fixed wing training limited
fixed wing training limited Company Information
Company Number
09729579
Next Accounts
Dec 2025
Shareholders
fixed wing training holdings ltd
Group Structure
View All
Industry
Defence activities
Registered Address
c/o babcock international group, 33 wigmore street, london, W1U 1QX
fixed wing training limited Estimated Valuation
Pomanda estimates the enterprise value of FIXED WING TRAINING LIMITED at £6.8m based on a Turnover of £10.2m and 0.67x industry multiple (adjusted for size and gross margin).
fixed wing training limited Estimated Valuation
Pomanda estimates the enterprise value of FIXED WING TRAINING LIMITED at £2.5m based on an EBITDA of £546k and a 4.61x industry multiple (adjusted for size and gross margin).
fixed wing training limited Estimated Valuation
Pomanda estimates the enterprise value of FIXED WING TRAINING LIMITED at £2.2m based on Net Assets of £749k and 2.96x industry multiple (adjusted for liquidity).
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Fixed Wing Training Limited Overview
Fixed Wing Training Limited is a live company located in london, W1U 1QX with a Companies House number of 09729579. It operates in the defence activities sector, SIC Code 84220. Founded in August 2015, it's largest shareholder is fixed wing training holdings ltd with a 100% stake. Fixed Wing Training Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.2m with healthy growth in recent years.
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Fixed Wing Training Limited Health Check
Pomanda's financial health check has awarded Fixed Wing Training Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £10.2m, make it in line with the average company (£12.1m)
£10.2m - Fixed Wing Training Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (4.9%)
6% - Fixed Wing Training Limited
4.9% - Industry AVG
Production
with a gross margin of 7.7%, this company has a higher cost of product (21.5%)
7.7% - Fixed Wing Training Limited
21.5% - Industry AVG
Profitability
an operating margin of 5.4% make it less profitable than the average company (9.2%)
5.4% - Fixed Wing Training Limited
9.2% - Industry AVG
Employees
with 40 employees, this is below the industry average (71)
- Fixed Wing Training Limited
71 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Fixed Wing Training Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £253.9k, this is equally as efficient (£260.1k)
- Fixed Wing Training Limited
£260.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Fixed Wing Training Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Fixed Wing Training Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fixed Wing Training Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 61 weeks, this is more cash available to meet short term requirements (36 weeks)
61 weeks - Fixed Wing Training Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85%, this is a higher level of debt than the average (64.5%)
85% - Fixed Wing Training Limited
64.5% - Industry AVG
FIXED WING TRAINING LIMITED financials
Fixed Wing Training Limited's latest turnover from March 2024 is £10.2 million and the company has net assets of £749 thousand. According to their latest financial statements, we estimate that Fixed Wing Training Limited has 40 employees and maintains cash reserves of £5 million 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,154,000 | 9,019,000 | 8,488,000 | 8,644,000 | 8,482,000 | 22,198,000 | 33,319,000 | 34,529,000 | 44,671,000 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 9,374,000 | 8,130,000 | 7,644,000 | 7,764,000 | 7,674,000 | 21,133,000 | 32,402,000 | 33,730,000 | 44,421,000 |
| Gross Profit | 780,000 | 889,000 | 844,000 | 880,000 | 808,000 | 1,065,000 | 917,000 | 799,000 | 250,000 |
| Admin Expenses | 234,000 | 281,000 | 270,000 | 322,000 | 269,000 | 500,000 | 659,000 | 631,000 | 88,000 |
| Operating Profit | 546,000 | 608,000 | 574,000 | 558,000 | 539,000 | 565,000 | 258,000 | 168,000 | 162,000 |
| Interest Payable | 199,000 | 2,260,000 | 3,161,000 | 4,036,000 | 5,018,000 | 4,731,000 | 3,778,000 | 3,008,000 | 1,810,000 |
| Interest Receivable | 107,000 | 1,388,000 | 2,900,000 | 4,296,000 | 5,626,000 | 6,972,000 | 7,169,000 | 5,983,000 | 480,000 |
| Pre-Tax Profit | 454,000 | -264,000 | 313,000 | 818,000 | 1,147,000 | 2,806,000 | 3,649,000 | 3,143,000 | -1,168,000 |
| Tax | -186,000 | 66,000 | -59,000 | -161,000 | -218,000 | -533,000 | -693,000 | -355,000 | -40,000 |
| Profit After Tax | 268,000 | -198,000 | 254,000 | 657,000 | 929,000 | 2,273,000 | 2,956,000 | 2,788,000 | -1,208,000 |
| Dividends Paid | |||||||||
| Retained Profit | 268,000 | -198,000 | 254,000 | 657,000 | 929,000 | 2,273,000 | 2,956,000 | 2,788,000 | -1,208,000 |
| Employee Costs | |||||||||
| Number Of Employees | |||||||||
| EBITDA* | 546,000 | 608,000 | 574,000 | 558,000 | 539,000 | 565,000 | 258,000 | 168,000 | 162,000 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 28,955,000 | 51,698,000 | 69,716,000 | 63,058,000 | 84,477,000 | 44,950,000 | |||
| Total Fixed Assets | 28,955,000 | 51,698,000 | 69,716,000 | 63,058,000 | 84,477,000 | 44,950,000 | |||
| Stock & work in progress | |||||||||
| Trade Debtors | 581,000 | ||||||||
| Group Debtors | 3,209,000 | 3,160,000 | 3,139,000 | 3,119,000 | 3,098,000 | 2,095,000 | 230,000 | ||
| Misc Debtors | 7,356,000 | 28,955,000 | 20,313,000 | 16,083,000 | 15,566,000 | 31,277,000 | 2,191,000 | 8,858,000 | |
| Cash | 4,996,000 | 13,610,000 | 13,133,000 | 12,498,000 | 12,278,000 | 18,257,000 | 1,727,000 | 6,000 | 12,479,000 |
| misc current assets | 11,501,000 | 27,965,000 | |||||||
| total current assets | 4,996,000 | 24,175,000 | 45,248,000 | 35,950,000 | 31,480,000 | 49,003,000 | 63,064,000 | 2,197,000 | 21,567,000 |
| total assets | 4,996,000 | 24,175,000 | 45,248,000 | 64,905,000 | 83,178,000 | 118,719,000 | 126,122,000 | 86,674,000 | 66,517,000 |
| Bank overdraft | 52,992,000 | ||||||||
| Bank loan | 18,052,000 | 17,633,000 | 17,257,000 | 28,102,000 | |||||
| Trade Creditors | 391,000 | 762,000 | 230,000 | 10,654,000 | 4,625,000 | ||||
| Group/Directors Accounts | 841,000 | 961,000 | 1,136,000 | 1,245,000 | 4,656,000 | 1,378,000 | 34,000 | ||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 4,247,000 | 793,000 | 1,105,000 | 1,510,000 | 1,527,000 | 6,270,000 | 2,723,000 | 466,000 | 53,000 |
| total current liabilities | 4,247,000 | 1,634,000 | 20,509,000 | 20,279,000 | 20,029,000 | 39,790,000 | 57,323,000 | 11,154,000 | 4,678,000 |
| loans | 14,060,000 | 16,060,000 | 36,635,000 | 55,224,000 | 72,698,000 | 64,647,000 | 76,003,000 | 63,460,000 | |
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 829,000 | ||||||||
| provisions | |||||||||
| total long term liabilities | 14,060,000 | 16,060,000 | 36,635,000 | 56,053,000 | 72,698,000 | 64,647,000 | 76,003,000 | 63,460,000 | |
| total liabilities | 4,247,000 | 15,694,000 | 36,569,000 | 56,914,000 | 76,082,000 | 112,488,000 | 121,970,000 | 87,157,000 | 68,138,000 |
| net assets | 749,000 | 8,481,000 | 8,679,000 | 7,991,000 | 7,096,000 | 6,231,000 | 4,152,000 | -483,000 | -1,621,000 |
| total shareholders funds | 749,000 | 8,481,000 | 8,679,000 | 7,991,000 | 7,096,000 | 6,231,000 | 4,152,000 | -483,000 | -1,621,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 546,000 | 608,000 | 574,000 | 558,000 | 539,000 | 565,000 | 258,000 | 168,000 | 162,000 |
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | -186,000 | 66,000 | -59,000 | -161,000 | -218,000 | -533,000 | -693,000 | -355,000 | -40,000 |
| Stock | |||||||||
| Debtors | -10,565,000 | -21,550,000 | -20,292,000 | -18,493,000 | -18,061,000 | -7,469,000 | 9,762,000 | 32,630,000 | 54,038,000 |
| Creditors | -391,000 | 391,000 | -762,000 | 532,000 | -10,424,000 | 6,029,000 | 4,625,000 | ||
| Accruals and Deferred Income | 3,454,000 | -312,000 | -405,000 | -17,000 | -4,743,000 | 3,547,000 | 2,257,000 | 413,000 | 53,000 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 14,379,000 | 21,521,000 | 20,793,000 | 18,873,000 | 12,877,000 | 11,580,000 | -18,364,000 | -26,375,000 | -49,238,000 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | -18,052,000 | 419,000 | 376,000 | -10,845,000 | 28,102,000 | ||||
| Group/Directors Accounts | -841,000 | -120,000 | -175,000 | -109,000 | -3,411,000 | 3,278,000 | 1,344,000 | 34,000 | |
| Other Short Term Loans | |||||||||
| Long term loans | -14,060,000 | -2,000,000 | -20,575,000 | -18,589,000 | -17,474,000 | 8,051,000 | -11,356,000 | 12,543,000 | 63,460,000 |
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -829,000 | 829,000 | |||||||
| share issue | |||||||||
| interest | -92,000 | -872,000 | -261,000 | 260,000 | 608,000 | 2,241,000 | 3,391,000 | 2,975,000 | -1,330,000 |
| cash flow from financing | -22,993,000 | -21,044,000 | -20,158,000 | -18,653,000 | -30,357,000 | 41,478,000 | -4,942,000 | 13,902,000 | 61,717,000 |
| cash and cash equivalents | |||||||||
| cash | -8,614,000 | 477,000 | 635,000 | 220,000 | -5,979,000 | 16,530,000 | 1,721,000 | -12,473,000 | 12,479,000 |
| overdraft | -52,992,000 | 52,992,000 | |||||||
| change in cash | -8,614,000 | 477,000 | 635,000 | 220,000 | -5,979,000 | 69,522,000 | -51,271,000 | -12,473,000 | 12,479,000 |
fixed wing training limited Credit Report and Business Information
Fixed Wing Training Limited Competitor Analysis
Perform a competitor analysis for fixed wing training limited by selecting its closest rivals, whether from the PUBLIC ADMINISTRATION AND DEFENCE; COMPULSORY SOCIAL SECURITY sector, other mid companies, companies in W1U area or any other competitors across 12 key performance metrics.
fixed wing training limited Ownership
FIXED WING TRAINING LIMITED group structure
Fixed Wing Training Limited has no subsidiary companies.
Ultimate parent company
2 parents
FIXED WING TRAINING LIMITED
09729579
fixed wing training limited directors
Fixed Wing Training Limited currently has 6 directors. The longest serving directors include Mr Tom Newman (Feb 2023) and Mr Paul Edwards (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tom Newman | United Kingdom | 44 years | Feb 2023 | - | Director |
| Mr Paul Edwards | 47 years | Feb 2023 | - | Director | |
| Mr Matthew Brown | United Kingdom | 42 years | Apr 2023 | - | Director |
| Mr Adam Clink | United Kingdom | 55 years | Apr 2024 | - | Director |
| Mr Jay Pitman | United States | 49 years | Jul 2024 | - | Director |
| Ms Chloe Barker | 33 years | Oct 2024 | - | Director |
P&L
March 2024turnover
10.2m
+13%
operating profit
546k
-10%
gross margin
7.7%
-22.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
749k
-0.91%
total assets
5m
-0.79%
cash
5m
-0.63%
net assets
Total assets minus all liabilities
fixed wing training limited company details
company number
09729579
Type
Private limited with Share Capital
industry
84220 - Defence activities
incorporation date
August 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
KPMG LLP
address
c/o babcock international group, 33 wigmore street, london, W1U 1QX
Bank
-
Legal Advisor
-
fixed wing training 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 did not find charges/mortgages relating to fixed wing training limited.
fixed wing training limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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fixed wing training limited Companies House Filings - See Documents
| date | description | view/download |
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