air berlin plc
air berlin plc Company Information
Group Structure
View All
Industry
Scheduled passenger air transport
Registered Address
c/o browne jacobson llp, 6 bevis marks, london, EC3A 7BA
Website
www.airberlin.comair berlin plc Estimated Valuation
Pomanda estimates the enterprise value of AIR BERLIN PLC at £3.8b based on a Turnover of £3.3b and 1.14x industry multiple (adjusted for size and gross margin).
air berlin plc Estimated Valuation
Pomanda estimates the enterprise value of AIR BERLIN PLC at £0 based on an EBITDA of £-547.5m and a 6.66x industry multiple (adjusted for size and gross margin).
air berlin plc Estimated Valuation
Pomanda estimates the enterprise value of AIR BERLIN PLC at £0 based on Net Assets of £-1.3b and 2.75x industry multiple (adjusted for liquidity).
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Air Berlin Plc Overview
Air Berlin Plc is a live company located in london, EC3A 7BA with a Companies House number of 05643814. It operates in the scheduled passenger air transport sector, SIC Code 51101. Founded in December 2005, it's largest shareholder is unknown. Air Berlin Plc is a mature, mega sized company, Pomanda has estimated its turnover at £3.3b with low growth in recent years.
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Air Berlin Plc Health Check
Pomanda's financial health check has awarded Air Berlin Plc a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £3.3b, make it larger than the average company (£21m)
£3.3b - Air Berlin Plc
£21m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.3%)
4% - Air Berlin Plc
4.3% - Industry AVG
Production
with a gross margin of 15.9%, this company has a comparable cost of product (15.9%)
15.9% - Air Berlin Plc
15.9% - Industry AVG
Profitability
an operating margin of -17.6% make it less profitable than the average company (8.1%)
-17.6% - Air Berlin Plc
8.1% - Industry AVG
Employees
with 8481 employees, this is above the industry average (180)
8481 - Air Berlin Plc
180 - Industry AVG
Pay Structure
on an average salary of £64.2k, the company has a higher pay structure (£43.8k)
£64.2k - Air Berlin Plc
£43.8k - Industry AVG
Efficiency
resulting in sales per employee of £388.8k, this is more efficient (£223.6k)
£388.8k - Air Berlin Plc
£223.6k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (22 days)
34 days - Air Berlin Plc
22 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (19 days)
64 days - Air Berlin Plc
19 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is more than average (2 days)
6 days - Air Berlin Plc
2 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is average cash available to meet short term requirements (7 weeks)
7 weeks - Air Berlin Plc
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 206.3%, this is a higher level of debt than the average (85.1%)
206.3% - Air Berlin Plc
85.1% - Industry AVG
AIR BERLIN PLC financials
Air Berlin Plc's latest turnover from December 2016 is £3.3 billion and the company has net assets of -£1.3 billion. According to their latest financial statements, Air Berlin Plc has 8,481 employees and maintains cash reserves of £191.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 3,297,108,266 | 3,555,226,897 | 3,230,434,850 | 2,971,547,116 | 3,500,873,660 | 3,588,250,573 | 2,983,875,311 | 2,829,747,620 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | -581,004,268 | -267,357,373 | -228,115,391 | -166,163,382 | 56,960,864 | -209,680,842 | -7,485,375 | 24,859,838 |
| Interest Payable | 97,981,012 | 78,345,092 | 77,444,479 | 62,986,743 | 62,696,492 | 70,210,508 | 54,003,526 | 52,591,040 |
| Interest Receivable | 914,554 | 850,100 | 3,235,750 | 5,104,980 | 867,164 | 8,321,874 | 1,007,292 | 1,240,066 |
| Pre-Tax Profit | -702,829,893 | -375,113,666 | -294,193,198 | -218,725,905 | -2,577,135 | -304,597,233 | -113,489,062 | -18,947,690 |
| Tax | 21,796,011 | -13,908,196 | 1,702,904 | -7,366,535 | 8,108,964 | -52,245,140 | 35,631,060 | 10,679,417 |
| Profit After Tax | -681,033,882 | -389,021,862 | -292,490,294 | -226,092,440 | 5,531,829 | -356,842,373 | -77,858,001 | -8,268,274 |
| Dividends Paid | ||||||||
| Retained Profit | -681,033,882 | -389,021,862 | -299,755,397 | -226,092,440 | 5,531,829 | -356,842,373 | -77,858,001 | -8,268,274 |
| Employee Costs | 544,264,437 | 513,286,299 | 407,267,433 | 349,812,970 | 396,850,438 | 403,568,458 | 378,051,927 | 384,876,430 |
| Number Of Employees | 8,481 | 8,869 | 8,612 | 8,991 | 9,284 | 9,113 | 8,900 | 8,278 |
| EBITDA* | -547,518,509 | -229,458,236 | -172,425,843 | -105,032,606 | 117,163,040 | -136,730,329 | 66,848,304 | 120,173,783 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 217,265,918 | 256,964,550 | 357,904,954 | 498,874,955 | 619,344,755 | 809,443,171 | 911,494,511 | 1,157,119,029 |
| Intangible Assets | 182,026,827 | 352,783,730 | 317,439,043 | 298,024,364 | 341,867,489 | 336,141,244 | 310,457,569 | 277,757,401 |
| Investments & Other | 1,834,334 | 2,480,620 | 5,250,815 | 4,776,782 | 3,935,531 | 156,183 | 5,491,625 | 2,791,895 |
| Debtors (Due After 1 year) | 63,255,813 | 49,014,023 | 66,239,322 | 82,623,432 | 64,769,405 | 67,216,704 | 126,337,847 | 92,788,402 |
| Total Fixed Assets | 399,292,744 | 609,748,279 | 675,343,997 | 796,899,319 | 961,212,244 | 1,145,584,415 | 1,221,952,079 | 1,434,876,430 |
| Stock & work in progress | 47,589,060 | 56,313,909 | 50,418,543 | 38,010,032 | 40,489,607 | 38,641,880 | 34,369,741 | 33,817,133 |
| Trade Debtors | 313,587,667 | 148,417,385 | 140,568,411 | 290,954,497 | 149,555,862 | 106,270,266 | 77,264,204 | 83,294,035 |
| Group Debtors | 17,508,931 | 5,647,228 | 6,274,541 | 23,569,993 | ||||
| Misc Debtors | 189,439,944 | 167,307,811 | 199,723,124 | 206,495,204 | 155,719,208 | 153,080,953 | ||
| Cash | 191,897,047 | 143,920,390 | 201,296,008 | 159,844,500 | 266,268,268 | 203,384,262 | 329,427,838 | 325,939,219 |
| misc current assets | 251,843,045 | 87,610,835 | 212,151,732 | 65,409,531 | 165,836,310 | 98,281,131 | 74,278,388 | 51,384,159 |
| total current assets | 804,916,819 | 625,702,465 | 771,742,507 | 554,218,560 | 839,382,105 | 658,719,973 | 677,333,921 | 671,085,495 |
| total assets | 1,204,209,563 | 1,235,450,744 | 1,447,086,504 | 1,351,117,879 | 1,800,594,349 | 1,804,304,388 | 1,899,286,000 | 2,105,961,925 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 487,958,366 | 119,736,957 | 90,823,109 | 83,428,162 | 81,081,520 | 109,855,700 | 88,552,769 | 83,165,662 |
| Group/Directors Accounts | ||||||||
| other short term finances | 29,182,126 | 258,947,041 | ||||||
| hp & lease commitments | 45,302,508 | 67,442,144 | ||||||
| other current liabilities | 826,549,078 | 831,750,715 | 801,038,979 | 762,754,566 | 802,728,156 | 709,003,477 | 603,477,840 | 568,221,114 |
| total current liabilities | 1,314,507,447 | 980,669,802 | 1,150,809,132 | 846,182,730 | 883,809,678 | 818,859,180 | 737,333,120 | 718,828,923 |
| loans | 2,022,499,782 | 1,758,775,366 | 1,133,676,812 | 1,123,532,066 | 1,442,636,407 | 1,608,485,696 | 1,320,016,827 | 1,557,836,868 |
| hp & lease commitments | 509,263,819 | |||||||
| Accruals and Deferred Income | 47,387,858 | 28,887,249 | 51,884,629 | 57,126,502 | 47,467,956 | 23,818,414 | 31,788,490 | |
| other liabilities | 73,227,070 | 34,889,013 | ||||||
| provisions | 171,540,805 | 48,548,034 | 46,454,417 | 48,818,343 | 64,857,096 | 79,553,517 | 55,810,560 | 25,543,620 |
| total long term liabilities | 1,170,247,365 | 951,049,560 | 618,988,973 | 638,266,571 | 811,088,827 | 896,165,011 | 757,003,766 | 854,416,208 |
| total liabilities | 2,484,754,812 | 1,931,719,362 | 1,769,798,105 | 1,484,449,301 | 1,694,898,505 | 1,715,024,191 | 1,494,336,886 | 1,573,245,131 |
| net assets | -1,280,545,249 | -696,268,618 | -322,711,601 | -133,331,423 | 105,695,843 | 89,280,197 | 404,949,114 | 532,716,793 |
| total shareholders funds | -1,280,545,249 | -696,268,618 | -322,711,601 | -133,331,422 | 105,695,843 | 89,280,197 | 404,949,115 | 532,716,793 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -581,004,268 | -267,357,373 | -228,115,391 | -166,163,382 | 56,960,864 | -209,680,842 | -7,485,375 | 24,859,838 |
| Depreciation | 22,361,293 | 26,774,671 | 46,626,029 | 51,627,374 | 53,126,015 | 68,865,122 | 69,002,324 | 86,702,471 |
| Amortisation | 11,124,466 | 11,124,466 | 9,063,519 | 9,503,403 | 7,076,161 | 4,085,391 | 5,331,356 | 8,611,474 |
| Tax | 21,796,011 | -13,908,196 | 1,702,904 | -7,366,535 | 8,108,964 | -52,245,140 | 35,631,060 | 10,679,417 |
| Stock | -8,724,849 | 5,895,366 | 12,408,511 | -2,479,575 | 1,847,727 | 4,272,139 | 552,608 | 33,817,133 |
| Debtors | -10,027,873 | 12,755,807 | 537,617 | -57,979,395 | 45,927,921 | 20,033,602 | 12,862,416 | 352,733,384 |
| Creditors | 368,221,409 | 28,913,848 | 7,394,947 | 2,346,642 | -28,774,180 | 21,302,931 | 5,387,106 | 83,165,662 |
| Accruals and Deferred Income | -52,589,495 | 49,212,345 | 15,287,033 | -45,215,463 | 103,383,225 | 129,175,179 | 27,286,650 | 600,009,604 |
| Deferred Taxes & Provisions | 122,992,771 | 2,093,617 | -2,363,926 | -16,038,753 | -14,696,421 | 23,742,957 | 30,266,940 | 25,543,620 |
| Cash flow from operations | -68,345,091 | -181,797,795 | -163,351,013 | -110,847,744 | 137,408,980 | -39,060,143 | 152,005,037 | 453,021,569 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -646,286 | -2,770,195 | 474,033 | 841,251 | 3,779,348 | -5,335,442 | 2,699,730 | 2,791,895 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | -29,182,126 | -229,764,915 | 258,947,041 | |||||
| Long term loans | 263,724,416 | 625,098,554 | 10,144,746 | -319,104,341 | -165,849,289 | 288,468,869 | -237,820,041 | 1,557,836,868 |
| Hire Purchase and Lease Commitments | -45,302,508 | -531,403,455 | 576,705,963 | |||||
| other long term liabilities | 73,227,070 | -34,889,013 | 34,889,013 | |||||
| share issue | ||||||||
| interest | -97,066,458 | -77,494,992 | -74,208,729 | -57,881,763 | -61,829,328 | -61,888,634 | -52,996,234 | -51,350,974 |
| cash flow from financing | 307,460,153 | 333,303,492 | 305,258,276 | -389,920,929 | -216,794,800 | 187,562,169 | -837,240,395 | 2,624,176,924 |
| cash and cash equivalents | ||||||||
| cash | 47,976,657 | -57,375,618 | 41,451,508 | -106,423,768 | 62,884,006 | -126,043,576 | 3,488,619 | 325,939,219 |
| overdraft | ||||||||
| change in cash | 47,976,657 | -57,375,618 | 41,451,508 | -106,423,768 | 62,884,006 | -126,043,576 | 3,488,619 | 325,939,219 |
air berlin plc Credit Report and Business Information
Air Berlin Plc Competitor Analysis
Perform a competitor analysis for air berlin plc by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mega companies, companies in EC3A area or any other competitors across 12 key performance metrics.
air berlin plc Ownership
AIR BERLIN PLC group structure
Air Berlin Plc has 1 subsidiary company.
air berlin plc directors
Air Berlin Plc currently has 2 directors. The longest serving directors include Mr Michael Lucht (Jan 2019) and Mr Mark Moore (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Lucht | England | 63 years | Jan 2019 | - | Director |
| Mr Mark Moore | England | 59 years | May 2019 | - | Director |
P&L
December 2016turnover
3.3b
-7%
operating profit
-581m
+117%
gross margin
15.9%
-11.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
-1.3b
+0.84%
total assets
1.2b
-0.03%
cash
191.9m
+0.33%
net assets
Total assets minus all liabilities
air berlin plc company details
company number
05643814
Type
Public limited with Share Capital
industry
51101 - Scheduled passenger air transport
incorporation date
December 2005
age
20
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2016
previous names
air berlin limited (December 2005)
accountant
-
auditor
-
address
c/o browne jacobson llp, 6 bevis marks, london, EC3A 7BA
Bank
-
Legal Advisor
-
air berlin plc 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 21 charges/mortgages relating to air berlin plc. Currently there are 21 open charges and 0 have been satisfied in the past.
air berlin plc 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.
Click to start generating capital raising & share issue transactions for AIR BERLIN PLC. This can take several minutes, an email will notify you when this has completed.
air berlin plc Companies House Filings - See Documents
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