Associated Engineering Services Limited
Registered name: ASSOCIATED ENGINEERING SERVICES LIMITED
Part of A.e.s. Corporate Limited groupAssociated Engineering Services Limited made £11m revenue and £472k profit in the year to 30 Apr 2025.
Associated Engineering Services Limited’s revenue was £11m in the year to 30 Apr 2025, with £472k profit and 75 employees. The company is classified under “other business support service activities” and is based in Northampton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Northampton, East Midlands
- Age
- 43 yrs · since 1982
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £11m | £11m |
| Cost of sales | — | — | £8.6m | £7.9m |
| Gross profit | — | — | £2.4m | £3.1m |
| Operating profit | — | — | £707k | £638k |
| Profit before tax | — | — | £712k | £633k |
| Profit after tax | — | — | £533k | £472k |
| Profit (best available) | — | — | £533k | £472k |
| Staff costs | — | — | £3.8m | £4.2m |
| Employees (average) | 73 | 70 | 72 | 75 |
| Ratios | ||||
| Profit margin | — | — | 4.9% | 4.3% |
| Gross margin | — | — | 22.2% | 28.1% |
| Revenue per employee | — | — | £153k | £147k |
| Profit per employee | — | — | £7.4k | £6.3k |
| Cash conversion | — | — | −39.8% | −71.2% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲0.1% |
| Profit growth | — | — | — | ▼11.5% |
| Headcount growth | — | ▼4.1% | ▲2.9% | ▲4.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £870k | £846k | £709k | £688k |
| Net assets | £2.6m | £2.8m | £3.1m | £3.3m |
| Fixed assets | £90.8k | £66.4k | £45.6k | £33.1k |
| Current assets | £4.2m | £4.4m | £5.5m | £5.6m |
| Debtors | £300k | £312k | £296k | £2m |
| Deferred income | — | — | £233k | £226k |
| Cash from operations | — | — | −£281k | −£454k |
| Source | AbridgedAccounts · bulk data Oct 2023 | AbridgedAccounts · bulk data Oct 2023 | AbridgedAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- 28.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £147k
- Revenue ÷ average employees.
- Profit per employee
- £6.3k
- Profit ÷ average employees.
- Cash conversion
- −71.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.2%
- 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
- ▲8%
- Now £3.3m
- Cash at bank
- ▼3%
- Now £688k
- Headcount
- ▲4%
- Now 75
- Deferred income
- ▼3%
- Now £226k
- Fixed assets
- ▼27%
- Now £33.1k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- A.e.s. Corporate Limitedultimate parent75–100%
- Aes Group Holdings Limited75–100%
- Associated Engineering Services Holdings Limited75–100%
- Associated Engineering Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Aes Support Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £472k), from the Companies House accounts bulk data published Jan 2026. 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.