TURNOVER
• The number of aerospace manufacturing and MRO companies is shown in the table below, along with specified ranges of annual turnover.
No. of companies by turnover band (£000s) 0-49
Manufacturing MRO
110 50-99 385
100- 249
130 390 1,105 170
250- 499
30 40
500- 999
20 25
1000- 1999
20 20
2000- 4999
30 20
5000- 9999
20 20
10000- 49999 50000+ Total
35 30
40 15
820 1,835
• Nearly 10 per cent of aerospace manufacturers have an annual turnover of more than £10 million, compared to just 5.4 per cent of MRO companies.
• The annual turnover of the majority of aerospace manufacturers and MRO companies is less than £250,000. The figures for both sub-sectors follow a similar trajectory and have a significant number of companies with relatively low turnover, as would be expected throughout a manufacturing supply-chain. As the turnover of companies increase, so the number of companies decreases.
Number of aero manufacturers by turnover in 2019
100 200 300 400 500
0
Number of companies
14
0-49 50-99 100-249 250-499 500-999 1000-1999 2000-4999
5000-9999 10000-49999
50000+
Turnover £000s
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