AIR WORKS UK ENGINEERING LIMITED
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Cash
£116K
USD 155,236
+248.8% vs 2024
Net assets
-£20M
USD -26,605,402
-9.8% vs 2024
Employees
5
0% vs 2024
Profit before tax
-£1.8M
USD -2,373,069
-2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £44,382 | — | |
| Operating profit | -£88,598 | -£70,436 | -£87,634 | -£54,840 | +37.4% | |
| Profit before tax | -£2,432,698 | -£2,292,996 | -£1,741,179 | -£1,776,515 | -2% | |
| Net profit | — | — | -£1,741,179 | -£1,776,515 | -2% | |
| Cash | £480,734 | £161,984 | £33,316 | £116,212 | +248.8% | |
| Total assets less current liabilities | — | — | -£18,140,689 | -£19,917,205 | -9.8% | |
| Net assets | -£19,613,470 | -£21,906,466 | -£18,140,689 | -£19,917,205 | -9.8% | |
| Equity | -£19,613,470 | -£21,906,466 | -£18,140,689 | -£19,917,205 | -9.8% | |
| Average employees | 5 | 5 | 5 | 5 | 0% | |
| Wages | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | — | -123.6% | |
| Current ratio | — | — | 0.00x | 0.00x | |
| Interest cover | -0.04x | -0.03x | -0.05x | -0.03x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Lovewell Blake LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors have prepared the financial statements on a going concern basis.”
Group structure
- AIR WORKS UK ENGINEERING LIMITED · parent
- Air Works Empire UK Limited 100%
- Air Works Aviation Services Limited 100%
Significant events
- “On 30 June 2025, the majority of the shares of Air Works India (Engineering) Pvt. Ltd were acquired by Adani Defence Systems & Technologies Ltd ('ADSTL'), an Adani Group Company. ADSTL is a wholly owned subsidiary of Adani Enterprises Limited ('AEL').”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AGARWAL, Nitin | Director | 2024-05-03 | Jan 1979 | Indian |
| DHANYAMRAJU, Anand Bhaskar | Director | 2020-04-17 | Aug 1965 | Indian |
| LATHAM, Tobias John | Director | 2019-02-28 | Jun 1984 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALAIS, Steven Morton | Secretary | 2010-02-01 | 2011-06-29 |
| CHHABRA, Luv | Director | 2010-01-11 | 2015-09-22 |
| DHANYAMRAJU, Anand Bhaskar | Director | 2016-12-01 | 2017-02-15 |
| DHANYAMRAJU, Anand Bhaskar | Director | 2015-09-23 | 2016-11-30 |
| GOUR, Vivek Narayan | Director | 2016-11-29 | 2017-12-15 |
| GOUR, Vivek Narayan | Director | 2010-07-19 | 2015-09-22 |
| JAIN, Rachit | Director | 2020-04-17 | 2022-05-30 |
| JAIN, Rajat | Director | 2022-05-30 | 2024-04-30 |
| KAHAN, Barbara | Director | 2009-12-05 | 2009-12-05 |
| MUNJAL, Sanjeev | Director | 2018-04-12 | 2018-06-27 |
| SCHULHOF, Michael Peter | Director | 2015-09-23 | 2025-06-30 |
| SONI, Suresh Kumar | Director | 2009-12-05 | 2025-06-30 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 101 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-02 | CH01 | officers | Change person director company with change date | |
| 2025-12-03 | AA | accounts | Accounts with accounts type full | |
| 2025-07-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-25 | AA | accounts | Accounts with accounts type full | |
| 2024-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-20 | AA | accounts | Accounts with accounts type full | |
| 2023-12-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-28 | CH01 | officers | Change person director company with change date | |
| 2023-03-28 | CH01 | officers | Change person director company with change date | |
| 2023-03-28 | CH01 | officers | Change person director company with change date | |
| 2023-03-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-03-28 | CH01 | officers | Change person director company with change date | |
| 2022-12-15 | AA | accounts | Accounts with accounts type full | |
| 2022-12-12 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.