AIRCRAFT RESEARCH ASSOCIATION LIMITED

Accounts Submitted 4 Oct 2025

Confirmation Statement Submitted 1 Jul 2025

Net assets £2.23M £1.38M 2023 year on year

Total assets £11.60M £71.13K 2023 year on year

Total Liabilities £9.37M £1.31M 2023 year on year

Charges 2

1 outstanding 1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Manton Lane Bedford Beds MK41 7PF

Telephone

0123 435 0681

business@ara.co.uk

Website

ara.co.uk

Credit Report

Discover AIRCRAFT RESEARCH ASSOCIATION LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

£426.89k

Decreased by £1.84M (-81%)

Net Assets

£2.23M

Decreased by £1.38M (-38%)

Total Liabilities

£9.37M

Increased by £1.31M (+16%)

Turnover

£13.92M

Increased by £2.34M (+20%)

Employees

136

Decreased by 6 (-4%)

Debt Ratio

81%

Increased by 12 (+17%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

£1.1m awarded

Show:

Investors (0)

No investor information available

Officers

5 active 48 resigned

Show resigned officers

						Status
David Samuel John Holmes	Director	British	England	58	21 Sept 2023	Active
Emma Suzanne Parkinson	Director	British	England	55	31 Jan 2024	Active
Jayne Helen Grzywna	Director	British	England	48	21 Sept 2023	Active
Matthew John Barratt	Director	British	England	40	21 Sept 2023	Active
Nathan Ashfield	Director	British	England	49	11 Apr 2022	Active

Shareholders

Shareholders (0)

No shareholder data available

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Bae Systems Plc

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Voting Rights 75 To 100 Percent

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Group Structure

BAE SYSTEMS PLC united kingdom

AIRCRAFT RESEARCH ASSOCIATION LIMITED Current Company

ARA PENSION FUND TRUSTEES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent as trust, appoint/remove directors as firm, significant influence or control as trust

Charges

1 outstanding 1 satisfied

Documents

Company Filings

Date	Category	Description	Document
7 Nov 2025	Mortgage	Mortgage Satisfy Charge Full	View(4 pages)
4 Oct 2025	Accounts	Annual accounts made up to 2024-12-31	View(39 pages)
1 Jul 2025	Confirmation Statement	Confirmation statement made on 2025-06-22 with no updates	View(3 pages)
12 Oct 2024	Accounts	Annual accounts made up to 2023-12-31	View(40 pages)
1 Jul 2024	Confirmation Statement	Confirmation statement made on 2024-06-22 with no updates	View(3 pages)