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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-02-12 (in 9mo)

Last made up 2026-01-29

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

£1M

+1,649.6% highest in 3 filed years

Employees

85

+9% highest in 3 filed years

Profit before tax

£2M

+1,201% highest in 3 filed years

Accounts

3-year trend · latest reflected 2024-12-31

Metric Trend 2022-12-312023-12-312024-12-31
Turnover £4,556,880£9,559,358£11,162,138
Operating profit £102,142£158,570£1,713,534
Profit before tax £91,202£128,511£1,671,950
Net profit £54,997£1,308,967
Cash £0£0
Total assets less current liabilities £1,102,503£1,072,362£1,388,316
Net assets £24,352£79,349£1,388,316
Equity £24,352£79,349£1,388,316
Average employees 437885
Wages £4,890,533£5,386,829
Directors' remuneration £147,720£129,266

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

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 2022-12-312023-12-312024-12-31
Operating margin 2.2%1.7%15.4%
Net margin 0.6%11.7%
Return on capital employed 9.3%14.8%123.4%
Gearing (liabilities / total assets) 98.0%61.0%
Current ratio 0.57x1.07x
Interest cover 9.34x5.28x41.18x

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

  1. AIRBUS PROTECT LIMITED 2022-07-01 → present
  2. APSYS RISK ENGINEERING LIMITED 2011-02-24 → 2022-07-01

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The company has net current assets of £0.2m as at 31 December 2024 (2023: net current liabilities £1.3m) and the directors have performed a review of its cash forecasts to 31 December 2026. The forecasts show a negative cash position of £587,000 at the end of 2026, confirming the need to maintain the parent company's support. The company's ultimate parent undertaking, Airbus Group SE, has provided a parental letter of support confirming it shall continue to provide financial support, up to the historical maximum funding limit of €3,800,000, to enable the company to meet its liabilities as they fall due for a period to 31 December 2026. The directors have made appropriate and sufficient enquiries to satisfy themselves that the ultimate parent company is capable of providing the stated support and, accordingly, these financial statements have been prepared on the going concern basis.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 5 resigned

Name Role Appointed Born Nationality
ADAMS, Alison Louise Secretary 2021-10-27
FOURNIER, Nathalie Marie-Paule Director 2022-07-01 Jul 1978 French
GADD, Peter Director 2023-03-01 Mar 1969 British
JONES, Phillip Simon, Dr. Director 2022-02-25 Oct 1965 British
RACAUD, Thierry Marcel Raymond Director 2022-07-01 Feb 1965 French
TURNER, Keith Christopher Director 2022-02-25 Mar 1967 British
Show 5 resigned officers
Name Role Appointed Resigned
COOKE, Andrew Mark Director 2022-02-25 2022-07-01
FORESTIER, Christian Marie Director 2011-02-24 2022-07-01
JONES, Kevin Ian, Dr Director 2022-07-01 2023-03-01
OBERLÉ, Michel André Director 2019-07-10 2022-07-01
TROUILLOUD, Jean Marie Director 2011-02-24 2019-07-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Airbus Se Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 51 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-07-01 CERTNM Certificate change of name company PDF
Date Type Category Description
2026-02-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-04 AA accounts Accounts with accounts type full
2025-02-12 CS01 confirmation-statement Confirmation statement with updates PDF
2024-11-15 AAMD accounts Accounts amended with accounts type full
2024-09-27 AA accounts Accounts with accounts type total exemption full PDF
2024-02-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-27 AA accounts Accounts with accounts type full
2023-03-09 CS01 confirmation-statement Confirmation statement with updates PDF
2023-03-06 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-03-01 AP01 officers Appoint person director company with name date PDF
2023-03-01 TM01 officers Termination director company with name termination date PDF
2022-07-01 TM01 officers Termination director company with name termination date PDF
2022-07-01 TM01 officers Termination director company with name termination date PDF
2022-07-01 TM01 officers Termination director company with name termination date PDF
2022-07-01 AP01 officers Appoint person director company with name date PDF
2022-07-01 AP01 officers Appoint person director company with name date PDF
2022-07-01 AP01 officers Appoint person director company with name date PDF
2022-07-01 CERTNM change-of-name Certificate change of name company PDF
2022-06-21 AA accounts Accounts with accounts type full
2022-04-04 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page