{"name":"CALEDONIAN AIRBORNE SYSTEMS LIMITED","company_number":"02207626","status":"Active","type":"Private Limited Company","incorporated":"1987-12-21","dissolved":null,"registered_office":"6th Floor 99 Gresham Street, London, United Kingdom, EC2V 7NG","postcode":"EC2V 7NG","sic_codes":[{"code":30300,"description":"Manufacture of air and spacecraft and related machinery"}],"principal_activity":"Aircraft Engineers","previous_names":[{"name":"RAPID 5031 LIMITED","changed_on":"1988-08-01"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":{"count":10,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","turnover":713,"profit_loss":2,"net_assets":769,"cash":203,"average_employees":10},{"financial_date":"2023-12-31","turnover":994,"profit_loss":86,"net_assets":767,"cash":273,"average_employees":12},{"financial_date":"2022-12-31","turnover":910,"net_assets":681,"cash":342}],"officers":{"current":3,"resigned":3,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":5,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Caledonian Airborne Systems possesses genuinely differentiated technology and integration credentials in a specialised defence market segment, with a 37-year heritage, strong gross margins, and a secured pipeline through 2025. However, the dramatic contraction in both revenue and profitability in FY2024, combined with persistent cash erosion, signals that the company's niche positioning is insufficient to offset the structural challenges of sub-scale operations in a capital-intensive industry. Immediate strategic priorities must include stabilising the revenue trajectory through ADELT and radar upgrade pipeline conversion, formalising aftermarket support revenue, and critically evaluating whether the current cost base is sustainable at current revenue levels.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/caledonian-airborne-systems","people":"https://www.companiesintheuk.co.uk/company/caledonian-airborne-systems/people","filing_history":"https://www.companiesintheuk.co.uk/company/caledonian-airborne-systems/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02207626","financials":"https://www.companiesintheuk.co.uk/company/caledonian-airborne-systems/financial","control":"https://www.companiesintheuk.co.uk/company/caledonian-airborne-systems/control","charges":"https://www.companiesintheuk.co.uk/company/caledonian-airborne-systems/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/caledonian-airborne-systems/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/caledonian-airborne-systems"}