exeter and devon airport limited Company Information
Company Number
02148705
Next Accounts
Dec 2025
Industry
Service activities incidental to air transportation
Shareholders
regional & city airports (investments) limited
Group Structure
View All
Contact
Registered Address
airport house exeter airport, exeter, devon, EX5 2BD
Website
www.exeter-airport.co.ukexeter and devon airport limited Estimated Valuation
Pomanda estimates the enterprise value of EXETER AND DEVON AIRPORT LIMITED at £36.9m based on a Turnover of £20.8m and 1.77x industry multiple (adjusted for size and gross margin).
exeter and devon airport limited Estimated Valuation
Pomanda estimates the enterprise value of EXETER AND DEVON AIRPORT LIMITED at £25.1m based on an EBITDA of £2.6m and a 9.51x industry multiple (adjusted for size and gross margin).
exeter and devon airport limited Estimated Valuation
Pomanda estimates the enterprise value of EXETER AND DEVON AIRPORT LIMITED at £42.9m based on Net Assets of £15.7m and 2.73x industry multiple (adjusted for liquidity).
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Exeter And Devon Airport Limited Overview
Exeter And Devon Airport Limited is a live company located in devon, EX5 2BD with a Companies House number of 02148705. It operates in the service activities incidental to air transportation sector, SIC Code 52230. Founded in July 1987, it's largest shareholder is regional & city airports (investments) limited with a 100% stake. Exeter And Devon Airport Limited is a mature, large sized company, Pomanda has estimated its turnover at £20.8m with rapid growth in recent years.
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Exeter And Devon Airport Limited Health Check
Pomanda's financial health check has awarded Exeter And Devon Airport Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £20.8m, make it in line with the average company (£17.9m)
£20.8m - Exeter And Devon Airport Limited
£17.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (14.3%)
48% - Exeter And Devon Airport Limited
14.3% - Industry AVG
Production
with a gross margin of 70.5%, this company has a lower cost of product (31.8%)
70.5% - Exeter And Devon Airport Limited
31.8% - Industry AVG
Profitability
an operating margin of 4.9% make it less profitable than the average company (6.6%)
4.9% - Exeter And Devon Airport Limited
6.6% - Industry AVG
Employees
with 275 employees, this is above the industry average (70)
275 - Exeter And Devon Airport Limited
70 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has a lower pay structure (£57.4k)
£29.9k - Exeter And Devon Airport Limited
£57.4k - Industry AVG
Efficiency
resulting in sales per employee of £75.6k, this is less efficient (£200.2k)
£75.6k - Exeter And Devon Airport Limited
£200.2k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (38 days)
40 days - Exeter And Devon Airport Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is close to average (25 days)
24 days - Exeter And Devon Airport Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (30 days)
11 days - Exeter And Devon Airport Limited
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (20 weeks)
36 weeks - Exeter And Devon Airport Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.3%, this is a similar level of debt than the average (62.1%)
56.3% - Exeter And Devon Airport Limited
62.1% - Industry AVG
EXETER AND DEVON AIRPORT LIMITED financials
Exeter And Devon Airport Limited's latest turnover from March 2024 is £20.8 million and the company has net assets of £15.7 million. According to their latest financial statements, Exeter And Devon Airport Limited has 275 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 20,788,000 | 20,801,000 | 11,218,000 | 6,438,000 | 24,244,000 | 23,921,000 | 21,398,000 | 19,372,000 | 17,921,000 | 19,031,000 | 23,411,000 | 19,107,000 | 21,442,000 | 19,229,000 | 16,965,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Cost Of Sales | 6,124,000 | 7,484,000 | 2,048,000 | 512,000 | 7,328,000 | 7,536,000 | 5,757,000 | 4,308,000 | 4,278,000 | ||||||
Gross Profit | 14,664,000 | 13,317,000 | 9,170,000 | 5,926,000 | 16,916,000 | 16,385,000 | 15,641,000 | 15,064,000 | 13,643,000 | ||||||
Admin Expenses | 13,638,000 | 14,314,000 | 10,627,000 | 9,256,000 | 17,444,000 | 12,002,000 | 14,275,000 | 13,833,000 | 12,779,000 | ||||||
Operating Profit | 1,026,000 | -997,000 | -1,457,000 | -3,330,000 | -528,000 | 4,383,000 | 1,366,000 | 1,231,000 | 864,000 | 724,000 | -549,000 | -321,000 | 624,000 | 632,000 | 408,000 |
Interest Payable | 999,000 | 745,000 | 584,000 | 384,000 | 453,000 | 275,000 | 38,000 | 38,000 | 420,000 | 465,000 | 653,000 | 241,000 | 658,000 | 236,000 | 460,000 |
Interest Receivable | 465,000 | 110,000 | 1,000 | 0 | 99,000 | 46,000 | 69,000 | 46,000 | 18,000 | 4,000 | 449,000 | 1,000 | 347,000 | 558,000 | 476,000 |
Pre-Tax Profit | 492,000 | -1,632,000 | -2,040,000 | -3,714,000 | -882,000 | 4,154,000 | 1,322,000 | 1,239,000 | 802,000 | 738,000 | -1,642,000 | -561,000 | 313,000 | 619,000 | -387,000 |
Tax | -289,000 | 407,000 | -32,000 | 665,000 | 110,000 | -819,000 | -392,000 | -492,000 | -433,000 | -362,000 | -154,000 | 35,000 | 275,000 | 210,000 | 7,000 |
Profit After Tax | 203,000 | -1,225,000 | -2,072,000 | -3,049,000 | -772,000 | 3,335,000 | 930,000 | 747,000 | 369,000 | 376,000 | -1,796,000 | -526,000 | 588,000 | 829,000 | -380,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 203,000 | -1,225,000 | -2,072,000 | -3,049,000 | -772,000 | 3,335,000 | 930,000 | 747,000 | 369,000 | 376,000 | -1,796,000 | -526,000 | 588,000 | 829,000 | -380,000 |
Employee Costs | 8,226,000 | 7,396,000 | 5,956,000 | 6,998,000 | 8,418,000 | 8,218,000 | 7,400,000 | 7,245,000 | 6,842,000 | 7,005,000 | 8,750,000 | 6,967,000 | 7,107,000 | 6,859,000 | 7,039,000 |
Number Of Employees | 275 | 266 | 242 | 291 | 324 | 310 | 303 | 307 | 284 | 292 | 270 | 264 | 260 | 257 | 258 |
EBITDA* | 2,638,000 | 655,000 | 450,000 | -2,083,000 | 650,000 | 5,532,000 | 2,634,000 | 2,639,000 | 2,214,000 | 1,837,000 | 887,000 | 928,000 | 1,903,000 | 2,003,000 | 1,792,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 17,195,000 | 18,222,000 | 19,566,000 | 21,169,000 | 19,384,000 | 30,658,000 | 21,533,000 | 16,054,000 | 16,965,000 | 17,317,000 | 13,313,000 | 14,089,000 | 14,870,000 | 15,263,000 | 16,603,000 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 12,728,000 | 12,439,000 | 12,995,000 | 12,955,000 | 13,799,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 3,000 | 0 | 96,000 | 391,000 | 319,000 | 525,000 | 1,948,000 | 1,257,000 | 1,202,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 29,926,000 | 30,661,000 | 32,657,000 | 34,515,000 | 33,502,000 | 31,183,000 | 23,481,000 | 17,311,000 | 18,167,000 | 17,317,000 | 13,313,000 | 14,089,000 | 14,870,000 | 15,263,000 | 16,603,000 |
Stock & work in progress | 190,000 | 256,000 | 175,000 | 113,000 | 117,000 | 124,000 | 136,000 | 140,000 | 81,000 | 145,000 | 163,000 | 177,000 | 180,000 | 161,000 | 127,000 |
Trade Debtors | 2,304,000 | 2,252,000 | 1,263,000 | 686,000 | 2,105,000 | 2,969,000 | 1,961,000 | 2,054,000 | 1,748,000 | 1,633,000 | 2,228,000 | 1,393,000 | 1,551,000 | 1,796,000 | 1,302,000 |
Group Debtors | 0 | 0 | 0 | 0 | 73,000 | 0 | 0 | 0 | 13,000 | 0 | 0 | 193,000 | 193,000 | 193,000 | 193,000 |
Misc Debtors | 1,518,000 | 2,574,000 | 1,519,000 | 1,698,000 | 689,000 | 582,000 | 1,020,000 | 702,000 | 968,000 | 779,000 | 953,000 | 1,200,000 | 369,000 | 356,000 | 412,000 |
Cash | 2,039,000 | 1,885,000 | 2,488,000 | 4,038,000 | 2,093,000 | 4,207,000 | 1,885,000 | 4,765,000 | 1,956,000 | 2,790,000 | 1,144,000 | 1,246,000 | 1,926,000 | 2,629,000 | 1,950,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 180,000 | 0 | 0 | 0 | 0 | 0 | 834,000 | 615,000 | 455,000 |
total current assets | 6,051,000 | 6,967,000 | 5,445,000 | 6,535,000 | 5,077,000 | 7,882,000 | 5,182,000 | 7,661,000 | 4,766,000 | 5,347,000 | 4,488,000 | 4,209,000 | 5,053,000 | 5,750,000 | 4,439,000 |
total assets | 35,977,000 | 37,628,000 | 38,102,000 | 41,050,000 | 38,579,000 | 39,065,000 | 28,663,000 | 24,972,000 | 22,933,000 | 22,664,000 | 17,801,000 | 18,298,000 | 19,923,000 | 21,013,000 | 21,042,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 414,000 | 525,000 | 321,000 | 1,839,000 | 1,717,000 | 539,000 | 1,364,000 | 1,049,000 | 943,000 | 939,000 | 90,000 | 617,000 | 596,000 | 496,000 | 237,000 |
Group/Directors Accounts | 0 | 1,000 | 0 | 101,000 | 127,000 | 0 | 0 | 0 | 523,000 | 70,000 | 3,685,000 | 10,000 | 25,000 | 43,000 | 53,000 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 43,000 | 39,000 | 34,000 | 62,000 | 91,000 | 76,000 | 4,000 | 4,000 | 4,000 | 0 | 0 | 0 | 3,000 | 61,000 | 46,000 |
other current liabilities | 2,457,000 | 2,871,000 | 2,137,000 | 1,588,000 | 4,966,000 | 8,606,000 | 6,521,000 | 4,162,000 | 2,425,000 | 3,152,000 | 3,174,000 | 5,014,000 | 4,461,000 | 4,408,000 | 2,754,000 |
total current liabilities | 2,914,000 | 3,436,000 | 2,492,000 | 3,590,000 | 6,901,000 | 9,221,000 | 7,889,000 | 5,215,000 | 3,895,000 | 4,161,000 | 6,949,000 | 5,641,000 | 5,085,000 | 5,008,000 | 3,090,000 |
loans | 14,589,000 | 15,599,000 | 15,294,000 | 15,151,000 | 6,497,000 | 3,329,000 | 0 | 0 | 0 | 0 | 0 | 3,185,000 | 5,024,000 | 6,934,000 | 9,795,000 |
hp & lease commitments | 71,000 | 115,000 | 154,000 | 188,000 | 215,000 | 306,000 | 7,000 | 11,000 | 15,000 | 0 | 0 | 0 | 0 | 4,000 | 52,000 |
Accruals and Deferred Income | 1,388,000 | 1,501,000 | 1,615,000 | 1,608,000 | 1,433,000 | 1,466,000 | 96,000 | 108,000 | 120,000 | 132,000 | 0 | 0 | 32,000 | 40,000 | 49,000 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 1,282,000 | 1,132,000 | 1,304,000 | 842,000 | 893,000 | 1,157,000 | 618,000 | 589,000 | 665,000 | 235,000 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 17,340,000 | 18,347,000 | 18,610,000 | 19,835,000 | 10,716,000 | 8,725,000 | 2,906,000 | 2,163,000 | 1,815,000 | 2,814,000 | 652,000 | 4,411,000 | 5,726,000 | 7,126,000 | 10,471,000 |
total liabilities | 20,254,000 | 21,783,000 | 21,102,000 | 23,425,000 | 17,617,000 | 17,946,000 | 10,795,000 | 7,378,000 | 5,710,000 | 6,975,000 | 7,601,000 | 10,052,000 | 10,811,000 | 12,134,000 | 13,561,000 |
net assets | 15,723,000 | 15,845,000 | 17,000,000 | 17,625,000 | 20,962,000 | 21,119,000 | 17,868,000 | 17,594,000 | 17,223,000 | 15,689,000 | 10,200,000 | 8,246,000 | 9,112,000 | 8,879,000 | 7,481,000 |
total shareholders funds | 15,723,000 | 15,845,000 | 17,000,000 | 17,625,000 | 20,962,000 | 21,119,000 | 17,868,000 | 17,594,000 | 17,223,000 | 15,689,000 | 10,200,000 | 8,246,000 | 9,112,000 | 8,879,000 | 7,481,000 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 1,026,000 | -997,000 | -1,457,000 | -3,330,000 | -528,000 | 4,383,000 | 1,366,000 | 1,231,000 | 864,000 | 724,000 | -549,000 | -321,000 | 624,000 | 632,000 | 408,000 |
Depreciation | 1,612,000 | 1,652,000 | 1,907,000 | 1,247,000 | 1,178,000 | 1,149,000 | 1,268,000 | 1,408,000 | 1,350,000 | 1,113,000 | 1,436,000 | 1,249,000 | 1,279,000 | 1,371,000 | 1,384,000 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -289,000 | 407,000 | -32,000 | 665,000 | 110,000 | -819,000 | -392,000 | -492,000 | -433,000 | -362,000 | -154,000 | 35,000 | 275,000 | 210,000 | 7,000 |
Stock | -66,000 | 81,000 | 62,000 | -4,000 | -7,000 | -12,000 | -4,000 | 59,000 | -64,000 | -18,000 | 163,000 | -3,000 | 19,000 | 34,000 | 127,000 |
Debtors | -1,001,000 | 1,948,000 | 103,000 | -411,000 | -890,000 | -853,000 | 916,000 | 82,000 | 1,519,000 | -769,000 | 3,181,000 | 673,000 | -232,000 | 438,000 | 1,907,000 |
Creditors | -111,000 | 204,000 | -1,518,000 | 122,000 | 1,178,000 | -825,000 | 315,000 | 106,000 | 4,000 | 849,000 | 90,000 | 21,000 | 100,000 | 259,000 | 237,000 |
Accruals and Deferred Income | -527,000 | 620,000 | 556,000 | -3,203,000 | -3,673,000 | 3,455,000 | 2,347,000 | 1,725,000 | -739,000 | 110,000 | 3,174,000 | 521,000 | 45,000 | 1,645,000 | 2,803,000 |
Deferred Taxes & Provisions | 150,000 | -172,000 | 462,000 | -51,000 | -264,000 | 539,000 | 29,000 | -76,000 | 430,000 | 235,000 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 2,928,000 | -315,000 | -247,000 | -4,135,000 | -1,102,000 | 8,747,000 | 4,021,000 | 3,761,000 | 21,000 | 3,456,000 | 653,000 | 835,000 | 2,536,000 | 3,645,000 | 2,805,000 |
Investing Activities | |||||||||||||||
capital expenditure | -503,000 | -881,000 | 1,150,000 | -985,000 | |||||||||||
Change in Investments | 289,000 | -556,000 | 40,000 | -844,000 | 13,799,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | -503,000 | -881,000 | 1,150,000 | -985,000 | |||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -1,000 | 1,000 | -101,000 | -26,000 | 127,000 | 0 | 0 | -523,000 | 453,000 | -3,615,000 | 3,685,000 | -15,000 | -18,000 | -10,000 | 53,000 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -1,010,000 | 305,000 | 143,000 | 8,654,000 | 3,168,000 | 3,329,000 | 0 | 0 | 0 | 0 | 0 | -1,839,000 | -1,910,000 | -2,861,000 | 9,795,000 |
Hire Purchase and Lease Commitments | -40,000 | -34,000 | -62,000 | -56,000 | -76,000 | 371,000 | -4,000 | -4,000 | 19,000 | 0 | 0 | -3,000 | -62,000 | -33,000 | 98,000 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | -534,000 | -635,000 | -583,000 | -384,000 | -354,000 | -229,000 | 31,000 | 8,000 | -402,000 | -461,000 | -204,000 | -240,000 | -311,000 | 322,000 | 16,000 |
cash flow from financing | -1,910,000 | -293,000 | 844,000 | 7,900,000 | 3,480,000 | 3,387,000 | -629,000 | -895,000 | 1,235,000 | 1,037,000 | 15,477,000 | -2,437,000 | -2,656,000 | -2,013,000 | 17,823,000 |
cash and cash equivalents | |||||||||||||||
cash | 154,000 | -603,000 | -1,550,000 | 1,945,000 | -2,114,000 | 2,322,000 | -2,880,000 | 2,809,000 | -834,000 | 1,646,000 | 1,144,000 | -680,000 | -703,000 | 679,000 | 1,950,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 154,000 | -603,000 | -1,550,000 | 1,945,000 | -2,114,000 | 2,322,000 | -2,880,000 | 2,809,000 | -834,000 | 1,646,000 | 1,144,000 | -680,000 | -703,000 | 679,000 | 1,950,000 |
exeter and devon airport limited Credit Report and Business Information
Exeter And Devon Airport Limited Competitor Analysis
Perform a competitor analysis for exeter and devon airport limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in EX5 area or any other competitors across 12 key performance metrics.
exeter and devon airport limited Ownership
EXETER AND DEVON AIRPORT LIMITED group structure
Exeter And Devon Airport Limited has no subsidiary companies.
Ultimate parent company
2 parents
EXETER AND DEVON AIRPORT LIMITED
02148705
exeter and devon airport limited directors
Exeter And Devon Airport Limited currently has 3 directors. The longest serving directors include Mr Andrew Bell (Apr 2015) and Mrs Katherine Cook (Jul 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Andrew Bell | England | 45 years | Apr 2015 | - | Director |
Mrs Katherine Cook | England | 45 years | Jul 2020 | - | Director |
Mr Stephen Wiltshire | England | 50 years | Nov 2021 | - | Director |
P&L
March 2024turnover
20.8m
0%
operating profit
1m
-203%
gross margin
70.6%
+10.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
15.7m
-0.01%
total assets
36m
-0.04%
cash
2m
+0.08%
net assets
Total assets minus all liabilities
exeter and devon airport limited company details
company number
02148705
Type
Private limited with Share Capital
industry
52230 - Service activities incidental to air transportation
incorporation date
July 1987
age
37
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
linkploy limited (September 1987)
accountant
-
auditor
DELOITTE LLP
address
airport house exeter airport, exeter, devon, EX5 2BD
Bank
BANK OF SCOTLAND PLC
Legal Advisor
-
exeter and devon airport 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 4 charges/mortgages relating to exeter and devon airport limited. Currently there are 2 open charges and 2 have been satisfied in the past.
exeter and devon airport limited Capital Raised & Share Issues BETA
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exeter and devon airport limited Companies House Filings - See Documents
date | description | view/download |
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