How much does British Airways Engineering Wales Limited make?

British Airways Engineering Wales Limited reported revenue of £50.7m and £839k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does British Airways Engineering Wales Limited have?

British Airways Engineering Wales Limited reported an average of 448 employees in the year to 31 Dec 2024.

Is British Airways Engineering Wales Limited profitable?

Yes — British Airways Engineering Wales Limited reported a profit of £839k in the year to 31 Dec 2024.

Company No. 02204178 · Incorporated 10 Dec 1987

British Airways Engineering Wales Limited

Registered name: BRITISH AIRWAYS ENGINEERING WALES LIMITED

Part of The Law Debenture Corporation P.L.C. group

British Airways Engineering Wales Limited made £50.7m revenue and £839k profit in the year to 31 Dec 2024.

British Airways Engineering Wales Limited’s revenue grew 49% to £50.7m in the year to 31 Dec 2024, with £839k profit and 448 employees. The company is classified under “repair and maintenance of aircraft and spacecraft” and is based in Harmondsworth; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33160Repair and maintenance of aircraft and spacecraft

Status: Active
Location: Harmondsworth, London
Age: 38 yrs · since 1987
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.

Latest accounts · year to 31 Dec 2024

Key figures

Operating leverage

Revenue

£50.7m

Growth ▲48.8%

Profit

£839k

Growth ▲241.1%

Profit margin

1.7%

Gross 23.5%

Employees

448

Change ▲5.4%

Profit / employee

£1.9k

Revenue/employee £113k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£32.6m	£34.1m	£50.7m
Cost of sales	−£28.5m	−£34.4m	−£38.8m
Gross profit	£4.1m	−£299k	£11.9m
Operating profit	−£2.6m	−£5.6m	£2.6m
Profit before tax	−£2.9m	−£6.5m	£1.3m
Profit after tax	−£5.5m	£246k	£839k
Profit (best available)	−£5.5m	£246k	£839k
Employees (average)	393	425	448
Ratios
Profit margin	−16.9%	0.7%	1.7%
Gross margin	12.7%	−0.9%	23.5%
Revenue per employee	£82.9k	£80.2k	£113k
Profit per employee	−£14k	£579	£1.9k
Growth (year on year)
Revenue growth	—	▲4.6%	▲48.8%
Profit growth	—	—	▲241.1%
Headcount growth	—	▲8.1%	▲5.4%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Nov 2024	Accounts · bulk data Nov 2024	Accounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 23.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £113k; Revenue ÷ average employees.
Profit per employee: £1.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: ▲5%; Now 448
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

The Law Debenture Corporation P.L.C.ultimate parent75–100%
LDC (NCS) Limited75–100%
British Airways PLC75–100%
British Airways Engineering Wales Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (24)

Avios Group (Agl) LimitedRev. £1.7bn · Profit £280m
Airways Pension Scheme Trustee LimitedFigures not disclosed
Ba and Aa Holdings LimitedFigures not disclosed
Ba Cityflyer LimitedFigures not disclosed
Ba Euroflyer LimitedFigures not disclosed
Ba European LimitedFigures not disclosed
Ba Excepted Group Life Scheme LimitedFigures not disclosed
Ba Healthcare Trust LimitedFigures not disclosed
Ba Holdco LimitedFigures not disclosed
Ba Number One LimitedFigures not disclosed
Bealine LimitedFigures not disclosed
Britair Holdings LimitedFigures not disclosed
British Airways (Ba) LimitedFigures not disclosed
British Airways 777 Leasing LimitedFigures not disclosed
British Airways Associated Companies LimitedFigures not disclosed
British Airways Avionic Engineering LimitedFigures not disclosed
British Airways Engineering Gatwick LimitedFigures not disclosed
British Airways Interior Engineering LimitedFigures not disclosed
British Airways Leasing LimitedFigures not disclosed
British Airways Pension Trustee (No. 2) LimitedFigures not disclosed
British Airways Pension Trustees LimitedFigures not disclosed
British Midland LimitedFigures not disclosed
Gatwick Ground Services LimitedFigures not disclosed
New Airways Pension Scheme Trustee LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2024 (profit £839k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.