Thurston Aviation Limited

Thurston Aviation Ltd, based in Farnborough, UK, is a small, active company with a 33-year history. Founded in 1992, it employs 27 people and holds £4,550,074 in assets. The company, which has three directors but no reported owners, operates from a real address shared by only four other companies. It’s a regular importer and exporter of electrical machinery and equipment, with 492 months of import activity and 123 months of export activity recorded, the latest in February 1, 2025, and January 1, 2025, respectively.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its operations beyond what’s provided in the report. It’s likely that Thurston Aviation Ltd focuses on repair and maintenance of aircraft and spacecraft industries, as stated in the report.

Financially, Thurston Aviation Ltd presents a mixed picture. Creditors have increased by 31% to £1.4 million, while debtors have grown by 19% to £2.4 million. Cash bank on hand, however, has seen a significant jump of 29% to £1.3 million, a positive sign. Perhaps the most notable change is the substantial increase in corporation tax payable, which has surged by 380% to £240,000—a potential indicator of increased profitability, or possibly a one-off tax adjustment. Net assets have increased by 22% to £3.3 million. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in tax obligations warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The average number of employees has increased by 11% to 30, and the number of employees in administration support has risen by 29% to 9.

Registered in England/Wales under the registration number 02706112, with a registered address at GU14 6XA, England, Farnborough, Meadow Gate, Farnborough Airport.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.