1,443,885 | |
| Cash | £549,538 | £3,179,430 | |
| Total assets less current liabilities | £5,995,854 | £8,401,933 | |
| Net assets | £4,460,717 | £3,904,602 | |
| Equity | £4,460,717 | £3,904,602 | |
| Average employees | 214 | 178 | |
| Wages | £12,911,115 | £11,824,826 | |
| Directors' remuneration | £215,839 | £334,473 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+13.4%
£38,489,846 £43,648,762
-
Cash
+478.6%
£549,538 £3,179,430
-
Net assets
-12.5%
£4,460,717 £3,904,602
-
Employees
-16.8%
214 178
-
Operating profit
+82.7%
£1,226,004 £2,239,372
-
Profit before tax
+138.1%
£808,098 £1,924,444
-
Wages
-8.4%
£12,911,115 £11,824,826
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.2% | 5.1% | |
| Net margin | 1.4% | 3.3% | |
| Return on capital employed | 20.4% | 26.7% | |
| Gearing (liabilities / total assets) | 75.0% | 80.7% | |
| Current ratio | 1.00x | 0.96x | |
| Interest cover | 2.93x | 4.83x |
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
- Ernst & Young Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having considered the Company's actual and expected future positive cash flows as well as the current position of the net assets in the Statement of Financial Position, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- STORM AVIATION LIMITED · parent
- Storm Aviation (Cyprus) Ltd 100%
- Storm Aviation Nigeria Ltd 100%
- Storm Aviation GmbH 100%
- Storm Avionics Technologies Services Ltd 100%
- Storm Aircraft Maintenance Ltd 100%
Significant events
- “On 21 January 2025 the Company signed a credit line agreement with its parent company FL Technics UAB to lend up to EUR 950,000 (£788,500) at a fixed annual interest rate of 8.4% repayable on demand and not later than 31 December 2028.”
- “On 29 May 2025 the Company signed a credit line agreement with FL Technics Dominican Republic S.A.S., a related party controlled by the ultimate parent company Avia Solutions Group PLC. Under this agreement the Company agreed to provide a loan of up to USD 2,200,000 (£1,731,731) at a fixed annual interest rate of 13.69% repayable on demand but not later than 31 July 2027.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MH SECRETARIES LIMITED | Corporate Secretary | 2011-10-05 | — | — |
| BAJARUNAS, Saulius | Director | 2019-08-01 | Jun 1987 | Lithuanian |
| BUCKLEY, Thomas | Director | 2012-10-16 | Jul 1974 | British |
| LAPINSKAS, Zilvinas | Director | 2013-12-18 | Mar 1976 | Lithuanian |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARKER, Simon Charles | Secretary | 2006-03-21 | 2009-05-29 |
| HARPER, David Andrew | Secretary | 2005-10-26 | 2006-03-21 |
| HEWITT, Robert David | Secretary | 2004-11-19 | 2005-10-12 |
| TAYLOR, Sean Ronald | Secretary | 2009-11-01 | 2011-10-05 |
| ADAMS & REMERS SOLICITORS | Corporate Secretary | 2004-09-13 | 2004-11-19 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2004-09-13 | 2004-09-13 |
| AKSTINAS, Petras | Director | 2011-09-30 | 2016-06-02 |
| BARKER, Simon Charles | Director | 2006-06-20 | 2009-05-29 |
| BUTAUTIS, Jonas | Director | 2011-09-30 | 2013-12-18 |
| DANIEL, Nigel | Director | 2010-01-20 | 2012-10-08 |
| GREGORY, Jonathan David Leigh | Director | 2004-11-19 | 2011-09-30 |
| HEWITT, Robert David | Director | 2004-10-22 | 2005-10-12 |
| HIBBERT, Alec John | Director | 2006-10-30 | 2011-01-25 |
| HILL, David Anthony | Director | 2005-03-15 | 2011-09-30 |
| LONGDEN, Keith | Director | 2004-09-13 | 2008-06-20 |
| LONGDEN, Martin | Director | 2004-09-13 | 2009-09-29 |
| RHODIN, Lindsay | Director | 2004-11-19 | 2010-02-23 |
| RYDER, Andrew Keith | Director | 2004-09-13 | 2005-10-26 |
| TAYLOR, Sean Ronald | Director | 2010-01-20 | 2012-06-15 |
| VALANCIUS, Algirdas | Director | 2016-06-02 | 2019-07-29 |
| WILCOX, Nicholas John Kennedy | Director | 2006-09-28 | 2009-09-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gediminas Ziemelis | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-07-15 | Active |
| Avia Solutions Group Ab | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-07-15 |
Filing timeline
Last 20 of 169 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-12 | AA | accounts | Accounts with accounts type full | |
| 2025-09-02 | CH01 | officers | Change person director company with change date | |
| 2024-10-07 | AA | accounts | Accounts with accounts type full | |
| 2024-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-20 | CH01 | officers | Change person director company with change date | |
| 2024-09-16 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-05 | CH01 | officers | Change person director company with change date | |
| 2024-03-20 | CH01 | officers | Change person director company with change date | |
| 2023-09-22 | AA | accounts | Accounts with accounts type full | |
| 2023-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-18 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-01-18 | RP04AR01 | annual-return | Second filing of annual return with made up date | |
| 2023-01-18 | RP04AR01 | annual-return | Second filing of annual return with made up date | |
| 2023-01-18 | RP04AR01 | annual-return | Second filing of annual return with made up date | |
| 2023-01-18 | RP04AR01 | annual-return | Second filing of annual return with made up date | |
| 2022-12-19 | AA | accounts | Accounts with accounts type full | |
| 2022-09-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-09 | CH04 | officers | Change corporate secretary company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.