airflow developments limited
airflow developments limited Company Information
Company Number
00550374
Next Accounts
Sep 2025
Shareholders
top air ag
Group Structure
View All
Industry
Manufacture of other electrical equipment
Registered Address
aidelle house, lancaster road, cressex business park, high wycombe, buckinghamshire, HP12 3QP
Website
www.airflow.comairflow developments limited Estimated Valuation
Pomanda estimates the enterprise value of AIRFLOW DEVELOPMENTS LIMITED at £99.1m based on a Turnover of £82m and 1.21x industry multiple (adjusted for size and gross margin).
airflow developments limited Estimated Valuation
Pomanda estimates the enterprise value of AIRFLOW DEVELOPMENTS LIMITED at £130.9m based on an EBITDA of £14m and a 9.38x industry multiple (adjusted for size and gross margin).
airflow developments limited Estimated Valuation
Pomanda estimates the enterprise value of AIRFLOW DEVELOPMENTS LIMITED at £62.9m based on Net Assets of £30.5m and 2.06x industry multiple (adjusted for liquidity).
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Airflow Developments Limited Overview
Airflow Developments Limited is a live company located in high wycombe, HP12 3QP with a Companies House number of 00550374. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in June 1955, it's largest shareholder is top air ag with a 100% stake. Airflow Developments Limited is a mature, large sized company, Pomanda has estimated its turnover at £82m with rapid growth in recent years.
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Airflow Developments Limited Health Check
Pomanda's financial health check has awarded Airflow Developments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
2 Weak
Size
annual sales of £82m, make it larger than the average company (£13.5m)
£82m - Airflow Developments Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (6.7%)
46% - Airflow Developments Limited
6.7% - Industry AVG
Production
with a gross margin of 30.5%, this company has a comparable cost of product (35.3%)
30.5% - Airflow Developments Limited
35.3% - Industry AVG
Profitability
an operating margin of 16.5% make it more profitable than the average company (6.3%)
16.5% - Airflow Developments Limited
6.3% - Industry AVG
Employees
with 123 employees, this is above the industry average (79)
123 - Airflow Developments Limited
79 - Industry AVG
Pay Structure
on an average salary of £62.6k, the company has a higher pay structure (£51k)
£62.6k - Airflow Developments Limited
£51k - Industry AVG
Efficiency
resulting in sales per employee of £666.5k, this is more efficient (£182.3k)
£666.5k - Airflow Developments Limited
£182.3k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (61 days)
17 days - Airflow Developments Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (43 days)
3 days - Airflow Developments Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is less than average (113 days)
32 days - Airflow Developments Limited
113 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 164 weeks, this is more cash available to meet short term requirements (14 weeks)
164 weeks - Airflow Developments Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.8%, this is a lower level of debt than the average (43.1%)
22.8% - Airflow Developments Limited
43.1% - Industry AVG
AIRFLOW DEVELOPMENTS LIMITED financials
Airflow Developments Limited's latest turnover from December 2023 is £82 million and the company has net assets of £30.5 million. According to their latest financial statements, Airflow Developments Limited has 123 employees and maintains cash reserves of £24.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 81,976,742 | 50,099,642 | 33,189,507 | 26,262,081 | 26,364,658 | 23,185,099 | 21,309,343 | 18,758,254 | 17,847,102 | 15,686,223 | 14,234,250 | 12,940,109 | 12,499,157 | 11,280,433 | 9,489,449 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 56,981,104 | 32,267,776 | 20,977,640 | 16,329,165 | 16,599,872 | 14,554,684 | 13,401,305 | 11,341,630 | 10,504,313 | 9,008,889 | 8,453,746 | 7,409,546 | 6,945,338 | 6,184,650 | 5,071,817 |
| Gross Profit | 24,995,638 | 17,831,866 | 12,211,867 | 9,932,916 | 9,764,786 | 8,630,415 | 7,908,038 | 7,416,624 | 7,342,789 | 6,677,334 | 5,780,504 | 5,530,563 | 5,553,819 | 5,095,783 | 4,417,632 |
| Admin Expenses | 11,443,273 | 9,871,233 | 8,325,903 | 7,619,596 | 7,650,453 | 8,466,549 | 7,202,560 | 7,272,070 | 6,534,063 | 5,952,961 | 5,847,468 | 5,386,784 | 4,838,299 | 4,469,038 | 4,184,708 |
| Operating Profit | 13,552,365 | 7,960,633 | 3,885,964 | 2,313,320 | 2,114,333 | 163,866 | 705,478 | 144,554 | 808,726 | 724,373 | -66,964 | 143,779 | 715,520 | 626,745 | 232,924 |
| Interest Payable | 5,553 | 517 | 84 | 84 | 432 | 13,801 | 293 | 6,287 | 21,666 | 19,719 | 21,058 | ||||
| Interest Receivable | 216,788 | 45,200 | 726 | 5,905 | 9,189 | 6,171 | 1,671 | 2,927 | 2,687 | 2,131 | 1,589 | 5,904 | 6,378 | 6,585 | |
| Pre-Tax Profit | 13,763,600 | 8,005,833 | 3,886,173 | 2,319,225 | 2,123,522 | 723,548 | 707,065 | 147,481 | 810,981 | 712,703 | -65,668 | 143,396 | 700,592 | 607,026 | 218,451 |
| Tax | -4,442,929 | -2,574,892 | -1,314,234 | -694,479 | -439,941 | -118,805 | -178,151 | -61,860 | -211,583 | -129,026 | -10,355 | -89,378 | -239,618 | -200,005 | -88,292 |
| Profit After Tax | 9,320,671 | 5,430,941 | 2,571,939 | 1,624,746 | 1,683,581 | 604,743 | 528,914 | 85,621 | 599,398 | 583,677 | -76,023 | 54,018 | 460,974 | 407,021 | 130,159 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 9,320,671 | 5,430,941 | 2,571,939 | 1,624,746 | 1,683,581 | 604,743 | 528,914 | 85,621 | 599,398 | 583,677 | -76,023 | 54,018 | 460,974 | 407,021 | 130,159 |
| Employee Costs | 7,696,761 | 6,768,634 | 6,128,055 | 5,815,412 | 5,802,510 | 5,434,033 | 4,806,828 | 4,664,379 | 4,138,445 | 3,915,790 | 3,703,121 | 3,346,858 | 3,144,756 | 2,948,225 | 2,576,331 |
| Number Of Employees | 123 | 121 | 110 | 114 | 115 | 109 | 99 | 100 | 96 | 91 | 87 | 84 | 72 | 69 | 72 |
| EBITDA* | 13,955,681 | 8,426,467 | 4,206,043 | 2,313,320 | 2,330,692 | 361,474 | 905,230 | 269,104 | 974,126 | 843,421 | 25,371 | 322,492 | 892,837 | 816,625 | 357,844 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,097,113 | 3,131,328 | 2,970,848 | 2,735,265 | 2,885,923 | 3,072,515 | 3,145,424 | 3,149,906 | 2,752,447 | 2,772,546 | 2,811,161 | 503,583 | 561,183 | 662,307 | 787,873 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 129,985 | 149,477 | 149,477 | 229,104 | 283,006 | ||||||||||
| Total Fixed Assets | 3,097,113 | 3,131,328 | 2,970,848 | 2,735,265 | 2,885,923 | 3,072,515 | 3,145,424 | 3,149,906 | 2,752,447 | 2,772,546 | 2,941,146 | 653,060 | 710,660 | 891,411 | 1,070,879 |
| Stock & work in progress | 5,108,672 | 8,039,878 | 5,387,436 | 3,231,840 | 3,140,798 | 2,775,924 | 2,456,974 | 2,522,111 | 2,207,434 | 2,474,466 | 2,098,638 | 2,056,835 | 1,712,524 | 1,592,780 | 1,218,572 |
| Trade Debtors | 3,980,930 | 6,841,530 | 3,788,916 | 2,840,086 | 2,779,358 | 2,583,158 | 2,763,385 | 2,595,680 | 2,869,107 | 2,394,788 | 2,508,881 | 2,354,361 | 1,866,885 | 1,830,691 | 1,259,340 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 3,158,162 | 1,901,765 | 1,112,186 | 1,161,136 | 887,655 | 947,519 | 936,064 | 847,005 | 598,336 | 658,455 | 877,325 | 674,268 | 553,256 | 563,138 | 554,472 |
| Cash | 24,206,931 | 10,537,724 | 7,975,949 | 7,605,595 | 5,553,748 | 4,129,052 | 3,592,446 | 2,146,727 | 2,774,434 | 1,634,905 | 1,131,839 | 879,608 | 1,456,612 | 941,116 | 1,561,700 |
| misc current assets | 17,899 | ||||||||||||||
| total current assets | 36,454,695 | 27,320,897 | 18,264,487 | 14,838,657 | 12,361,559 | 10,435,653 | 9,748,869 | 8,129,422 | 8,449,311 | 7,162,614 | 6,616,683 | 5,965,072 | 5,589,277 | 4,927,725 | 4,594,084 |
| total assets | 39,551,808 | 30,452,225 | 21,235,335 | 17,573,922 | 15,247,482 | 13,508,168 | 12,894,293 | 11,279,328 | 11,201,758 | 9,935,160 | 9,557,829 | 6,618,132 | 6,299,937 | 5,819,136 | 5,664,963 |
| Bank overdraft | 19,675 | 19,080 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 584,141 | 2,608,407 | 895,072 | 496,483 | 363,124 | 699,224 | 881,737 | 558,998 | 625,027 | 379,668 | 1,026,423 | 946,098 | 308,662 | 298,312 | 597,772 |
| Group/Directors Accounts | 10,118 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 7,044,629 | 5,064,587 | 3,461,757 | 2,444,745 | 2,303,432 | 1,768,074 | 1,615,683 | 1,166,556 | 1,628,361 | 1,163,725 | 673,663 | 562,111 | 634,241 | 572,328 | 575,546 |
| total current liabilities | 7,638,888 | 7,672,994 | 4,356,829 | 2,941,228 | 2,666,556 | 2,467,298 | 2,497,420 | 1,725,554 | 2,253,388 | 1,543,393 | 1,700,086 | 1,508,209 | 962,578 | 889,720 | 1,173,318 |
| loans | 259,011 | 287,256 | 335,295 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 2,800,000 | ||||||||||||||
| provisions | 1,377,065 | 1,281,239 | 1,204,674 | 1,214,099 | 968,601 | 1,017,831 | 1,014,531 | 783,360 | 563,273 | 519,351 | 469,096 | 477,512 | 462,695 | 455,818 | 395,830 |
| total long term liabilities | 1,377,065 | 1,281,239 | 1,204,674 | 1,214,099 | 968,601 | 1,017,831 | 1,014,531 | 783,360 | 563,273 | 519,351 | 3,269,096 | 477,512 | 721,706 | 743,074 | 731,125 |
| total liabilities | 9,015,953 | 8,954,233 | 5,561,503 | 4,155,327 | 3,635,157 | 3,485,129 | 3,511,951 | 2,508,914 | 2,816,661 | 2,062,744 | 4,969,182 | 1,985,721 | 1,684,284 | 1,632,794 | 1,904,443 |
| net assets | 30,535,855 | 21,497,992 | 15,673,832 | 13,418,595 | 11,612,325 | 10,023,039 | 9,382,342 | 8,770,414 | 8,385,097 | 7,872,416 | 4,588,647 | 4,632,411 | 4,615,653 | 4,186,342 | 3,760,520 |
| total shareholders funds | 30,535,855 | 21,497,992 | 15,673,832 | 13,418,595 | 11,612,325 | 10,023,039 | 9,382,342 | 8,770,414 | 8,385,097 | 7,872,416 | 4,588,647 | 4,632,411 | 4,615,653 | 4,186,342 | 3,760,520 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 13,552,365 | 7,960,633 | 3,885,964 | 2,313,320 | 2,114,333 | 163,866 | 705,478 | 144,554 | 808,726 | 724,373 | -66,964 | 143,779 | 715,520 | 626,745 | 232,924 |
| Depreciation | 403,316 | 465,834 | 320,079 | 216,359 | 197,608 | 199,752 | 124,550 | 165,400 | 119,048 | 92,335 | 178,713 | 177,317 | 189,880 | 124,920 | |
| Amortisation | |||||||||||||||
| Tax | -4,442,929 | -2,574,892 | -1,314,234 | -694,479 | -439,941 | -118,805 | -178,151 | -61,860 | -211,583 | -129,026 | -10,355 | -89,378 | -239,618 | -200,005 | -88,292 |
| Stock | -2,931,206 | 2,652,442 | 2,155,596 | 91,042 | 364,874 | 318,950 | -65,137 | 314,677 | -267,032 | 375,828 | 41,803 | 344,311 | 119,744 | 374,208 | 1,218,572 |
| Debtors | -1,604,203 | 3,842,193 | 899,880 | 334,209 | 136,336 | -168,772 | 256,764 | -24,758 | 414,200 | -462,948 | 338,085 | 608,488 | -53,315 | 526,115 | 2,096,818 |
| Creditors | -2,024,266 | 1,713,335 | 398,589 | 133,359 | -336,100 | -182,513 | 322,739 | -66,029 | 245,359 | -646,755 | 80,325 | 637,436 | 10,350 | -299,460 | 597,772 |
| Accruals and Deferred Income | 1,980,042 | 1,602,830 | 1,017,012 | 141,313 | 535,358 | 152,391 | 449,127 | -461,805 | 464,636 | 490,062 | 111,552 | -72,130 | 61,913 | -3,218 | 575,546 |
| Deferred Taxes & Provisions | 95,826 | 76,565 | -9,425 | 245,498 | -49,230 | 3,300 | 231,171 | 220,087 | 43,922 | 50,255 | -8,416 | 14,817 | 6,877 | 59,988 | 395,830 |
| Cash flow from operations | 14,099,763 | 2,749,670 | 1,242,509 | 1,713,760 | 1,539,569 | 65,669 | 1,538,489 | -390,422 | 1,369,292 | 695,077 | -181,411 | -139,562 | 665,930 | -526,393 | -1,476,690 |
| Investing Activities | |||||||||||||||
| capital expenditure | -126,876 | -195,272 | -522,009 | -144,735 | -86,765 | -2,400,516 | -121,113 | -76,193 | -64,314 | -330,236 | |||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -126,876 | -195,272 | -522,009 | -144,735 | -86,765 | -2,400,516 | -121,113 | -76,193 | -64,314 | -330,236 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 10,118 | ||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -259,011 | -28,245 | -48,039 | 335,295 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -2,800,000 | 2,800,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | 211,235 | 45,200 | 209 | 5,905 | 9,189 | 6,087 | 1,587 | 2,927 | 2,255 | -11,670 | 1,296 | -383 | -15,288 | -19,719 | -14,473 |
| cash flow from financing | -61,455 | 438,419 | -316,493 | 187,429 | -85,106 | 42,041 | 84,601 | 302,623 | -84,462 | -111,578 | 2,833,555 | -296,654 | -75,196 | -48,957 | 3,951,183 |
| cash and cash equivalents | |||||||||||||||
| cash | 13,669,207 | 2,561,775 | 370,354 | 2,051,847 | 1,424,696 | 536,606 | 1,445,719 | -627,707 | 1,139,529 | 503,066 | 252,231 | -577,004 | 515,496 | -620,584 | 1,561,700 |
| overdraft | -19,675 | 595 | 19,080 | ||||||||||||
| change in cash | 13,669,207 | 2,561,775 | 370,354 | 2,051,847 | 1,424,696 | 536,606 | 1,445,719 | -627,707 | 1,139,529 | 503,066 | 252,231 | -557,329 | 514,901 | -639,664 | 1,561,700 |
airflow developments limited Credit Report and Business Information
Airflow Developments Limited Competitor Analysis
Perform a competitor analysis for airflow developments limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in HP12 area or any other competitors across 12 key performance metrics.
airflow developments limited Ownership
AIRFLOW DEVELOPMENTS LIMITED group structure
Airflow Developments Limited has no subsidiary companies.
Ultimate parent company
M4 VERWALTUNGS GMBH
#0074322
TOP AIR AG
#0069144
2 parents
AIRFLOW DEVELOPMENTS LIMITED
00550374
airflow developments limited directors
Airflow Developments Limited currently has 3 directors. The longest serving directors include Mr Jurgen Muller (Apr 2008) and Mr Gunther Muller (Apr 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jurgen Muller | Germany | 57 years | Apr 2008 | - | Director |
| Mr Gunther Muller | Germany | 56 years | Apr 2008 | - | Director |
| Mr Alan Siggins | England | 59 years | May 2008 | - | Director |
P&L
December 2023turnover
82m
+64%
operating profit
13.6m
+70%
gross margin
30.5%
-14.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
30.5m
+0.42%
total assets
39.6m
+0.3%
cash
24.2m
+1.3%
net assets
Total assets minus all liabilities
Similar Companies
airflow developments limited company details
company number
00550374
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
incorporation date
June 1955
age
70
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
HAINES WATTS HIGH WYCOMBE LIMITED
address
aidelle house, lancaster road, cressex business park, high wycombe, buckinghamshire, HP12 3QP
Bank
HSBC BANK PLC
Legal Advisor
-
airflow developments limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to airflow developments limited. Currently there are 0 open charges and 2 have been satisfied in the past.
airflow developments limited Capital Raised & Share Issues BETA
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airflow developments limited Companies House Filings - See Documents
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