AAE TECHNOLOGIES LIMITED

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

• Turnover

  +19.4%

  £6,118,575 → £7,308,505

• Cash

  -60.8%

  £488,556 → £191,655

• Net assets

  +13.8%

  £6,253,071 → £7,117,409

• Employees

  0%

  55 → 55

• Operating profit

  +237.2%

  £383,287 → £1,292,491

• Profit before tax

  +191.5%

  £437,150 → £1,274,255

• Wages

  +11.2%

  £1,809,772 → £2,012,624

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Stephenson Smart (East Anglia) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. AAE TECHNOLOGIES LIMITED · parent
   1. Applied Acoustic Engineering Limited 100% · England and Wales · Designs and develops a range of subsea navigation, positioning and survey products
   2. Modulus Technology Limited 100% · England and Wales · Equipment repairs and rental leasing
   3. Ensign Subsea Systems Limited 100% · England and Wales · Bespoke services across oil and renewable energy sector
   4. Browston Instruments Limited 100% · England and Wales · Holds and licences intellectual property used in the group

Significant events

• “The group aims to continue its sales growth in core markets as well as exploring new and emerging markets and business sectors.”
• “Sales increased 20% on the prior year and the key strategy for the group is to expand its production capabilities in order to fulfil demand.”
• “The expansion of freehold property will further strengthen the group's capability of revenue generation and management are in-agreement the addition will provide further opportunities for the group.”
• “The group secured a loan of £1.25m resulting in a fixed charge over all assets of a member of the group and all other subsidiaries. Furthermore, a floating charge over all the other property, assets and rights of the subsidiary owned now or in the future which are not subject to an effective fixed charge.”

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

Filings

12

last 12 months

Capital events

2

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.