air harrods limited Company Information
Company Number
03165147
Next Accounts
Nov 2025
Industry
Non-scheduled passenger air transport
Shareholders
harrods aviation limited
Group Structure
View All
Contact
Registered Address
87-135 brompton road, knightsbridge, london, SW1X 7XL
Website
www.airharrods.comair harrods limited Estimated Valuation
Pomanda estimates the enterprise value of AIR HARRODS LIMITED at £1.5m based on a Turnover of £3.3m and 0.46x industry multiple (adjusted for size and gross margin).
air harrods limited Estimated Valuation
Pomanda estimates the enterprise value of AIR HARRODS LIMITED at £0 based on an EBITDA of £-18k and a 2.35x industry multiple (adjusted for size and gross margin).
air harrods limited Estimated Valuation
Pomanda estimates the enterprise value of AIR HARRODS LIMITED at £1.6m based on Net Assets of £637k and 2.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Air Harrods Limited Overview
Air Harrods Limited is a live company located in london, SW1X 7XL with a Companies House number of 03165147. It operates in the non-scheduled passenger air transport sector, SIC Code 51102. Founded in February 1996, it's largest shareholder is harrods aviation limited with a 100% stake. Air Harrods Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.3m with rapid growth in recent years.
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Air Harrods Limited Health Check
Pomanda's financial health check has awarded Air Harrods Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£8.3m)
£3.3m - Air Harrods Limited
£8.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (9.1%)
35% - Air Harrods Limited
9.1% - Industry AVG
Production
with a gross margin of 8.3%, this company has a higher cost of product (19.5%)
8.3% - Air Harrods Limited
19.5% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (2.3%)
-0.7% - Air Harrods Limited
2.3% - Industry AVG
Employees
with 10 employees, this is below the industry average (57)
10 - Air Harrods Limited
57 - Industry AVG
Pay Structure
on an average salary of £126.6k, the company has a higher pay structure (£60.5k)
£126.6k - Air Harrods Limited
£60.5k - Industry AVG
Efficiency
resulting in sales per employee of £332.6k, this is more efficient (£278.8k)
£332.6k - Air Harrods Limited
£278.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (31 days)
34 days - Air Harrods Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (33 days)
1 days - Air Harrods Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Air Harrods Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 61 weeks, this is more cash available to meet short term requirements (4 weeks)
61 weeks - Air Harrods Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.5%, this is a lower level of debt than the average (84.8%)
37.5% - Air Harrods Limited
84.8% - Industry AVG
AIR HARRODS LIMITED financials
Air Harrods Limited's latest turnover from February 2024 is £3.3 million and the company has net assets of £637 thousand. According to their latest financial statements, Air Harrods Limited has 10 employees and maintains cash reserves of £454 thousand 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 | 3,326,000 | 2,752,000 | 2,006,000 | 1,339,000 | 1,627,000 | 1,871,000 | 1,882,000 | 2,108,000 | 1,984,000 | 2,310,000 | 1,831,000 | 3,430,000 | 3,228,000 | 2,966,000 | 2,723,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 3,050,000 | 2,507,000 | 1,718,000 | 1,256,000 | 1,496,000 | 1,872,000 | 1,710,000 | 2,306,000 | 3,700,000 | 4,179,000 | 4,145,000 | 5,125,000 | 5,462,000 | 5,854,000 | 5,517,000 |
Gross Profit | 276,000 | 245,000 | 288,000 | 83,000 | 131,000 | -1,000 | 172,000 | -198,000 | -1,716,000 | -1,869,000 | -2,314,000 | -1,695,000 | -2,234,000 | -2,888,000 | -2,794,000 |
Admin Expenses | 298,000 | 51,000 | 58,000 | 30,000 | 98,000 | 91,000 | 69,000 | 62,000 | 224,000 | 212,000 | 346,000 | 617,000 | 330,000 | 343,000 | 386,000 |
Operating Profit | -22,000 | 194,000 | 230,000 | 53,000 | 33,000 | -92,000 | 103,000 | -260,000 | -1,940,000 | -2,081,000 | -2,660,000 | -2,312,000 | -2,564,000 | -3,231,000 | -3,180,000 |
Interest Payable | 0 | 0 | 0 | 0 | 0 | 1,567,000 | 1,520,000 | 0 | 1,241,000 | 1,288,000 | 1,105,000 | 824,000 | 642,000 | 533,000 | 451,000 |
Interest Receivable | 78,000 | 31,000 | 8,000 | 12,000 | 15,000 | 128,000 | 2,000 | 240,000 | 127,000 | 100,000 | 1,000 | 0 | 31,000 | 31,000 | 45,000 |
Pre-Tax Profit | 56,000 | 225,000 | 238,000 | 65,000 | 48,000 | -1,531,000 | -1,664,000 | -1,359,000 | -3,054,000 | -3,041,000 | -3,764,000 | -3,136,000 | -3,175,000 | -3,733,000 | -3,888,000 |
Tax | -12,000 | -60,000 | -46,000 | -18,000 | -9,000 | 292,000 | 322,000 | 272,000 | 671,000 | 591,000 | 915,000 | 790,000 | 863,000 | 1,069,000 | 1,099,000 |
Profit After Tax | 44,000 | 165,000 | 192,000 | 47,000 | 39,000 | -1,239,000 | -1,342,000 | -1,087,000 | -2,383,000 | -2,450,000 | -2,849,000 | -2,346,000 | -2,312,000 | -2,664,000 | -2,789,000 |
Dividends Paid | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -956,000 | 165,000 | 192,000 | 47,000 | 39,000 | -1,239,000 | -1,342,000 | -1,087,000 | -2,383,000 | -2,450,000 | -2,849,000 | -2,346,000 | -2,312,000 | -2,664,000 | -2,789,000 |
Employee Costs | 1,266,000 | 1,141,000 | 898,000 | 971,000 | 1,110,000 | 1,223,000 | 1,221,000 | 1,205,000 | 1,065,000 | 1,138,000 | 1,367,000 | 1,408,000 | 1,079,000 | 1,039,000 | 955,000 |
Number Of Employees | 10 | 10 | 9 | 10 | 11 | 11 | 12 | 12 | 12 | 12 | 14 | 12 | 12 | 11 | 11 |
EBITDA* | -18,000 | 196,000 | 231,000 | 54,000 | 34,000 | -91,000 | 103,000 | -259,000 | -1,909,000 | -1,663,000 | -2,542,000 | -2,193,000 | -2,447,000 | -3,113,000 | -3,061,000 |
* 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 | 6,000 | 10,000 | 2,000 | 3,000 | 3,000 | 1,000 | 2,000 | 2,000 | 3,000 | 2,569,000 | 2,988,000 | 3,103,000 | 3,207,000 | 3,319,000 | 3,436,000 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 185,000 | 342,000 | 609,000 | 382,000 | 450,000 | 413,000 | 48,000 | 0 | 113,000 | 0 | 0 | 0 | 0 | 0 | 95,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 304,000 | 345,000 | 279,000 | 417,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 191,000 | 352,000 | 611,000 | 385,000 | 453,000 | 718,000 | 395,000 | 281,000 | 533,000 | 2,569,000 | 2,988,000 | 3,103,000 | 3,207,000 | 3,319,000 | 3,531,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 316,000 | 460,000 | 87,000 | 440,000 | 353,000 | 174,000 | 262,000 | 299,000 | 393,000 | 3,095,000 | 586,000 | 219,000 | 205,000 | 226,000 | 296,000 |
Group Debtors | 21,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 903,000 | 779,000 | 877,000 | 1,086,000 | 1,152,000 |
Misc Debtors | 37,000 | 5,000 | 13,000 | 3,000 | 6,000 | 22,000 | 1,702,000 | 1,976,000 | 1,701,000 | 715,000 | 2,695,000 | 2,929,000 | 3,017,000 | 2,984,000 | 2,858,000 |
Cash | 454,000 | 1,237,000 | 1,273,000 | 637,000 | 671,000 | 561,000 | 40,000 | 1,144,000 | 160,000 | 107,000 | 64,000 | 437,000 | 148,000 | 79,000 | 112,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 828,000 | 1,702,000 | 1,373,000 | 1,080,000 | 1,030,000 | 757,000 | 2,004,000 | 3,419,000 | 2,254,000 | 3,917,000 | 4,248,000 | 4,364,000 | 4,247,000 | 4,375,000 | 4,418,000 |
total assets | 1,019,000 | 2,054,000 | 1,984,000 | 1,465,000 | 1,483,000 | 1,475,000 | 2,399,000 | 3,700,000 | 2,787,000 | 6,486,000 | 7,236,000 | 7,467,000 | 7,454,000 | 7,694,000 | 7,949,000 |
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 | 386,000 | 386,000 | 338,000 | 1,410,000 | 338,000 | 338,000 |
Trade Creditors | 9,000 | 83,000 | 2,000 | 3,000 | 5,000 | 0 | 2,000 | 30,000 | 27,000 | 58,000 | 102,000 | 110,000 | 484,000 | 274,000 | 247,000 |
Group/Directors Accounts | 107,000 | 87,000 | 57,000 | 11,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 266,000 | 296,000 | 247,000 | 189,000 | 192,000 | 256,000 | 190,000 | 219,000 | 179,000 | 359,000 | 202,000 | 507,000 | 353,000 | 425,000 | 419,000 |
total current liabilities | 382,000 | 466,000 | 306,000 | 203,000 | 201,000 | 256,000 | 192,000 | 249,000 | 206,000 | 803,000 | 690,000 | 955,000 | 2,247,000 | 1,037,000 | 1,004,000 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 21,621,000 | 20,363,000 | 17,475,000 | 17,597,000 | 15,546,000 | 12,609,000 | 8,898,000 | 8,580,000 | 7,355,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 444,000 | 1,540,000 | 2,332,000 | 2,968,000 | 3,360,000 | 3,382,000 | 3,412,000 | 2,834,000 | 1,537,000 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 22,065,000 | 21,974,000 | 19,807,000 | 20,609,000 | 18,906,000 | 15,991,000 | 12,310,000 | 11,414,000 | 8,892,000 |
total liabilities | 382,000 | 466,000 | 306,000 | 203,000 | 201,000 | 256,000 | 22,257,000 | 22,223,000 | 20,013,000 | 21,412,000 | 19,596,000 | 16,946,000 | 14,557,000 | 12,451,000 | 9,896,000 |
net assets | 637,000 | 1,588,000 | 1,678,000 | 1,262,000 | 1,282,000 | 1,219,000 | -19,858,000 | -18,523,000 | -17,226,000 | -14,926,000 | -12,360,000 | -9,479,000 | -7,103,000 | -4,757,000 | -1,947,000 |
total shareholders funds | 637,000 | 1,588,000 | 1,678,000 | 1,262,000 | 1,282,000 | 1,219,000 | -19,858,000 | -18,523,000 | -17,226,000 | -14,926,000 | -12,360,000 | -9,479,000 | -7,103,000 | -4,757,000 | -1,947,000 |
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 | -22,000 | 194,000 | 230,000 | 53,000 | 33,000 | -92,000 | 103,000 | -260,000 | -1,940,000 | -2,081,000 | -2,660,000 | -2,312,000 | -2,564,000 | -3,231,000 | -3,180,000 |
Depreciation | 4,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 0 | 1,000 | 31,000 | 418,000 | 118,000 | 119,000 | 117,000 | 118,000 | 119,000 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -12,000 | -60,000 | -46,000 | -18,000 | -9,000 | 292,000 | 322,000 | 272,000 | 671,000 | 591,000 | 915,000 | 790,000 | 863,000 | 1,069,000 | 1,099,000 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -91,000 | 365,000 | -343,000 | 84,000 | -141,000 | -1,809,000 | -245,000 | 43,000 | -1,299,000 | -374,000 | 257,000 | -172,000 | -197,000 | -10,000 | 4,306,000 |
Creditors | -74,000 | 81,000 | -1,000 | -2,000 | 5,000 | -2,000 | -28,000 | 3,000 | -31,000 | -44,000 | -8,000 | -374,000 | 210,000 | 27,000 | 247,000 |
Accruals and Deferred Income | -30,000 | 49,000 | 58,000 | -3,000 | -64,000 | 66,000 | -29,000 | 40,000 | -180,000 | 157,000 | -305,000 | 154,000 | -72,000 | 6,000 | 419,000 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -444,000 | -1,096,000 | -792,000 | -636,000 | -392,000 | -22,000 | -30,000 | 578,000 | 1,297,000 | 1,537,000 |
Cash flow from operations | -43,000 | -99,000 | 585,000 | -53,000 | 107,000 | 1,630,000 | -483,000 | -779,000 | -786,000 | -977,000 | -2,219,000 | -1,481,000 | -671,000 | -704,000 | -4,065,000 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -157,000 | -267,000 | 227,000 | -68,000 | 37,000 | 365,000 | 48,000 | -113,000 | 113,000 | 0 | 0 | 0 | 0 | -95,000 | 95,000 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -386,000 | 0 | 48,000 | -1,072,000 | 1,072,000 | 0 | 338,000 |
Group/Directors Accounts | 20,000 | 30,000 | 46,000 | 7,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | -21,621,000 | 1,258,000 | 2,888,000 | -122,000 | 2,051,000 | 2,937,000 | 3,711,000 | 318,000 | 1,225,000 | 7,355,000 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 78,000 | 31,000 | 8,000 | 12,000 | 15,000 | -1,439,000 | -1,518,000 | 240,000 | -1,114,000 | -1,188,000 | -1,104,000 | -824,000 | -611,000 | -502,000 | -406,000 |
cash flow from financing | 103,000 | -194,000 | 278,000 | -48,000 | 43,000 | -744,000 | -253,000 | 2,918,000 | -1,539,000 | 747,000 | 1,849,000 | 1,785,000 | 745,000 | 577,000 | 8,129,000 |
cash and cash equivalents | |||||||||||||||
cash | -783,000 | -36,000 | 636,000 | -34,000 | 110,000 | 521,000 | -1,104,000 | 984,000 | 53,000 | 43,000 | -373,000 | 289,000 | 69,000 | -33,000 | 112,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -783,000 | -36,000 | 636,000 | -34,000 | 110,000 | 521,000 | -1,104,000 | 984,000 | 53,000 | 43,000 | -373,000 | 289,000 | 69,000 | -33,000 | 112,000 |
air harrods limited Credit Report and Business Information
Air Harrods Limited Competitor Analysis
Perform a competitor analysis for air harrods limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in SW1X area or any other competitors across 12 key performance metrics.
air harrods limited Ownership
AIR HARRODS LIMITED group structure
Air Harrods Limited has no subsidiary companies.
Ultimate parent company
QATAR HOLDING LLC
#0128185
2 parents
AIR HARRODS LIMITED
03165147
air harrods limited directors
Air Harrods Limited currently has 5 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 Andrew Spurway | England | 58 years | Feb 2022 | - | Director |
Ms Dawn Seager | 62 years | Feb 2022 | - | Director | |
Mr Timothy Parker | 44 years | Jul 2022 | - | Director |
P&L
February 2024turnover
3.3m
+21%
operating profit
-22k
-111%
gross margin
8.3%
-6.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
637k
-0.6%
total assets
1m
-0.5%
cash
454k
-0.63%
net assets
Total assets minus all liabilities
air harrods limited company details
company number
03165147
Type
Private limited with Share Capital
industry
51102 - Non-scheduled passenger air transport
incorporation date
February 1996
age
28
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2024
previous names
precis (1417) limited (April 1996)
accountant
-
auditor
-
address
87-135 brompton road, knightsbridge, london, SW1X 7XL
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
air harrods 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 11 charges/mortgages relating to air harrods limited. Currently there are 0 open charges and 11 have been satisfied in the past.
air harrods limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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air harrods limited Companies House Filings - See Documents
date | description | view/download |
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