How much does European Aviation Limited make?

European Aviation Limited reported revenue of £14.6m and £17.2m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does European Aviation Limited have?

European Aviation Limited reported an average of 39 employees in the year to 31 Dec 2024.

Is European Aviation Limited profitable?

Yes — European Aviation Limited reported a profit of £17.2m in the year to 31 Dec 2024.

Company No. 02496662 · Incorporated 27 Apr 1990

European Aviation Limited

Registered name: EUROPEAN AVIATION LIMITED

European Aviation Limited made £14.6m revenue and £17.2m profit in the year to 31 Dec 2024.

European Aviation Limited’s revenue fell 74% to £14.6m in the year to 31 Dec 2024, with £17.2m profit and 39 employees. The company is classified under “repair and maintenance of aircraft and spacecraft” and is based in Brierley Hill; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33160Repair and maintenance of aircraft and spacecraft SIC 51102Non-scheduled passenger air transport SIC 52102Operation of warehousing and storage facilities for air transport activities SIC 52230Service activities incidental to air transportation

Status: Active
Location: Brierley Hill, West Midlands
Age: 36 yrs · since 1990
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCash flow filed

Revenue

£14.6m

Growth ▼74.5%

Profit

£17.2m

Growth ▲245.7%

Profit margin

117.5%

Gross 46.7%

Employees

Change ▼70.5%

Profit / employee

£440k

Revenue/employee £374k

Profitable streak

3yrs

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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)	£42.7m	£57.2m	£14.6m
Cost of sales	£54.1m	£60.3m	£7.8m
Gross profit	−£11.4m	−£3.1m	£6.8m
Operating profit	−£27.4m	−£17.9m	£5m
Profit before tax	−£30.1m	−£25.1m	£17.2m
Profit after tax	£13.9m	£5m	£17.2m
Profit (best available)	£13.9m	£5m	£17.2m
Staff costs	£6.4m	£7.4m	£1m
Employees (average)	128	132	39
Ratios
Profit margin	32.6%	8.7%	117.5%
Gross margin	−26.7%	−5.3%	46.7%
Revenue per employee	£333k	£433k	£374k
Profit per employee	£109k	£37.6k	£440k
Cash conversion	—	—	15.8%
Growth (year on year)
Revenue growth	—	▲34.1%	▼74.5%
Profit growth	—	▼64.4%	▲245.7%
Headcount growth	—	▲3.1%	▼70.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£5.7m	£43.9m
Net assets	£58.9m	£63.8m	£81m
Fixed assets	£22.6m	£28m	£12m
Current assets	£49.8m	£41.4m	£75.1m
Debtors	£48.7k	£212k	£420k
Cash from operations	£38.7m	£17.5m	£789k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 117.5%; Profit ÷ revenue.
Gross margin: 46.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £374k; Revenue ÷ average employees.
Profit per employee: £440k; Profit ÷ average employees.
Cash conversion: 15.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 82.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.9%; 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: ▲27%; Now £81m
Cash at bank: ▲664%; Now £43.9m
Headcount: ▼70%; Now 39
Deferred income: —; Now —
Fixed assets: ▼57%; Now £12m

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £17.2m), from the Companies House accounts bulk data published Sep 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.