AIR PRODUCTS EQUIPMENT LIMITED
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-09-30
Confirmation statement due
2026-11-16 (in 6mo)
Last made up 2025-11-02
Watchouts
None on the register
Cash
£7M
USD 9,099,000
+3,998.7% vs 2024
Net assets
£91M
USD 121,063,000
+71.5% vs 2024
Employees
0
Average over period
Profit before tax
£48M
USD 64,230,000
+12.1% vs 2024
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Turnover | £1,269,188,906 | £942,717,351 | |
| Operating profit | £40,024,669 | £31,060,028 | |
| Profit before tax | £42,843,687 | £48,015,250 | |
| Net profit | £38,704,493 | £42,052,777 | |
| Cash | £165,956 | £6,801,974 | |
| Total assets less current liabilities | £54,698,363 | £90,980,040 | |
| Net assets | £52,778,650 | £90,500,860 | |
| Equity | £52,778,650 | £90,500,860 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | £0 | £0 |
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
FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30
-
Turnover
-25.7%
£1,269,188,906 £942,717,351
-
Cash
+3,998.7%
£165,956 £6,801,974
-
Net assets
+71.5%
£52,778,650 £90,500,860
-
Employees
—
Not reported
-
Operating profit
-22.4%
£40,024,669 £31,060,028
-
Profit before tax
+12.1%
£42,843,687 £48,015,250
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 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Operating margin | 3.2% | 3.3% | |
| Net margin | 3.0% | 4.5% | |
| Return on capital employed | 73.2% | 34.1% | |
| Current ratio | 1.05x | 1.09x | |
| Interest cover | 2.31x | 1.14x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of signing of these financial statements no material uncertainties exist related to events or conditions that may give rise to significant doubt as to the company's ability to continue in operations for the foreseeable future being at least 12 months from the date of approval of these financial statements. The entity is expected to generate positive cash flows from the revenue projects which provides the directors with reasonable expectation that the company will be able to meet its financial obligations as they fall due for at least 12 months from the date of the approval of the financial statements. Therefore, the use of going concern basis of accounting is deemed appropriate.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ESCORIHUELA URBINA, Jose Bernardo | Director | 2022-02-15 | Apr 1969 | British |
| HUSSA, Benjamin Mcgovern | Director | 2021-12-15 | May 1978 | American |
| LOWE, Suzanne Natarlie Miriam | Director | 2024-07-11 | Sep 1964 | English |
| SAMBROOK, Mark Jamie | Director | 2020-11-03 | Oct 1971 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOOCOCK, Richard John | Director | 2020-11-03 | 2021-01-19 |
| CROCCO, Michael Scott | Director | 2020-11-03 | 2021-08-10 |
| LENEY, David | Director | 2021-01-19 | 2022-02-14 |
| SCHAEFFER, Melissa | Director | 2021-08-10 | 2024-07-11 |
| STINNER, Charles George | Director | 2020-11-03 | 2021-12-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Air Products Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-11-03 | Active |
Filing timeline
Last 20 of 29 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-09 | AA | accounts | Accounts with accounts type full | |
| 2025-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-06 | AA | accounts | Accounts with accounts type full | |
| 2025-04-08 | CH01 | officers | Change person director company with change date | |
| 2025-04-08 | CH01 | officers | Change person director company with change date | |
| 2025-04-08 | CH01 | officers | Change person director company with change date | |
| 2025-04-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-06 | AA | accounts | Accounts with accounts type full | |
| 2023-12-12 | AA | accounts | Accounts with accounts type full | |
| 2023-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-06 | AA | accounts | Accounts with accounts type full | |
| 2022-02-15 | AP01 | officers | Appoint person director company with name date | |
| 2022-02-15 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-15 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.