britten-norman aerospace ltd
britten-norman aerospace ltd Company Information
Company Number
06401337
Next Accounts
Dec 2025
Shareholders
shelton bidco limited
Group Structure
View All
Industry
Manufacture of air and spacecraft and related machinery
Registered Address
bembridge airport, bembridge, PO35 5PR
Website
http://britten-norman.combritten-norman aerospace ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITTEN-NORMAN AEROSPACE LTD at £2.5m based on a Turnover of £3.2m and 0.79x industry multiple (adjusted for size and gross margin).
britten-norman aerospace ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITTEN-NORMAN AEROSPACE LTD at £1.9m based on an EBITDA of £334.9k and a 5.69x industry multiple (adjusted for size and gross margin).
britten-norman aerospace ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITTEN-NORMAN AEROSPACE LTD at £0 based on Net Assets of £-236.4k and 2.82x industry multiple (adjusted for liquidity).
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Britten-norman Aerospace Ltd Overview
Britten-norman Aerospace Ltd is a live company located in bembridge, PO35 5PR with a Companies House number of 06401337. It operates in the manufacture of air and spacecraft and related machinery sector, SIC Code 30300. Founded in October 2007, it's largest shareholder is shelton bidco limited with a 100% stake. Britten-norman Aerospace Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.2m with rapid growth in recent years.
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Britten-norman Aerospace Ltd Health Check
Pomanda's financial health check has awarded Britten-Norman Aerospace Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£8m)
- Britten-norman Aerospace Ltd
£8m - Industry AVG
Growth
3 year (CAGR) sales growth of 50%, show it is growing at a faster rate (-0.7%)
- Britten-norman Aerospace Ltd
-0.7% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
- Britten-norman Aerospace Ltd
38.2% - Industry AVG
Profitability
an operating margin of 9.8% make it less profitable than the average company (19.7%)
- Britten-norman Aerospace Ltd
19.7% - Industry AVG
Employees
with 50 employees, this is below the industry average (108)
50 - Britten-norman Aerospace Ltd
108 - Industry AVG
Pay Structure
on an average salary of £53k, the company has an equivalent pay structure (£53k)
- Britten-norman Aerospace Ltd
£53k - Industry AVG
Efficiency
resulting in sales per employee of £64.4k, this is less efficient (£161.5k)
- Britten-norman Aerospace Ltd
£161.5k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (51 days)
- Britten-norman Aerospace Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (51 days)
- Britten-norman Aerospace Ltd
51 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is less than average (111 days)
- Britten-norman Aerospace Ltd
111 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is more cash available to meet short term requirements (4 weeks)
11 weeks - Britten-norman Aerospace Ltd
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.1%, this is a higher level of debt than the average (88.5%)
120.1% - Britten-norman Aerospace Ltd
88.5% - Industry AVG
BRITTEN-NORMAN AEROSPACE LTD financials
Britten-Norman Aerospace Ltd's latest turnover from March 2024 is estimated at £3.2 million and the company has net assets of -£236.4 thousand. According to their latest financial statements, Britten-Norman Aerospace Ltd has 50 employees and maintains cash reserves of £323.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,898,789 | 1,300,411 | 1,420,468 | 837,466 | 360,538 | 220,605 | 524,969 | 572,936 | 784,453 | 1,190,695 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 971,173 | 1,095,856 | 873,252 | 409,709 | 279,359 | 384,427 | 682,904 | 636,290 | 764,497 | 1,445,368 | |||||
| Gross Profit | 927,616 | 204,555 | 547,216 | 427,757 | 81,179 | -163,822 | -157,935 | -63,354 | 19,956 | -254,673 | |||||
| Admin Expenses | 785,338 | 114,137 | 433,769 | 246,988 | 128,171 | 211,297 | 41,709 | 19,875 | 16,467 | 34,699 | |||||
| Operating Profit | 142,278 | 90,418 | 113,447 | 180,769 | -46,992 | -375,119 | -199,644 | -83,229 | 3,489 | -289,372 | |||||
| Interest Payable | 0 | 26 | 0 | 1,823 | 732 | 64,553 | 10,528 | 9,705 | 5,889 | 5,827 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | 142,278 | 90,392 | 113,447 | 178,946 | -47,724 | -439,672 | -210,172 | -92,934 | -2,400 | -295,199 | |||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 82,798 | |||||
| Profit After Tax | 142,278 | 90,392 | 113,447 | 178,946 | -47,724 | -439,672 | -210,172 | -92,934 | -2,400 | -212,401 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | 142,278 | 90,392 | 113,447 | 178,946 | -47,724 | -439,672 | -210,172 | -92,934 | -2,400 | -212,401 | |||||
| Employee Costs | 411,230 | ||||||||||||||
| Number Of Employees | 50 | 1 | 1 | 11 | 13 | 13 | 13 | 13 | 7 | 6 | 11 | ||||
| EBITDA* | 155,129 | 96,581 | 113,447 | 180,769 | -46,992 | -375,119 | -192,627 | -77,382 | 11,713 | -277,976 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,964 | 41,405 | 66,955 | 97,712 | 124,746 | 23,447 | 25,457 | 0 | 0 | 0 | 0 | 2,266 | 8,322 | 14,169 | 22,393 |
| Intangible Assets | 61,356 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 82,320 | 41,405 | 66,955 | 97,712 | 124,746 | 23,447 | 25,457 | 0 | 0 | 0 | 0 | 2,266 | 8,322 | 14,169 | 22,393 |
| Stock & work in progress | 255,045 | 0 | 0 | 421,630 | 222,599 | 302,303 | 400,101 | 307,263 | 210,891 | 264,489 | 211,050 | 578,768 | 504,305 | 642,499 | 740,486 |
| Trade Debtors | 461,969 | 524 | 44,902 | 70,099 | 32,722 | 101,167 | 81,751 | 26,835 | 5,334 | 60,506 | 1,085,896 | 19,138 | 8,606 | 44,060 | 126,737 |
| Group Debtors | 22 | 0 | 786,316 | 781,641 | 93,948 | 0 | 647,227 | 0 | 0 | 0 | 0 | 284,429 | 1,823,412 | 2,130,477 | 1,461,540 |
| Misc Debtors | 52,841 | 7,717 | 0 | 21,224 | 32,337 | 14,603 | 0 | 464,167 | 4,703 | 19,018 | 0 | 6,370 | 2,901 | 0 | 2,400 |
| Cash | 323,637 | 126 | 2,872 | 16,202 | 8,458 | 3,126 | 7,998 | 2,177 | 0 | 0 | 0 | 456 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,093,514 | 8,367 | 834,090 | 1,310,796 | 390,064 | 421,199 | 1,137,077 | 800,442 | 220,928 | 344,013 | 1,296,946 | 889,161 | 2,339,224 | 2,817,036 | 2,331,163 |
| total assets | 1,175,834 | 49,772 | 901,045 | 1,408,508 | 514,810 | 444,646 | 1,162,534 | 800,442 | 220,928 | 344,013 | 1,296,946 | 891,427 | 2,347,546 | 2,831,205 | 2,353,556 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,523 | 4,074 | 64,789 | 161,819 | 126,635 | 254,634 | 103,517 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 50,453 | 9,768 | 1,301,444 | 104,954 | 112,975 | 83,918 | 79,556 | 27,156 | 33,654 | 9,938 | 1,614,584 | 46,383 | 63,113 | 62,282 | 34,405 |
| Group/Directors Accounts | 0 | 312,803 | 0 | 1,504,148 | 639,487 | 742,167 | 1,426,830 | 1,453,552 | 1,008,500 | 1,108,603 | 0 | 1,176,452 | 2,451,947 | 2,658,342 | 2,440,356 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,361,769 | 205,775 | 0 | 122,690 | 107,108 | 105,599 | 233,578 | 10,611 | 25,074 | 43,497 | 0 | 60,949 | 49,855 | 107,017 | 23,948 |
| total current liabilities | 1,412,222 | 528,346 | 1,301,444 | 1,731,792 | 859,570 | 931,684 | 1,739,964 | 1,491,319 | 1,090,751 | 1,166,112 | 1,679,373 | 1,445,603 | 2,691,550 | 3,082,275 | 2,602,226 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,412,222 | 528,346 | 1,301,444 | 1,731,792 | 859,570 | 931,684 | 1,739,964 | 1,491,319 | 1,090,751 | 1,166,112 | 1,679,373 | 1,445,603 | 2,691,550 | 3,082,275 | 2,602,226 |
| net assets | -236,388 | -478,574 | -400,399 | -323,284 | -344,760 | -487,038 | -577,430 | -690,877 | -869,823 | -822,099 | -382,427 | -554,176 | -344,004 | -251,070 | -248,670 |
| total shareholders funds | -236,388 | -478,574 | -400,399 | -323,284 | -344,760 | -487,038 | -577,430 | -690,877 | -869,823 | -822,099 | -382,427 | -554,176 | -344,004 | -251,070 | -248,670 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 142,278 | 90,418 | 113,447 | 180,769 | -46,992 | -375,119 | -199,644 | -83,229 | 3,489 | -289,372 | |||||
| Depreciation | 20,441 | 25,550 | 30,757 | 30,226 | 12,851 | 6,163 | 0 | 0 | 0 | 0 | 2,266 | 7,017 | 5,847 | 8,224 | 11,396 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 82,798 | |||||
| Stock | 255,045 | 0 | -421,630 | 199,031 | -79,704 | -97,798 | 92,838 | 96,372 | -53,598 | 53,439 | 211,050 | 74,463 | -138,194 | 642,499 | 740,486 |
| Debtors | 506,591 | -822,977 | -41,746 | 713,957 | 43,237 | -613,208 | 237,976 | 480,965 | -69,487 | -1,006,372 | 1,085,896 | -1,524,982 | -339,618 | 2,174,537 | 1,590,677 |
| Creditors | 40,685 | -1,291,676 | 1,196,490 | -8,021 | 29,057 | 4,362 | 52,400 | -6,498 | 23,716 | -1,604,646 | 1,614,584 | -16,730 | 831 | 62,282 | 34,405 |
| Accruals and Deferred Income | 1,155,994 | 205,775 | -122,690 | 15,582 | 1,509 | -127,979 | 222,967 | -14,463 | -18,423 | 43,497 | 0 | 11,094 | -57,162 | 107,017 | 23,948 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 222,162 | 683,970 | 58,000 | -417,529 | 81,386 | -983,335 | 1,252,256 | 344,099 | -2,636,024 | -2,467,988 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -312,803 | 312,803 | -1,504,148 | 864,661 | -102,680 | -684,663 | -26,722 | 445,052 | -100,103 | 1,108,603 | 0 | -1,275,495 | -206,395 | 2,658,342 | 2,440,356 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | -26 | 0 | -1,823 | -732 | -64,553 | -10,528 | -9,705 | -5,889 | -5,827 | |||||
| cash flow from financing | -102,680 | -684,689 | -26,722 | 443,229 | -100,835 | 1,044,050 | -1,286,023 | -216,100 | 2,403,783 | 2,398,260 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | 323,511 | -2,746 | -13,330 | 7,744 | 5,332 | -4,872 | 5,821 | 2,177 | 0 | 0 | 0 | 456 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23,523 | 19,449 | -60,715 | 64,789 | 35,184 | -127,999 | 254,634 | 103,517 |
| change in cash | 323,511 | -2,746 | -13,330 | 7,744 | 5,332 | -4,872 | 5,821 | 25,700 | -19,449 | 60,715 | -64,789 | -34,728 | 127,999 | -254,634 | -103,517 |
britten-norman aerospace ltd Credit Report and Business Information
Britten-norman Aerospace Ltd Competitor Analysis
Perform a competitor analysis for britten-norman aerospace ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in PO35 area or any other competitors across 12 key performance metrics.
britten-norman aerospace ltd Ownership
BRITTEN-NORMAN AEROSPACE LTD group structure
Britten-Norman Aerospace Ltd has no subsidiary companies.
britten-norman aerospace ltd directors
Britten-Norman Aerospace Ltd currently has 3 directors. The longest serving directors include Mr William Hynett (Oct 2007) and Mr Patrick Cowan (Oct 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Hynett | 55 years | Oct 2007 | - | Director | |
| Mr Patrick Cowan | 64 years | Oct 2024 | - | Director | |
| Mrs Alison Rankin Frost | England | 62 years | Oct 2024 | - | Director |
P&L
March 2024turnover
3.2m
+4371%
operating profit
314.4k
0%
gross margin
38.3%
+6.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-236.4k
-0.51%
total assets
1.2m
+22.62%
cash
323.6k
+2567.55%
net assets
Total assets minus all liabilities
britten-norman aerospace ltd company details
company number
06401337
Type
Private limited with Share Capital
industry
30300 - Manufacture of air and spacecraft and related machinery
incorporation date
October 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
bn aviation ltd (February 2024)
accountant
PRIME
auditor
-
address
bembridge airport, bembridge, PO35 5PR
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
britten-norman aerospace ltd 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 7 charges/mortgages relating to britten-norman aerospace ltd. Currently there are 0 open charges and 7 have been satisfied in the past.
britten-norman aerospace ltd Capital Raised & Share Issues BETA
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britten-norman aerospace ltd Companies House Filings - See Documents
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