WILLIS AVIATION SERVICES LIMITED
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Cash
£2.5m
USD 3,365,854
+52.3% highest in 3 filed years
Net assets
-£10m
USD -13,471,076
-226.5% lowest in 3 filed years
Employees
139
+39% vs 2024
Profit before tax
-£6.8m
USD -9,144,523
-9.5% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £3,470,064 | £5,606,888 | £8,767,054 | +56.4% | |
| Operating profit | — | -£6,198,814 | -£6,786,288 | -9.5% | |
| Profit before tax | -£4,633,911 | -£6,198,814 | -£6,786,288 | -9.5% | |
| Net profit | -£4,650,822 | -£6,291,244 | -£7,142,514 | -13.5% | |
| Cash | £104,137 | £1,640,170 | £2,497,851 | +52.3% | |
| Total assets less current liabilities | £3,411,009 | -£2,721,543 | -£9,345,216 | -243.4% | |
| Net assets | £3,184,571 | -£3,061,555 | -£9,997,088 | -226.5% | |
| Equity | £3,184,571 | -£3,061,555 | -£9,997,088 | -226.5% | |
| Average employees | — | 100 | 139 | +39% | |
| Wages | — | £6,623,459 | £9,335,881 | +41% | |
| Directors' remuneration | — | — | £47,802 | — | |
| Directors' pension contributions | — | — | £3,824 | — |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | -110.6% | -77.4% | |
| Net margin | -134.0% | -112.2% | -81.5% | |
| Gearing (liabilities / total assets) | 35.7% | 130.9% | 127.0% | |
| Current ratio | 1.31x | 0.33x | 0.17x |
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
- Azets Audit Services
- 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.”
Significant events
- “On 7 January 2026 $56,469,501 of an intercompany loan due to the parent company was transferred to equity as a capital contribution.”
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 |
|---|---|---|---|---|
| FAILLER, Garry Anthony | Director | 2025-06-24 | Jul 1958 | American,Canadian |
| PEMBERTON, Mark | Director | 2025-06-24 | May 1975 | British |
| VANDEDRINCK, Caroline | Director | 2025-01-30 | Mar 1970 | American |
| WILLIS, Austin Chandler | Director | 2022-03-25 | Jun 1980 | American |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NOROSE COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2022-03-25 | 2025-05-01 |
| FAILLER, Gary Anthony | Director | 2022-06-30 | 2025-01-30 |
| HOLE, Brian Richard | Director | 2022-03-25 | 2025-06-24 |
| POULAKIDAS, Dean Michael | Director | 2022-03-25 | 2025-06-12 |
| VINCE, Thomas James | Director | 2022-03-25 | 2022-03-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Norose Company Secretarial Services Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-03-25 | Ceased 2022-03-25 |
| Willis Lease Finance Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-03-25 | Active |
Filing timeline
Last 20 of 31 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-13 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-10 | AA | accounts | Accounts with accounts type full | |
| 2026-06-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-13 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-09 | SH01 | capital | Capital allotment shares | |
| 2025-12-05 | AA | accounts | Accounts with accounts type full | |
| 2025-06-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-01 | AA | accounts | Accounts with accounts type full | |
| 2024-09-30 | CH01 | officers | Change person director company with change date | |
| 2024-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-14 | AA | accounts | Accounts with accounts type full | |
| 2023-03-27 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 1
- 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.