gatwick airport finance plc

Live EstablishedDeclining

gatwick airport finance plc Company Information

Share GATWICK AIRPORT FINANCE PLC

Company Number

06894065

Shareholders

ivy super topco limited

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ

Website

-

gatwick airport finance plc Estimated Valuation

£0

Pomanda estimates the enterprise value of GATWICK AIRPORT FINANCE PLC at £0 based on a Turnover of £0 and 0.54x industry multiple (adjusted for size and gross margin).

gatwick airport finance plc Estimated Valuation

£0

Pomanda estimates the enterprise value of GATWICK AIRPORT FINANCE PLC at £0 based on an EBITDA of £-100k and a 3.95x industry multiple (adjusted for size and gross margin).

gatwick airport finance plc Estimated Valuation

£1.3b

Pomanda estimates the enterprise value of GATWICK AIRPORT FINANCE PLC at £1.3b based on Net Assets of £618.2m and 2.13x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Gatwick Airport Finance Plc Overview

Gatwick Airport Finance Plc is a live company located in london, EC2R 7HJ with a Companies House number of 06894065. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2009, it's largest shareholder is ivy super topco limited with a 100% stake. Gatwick Airport Finance Plc is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Gatwick Airport Finance Plc Health Check

Pomanda's financial health check has awarded Gatwick Airport Finance Plc a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Gatwick Airport Finance Plc

- - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (9.4%)

- - Gatwick Airport Finance Plc

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Gatwick Airport Finance Plc

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Gatwick Airport Finance Plc

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (26)

- - Gatwick Airport Finance Plc

- - Industry AVG

paystructure

Pay Structure

on an average salary of £52k, the company has an equivalent pay structure (£52k)

- - Gatwick Airport Finance Plc

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Gatwick Airport Finance Plc

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Gatwick Airport Finance Plc

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Gatwick Airport Finance Plc

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gatwick Airport Finance Plc

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 99 weeks, this is more cash available to meet short term requirements (24 weeks)

- - Gatwick Airport Finance Plc

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 42.6%, this is a lower level of debt than the average (60%)

- - Gatwick Airport Finance Plc

- - Industry AVG

GATWICK AIRPORT FINANCE PLC financials

EXPORTms excel logo

Gatwick Airport Finance Plc's latest turnover from September 2024 is 0 and the company has net assets of £618.2 million. According to their latest financial statements, we estimate that Gatwick Airport Finance Plc has 1 employee and maintains cash reserves of £19.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,015,100,000776,600,000192,700,000217,000,000719,600,000810,800,000764,200,000725,000,000673,100,000638,000,000593,700,000538,900,000517,400,000476,300,000123,700,000
Other Income Or Grants
Cost Of Sales842,687,838643,228,868162,424,950181,701,981597,066,853675,665,558635,829,569596,800,288556,731,336531,166,686494,582,406446,378,249424,028,847388,112,73799,734,922
Gross Profit172,412,162133,371,13230,275,05035,298,019122,533,147135,134,442128,370,431128,199,712116,368,664106,833,31499,117,59492,521,75193,371,15388,187,26323,965,079
Admin Expenses100,000-291,087,838-118,128,868231,575,050283,398,019-156,166,853-136,165,558-115,129,569-79,600,288-80,231,336-48,966,686-57,982,40692,521,751-54,828,847-31,012,73733,565,079
Operating Profit-100,000463,500,000251,500,000-201,300,000-248,100,000278,700,000271,300,000243,500,000207,800,000196,600,000155,800,000157,100,000148,200,000119,200,000-9,600,000
Interest Payable15,900,000160,300,000170,600,000173,100,000160,200,000131,800,000207,500,000193,800,000177,400,000156,300,000158,500,000160,400,000145,300,000135,200,000137,300,00045,100,000
Interest Receivable400,00010,100,00024,100,00069,600,00027,400,00022,900,00020,800,00029,700,00030,400,00021,300,00021,400,00017,100,00014,600,00014,900,00013,700,0004,500,000
Pre-Tax Profit585,200,000366,200,000226,500,000-400,700,000-542,100,000183,900,000185,500,000167,500,00072,900,00088,000,00030,800,00057,800,000-37,500,000-51,800,000-95,300,000-88,700,000
Tax-88,400,000-65,700,0003,600,00060,400,000-40,300,000-51,800,000-31,400,000-7,100,0001,200,00020,600,000-36,900,000-9,500,000100,0003,200,00010,800,000
Profit After Tax585,200,000277,800,000160,800,000-397,100,000-481,700,000143,600,000133,700,000136,100,00065,800,00089,200,00051,400,00020,900,000-47,000,000-51,700,000-92,100,000-77,900,000
Dividends Paid595,900,000400,000,000150,000,000643,000,000125,000,00048,000,00055,000,000169,100,000
Retained Profit-10,700,000277,800,000160,800,000-397,100,000-481,700,000-256,400,000-16,300,000-506,900,000-59,200,00041,200,00051,400,000-34,100,000-47,000,000-51,700,000-261,200,000-77,900,000
Employee Costs51,990169,500,000135,900,00084,800,00097,100,000149,600,000203,600,000201,900,000200,400,000178,200,000164,800,000164,600,000149,100,000140,500,000128,500,00039,900,000
Number Of Employees12,2941,9771,7181,7683,1543,0373,2313,2312,5012,4362,4542,3712,4092,4812,475
EBITDA*-100,000617,600,000415,700,000-26,600,000-67,700,000413,600,000441,300,000411,100,000355,100,000324,900,000283,600,000255,500,00082,000,000223,300,000177,500,000-9,600,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,057,000,0003,441,300,0003,381,500,0003,386,700,0003,341,300,0003,586,500,0003,512,500,0003,317,700,0003,153,900,0002,956,400,0002,832,400,0001,333,900,0001,220,000,0001,066,000,000908,600,0001,411,300,000
Intangible Assets61,800,00068,200,00075,800,00075,100,00078,100,00076,600,00062,100,00061,600,00064,100,00066,300,00051,800,00055,100,00058,400,00061,700,00026,700,000
Investments & Other1,053,100,0001,218,100,0001,151,500,0001,089,900,0001,016,000,0001,189,900,0001,165,200,0001,012,600,000899,300,000818,300,000782,600,000742,600,000688,200,000673,300,000682,200,0004,100,000
Debtors (Due After 1 year)3,900,00068,200,00084,400,00059,700,00016,700,00041,900,00079,700,00080,300,00071,900,000109,200,000
Total Fixed Assets1,057,000,0003,434,900,0003,365,300,0003,402,800,0003,416,400,0003,664,600,0003,589,100,0003,379,800,0003,215,500,0003,020,500,0002,898,700,0002,170,200,0002,043,000,0001,878,000,0001,724,400,0001,551,300,000
Stock & work in progress7,500,0007,100,0006,000,0007,000,0006,100,0006,000,0004,600,0004,500,0002,900,0003,600,0003,600,0003,300,0003,900,0003,400,0003,300,000
Trade Debtors33,900,00018,800,00033,900,00018,000,00025,300,00031,100,00024,700,00022,900,00026,600,00028,200,00025,300,00027,300,00033,200,00039,600,000140,600,000
Group Debtors
Misc Debtors47,400,00044,700,00040,500,00040,200,00035,600,00011,600,00017,300,00013,200,00017,600,00027,100,00020,400,00022,200,00025,600,00014,100,00012,000,000
Cash19,900,000284,200,00077,600,000621,400,000293,700,00010,600,0003,200,00018,100,0003,600,0003,700,0003,900,00013,500,0001,200,00012,900,0003,000,00035,600,000
misc current assets
total current assets19,900,000374,200,000148,200,000736,000,000388,000,00079,800,00051,900,00064,700,00044,200,00050,800,00062,800,00062,800,00054,000,00075,600,00060,100,000191,500,000
total assets1,076,900,0003,809,100,0003,513,500,0004,138,800,0003,804,400,0003,744,400,0003,641,000,0003,444,500,0003,259,700,0003,071,300,0002,961,500,0002,233,000,0002,097,000,0001,953,600,0001,784,500,0001,742,800,000
Bank overdraft
Bank loan
Trade Creditors 10,400,00023,300,00018,200,0008,400,0009,400,00012,000,00012,700,00014,600,00023,700,00019,700,00025,600,00019,700,00015,200,00011,900,00040,300,00043,400,000
Group/Directors Accounts100,000100,000100,000100,000
other short term finances149,800,000274,600,000174,400,000
hp & lease commitments3,100,0003,100,0003,200,0002,900,0002,100,000800,000400,000300,000900,000300,000200,000200,000200,000
other current liabilities251,700,000226,200,000167,200,000156,900,000210,100,000141,300,000149,100,000132,800,000104,900,000101,100,000101,500,00098,900,000103,700,00072,900,000166,800,000
total current liabilities10,400,000427,900,000247,500,000453,400,000343,600,000224,200,000154,000,000164,500,000156,900,000124,900,000127,600,000121,600,000114,400,000115,900,000113,500,000210,200,000
loans895,600,0006,330,700,0006,722,100,0008,377,800,0007,216,400,0003,195,300,0002,909,600,0002,782,200,0002,170,600,0003,796,600,0003,639,200,0001,983,800,0001,863,200,0001,756,400,0001,623,800,0001,301,700,000
hp & lease commitments75,300,00074,900,00078,000,00060,800,00063,400,00050,300,00047,100,00045,200,00044,000,00043,700,0002,700,000200,000
Accruals and Deferred Income76,900,00062,300,00050,700,00015,700,00022,500,000
other liabilities500,000675,000,000600,800,000534,700,000475,900,000473,100,000
provisions759,600,000670,400,000569,200,000613,400,000668,800,000675,800,000604,400,000584,200,000488,000,000488,600,000198,900,000239,800,000191,100,000118,800,00051,300,000
total long term liabilities448,300,0003,738,100,0003,879,800,0004,473,500,0003,914,900,0003,466,300,0003,872,200,0003,638,100,0002,952,200,0002,718,700,0002,650,700,0002,281,500,0002,171,900,0001,998,200,0001,758,500,0001,375,500,000
total liabilities458,700,0004,166,000,0004,127,300,0004,926,900,0004,258,500,0003,690,500,0004,026,200,0003,802,600,0003,109,100,0002,843,600,0002,778,300,0002,403,100,0002,286,300,0002,114,100,0001,872,000,0001,585,700,000
net assets618,200,000-356,900,000-613,800,000-788,100,000-454,100,00053,900,000-385,200,000-358,100,000150,600,000227,700,000183,200,000-170,100,000-189,300,000-160,500,000-87,500,000157,100,000
total shareholders funds618,200,000-356,900,000-613,800,000-788,100,000-454,100,00053,900,000-385,200,000-358,100,000150,600,000227,700,000183,200,000-170,100,000-189,300,000-160,500,000-87,500,000157,100,000
Sep 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-100,000463,500,000251,500,000-201,300,000-248,100,000278,700,000271,300,000243,500,000207,800,000196,600,000155,800,000157,100,000148,200,000119,200,000-9,600,000
Depreciation147,900,000153,300,000162,800,000170,600,000127,400,000161,200,000160,000,000141,500,000119,400,000120,200,00095,100,00078,700,00071,800,00055,000,000
Amortisation6,200,00010,900,00011,900,0009,800,0007,500,0008,800,0007,600,0005,800,0008,900,0007,600,0003,300,0003,300,0003,300,0003,300,000
Tax-88,400,000-65,700,0003,600,00060,400,000-40,300,000-51,800,000-31,400,000-7,100,0001,200,00020,600,000-36,900,000-9,500,000100,0003,200,00010,800,000
Stock-7,500,000400,0001,100,000-1,000,000900,0001,500,0001,400,000100,0001,600,000-700,000300,000-600,000500,000100,0003,300,000
Debtors-145,600,0001,600,00013,800,00059,200,00014,000,00018,900,000700,0005,900,000-8,100,000-11,100,000-32,300,000-41,600,000-9,900,00013,500,000-136,200,000261,800,000
Creditors-12,900,0005,100,0009,800,000-1,000,000-2,600,000-2,600,000-1,900,000-9,100,0004,000,000-5,900,0005,900,0004,500,0003,300,000-28,400,000-3,100,00043,400,000
Accruals and Deferred Income-251,700,00025,500,00059,000,00010,300,000-53,200,00061,000,000-7,800,00016,300,00027,900,0003,800,000-77,300,00017,200,0006,800,00065,800,000-100,700,000189,300,000
Deferred Taxes & Provisions-759,600,00089,200,000101,200,000-44,200,000-55,400,00064,400,00071,400,00020,200,00096,200,000-600,000289,700,000-40,900,00048,700,00072,300,00067,500,00051,300,000
Cash flow from operations-871,200,000647,000,000505,100,000-116,100,000-133,400,000475,700,000449,100,000401,100,000482,600,000335,200,000554,800,000240,700,000141,800,000319,100,000280,500,00020,100,000
Investing Activities
capital expenditure2,446,100,000-207,500,000-151,400,000-220,800,00067,800,000-419,700,000-379,300,000-331,900,000-342,300,000-250,100,000-1,640,800,000-199,000,000-234,700,000-230,300,000-219,000,000-91,100,000
Change in Investments-165,000,00066,600,00061,600,00073,900,000-173,900,000177,300,000152,600,000113,300,00081,000,00035,700,00040,000,00054,400,00014,900,000-8,900,000678,100,0004,100,000
cash flow from investments2,611,100,000-274,100,000-213,000,000-294,700,000241,700,000-597,000,000-531,900,000-445,200,000-423,300,000-285,800,000-1,680,800,000-253,400,000-249,600,000-221,400,000-897,100,000-95,200,000
Financing Activities
Bank loans
Group/Directors Accounts-100,000100,000
Other Short Term Loans -149,800,000149,800,000-274,600,000100,200,000174,400,000
Long term loans-5,435,100,000-391,400,000-1,655,700,0001,161,400,0004,021,100,000413,100,000127,400,000611,600,000-1,626,000,000157,400,0001,655,400,000120,600,000106,800,000132,600,000322,100,0001,301,700,000
Hire Purchase and Lease Commitments-78,400,000400,000-3,200,00017,500,000-1,800,00017,600,0002,400,0002,300,0001,300,000-300,00041,600,0002,800,000-200,000400,000
other long term liabilities500,000-600,800,00074,200,00066,100,00058,800,0002,800,000473,100,000
share issue985,800,000-20,900,00013,500,00063,100,000-26,300,000668,400,000-10,800,000-1,800,000-17,900,0003,300,000301,900,00053,300,00018,200,000-21,300,00016,600,000235,000,000
interest-15,500,000-150,200,000-146,500,000-103,500,000-132,800,000-108,900,000-186,700,000-164,100,000-147,000,000-135,000,000-137,100,000-143,300,000-130,700,000-120,300,000-123,600,000-40,600,000
cash flow from financing-4,692,500,000-412,300,000-2,066,500,0001,238,700,0004,034,600,000389,400,0006,500,000514,100,000-1,730,800,00028,200,0002,334,800,00033,400,000-5,700,000-9,200,000215,600,0001,496,100,000
cash and cash equivalents
cash-264,300,000206,600,000-543,800,000327,700,000283,100,000-7,500,000-14,900,00014,500,000-100,000-200,000-9,600,00012,300,000-11,700,0009,900,000-32,600,00035,600,000
overdraft
change in cash-264,300,000206,600,000-543,800,000327,700,000283,100,000-7,500,000-14,900,00014,500,000-100,000-200,000-9,600,00012,300,000-11,700,0009,900,000-32,600,00035,600,000

gatwick airport 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 gatwick airport finance plc. Get real-time insights into gatwick airport finance plc's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Gatwick Airport Finance Plc Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gatwick airport finance plc by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other established companies, companies in EC2R area or any other competitors across 12 key performance metrics.

gatwick airport finance plc Ownership

GATWICK AIRPORT FINANCE PLC group structure

Gatwick Airport Finance Plc has 2 subsidiary companies.

Ultimate parent company

VINCI AIRPORTS SAS

#0102976

2 parents

GATWICK AIRPORT FINANCE PLC

06894065

2 subsidiaries

GATWICK AIRPORT FINANCE PLC Shareholders

ivy super topco limited 100%

gatwick airport finance plc directors

Gatwick Airport Finance Plc currently has 10 directors. The longest serving directors include Mr Michael McGhee (May 2009) and Mr Nicolas Notebaert (Jun 2019).

officercountryagestartendrole
Mr Michael McGheeEngland68 years May 2009- Director
Mr Nicolas NotebaertFrance55 years Jun 2019- Director
Mr Pierre-Hugues SchmitFrance46 years Jun 2019- Director
Mr Remi Maumon De LongevialleFrance40 years Jun 2019- Director
Mr Olivier MathieuFrance52 years Jun 2019- Director
Mr Per SoderbomEngland49 years Jun 2019- Director
Mr David McMillanUnited Kingdom70 years Jun 2019- Director
Ms Lucy ChadwickUnited Kingdom58 years Jun 2022- Director
Mr Guillaume DuboisFrance49 years Nov 2023- Director
Sir David HigginsEngland70 years Nov 2023- Director

P&L

September 2024

turnover

0

-100%

operating profit

-100k

-100%

gross margin

0%

0%

turnover

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

Balance Sheet

September 2024

net assets

618.2m

-2.73%

total assets

1.1b

-0.72%

cash

19.9m

-0.93%

net assets

Total assets minus all liabilities

gatwick airport finance plc company details

company number

06894065

Type

Public limited with Share Capital

industry

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

incorporation date

May 2009

age

16

incorporated

UK

ultimate parent company

VINCI AIRPORTS SAS

accounts

Interim

last accounts submitted

September 2024

previous names

ivy midco limited (March 2021)

accountant

-

auditor

-

address

c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

gatwick airport 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 gatwick airport finance plc. Currently there are 1 open charges and 1 have been satisfied in the past.

gatwick airport 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 GATWICK AIRPORT FINANCE PLC. This can take several minutes, an email will notify you when this has completed.

gatwick airport finance plc Companies House Filings - See Documents

datedescriptionview/download