Skip to content
CompanySight
Company No. 01548414 · Incorporated 3 Mar 1981

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
Latest accounts · year to 30 Jun 2024

Key figures

IndependentCapital-lightCash flow filed
Revenue
£17.2m
Growth ▼6.8%
Profit
£2.6m
Growth ▲11.4%
Profit margin
15.3%
Gross 34.4%
Employees
18
Change ▲5.9%
Profit / employee
£146k
Revenue/employee £955k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Jun 202330 Jun 2024
DisclosureFull P&LFull 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)1718
Ratios
Profit margin12.8%15.3%
Gross margin29.5%34.4%
Revenue per employee£1.1m£955k
Profit per employee£139k£146k
Cash conversion31.7%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
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024
Derived from the latest filing

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.
Indirect — not revenue

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.

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.