Pomanda estimates the enterprise value of HEATHROW FINANCE PLC at £4.2b based on a Turnover of £3.7b and 1.13x industry multiple (adjusted for size and gross margin).
heathrow finance plcEstimated Valuation
£21.8b
Pomanda estimates the enterprise value of HEATHROW FINANCE PLC at £21.8b based on an EBITDA of £2.4b and a 8.95x industry multiple (adjusted for size and gross margin).
heathrow finance plcEstimated Valuation
£0
Pomanda estimates the enterprise value of HEATHROW FINANCE PLC at £0 based on Net Assets of £-4.2b and 2.11x industry multiple (adjusted for liquidity).
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Heathrow Finance PlcOverview
Heathrow Finance Plc is a live company located in hounslow, TW6 2GW with a Companies House number of 06458635. It operates in the activities of head offices sector, SIC Code 70100. Founded in December 2007, it's largest shareholder is
heathrow (dsh) ltd
with a 100% stake. Heathrow Finance Plc is a established,
mega sized company, Pomanda has estimated its turnover at
£3.7b with
rapid
growth in recent years.
Pomanda's financial health check has awarded Heathrow Finance Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
3 Weak
Size
annual sales of £3.7b, make it larger than the average company (£20.2m)
£3.7b - Heathrow Finance Plc
£20.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (7.4%)
46% - Heathrow Finance Plc
7.4% - Industry AVG
Production
with a gross margin of 33.7%, this company has a comparable cost of product (33.7%)
33.7% - Heathrow Finance Plc
33.7% - Industry AVG
Profitability
an operating margin of 46.2% make it more profitable than the average company (5.8%)
46.2% - Heathrow Finance Plc
5.8% - Industry AVG
Employees
with 7464 employees, this is above the industry average (110)
7464 - Heathrow Finance Plc
110 - Industry AVG
Pay Structure
on an average salary of £58k, the company has an equivalent pay structure (£49.9k)
£58k - Heathrow Finance Plc
£49.9k - Industry AVG
Efficiency
resulting in sales per employee of £494k, this is more efficient (£204.5k)
£494k - Heathrow Finance Plc
£204.5k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (45 days)
22 days - Heathrow Finance Plc
45 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is quicker than average (42 days)
38 days - Heathrow Finance Plc
42 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (48 days)
2 days - Heathrow Finance Plc
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (15 weeks)
6 weeks - Heathrow Finance Plc
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 123%, this is a higher level of debt than the average (55.6%)
123% - Heathrow Finance Plc
55.6% - Industry AVG
HEATHROW FINANCE PLC financials
EXPORT
Heathrow Finance Plc's latest turnover from December 2023 is £3.7 billion and the company has net assets of -£4.2 billion. According to their latest financial statements, Heathrow Finance Plc has 7,464 employees and maintains cash reserves of £271 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Jun 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Jun 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
3,687,000,000
2,913,000,000
1,214,000,000
1,175,000,000
3,070,000,000
2,970,000,000
1,405,000,000
2,884,000,000
2,807,000,000
2,765,000,000
2,692,000,000
2,474,000,000
2,222,000,000
2,046,000,000
2,074,000,000
1,978,000,000
Other Income Or Grants
Cost Of Sales
2,445,731,922
1,939,326,690
817,233,987
793,097,446
2,064,154,404
2,002,451,651
947,748,426
1,950,656,023
1,892,689,907
1,882,710,258
1,864,100,053
1,719,306,004
1,546,372,314
1,426,549,371
1,436,861,205
Gross Profit
1,241,268,078
973,673,310
396,766,013
381,902,554
1,005,845,596
967,548,349
457,251,574
933,343,977
914,310,093
882,289,742
827,899,947
754,693,996
675,627,686
619,450,630
637,138,795
Admin Expenses
-461,731,922
117,673,310
670,766,013
1,523,902,554
-183,154,404
-240,451,651
-72,748,426
-281,656,023
-138,689,907
-369,710,258
-8,100,053
-163,306,004
84,627,686
-2,977,995,921
42,450,630
62,138,795
-64,000,000
Operating Profit
1,703,000,000
856,000,000
-274,000,000
-1,142,000,000
1,189,000,000
1,208,000,000
530,000,000
1,215,000,000
1,053,000,000
1,252,000,000
836,000,000
918,000,000
591,000,000
2,977,995,921
577,000,000
575,000,000
64,000,000
Interest Payable
1,062,000,000
681,000,000
1,469,000,000
876,000,000
646,000,000
884,000,000
456,000,000
946,000,000
959,000,000
968,000,000
1,124,000,000
875,000,000
962,000,000
680,712,500
1,029,000,000
895,000,000
785,000,000
Interest Receivable
178,000,000
82,000,000
37,000,000
40,000,000
35,000,000
130,000,000
98,000,000
123,000,000
221,000,000
247,000,000
234,000,000
229,000,000
252,000,000
85,000
247,000,000
162,000,000
151,000,000
Pre-Tax Profit
819,000,000
257,000,000
-1,706,000,000
-1,978,000,000
578,000,000
491,000,000
327,000,000
605,000,000
-207,000,000
703,000,000
-119,000,000
191,000,000
-16,000,000
2,297,368,421
-251,000,000
-343,000,000
-693,000,000
Tax
-208,000,000
-73,000,000
160,000,000
218,000,000
-140,000,000
-79,000,000
-65,000,000
-102,000,000
80,000,000
-41,000,000
35,000,000
123,000,000
122,000,000
-551,368,421
171,000,000
123,000,000
164,000,000
Profit After Tax
611,000,000
184,000,000
-1,546,000,000
-1,760,000,000
438,000,000
412,000,000
262,000,000
503,000,000
-127,000,000
662,000,000
-84,000,000
314,000,000
106,000,000
1,746,000,000
-80,000,000
-220,000,000
-529,000,000
Dividends Paid
107,000,000
468,000,000
497,000,000
224,000,000
335,000,000
616,000,000
437,000,000
700,000,000
346,000,000
Retained Profit
611,000,000
184,000,000
-1,546,000,000
-1,867,000,000
-30,000,000
-85,000,000
38,000,000
168,000,000
-743,000,000
662,000,000
-521,000,000
-386,000,000
-225,000,000
1,746,000,000
-36,000,000
-204,000,000
-649,000,000
Employee Costs
433,000,000
378,000,000
256,000,000
282,000,000
378,000,000
378,000,000
342,961,201
374,000,000
373,000,000
384,000,000
390,000,000
544,000,000
468,000,000
316,000,000
239,000,000
509,000,000
Number Of Employees
7,464
6,054
5,432
7,360
7,827
7,141
8,554
6,895
17,586
17,536
6,910
6,715
14,259
13,499
14,361
9,159
EBITDA*
2,437,000,000
1,630,000,000
526,000,000
-326,000,000
1,926,000,000
1,954,000,000
530,000,000
1,909,000,000
1,747,000,000
1,936,000,000
1,408,000,000
1,368,000,000
1,065,000,000
2,977,995,921
1,060,000,000
1,075,000,000
575,000,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Jun 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Jun 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
14,684,000,000
14,513,000,000
15,084,000,000
14,964,000,000
15,699,000,000
15,220,000,000
15,059,000,000
14,876,000,000
14,461,000,000
13,962,000,000
13,856,000,000
13,582,000,000
12,633,000,000
13,162,000,000
12,811,000,000
12,756,000,000
Intangible Assets
527,000,000
473,000,000
156,000,000
182,000,000
176,000,000
173,000,000
159,000,000
175,000,000
122,000,000
133,000,000
114,000,000
107,000,000
77,000,000
54,000,000
51,000,000
55,000,000
Investments & Other
3,401,000,000
3,375,000,000
2,718,000,000
2,786,000,000
3,061,000,000
3,015,000,000
2,812,000,000
2,794,000,000
2,876,000,000
2,331,000,000
2,226,000,000
2,083,000,000
2,121,000,000
2,651,000,000
2,770,000,000
2,767,000,000
Debtors (Due After 1 year)
745,000,000
601,000,000
938,000,000
593,000,000
634,000,000
602,000,000
600,000,000
601,000,000
102,000,000
97,000,000
97,000,000
Total Fixed Assets
15,211,000,000
14,986,000,000
14,897,000,000
15,146,000,000
15,875,000,000
15,393,000,000
15,218,000,000
15,051,000,000
14,583,000,000
14,095,000,000
13,970,000,000
13,689,000,000
12,710,000,000
13,216,000,000
12,862,000,000
12,811,000,000
Stock & work in progress
17,000,000
16,000,000
13,000,000
14,000,000
13,000,000
13,000,000
11,000,000
11,000,000
11,000,000
11,000,000
10,000,000
9,000,000
7,000,000
8,000,000
5,000,000
5,000,000
Trade Debtors
230,000,000
204,000,000
142,000,000
98,000,000
178,000,000
242,000,000
327,000,000
208,000,000
322,000,000
184,000,000
222,000,000
176,000,000
164,000,000
182,000,000
150,000,000
183,000,000
Group Debtors
246,000,000
228,000,000
179,000,000
149,000,000
121,000,000
93,000,000
68,000,000
166,000,000
30,000,000
40,000,000
16,000,000
49,000,000
127,000,000
76,000,000
Misc Debtors
97,000,000
44,000,000
49,000,000
389,000,000
62,000,000
56,000,000
44,000,000
78,000,000
44,000,000
38,000,000
98,000,000
78,000,000
84,000,000
84,000,000
48,000,000
Cash
271,000,000
477,000,000
232,000,000
305,000,000
1,570,000,000
715,000,000
60,000,000
535,000,000
286,000,000
178,000,000
285,000,000
96,000,000
37,000,000
34,000,000
67,000,000
383,000,000
misc current assets
2,192,000,000
2,514,000,000
2,675,000,000
3,732,000,000
170,000,000
380,000,000
550,000,000
200,000,000
135,000,000
1,331,000,000
171,000,000
total current assets
3,053,000,000
3,483,000,000
3,290,000,000
4,687,000,000
1,944,000,000
1,119,000,000
398,000,000
1,036,000,000
1,077,000,000
1,133,000,000
785,000,000
554,000,000
1,633,000,000
528,000,000
433,000,000
695,000,000
total assets
18,264,000,000
18,469,000,000
18,187,000,000
19,833,000,000
17,819,000,000
16,512,000,000
15,616,000,000
16,087,000,000
15,660,000,000
15,228,000,000
14,755,000,000
14,243,000,000
14,343,000,000
13,744,000,000
13,295,000,000
13,506,000,000
Bank overdraft
24,000,000
Bank loan
39,000,000
39,000,000
41,000,000
Trade Creditors
255,000,000
231,000,000
132,000,000
178,000,000
159,000,000
170,000,000
450,000,000
175,000,000
1,501,000,000
412,000,000
458,000,000
128,000,000
102,000,000
136,000,000
125,000,000
110,000,000
Group/Directors Accounts
1,918,000,000
644,000,000
742,000,000
643,000,000
1,355,000,000
25,000,000
564,000,000
833,000,000
other short term finances
1,571,000,000
984,000,000
981,000,000
9,000,000
985,000,000
929,000,000
39,000,000
428,000,000
hp & lease commitments
32,000,000
37,000,000
40,000,000
43,000,000
38,000,000
other current liabilities
290,000,000
311,000,000
287,000,000
265,000,000
373,000,000
369,000,000
51,000,000
293,000,000
423,000,000
124,000,000
231,000,000
834,000,000
1,029,000,000
581,000,000
501,000,000
731,000,000
total current liabilities
2,148,000,000
1,563,000,000
1,440,000,000
2,404,000,000
1,214,000,000
1,281,000,000
1,153,000,000
1,823,000,000
1,949,000,000
1,521,000,000
1,618,000,000
1,565,000,000
1,583,000,000
1,589,000,000
665,000,000
882,000,000
loans
36,564,000,000
37,668,000,000
37,337,000,000
19,514,000,000
17,315,000,000
15,516,000,000
27,714,000,000
14,494,000,000
14,136,000,000
25,180,000,000
24,814,000,000
12,075,000,000
23,412,000,000
20,906,000,000
21,291,000,000
21,206,000,000
hp & lease commitments
371,000,000
341,000,000
331,000,000
349,000,000
346,000,000
Accruals and Deferred Income
1,056,000,000
1,067,000,000
4,000,000
1,000,000
3,000,000
5,000,000
other liabilities
53,000,000
22,000,000
3,000,000
6,000,000
6,000,000
7,000,000
8,000,000
7,000,000
8,000,000
12,000,000
2,000,000
3,000,000
provisions
1,960,000,000
1,618,000,000
1,496,000,000
1,652,000,000
1,946,000,000
1,900,000,000
2,034,000,000
2,142,000,000
2,014,000,000
60,000,000
22,000,000
2,170,000,000
2,350,000,000
3,198,000,000
3,770,000,000
4,090,000,000
total long term liabilities
20,320,000,000
20,883,000,000
20,532,000,000
19,997,000,000
17,948,000,000
16,473,000,000
15,533,000,000
15,572,000,000
15,151,000,000
14,240,000,000
14,154,000,000
13,163,000,000
13,432,000,000
12,594,000,000
12,820,000,000
12,822,000,000
total liabilities
22,468,000,000
22,446,000,000
21,972,000,000
22,401,000,000
19,162,000,000
17,754,000,000
16,686,000,000
17,395,000,000
17,100,000,000
15,761,000,000
15,772,000,000
14,728,000,000
15,015,000,000
14,183,000,000
13,485,000,000
13,704,000,000
net assets
-4,204,000,000
-3,977,000,000
-3,785,000,000
-2,568,000,000
-1,343,000,000
-1,242,000,000
-1,070,000,000
-1,308,000,000
-1,440,000,000
-533,000,000
-1,017,000,000
-485,000,000
-672,000,000
-439,000,000
-190,000,000
-198,000,000
total shareholders funds
-4,204,000,000
-3,977,000,000
-3,785,000,000
-2,568,000,000
-1,343,000,000
-1,242,000,000
-1,070,000,000
-1,308,000,000
-1,440,000,000
-533,000,000
-1,017,000,000
-485,000,000
-672,000,000
-439,000,000
-190,000,000
-198,000,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Jun 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Jun 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
1,703,000,000
856,000,000
-274,000,000
-1,142,000,000
1,189,000,000
1,208,000,000
530,000,000
1,215,000,000
1,053,000,000
1,252,000,000
836,000,000
918,000,000
591,000,000
2,977,995,921
577,000,000
575,000,000
64,000,000
Depreciation
647,000,000
692,000,000
763,000,000
772,000,000
696,000,000
719,000,000
654,000,000
654,000,000
649,000,000
548,000,000
431,000,000
461,000,000
474,000,000
477,000,000
484,000,000
Amortisation
87,000,000
82,000,000
37,000,000
44,000,000
41,000,000
27,000,000
40,000,000
40,000,000
35,000,000
24,000,000
19,000,000
13,000,000
9,000,000
23,000,000
27,000,000
Tax
-208,000,000
-73,000,000
160,000,000
218,000,000
-140,000,000
-79,000,000
-65,000,000
-102,000,000
80,000,000
-41,000,000
35,000,000
123,000,000
122,000,000
-551,368,421
171,000,000
123,000,000
164,000,000
Stock
1,000,000
3,000,000
-1,000,000
1,000,000
2,000,000
1,000,000
1,000,000
2,000,000
-1,000,000
-8,000,000
3,000,000
5,000,000
Debtors
241,000,000
-231,000,000
79,000,000
234,000,000
2,000,000
72,000,000
6,000,000
419,000,000
11,000,000
104,000,000
73,000,000
56,000,000
-57,000,000
-315,000,000
-46,000,000
54,000,000
307,000,000
Creditors
24,000,000
99,000,000
-46,000,000
19,000,000
-11,000,000
-5,000,000
275,000,000
-1,326,000,000
1,089,000,000
-46,000,000
330,000,000
26,000,000
-34,000,000
-136,000,000
11,000,000
15,000,000
110,000,000
Accruals and Deferred Income
-21,000,000
24,000,000
22,000,000
-108,000,000
4,000,000
76,000,000
-242,000,000
-130,000,000
-757,000,000
-118,000,000
464,000,000
-199,000,000
451,000,000
-582,000,000
78,000,000
-232,000,000
736,000,000
Deferred Taxes & Provisions
342,000,000
122,000,000
-156,000,000
-294,000,000
46,000,000
-242,000,000
-108,000,000
128,000,000
1,954,000,000
38,000,000
-2,148,000,000
-180,000,000
-848,000,000
-3,198,000,000
-572,000,000
-320,000,000
4,090,000,000
Cash flow from operations
2,332,000,000
2,030,000,000
428,000,000
-726,000,000
1,823,000,000
1,630,000,000
384,000,000
60,000,000
4,102,000,000
1,664,000,000
15,000,000
1,080,000,000
814,000,000
-1,166,372,500
791,000,000
607,000,000
5,363,000,000
Investing Activities
capital expenditure
-959,000,000
-520,000,000
-894,000,000
-87,000,000
-1,219,000,000
-1,088,000,000
-167,000,000
-1,162,000,000
-1,182,000,000
-809,000,000
-853,000,000
-1,429,000,000
32,000,000
13,216,000,000
-837,000,000
-551,000,000
-13,322,000,000
Change in Investments
26,000,000
657,000,000
-68,000,000
-275,000,000
46,000,000
221,000,000
18,000,000
-82,000,000
545,000,000
105,000,000
143,000,000
-38,000,000
-530,000,000
-2,651,000,000
-119,000,000
3,000,000
2,767,000,000
cash flow from investments
-985,000,000
-1,177,000,000
-826,000,000
188,000,000
-1,265,000,000
-1,309,000,000
-185,000,000
-1,080,000,000
-1,727,000,000
-914,000,000
-996,000,000
-1,391,000,000
562,000,000
15,867,000,000
-718,000,000
-554,000,000
-16,089,000,000
Financing Activities
Bank loans
-39,000,000
-39,000,000
-2,000,000
41,000,000
Group/Directors Accounts
-1,918,000,000
1,274,000,000
-98,000,000
-613,000,000
-712,000,000
1,330,000,000
25,000,000
-564,000,000
564,000,000
-833,000,000
-833,000,000
833,000,000
Other Short Term Loans
587,000,000
3,000,000
981,000,000
9,000,000
-985,000,000
56,000,000
890,000,000
-389,000,000
428,000,000
Long term loans
-1,104,000,000
331,000,000
17,823,000,000
2,199,000,000
1,799,000,000
1,022,000,000
13,220,000,000
358,000,000
-11,044,000,000
366,000,000
12,739,000,000
-11,337,000,000
2,506,000,000
-20,906,000,000
-385,000,000
85,000,000
21,206,000,000
Hire Purchase and Lease Commitments
25,000,000
7,000,000
-21,000,000
8,000,000
384,000,000
other long term liabilities
31,000,000
19,000,000
-3,000,000
-1,000,000
1,000,000
-1,000,000
-4,000,000
10,000,000
-1,000,000
3,000,000
share issue
-838,000,000
-376,000,000
329,000,000
642,000,000
-71,000,000
151,000,000
200,000,000
-36,000,000
-164,000,000
-178,000,000
-11,000,000
573,000,000
-8,000,000
-1,307,000,000
-213,000,000
212,000,000
451,000,000
interest
-884,000,000
-599,000,000
-1,432,000,000
-836,000,000
-611,000,000
-754,000,000
-358,000,000
-823,000,000
-738,000,000
-721,000,000
-890,000,000
-646,000,000
-710,000,000
-680,627,500
-782,000,000
-733,000,000
-634,000,000
cash flow from financing
-2,183,000,000
-615,000,000
15,759,000,000
3,287,000,000
1,402,000,000
-194,000,000
12,360,000,000
828,000,000
-12,910,000,000
-467,000,000
12,163,000,000
-11,232,000,000
1,344,000,000
-23,765,627,500
-547,000,000
-438,000,000
21,064,000,000
cash and cash equivalents
cash
-206,000,000
245,000,000
-73,000,000
-1,265,000,000
855,000,000
180,000,000
-475,000,000
249,000,000
108,000,000
-107,000,000
189,000,000
59,000,000
3,000,000
-34,000,000
-33,000,000
-316,000,000
383,000,000
overdraft
-24,000,000
24,000,000
change in cash
-206,000,000
245,000,000
-73,000,000
-1,265,000,000
855,000,000
180,000,000
-475,000,000
249,000,000
108,000,000
-107,000,000
189,000,000
83,000,000
-21,000,000
-34,000,000
-33,000,000
-316,000,000
383,000,000
heathrow finance plc Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for heathrow finance plc. Get real-time insights into heathrow finance plc's credit score, group structure and payment trends.
Perform a competitor analysis for heathrow finance plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in TW6 area or any other competitors across 12 key performance metrics.
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heathrow finance 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 2 charges/mortgages relating to heathrow finance plc. Currently there are 1 open charges and 1 have been satisfied in the past.
heathrow finance 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 HEATHROW FINANCE PLC. This can take several minutes, an email will notify you when this has completed.
heathrow finance plcCompanies House Filings - See Documents
