newcastle airport local authority holding company limited

newcastle airport local authority holding company limited Company Information

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Company Number

04118128

Industry

Activities of head offices

 

Shareholders

council of the city of sunderland

council of the city newcastle upon tyne

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Group Structure

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Contact

Registered Address

town hall & civic offices, westoe road, south shields, tyne & wear, NE33 2RL

newcastle airport local authority holding company limited Estimated Valuation

£89.1m

Pomanda estimates the enterprise value of NEWCASTLE AIRPORT LOCAL AUTHORITY HOLDING COMPANY LIMITED at £89.1m based on a Turnover of £79.1m and 1.13x industry multiple (adjusted for size and gross margin).

newcastle airport local authority holding company limited Estimated Valuation

£381.5m

Pomanda estimates the enterprise value of NEWCASTLE AIRPORT LOCAL AUTHORITY HOLDING COMPANY LIMITED at £381.5m based on an EBITDA of £45.6m and a 8.37x industry multiple (adjusted for size and gross margin).

newcastle airport local authority holding company limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NEWCASTLE AIRPORT LOCAL AUTHORITY HOLDING COMPANY LIMITED at £0 based on Net Assets of £-181.3m and 2.13x industry multiple (adjusted for liquidity).

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Newcastle Airport Local Authority Holding Company Limited Overview

Newcastle Airport Local Authority Holding Company Limited is a live company located in south shields, NE33 2RL with a Companies House number of 04118128. It operates in the activities of head offices sector, SIC Code 70100. Founded in December 2000, it's largest shareholder is council of the city of sunderland with a 18.9% stake. Newcastle Airport Local Authority Holding Company Limited is a mature, large sized company, Pomanda has estimated its turnover at £79.1m with rapid growth in recent years.

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Newcastle Airport Local Authority Holding Company Limited Health Check

Pomanda's financial health check has awarded Newcastle Airport Local Authority Holding Company 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

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £79.1m, make it larger than the average company (£20.3m)

£79.1m - Newcastle Airport Local Authority Holding Company Limited

£20.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (7.4%)

59% - Newcastle Airport Local Authority Holding Company Limited

7.4% - Industry AVG

production

Production

with a gross margin of 33.6%, this company has a comparable cost of product (33.6%)

33.6% - Newcastle Airport Local Authority Holding Company Limited

33.6% - Industry AVG

profitability

Profitability

an operating margin of 42.8% make it more profitable than the average company (5.9%)

42.8% - Newcastle Airport Local Authority Holding Company Limited

5.9% - Industry AVG

employees

Employees

with 395 employees, this is above the industry average (111)

395 - Newcastle Airport Local Authority Holding Company Limited

111 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.5k, the company has an equivalent pay structure (£49.7k)

£49.5k - Newcastle Airport Local Authority Holding Company Limited

£49.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £200.2k, this is equally as efficient (£205.9k)

£200.2k - Newcastle Airport Local Authority Holding Company Limited

£205.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 36 days, this is near the average (45 days)

36 days - Newcastle Airport Local Authority Holding Company Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 70 days, this is slower than average (42 days)

70 days - Newcastle Airport Local Authority Holding Company Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (49 days)

0 days - Newcastle Airport Local Authority Holding Company Limited

49 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (15 weeks)

8 weeks - Newcastle Airport Local Authority Holding Company Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 163.9%, this is a higher level of debt than the average (55.4%)

163.9% - Newcastle Airport Local Authority Holding Company Limited

55.4% - Industry AVG

NEWCASTLE AIRPORT LOCAL AUTHORITY HOLDING COMPANY LIMITED financials

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Newcastle Airport Local Authority Holding Company Limited's latest turnover from December 2023 is £79.1 million and the company has net assets of -£181.3 million. According to their latest financial statements, Newcastle Airport Local Authority Holding Company Limited has 395 employees and maintains cash reserves of £10.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover79,064,00064,690,00021,555,00019,545,00070,792,00069,459,00067,029,00064,371,00064,018,00058,560,00056,720,00055,144,00052,766,00051,256,00051,525,000
Other Income Or Grants000000000000000
Cost Of Sales52,506,19043,101,80414,538,08313,213,13447,641,60146,856,18345,345,46343,412,30943,584,52740,540,35839,411,25538,361,00836,774,75935,500,6160
Gross Profit26,557,81021,588,1967,016,9176,331,86623,150,39922,602,81721,683,53720,958,69120,433,47318,019,64217,308,74516,782,99215,991,24115,755,3840
Admin Expenses-7,302,190-2,075,80415,257,91720,484,866-7,361,601-7,269,183-6,068,463-1,321,309-4,410,527-4,402,358-3,511,255-898,008-685,759-245,616-17,443,000
Operating Profit33,860,00023,664,000-8,241,000-14,153,00030,512,00029,872,00027,752,00022,280,00024,844,00022,422,00020,820,00017,681,00016,677,00016,001,00017,443,000
Interest Payable25,129,00024,354,00023,906,00020,643,00020,307,00020,215,00020,477,00025,299,00025,111,00022,250,00032,052,00022,157,00024,445,00021,067,00021,790,000
Interest Receivable1,453,000725,000740,000733,000779,000721,000552,0001,972,0002,472,000265,00035,000207,0004,641,000159,000176,000
Pre-Tax Profit10,184,00035,000-31,407,000-34,063,00010,984,00010,378,0006,793,000-2,529,0002,205,000437,000-11,197,000-4,269,000-3,127,000-4,907,000-4,171,000
Tax-4,141,000-2,316,000-1,449,0002,190,000-3,505,000-3,008,000-2,476,0001,767,0002,256,000-219,0007,519,0004,078,0004,288,0003,037,0001,010,000
Profit After Tax6,043,000-2,281,000-32,856,000-31,873,0007,479,0007,370,0004,317,000-762,0004,461,000218,000-3,678,000-191,0001,161,000-1,870,000-3,161,000
Dividends Paid00010,000,000007,140,00021,530,0000000002,171,000
Retained Profit3,052,000-1,212,000-16,805,000-26,274,0003,803,0003,727,000-4,983,000-22,047,0002,229,00082,000-1,907,000-574,000473,000-1,870,000-5,332,000
Employee Costs19,559,00017,065,00011,071,00011,969,00016,470,00016,318,00015,458,00014,596,00013,866,00013,156,00012,571,00012,187,00011,704,00011,276,00010,908,000
Number Of Employees395330277333482487462430422409381373372371360
EBITDA*45,607,00034,310,0002,929,000-2,462,00041,669,00040,769,00038,569,00033,126,00035,891,00033,343,00030,981,00027,746,00026,784,00026,527,00027,769,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets258,093,000259,365,000256,143,000257,763,000239,187,000248,159,000251,084,000249,628,000224,373,000228,458,000231,507,000232,701,000235,735,000239,666,000245,411,000
Intangible Assets4,943,0004,686,0004,730,0004,866,0005,144,0004,716,0004,583,0004,650,0004,672,0004,088,0004,025,0003,879,0003,719,0003,841,0004,239,000
Investments & Other46,276,00047,076,00056,976,00049,112,00021,357,00031,830,00035,923,00035,222,0009,561,0009,561,0009,236,0009,510,0009,510,00010,234,0000
Debtors (Due After 1 year)11,995,00014,093,0000000000000000
Total Fixed Assets263,036,000264,051,000260,873,000262,629,000244,331,000252,875,000255,667,000254,278,000229,045,000232,546,000235,532,000236,580,000239,454,000243,507,000249,650,000
Stock & work in progress84,000107,00085,00077,00080,00055,00081,00084,00058,00091,00082,00082,00094,000137,000158,000
Trade Debtors8,006,0008,764,0003,305,0001,553,0005,569,0004,931,0005,126,0004,881,0006,433,0005,238,0004,652,0004,484,0004,228,0003,169,0003,917,000
Group Debtors000000000000000
Misc Debtors1,892,0001,207,000933,000782,000477,000970,0001,199,0001,305,000804,000930,0001,607,0001,218,0001,607,0002,397,0002,179,000
Cash10,867,0009,022,00022,930,00021,326,00022,035,00018,212,00012,056,00017,752,00029,529,00024,230,00014,287,00014,801,00017,867,00024,352,00024,147,000
misc current assets03,793,00000000306,000000172,0009,945,00000
total current assets20,849,00022,893,00027,253,00026,183,00028,161,00024,168,00018,462,00024,328,00036,824,00030,489,00020,628,00020,757,00033,741,00030,055,00030,401,000
total assets283,885,000286,944,000288,126,000288,812,000272,492,000277,043,000274,129,000278,606,000265,869,000263,035,000256,160,000257,337,000273,195,000273,562,000280,051,000
Bank overdraft000000000002,500,0002,500,000278,0000
Bank loan000000000000000
Trade Creditors 10,160,0008,681,0002,751,0001,640,0005,625,0004,963,0003,980,0005,912,0002,607,0002,901,0002,418,0002,450,0002,547,0001,347,0002,352,000
Group/Directors Accounts000000000000000
other short term finances00000000000002,500,0002,500,000
hp & lease commitments000000000000000
other current liabilities55,924,00058,736,00041,264,00025,890,00017,134,00017,680,00017,530,00015,300,00018,879,00016,550,00013,830,0008,966,0008,396,0007,682,0005,284,000
total current liabilities66,084,00067,417,00044,015,00027,530,00022,759,00022,643,00021,510,00021,212,00021,486,00019,451,00016,248,00013,916,00013,443,00011,807,00010,136,000
loans740,469,000737,676,000800,923,000797,190,000740,236,000735,502,000734,522,000724,922,000660,394,000654,869,000641,584,000505,714,000667,713,000646,630,000651,506,000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000001,897,0001,993,0002,104,0002,236,0002,368,0002,523,0002,647,0002,819,00024,786,00023,134,000
provisions56,148,00061,488,00070,940,00093,142,00068,246,00099,476,000107,864,000125,656,00099,730,000110,214,000104,848,000112,568,000110,838,000105,696,000122,796,000
total long term liabilities399,057,000400,383,000436,791,000446,031,000405,142,000419,386,000423,186,000427,704,000384,492,000388,265,000378,612,000384,798,000402,074,000400,949,000410,285,000
total liabilities465,141,000467,800,000480,806,000473,561,000427,901,000442,029,000444,696,000448,916,000405,978,000407,716,000394,860,000398,714,000415,517,000412,756,000420,421,000
net assets-181,256,000-180,856,000-192,680,000-184,749,000-155,409,000-164,986,000-170,567,000-170,310,000-141,877,000-144,681,000-141,156,000-142,564,000-143,059,000-139,880,000-140,370,000
total shareholders funds-181,256,000-180,856,000-192,680,000-184,749,000-155,409,000-164,986,000-170,567,000-170,310,000-141,877,000-144,681,000-141,156,000-142,564,000-143,059,000-139,880,000-140,370,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit33,860,00023,664,000-8,241,000-14,153,00030,512,00029,872,00027,752,00022,280,00024,844,00022,422,00020,820,00017,681,00016,677,00016,001,00017,443,000
Depreciation11,442,00010,292,00010,821,00011,297,00010,901,00010,696,00010,557,00010,589,00010,755,00010,651,0009,940,0009,903,0009,884,00010,026,0009,796,000
Amortisation305,000354,000349,000394,000256,000201,000260,000257,000292,000270,000221,000162,000223,000500,000530,000
Tax-4,141,000-2,316,000-1,449,0002,190,000-3,505,000-3,008,000-2,476,0001,767,0002,256,000-219,0007,519,0004,078,0004,288,0003,037,0001,010,000
Stock-23,00022,0008,000-3,00025,000-26,000-3,00026,000-33,0009,0000-12,000-43,000-21,000158,000
Debtors-2,171,00019,826,0001,903,000-3,711,000145,000-424,000139,000-1,051,0001,069,000-91,000557,000-133,000269,000-530,0006,096,000
Creditors1,479,0005,930,0001,111,000-3,985,000662,000983,000-1,932,0003,305,000-294,000483,000-32,000-97,0001,200,000-1,005,0002,352,000
Accruals and Deferred Income-2,812,00017,472,00015,374,0008,756,000-546,000150,0002,230,000-3,579,0002,329,0002,720,0004,864,000570,000714,0002,398,0005,284,000
Deferred Taxes & Provisions-5,340,000-9,452,000-22,202,00024,896,000-31,230,000-8,388,000-17,792,00025,926,000-10,484,0005,366,000-7,720,0001,730,0005,142,000-17,100,000122,796,000
Cash flow from operations36,987,00026,096,000-6,148,00033,109,0006,880,00030,956,00018,463,00061,570,00028,662,00041,775,00035,055,00034,172,00037,902,00014,408,000152,957,000
Investing Activities
capital expenditure-10,732,000-13,824,000-9,414,000-29,989,000-2,613,000-8,105,000-12,206,000-36,079,000-7,546,000-7,935,000-9,113,000-7,191,000-6,054,000-4,383,000-259,976,000
Change in Investments-800,000-9,900,0007,864,00027,755,000-10,473,000-4,093,000701,00025,661,0000325,000-274,0000-724,00010,234,0000
cash flow from investments-9,932,000-3,924,000-17,278,000-57,744,0007,860,000-4,012,000-12,907,000-61,740,000-7,546,000-8,260,000-8,839,000-7,191,000-5,330,000-14,617,000-259,976,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000-2,500,00002,500,000
Long term loans2,793,000-63,247,0003,733,00056,954,0004,734,000980,0009,600,00064,528,0005,525,00013,285,000135,870,000-161,999,00021,083,000-4,876,000651,506,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000-1,897,000-96,000-111,000-132,000-132,000-155,000-124,000-172,000-21,967,0001,652,00023,134,000
share issue-3,452,00013,036,0008,874,000-3,066,0005,774,0001,854,0004,726,000-6,386,000575,000-3,607,0003,315,0001,069,000-3,652,0002,360,000-135,038,000
interest-23,676,000-23,629,000-23,166,000-19,910,000-19,528,000-19,494,000-19,925,000-23,327,000-22,639,000-21,985,000-32,017,000-21,950,000-19,804,000-20,908,000-21,614,000
cash flow from financing-24,335,000-73,840,000-10,559,00033,978,000-10,917,000-16,756,000-5,710,00034,683,000-16,671,000-12,462,000107,044,000-183,052,000-26,840,000-21,772,000520,488,000
cash and cash equivalents
cash1,845,000-13,908,0001,604,000-709,0003,823,0006,156,000-5,696,000-11,777,0005,299,0009,943,000-514,000-3,066,000-6,485,000205,00024,147,000
overdraft0000000000-2,500,00002,222,000278,0000
change in cash1,845,000-13,908,0001,604,000-709,0003,823,0006,156,000-5,696,000-11,777,0005,299,0009,943,0001,986,000-3,066,000-8,707,000-73,00024,147,000

newcastle airport local authority holding company limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Newcastle Airport Local Authority Holding Company Limited Competitor Analysis

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Perform a competitor analysis for newcastle airport local authority holding company limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in NE33 area or any other competitors across 12 key performance metrics.

newcastle airport local authority holding company limited Ownership

NEWCASTLE AIRPORT LOCAL AUTHORITY HOLDING COMPANY LIMITED group structure

Newcastle Airport Local Authority Holding Company Limited has 1 subsidiary company.

Ultimate parent company

NEWCASTLE AIRPORT LOCAL AUTHORITY HOLDING COMPANY LIMITED

04118128

1 subsidiary

NEWCASTLE AIRPORT LOCAL AUTHORITY HOLDING COMPANY LIMITED Shareholders

council of the city of sunderland 18.87%
council of the city newcastle upon tyne 17.31%
northumberland county council 15.42%
borough council of gateshead 13.33%
council of the borough of north tyneside 12.41%
durham county council 12.15%
council of the borough of south tyneside 10.12%
council of the city of newcastle upon tyne 0.39%

newcastle airport local authority holding company limited directors

Newcastle Airport Local Authority Holding Company Limited currently has 16 directors. The longest serving directors include Mayor Norma Redfearn (May 2013) and Mrs Catherine Donovan (Jun 2016).

officercountryagestartendrole
Mayor Norma Redfearn86 years May 2013- Director
Mrs Catherine DonovanEngland65 years Jun 2016- Director
Mr Martin GannonUnited Kingdom66 years Jun 2016- Director
Mrs Tracey Dixon59 years May 2019- Director
Mr Hugh SandersonEngland73 years Sep 2020- Director
Mrs Amanda HopgoodEngland54 years Jun 2021- Director
Councillor Amanda HopgoodUnited Kingdom54 years Jun 2021- Director
Mr Richard WearmouthEngland43 years Jun 2021- Director
Mrs Karen KilgourUnited Kingdom56 years Jun 2021- Director
Ms Claire RowntreeEngland53 years Jun 2021- Director

P&L

December 2023

turnover

79.1m

+22%

operating profit

33.9m

+43%

gross margin

33.6%

+0.65%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-181.3m

0%

total assets

283.9m

-0.01%

cash

10.9m

+0.2%

net assets

Total assets minus all liabilities

newcastle airport local authority holding company limited company details

company number

04118128

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

December 2000

age

25

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

ever 1464 limited (April 2001)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

town hall & civic offices, westoe road, south shields, tyne & wear, NE33 2RL

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

newcastle airport local authority holding company 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 newcastle airport local authority holding company limited.

newcastle airport local authority holding company 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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newcastle airport local authority holding company limited Companies House Filings - See Documents

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