Watson Aerospace Ltd

Watson Aerospace Ltd is a small, family-run company based in Broadway, UK, with an active status. Founded five years ago in 2020, it has a real registered address and is managed by one director and two owners. The company operates in the repair and maintenance of aircraft and spacecraft. It’s a irregular importer, primarily bringing in machinery, boilers, and mechanical appliances parts, with the last import operation recorded two months ago in December 2024.

The company’s website, primarily a portal for members of the GE Aerospace Pension Plan, provides information and resources for pension holders, including updates, news, and access to a secure member area. It’s not an e-commerce site in the traditional sense, but rather a platform for communication and service delivery related to a pension scheme. The website highlights options for retirement, financial advice, and beneficiary updates, reflecting the company’s role as a pension trustee. Following a split of the GE Pension Plan, Watson Aerospace Ltd has rebranded to GE Aerospace Pension Trustees Ltd, aligning with the relaunch of GE Aerospace on the New York Stock Exchange.

Financially, Watson Aerospace Ltd presents a mixed picture. Current assets have decreased by 39% to £9,800, and net assets have fallen by a significant 83% to -£84,000. Cash bank on hand has also dropped by 42% to £9,300. Trade debtors have increased dramatically by 4200%, reaching £470, and creditors have risen by 41% to £100,000. 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 flexibility, but the decline in equity suggests financial pressures. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The accounts are abridged and prepared in accordance with FRS, Section 1A (Small Entities).

In short, Watson Aerospace Ltd is navigating a period of financial strain, but its role as a pension trustee remains central to its operations. The company’s focus on member services and its recent rebranding reflect its commitment to adapting to changing circumstances—though whether it can overcome its financial challenges remains to be seen.

Registered in England/Wales under the registration number 12548633, with a registered address at WR12 7AX, England, Broadway, 16 Colletts Gardens.

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