weston aerospace limited
weston aerospace limited Company Information
Company Number
04740406
Next Accounts
Jun 2025
Shareholders
tdg france ultimate parent
Group Structure
View All
Industry
Other manufacturing n.e.c.
+1Registered Address
5 new street square, london, EC4A 3TW
Website
http://esterline.comweston aerospace limited Estimated Valuation
Pomanda estimates the enterprise value of WESTON AEROSPACE LIMITED at £95.6m based on a Turnover of £66.9m and 1.43x industry multiple (adjusted for size and gross margin).
weston aerospace limited Estimated Valuation
Pomanda estimates the enterprise value of WESTON AEROSPACE LIMITED at £115.8m based on an EBITDA of £11.5m and a 10.07x industry multiple (adjusted for size and gross margin).
weston aerospace limited Estimated Valuation
Pomanda estimates the enterprise value of WESTON AEROSPACE LIMITED at £294.4m based on Net Assets of £135.2m and 2.18x industry multiple (adjusted for liquidity).
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Weston Aerospace Limited Overview
Weston Aerospace Limited is a live company located in london, EC4A 3TW with a Companies House number of 04740406. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in April 2003, it's largest shareholder is tdg france ultimate parent with a 100% stake. Weston Aerospace Limited is a mature, large sized company, Pomanda has estimated its turnover at £66.9m with low growth in recent years.
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Weston Aerospace Limited Health Check
Pomanda's financial health check has awarded Weston Aerospace Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
5 Regular
2 Weak
Size
annual sales of £66.9m, make it larger than the average company (£12.3m)
£66.9m - Weston Aerospace Limited
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (3.9%)
4% - Weston Aerospace Limited
3.9% - Industry AVG
Production
with a gross margin of 33.9%, this company has a comparable cost of product (30.2%)
33.9% - Weston Aerospace Limited
30.2% - Industry AVG
Profitability
an operating margin of 12.3% make it more profitable than the average company (6.1%)
12.3% - Weston Aerospace Limited
6.1% - Industry AVG
Employees
with 338 employees, this is above the industry average (66)
338 - Weston Aerospace Limited
66 - Industry AVG
Pay Structure
on an average salary of £41.4k, the company has an equivalent pay structure (£45.6k)
£41.4k - Weston Aerospace Limited
£45.6k - Industry AVG
Efficiency
resulting in sales per employee of £198k, this is equally as efficient (£178.2k)
£198k - Weston Aerospace Limited
£178.2k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is near the average (59 days)
56 days - Weston Aerospace Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (45 days)
31 days - Weston Aerospace Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 110 days, this is more than average (80 days)
110 days - Weston Aerospace Limited
80 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (13 weeks)
42 weeks - Weston Aerospace Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.6%, this is a lower level of debt than the average (49.1%)
12.6% - Weston Aerospace Limited
49.1% - Industry AVG
WESTON AEROSPACE LIMITED financials
Weston Aerospace Limited's latest turnover from September 2023 is £66.9 million and the company has net assets of £135.2 million. According to their latest financial statements, Weston Aerospace Limited has 338 employees and maintains cash reserves of £14.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 66,917,000 | 54,305,000 | 40,951,000 | 60,216,000 | 69,477,000 | 62,075,000 | 62,351,000 | 51,512,000 | 36,110,000 | 42,407,000 | 41,606,000 | 44,671,000 | 38,771,000 | 30,356,000 | 30,852,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 44,251,000 | 38,556,000 | 28,857,000 | 39,181,000 | 50,815,000 | 45,298,000 | 44,715,000 | 36,042,000 | 28,133,000 | 29,099,000 | 26,833,000 | 27,575,000 | 23,960,000 | 19,173,000 | 20,893,000 |
| Gross Profit | 22,666,000 | 15,749,000 | 12,094,000 | 21,035,000 | 18,662,000 | 16,777,000 | 17,636,000 | 15,470,000 | 7,977,000 | 13,308,000 | 14,773,000 | 17,096,000 | 14,811,000 | 11,183,000 | 9,959,000 |
| Admin Expenses | 14,439,000 | 8,072,000 | 17,196,000 | 13,360,000 | 7,093,000 | 10,690,000 | 18,035,000 | 9,358,000 | 8,079,000 | 9,795,000 | 9,681,000 | 10,726,000 | 9,413,000 | 9,156,000 | 4,371,000 |
| Operating Profit | 8,227,000 | 7,677,000 | -5,102,000 | 7,675,000 | 11,569,000 | 6,087,000 | -399,000 | 6,112,000 | -102,000 | 3,513,000 | 5,092,000 | 6,370,000 | 5,398,000 | 2,027,000 | 5,588,000 |
| Interest Payable | 119,000 | 645,000 | 611,000 | 571,000 | 538,000 | 506,000 | 462,000 | 708,000 | 411,000 | 160,000 | 244,000 | 679,000 | |||
| Interest Receivable | 88,000 | 94,000 | 3,905,000 | 4,754,000 | 81,000 | 404,000 | 548,000 | 517,000 | 568,000 | 671,000 | 638,000 | 1,458,000 | 1,464,000 | 1,658,000 | 2,345,000 |
| Pre-Tax Profit | 8,315,000 | 7,771,000 | 77,002,000 | 11,784,000 | 76,027,000 | 4,223,000 | -7,262,000 | -21,808,000 | 35,044,000 | 3,476,000 | -20,981,000 | 22,987,000 | 31,336,000 | 3,441,000 | 9,254,000 |
| Tax | -1,614,000 | -2,381,000 | 2,434,000 | -2,582,000 | -350,000 | -1,453,000 | -955,000 | -68,000 | -158,000 | 6,576,000 | -1,732,000 | -2,460,000 | -2,335,000 | -1,475,000 | -2,591,000 |
| Profit After Tax | 6,701,000 | 5,390,000 | 79,436,000 | 9,202,000 | 75,677,000 | 2,770,000 | -8,217,000 | -21,876,000 | 34,886,000 | 10,052,000 | -22,713,000 | 20,527,000 | 29,001,000 | 1,966,000 | 6,663,000 |
| Dividends Paid | 8,353,000 | 131,522,000 | 50,675,000 | 32,067,000 | 20,000,000 | 60,435,000 | 18,000,000 | 18,000,000 | 34,434,000 | ||||||
| Retained Profit | 6,701,000 | -2,963,000 | -52,086,000 | 9,202,000 | 25,002,000 | -29,297,000 | -28,217,000 | -21,876,000 | -25,549,000 | 10,052,000 | -40,713,000 | 2,527,000 | -5,433,000 | 1,966,000 | 6,663,000 |
| Employee Costs | 13,988,000 | 11,975,000 | 10,926,000 | 12,297,000 | 13,553,000 | 13,375,000 | 14,469,000 | 14,423,000 | 13,114,000 | 13,738,000 | 12,598,000 | 13,086,000 | 12,137,000 | 11,016,000 | 11,234,000 |
| Number Of Employees | 338 | 322 | 288 | 401 | 454 | 426 | 459 | 446 | 380 | 349 | 344 | 360 | 390 | 307 | 313 |
| EBITDA* | 11,509,000 | 11,228,000 | -1,719,000 | 11,094,000 | 15,014,000 | 9,240,000 | 2,616,000 | 9,191,000 | 2,602,000 | 6,300,000 | 7,772,000 | 9,039,000 | 7,961,000 | 4,745,000 | 8,383,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,851,000 | 6,044,000 | 5,821,000 | 5,735,000 | 6,042,000 | 5,895,000 | 6,050,000 | 6,186,000 | 5,723,000 | 4,229,000 | 4,384,000 | 3,892,000 | 3,151,000 | 2,407,000 | 2,353,000 |
| Intangible Assets | 4,403,000 | 4,674,000 | 6,523,000 | 8,707,000 | 10,899,000 | 13,065,000 | 15,119,000 | 17,162,000 | 19,162,000 | 20,964,000 | 20,815,000 | 22,180,000 | 24,179,000 | 25,758,000 | 27,143,000 |
| Investments & Other | 99,607,000 | 99,607,000 | 99,607,000 | 118,774,000 | 118,774,000 | 149,463,000 | 174,227,000 | 196,100,000 | 224,031,000 | 205,485,000 | 205,485,000 | 181,392,000 | 180,790,000 | 180,790,000 | 180,516,000 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 109,861,000 | 110,325,000 | 111,951,000 | 133,216,000 | 135,715,000 | 168,423,000 | 195,396,000 | 219,448,000 | 248,916,000 | 230,678,000 | 230,684,000 | 207,464,000 | 208,120,000 | 208,955,000 | 210,012,000 |
| Stock & work in progress | 13,422,000 | 14,855,000 | 13,182,000 | 16,267,000 | 14,284,000 | 13,143,000 | 13,635,000 | 12,824,000 | 8,764,000 | 9,413,000 | 10,028,000 | 9,668,000 | 7,843,000 | 6,013,000 | 6,214,000 |
| Trade Debtors | 10,321,000 | 12,200,000 | 7,329,000 | 6,589,000 | 8,977,000 | 9,046,000 | 7,306,000 | 7,987,000 | 7,188,000 | 7,084,000 | 8,506,000 | 9,804,000 | 5,113,000 | 4,410,000 | 5,563,000 |
| Group Debtors | 4,825,000 | 3,749,000 | 3,343,000 | 70,621,000 | 3,776,000 | 3,921,000 | 7,097,000 | 13,317,000 | 11,939,000 | 17,788,000 | 10,810,000 | 39,460,000 | 38,760,000 | 41,923,000 | 46,665,000 |
| Misc Debtors | 1,604,000 | 1,704,000 | 1,482,000 | 1,543,000 | 1,685,000 | 895,000 | 1,619,000 | 1,287,000 | 1,405,000 | 933,000 | 870,000 | 1,047,000 | 986,000 | 622,000 | 482,000 |
| Cash | 14,576,000 | 7,270,000 | 5,065,000 | 14,234,000 | 72,228,000 | 17,147,000 | 10,489,000 | 8,171,000 | 4,358,000 | 10,710,000 | 8,606,000 | 5,414,000 | 4,382,000 | 13,407,000 | 2,039,000 |
| misc current assets | |||||||||||||||
| total current assets | 44,748,000 | 39,778,000 | 30,401,000 | 109,254,000 | 100,950,000 | 44,152,000 | 40,146,000 | 43,586,000 | 33,654,000 | 45,928,000 | 38,820,000 | 65,393,000 | 57,084,000 | 66,375,000 | 60,963,000 |
| total assets | 154,609,000 | 150,103,000 | 142,352,000 | 242,470,000 | 236,665,000 | 212,575,000 | 235,542,000 | 263,034,000 | 282,570,000 | 276,606,000 | 269,504,000 | 272,857,000 | 265,204,000 | 275,330,000 | 270,975,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 3,837,000 | 3,245,000 | 2,542,000 | 2,476,000 | 4,746,000 | 4,412,000 | 4,415,000 | 4,386,000 | 3,857,000 | 2,687,000 | 3,080,000 | 3,364,000 | 2,999,000 | 2,567,000 | 2,067,000 |
| Group/Directors Accounts | 5,834,000 | 6,930,000 | 3,034,000 | 50,172,000 | 51,695,000 | 53,750,000 | 50,225,000 | 50,260,000 | 48,983,000 | 19,428,000 | 22,179,000 | 7,942,000 | 4,826,000 | 9,966,000 | 11,169,000 |
| other short term finances | 508,000 | 662,000 | 96,000 | 1,277,000 | 424,000 | ||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 8,067,000 | 10,244,000 | 5,110,000 | 6,561,000 | 6,234,000 | 4,880,000 | 2,297,000 | 2,024,000 | 1,719,000 | 1,213,000 | 1,249,000 | 6,977,000 | 5,554,000 | 5,714,000 | 2,623,000 |
| total current liabilities | 17,738,000 | 20,419,000 | 10,686,000 | 59,209,000 | 63,183,000 | 63,704,000 | 57,033,000 | 57,947,000 | 54,983,000 | 23,328,000 | 26,508,000 | 18,283,000 | 13,379,000 | 18,247,000 | 15,859,000 |
| loans | 23,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 852,000 | 1,026,000 | 457,000 | 438,000 | |||||||||||
| other liabilities | |||||||||||||||
| provisions | 850,000 | 384,000 | 70,000 | 34,000 | 24,000 | 201,000 | 23,000 | 46,000 | 57,000 | 81,000 | 83,000 | 90,000 | 87,000 | 90,000 | 172,000 |
| total long term liabilities | 1,702,000 | 1,410,000 | 527,000 | 34,000 | 24,000 | 662,000 | 23,000 | 46,000 | 57,000 | 81,000 | 83,000 | 90,000 | 87,000 | 90,000 | 172,000 |
| total liabilities | 19,440,000 | 21,829,000 | 11,213,000 | 59,243,000 | 63,207,000 | 64,366,000 | 57,056,000 | 57,993,000 | 55,040,000 | 23,409,000 | 26,591,000 | 18,373,000 | 13,466,000 | 18,337,000 | 16,031,000 |
| net assets | 135,169,000 | 128,274,000 | 131,139,000 | 183,227,000 | 173,458,000 | 148,209,000 | 178,486,000 | 205,041,000 | 227,530,000 | 253,197,000 | 242,913,000 | 254,484,000 | 251,738,000 | 256,993,000 | 254,944,000 |
| total shareholders funds | 135,169,000 | 128,274,000 | 131,139,000 | 183,227,000 | 173,458,000 | 148,209,000 | 178,486,000 | 205,041,000 | 227,530,000 | 253,197,000 | 242,913,000 | 254,484,000 | 251,738,000 | 256,993,000 | 254,944,000 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 8,227,000 | 7,677,000 | -5,102,000 | 7,675,000 | 11,569,000 | 6,087,000 | -399,000 | 6,112,000 | -102,000 | 3,513,000 | 5,092,000 | 6,370,000 | 5,398,000 | 2,027,000 | 5,588,000 |
| Depreciation | 1,290,000 | 1,260,000 | 1,199,000 | 1,227,000 | 1,279,000 | 1,099,000 | 972,000 | 938,000 | 741,000 | 789,000 | 682,000 | 671,000 | 565,000 | 720,000 | 797,000 |
| Amortisation | 1,992,000 | 2,291,000 | 2,184,000 | 2,192,000 | 2,166,000 | 2,054,000 | 2,043,000 | 2,141,000 | 1,963,000 | 1,998,000 | 1,998,000 | 1,998,000 | 1,998,000 | 1,998,000 | 1,998,000 |
| Tax | -1,614,000 | -2,381,000 | 2,434,000 | -2,582,000 | -350,000 | -1,453,000 | -955,000 | -68,000 | -158,000 | 6,576,000 | -1,732,000 | -2,460,000 | -2,335,000 | -1,475,000 | -2,591,000 |
| Stock | -1,433,000 | 1,673,000 | -3,085,000 | 1,983,000 | 1,141,000 | -492,000 | 811,000 | 4,060,000 | -649,000 | -615,000 | 360,000 | 1,825,000 | 1,830,000 | -201,000 | 6,214,000 |
| Debtors | -903,000 | 5,499,000 | -66,599,000 | 64,315,000 | 576,000 | -2,160,000 | -6,569,000 | 2,059,000 | -5,273,000 | 5,619,000 | -30,125,000 | 5,452,000 | -2,096,000 | -5,755,000 | 52,710,000 |
| Creditors | 592,000 | 703,000 | 66,000 | -2,270,000 | 334,000 | -3,000 | 29,000 | 529,000 | 1,170,000 | -393,000 | -284,000 | 365,000 | 432,000 | 500,000 | 2,067,000 |
| Accruals and Deferred Income | -2,351,000 | 5,703,000 | -994,000 | 327,000 | 916,000 | 3,021,000 | 273,000 | 305,000 | 506,000 | -36,000 | -5,728,000 | 1,423,000 | -160,000 | 3,091,000 | 2,623,000 |
| Deferred Taxes & Provisions | 466,000 | 314,000 | 36,000 | 10,000 | -177,000 | 178,000 | -23,000 | -11,000 | -24,000 | -2,000 | -7,000 | 3,000 | -3,000 | -82,000 | 172,000 |
| Cash flow from operations | 10,938,000 | 8,395,000 | 69,507,000 | -59,719,000 | 14,020,000 | 13,635,000 | 7,698,000 | 3,827,000 | 10,018,000 | 7,441,000 | 29,786,000 | 1,093,000 | 6,161,000 | 12,735,000 | -48,270,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -19,167,000 | -30,689,000 | -24,764,000 | -21,873,000 | -27,931,000 | 18,546,000 | 24,093,000 | 602,000 | 274,000 | 180,516,000 | |||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,096,000 | 3,896,000 | -47,138,000 | -1,523,000 | -2,055,000 | 3,525,000 | -35,000 | 1,277,000 | 29,555,000 | -2,751,000 | 14,237,000 | 3,116,000 | -5,140,000 | -1,203,000 | 11,169,000 |
| Other Short Term Loans | -508,000 | -154,000 | 566,000 | -1,181,000 | 853,000 | 424,000 | |||||||||
| Long term loans | -23,000 | 23,000 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 88,000 | 94,000 | 3,786,000 | 4,109,000 | -530,000 | -167,000 | 10,000 | 11,000 | 106,000 | -37,000 | 227,000 | 1,458,000 | 1,304,000 | 1,414,000 | 1,666,000 |
| cash flow from financing | -814,000 | 4,088,000 | -43,354,000 | 2,645,000 | -2,515,000 | 2,967,000 | 456,000 | 1,528,000 | 29,967,000 | -2,556,000 | 43,606,000 | 4,793,000 | -3,658,000 | 294,000 | 261,116,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 7,306,000 | 2,205,000 | -9,169,000 | -57,994,000 | 55,081,000 | 6,658,000 | 2,318,000 | 3,813,000 | -6,352,000 | 2,104,000 | 3,192,000 | 1,032,000 | -9,025,000 | 11,368,000 | 2,039,000 |
| overdraft | |||||||||||||||
| change in cash | 7,306,000 | 2,205,000 | -9,169,000 | -57,994,000 | 55,081,000 | 6,658,000 | 2,318,000 | 3,813,000 | -6,352,000 | 2,104,000 | 3,192,000 | 1,032,000 | -9,025,000 | 11,368,000 | 2,039,000 |
weston aerospace limited Credit Report and Business Information
Weston Aerospace Limited Competitor Analysis
Perform a competitor analysis for weston aerospace limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in EC4A area or any other competitors across 12 key performance metrics.
weston aerospace limited Ownership
WESTON AEROSPACE LIMITED group structure
Weston Aerospace Limited has 2 subsidiary companies.
Ultimate parent company
TDG FRANCE ULTIMATE PARENT
#0120175
1 parent
WESTON AEROSPACE LIMITED
04740406
2 subsidiaries
weston aerospace limited directors
Weston Aerospace Limited currently has 3 directors. The longest serving directors include Ms Sarah Wynne (Mar 2019) and Ms Liza Sabol (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Sarah Wynne | United Kingdom | 51 years | Mar 2019 | - | Director |
| Ms Liza Sabol | United States | 46 years | Oct 2019 | - | Director |
| Mr Nicolas Guichard | France | 58 years | Jan 2021 | - | Director |
P&L
September 2023turnover
66.9m
+23%
operating profit
8.2m
+7%
gross margin
33.9%
+16.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
135.2m
+0.05%
total assets
154.6m
+0.03%
cash
14.6m
+1%
net assets
Total assets minus all liabilities
weston aerospace limited company details
company number
04740406
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
April 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
angelchance limited (June 2004)
accountant
-
auditor
ERNST & YOUNG LLP
address
5 new street square, london, EC4A 3TW
Bank
HSBC BANK PLC
Legal Advisor
-
weston aerospace limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to weston aerospace limited. Currently there are 1 open charges and 2 have been satisfied in the past.
weston aerospace limited Capital Raised & Share Issues BETA
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weston aerospace limited Companies House Filings - See Documents
| date | description | view/download |
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