{"name":"METIS AEROSPACE LTD","company_number":"07608989","status":"Active","type":"Private Limited Company","incorporated":"2011-04-19","dissolved":null,"registered_office":"Unit C Westminster Industrial Estate Station Road, North Hykeham, Lincoln, Lincolnshire, England, LN6 3QY","postcode":"LN6 3QY","sic_codes":[{"code":84220,"description":"Defence activities"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":11,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":1172511,"cash":18353,"average_employees":11},{"financial_date":"2024-12-31","net_assets":405214,"cash":11999,"average_employees":14},{"financial_date":"2023-12-31","net_assets":939901,"cash":269723},{"financial_date":"2022-12-31","net_assets":647956,"cash":242901},{"financial_date":"2021-12-31","net_assets":522462,"cash":94893}],"officers":{"current":2,"resigned":1,"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":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Metis Aerospace is a conditionally creditable proposition: a 14-year-old defence/cyber business that has rebuilt itself from negative equity to £1.17m net assets, deleveraged steadily, and appears highly profitable in FY2025, but with negligible cash (£18k), a stock-and-intangible-heavy asset base, and a demonstrated history of earnings volatility. Any facility should be secured, supported by personal guarantees and quarterly management accounts, and ideally structured around the contract/invoice cycle rather than as unsecured term lending. The primary monitoring focus is cash generation and WIP conversion — the balance sheet is recovering, but liquidity remains one contract delay away from stress.","website":"http://metisaerospace.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/metis-aerospace","people":"https://www.companiesintheuk.co.uk/company/metis-aerospace/people","filing_history":"https://www.companiesintheuk.co.uk/company/metis-aerospace/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/07608989","financials":"https://www.companiesintheuk.co.uk/company/metis-aerospace/financial","control":"https://www.companiesintheuk.co.uk/company/metis-aerospace/control","charges":"https://www.companiesintheuk.co.uk/company/metis-aerospace/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/metis-aerospace/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/metis-aerospace"}