GE AIRCRAFT ENGINE SERVICES LIMITED

CAERPHILLY ROAD, NANTGARW, CARDIFF, CF15 7YJ

Previous name: SG AIRCRAFT ENGINE SERVICES LTD (changed on 08-Jul-2008)
Previous name: GE AIRCRAFT ENGINE SERVICES LIMITED (changed on 02-Jul-2008)

Company Number: 02605713
Incorporation date: 29-Apr-1991
Status: Active
Entity type: Private Limited Company

SIC codes:
30300 Manufacture of air and spacecraft and related machinery





SUMMARY

This company is 32.9 years old and is currently active. It is controlled by Ge Uk Group. The company has positive equity (net assets) of USD 102.5 thousand which has decreased from the previous year's figure of USD 854.8 million. The latest reported revenue figure is USD 2.4 billion which is down -20% on the previous year. The company has 4 active officers (directors or partners) who are or were officers of 9 other companies, 1 (11.1%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 USD 2,352,972,000 162,143,000 10,139,000 5,829,000 266,453,000
31-Dec-2018 USD 2,848,328,000 192,450,000 3,829,000 4,384,000 191,895,000
31-Dec-2017 USD 3,216,001,000 193,581,000 3,802,000 10,841,000 186,542,000
31-Dec-2016 USD 169,441,000
31-Dec-2015 USD 158,943,000
31-Dec-2014 USD 2,931,479,000 165,125,000 38,000 7,842,000 157,321,000
31-Dec-2013 USD 2,619,088,000 121,121,000 215,000 8,195,000 18,020,000 132,502,000
31-Dec-2012 GBP 1,443,807,000 50,749,000 126,000 6,347,000 15,270,000 64,410,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 USD 1,151,301,000 233,689,000 1,098,000 161,340,000 26,984,000 828,348,000 102,500
31-Dec-2018 USD 998,417,000 231,233,000 161,340,000 26,984,000 661,895,000 854,803,000
31-Dec-2017 USD 39,000 901,867,000 345,213,000 4,785,000 161,340,000 26,984,000 448,031,000
31-Dec-2016 USD 1,287,992,000 414,370,000 9,371,000 161,340,000 26,984,000 761,489,000 953,960,000
31-Dec-2015 USD 1,036,363,000 336,906,000 3,909,000 161,340,000 26,984,000 592,048,000 784,905,000
31-Dec-2014 USD 2,030,000 955,801,000 416,885,000 161,340,000 26,984,000 436,603,000 629,826,000
31-Dec-2013 USD 9,263,000 601,985,000 225,781,000 26,470,000 336,037,000 26,984,000 78,245,000 446,125,000
31-Dec-2012 GBP 412,139,000 164,925,000 18,489,000 208,279,000 16,210,000 64,698,000 289,642,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2014 USD -108.28% -174,697,000 336,037,000 161,340,000 256,277,000
31-Dec-2013 USD 38.02% 138,532,000 225,843,442 364,375,442 312,957,442
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Tristan Keith CHUBB 19 Jan 2016 29 Mar 2024 1 - 0
Resigned William Breck WEIGEL 08 Jul 2014 19 Jan 2016 0 - 1
Active OAKWOOD CORPORATE SECRETARY LIMITED 01 Dec 2009 29 Mar 2024 1405 - 1245
Resigned Bruce Alastair MCALISTER 26 Sep 2001 08 Jul 2014 1 - 17
Resigned Paul ELION 05 Nov 1999 01 Nov 2000 0 - 3
Resigned Stephen Paul HENDERSON 30 Jul 1998 10 Jul 2012 Secretary Usa 0 - 8
Resigned Elizabeth A STAUTBERG 31 Oct 1997 09 Oct 1998 0 - 1
Resigned MAWLAW SECRETARIES LIMITED 20 Jan 1997 17 Nov 2009 1 - 1202
Resigned Stephen Paul HENDERSON 10 Jul 2012 0 - 8

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Brandon WAGNER 21 Jul 2023 None American 2 - 00 (0.0%)
Active Stephanie Lauren THOMAS 11 May 2023 Finance Leader British 3 - 00 (0.0%)
Active Nicholas BLAKENEY 10 May 2018 Managing Director British 3 - 62 (22.2%)
Active Mark David TERRIBILINI 20 Apr 2018 Ge Finance American 2 - 00 (0.0%)
Resigned Maria Louise DEACON 12 Dec 2016 16 Dec 2022 General Manager American 0 - 20 (0.0%)
Resigned Antonio PROVINI 15 Mar 2016 11 May 2023 Site Finance Leader British 0 - 50 (0.0%)
Resigned La-Chun LINDSAY 09 Apr 2015 20 Apr 2018 Site Leader, Ge Aviation Wales American 0 - 40 (0.0%)
Resigned Michael Anthony PATTON 10 Jul 2012 09 Apr 2015 General Manager Us Citizen 0 - 20 (0.0%)
Resigned Barnaby James BRAND 01 Dec 2011 25 Jun 2015 Accountant British 1 - 31 (25.0%)
Resigned Anthony Joseph AIELLO 30 Jun 2011 12 Dec 2016 Company Director United States Citizen 0 - 20 (0.0%)
Resigned Adrian BUTTON 18 Nov 2009 10 Jul 2012 Director British 0 - 20 (0.0%)
Resigned James Thomas BECK 18 Nov 2009 31 Jan 2018 Director American 0 - 10 (0.0%)
Resigned Leighton Wynne DAVIES 24 Jul 2008 30 Oct 2011 Financial Director British 0 - 2311 (47.8%)
Resigned Alan John KELLY 05 Dec 2005 18 Nov 2009 Director British 0 - 30 (0.0%)
Resigned Marcelo Luiz Da Silva SOARES 05 Dec 2005 01 Oct 2006 Company Director Brazilian 0 - 10 (0.0%)
Resigned Richard Harold KRAATZ 13 Jan 2005 18 Nov 2009 Director American 0 - 20 (0.0%)
Resigned William Augustus FITZGERALD 23 Jan 2004 30 Jun 2011 Company Director American 0 - 40 (0.0%)
Resigned Marco Renato Bruno PAPARONI 23 Jan 2004 24 Jul 2008 Director Italian 0 - 32 (66.7%)
Resigned Shane FITZSIMONS 02 Jun 2003 05 Mar 2004 Director Irish 0 - 31 (33.3%)
Resigned Karl Stephen FESSENDEN 02 Jun 2003 05 Dec 2005 Director American 0 - 20 (0.0%)
Resigned William Hall MCGIBBON 28 Oct 2002 23 Jan 2004 Director British 0 - 42 (50.0%)
Resigned John Everell MACAULEY 25 Sep 2001 02 Jun 2003 Managing Director American 0 - 20 (0.0%)
Resigned Ronald Benson CROWELL 18 Oct 2000 28 Oct 2002 Cfo American 0 - 32 (66.7%)
Resigned Scott Allen ERNEST 09 Oct 2000 23 Jan 2004 General Manager American 0 - 10 (0.0%)
Resigned William Augustus FITZGERALD 16 Feb 2000 25 Sep 2001 President And Md American 0 - 10 (0.0%)
Resigned Kary Bernard WRIGHT 21 Oct 1998 16 Feb 2000 Managing Director Geaes Ltd American 0 - 20 (0.0%)
Resigned Michael Christopher POMEROY 26 Mar 1998 01 Sep 2000 Finance Director American 0 - 42 (50.0%)
Resigned Theodore H. TORBECK 26 Mar 1998 18 Oct 2000 Vice President Usa 0 - 20 (0.0%)
Resigned Clifford Peter Maurice SAWARD 20 Jan 1997 28 Oct 2002 Director Eng/Quality British 0 - 51 (20.0%)
Resigned William John VARESCHI 25 Jan 1996 26 Mar 1998 Vice President General Electri Usa 0 - 10 (0.0%)
Resigned Thomas August BRISKEN 24 May 1995 25 Jan 1996 General Manager American 0 - 10 (0.0%)
Resigned William Richard AUGAT 18 Jul 1994 01 Jan 1998 Financial Director Usa 0 - 41 (25.0%)
Resigned William Allen BAILEY III 28 Oct 1992 24 May 1995 Department General Manageranager Usa 0 - 10 (0.0%)
Resigned George Donald DUNCANSON 06 Feb 1992 21 Sep 2006 Managing Director British 0 - 62 (33.3%)
Resigned Clifford Peter Maurice SAWARD 20 Jan 1997 Engineer British 0 - 51 (20.0%)
Resigned Stephen Paul HENDERSON 29 Apr 1993 Secretary Usa 0 - 82 (25.0%)
Resigned Richard John PAPER 04 Sep 1992 Engineer Usa 0 - 10 (0.0%)
Resigned John V ABBOTT 28 Apr 1994 Finance Manager Usa 0 - 10 (0.0%)
Resigned George Donald DUNCANSON 29 Apr 1993 Managing Director British 0 - 62 (33.3%)
Resigned Dennis Richard LITTLER 17 Jun 1992 Engineer Usa 0 - 10 (0.0%)
Resigned James Arnold BARRETT 31 Mar 2000 Director Of Business Development British 1 - 81 (11.1%)
Resigned Robert D JOANSON 28 Oct 1992 Usa 0 - 10 (0.0%)
Resigned Linwood Daniel LEWIS JR 08 Jan 1993 Engineer Usa 0 - 10 (0.0%)
Resigned Herman David OVERBEEKE 31 Oct 1997 Finance Manager Canadian 0 - 20 (0.0%)
Number of active directors: 4
Average tenure of active directors: 3.4 years
Average tenure of resigned directors: 2.8 years
Average active director Dissolution Rate: 5.6%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
CRANE STOCKHAM VALVE LIMITED (00549383) - Active - Proposal to Strike off
TRIANGLE VALVE CO. LIMITED (01706070) - Active - Proposal to Strike off
GE AIRCRAFT ENGINE SERVICES LIMITED (02605713) - Active
NORDAM EUROPE LIMITED (03223042) - Active
METTIS AEROSPACE LIMITED (03292360) - Active
OLIVER CRISPIN ROBOTICS LIMITED (03439926) - Active
METTIS GROUP LIMITED (03657564) - Active
CRANE PENSION TRUSTEE COMPANY (UK) LIMITED (07435150) - Active
OCROBOTICS LIMITED (09678950) - Active
GE CALEDONIAN LIMITED (SC064580) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-04-292015-04-292014-04-292013-04-292012-04-29
GE UK GROUPORDINARY100,000,000
100%
100,000,000
100%
208,278,638
92.1%
208,278,638
92.1%
208,278,638
92.1%
GE UK GROUPPREFERRED REDEEMABLE0
0%
0
0%
17,894,943
7.91%
17,894,943
7.91%
17,894,943
7.91%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2020-09-222019-09-222018-09-222017-09-222016-06-03
GE AIRCRAFT ENGINE SERVICES LIMITEDORDINARY7,114,417
100%
10,291
100%
3,568,884
100%
2,360,250
100%
0
0%
GE AIRCRAFT ENGINE SERVICES LIMITEDB ORDINARY0
0%
0
0%
0
0%
0
0%
2,425,611
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

GE AIRCRAFT ENGINE SERVICES LIMITED

Controlled companies below

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-07-01 2023-12-31 58 51% 31% 81757
2023-01-01 2023-06-30 61 38% 26% 73834
2022-07-01 2022-12-31 59 53% 38% 67220
2022-01-01 2022-06-30 50 33% 39% 60059
2021-07-01 2021-12-31 48 31% 23% 55954
2021-01-01 2021-06-30 58 27% 40% 49150
2020-07-01 2020-12-31 46 28% 23% 41869
2020-01-01 2020-06-30 46 36% 48% 35245
2019-07-01 2019-12-31 42 33% 50% 28618
2019-01-01 2019-06-30 27 13% 34% 18906
2018-07-01 2018-12-31 24 5% 38% 11790
2018-01-01 2018-06-30 28 8% 29% 3917


COURT CASES


Date Title Reference Subject
2017-01-05 Mr S Curtis & Others v GE Aircraft Engine Services Ltd [2017] UKET 1601887/2015 Unlawful Deduction from Wages

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 30300 Manufacture of air and spacecraft and related machinery)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
BAE SYSTEMS (OPERATIONS) LIMITED VICTORY POINT, LYON WAY, FRIMLEY, CAMBERLEY, SURREY, ENGLAND, GU16 7EX 01996687 2017-12-31 6,501,000,000 435,000,000 84220-Defence activities
AIRBUS OPERATIONS LIMITED PEGASUS HOUSE AEROSPACE AVENUE, FILTON, BRISTOL, BS34 7PA 03468788 2017-12-31 5,254,000,000 486,000,000
GE AIRCRAFT ENGINE SERVICES LIMITED CAERPHILLY ROAD, NANTGARW, CARDIFF, CF15 7YJ 02605713 2017-12-31 3,216,001,000 186,542,000
GKN AEROSPACE SERVICES LIMITED 11TH FLOOR THE COLMORE BUILDING, COLMORE CIRCUS QUEENSWAY, BIRMINGHAM, UNITED KINGDOM, B4 6AT 00355922 2017-12-31 800,399,000 175,727,000
SAFRAN LANDING SYSTEMS UK LTD CHELTENHAM ROAD EAST, GLOUCESTER, GLOUCESTERSHIRE, GL2 9QH 03548809 2017-12-31 793,876,000 81,102,000
SAFRAN NACELLES LIMITED BANCROFT ROAD, BURNLEY, LANCASHIRE, BB10 2TQ 02344610 2017-12-31 173,022,000 2,369,000
SAFRAN ELECTRICAL & POWER UK LTD PITSTONE GREEN BUSINESS PARK WESTFIELD ROAD, PITSTONE, LEIGHTON BUZZARD, ENGLAND, LU7 9GT 08292872 2017-12-31 124,738,000 -8,400,000
SAFRAN HELICOPTER ENGINES UK LIMITED CONCORDE WAY, SEGENSWORTH NORTH, FAREHAM, ENGLAND, PO15 5RL 01148466 2017-12-31 107,313,000 5,634,000 33160-Repair and maintenance of aircraft and spacecraft
IPECO HOLDINGS LIMITED AVIATION WAY, SOUTHEND ON SEA, ESSEX, SS2 6UN 00672443 2017-12-31 88,249,000 30,654,000
ONTIC ENGINEERING & MANUFACTURING UK LIMITED CLEEVE BUSINESS PARK, BISHOPS CLEEVE, CHELTENHAM, GLOUCESTERSHIRE, UNITED KINGDOM, GL52 8TW 06707516 2017-12-31 69,112,843 9,747,739
AIM ALTITUDE UK LIMITED 11TH FLOOR LANDMARK ST PETERS SQUARE, 1 OXFORD STREET, MANCHESTER, M1 4PB 01004276 2017-12-31 60,112,000 1,850,000
BULWELL PRECISION ENGINEERS LIMITED NASMYTH GROUP LIMITED, NASMYTH BUILDING COVENTRY ROAD, EXHALL, COVENTRY, CV7 9FT 00568879 2018-01-31 34,033,000 2,530,000
SILCOMS LIMITED PIGGOTT STREET, FARNWORTH, BOLTON, BL4 9QN 00350911 2018-03-31 19,212,061 0
MJH SERVICES (COTSWOLDS) LIMITED 2 STRATTON HEIGHTS, CIRENCESTER, GLOUCESTERSHIRE, GL7 2RH 04967945 2018-11-30 166,107 0
P BINNS ENGINEERING LTD 46 CANADA DRIVE, COTTINGHAM, NORTH HUMBERSIDE, HU16 5EJ 08229644 2018-09-30 72,480 0
TZY LIMITED 49 THE MOORINGS, COVENTRY, ENGLAND, CV1 4LR 08105457 2019-07-31 71,888 0
MARK KILN ENGINEERING LIMITED 2 THE PRECINCT, REST BAY, PORTHCAWL, MID GLAMORGAN, CF36 3RF 07746862 2017-08-31 70,730 0
ELSEB DESIGN LTD 3RD FLOOR, 207 REGENT STREET, LONDON, W1B 3HH 07935879 2018-02-28 63,888 0
ANR DESIGN LIMITED 3RD FLOOR, 207 REGENT STREET, LONDON, W1B 3HH 07700491 2018-07-31 61,455 0
ROTARU SYSTEMS LTD 3RD FLOOR, 207 REGENT STREET, LONDON, W1B 3HH 07784466 2018-09-30 58,760 0
ADEPTECH LTD 2 BRETTON HALL OFFICES, CHESTER ROAD, BRETTON, CHESTER, ENGLAND, CH4 0DF 09420975 2018-02-28 48,363 0
KIM & NIKKI ALVARIO LIMITED 123 FURTHERWICK ROAD, CANVEY ISLAND, ESSEX, UNITED KINGDOM, SS8 7AT 08394999 2018-03-31 47,837 0
GRAHAM LEVER SERVICES LIMITED 2 AVERON RISE, MOORSIDE, OLDHAM, LANCASHIRE, OL1 4NX 05683753 2019-03-31 46,498 0
ECOQUILLA LIMITED 123 FURTHERWICK ROAD, CANVEY ISLAND, ESSEX, UNITED KINGDOM, SS8 7AT 08926191 2018-03-31 43,357 0
AVIATION COMPOSITE ENGINEERING SERVICES LTD 123 FURTHERWICK ROAD, CANVEY ISLAND, ESSEX, UNITED KINGDOM, SS8 7AT 08893556 2018-03-31 40,960 0
DIESEL AIR LIMITED OLNEY HOUSE, HIGH STREET, OLNEY, BUCKS, MK46 4EB 03193531 2018-03-31 17,581 0
CROSSCOUNTRY AERO LTD 71-75 71-75 SHELTON STREET, LONDON, ENGLAND, WC2H 9JQ 08557428 2018-06-30 196 0 62020-Information technology consultancy activities
62090-Other information technology service activities
63990-Other information service activities not elsewhere classified
ACOLOCA LIMITED BOWDEN RISE PANGBOURNE, YATTENDON ROAD, READING, RG8 8PT 05224283 2018-09-30 0 0 62012-Business and domestic software development
AIRCRAFT INTEGRATED SOLUTIONS LIMITED INTERNATIONAL HOUSE, 12 CONSTANCE STREET, LONDON, ENGLAND, E16 2DQ 09931728 2018-12-31 0 0
ROTECH DESIGN LTD 3RD FLOOR, 207 REGENT STREET, LONDON, W1B 3HH 07841018 2018-11-30 0 0
VARIALIFT AIRSHIPS PLC 21 DIAMOND PARK DRIVE, WORDSLEY, STOURBRIDGE, WEST MIDLANDS, ENGLAND, DY8 4YB 06180690 2018-12-31 0 0
GE INFRASTRUCTURE AVIATION CHELTENHAM ROAD, BISHOPS CLEEVE, CHELTENHAM, GLOUCESTERSHIRE, GL52 8SF 06378241 0000-00-00 0 0 52230-Service activities incidental to air transportation
96090-Other service activities not elsewhere classified
L3 COMMERCIAL TRAINING SOLUTIONS LIMITED THE BROADGATE TOWER THIRD FLOOR, 20 PRIMROSE STREET, LONDON, UNITED KINGDOM, EC2A 2RS 05815706 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
GE AIRCRAFT ENGINE SERVICES LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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