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Company No. 13631334 · Incorporated 20 Sep 2021

Haeco Global Engine Support Ltd

Registered name: HAECO GLOBAL ENGINE SUPPORT LTD

Part of John Swire & Sons Limited group

Haeco Global Engine Support Ltd made £12.7m revenue and a £4.4m loss in the year to 31 Dec 2024. read from filing text

Haeco Global Engine Support Ltd’s revenue grew 34% to £12.7m in the year to 31 Dec 2024, with a loss of £4.4m and 80 employees. The company is classified under “repair and maintenance of aircraft and spacecraft” and is based in Hounslow; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33160Repair and maintenance of aircraft and spacecraft
Status
Active
Location
Hounslow, London
Age
5 yrs · since 2021
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

Revenue
£12.7m
Growth ▲34%
Profit
−£4.4m
Growth —
Profit margin
−34.8%
Gross 31.5%
Employees
80
Change ▲29%
Profit / employee
−£55.1k
Revenue/employee £158k
Profitable streak
0yrs
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 to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£7m£9.4m£12.7m
Cost of sales£6.1m£5.9m£8.7m
Gross profit£923k£3.6m£4m
Operating profit−£3m−£2m−£3.4m
Profit before tax−£3.5m−£2.5m−£4.4m
Profit after tax−£3.5m−£2.2m−£4.4m
Profit (best available)−£3.5m−£2.2m−£4.4m
Staff costs£4.6m£5.6m£7.7m
Employees (average)396280
Ratios
Profit margin−49.2%−23%−34.8%
Gross margin13.1%37.7%31.5%
Revenue per employee£181k£152k£158k
Profit per employee−£88.9k−£35k−£55.1k
Growth (year on year)
Revenue growth——▲34%
Headcount growth——▲29%
Balance sheet — indirect signals, not revenue
Cash at bank£1.3m£960k£1.8m
Net assets−£3.5m−£5.6m−£7.3m
Debtors£1.9m£2m£1.9m
SourceFullAccounts · bulk data Mar 2025FullAccounts · bulk data Mar 2025FullAccounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
−34.8%
Profit ÷ revenue.
Gross margin
31.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£158k
Revenue ÷ average employees.
Profit per employee
−£55.1k
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
14.6%
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
—
Now −£7.3m
Cash at bank
▲91%
Now £1.8m
Headcount
▲29%
Now 80
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. John Swire & Sons Limitedultimate parent50–75%
  2. Haeco Global Engine Support Ltdthis company

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

Sister companies (13)

From the Persons with Significant Control register (corporate controllers only).

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 −£4.4m), from the Companies House accounts bulk data published Feb 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.