harrods aviation limited
harrods aviation limited Company Information
Company Number
02043317
Next Accounts
Nov 2025
Shareholders
harrods aviation holdings ltd
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
87-135 brompton road, knightsbridge, london, SW1X 7XL
Website
www.harrodsaviation.comharrods aviation limited Estimated Valuation
Pomanda estimates the enterprise value of HARRODS AVIATION LIMITED at £126.6m based on a Turnover of £78.8m and 1.61x industry multiple (adjusted for size and gross margin).
harrods aviation limited Estimated Valuation
Pomanda estimates the enterprise value of HARRODS AVIATION LIMITED at £98.3m based on an EBITDA of £9.3m and a 10.58x industry multiple (adjusted for size and gross margin).
harrods aviation limited Estimated Valuation
Pomanda estimates the enterprise value of HARRODS AVIATION LIMITED at £27.2m based on Net Assets of £13.9m and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Harrods Aviation Limited Overview
Harrods Aviation Limited is a live company located in london, SW1X 7XL with a Companies House number of 02043317. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 1986, it's largest shareholder is harrods aviation holdings ltd with a 100% stake. Harrods Aviation Limited is a mature, large sized company, Pomanda has estimated its turnover at £78.8m with rapid growth in recent years.
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Harrods Aviation Limited Health Check
Pomanda's financial health check has awarded Harrods Aviation Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £78.8m, make it larger than the average company (£890.3k)
£78.8m - Harrods Aviation Limited
£890.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (9%)
37% - Harrods Aviation Limited
9% - Industry AVG
Production
with a gross margin of 46.6%, this company has a comparable cost of product (40.2%)
46.6% - Harrods Aviation Limited
40.2% - Industry AVG
Profitability
an operating margin of 9% make it more profitable than the average company (6%)
9% - Harrods Aviation Limited
6% - Industry AVG
Employees
with 275 employees, this is above the industry average (14)
275 - Harrods Aviation Limited
14 - Industry AVG
Pay Structure
on an average salary of £50.3k, the company has a higher pay structure (£30.7k)
£50.3k - Harrods Aviation Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £286.6k, this is more efficient (£89.7k)
£286.6k - Harrods Aviation Limited
£89.7k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is near the average (30 days)
25 days - Harrods Aviation Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (38 days)
13 days - Harrods Aviation Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (34 days)
5 days - Harrods Aviation Limited
34 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is less cash available to meet short term requirements (47 weeks)
22 weeks - Harrods Aviation Limited
47 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.1%, this is a higher level of debt than the average (42.9%)
63.1% - Harrods Aviation Limited
42.9% - Industry AVG
HARRODS AVIATION LIMITED financials
Harrods Aviation Limited's latest turnover from February 2024 is £78.8 million and the company has net assets of £13.9 million. According to their latest financial statements, Harrods Aviation Limited has 275 employees and maintains cash reserves of £6.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Feb 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 78,814,000 | 82,712,000 | 37,755,000 | 30,929,000 | 58,377,000 | 55,365,000 | 55,666,000 | 52,246,000 | 46,643,000 | 49,346,000 | 47,721,000 | 46,859,000 | 41,739,000 | 34,237,000 | 28,496,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 42,072,000 | 50,118,000 | 18,599,000 | 14,121,000 | 30,499,000 | 28,511,000 | 28,592,000 | 28,066,000 | 25,566,000 | 30,167,000 | 29,789,000 | 29,056,000 | 25,622,000 | 19,302,000 | 13,706,000 |
| Gross Profit | 36,742,000 | 32,594,000 | 19,156,000 | 16,808,000 | 27,878,000 | 26,854,000 | 27,074,000 | 24,180,000 | 21,077,000 | 19,179,000 | 17,932,000 | 17,803,000 | 16,117,000 | 14,935,000 | 14,790,000 |
| Admin Expenses | 29,651,000 | 22,833,000 | 16,717,000 | 17,056,000 | 21,684,000 | 23,700,000 | 22,905,000 | 20,711,000 | 21,004,000 | 20,316,000 | 19,993,000 | 18,402,000 | 17,290,000 | 16,903,000 | |
| Operating Profit | 7,091,000 | 9,761,000 | 2,439,000 | -248,000 | 6,194,000 | 3,154,000 | 4,169,000 | 3,469,000 | 73,000 | -1,137,000 | -2,061,000 | -599,000 | -1,173,000 | -1,968,000 | |
| Interest Payable | 793,000 | 322,000 | 538,000 | 498,000 | 874,000 | 1,222,000 | 1,539,000 | 1,817,000 | 1,891,000 | 2,360,000 | 1,686,000 | 1,574,000 | 1,430,000 | 1,435,000 | 1,504,000 |
| Interest Receivable | 343,000 | 134,000 | 40,000 | 64,000 | 87,000 | 1,599,000 | 1,520,000 | 1,382,000 | 1,242,000 | 1,643,000 | 963,000 | 776,000 | 604,000 | 490,000 | 370,000 |
| Pre-Tax Profit | 7,641,000 | 9,573,000 | 1,941,000 | -682,000 | 5,407,000 | 3,531,000 | 4,150,000 | 3,034,000 | -576,000 | -1,854,000 | -2,784,000 | -1,397,000 | -1,999,000 | -2,913,000 | -1,977,000 |
| Tax | -2,032,000 | -2,030,000 | -463,000 | -71,000 | -1,181,000 | -1,203,000 | -1,228,000 | -991,000 | -538,000 | -311,000 | -220,000 | -713,000 | 279,000 | 648,000 | 879,000 |
| Profit After Tax | 5,609,000 | 7,543,000 | 1,478,000 | -753,000 | 4,226,000 | 2,328,000 | 2,922,000 | 2,043,000 | -1,114,000 | -2,165,000 | -3,004,000 | -2,110,000 | -1,720,000 | -2,265,000 | -1,098,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 5,609,000 | 7,543,000 | 1,478,000 | -753,000 | 4,226,000 | 2,328,000 | 2,922,000 | 2,043,000 | -1,114,000 | -2,165,000 | -3,004,000 | -2,110,000 | -1,720,000 | -2,265,000 | -1,098,000 |
| Employee Costs | 13,830,000 | 11,505,000 | 9,541,000 | 10,111,000 | 11,336,000 | 11,017,000 | 10,954,000 | 9,955,000 | 9,405,000 | 9,251,000 | 9,041,000 | 8,416,000 | 7,633,000 | 7,142,000 | 7,238,000 |
| Number Of Employees | 275 | 256 | 244 | 252 | 253 | 250 | 248 | 233 | 222 | 212 | 214 | 200 | 202 | 210 | 216 |
| EBITDA* | 9,296,000 | 11,224,000 | 3,978,000 | 1,322,000 | 7,739,000 | 4,685,000 | 5,839,000 | 4,996,000 | 1,615,000 | 403,000 | -584,000 | 787,000 | 164,000 | -625,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Feb 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,561,000 | 3,493,000 | 4,577,000 | 5,983,000 | 7,362,000 | 7,862,000 | 8,424,000 | 9,592,000 | 10,059,000 | 10,935,000 | 11,830,000 | 12,289,000 | 12,789,000 | 13,591,000 | 14,483,000 |
| Intangible Assets | 7,462,000 | 38,000 | 48,000 | 71,000 | 85,000 | 57,000 | 39,000 | 44,000 | 24,000 | 39,000 | |||||
| Investments & Other | 984,000 | 19,544,000 | 3,240,000 | 2,031,000 | 2,397,000 | 2,200,000 | 253,000 | 569,000 | |||||||
| Debtors (Due After 1 year) | 2,364,000 | 612,000 | 3,117,000 | 3,109,000 | 2,588,000 | 2,041,000 | 2,625,000 | 3,726,000 | |||||||
| Total Fixed Assets | 21,007,000 | 25,439,000 | 7,865,000 | 8,085,000 | 9,844,000 | 10,119,000 | 8,716,000 | 9,636,000 | 11,264,000 | 14,091,000 | 14,939,000 | 14,877,000 | 14,830,000 | 16,216,000 | 18,209,000 |
| Stock & work in progress | 653,000 | 598,000 | 229,000 | 198,000 | 1,505,000 | 630,000 | 626,000 | 696,000 | 1,470,000 | 1,141,000 | 1,061,000 | 2,672,000 | 1,153,000 | 849,000 | 884,000 |
| Trade Debtors | 5,614,000 | 4,862,000 | 3,408,000 | 3,020,000 | 6,072,000 | 3,719,000 | 4,225,000 | 8,856,000 | 4,916,000 | 3,599,000 | 3,462,000 | 3,808,000 | 3,955,000 | 3,398,000 | 5,901,000 |
| Group Debtors | 18,000 | 116,000 | 912,000 | 615,000 | |||||||||||
| Misc Debtors | 4,252,000 | 1,889,000 | 1,484,000 | 1,163,000 | 1,789,000 | 1,954,000 | 4,403,000 | 1,778,000 | 1,585,000 | 1,618,000 | 2,127,000 | 2,822,000 | 1,460,000 | 2,136,000 | |
| Cash | 6,072,000 | 5,089,000 | 4,502,000 | 1,705,000 | 1,158,000 | 1,000,000 | 1,392,000 | 2,884,000 | 639,000 | 285,000 | 90,000 | 504,000 | 433,000 | 539,000 | 675,000 |
| misc current assets | |||||||||||||||
| total current assets | 16,609,000 | 12,438,000 | 9,623,000 | 6,202,000 | 10,524,000 | 7,303,000 | 10,646,000 | 12,436,000 | 8,803,000 | 6,610,000 | 6,231,000 | 9,111,000 | 8,363,000 | 7,158,000 | 10,211,000 |
| total assets | 37,616,000 | 37,877,000 | 17,488,000 | 14,287,000 | 20,368,000 | 17,422,000 | 19,362,000 | 22,072,000 | 20,067,000 | 20,701,000 | 21,170,000 | 23,988,000 | 23,193,000 | 23,374,000 | 28,420,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,511,000 | 1,227,000 | 782,000 | 1,984,000 | 2,662,000 | 750,000 | 6,931,000 | 7,827,000 | 2,578,000 | 1,723,000 | 2,437,000 | 2,262,000 | 1,134,000 | 2,060,000 | 1,499,000 |
| Group/Directors Accounts | 4,237,000 | 2,527,000 | 104,000 | 62,000 | 287,000 | 104,000 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 10,000 | 91,000 | 132,000 | 16,000 | 101,000 | 123,000 | |||||||||
| other current liabilities | 7,999,000 | 7,587,000 | 4,355,000 | 2,618,000 | 6,913,000 | 5,732,000 | 2,495,000 | 2,127,000 | 1,591,000 | 3,789,000 | 3,560,000 | 2,126,000 | 2,355,000 | ||
| total current liabilities | 13,747,000 | 11,341,000 | 5,137,000 | 4,602,000 | 9,575,000 | 6,482,000 | 6,931,000 | 7,827,000 | 5,187,000 | 3,941,000 | 4,222,000 | 6,354,000 | 4,899,000 | 4,309,000 | 3,854,000 |
| loans | 10,000,000 | 18,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 14,500,000 | 20,000,000 | 24,264,000 | 26,264,000 | 27,264,000 | 24,764,000 | 22,097,000 | 20,596,000 | 19,153,000 | 22,116,000 |
| hp & lease commitments | 10,000 | 101,000 | 222,000 | 12,000 | 93,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 132,000 | 101,000 | 50,000 | 56,000 | 120,000 | 33,000 | |||||||||
| total long term liabilities | 10,000,000 | 18,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 14,500,000 | 20,000,000 | 24,773,000 | 26,365,000 | 27,548,000 | 24,921,000 | 22,319,000 | 20,608,000 | 19,366,000 | 22,317,000 |
| total liabilities | 23,747,000 | 29,341,000 | 15,137,000 | 14,602,000 | 19,575,000 | 20,982,000 | 26,931,000 | 32,600,000 | 31,552,000 | 31,489,000 | 29,143,000 | 28,673,000 | 25,507,000 | 23,675,000 | 26,171,000 |
| net assets | 13,869,000 | 8,536,000 | 2,351,000 | -315,000 | 793,000 | -3,560,000 | -7,569,000 | -10,528,000 | -11,485,000 | -10,788,000 | -7,973,000 | -4,685,000 | -2,314,000 | -301,000 | 2,249,000 |
| total shareholders funds | 13,869,000 | 8,536,000 | 2,351,000 | -315,000 | 793,000 | -3,560,000 | -7,569,000 | -10,528,000 | -11,485,000 | -10,788,000 | -7,973,000 | -4,685,000 | -2,314,000 | -301,000 | 2,249,000 |
| Feb 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Feb 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 7,091,000 | 9,761,000 | 2,439,000 | -248,000 | 6,194,000 | 3,154,000 | 4,169,000 | 3,469,000 | 73,000 | -1,137,000 | -2,061,000 | -599,000 | -1,173,000 | -1,968,000 | |
| Depreciation | 1,793,000 | 1,443,000 | 1,516,000 | 1,545,000 | 1,512,000 | 1,510,000 | 1,558,000 | 1,525,000 | 1,542,000 | 1,540,000 | 1,477,000 | 1,386,000 | 1,337,000 | 1,343,000 | 1,273,000 |
| Amortisation | 412,000 | 20,000 | 23,000 | 25,000 | 33,000 | 21,000 | 112,000 | 2,000 | |||||||
| Tax | -2,032,000 | -2,030,000 | -463,000 | -71,000 | -1,181,000 | -1,203,000 | -1,228,000 | -991,000 | -538,000 | -311,000 | -220,000 | -713,000 | 279,000 | 648,000 | 879,000 |
| Stock | 55,000 | 369,000 | 31,000 | -1,307,000 | 875,000 | 4,000 | -70,000 | -774,000 | 329,000 | 80,000 | -1,611,000 | 1,519,000 | 304,000 | -35,000 | 884,000 |
| Debtors | 769,000 | 4,223,000 | 593,000 | -3,562,000 | 2,188,000 | -2,955,000 | -228,000 | 1,550,000 | -995,000 | 112,000 | -334,000 | -295,000 | 423,000 | -3,983,000 | 12,378,000 |
| Creditors | 284,000 | 445,000 | -1,202,000 | -678,000 | 1,912,000 | -6,181,000 | -896,000 | 5,249,000 | 855,000 | -714,000 | 175,000 | 1,128,000 | -926,000 | 561,000 | 1,499,000 |
| Accruals and Deferred Income | 412,000 | 3,232,000 | 1,737,000 | -4,295,000 | 1,181,000 | 5,732,000 | -2,495,000 | 368,000 | 536,000 | -2,198,000 | 229,000 | 1,434,000 | -229,000 | 2,355,000 | |
| Deferred Taxes & Provisions | -132,000 | 31,000 | 51,000 | -6,000 | 56,000 | -120,000 | 87,000 | 33,000 | |||||||
| Cash flow from operations | 7,136,000 | 8,279,000 | 3,426,000 | 1,147,000 | 6,588,000 | 5,984,000 | 3,881,000 | 6,014,000 | 3,017,000 | -284,000 | -826,000 | 207,000 | 104,000 | 4,460,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -18,560,000 | 16,304,000 | 1,209,000 | -366,000 | 197,000 | 1,947,000 | 253,000 | -569,000 | 569,000 | ||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 1,710,000 | 2,527,000 | -104,000 | 104,000 | -62,000 | -225,000 | 183,000 | 104,000 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -8,000,000 | 8,000,000 | -4,500,000 | -5,500,000 | -4,264,000 | -2,000,000 | -1,000,000 | 2,500,000 | 2,667,000 | 1,501,000 | 1,443,000 | -2,963,000 | 22,116,000 | ||
| Hire Purchase and Lease Commitments | -10,000 | -91,000 | -132,000 | -5,000 | 125,000 | -103,000 | 216,000 | ||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -450,000 | -188,000 | -498,000 | -434,000 | -787,000 | 377,000 | -19,000 | -435,000 | -649,000 | -717,000 | -723,000 | -798,000 | -826,000 | -945,000 | -1,134,000 |
| cash flow from financing | -7,016,000 | 8,981,000 | 690,000 | -789,000 | -5,160,000 | -3,442,000 | -4,246,000 | -3,635,000 | -1,219,000 | 939,000 | 1,430,000 | 750,000 | 325,000 | -3,977,000 | 24,329,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 983,000 | 587,000 | 2,797,000 | 547,000 | 158,000 | -392,000 | -1,492,000 | 2,245,000 | 354,000 | 195,000 | -414,000 | 71,000 | -106,000 | -136,000 | 675,000 |
| overdraft | |||||||||||||||
| change in cash | 983,000 | 587,000 | 2,797,000 | 547,000 | 158,000 | -392,000 | -1,492,000 | 2,245,000 | 354,000 | 195,000 | -414,000 | 71,000 | -106,000 | -136,000 | 675,000 |
harrods aviation limited Credit Report and Business Information
Harrods Aviation Limited Competitor Analysis
Perform a competitor analysis for harrods aviation limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other large companies, companies in SW1X area or any other competitors across 12 key performance metrics.
harrods aviation limited Ownership
HARRODS AVIATION LIMITED group structure
Harrods Aviation Limited has 2 subsidiary companies.
Ultimate parent company
QATAR HOLDING LLC
#0128185
2 parents
HARRODS AVIATION LIMITED
02043317
2 subsidiaries
harrods aviation limited directors
Harrods Aviation Limited currently has 6 directors. The longest serving directors include Mr Paul Norton (Jun 2007) and Mr Michael Ward (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Norton | England | 58 years | Jun 2007 | - | Director |
| Mr Michael Ward | 68 years | Jun 2014 | - | Director | |
| Mr David Dimmock | England | 59 years | Feb 2022 | - | Director |
| Mr Daniel Holian | England | 42 years | Feb 2022 | - | Director |
| Mr Andrew Spurway | England | 58 years | Feb 2022 | - | Director |
| Mr Timothy Parker | 44 years | Jul 2022 | - | Director |
P&L
February 2024turnover
78.8m
-5%
operating profit
7.1m
-27%
gross margin
46.7%
+18.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
13.9m
+0.62%
total assets
37.6m
-0.01%
cash
6.1m
+0.19%
net assets
Total assets minus all liabilities
harrods aviation limited company details
company number
02043317
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
August 1986
age
39
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2024
previous names
metro business aviation limited (May 2003)
hunting business aviation limited (November 1995)
See moreaccountant
-
auditor
-
address
87-135 brompton road, knightsbridge, london, SW1X 7XL
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
harrods aviation 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 did not find charges/mortgages relating to harrods aviation limited.
harrods aviation limited Capital Raised & Share Issues BETA
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harrods aviation limited Companies House Filings - See Documents
| date | description | view/download |
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