How much does Sam Aerospace (Ni) Limited make?

Sam Aerospace (Ni) Limited reported revenue of £10.3m and a loss of £2.8m in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Sam Aerospace (Ni) Limited have?

Sam Aerospace (Ni) Limited reported an average of 95 employees in the year to 31 Mar 2024.

Is Sam Aerospace (Ni) Limited profitable?

No — Sam Aerospace (Ni) Limited reported a loss of £2.8m in the year to 31 Mar 2024.

Company No. NI026244 · Incorporated 21 Jan 1992

Sam Aerospace (Ni) Limited

Registered name: SAM AEROSPACE (NI) LIMITED

Sam Aerospace (Ni) Limited made £10.3m revenue and a £2.8m loss in the year to 31 Mar 2024. read from filing text

Sam Aerospace (Ni) Limited’s revenue fell 17% to £10.3m in the year to 31 Mar 2024, with a loss of £2.8m and 95 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Belfast; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Belfast, Northern Ireland
Age: 34 yrs · since 1992
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: “The immediate parent company of”

Latest accounts · year to 31 Mar 2024

Key figures

Revenue

£10.3m

Growth ▼16.7%

Profit

−£2.8m

Growth —

Profit margin

−27.2%

Gross −15.9%

Employees

Change ▼9.5%

Profit / employee

−£29.5k

Revenue/employee £109k

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£6.9m	£12.4m	£10.3m
Cost of sales	£8.6m	£13.5m	£11.9m
Gross profit	−£1.7m	−£1.2m	−£1.6m
Operating profit	−£2.5m	−£1.8m	−£1.5m
Profit before tax	−£2.6m	−£2.3m	−£2.7m
Profit after tax	−£2.6m	−£2.3m	−£2.8m
Profit (best available)	−£2.6m	−£2.3m	−£2.8m
Staff costs	£2.6m	£3.8m	—
Employees (average)	86	105	95
Ratios
Profit margin	−36.9%	−18.4%	−27.2%
Gross margin	−24.3%	−9.4%	−15.9%
Revenue per employee	£80.4k	£118k	£109k
Profit per employee	−£29.7k	−£21.6k	−£29.5k
Growth (year on year)
Revenue growth	—	▲79%	▼16.7%
Headcount growth	—	▲22.1%	▼9.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£208k	£528k	£795k
Net assets	£2.4m	£148k	−£2.7m
Fixed assets	£12.3m	£13.6m	£13.6m
Current assets	£5.4m	£10m	£13.4m
Debtors	£2.3m	£4.2m	£2.4m
Deferred income	£290k	£228k	£180k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: −27.2%; Profit ÷ revenue.
Gross margin: −15.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £109k; Revenue ÷ average employees.
Profit per employee: −£29.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 131.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 23.3%; 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: ▼1915%; Now −£2.7m
Cash at bank: ▲51%; Now £795k
Headcount: ▼10%; Now 95
Deferred income: ▼21%; Now £180k
Fixed assets: ▼0%; Now £13.6m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£2.8m), from the Companies House accounts bulk data published Mar 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.