Aerotech, Limited
Registered name: AEROTECH, LIMITED
Aerotech, Limited made £17.2m revenue and £2.6m profit in the year to 30 Jun 2024.
Aerotech, Limited’s revenue fell 7% to £17.2m in the year to 30 Jun 2024, with £2.6m profit and 18 employees. The company is classified under “manufacture of electric motors, generators and transformers” and is based in Reading; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Reading, South East
- Age
- 45 yrs · since 1981
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £18.5m | £17.2m |
| Cost of sales | £13m | £11.3m |
| Gross profit | £5.4m | £5.9m |
| Operating profit | £2.9m | £3.5m |
| Profit before tax | £3m | £3.5m |
| Profit after tax | £2.4m | £2.6m |
| Profit (best available) | £2.4m | £2.6m |
| Staff costs | £1.6m | £1.4m |
| Employees (average) | 17 | 18 |
| Ratios | ||
| Profit margin | 12.8% | 15.3% |
| Gross margin | 29.5% | 34.4% |
| Revenue per employee | £1.1m | £955k |
| Profit per employee | £139k | £146k |
| Cash conversion | 31.7% | 64.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▼6.8% |
| Profit growth | — | ▲11.4% |
| Headcount growth | — | ▲5.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.3m | £2.9m |
| Net assets | £6m | £7m |
| Fixed assets | £1.1k | £66.1k |
| Current assets | £8.1m | £7.8m |
| Debtors | £4.2m | £3m |
| Deferred income | £299k | £214k |
| Cash from operations | £934k | £2.2m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- 15.3%
- Profit ÷ revenue.
- Gross margin
- 34.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £955k
- Revenue ÷ average employees.
- Profit per employee
- £146k
- Profit ÷ average employees.
- Cash conversion
- 64.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲17%
- Now £7m
- Cash at bank
- ▲27%
- Now £2.9m
- Headcount
- ▲6%
- Now 18
- Deferred income
- ▼28%
- Now £214k
- Fixed assets
- ▲5995%
- Now £66.1k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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- Profit
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- Staff
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- Ist Power LimitedLeicestershire · Manufacture of electric motors, generators and transformers
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- Trime (UK) LimitedHuntingdon · Manufacture of electric motors, generators and transformers
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit £2.6m), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.