airtanker limited

airtanker limited Company Information

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Company Number

06279734

Industry

Other business support service activities n.e.c.

 

Directors

Paul Jayne

Paul Kimberley

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Shareholders

airtanker holdings ltd

Group Structure

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Contact

Registered Address

airtanker hub raf brize norton, carterton, oxfordshire, OX18 3LX

airtanker limited Estimated Valuation

£664.4m

Pomanda estimates the enterprise value of AIRTANKER LIMITED at £664.4m based on a Turnover of £549.2m and 1.21x industry multiple (adjusted for size and gross margin).

airtanker limited Estimated Valuation

£2.8b

Pomanda estimates the enterprise value of AIRTANKER LIMITED at £2.8b based on an EBITDA of £329.3m and a 8.6x industry multiple (adjusted for size and gross margin).

airtanker limited Estimated Valuation

£95.3m

Pomanda estimates the enterprise value of AIRTANKER LIMITED at £95.3m based on Net Assets of £40.3m and 2.37x industry multiple (adjusted for liquidity).

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Airtanker Limited Overview

Airtanker Limited is a live company located in oxfordshire, OX18 3LX with a Companies House number of 06279734. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2007, it's largest shareholder is airtanker holdings ltd with a 100% stake. Airtanker Limited is a established, mega sized company, Pomanda has estimated its turnover at £549.2m with healthy growth in recent years.

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Airtanker Limited Health Check

Pomanda's financial health check has awarded Airtanker Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £549.2m, make it larger than the average company (£4.8m)

£549.2m - Airtanker Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.6%)

7% - Airtanker Limited

6.6% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Airtanker Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 35.3% make it more profitable than the average company (5.7%)

35.3% - Airtanker Limited

5.7% - Industry AVG

employees

Employees

with 3202 employees, this is above the industry average (27)

3202 - Airtanker Limited

27 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Airtanker Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £171.5k, this is equally as efficient (£171.5k)

£171.5k - Airtanker Limited

£171.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (41 days)

0 days - Airtanker Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (32 days)

0 days - Airtanker Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Airtanker Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 95 weeks, this is more cash available to meet short term requirements (22 weeks)

95 weeks - Airtanker Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.2%, this is a higher level of debt than the average (62.4%)

98.2% - Airtanker Limited

62.4% - Industry AVG

AIRTANKER LIMITED financials

EXPORTms excel logo

Airtanker Limited's latest turnover from December 2023 is £549.2 million and the company has net assets of £40.3 million. According to their latest financial statements, we estimate that Airtanker Limited has 3,202 employees and maintains cash reserves of £372.4 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
Turnover549,206,000498,498,000453,458,000447,405,000455,619,000458,468,000386,515,000440,830,000484,250,000475,782,000344,392,000221,464,0001,260,00002,365,000
Other Income Or Grants000000000000000
Cost Of Sales339,326,000320,938,000302,431,000306,957,000304,130,000306,591,000280,343,000270,617,000233,335,000187,456,000120,828,00080,514,0001,161,000406,0002,129,000
Gross Profit209,880,000177,560,000151,027,000140,448,000151,489,000151,877,000106,172,000170,213,000250,915,000288,326,000223,564,000140,950,00099,000-406,000236,000
Admin Expenses15,847,0009,105,00011,561,00012,850,00010,660,00010,752,0008,461,0006,988,0007,711,0008,306,0005,914,0008,130,00039,506,00016,891,00019,028,000
Operating Profit194,033,000168,455,000139,466,000127,598,000140,829,000141,125,00097,711,000163,225,000243,204,000280,020,000217,650,000132,820,000-39,407,000-17,297,000-18,792,000
Interest Payable123,540,000127,174,000130,156,000136,242,000142,460,000145,006,000146,153,000140,667,000138,498,000141,363,000134,770,000120,528,00093,031,00055,661,00033,504,000
Interest Receivable19,840,0004,729,0000774,0002,174,0001,789,0001,071,0001,461,000647,0009,303,00014,694,00027,611,00022,316,000135,000434,000
Pre-Tax Profit90,333,00046,010,0009,310,000-7,870,000543,000-2,092,000-47,371,00022,222,000114,053,000148,394,00097,574,00039,903,000-110,122,000-72,823,000-51,862,000
Tax-21,707,000-9,781,000-37,225,000-12,363,000-347,0001,428,0005,735,0002,252,000-9,926,000-27,916,000-20,774,000-5,993,00017,175,00012,778,00014,059,000
Profit After Tax68,626,00036,229,000-27,915,000-20,233,000196,000-664,000-41,636,00024,474,000104,127,000120,478,00076,800,00033,910,000-92,947,000-60,045,000-37,803,000
Dividends Paid30,000,000015,000,00076,657,00026,500,00074,059,000000000000
Retained Profit38,626,00036,229,000-42,915,000-96,890,000-26,304,000-74,723,000-41,636,00024,474,000104,127,000120,478,00076,800,00033,910,000-92,947,000-60,045,000-37,803,000
Employee Costs000000000000356,18700
Number Of Employees3,2023,0763,1013,0803,0253,1062,7143,0923,2403,1912,3151,497910
EBITDA*329,347,000303,769,000274,779,000262,913,000276,143,000276,444,000234,969,000291,926,000344,489,000354,329,000264,070,000147,216,000-39,407,000-17,297,000-18,792,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,608,679,0001,741,978,0001,875,277,0002,008,575,0002,141,875,0002,275,257,0002,420,467,0002,543,296,0002,594,556,0002,321,381,0002,143,481,0001,924,640,0001,574,856,0001,071,520,000711,969,000
Intangible Assets22,502,00024,517,00026,532,00028,547,00030,562,00032,577,00034,592,00036,607,00038,622,00040,637,00000000
Investments & Other00096,828,00086,009,00000000000028,553,000
Debtors (Due After 1 year)000000000456,00040,637,00042,652,00044,667,00046,682,00048,697,000
Total Fixed Assets1,631,181,0001,766,495,0001,901,809,0002,133,950,0002,258,446,0002,307,834,0002,455,059,0002,579,903,0002,633,178,0002,362,474,0002,184,118,0001,967,292,0001,619,523,0001,118,202,000789,219,000
Stock & work in progress000000000000000
Trade Debtors8,0001,830,00087,0001,650,00000000004,489,00091,000196,0001,261,000
Group Debtors104,841,000101,753,000100,190,00097,948,000104,638,00097,268,000102,689,00064,852,0000000000
Misc Debtors100,258,000102,490,000137,624,00045,047,00046,755,00046,873,00053,530,00045,378,00049,110,00049,736,00072,963,00048,724,00049,240,00036,892,00025,235,000
Cash372,444,000307,565,000314,824,000276,795,000297,483,000260,923,000239,591,000200,922,000123,387,00072,430,00077,404,00041,720,00046,339,00029,388,00021,063,000
misc current assets000000001,604,0001,727,0000000668,000
total current assets577,551,000513,638,000552,725,000421,440,000448,876,000405,064,000395,810,000311,152,000174,101,000123,893,000150,367,00094,933,00095,670,00066,476,00048,227,000
total assets2,208,732,0002,280,133,0002,454,534,0002,555,390,0002,707,322,0002,712,898,0002,850,869,0002,891,055,0002,807,279,0002,486,367,0002,334,485,0002,062,225,0001,715,193,0001,184,678,000837,446,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 72,0003,141,00028,645,00015,665,0002,942,0001,099,0005,477,0003,282,0003,021,00013,943,00039,200,00031,225,00089,615,00029,628,00021,900,000
Group/Directors Accounts137,566,000117,361,00098,931,00092,536,00090,972,00078,367,00073,904,0007,267,0007,873,0007,693,0006,600,0007,147,0006,129,0003,614,0002,946,000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities64,112,00058,760,00054,838,00062,454,00057,753,00051,329,00063,648,00060,678,00042,599,00028,867,00044,605,00072,183,000181,177,00014,135,00011,956,000
total current liabilities201,750,000179,262,000182,414,000170,655,000151,667,000130,795,000143,029,00071,227,00053,493,00050,503,00090,405,000110,555,000276,921,00047,377,00036,802,000
loans1,798,269,0001,892,694,0002,422,933,0002,724,921,0002,777,215,0002,835,998,0002,996,188,0003,123,152,0002,966,726,0002,300,808,0002,279,006,0002,091,094,0001,626,398,0001,232,480,000835,778,000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000720,265,00000000
provisions168,449,000182,451,000140,062,00096,561,00096,602,00016,779,000003,166,000042,490,00014,792,000000
total long term liabilities1,966,718,0002,075,145,0002,562,995,0002,821,482,0002,873,817,0002,852,777,0002,996,188,0003,123,152,0002,969,892,0003,021,073,0002,321,496,0002,105,886,0001,626,398,0001,232,480,000835,778,000
total liabilities2,168,468,0002,254,407,0002,745,409,0002,992,137,0003,025,484,0002,983,572,0003,139,217,0003,194,379,0003,023,385,0003,071,576,0002,411,901,0002,216,441,0001,903,319,0001,279,857,000872,580,000
net assets40,264,00025,726,000-290,875,000-436,747,000-318,162,000-270,674,000-288,348,000-303,324,000-216,106,000-585,209,000-77,416,000-154,216,000-188,126,000-95,179,000-35,134,000
total shareholders funds40,264,00025,726,000-290,875,000-436,747,000-318,162,000-270,674,000-288,348,000-303,324,000-216,106,000-585,209,000-77,416,000-154,216,000-188,126,000-95,179,000-35,134,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit194,033,000168,455,000139,466,000127,598,000140,829,000141,125,00097,711,000163,225,000243,204,000280,020,000217,650,000132,820,000-39,407,000-17,297,000-18,792,000
Depreciation133,299,000133,299,000133,298,000133,300,000133,299,000133,304,000135,243,000126,686,00099,270,00072,294,00044,405,00014,396,000000
Amortisation2,015,0002,015,0002,015,0002,015,0002,015,0002,015,0002,015,0002,015,0002,015,0002,015,0002,015,0000000
Tax-21,707,000-9,781,000-37,225,000-12,363,000-347,0001,428,0005,735,0002,252,000-9,926,000-27,916,000-20,774,000-5,993,00017,175,00012,778,00014,059,000
Stock000000000000000
Debtors-966,000-31,828,00093,256,000-6,748,0007,252,000-12,078,00045,989,00061,120,000-1,082,000-63,408,00017,735,0001,867,00010,228,0008,577,00075,193,000
Creditors-3,069,000-25,504,00012,980,00012,723,0001,843,000-4,378,0002,195,000261,000-10,922,000-25,257,0007,975,000-58,390,00059,987,0007,728,00021,900,000
Accruals and Deferred Income5,352,0003,922,000-7,616,0004,701,0006,424,000-12,319,0002,970,00018,079,00013,732,000-15,738,000-27,578,000-108,994,000167,042,0002,179,00011,956,000
Deferred Taxes & Provisions-14,002,00042,389,00043,501,000-41,00079,823,00016,779,0000-3,166,0003,166,000-42,490,00027,698,00014,792,000000
Cash flow from operations296,887,000346,623,000193,163,000274,681,000356,634,000290,032,000199,880,000248,232,000341,621,000306,336,000233,656,000-13,236,000194,569,000-3,189,000-46,070,000
Investing Activities
capital expenditure000083,00011,906,000-12,414,000-75,426,000-372,445,000-292,846,000-265,261,000-364,180,000-503,336,000-359,551,000-711,969,000
Change in Investments00-96,828,00010,819,00086,009,00000000000-28,553,00028,553,000
cash flow from investments0096,828,000-10,819,000-85,926,00011,906,000-12,414,000-75,426,000-372,445,000-292,846,000-265,261,000-364,180,000-503,336,000-330,998,000-740,522,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts20,205,00018,430,0006,395,0001,564,00012,605,0004,463,00066,637,000-606,000180,0001,093,000-547,0001,018,0002,515,000668,0002,946,000
Other Short Term Loans 000000000000000
Long term loans-94,425,000-530,239,000-301,988,000-52,294,000-58,783,000-160,190,000-126,964,000156,426,000665,918,00021,802,000187,912,000464,696,000393,918,000396,702,000835,778,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000000-720,265,000720,265,00000000
share issue-24,088,000280,372,000188,787,000-21,695,000-21,184,00092,397,00056,612,000-111,692,000264,976,000-628,271,00000002,669,000
interest-103,700,000-122,445,000-130,156,000-135,468,000-140,286,000-143,217,000-145,082,000-139,206,000-137,851,000-132,060,000-120,076,000-92,917,000-70,715,000-55,526,000-33,070,000
cash flow from financing-202,008,000-353,882,000-236,962,000-207,893,000-207,648,000-206,547,000-148,797,000-95,078,00072,958,000-17,171,00067,289,000372,797,000325,718,000341,844,000808,323,000
cash and cash equivalents
cash64,879,000-7,259,00038,029,000-20,688,00036,560,00021,332,00038,669,00077,535,00050,957,000-4,974,00035,684,000-4,619,00016,951,0008,325,00021,063,000
overdraft000000000000000
change in cash64,879,000-7,259,00038,029,000-20,688,00036,560,00021,332,00038,669,00077,535,00050,957,000-4,974,00035,684,000-4,619,00016,951,0008,325,00021,063,000

airtanker 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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Airtanker Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for airtanker limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in OX18 area or any other competitors across 12 key performance metrics.

airtanker limited Ownership

AIRTANKER LIMITED group structure

Airtanker Limited has no subsidiary companies.

Ultimate parent company

1 parent

AIRTANKER LIMITED

06279734

AIRTANKER LIMITED Shareholders

airtanker holdings ltd 100%

airtanker limited directors

Airtanker Limited currently has 12 directors. The longest serving directors include Mr Paul Jayne (Nov 2014) and Mr Paul Kimberley (Oct 2017).

officercountryagestartendrole
Mr Paul JayneUnited Kingdom60 years Nov 2014- Director
Mr Paul KimberleyUnited Kingdom57 years Oct 2017- Director
Mr Stephen McCannUnited Kingdom57 years Dec 2017- Director
Mr Rodrigo GarciaSpain54 years Sep 2020- Director
Mr Kashif RahufUnited Kingdom46 years Feb 2022- Director
Mr Jordan FieldUnited Kingdom37 years Feb 2022- Director
Mr Kashif RahufUnited Kingdom46 years Feb 2022- Director
Mr Robert CrewUnited Kingdom61 years Dec 2022- Director
Mr Mark AlexanderUnited Kingdom62 years Jun 2023- Director
Mr Olivier AstUnited Kingdom44 years Jul 2023- Director

P&L

December 2023

turnover

549.2m

+10%

operating profit

194m

+15%

gross margin

38.3%

+7.29%

turnover

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

Balance Sheet

December 2023

net assets

40.3m

+0.57%

total assets

2.2b

-0.03%

cash

372.4m

+0.21%

net assets

Total assets minus all liabilities

airtanker limited company details

company number

06279734

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

June 2007

age

18

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

airtanker projectco limited (March 2008)

tiaglade limited (July 2007)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

airtanker hub raf brize norton, carterton, oxfordshire, OX18 3LX

Bank

LLOYDS BANKING GROUP

Legal Advisor

-

airtanker 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 28 charges/mortgages relating to airtanker limited. Currently there are 28 open charges and 0 have been satisfied in the past.

airtanker 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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airtanker limited Companies House Filings - See Documents

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