nats holdings limited

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nats holdings limited Company Information

Share NATS HOLDINGS LIMITED
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MatureMegaLow

Company Number

04138218

Registered Address

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

Industry

Scheduled passenger air transport

 

Telephone

01489445699

Next Accounts Due

December 2024

Group Structure

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Directors

Neil Mills15 Years

Martin Rolfe11 Years

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Shareholders

nats employee sharetrust ltd 100%

hamish mitchell 0%

nats holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NATS HOLDINGS LIMITED at £0 based on a Turnover of £930m and 0x industry multiple (adjusted for size and gross margin).

nats holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NATS HOLDINGS LIMITED at £0 based on an EBITDA of £269.1m and a 0x industry multiple (adjusted for size and gross margin).

nats holdings limited Estimated Valuation

£2.2b

Pomanda estimates the enterprise value of NATS HOLDINGS LIMITED at £2.2b based on Net Assets of £748.6m and 2.94x industry multiple (adjusted for liquidity).

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Nats Holdings Limited Overview

Nats Holdings Limited is a live company located in fareham, PO15 7FL with a Companies House number of 04138218. It operates in the scheduled passenger air transport sector, SIC Code 51101. Founded in January 2001, it's largest shareholder is nats employee sharetrust ltd with a 100% stake. Nats Holdings Limited is a mature, mega sized company, Pomanda has estimated its turnover at £930m with low growth in recent years.

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Nats Holdings Limited Health Check

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

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £930m, make it larger than the average company (£33.2m)

£930m - Nats Holdings Limited

£33.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a faster rate (-0.3%)

1% - Nats Holdings Limited

-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 Holdings Limited

9.8% - Industry AVG

profitability

Profitability

an operating margin of 18.7% make it more profitable than the average company (0.3%)

18.7% - Nats Holdings Limited

0.3% - Industry AVG

employees

Employees

with 4215 employees, this is above the industry average (188)

4215 - Nats Holdings Limited

188 - Industry AVG

paystructure

Pay Structure

on an average salary of £123.8k, the company has a higher pay structure (£50.9k)

£123.8k - Nats Holdings Limited

£50.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £220.6k, this is equally as efficient (£202.5k)

£220.6k - Nats Holdings Limited

£202.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 65 days, this is later than average (33 days)

65 days - Nats Holdings Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (43 days)

10 days - Nats Holdings Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Nats Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (8 weeks)

25 weeks - Nats Holdings Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.8%, this is a similar level of debt than the average (73.5%)

68.8% - Nats Holdings Limited

73.5% - Industry AVG

nats holdings limited 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 Holdings Limited Competitor Analysis

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nats holdings limited Ownership

NATS HOLDINGS LIMITED group structure

Nats Holdings Limited has 2 subsidiary companies.

Ultimate parent company

NATS HOLDINGS LIMITED

04138218

2 subsidiaries

NATS HOLDINGS LIMITED Shareholders

nats employee sharetrust ltd 100%
hamish mitchell 0%

nats holdings limited directors

Nats Holdings Limited currently has 14 directors. The longest serving directors include Mr Neil Mills (Nov 2008) and Mr Martin Rolfe (Apr 2013).

officercountryagestartendrole
Mr Neil Mills52 years Nov 2008- Director
Mr Martin RolfeUnited Kingdom51 years Apr 2013- Director
Mr Gavin Merchant54 years Mar 2014- Director
Mr Harry BushEngland70 years May 2014- Director
Dr Paul GolbyUnited Kingdom73 years Sep 2014- 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

NATS HOLDINGS LIMITED financials

EXPORTms excel logo

Nats Holdings Limited's latest turnover from March 2023 is £930 million and the company has net assets of £748.6 million. According to their latest financial statements, Nats Holdings Limited has 4,215 employees and maintains cash reserves of £160.2 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
Turnover930,000,000749,800,000823,000,000892,100,000885,700,000913,100,000919,300,000898,100,000922,400,000917,600,000899,600,000864,900,000777,300,000754,900,000
Other Income Or Grants00000000000000
Cost Of Sales839,142,975720,989,634772,957,889808,900,997820,635,639830,825,711828,109,108762,384,817761,414,852769,368,605717,178,471665,662,818653,184,724628,469,981
Gross Profit90,857,02528,810,36650,042,11183,199,00365,064,36182,274,28991,190,892135,715,183160,985,148148,231,395182,421,529199,237,182124,115,276126,430,019
Admin Expenses-83,242,975-69,489,63459,242,11129,599,003-57,435,639-74,725,711-75,409,10866,615,183-65,614,852-19,268,605-32,678,471-40,262,818-33,684,72411,630,019
Operating Profit174,100,00098,300,000-9,200,00053,600,000122,500,000157,000,000166,600,00069,100,000226,600,000167,500,000215,100,000239,500,000157,800,000114,800,000
Interest Payable30,200,00063,200,00030,100,00026,600,00025,400,00026,600,00027,500,00032,400,00033,600,00033,900,00037,400,00033,500,00032,400,00038,200,000
Interest Receivable28,400,00011,700,0003,500,0004,100,0004,400,0002,000,0001,900,0003,600,0004,800,0006,000,0004,800,0005,300,0002,700,0001,500,000
Pre-Tax Profit148,500,0008,700,000-37,800,00025,300,00098,200,000132,800,000125,500,00044,400,000200,300,000157,500,000160,800,000194,500,000106,100,00078,300,000
Tax-32,300,000-36,300,000-12,800,000-26,600,000-15,900,000-20,100,000-21,700,000-16,800,000-43,400,000-28,200,000-35,400,000-37,500,000-19,200,000-20,200,000
Profit After Tax116,200,000-27,600,000-50,600,000-1,300,00082,300,000112,700,000103,800,00027,600,000156,900,000129,300,000125,400,000157,000,00086,900,00058,100,000
Dividends Paid00059,000,00059,000,00057,000,00024,000,00081,700,00077,000,00062,000,00040,000,00050,700,00040,000,0000
Retained Profit116,200,000-27,600,000-50,600,000-60,300,00023,300,00055,700,00079,800,000-54,100,00079,900,00067,300,00085,400,000106,300,00046,900,00058,100,000
Employee Costs521,800,000483,100,000548,400,000516,200,000489,500,000483,500,000457,200,000484,800,000461,100,000504,300,000458,600,000410,200,000399,900,000441,100,000
Number Of Employees4,2154,0954,5764,7264,4644,3104,2164,1644,3424,5194,5624,5334,6524,920
EBITDA*269,100,000182,200,00074,700,000181,300,000259,200,000289,000,000315,400,000197,800,000336,900,000273,200,000319,400,000403,400,000292,900,000201,300,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,287,600,0001,890,800,0001,004,100,000872,400,000604,400,000638,900,000530,200,000584,200,000661,900,000676,500,000701,100,000677,200,000725,300,000722,400,000
Intangible Assets734,500,000733,000,000657,800,000761,900,000765,500,000769,800,000711,000,000648,800,000684,800,000649,000,000637,800,000612,800,000581,700,000552,400,000
Investments & Other31,200,00040,500,00049,700,000307,000,00073,700,00020,900,00000000000
Debtors (Due After 1 year)721,100,0001,036,900,000449,300,00015,900,00024,300,00020,200,00019,000,00024,000,00064,900,00070,200,00059,400,00048,300,00047,700,0004,400,000
Total Fixed Assets1,947,200,0002,265,700,0001,661,900,0001,625,200,0001,369,900,0001,408,700,0001,241,200,0001,233,000,0001,346,700,0001,325,500,0001,338,900,0001,290,000,0001,307,000,0001,274,800,000
Stock & work in progress00000000000000
Trade Debtors166,300,000136,200,00094,200,0002,900,000124,600,000181,300,000166,900,000235,600,000187,300,00070,400,000170,200,00057,000,000134,500,000152,800,000
Group Debtors001,600,00097,800,0000000000000
Misc Debtors21,900,00015,300,00018,600,00049,800,000000020,400,000113,600,00012,900,000105,900,00018,300,00018,400,000
Cash160,200,000148,000,000272,100,000538,200,000214,600,000269,600,000254,200,000228,200,000237,300,000211,600,000198,000,000187,700,000167,500,000145,600,000
misc current assets101,700,00057,300,0002,500,00053,600,00050,500,00041,800,00041,700,00031,700,00033,800,00030,200,00031,700,00030,800,00016,600,00016,300,000
total current assets451,800,000360,300,000403,400,000744,900,000441,300,000492,700,000462,800,000495,500,000478,800,000425,800,000412,800,000381,400,000336,900,000333,100,000
total assets2,399,000,0002,626,000,0002,065,300,0002,370,100,0001,811,200,0001,901,400,0001,704,000,0001,728,500,0001,825,500,0001,751,300,0001,751,700,0001,671,400,0001,643,900,0001,607,900,000
Bank overdraft00108,100,00040,900,00042,700,00044,600,00046,600,00038,700,00029,700,00000000
Bank loan00000000000000
Trade Creditors 24,100,00021,000,00045,200,00033,900,00085,300,00018,400,00023,400,00054,300,00018,900,00011,900,00011,800,00013,100,00022,700,00016,700,000
Group/Directors Accounts00000000000000
other short term finances45,000,000021,500,00000007,800,0003,600,00028,600,00027,200,000176,700,00014,200,00088,000,000
hp & lease commitments8,000,0007,800,0007,800,0007,500,000000200,000000000
other current liabilities245,000,000200,900,000157,200,000184,900,000193,600,000210,700,000155,700,000132,100,000155,500,000159,000,000137,600,000130,600,000239,400,000124,000,000
total current liabilities322,100,000229,700,000339,800,000267,200,000321,600,000273,700,000225,700,000233,100,000207,700,000199,500,000176,600,000320,400,000276,300,000228,700,000
loans1,892,100,0002,047,300,0001,399,100,0001,509,200,000694,700,000789,100,000890,700,0001,164,100,0001,361,000,0001,241,200,0001,316,000,0001,101,200,0001,395,400,0001,361,600,000
hp & lease commitments44,400,00050,800,00056,100,00062,500,0000001,800,000000000
Accruals and Deferred Income25,300,00027,100,0000000066,900,00054,100,0000007,800,0004,800,000
other liabilities109,500,000192,500,000245,400,000216,900,000151,200,000170,200,000132,600,00016,700,0002,200,000165,100,000170,200,000142,200,0007,600,0000
provisions424,200,000517,600,000261,800,000350,600,000254,600,000244,600,000754,400,000310,800,000765,600,000217,000,000222,000,000264,400,000254,600,000292,600,000
total long term liabilities1,328,200,0001,536,000,0001,116,400,0001,193,600,000711,600,000746,800,0001,020,800,000881,600,0001,184,100,000894,200,000939,200,000825,000,000840,400,000831,900,000
total liabilities1,650,300,0001,765,700,0001,456,200,0001,460,800,0001,033,200,0001,020,500,0001,246,500,0001,114,700,0001,391,800,0001,093,700,0001,115,800,0001,145,400,0001,116,700,0001,060,600,000
net assets748,600,000860,200,000609,000,000909,200,000777,900,000880,800,000457,400,000613,700,000433,700,000657,600,000635,900,000526,000,000527,200,000547,300,000
total shareholders funds748,600,000860,200,000609,000,000909,200,000777,900,000880,800,000457,400,000613,700,000433,700,000657,600,000635,900,000526,000,000527,200,000547,300,000
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit174,100,00098,300,000-9,200,00053,600,000122,500,000157,000,000166,600,00069,100,000226,600,000167,500,000215,100,000239,500,000157,800,000114,800,000
Depreciation52,300,00046,100,00047,800,00075,200,00081,000,00080,300,000103,600,00095,200,00079,700,00078,000,00079,100,00076,200,00077,400,00076,500,000
Amortisation42,700,00037,800,00036,100,00052,500,00055,700,00051,700,00045,200,00033,500,00030,600,00027,700,00025,200,00087,700,00057,700,00010,000,000
Tax-32,300,000-36,300,000-12,800,000-26,600,000-15,900,000-20,100,000-21,700,000-16,800,000-43,400,000-28,200,000-35,400,000-37,500,000-19,200,000-20,200,000
Stock00000000000000
Debtors-279,100,000624,700,000397,300,000-34,100,000-1,000,00015,600,000-73,700,000-13,000,00018,400,00011,700,00031,300,00010,700,00024,900,000175,600,000
Creditors3,100,000-24,200,00011,300,000-51,400,00066,900,000-5,000,000-30,900,00035,400,0007,000,000100,000-1,300,000-9,600,0006,000,00016,700,000
Accruals and Deferred Income42,300,00070,800,000-27,700,000-8,700,000-17,100,00055,000,000-43,300,000-10,600,00050,600,00021,400,0007,000,000-116,600,000118,400,000128,800,000
Deferred Taxes & Provisions-93,400,000255,800,000-88,800,00096,000,00010,000,000-509,800,000443,600,000-454,800,000548,600,000-5,000,000-42,400,0009,800,000-38,000,000292,600,000
Cash flow from operations467,900,000-176,400,000-440,600,000224,700,000304,100,000-206,500,000736,800,000-236,000,000881,300,000249,800,000216,000,000238,800,000335,200,000443,600,000
Investing Activities
capital expenditure506,700,000-1,045,800,000-111,500,000-392,100,000-97,900,000-299,500,000-157,000,000-15,000,000-131,500,000-92,300,000-153,200,000-146,900,000-167,300,000-1,361,300,000
Change in Investments-9,300,000-9,200,000-257,300,000233,300,00052,800,00020,900,00000000000
cash flow from investments516,000,000-1,036,600,000145,800,000-625,400,000-150,700,000-320,400,000-157,000,000-15,000,000-131,500,000-92,300,000-153,200,000-146,900,000-167,300,000-1,361,300,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 45,000,000-21,500,00021,500,000000-7,800,0004,200,000-25,000,0001,400,000-149,500,000162,500,000-73,800,00088,000,000
Long term loans-155,200,000648,200,000-110,100,000814,500,000-94,400,000-101,600,000-273,400,000-196,900,000119,800,000-74,800,000214,800,000-294,200,00033,800,0001,361,600,000
Hire Purchase and Lease Commitments-6,200,000-5,300,000-6,100,00070,000,00000-2,000,0002,000,000000000
other long term liabilities-83,000,000-52,900,00028,500,00065,700,000-19,000,00037,600,000115,900,00014,500,000-162,900,000-5,100,00028,000,000134,600,0007,600,0000
share issue-227,800,000278,800,000-249,600,000191,600,000-126,200,000367,700,000-236,100,000234,100,000-303,800,000-45,600,00024,500,000-107,500,000-67,000,000489,200,000
interest-1,800,000-51,500,000-26,600,000-22,500,000-21,000,000-24,600,000-25,600,000-28,800,000-28,800,000-27,900,000-32,600,000-28,200,000-29,700,000-36,700,000
cash flow from financing-429,000,000795,800,000-342,400,0001,119,300,000-260,600,000279,100,000-429,000,00029,100,000-400,700,000-152,000,00085,200,000-132,800,000-129,100,0001,902,100,000
cash and cash equivalents
cash12,200,000-124,100,000-266,100,000323,600,000-55,000,00015,400,00026,000,000-9,100,00025,700,00013,600,00010,300,00020,200,00021,900,000145,600,000
overdraft0-108,100,00067,200,000-1,800,000-1,900,000-2,000,0007,900,0009,000,00029,700,00000000
change in cash12,200,000-16,000,000-333,300,000325,400,000-53,100,00017,400,00018,100,000-18,100,000-4,000,00013,600,00010,300,00020,200,00021,900,000145,600,000

P&L

March 2023

turnover

930m

+24%

operating profit

174.1m

+77%

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

748.6m

-0.13%

total assets

2.4b

-0.09%

cash

160.2m

+0.08%

net assets

Total assets minus all liabilities

nats holdings limited company details

company number

04138218

Type

Private limited with Share Capital

industry

51101 - Scheduled passenger air transport

incorporation date

January 2001

age

23

accounts

Group

ultimate parent company

None

previous names

national air traffic services (no.2) limited (September 2001)

trushelfco (no.2761) limited (January 2001)

incorporated

UK

address

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

last accounts submitted

March 2023

nats holdings 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 2 charges/mortgages relating to nats holdings limited. Currently there are 0 open charges and 2 have been satisfied in the past.

charges

nats holdings limited Companies House Filings - See Documents

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