AEROTRON COMPOSITES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-20 (in 5mo)
Last made up 2025-10-06
Watchouts
None on the register
Cash
£202K
+75.4% highest in 5 filed years
Net assets
-£11M
-18.7% lowest in 5 filed years
Employees
113
+10.8% highest in 5 filed years
Profit before tax
-£2M
+29.4% highest in 5 filed years
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-02-26 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £3,077,071 | £4,136,460 | £4,633,321 | £6,250,774 | £6,580,263 | |
| Operating profit | — | — | -£2,898,423 | -£2,183,266 | -£2,157,447 | -£1,882,454 | -£1,123,218 | |
| Profit before tax | — | — | -£3,168,301 | -£2,606,599 | -£2,696,983 | -£2,553,694 | -£1,801,999 | |
| Net profit | — | — | -£3,168,301 | -£2,606,599 | -£1,630,983 | -£65,357 | -£1,801,999 | |
| Cash | — | — | £107,399 | £57,026 | £113,393 | £115,414 | £202,439 | |
| Total assets less current liabilities | — | — | £3,915,240 | £4,050,238 | £4,330,734 | £4,581,653 | £2,002,166 | |
| Net assets | — | — | -£5,313,268 | -£7,919,867 | -£9,550,850 | -£9,616,207 | -£11,418,206 | |
| Equity | £0 | -£2,144,967 | -£5,313,268 | -£7,919,867 | -£9,550,850 | -£9,616,207 | -£11,418,206 | |
| Average employees | — | — | 65 | 92 | 102 | 102 | 113 | |
| Wages | — | — | £2,201,933 | £2,831,643 | £3,194,395 | £3,057,341 | £3,708,449 | |
| Directors' remuneration | — | — | £221,002 | £105,000 | £105,000 | £130,898 | £124,321 |
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
-
Turnover
+5.3%
£6,250,774 £6,580,263
highest in 5 filed years
-
Cash
+75.4%
£115,414 £202,439
highest in 5 filed years
-
Net assets
-18.7%
-£9,616,207 -£11,418,206
lowest in 5 filed years
-
Employees
+10.8%
102 113
highest in 5 filed years
-
Operating profit
+40.3%
-£1,882,454 -£1,123,218
highest in 5 filed years
-
Profit before tax
+29.4%
-£2,553,694 -£1,801,999
highest in 5 filed years
-
Wages
+21.3%
£3,057,341 £3,708,449
highest in 5 filed years
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 | 2019-02-26 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | -94.2% | -52.8% | -46.6% | -30.1% | -17.1% | |
| Net margin | — | — | -103.0% | -63.0% | -35.2% | -1.0% | -27.4% | |
| Return on capital employed | — | — | -74.0% | -53.9% | -49.8% | -41.1% | -56.1% | |
| Current ratio | — | — | — | — | — | 3.96x | 1.20x | |
| Interest cover | — | — | -10.74x | -5.16x | -4.00x | -2.80x | -1.65x |
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
- Gravita Audit II Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider it appropriate to prepare the financial statements on a going concern basis. The directors have confirmed the intention, ability and willingness of the group companies, to continue maintain financial support to enable the company to meet its liabilities as they fall due.”
Significant events
- “Turnover has increased by 5.3% despite poor economic conditions. Gross profit margin before depreciation increased by 0.4% in 2024.”
- “The company is continuing to grow... turnover and margins have grown significantly each year, with the expectation that the business will become profitable in the next 12 to 24 months.”
- “The company will continue to invest in research and development, to help further grow its business. It currently has a strong order book and expects significant growth in turnover in 2025.”
- “Significant extension work to the occupied property is in the process of being completed in 2025 which will considerably increase manufacturing capacity and is expected to increase the profitability of the company. In early 2025 part of the extension has already been utilised and a new contract has been won which has improved cashflow and has meant that repayments of the loans from group companies have started.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GOODALL, Kevin | Director | 2020-07-21 | Jun 1956 | British |
| LESLIE, Andrew John Drever | Director | 2019-02-27 | Oct 1981 | British |
| WESTLEY, Anthony Maurice | Director | 2019-02-27 | Aug 1946 | British |
| WESTLEY, Mark Peter | Director | 2019-02-27 | Apr 1975 | British |
| WESTLEY, Neil Anthony | Director | 2019-02-27 | Oct 1970 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FAIRBRASS, Keith Anthony | Director | 2019-02-27 | 2020-07-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Andrew John Drever Leslie | Individual | Significant influence | 2019-02-27 | Ceased 2020-03-12 |
| Mr Keith Anthony Fairbrass | Individual | Significant influence | 2019-02-27 | Ceased 2020-03-12 |
| Total Aircraft Product Support (Holdings) Limited | Corporate entity | ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm | 2019-02-27 | Active |
Filing timeline
Last 20 of 23 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-19 | AA | accounts | Accounts with accounts type full | |
| 2024-10-12 | AA | accounts | Accounts with accounts type full | |
| 2024-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2022-10-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-07-15 | AA | accounts | Accounts with accounts type full | |
| 2022-07-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-22 | AA | accounts | Accounts with accounts type small | |
| 2021-02-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-01-26 | CH01 | officers | Change person director company with change date | |
| 2020-11-25 | AA | accounts | Accounts with accounts type small | |
| 2020-07-22 | AP01 | officers | Appoint person director company with name date | |
| 2020-07-22 | TM01 | officers | Termination director company with name termination date | |
| 2020-03-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-03-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-03-04 | AA01 | accounts | Change account reference date company previous shortened | |
| 2020-03-03 | PSC01 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.