nats (en route) public limited company

5

nats (en route) public limited company Company Information

Share NATS (EN ROUTE) PUBLIC LIMITED COMPANY
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MatureMegaLow

Company Number

04129273

Registered Address

4000 parkway, whiteley, fareham, hampshire, PO15 7FL

Industry

Scheduled passenger air transport

 

Telephone

01489616001

Next Accounts Due

September 2024

Group Structure

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Directors

Martin Rolfe12 Years

Gavin Merchant8 Years

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Shareholders

national air traffic services ltd 100%

nats (en route) public limited company Estimated Valuation

£0

Pomanda estimates the enterprise value of NATS (EN ROUTE) PUBLIC LIMITED COMPANY at £0 based on a Turnover of £782.4m and 0x industry multiple (adjusted for size and gross margin).

nats (en route) public limited company Estimated Valuation

£0

Pomanda estimates the enterprise value of NATS (EN ROUTE) PUBLIC LIMITED COMPANY at £0 based on an EBITDA of £272.4m and a 0x industry multiple (adjusted for size and gross margin).

nats (en route) public limited company Estimated Valuation

£1.6b

Pomanda estimates the enterprise value of NATS (EN ROUTE) PUBLIC LIMITED COMPANY at £1.6b based on Net Assets of £559m and 2.94x industry multiple (adjusted for liquidity).

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Nats (en Route) Public Limited Company Overview

Nats (en Route) Public Limited Company is a live company located in fareham, PO15 7FL with a Companies House number of 04129273. It operates in the scheduled passenger air transport sector, SIC Code 51101. Founded in December 2000, it's largest shareholder is national air traffic services ltd with a 100% stake. Nats (en Route) Public Limited Company is a mature, mega sized company, Pomanda has estimated its turnover at £782.4m with low growth in recent years.

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Nats (en Route) Public Limited Company Health Check

Pomanda's financial health check has awarded Nats (En Route) Public Limited Company a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £782.4m, make it larger than the average company (£33.2m)

£782.4m - Nats (en Route) Public Limited Company

£33.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a faster rate (-0.3%)

2% - Nats (en Route) Public Limited Company

-0.3% - Industry AVG

production

Production

with a gross margin of 9.8%, this company has a comparable cost of product (9.8%)

9.8% - Nats (en Route) Public Limited Company

9.8% - Industry AVG

profitability

Profitability

an operating margin of 22.2% make it more profitable than the average company (0.3%)

22.2% - Nats (en Route) Public Limited Company

0.3% - Industry AVG

employees

Employees

with 3130 employees, this is above the industry average (188)

3130 - Nats (en Route) Public Limited Company

188 - Industry AVG

paystructure

Pay Structure

on an average salary of £124.7k, the company has a higher pay structure (£50.9k)

£124.7k - Nats (en Route) Public Limited Company

£50.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £250k, this is more efficient (£202.5k)

£250k - Nats (en Route) Public Limited Company

£202.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 58 days, this is later than average (33 days)

58 days - Nats (en Route) Public Limited Company

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (43 days)

9 days - Nats (en Route) Public Limited Company

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nats (en Route) Public Limited Company

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is more cash available to meet short term requirements (8 weeks)

10 weeks - Nats (en Route) Public Limited Company

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 74%, this is a similar level of debt than the average (73.5%)

74% - Nats (en Route) Public Limited Company

73.5% - Industry AVG

nats (en route) public limited company Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Nats (en Route) Public Limited Company Competitor Analysis

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Perform a competitor analysis for nats (en route) public limited company by selecting its closest rivals and benchmarking them against 12 key performance metrics.

nats (en route) public limited company Ownership

NATS (EN ROUTE) PUBLIC LIMITED COMPANY group structure

Nats (En Route) Public Limited Company has no subsidiary companies.

Ultimate parent company

2 parents

NATS (EN ROUTE) PUBLIC LIMITED COMPANY

04129273

NATS (EN ROUTE) PUBLIC LIMITED COMPANY Shareholders

national air traffic services ltd 100%

nats (en route) public limited company directors

Nats (En Route) Public Limited Company currently has 13 directors. The longest serving directors include Mr Martin Rolfe (Mar 2012) and Mr Gavin Merchant (Apr 2016).

officercountryagestartendrole
Mr Martin RolfeUnited Kingdom51 years Mar 2012- Director
Mr Gavin Merchant54 years Apr 2016- Director
Dr Paul GolbyUnited Kingdom73 years Apr 2016- Director
Mr Harry BushEngland70 years Apr 2016- Director
Ms Maria Antoniou59 years Aug 2016- Director
Mr Michael Campbell66 years May 2017- Director
Mrs Kathryn Leahy51 years May 2018- Director
Miss Louise StreetWales49 years Nov 2018- Director
Mr Alistair Borthwick44 years Oct 2019- Director
Mr Gregory Bagwell62 years Oct 2022- Director

NATS (EN ROUTE) PUBLIC LIMITED COMPANY financials

EXPORTms excel logo

Nats (En Route) Public Limited Company's latest turnover from March 2023 is £782.4 million and the company has net assets of £559 million. According to their latest financial statements, Nats (En Route) Public Limited Company has 3,130 employees and maintains cash reserves of £57.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover782,400,000617,900,000687,200,000736,700,000733,000,000744,500,000737,100,000718,200,000740,200,000742,500,000713,600,000695,600,000615,700,000599,700,000
Other Income Or Grants00000000000000
Cost Of Sales705,962,864594,157,768645,415,141667,993,907679,153,126677,417,305663,982,621609,670,166611,013,956622,554,696568,895,683535,362,535517,388,183499,262,747
Gross Profit76,437,13623,742,23241,784,85968,706,09353,846,87467,082,69573,117,379108,529,834129,186,044119,945,304144,704,317160,237,46598,311,817100,437,253
Admin Expenses-97,362,864-66,457,76849,184,85917,906,093-57,953,126-91,917,305-76,182,62158,929,834-71,813,956-24,854,696-38,595,683-40,462,535-25,188,1838,137,253
Operating Profit173,800,00090,200,000-7,400,00050,800,000111,800,000159,000,000149,300,00049,600,000201,000,000144,800,000183,300,000200,700,000123,500,00092,300,000
Interest Payable29,600,00062,900,00030,000,00026,400,00025,400,00026,800,00027,700,00032,600,00033,900,00034,100,00037,700,00050,700,00054,800,00038,600,000
Interest Receivable26,000,00011,400,0002,800,0002,400,0002,600,000700,000800,0002,800,0004,100,0005,500,0004,200,000000
Pre-Tax Profit156,500,000-5,100,000-34,200,00028,900,00086,000,000134,200,000104,800,00022,400,000172,700,000133,900,000129,300,000154,800,00070,800,00054,900,000
Tax-31,800,000-35,600,000-12,400,000-25,400,000-14,200,000-19,800,000-18,100,000-13,800,000-37,600,000-23,000,000-27,700,000-27,300,000-9,700,000-13,800,000
Profit After Tax124,700,000-40,700,000-46,600,0003,500,00071,800,000114,400,00086,700,0008,600,000135,100,000110,900,000101,600,000127,500,00061,100,00041,100,000
Dividends Paid00057,000,00057,000,00056,000,00023,000,00072,500,00069,500,00057,000,00028,500,00045,000,00035,000,0000
Retained Profit124,700,000-40,700,000-46,600,000-53,500,00014,800,00058,400,00063,700,000-63,900,00065,600,00053,900,00073,100,00082,500,00026,100,00041,100,000
Employee Costs390,200,000363,100,000420,400,000390,600,000373,700,000362,400,000344,200,000362,000,000332,400,000382,100,000339,100,000309,600,000301,000,000334,900,000
Number Of Employees3,1303,0513,4493,6053,4183,2373,1593263,1833,3463,4043,4403,5393,741
EBITDA*272,400,000170,900,00078,100,000164,700,000245,700,000241,700,000296,200,000174,700,000307,400,000248,900,000284,100,000290,200,000208,500,000176,000,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,174,000,0001,627,800,000939,600,000711,800,000502,900,000567,200,000495,200,000570,100,000650,000,000662,200,000685,000,000663,100,000694,300,000677,900,000
Intangible Assets719,700,000714,900,000652,500,000757,600,000763,100,000765,900,000706,900,000646,200,000681,900,000645,900,000634,400,000609,300,000580,100,000550,800,000
Investments & Other1,500,000100,000442,500,000186,300,0001,700,000000000000
Debtors (Due After 1 year)683,400,000929,500,0007,600,0005,000,00021,600,00017,800,00015,900,00023,300,00064,100,00069,800,00058,600,00047,300,00036,200,00059,700,000
Total Fixed Assets1,849,800,0002,086,100,0001,592,100,0001,469,400,0001,266,000,0001,333,100,0001,202,100,0001,216,300,0001,331,900,0001,308,100,0001,319,400,0001,272,400,0001,274,400,0001,228,700,000
Stock & work in progress00000000000000
Trade Debtors126,000,00084,700,00041,900,000094,700,000108,400,000108,800,000176,100,000158,600,00050,000,000134,600,00046,500,00048,900,00034,600,000
Group Debtors100,0000100,0004,500,0002,900,00000800,000200,0002,300,000500,000000
Misc Debtors13,100,00012,400,00012,800,00087,000,00019,100,00013,100,00011,500,00015,600,00011,200,000101,200,0007,200,00080,000,00062,500,00095,200,000
Cash57,700,00050,900,000172,200,000451,000,000129,700,000156,300,000108,400,00072,500,00077,200,00071,500,00072,100,00071,700,00067,300,00064,100,000
misc current assets101,700,00057,300,0002,500,00041,900,00038,900,00041,900,00041,500,00029,300,00033,700,00030,100,00031,700,00030,700,00016,600,00016,300,000
total current assets299,900,000209,300,000244,600,000587,500,000285,300,000319,700,000270,200,000294,300,000280,900,000255,100,000246,100,000228,900,000195,300,000210,200,000
total assets2,149,700,0002,295,400,0001,836,700,0002,056,900,0001,551,300,0001,652,800,0001,472,300,0001,510,600,0001,612,800,0001,563,200,0001,565,500,0001,501,300,0001,469,700,0001,438,900,000
Bank overdraft00000000000176,700,00000
Bank loan00000000000000
Trade Creditors 19,200,00018,400,00040,200,00030,500,00082,000,00015,500,00018,600,00051,900,00014,100,0009,500,0009,200,00011,100,00021,200,00013,500,000
Group/Directors Accounts00000000000000
other short term finances45,000,0000108,100,00040,900,00042,700,00067,100,00046,600,00038,500,00029,700,00028,600,00027,200,000000
hp & lease commitments6,700,0006,700,0006,300,0005,800,0000000000000
other current liabilities204,200,000160,500,000150,900,000162,300,000155,600,000180,600,000122,400,000105,000,000116,400,000128,800,000103,600,00096,800,000221,400,000182,400,000
total current liabilities275,100,000185,600,000305,500,000239,500,000280,300,000263,200,000187,600,000195,400,000160,200,000166,900,000140,000,000284,600,000242,600,000195,900,000
loans1,888,900,0002,042,500,0001,394,700,0001,503,200,000694,700,000789,100,000935,500,0001,209,100,0001,405,000,0001,418,400,0001,507,600,0001,272,300,0001,442,200,0001,406,600,000
hp & lease commitments42,800,00048,400,00053,900,00059,500,0000000000000
Accruals and Deferred Income22,700,00024,400,00030,800,000024,400,0000053,400,00042,600,00023,800,0003,500,0003,500,0007,800,0006,100,000
other liabilities106,200,000188,400,000168,600,000184,600,000138,500,000155,300,000117,400,00016,700,0002,200,000012,400,0008,700,00000
provisions414,000,000470,000,000308,600,000326,400,000244,800,000234,200,000614,000,000278,000,000626,800,000210,200,000218,800,000249,200,000237,400,000275,000,000
total long term liabilities1,315,600,0001,503,000,0001,091,600,0001,146,200,000687,800,000726,700,000957,700,000874,200,0001,124,700,000904,200,000952,400,000836,000,000847,600,000846,900,000
total liabilities1,590,700,0001,688,600,0001,397,100,0001,385,700,000968,100,000989,900,0001,145,300,0001,069,600,0001,284,900,0001,071,100,0001,092,400,0001,120,600,0001,090,200,0001,042,800,000
net assets559,000,000606,800,000439,600,000671,200,000583,200,000662,900,000327,000,000441,000,000327,900,000492,100,000473,100,000380,700,000379,500,000396,100,000
total shareholders funds559,000,000606,800,000439,600,000671,200,000583,200,000662,900,000327,000,000441,000,000327,900,000492,100,000473,100,000380,700,000379,500,000396,100,000
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit173,800,00090,200,000-7,400,00050,800,000111,800,000159,000,000149,300,00049,600,000201,000,000144,800,000183,300,000200,700,000123,500,00092,300,000
Depreciation48,400,00042,300,00049,700,00061,700,00078,800,00079,000,000102,200,00092,800,00076,900,00077,000,00076,200,00071,600,00074,100,00073,800,000
Amortisation50,200,00038,400,00035,800,00052,200,00055,100,0003,700,00044,700,00032,300,00029,500,00027,100,00024,600,00017,900,00010,900,0009,900,000
Tax-31,800,000-35,600,000-12,400,000-25,400,000-14,200,000-19,800,000-18,100,000-13,800,000-37,600,000-23,000,000-27,700,000-27,300,000-9,700,000-13,800,000
Stock00000000000000
Debtors-204,000,000964,200,000-34,100,000-41,800,000-1,000,0003,100,000-79,600,000-18,300,00010,800,00022,400,00027,100,00026,200,000-41,900,000189,500,000
Creditors800,000-21,800,0009,700,000-51,500,00066,500,000-3,100,000-33,300,00037,800,0004,600,000300,000-1,900,000-10,100,0007,700,00013,500,000
Accruals and Deferred Income42,000,0003,200,00019,400,000-17,700,000-600,00058,200,000-36,000,000-600,0006,400,00045,500,0006,800,000-128,900,00040,700,000188,500,000
Deferred Taxes & Provisions-56,000,000161,400,000-17,800,00081,600,00010,600,000-379,800,000336,000,000-348,800,000416,600,000-8,600,000-30,400,00011,800,000-37,600,000275,000,000
Cash flow from operations431,400,000-686,100,000111,100,000193,500,000309,000,000-105,900,000624,400,000-132,400,000686,600,000240,700,000203,800,000109,500,000251,500,000449,700,000
Investing Activities
capital expenditure350,400,000-831,300,000-208,200,000-317,300,000-66,800,000-213,700,000-132,700,000-9,500,000-130,200,000-92,800,000-147,800,000-87,500,000-130,700,000-1,312,400,000
Change in Investments1,400,000-442,400,000256,200,000184,600,0001,700,000000000000
cash flow from investments349,000,000-388,900,000-464,400,000-501,900,000-68,500,000-213,700,000-132,700,000-9,500,000-130,200,000-92,800,000-147,800,000-87,500,000-130,700,000-1,312,400,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 45,000,000-108,100,00067,200,000-1,800,000-24,400,00020,500,0008,100,0008,800,0001,100,0001,400,00027,200,000000
Long term loans-153,600,000647,800,000-108,500,000808,500,000-94,400,000-146,400,000-273,600,000-195,900,000-13,400,000-89,200,000235,300,000-169,900,00035,600,0001,406,600,000
Hire Purchase and Lease Commitments-5,600,000-5,100,000-5,100,00065,300,0000000000000
other long term liabilities-82,200,00019,800,000-16,000,00046,100,000-16,800,00037,900,000100,700,00014,500,0002,200,000-12,400,0003,700,0008,700,00000
share issue-172,500,000207,900,000-185,000,000141,500,000-94,500,000277,500,000-177,700,000177,000,000-229,800,000-34,900,00019,300,000-81,300,000-42,700,000355,000,000
interest-3,600,000-51,500,000-27,200,000-24,000,000-22,800,000-26,100,000-26,900,000-29,800,000-29,800,000-28,600,000-33,500,000-50,700,000-54,800,000-38,600,000
cash flow from financing-372,500,000710,800,000-274,600,0001,035,600,000-252,900,000163,400,000-369,400,000-25,400,000-269,700,000-163,700,000252,000,000-293,200,000-61,900,0001,723,000,000
cash and cash equivalents
cash6,800,000-121,300,000-278,800,000321,300,000-26,600,00047,900,00035,900,000-4,700,0005,700,000-600,000400,0004,400,0003,200,00064,100,000
overdraft0000000000-176,700,000176,700,00000
change in cash6,800,000-121,300,000-278,800,000321,300,000-26,600,00047,900,00035,900,000-4,700,0005,700,000-600,000177,100,000-172,300,0003,200,00064,100,000

P&L

March 2023

turnover

782.4m

+27%

operating profit

173.8m

+93%

gross margin

9.8%

+154.26%

turnover

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

Balance Sheet

March 2023

net assets

559m

-0.08%

total assets

2.1b

-0.06%

cash

57.7m

+0.13%

net assets

Total assets minus all liabilities

nats (en route) public limited company company details

company number

04129273

Type

Public limited with Share Capital

industry

51101 - Scheduled passenger air transport

incorporation date

December 2000

age

24

accounts

Full Accounts

ultimate parent company

previous names

nats (en route) limited (June 2003)

3216th single member shelf trading company limited (February 2001)

incorporated

UK

address

4000 parkway, whiteley, fareham, hampshire, PO15 7FL

last accounts submitted

March 2023

nats (en route) public limited company 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 77 charges/mortgages relating to nats (en route) public limited company. Currently there are 1 open charges and 76 have been satisfied in the past.

charges

nats (en route) public limited company Companies House Filings - See Documents

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