WESCO AIRCRAFT EMEA, LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-29 (in 11mo)
Last made up 2026-04-15
Watchouts
Cash
£15M
USD 20,497,000
+6.4% vs 2023
Net assets
-£26M
USD -35,347,000
-74.9% vs 2023
Employees
299
-3.2% vs 2023
Profit before tax
-£11M
USD -15,303,000
-95.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £136,893,922 | £147,790,237 | |
| Operating profit | -£4,320,102 | -£10,343,126 | |
| Profit before tax | -£5,840,622 | -£11,439,785 | |
| Net profit | -£5,976,676 | -£11,317,934 | |
| Cash | £14,403,080 | £15,322,569 | |
| Total assets less current liabilities | -£15,105,779 | -£26,423,712 | |
| Net assets | -£15,105,779 | -£26,423,712 | |
| Equity | -£15,105,779 | -£26,423,712 | |
| Average employees | 309 | 299 | |
| Wages | £12,984,227 | £13,011,139 | |
| Directors' remuneration | — | — |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — 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
-
Turnover
+8%
£136,893,922 £147,790,237
-
Cash
+6.4%
£14,403,080 £15,322,569
-
Net assets
-74.9%
-£15,105,779 -£26,423,712
-
Employees
-3.2%
309 299
-
Operating profit
-139.4%
-£4,320,102 -£10,343,126
-
Profit before tax
-95.9%
-£5,840,622 -£11,439,785
-
Wages
+0.2%
£12,984,227 £13,011,139
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -3.2% | -7.0% | |
| Net margin | -4.4% | -7.7% | |
| Return on capital employed | 28.6% | 39.1% | |
| Gearing (liabilities / total assets) | 109.9% | 119.6% | |
| Current ratio | 0.89x | 0.82x | |
| Interest cover | -2.65x | -8.89x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 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. 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.”
Significant events
- “On 1 June 2023, Incora's predecessor (Wesco Aircraft Holdings Inc.) and forty-three of its subsidiaries and affiliates (collectively, the "Debtors"), including all UK group companies, filed voluntary petitions for relief under title 11 of the U.S. Code (the "Bankruptcy Code") in Case No. 23-90611 before the U.S. Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court").”
- “The Debtors proposed a plan of reorganisation (the "Chapter 11 Plan"), which was accepted by the requisite majorities of creditors and was confirmed (approved) by the Bankruptcy Court on December 27, 2024. The Debtors implemented the Chapter 11 Plan on January 31, 2025, thereby emerging from U.S. bankruptcy oversight with a stable and de-leveraged capital structure.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LANDRY, Dawn Renee | Director | 2020-12-01 | Jan 1963 | American |
| WHATLING, Mark | Director | 2020-12-01 | Nov 1973 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOLLAND, John | Secretary | 2016-04-19 | 2020-04-15 |
| RENEHAN, Thomas | Secretary | 2020-04-15 | 2020-11-23 |
| ROBERTSON, Zoë Sheila | Secretary | 2020-12-01 | 2022-03-15 |
| AUSTERBERRY, Neal Raymond | Director | 2020-05-15 | 2024-01-15 |
| BURKE, Lee Philip | Director | 2024-07-01 | 2025-10-31 |
| DOBRUCKI, Jan Alexander | Director | 2016-04-19 | 2020-05-15 |
| HOLLAND, John Gerald | Director | 2016-04-19 | 2020-04-15 |
| HOLLINSHEAD, Wayne Richard | Director | 2020-12-01 | 2025-08-29 |
| HOLLINSHEAD, Wayne Richard | Director | 2020-11-23 | 2020-11-23 |
| MURRAY, Alexander | Director | 2016-04-19 | 2020-01-31 |
| PHENNAH, Alun | Director | 2016-04-19 | 2019-12-09 |
| RENEHAN, Thomas Scott | Director | 2019-06-12 | 2020-11-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Incora Uk Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-02-20 | Active |
| Wesco Aircraft International Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-10-01 | Ceased 2026-02-20 |
Filing timeline
Last 20 of 95 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-30 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-03-30 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-21 | AA | accounts | Accounts with accounts type full | |
| 2025-11-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-12 | CH01 | officers | Change person director company with change date | |
| 2025-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-23 | CH01 | officers | Change person director company with change date | |
| 2025-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-18 | AA | accounts | Accounts with accounts type full | |
| 2024-09-02 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-08-15 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.