How much does Xcel Aerospace Limited make?

Xcel Aerospace Limited reported revenue of £8.3m and £894k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Xcel Aerospace Limited have?

Xcel Aerospace Limited reported an average of 57 employees in the year to 31 Dec 2024.

Is Xcel Aerospace Limited profitable?

Yes — Xcel Aerospace Limited reported a profit of £894k in the year to 31 Dec 2024.

Company No. 07680845 · Incorporated 23 Jun 2011

Xcel Aerospace Limited

Registered name: XCEL AEROSPACE LIMITED

Part of Captiva Venture Partners Limited group

Xcel Aerospace Limited made £8.3m revenue and £894k profit in the year to 31 Dec 2024.

Xcel Aerospace Limited’s revenue grew 27% to £8.3m in the year to 31 Dec 2024, with £894k profit and 57 employees. The company is classified under “manufacture of air and spacecraft and related machinery” and is based in Romford; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 30300Manufacture of air and spacecraft and related machinery

Status: Active
Location: Romford, London
Age: 15 yrs · since 2011
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 leverageDoing more with less

Revenue

£8.3m

Growth ▲27.3%

Profit

£894k

Growth ▲38%

Profit margin

10.8%

Gross 51.2%

Employees

Change ▼3.4%

Profit / employee

£15.7k

Revenue/employee £146k

Profitable streak

3yrs

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)	£5.5m	£6.5m	£8.3m
Cost of sales	£2.7m	£3.1m	£4.1m
Gross profit	£2.8m	£3.4m	£4.3m
Operating profit	£513k	£710k	£1.4m
Profit before tax	£455k	£712k	£1.3m
Profit after tax	£455k	£648k	£894k
Profit (best available)	£455k	£648k	£894k
Staff costs	£2.3m	£2.5m	£2.7m
Employees (average)	59	59	57
Ratios
Profit margin	8.3%	9.9%	10.8%
Gross margin	51.3%	52.7%	51.2%
Revenue per employee	£92.5k	£111k	£146k
Profit per employee	£7.7k	£11k	£15.7k
Growth (year on year)
Revenue growth	—	▲19.8%	▲27.3%
Profit growth	—	▲42.3%	▲38%
Headcount growth	—	0%	▼3.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£125k	£60.7k	£912k
Net assets	£3m	£3.7m	£4.6m
Fixed assets	£1m	£1.4m	£1.7m
Current assets	£3.6m	£5m	£5.6m
Debtors	£742k	£1.4m	£1.3m
Deferred income	£194k	£385k	£522k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 10.8%; Profit ÷ revenue.
Gross margin: 51.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £146k; Revenue ÷ average employees.
Profit per employee: £15.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.9%; 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: ▲26%; Now £4.6m
Cash at bank: ▲1401%; Now £912k
Headcount: ▼3%; Now 57
Deferred income: ▲35%; Now £522k
Fixed assets: ▲27%; Now £1.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Captiva Venture Partners Limitedultimate parent75–100%
Xcel Aerospace Topco Limited75–100%
Xcel Aerospace Limitedthis company

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

Subsidiaries (2)

Alma Engineering Xcel LimitedFigures not disclosed
Xcel Aerospace Investments 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 FullAccounts for the year to 31 Dec 2024 (profit £894k), 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.