FIXED WING TRAINING LIMITED
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Cash
£4.5m
-10.2% lowest in 3 filed years
Net assets
£282k
-46.4% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
£717k
+5% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Unclassified median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £10,154,000 | £12,685,000 | £13,929,000 | +9.8% | |
| Operating profit | £546,000 | £596,000 | £657,000 | +10.2% | |
| Profit before tax | £454,000 | £683,000 | £717,000 | +5% | |
| Net profit | £268,000 | £512,000 | £549,000 | +7.2% | |
| Cash | £4,996,000 | £5,041,000 | £4,525,000 | -10.2% | |
| Total assets less current liabilities | £749,000 | £526,000 | £282,000 | -46.4% | |
| Net assets | £749,000 | £526,000 | £282,000 | -46.4% | |
| Equity | £749,000 | £526,000 | £282,000 | -46.4% | |
| Average employees | — | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | £0 | £0 | — |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 5.4% | 4.7% | 4.7% | |
| Net margin | 2.6% | 4.0% | 3.9% | |
| Return on capital employed | 72.9% | 113.3% | 233.0% | |
| Gearing (liabilities / total assets) | 85.0% | 89.6% | 93.8% | |
| Interest cover | 2.74x | — | — |
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
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared cash flow forecasts covering a period of at least 12 months from the date of approval of these financial statements which indicate that, taking account of severe but plausible downsides in the trading environment, the company will have sufficient funds to meet its liabilities as they fall due for that period. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VOLKMER, Michael | Secretary | 2024-04-10 | — | — |
| BABCOCK CORPORATE SECRETARIES LIMITED | Corporate Secretary | 2015-08-12 | — | — |
| EDWARDS, Paul Lloyd | Director | 2023-02-28 | Jul 1977 | British |
| FRITZ, Christopher Lee | Director | 2026-01-15 | Jan 1980 | American |
| JAMES, Timothy Richard Thomas | Director | 2026-01-15 | Apr 1973 | British |
| MORTON, Thomas Oliver | Director | 2026-01-15 | Feb 1988 | British |
| NEWMAN, Tom | Director | 2023-02-28 | Jul 1980 | British |
| WELLS, Jonathon Dewey | Director | 2026-01-15 | Dec 1979 | American |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELL, Stuart | Secretary | 2015-08-12 | 2017-08-01 |
| PARKIN, Adam | Secretary | 2017-08-01 | 2021-01-29 |
| PRICE, Lucille | Secretary | 2021-01-29 | 2021-12-09 |
| SMITH, Azal May | Secretary | 2022-01-05 | 2024-04-10 |
| WASSELL, Portia Brook | Secretary | 2023-05-04 | 2024-04-10 |
| ABBOTT, Matthew Thomas | Director | 2022-10-05 | 2023-02-28 |
| BARKER, Chloe | Director | 2024-10-03 | 2026-01-15 |
| BENTON JR, Richard W | Director | 2022-12-14 | 2024-07-16 |
| BORRETT, Nicholas James William | Director | 2022-10-05 | 2023-02-28 |
| BRADLEY, Thomas Irwin | Director | 2016-07-27 | 2022-12-31 |
| BROWN, Matthew | Director | 2023-04-12 | 2025-09-01 |
| CLINK, Adam Duncan | Director | 2024-04-10 | 2026-01-15 |
| CRAIG, Phillip James | Director | 2020-04-01 | 2023-01-24 |
| DAVIES, John Richard | Director | 2015-08-12 | 2016-03-07 |
| GARVEY, Kevin John | Director | 2020-01-13 | 2022-10-05 |
| GRABAN, Amy Lynn Gowder | Director | 2016-12-06 | 2020-04-22 |
| HARDY, Roger Andrew | Director | 2016-03-07 | 2020-03-31 |
| HAYZEN-SMITH, Karen Veronica | Director | 2016-12-06 | 2020-01-13 |
| LIVINGSTON, Paul Nigel | Director | 2016-12-06 | 2022-12-31 |
| MCCARTHY, John Charles | Director | 2015-08-12 | 2016-07-27 |
| MCINTOSH, Chauncey Jovan | Director | 2021-01-29 | 2022-10-31 |
| MISELL, Neal Gregory | Director | 2016-04-05 | 2022-10-05 |
| NAREY, Elizabeth Agnes | Director | 2015-08-12 | 2016-04-05 |
| PITMAN, Jay Brock | Director | 2024-07-16 | 2026-01-15 |
| PLACHINSKI, Christina L. | Director | 2025-09-01 | 2026-01-15 |
| RAMBEAU, Jonathan Patrick | Director | 2015-08-12 | 2016-12-06 |
| RAYSON, Joanna Kay | Director | 2023-01-24 | 2024-10-03 |
| RUDDOCK, Peter William David | Director | 2015-08-12 | 2016-12-06 |
| TRUSS, Kelvin | Director | 2023-01-01 | 2024-04-10 |
| URQUHART, Iain Stuart | Director | 2015-08-12 | 2016-12-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Fixed Wing Training Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 92 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-18 | AA | accounts | Accounts with accounts type full | |
| 2026-07-15 | AP01 | officers | Appoint person director company with name date | |
| 2026-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-12 | AA | accounts | Accounts with accounts type full | |
| 2025-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-07 | CH01 | officers | Change person director company with change date | |
| 2024-11-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-10 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 4
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.