Marshall of Cambridge Aerospace Limited
Registered name: MARSHALL OF CAMBRIDGE AEROSPACE LIMITED
Part of Marshall of Cambridge (Holdings) Limited groupMarshall of Cambridge Aerospace Limited made £131m revenue and £19.7m profit in the year to 31 Dec 2025.
Marshall of Cambridge Aerospace Limited’s revenue fell 10% to £131m in the year to 31 Dec 2025, with £19.7m profit and 786 employees. The company is classified under “manufacture of air and spacecraft and related machinery” and is based in Cambridge; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Cambridge
- Age
- 96 yrs · since 1930
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £173m | £144m | £131m |
| Cost of sales | −£115m | −£109m | −£77.7m |
| Gross profit | £58.7m | £35.8m | £53.1m |
| Operating profit | £40.2m | −£14.9m | £20.5m |
| Profit before tax | £39.9m | −£14.6m | £20.1m |
| Profit after tax | £36.8m | −£10.4m | £19.7m |
| Profit (best available) | £36.8m | −£10.4m | £19.7m |
| Employees (average) | 1,006 | 919 | 786 |
| Ratios | |||
| Profit margin | 21.2% | −7.2% | 15.1% |
| Gross margin | 33.9% | 24.8% | 40.6% |
| Revenue per employee | £172k | £157k | £166k |
| Profit per employee | £36.5k | −£11.3k | £25.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▼16.6% | ▼9.5% |
| Profit growth | — | ▼128.2% | — |
| Headcount growth | — | ▼8.6% | ▼14.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 15.1%
- Profit ÷ revenue.
- Gross margin
- 40.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £166k
- Revenue ÷ average employees.
- Profit per employee
- £25.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼14%
- Now 786
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Marshall of Cambridge (Holdings) Limitedultimate parent75–100%
- Marshall Adg Ltd75–100%
- Marshall of Cambridge Aerospace Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Marshall Middle East LimitedRev. £1.1m · Profit £188k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £19.7m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.