Cranfield Aerospace Solutions Limited
Registered name: CRANFIELD AEROSPACE SOLUTIONS LIMITED
Cranfield Aerospace Solutions Limited made £1.9m revenue and a £4.3m loss in the year to 30 Sep 2024.
Cranfield Aerospace Solutions Limited’s revenue fell 12% to £1.9m in the year to 30 Sep 2024, with a loss of £4.3m and 82 employees. The company is classified under “manufacture of air and spacecraft and related machinery” and is based in Cranfield; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Cranfield, South East
- Age
- 37 yrs · since 1989
- 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 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.2m | £2.2m | £1.9m |
| Cost of sales | £2.4m | £2m | £1.5m |
| Gross profit | £732k | £145k | £423k |
| Operating profit | −£2.6m | −£4.1m | −£3.9m |
| Profit before tax | −£2.7m | −£4.4m | −£5.1m |
| Profit after tax | −£2.3m | −£4.3m | −£4.3m |
| Profit (best available) | −£2.3m | −£4.3m | −£4.3m |
| Staff costs | £2.5m | £2.1m | £3m |
| Employees (average) | 83 | 97 | 82 |
| Ratios | |||
| Profit margin | −72.2% | −194.6% | −224.5% |
| Gross margin | 23.2% | 6.6% | 21.9% |
| Revenue per employee | £38k | £22.6k | £23.6k |
| Profit per employee | −£27.4k | −£44k | −£52.9k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼11.7% |
| Headcount growth | — | — | ▼15.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5m | £2.6m | £431k |
| Net assets | £9.4m | £9.4m | £5.7m |
| Fixed assets | £3.9m | £13.5m | £15.3m |
| Current assets | £7.6m | £5.4m | £3.4m |
| Debtors | £236k | £542k | £214k |
| Deferred income | £279k | £650k | £477k |
| Cash from operations | £3.2m | £681k | £3m |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- −224.5%
- Profit ÷ revenue.
- Gross margin
- 21.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £23.6k
- Revenue ÷ average employees.
- Profit per employee
- −£52.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 792.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 24.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.1%
- 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
- ▼39%
- Now £5.7m
- Cash at bank
- ▼83%
- Now £431k
- Headcount
- ▼15%
- Now 82
- Deferred income
- ▼27%
- Now £477k
- Fixed assets
- ▲13%
- Now £15.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Axsim LimitedFigures not disclosed
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Hyde Details (Fabrications and Welding) LimitedStalybridge · Manufacture of air and spacecraft and related machinery
- Revenue
- £2.6m
- Profit
- £138k
- Staff
- 18
- Hyde Precision Components LimitedStalybridge · Manufacture of air and spacecraft and related machinery
- Revenue
- £4.1m
- Profit
- £204k
- Staff
- 20
- Ap Filtration LimitedCheltenham · Manufacture of air and spacecraft and related machinery
- Revenue
- £4.1m
- Profit
- £1.1m
- Staff
- 27
- Caledonian Airborne Systems LimitedLondon · Manufacture of air and spacecraft and related machinery
- Revenue
- £713k
- Profit
- £2k
- Staff
- 10
- Victoria Production Engineering LimitedStalybridge · Manufacture of air and spacecraft and related machinery
- Revenue
- £5.4m
- Profit
- £241k
- Staff
- 25
Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit −£4.3m), from the Companies House accounts bulk data published Jun 2025. 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.