Exeter Aerospace Limited
Registered name: EXETER AEROSPACE LIMITED
Exeter Aerospace Limited made £29.8m revenue and £2.4m profit in the year to 31 Dec 2025.
Exeter Aerospace Limited’s revenue was £29.8m in the year to 31 Dec 2025, with £2.4m profit and 135 employees. The company is classified under “repair and maintenance of aircraft and spacecraft” and is based in Exeter; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Exeter, South West
- Age
- 6 yrs · since 2019
- 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. From the filing: “Dublin Aerospace Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £20.1m | £29.8m |
| Cost of sales | £13.3m | £21m |
| Gross profit | £6.8m | £8.8m |
| Operating profit | £2.7m | £3.2m |
| Profit before tax | £2.7m | £3.2m |
| Profit after tax | £2m | £2.4m |
| Profit (best available) | £2m | £2.4m |
| Staff costs | £5.6m | £8.6m |
| Employees (average) | 111 | 135 |
| Ratios | ||
| Profit margin | 10.1% | 8% |
| Gross margin | 33.6% | 29.6% |
| Revenue per employee | £181k | £221k |
| Profit per employee | £18.2k | £17.6k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.8m | £976k |
| Net assets | £2.5m | £4.9m |
| Fixed assets | £507k | £611k |
| Current assets | £8.2m | £10.5m |
| Debtors | £1.5m | £1.2m |
| Deferred income | £863k | £2.1m |
| Source | FullAccounts · bulk data Aug 2026 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 8%
- Profit ÷ revenue.
- Gross margin
- 29.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £221k
- Revenue ÷ average employees.
- Profit per employee
- £17.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.1%
- 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
- —
- Now £4.9m
- Cash at bank
- —
- Now £976k
- Headcount
- —
- Now 135
- Deferred income
- —
- Now £2.1m
- Fixed assets
- —
- Now £611k
Similar profitable businesses
- Aircraft Engineering Services LimitedStansted · Repair and maintenance of aircraft and spacecraft
- Revenue
- £43.2m
- Profit
- £438k
- Staff
- 502
- British Airways Engineering Wales LimitedHarmondsworth · Repair and maintenance of aircraft and spacecraft
- Revenue
- £50.7m
- Profit
- £839k
- Staff
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- Castle Air LimitedLiskeard · Repair and maintenance of aircraft and spacecraft
- Revenue
- £53.6m
- Profit
- £1.6m
- Staff
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- Kearsley Airways LimitedStansted · Repair and maintenance of aircraft and spacecraft
- Revenue
- £14.9m
- Profit
- £518k
- Staff
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- Avocet Aviation LimitedSouthend on Sea · Repair and maintenance of aircraft and spacecraft
- Revenue
- £11.2m
- Profit
- £920k
- Staff
- 15
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.4m), from the Companies House accounts bulk data published Aug 2026. 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.