Castle Air Limited
Registered name: CASTLE AIR LIMITED
Castle Air Limited made £53.6m revenue and £1.6m profit in the year to 30 Nov 2025.
Castle Air Limited’s revenue grew 57% to £53.6m in the year to 30 Nov 2025, with £1.6m profit and 120 employees. The company is classified under “repair and maintenance of aircraft and spacecraft” and is based in Liskeard; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Liskeard, South West
- Age
- 30 yrs · since 1996
- 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 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £52.2m | £34.2m | £53.6m |
| Cost of sales | £43m | £25.7m | −£44.9m |
| Gross profit | £9.2m | £8.5m | £8.8m |
| Operating profit | £5.1m | £3.6m | £3.1m |
| Profit before tax | £3.7m | £2.4m | £2.1m |
| Profit after tax | £3m | £2m | £1.6m |
| Profit (best available) | £3m | £2m | £1.6m |
| Staff costs | £6.2m | £6.8m | — |
| Employees (average) | 101 | 111 | 120 |
| Ratios | |||
| Profit margin | 5.7% | 5.9% | 2.9% |
| Gross margin | 17.7% | 24.9% | 16.4% |
| Revenue per employee | £517k | £308k | £447k |
| Profit per employee | £29.7k | £18.4k | £13.2k |
| Cash conversion | 146.4% | −37.6% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼34.4% | ▲56.7% |
| Profit growth | — | ▼32% | ▼22.5% |
| Headcount growth | — | ▲9.9% | ▲8.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £7.9m | £2.4m | — |
| Net assets | £13m | £14.5m | — |
| Fixed assets | £6m | £6.1m | — |
| Current assets | £39.2m | £38.8m | — |
| Debtors | £6.7m | £7.5m | — |
| Cash from operations | £7.4m | −£1.3m | — |
| Source | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 2.9%
- Profit ÷ revenue.
- Gross margin
- 16.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £447k
- Revenue ÷ average employees.
- Profit per employee
- £13.2k
- 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.
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
- ▲8%
- Now 120
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (4)
- All Heli Parts LimitedFigures not disclosed
- All Heli Spares LimitedFigures not disclosed
- Castle Air Aviation Parts LimitedFigures not disclosed
- Mro Logistics LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- British Airways Engineering Wales LimitedHarmondsworth · Repair and maintenance of aircraft and spacecraft
- Revenue
- £50.7m
- Profit
- £839k
- Staff
- 448
- Aircraft Engineering Services LimitedStansted · Repair and maintenance of aircraft and spacecraft
- Revenue
- £43.2m
- Profit
- £438k
- Staff
- 502
- Exeter Aerospace LimitedExeter · Repair and maintenance of aircraft and spacecraft
- Revenue
- £29.8m
- Profit
- £2.4m
- Staff
- 135
Sources
Latest figures from accounts for the year to 30 Nov 2025 (profit £1.6m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 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.