Top 100 catch-up: Major engineering firm returns to profit in style

As we play a little catch-up reporting the of financial results of some of Gloucestershire’s biggest businesses we discover an engineering giant boosted by a near 30 per cent increase in turnover.

* The Reports & Deals section of Raikes is also home to the perpetual Top 100-plus Businesses in Gloucestershire list, which tracks the financial fortunes of the county’s biggest firms by turnover. It’s a series sponsored by Randall & Payne, one of our Founding Partners. Raikes is only made possible by the generous support of our Founding Partners, who include QuoLux, Willans LLP, Gloucestershire College, Merrell People and our sponsors such as Hartpury University and Hartpury College as well as our Founding Members (those who overpay thier subscription) and all our wonderful paying subscribers. A massive ‘thank you’ to all our other subscribers too. If you are not already, please consider upgrading to paid (just £2.30 a week!). You’ll be able to read all of this post - and you’ll be helping to make this community interest company sustainable. Contact andrew.merrell@raikesjournal.co.uk.

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One of the best-known engineering firms in Gloucestershire, and a major employer in the county, quietly returned to profit last year in some style, boosted by a 29 per cent increase in turnover.

The Tewkesbury-based business has customers world-wide, is part of a much bigger American-owned group that services the aerospace, defence and industrial markets.

As Raikes seeks to catch up with some of the outstanding results of 2024 as part of our Top 100 business in Gloucestershire series, sponsored by Randall & Payne, we turn our attention to Moog Controls Ltd, which employs 524 staff (up from 500 the previous year) at its UK headquarters at Ashchurch, Tewkesbury.

The Top 100 series follows the financial fortunes of the county’s biggest firms by turnover.

Back in 2023 the Moog Controls confirmed its commitment to the county by opening a new £40 million manufacturing facility beside its existing base off the A46.