
Company Number
08353309
Next Accounts
Dec 2025
Shareholders
the council of the city of manchester
airports group europe (a) s.a.r.l.
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
6th floor olympic house, manchester airport, manchester, greater manchester, M90 1QX
Pomanda estimates the enterprise value of MANCHESTER AIRPORTS HOLDINGS LIMITED at £1.4b based on a Turnover of £1.2b and 1.12x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MANCHESTER AIRPORTS HOLDINGS LIMITED at £4.4b based on an EBITDA of £492.4m and a 8.88x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MANCHESTER AIRPORTS HOLDINGS LIMITED at £1.4b based on Net Assets of £681.6m and 2.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Manchester Airports Holdings Limited is a live company located in manchester, M90 1QX with a Companies House number of 08353309. It operates in the activities of head offices sector, SIC Code 70100. Founded in January 2013, it's largest shareholder is the council of the city of manchester with a 35.5% stake. Manchester Airports Holdings Limited is a established, mega sized company, Pomanda has estimated its turnover at £1.2b with rapid growth in recent years.
Pomanda's financial health check has awarded Manchester Airports Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £1.2b, make it larger than the average company (£20.1m)
£1.2b - Manchester Airports Holdings Limited
£20.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 91%, show it is growing at a faster rate (9%)
91% - Manchester Airports Holdings Limited
9% - Industry AVG
Production
with a gross margin of 33.2%, this company has a comparable cost of product (33.2%)
33.2% - Manchester Airports Holdings Limited
33.2% - Industry AVG
Profitability
an operating margin of 19.4% make it more profitable than the average company (5.8%)
19.4% - Manchester Airports Holdings Limited
5.8% - Industry AVG
Employees
with 6543 employees, this is above the industry average (114)
6543 - Manchester Airports Holdings Limited
114 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£48.7k)
£50.7k - Manchester Airports Holdings Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £189.2k, this is equally as efficient (£196k)
£189.2k - Manchester Airports Holdings Limited
£196k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is earlier than average (44 days)
23 days - Manchester Airports Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (42 days)
29 days - Manchester Airports Holdings Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (46 days)
0 days - Manchester Airports Holdings Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (16 weeks)
29 weeks - Manchester Airports Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.2%, this is a higher level of debt than the average (54.8%)
86.2% - Manchester Airports Holdings Limited
54.8% - Industry AVG
Manchester Airports Holdings Limited's latest turnover from March 2024 is £1.2 billion and the company has net assets of £681.6 million. According to their latest financial statements, Manchester Airports Holdings Limited has 6,543 employees and maintains cash reserves of £533.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 1,238,000,000 | 1,029,000,000 | 462,100,000 | 178,600,000 | 893,400,000 | 889,400,000 | 818,100,000 | 742,700,000 | 778,800,000 | 738,400,000 | 671,200,000 | 411,500,000 | 373,200,000 |
Other Income Or Grants | |||||||||||||
Cost Of Sales | |||||||||||||
Gross Profit | |||||||||||||
Admin Expenses | |||||||||||||
Operating Profit | 240,100,000 | 28,600,000 | -130,300,000 | -364,600,000 | 182,700,000 | 215,100,000 | 206,800,000 | 195,800,000 | 175,600,000 | 142,200,000 | 23,000,000 | ||
Interest Payable | 236,300,000 | 212,200,000 | 190,700,000 | 175,000,000 | 147,600,000 | 74,500,000 | 67,600,000 | 73,500,000 | 74,200,000 | 81,500,000 | 68,800,000 | 67,700,000 | 28,600,000 |
Interest Receivable | 32,900,000 | 12,400,000 | 9,400,000 | 68,200,000 | 38,100,000 | ||||||||
Pre-Tax Profit | 49,700,000 | -197,400,000 | -288,600,000 | -477,600,000 | 75,400,000 | 189,900,000 | 157,900,000 | 127,200,000 | 117,200,000 | 90,300,000 | 80,800,000 | -32,400,000 | -6,700,000 |
Tax | -46,500,000 | 33,200,000 | -31,000,000 | 42,400,000 | -60,100,000 | -42,200,000 | -35,400,000 | -9,800,000 | -500,000 | -21,700,000 | 28,100,000 | 9,200,000 | 12,900,000 |
Profit After Tax | 3,200,000 | -164,200,000 | -319,600,000 | -435,200,000 | 15,300,000 | 147,700,000 | 122,500,000 | 117,400,000 | 116,700,000 | 68,600,000 | 108,900,000 | -23,200,000 | 6,200,000 |
Dividends Paid | 199,300,000 | 174,700,000 | 149,200,000 | 124,200,000 | 100,600,000 | 77,000,000 | 72,000,000 | 20,100,000 | 20,000,000 | ||||
Retained Profit | 2,600,000 | -164,300,000 | -321,300,000 | -435,200,000 | -172,300,000 | -31,300,000 | -39,500,000 | -5,000,000 | 16,100,000 | -8,400,000 | 36,900,000 | -43,700,000 | -29,200,000 |
Employee Costs | 331,500,000 | 291,700,000 | 164,700,000 | 145,000,000 | 265,400,000 | 249,100,000 | 222,400,000 | 182,100,000 | 174,200,000 | 165,900,000 | 153,500,000 | 95,500,000 | 81,600,000 |
Number Of Employees | 6,543 | 5,609 | 4,296 | 5,495 | 6,399 | 5,649 | 5,145 | 5,188 | 4,908 | 4,426 | 4,231 | 4,060 | |
EBITDA* | 492,400,000 | 271,000,000 | 109,100,000 | -186,700,000 | 363,700,000 | 368,700,000 | 350,200,000 | 332,100,000 | 306,400,000 | 271,200,000 | 88,500,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,460,800,000 | 3,371,300,000 | 3,831,400,000 | 3,922,500,000 | 4,086,200,000 | 3,569,300,000 | 3,091,800,000 | 2,997,900,000 | 2,990,500,000 | 2,997,000,000 | 2,985,100,000 | 2,981,700,000 | 1,529,900,000 |
Intangible Assets | 792,500,000 | 735,400,000 | 296,200,000 | 306,100,000 | 216,200,000 | 217,800,000 | 208,300,000 | 210,800,000 | 213,300,000 | 215,800,000 | 206,300,000 | 196,300,000 | 20,000,000 |
Investments & Other | 173,800,000 | 162,200,000 | 200,700,000 | 177,000,000 | 144,500,000 | 576,300,000 | 541,800,000 | 618,300,000 | 654,400,000 | 630,200,000 | 595,500,000 | 566,400,000 | |
Debtors (Due After 1 year) | 93,000,000 | 101,900,000 | 43,800,000 | 18,300,000 | 88,000,000 | ||||||||
Total Fixed Assets | 4,253,300,000 | 4,106,700,000 | 4,099,300,000 | 4,217,400,000 | 4,214,400,000 | 3,787,100,000 | 3,300,100,000 | 3,208,700,000 | 3,203,800,000 | 3,212,800,000 | 3,191,400,000 | 3,178,000,000 | 1,549,900,000 |
Stock & work in progress | 2,200,000 | 4,100,000 | 4,000,000 | 3,500,000 | 5,200,000 | 3,500,000 | 2,500,000 | 2,100,000 | 2,100,000 | 1,500,000 | 1,300,000 | 1,500,000 | 900,000 |
Trade Debtors | 80,900,000 | 53,800,000 | 47,500,000 | 22,600,000 | 67,400,000 | 75,000,000 | 94,700,000 | 50,800,000 | 41,400,000 | 46,400,000 | 38,400,000 | 33,900,000 | 17,700,000 |
Group Debtors | 100,000 | 500,000 | 5,300,000 | 300,000 | |||||||||
Misc Debtors | 69,200,000 | 63,600,000 | 38,800,000 | 42,600,000 | 35,900,000 | 54,700,000 | 54,400,000 | 45,000,000 | 29,000,000 | 28,600,000 | 32,500,000 | 23,000,000 | 16,200,000 |
Cash | 533,400,000 | 172,800,000 | 488,600,000 | 542,100,000 | 271,300,000 | 32,500,000 | 20,000,000 | 16,700,000 | 300,000 | 10,300,000 | 19,000,000 | 56,900,000 | 1,800,000 |
misc current assets | 2,600,000 | ||||||||||||
total current assets | 703,700,000 | 299,600,000 | 581,000,000 | 612,800,000 | 841,200,000 | 168,300,000 | 171,700,000 | 115,100,000 | 78,100,000 | 87,100,000 | 91,200,000 | 115,300,000 | 36,600,000 |
total assets | 4,957,000,000 | 4,406,300,000 | 4,680,300,000 | 4,830,200,000 | 5,055,600,000 | 3,955,400,000 | 3,471,800,000 | 3,323,800,000 | 3,281,900,000 | 3,299,900,000 | 3,282,600,000 | 3,293,300,000 | 1,586,500,000 |
Bank overdraft | 25,700,000 | 11,900,000 | |||||||||||
Bank loan | 548,300,000 | 105,200,000 | 134,100,000 | 20,000,000 | 12,100,000 | ||||||||
Trade Creditors | 67,400,000 | 53,900,000 | 35,700,000 | 33,000,000 | 74,200,000 | 60,500,000 | 50,900,000 | 42,000,000 | 30,000,000 | 30,800,000 | 24,700,000 | 37,100,000 | 94,700,000 |
Group/Directors Accounts | |||||||||||||
other short term finances | 7,800,000 | 1,100,000 | |||||||||||
hp & lease commitments | 13,100,000 | 9,400,000 | 9,800,000 | 7,900,000 | 6,000,000 | ||||||||
other current liabilities | 303,300,000 | 256,200,000 | 199,700,000 | 192,200,000 | 356,000,000 | 242,200,000 | 233,600,000 | 198,700,000 | 193,700,000 | 168,800,000 | 142,800,000 | 109,600,000 | 24,100,000 |
total current liabilities | 932,100,000 | 424,700,000 | 278,700,000 | 245,000,000 | 436,200,000 | 302,700,000 | 284,500,000 | 374,800,000 | 223,700,000 | 219,600,000 | 179,600,000 | 146,700,000 | 119,900,000 |
loans | 6,161,700,000 | 6,054,100,000 | 6,838,700,000 | 6,648,900,000 | 5,893,400,000 | 3,664,400,000 | 2,693,600,000 | 2,109,000,000 | 2,286,600,000 | 2,284,600,000 | 2,299,500,000 | 2,311,300,000 | 798,800,000 |
hp & lease commitments | 483,900,000 | 448,800,000 | 426,000,000 | 428,400,000 | 411,000,000 | ||||||||
Accruals and Deferred Income | 6,600,000 | 3,500,000 | 5,100,000 | 5,300,000 | 5,300,000 | 6,100,000 | |||||||
other liabilities | 18,800,000 | 12,400,000 | 12,200,000 | 7,800,000 | 8,200,000 | 8,900,000 | 9,600,000 | 91,400,000 | |||||
provisions | 503,000,000 | 482,800,000 | 493,200,000 | 497,000,000 | 625,200,000 | 618,000,000 | 615,000,000 | 680,600,000 | 626,600,000 | 739,800,000 | 684,400,000 | 865,800,000 | 427,800,000 |
total long term liabilities | 3,341,600,000 | 3,278,600,000 | 3,676,100,000 | 3,587,300,000 | 3,273,700,000 | 2,160,000,000 | 1,666,700,000 | 1,407,000,000 | 1,469,500,000 | 1,525,700,000 | 1,514,900,000 | 1,622,900,000 | 704,700,000 |
total liabilities | 4,273,700,000 | 3,703,300,000 | 3,954,800,000 | 3,832,300,000 | 3,709,900,000 | 2,462,700,000 | 1,951,200,000 | 1,781,800,000 | 1,693,200,000 | 1,745,300,000 | 1,694,500,000 | 1,769,600,000 | 824,600,000 |
net assets | 681,600,000 | 701,900,000 | 725,500,000 | 997,900,000 | 1,345,700,000 | 1,492,700,000 | 1,520,600,000 | 1,542,000,000 | 1,588,700,000 | 1,554,600,000 | 1,588,100,000 | 1,523,700,000 | 761,900,000 |
total shareholders funds | 681,600,000 | 701,900,000 | 725,500,000 | 997,900,000 | 1,345,700,000 | 1,492,700,000 | 1,520,600,000 | 1,542,000,000 | 1,588,700,000 | 1,554,600,000 | 1,588,100,000 | 1,523,700,000 | 761,900,000 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | 240,100,000 | 28,600,000 | -130,300,000 | -364,600,000 | 182,700,000 | 215,100,000 | 206,800,000 | 195,800,000 | 175,600,000 | 142,200,000 | 23,000,000 | ||
Depreciation | 252,300,000 | 228,900,000 | 220,500,000 | 168,000,000 | 177,500,000 | 150,600,000 | 140,900,000 | 133,800,000 | 128,300,000 | 129,000,000 | 124,500,000 | 70,000,000 | 65,500,000 |
Amortisation | 13,500,000 | 18,900,000 | 9,900,000 | 3,500,000 | 3,000,000 | 2,500,000 | 2,500,000 | 2,500,000 | |||||
Tax | -46,500,000 | 33,200,000 | -31,000,000 | 42,400,000 | -60,100,000 | -42,200,000 | -35,400,000 | -9,800,000 | -500,000 | -21,700,000 | 28,100,000 | 9,200,000 | 12,900,000 |
Stock | -1,900,000 | 100,000 | 500,000 | -1,700,000 | 1,700,000 | 1,000,000 | 400,000 | 600,000 | 200,000 | -200,000 | 600,000 | 900,000 | |
Debtors | 23,800,000 | 89,200,000 | 46,600,000 | -107,800,000 | 61,600,000 | -19,500,000 | 52,900,000 | 20,600,000 | 400,000 | 4,400,000 | 14,000,000 | 23,000,000 | 33,900,000 |
Creditors | 13,500,000 | 18,200,000 | 2,700,000 | -41,200,000 | 13,700,000 | 9,600,000 | 8,900,000 | 12,000,000 | -800,000 | 6,100,000 | -12,400,000 | -57,600,000 | 94,700,000 |
Accruals and Deferred Income | 47,100,000 | 56,500,000 | 900,000 | -160,700,000 | 117,300,000 | 8,600,000 | 34,900,000 | -100,000 | 24,700,000 | 26,000,000 | 32,400,000 | 91,600,000 | 24,100,000 |
Deferred Taxes & Provisions | 20,200,000 | -10,400,000 | -3,800,000 | -128,200,000 | 7,200,000 | 3,000,000 | -65,600,000 | 54,000,000 | -113,200,000 | 55,400,000 | -181,400,000 | 438,000,000 | 427,800,000 |
Cash flow from operations | 504,800,000 | 279,200,000 | 30,800,000 | -364,900,000 | 378,500,000 | 366,200,000 | 239,700,000 | 367,600,000 | 215,600,000 | 332,400,000 | 613,200,000 | ||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 11,600,000 | -38,500,000 | 23,700,000 | 32,500,000 | -431,800,000 | 34,500,000 | -76,500,000 | -36,100,000 | 24,200,000 | 34,700,000 | 29,100,000 | 566,400,000 | |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 443,100,000 | 105,200,000 | -134,100,000 | 134,100,000 | -20,000,000 | 7,900,000 | 12,100,000 | ||||||
Group/Directors Accounts | |||||||||||||
Other Short Term Loans | -7,800,000 | 7,800,000 | -1,100,000 | 1,100,000 | |||||||||
Long term loans | 107,600,000 | -784,600,000 | 189,800,000 | 755,500,000 | 2,229,000,000 | 970,800,000 | 584,600,000 | -177,600,000 | 2,000,000 | -14,900,000 | -11,800,000 | 1,512,500,000 | 798,800,000 |
Hire Purchase and Lease Commitments | 38,800,000 | 22,400,000 | -500,000 | 19,300,000 | 417,000,000 | ||||||||
other long term liabilities | -18,800,000 | 6,400,000 | 200,000 | 4,400,000 | -400,000 | -700,000 | -700,000 | -81,800,000 | 91,400,000 | ||||
share issue | |||||||||||||
interest | -203,400,000 | -199,800,000 | -181,300,000 | -106,800,000 | -109,500,000 | -74,500,000 | -67,600,000 | -73,500,000 | -74,200,000 | -81,500,000 | -68,800,000 | -67,700,000 | -28,600,000 |
cash flow from financing | 363,200,000 | -723,900,000 | 64,700,000 | 755,400,000 | 2,543,000,000 | 906,100,000 | 401,200,000 | -154,300,000 | -74,600,000 | -114,300,000 | -41,700,000 | 2,167,400,000 | 1,653,800,000 |
cash and cash equivalents | |||||||||||||
cash | 360,600,000 | -315,800,000 | -53,500,000 | 270,800,000 | 238,800,000 | 12,500,000 | 3,300,000 | 16,400,000 | -10,000,000 | -8,700,000 | -37,900,000 | 55,100,000 | 1,800,000 |
overdraft | -25,700,000 | 13,800,000 | 11,900,000 | ||||||||||
change in cash | 360,600,000 | -290,100,000 | -67,300,000 | 258,900,000 | 238,800,000 | 12,500,000 | 3,300,000 | 16,400,000 | -10,000,000 | -8,700,000 | -37,900,000 | 55,100,000 | 1,800,000 |
Perform a competitor analysis for manchester airports holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in M90 area or any other competitors across 12 key performance metrics.
MANCHESTER AIRPORTS HOLDINGS LIMITED group structure
Manchester Airports Holdings Limited has 7 subsidiary companies.
Ultimate parent company
MANCHESTER AIRPORTS HOLDINGS LIMITED
08353309
7 subsidiaries
Manchester Airports Holdings Limited currently has 11 directors. The longest serving directors include Mr Charles Cornish (Jan 2013) and Mr John O'Toole (Feb 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Charles Cornish | 65 years | Jan 2013 | - | Director | |
Mr John O'Toole | United Kingdom | 50 years | Feb 2013 | - | Director |
Mr Jonathan Wragg | 65 years | Sep 2016 | - | Director | |
Mrs Catherine Schefer | England | 57 years | Sep 2016 | - | Director |
Mr John Blundell | England | 31 years | Dec 2018 | - | Director |
Mrs Janine Bramall | 52 years | Dec 2020 | - | Director | |
Councillor Beverley Craig | United Kingdom | 40 years | Dec 2021 | - | Director |
Mr Paul Venables | 63 years | Feb 2022 | - | Director | |
Ms Amanda Brown | 56 years | Sep 2023 | - | Director | |
Ms Deepa Bharadwaj | England | 64 years | Apr 2024 | - | Director |
P&L
March 2024turnover
1.2b
+20%
operating profit
240.1m
+740%
gross margin
33.2%
+0.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
681.6m
-0.03%
total assets
5b
+0.12%
cash
533.4m
+2.09%
net assets
Total assets minus all liabilities
company number
08353309
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
6th floor olympic house, manchester airport, manchester, greater manchester, M90 1QX
Bank
-
Legal Advisor
-
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 did not find charges/mortgages relating to manchester airports holdings limited.
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 MANCHESTER AIRPORTS HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
date | description | view/download |
---|