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Cash

£435K

+10.4% vs 2024

Net assets

-£19M

+8.7% vs 2024

Employees

341

-0.3% vs 2024

Profit before tax

£1.7M

+105% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31 Δ vs prior
Turnover £88,938,000£89,687,000 +0.8%
Operating profit -£31,404,000£4,279,000 +113.6%
Profit before tax -£33,111,000£1,657,000 +105%
Net profit -£32,791,000£1,831,000 +105.6%
Cash £394,000£435,000 +10.4%
Total assets less current liabilities -£14,252,000-£13,061,000 +8.4%
Net assets -£20,981,000-£19,150,000 +8.7%
Equity -£20,981,000-£19,150,000 +8.7%
Average employees 342341 -0.3%
Wages £24,431,000£25,385,000 +3.9%
Directors' remuneration

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 2024-03-312025-03-31
Operating margin -35.3%4.8%
Net margin -36.9%2.0%
Gearing (liabilities / total assets) 146.2%141.1%
Current ratio 0.59x0.68x
Interest cover -17.53x1.63x

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
UK-adopted international accounting standards
Reporting scope
Standalone (parent only)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have, at the time of approving the financial statements, a reasonable expectation that the Company has adequate resources to continue in operational existence for the immediate 12 month period.”

Significant events

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

People

6 active · 17 resigned

Name Role Appointed Born Nationality
SEABROOK, Michael William Peter Secretary 2014-10-28 British
FRANKLIN, Gary Adam Director 2025-03-07 Oct 1981 British
GENTGEN, Thierry Denis Etienne Director 2025-11-28 May 1966 French
HITCHCOCK, Peter William Director 2024-08-01 Jul 1966 British
KURP, Youzec Francois Guillaume Director 2025-11-28 Aug 1971 French
ROLFE, Martin John Director 2016-11-29 Aug 1972 British
Show 17 resigned officers
Name Role Appointed Resigned
ADAMS, Guy Anthony Director 2016-02-29 2025-03-07
ANTHISTLE, Anthony Director 2014-10-28 2016-11-29
BARRATT, Justin Stephen Richard Director 2014-10-09 2016-11-29
BOULTON, Stuart Michael Director 2016-04-25 2021-04-30
BROUGHTON, Marion Elizabeth Director 2015-04-29 2016-04-25
CRESSWELL, Alexander Colin Kynaston Director 2016-11-29 2025-11-28
LOWE, Edward Anthony Noel Director 2014-10-28 2015-04-29
MASON, Catherine Lois Director 2014-10-29 2016-03-04
MCPHEE, Alistair Dickson Director 2014-10-28 2016-11-29
O'CONNELL, Patrick Michael Director 2015-04-29 2016-01-18
RIVIERRE, Christian Albert Jean Paul Director 2023-02-20 2025-11-28
ROLFE, Martin John Director 2014-10-28 2016-02-29
STOLLER, Michael Paul Director 2018-04-03 2024-08-01
STOLLER, Michael Paul Director 2016-03-04 2016-11-29
STRATTON, Suzanne Jayne Director 2021-04-30 2023-02-20
WALKER, Justin Mark Director 2014-10-09 2015-04-29
WILSON, David John Alexander Director 2016-01-18 2018-04-03

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Nats (Services) Limited Corporate entity Shares 25–50%, Voting 25–50%, Significant influence 2016-04-06 Active
Thales Uk Limited Corporate entity Shares 25–50%, Voting 25–50% 2016-04-06 Active

Filing timeline

Last 20 of 70 total filings

Date Type Category Description
2025-12-16 AP01 officers Appoint person director company with name date PDF
2025-12-02 AP01 officers Appoint person director company with name date PDF
2025-12-01 TM01 officers Termination director company with name termination date PDF
2025-12-01 TM01 officers Termination director company with name termination date PDF
2025-10-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-15 AA accounts Accounts with accounts type full
2025-03-13 AP01 officers Appoint person director company with name date PDF
2025-03-13 TM01 officers Termination director company with name termination date PDF
2024-12-31 AA accounts Accounts with accounts type full
2024-10-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-01 AP01 officers Appoint person director company with name date PDF
2024-08-01 TM01 officers Termination director company with name termination date PDF
2024-01-05 AA accounts Accounts with accounts type full
2023-10-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-02-20 AP01 officers Appoint person director company with name date PDF
2023-02-20 TM01 officers Termination director company with name termination date PDF
2022-10-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-06 AA accounts Accounts with accounts type full
2021-11-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-08-26 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
2

last 12 months

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

Official Companies House page