south west airports limited
south west airports limited Company Information
Company Number
05403045
Website
http://srtechnics.comRegistered Address
lulsgate house bristol airport, bristol, BS48 3DW
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
01275475206
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
bristol airport (uk) no.3 ltd 100%
rothean corp. 0%
south west airports limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH WEST AIRPORTS LIMITED at £763.1k based on a Turnover of £583k and 1.31x industry multiple (adjusted for size and gross margin).
south west airports limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH WEST AIRPORTS LIMITED at £484.7k based on an EBITDA of £96k and a 5.05x industry multiple (adjusted for size and gross margin).
south west airports limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH WEST AIRPORTS LIMITED at £0 based on Net Assets of £-234.6m and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
South West Airports Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
South West Airports Limited Overview
South West Airports Limited is a live company located in bristol, BS48 3DW with a Companies House number of 05403045. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2005, it's largest shareholder is bristol airport (uk) no.3 ltd with a 100% stake. South West Airports Limited is a established, small sized company, Pomanda has estimated its turnover at £583k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
South West Airports Limited Health Check
Pomanda's financial health check has awarded South West Airports Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £583k, make it smaller than the average company (£18.2m)
£583k - South West Airports Limited
£18.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.7%)
13% - South West Airports Limited
6.7% - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
36.1% - South West Airports Limited
36.1% - Industry AVG
Profitability
an operating margin of 16.5% make it more profitable than the average company (5.1%)
16.5% - South West Airports Limited
5.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (106)
3 - South West Airports Limited
106 - Industry AVG
Pay Structure
on an average salary of £68.7k, the company has a higher pay structure (£42k)
£68.7k - South West Airports Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £194.3k, this is equally as efficient (£178.8k)
£194.3k - South West Airports Limited
£178.8k - Industry AVG
Debtor Days
it gets paid by customers after 161 days, this is later than average (47 days)
161 days - South West Airports Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (48 days)
0 days - South West Airports Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - South West Airports Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - South West Airports Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.7%, this is a higher level of debt than the average (70%)
141.7% - South West Airports Limited
70% - Industry AVG
south west airports limited Credit Report and Business Information
South West Airports Limited Competitor Analysis
Perform a competitor analysis for south west airports limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
south west airports limited Ownership
SOUTH WEST AIRPORTS LIMITED group structure
South West Airports Limited has 1 subsidiary company.
Ultimate parent company
ONTARIO TEACHERS PENSION PLAN BOARD
#0058240
2 parents
SOUTH WEST AIRPORTS LIMITED
05403045
1 subsidiary
south west airports limited directors
South West Airports Limited currently has 5 directors. The longest serving directors include Mrs Janis Kong (Oct 2014) and Mrs Elizabeth Waddell (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Janis Kong | United Kingdom | 73 years | Oct 2014 | - | Director |
| Mrs Elizabeth Waddell | United Kingdom | 61 years | Jan 2015 | - | Director |
| Mr David Kerr | United Kingdom | 61 years | Apr 2018 | - | Director |
| Ms Adrienne Kastirr | United Kingdom | 35 years | Apr 2022 | - | Director |
| Mr Scott Kamins | United Kingdom | 35 years | Sep 2022 | - | Director |
SOUTH WEST AIRPORTS LIMITED financials
South West Airports Limited's latest turnover from December 2022 is £583 thousand and the company has net assets of -£234.6 million. According to their latest financial statements, South West Airports Limited has 3 employees and maintains cash reserves of £894 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 583,000 | 319,000 | 402,000 | 404,000 | 356,000 | 321,000 | 78,000 | 0 | 0 | 65,100,000 | 60,720,000 | 58,393,000 | 57,583,000 | 55,963,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 96,000 | -233,000 | -148,000 | 157,000 | 114,000 | 99,000 | -82,000 | -261,000 | -80,000 | 24,018,000 | 20,665,000 | 20,794,000 | 21,418,000 | 20,752,000 |
| Interest Payable | 36,013,000 | 35,553,000 | 39,241,000 | 37,676,000 | 33,925,000 | 35,308,000 | 34,437,000 | 41,412,000 | 39,667,000 | 37,238,000 | 29,175,000 | 29,607,000 | 28,118,000 | 28,168,000 |
| Interest Receivable | 778,000 | 775,000 | 780,000 | 789,000 | 776,000 | 775,000 | 777,000 | 776,000 | 775,000 | 55,000 | 78,000 | 91,000 | 68,000 | 101,000 |
| Pre-Tax Profit | -35,139,000 | -35,011,000 | -31,109,000 | -23,730,000 | -33,035,000 | -12,434,000 | -33,742,000 | -28,697,000 | -15,798,000 | -12,898,000 | -8,256,000 | -8,689,000 | -6,783,000 | -7,388,000 |
| Tax | 76,000 | 126,000 | -41,000 | 12,000 | 135,000 | -134,000 | 164,000 | 250,000 | 0 | -861,000 | -510,000 | 637,000 | 742,000 | 726,000 |
| Profit After Tax | -35,063,000 | -34,885,000 | -31,150,000 | -23,718,000 | -32,900,000 | -12,568,000 | -33,578,000 | -28,447,000 | -15,798,000 | -13,759,000 | -8,766,000 | -8,052,000 | -6,041,000 | -6,662,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -35,063,000 | -34,885,000 | -31,150,000 | -23,718,000 | -32,900,000 | -12,568,000 | -33,578,000 | -28,447,000 | -15,798,000 | -13,759,000 | -8,766,000 | -8,052,000 | -6,041,000 | -6,662,000 |
| Employee Costs | 206,000 | 176,000 | 149,000 | 156,000 | 151,000 | 133,000 | 112,000 | 109,000 | 18,000 | 9,911,000 | 9,431,000 | 9,123,000 | 8,667,000 | 7,964,000 |
| Number Of Employees | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 215 | 205 | 213 | 200 | 200 | ||
| EBITDA* | 96,000 | -233,000 | -148,000 | 157,000 | 114,000 | 99,000 | -82,000 | -261,000 | -80,000 | 35,317,000 | 32,038,000 | 32,784,000 | 31,984,000 | 31,993,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,556,000 | 17,556,000 | 17,556,000 | 17,556,000 | 6,307,000 | 6,307,000 | 6,307,000 | 7,000 | 7,000 | 196,143,000 | 197,599,000 | 196,930,000 | 201,127,000 | 198,955,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 358,917,000 | 358,917,000 | 358,917,000 | 358,917,000 | 358,917,000 |
| Investments & Other | 517,451,000 | 517,676,000 | 517,903,000 | 1,911,000 | 502,860,000 | 500,724,000 | 500,724,000 | 503,356,000 | 500,724,000 | 6,598,000 | 8,233,000 | 536,000 | 2,688,000 | 3,884,000 |
| Debtors (Due After 1 year) | 5,470,000 | 455,000 | 378,000 | 501,081,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 540,477,000 | 535,687,000 | 535,837,000 | 520,548,000 | 509,167,000 | 507,031,000 | 507,031,000 | 503,363,000 | 500,731,000 | 561,658,000 | 564,749,000 | 556,383,000 | 562,732,000 | 561,756,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 151,000 | 171,000 | 166,000 | 0 | 0 |
| Trade Debtors | 258,000 | 209,000 | 0 | 87,000 | 0 | 0 | 0 | 0 | 0 | 3,195,000 | 3,553,000 | 2,420,000 | 2,275,000 | 2,289,000 |
| Group Debtors | 20,367,000 | 23,524,000 | 12,266,000 | 20,144,000 | 16,171,000 | 20,715,000 | 21,151,000 | 15,531,000 | 15,494,000 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 115,000 | 247,000 | 26,000 | 89,000 | 92,000 | 298,000 | 431,000 | 268,000 | 36,000 | 7,541,000 | 7,383,000 | 7,846,000 | 6,821,000 | 7,638,000 |
| Cash | 894,000 | 10,676,000 | 505,000 | 1,256,000 | 690,000 | 10,399,000 | 152,000 | 1,000 | 3,000 | 6,434,000 | 8,689,000 | 16,285,000 | 14,709,000 | 13,219,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,612,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 21,634,000 | 34,656,000 | 12,797,000 | 21,576,000 | 16,953,000 | 31,412,000 | 21,734,000 | 15,800,000 | 18,145,000 | 17,321,000 | 19,796,000 | 26,717,000 | 23,805,000 | 23,146,000 |
| total assets | 562,111,000 | 570,343,000 | 548,634,000 | 542,124,000 | 526,120,000 | 538,443,000 | 528,765,000 | 519,163,000 | 518,876,000 | 578,979,000 | 584,545,000 | 583,100,000 | 586,537,000 | 584,902,000 |
| Bank overdraft | 32,072,000 | 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 |
| Trade Creditors | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,714,000 | 5,138,000 | 6,186,000 | 4,147,000 | 5,675,000 |
| Group/Directors Accounts | 11,249,000 | 11,249,000 | 11,250,000 | 240,035,000 | 15,220,000 | 6,301,000 | 1,000 | 17,000 | 13,044,000 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 | 87,000 | 42,000 | 0 | 0 | 0 |
| other current liabilities | 42,632,000 | 21,364,000 | 46,000 | 30,521,000 | 37,739,000 | 61,155,000 | 70,487,000 | 59,939,000 | 39,162,000 | 44,190,000 | 35,671,000 | 22,048,000 | 15,050,000 | 13,521,000 |
| total current liabilities | 85,954,000 | 32,613,000 | 11,296,000 | 270,556,000 | 52,959,000 | 67,456,000 | 70,488,000 | 59,956,000 | 52,206,000 | 47,991,000 | 40,851,000 | 28,234,000 | 19,197,000 | 19,196,000 |
| loans | 710,709,000 | 744,625,000 | 430,862,000 | 415,848,000 | 590,440,000 | 558,410,000 | 534,758,000 | 266,090,000 | 245,106,000 | 470,782,000 | 469,785,000 | 472,016,000 | 476,133,000 | 398,946,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 269,000 | 156,000 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 283,799,000 | 0 | 0 | 0 | 0 | 230,101,000 | 233,182,000 | 0 | 0 | 0 | 0 | 69,285,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 710,709,000 | 744,625,000 | 714,661,000 | 415,848,000 | 592,235,000 | 558,410,000 | 534,758,000 | 496,191,000 | 478,288,000 | 471,241,000 | 470,612,000 | 473,129,000 | 477,403,000 | 473,027,000 |
| total liabilities | 796,663,000 | 777,238,000 | 725,957,000 | 686,404,000 | 645,194,000 | 625,866,000 | 605,246,000 | 556,147,000 | 530,494,000 | 519,232,000 | 511,463,000 | 501,363,000 | 496,600,000 | 492,223,000 |
| net assets | -234,552,000 | -206,895,000 | -177,323,000 | -144,280,000 | -119,074,000 | -87,423,000 | -76,481,000 | -36,984,000 | -11,618,000 | 59,747,000 | 73,082,000 | 81,737,000 | 89,937,000 | 92,679,000 |
| total shareholders funds | -234,552,000 | -206,895,000 | -177,323,000 | -144,280,000 | -119,074,000 | -87,423,000 | -76,481,000 | -36,984,000 | -11,618,000 | 59,747,000 | 73,082,000 | 81,737,000 | 89,937,000 | 92,679,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 96,000 | -233,000 | -148,000 | 157,000 | 114,000 | 99,000 | -82,000 | -261,000 | -80,000 | 24,018,000 | 20,665,000 | 20,794,000 | 21,418,000 | 20,752,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,299,000 | 11,373,000 | 11,990,000 | 10,566,000 | 11,241,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 76,000 | 126,000 | -41,000 | 12,000 | 135,000 | -134,000 | 164,000 | 250,000 | 0 | -861,000 | -510,000 | 637,000 | 742,000 | 726,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -151,000 | -20,000 | 5,000 | 166,000 | 0 | 0 |
| Debtors | 1,775,000 | 11,765,000 | -508,731,000 | 505,138,000 | -4,750,000 | -569,000 | 5,783,000 | 269,000 | 4,794,000 | -200,000 | 670,000 | 1,170,000 | -831,000 | 9,927,000 |
| Creditors | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,714,000 | -1,424,000 | -1,048,000 | 2,039,000 | -1,528,000 | 5,675,000 |
| Accruals and Deferred Income | 21,268,000 | 21,318,000 | -30,475,000 | -7,218,000 | -23,416,000 | -9,332,000 | 10,548,000 | 20,777,000 | -5,028,000 | 8,519,000 | 13,623,000 | 6,998,000 | 1,529,000 | 13,521,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 19,666,000 | 9,446,000 | 478,067,000 | -512,187,000 | -18,417,000 | -8,798,000 | 4,847,000 | 20,497,000 | -13,465,000 | 41,771,000 | 43,428,000 | 41,122,000 | 33,558,000 | 41,988,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | -8,659,000 | -11,180,000 | -7,506,000 | -11,440,000 | -10,791,000 | |||||||||
| Change in Investments | -225,000 | -227,000 | 515,992,000 | -500,949,000 | 2,136,000 | 0 | -2,632,000 | 2,632,000 | 494,126,000 | -1,635,000 | 7,697,000 | -2,152,000 | -1,196,000 | 3,884,000 |
| cash flow from investments | -7,024,000 | -18,877,000 | -5,354,000 | -10,244,000 | -14,675,000 | |||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -1,000 | -228,785,000 | 224,815,000 | 8,919,000 | 6,300,000 | -16,000 | -13,027,000 | 13,044,000 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -33,916,000 | 313,763,000 | 15,014,000 | -174,592,000 | 32,030,000 | 23,652,000 | 268,668,000 | 20,984,000 | -225,676,000 | 997,000 | -2,231,000 | -4,117,000 | 77,187,000 | 398,946,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -356,000 | 158,000 | 198,000 | 0 | 0 | 0 |
| other long term liabilities | 0 | -283,799,000 | 283,799,000 | 0 | 0 | 0 | -230,101,000 | -3,081,000 | 233,182,000 | 0 | 0 | 0 | -69,285,000 | 69,285,000 |
| share issue | ||||||||||||||
| interest | -35,235,000 | -34,778,000 | -38,461,000 | -36,887,000 | -33,149,000 | -34,533,000 | -33,660,000 | -40,636,000 | -38,892,000 | -37,183,000 | -29,097,000 | -29,516,000 | -28,050,000 | -28,067,000 |
| cash flow from financing | -61,745,000 | 498,000 | 29,674,000 | 11,848,000 | 9,049,000 | -2,955,000 | -1,028,000 | -32,679,000 | -74,265,000 | -35,604,000 | -31,019,000 | -33,781,000 | -16,849,000 | 539,505,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -9,782,000 | 10,171,000 | -751,000 | 566,000 | -9,709,000 | 10,247,000 | 151,000 | -2,000 | -6,431,000 | -2,255,000 | -7,596,000 | 1,576,000 | 1,490,000 | 13,219,000 |
| overdraft | 32,072,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -41,854,000 | 10,171,000 | -751,000 | 566,000 | -9,709,000 | 10,247,000 | 151,000 | -2,000 | -6,431,000 | -2,255,000 | -7,596,000 | 1,576,000 | 1,490,000 | 13,219,000 |
P&L
December 2022turnover
583k
+83%
operating profit
96k
-141%
gross margin
36.2%
+3.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-234.6m
+0.13%
total assets
562.1m
-0.01%
cash
894k
-0.92%
net assets
Total assets minus all liabilities
Similar Companies
south west airports limited company details
company number
05403045
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
March 2005
age
19
accounts
Full Accounts
ultimate parent company
previous names
sequinplace limited (May 2005)
incorporated
UK
address
lulsgate house bristol airport, bristol, BS48 3DW
last accounts submitted
December 2022
south west airports 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 5 charges/mortgages relating to south west airports limited. Currently there are 2 open charges and 3 have been satisfied in the past.
south west airports limited Companies House Filings - See Documents
| date | description | view/download |
|---|
