Willis Engine Repair Centre (uk) Limited

  • Active
  • Large
  • 9 years
  • 0 employees
  • £16,359,918 (cur assets)
  • 15m-54m
  • Regular importer
  • Regular exporter
  • Real address
  • 4 directors
  • No owners
  • Bridgend
  • Rating 5.0 (12)

Field of Operation

Engineering related scientific and technical consulting activities
71122 35379 companies

Website

wlfc.global↗

Social media

linkedin↗ youtube↗

Summary

Willis Asset Management Ltd from Bridgend UK: large company, holding company, active status, founded 8 years ago, 92 employees, £6,144,342 assets, real address, 4 directors, 1 owner, google rating 5.0 based on 12 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (127 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (153 months exported). Willis Asset Management Ltd operates as a significant player in the aviation services industry, providing a range of solutions including engine leasing, technical support, and fleet management. It’s a holding company with a strong presence, employing 92 people and managing assets valued at over £6 million. The company's real address and positive Google rating (5.0 from 12 reviews) suggest a stable and reputable operation.

The company's core business revolves around providing comprehensive aviation services, as highlighted on its website. It leases aircraft engines, provides technical and CAMO services, and offers consultancy and maintenance support. The website emphasizes innovation and a global reach, with offerings tailored to airlines, original equipment manufacturers (OEMs), and maintenance, repair, and overhaul (MRO) providers. It's clear that Willis Lease Finance Corporation owns Willis Asset Management Limited.

Financially, Willis Asset Management Ltd shows some concerning trends. While the company is classified as large, meeting two of three criteria for a large company (turnover over £36 million, balance sheet over £18 million, and more than 250 employees), its financial data reveals some pressures. Current assets have fallen by 28%, dropping to £6.1 million. Bank borrowings have increased significantly, jumping by 390% to £1.1 million. Cash reserves have also declined by 32%, falling to £1.3 million. Creditors have decreased by 57%, suggesting better debt management.

The company’s net assets, however, have increased by 28%, reaching £8.6 million. This is likely due to the company’s ability to generate revenue and manage its expenses effectively. The lack of an auditor mentioned is not surprising, as it is likely exempt due to its size. The company's average number of employees has decreased by 21%, falling to 73. This could be due to restructuring or a shift towards automation. The company’s accounts are unaudited, so the figures rely on management’s reporting.

Overall, Willis Asset Management Ltd appears to be a well-established company facing typical challenges in a competitive industry. While the decrease in cash reserves and increase in borrowings are points to watch, the company’s strong reputation and diverse service offerings suggest it is positioned to navigate these pressures.

Registered in England/Wales under the registration number 10438325, with a registered address at CF31 3XR, Wales, Bridgend, Aviation House Brocastle Avenue, Waterton Industrial Estate.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Managers

  • Willis Austin Chandler
  • 10 months
  • 4
Chief executive officer
  • Pemberton Mark
  • 10 months
  • 3
Company director
  • Failler Garry Anthony
  • 10 months
  • 2
Company director
  • Vandedrinck Caroline
  • 10 months
  • 2
Director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Full accounts made up to 2024-12-31
  2. Confirmation statement made on 2025-10-29 with no updates
  3. Certificate of change of name

Importer profile by HS codes

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Import HS codes in detail

Last imported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Exporter profile by HS codes

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Export HS codes in detail

Last exported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

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