trenchard aviation holdings limited
trenchard aviation holdings limited Company Information
Company Number
09814355
Next Accounts
Jan 2025
Industry
Service activities incidental to air transportation
Directors
Shareholders
steven cloran
graphite capital partners v111 b lp
View AllGroup Structure
View All
Contact
Registered Address
2nd floor 110 cannon street, london, EC4N 6EU
Website
-trenchard aviation holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TRENCHARD AVIATION HOLDINGS LIMITED at £36m based on a Turnover of £27.6m and 1.31x industry multiple (adjusted for size and gross margin).
trenchard aviation holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TRENCHARD AVIATION HOLDINGS LIMITED at £0 based on an EBITDA of £-7.2m and a 7.01x industry multiple (adjusted for size and gross margin).
trenchard aviation holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TRENCHARD AVIATION HOLDINGS LIMITED at £0 based on Net Assets of £-31.5m and 2.73x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Trenchard Aviation Holdings Limited Overview
Trenchard Aviation Holdings Limited is a dissolved company that was located in london, EC4N 6EU with a Companies House number of 09814355. It operated in the service activities incidental to air transportation sector, SIC Code 52230. Founded in October 2015, it's largest shareholder was steven cloran with a 18% stake. The last turnover for Trenchard Aviation Holdings Limited was estimated at £27.6m.
Upgrade for unlimited company reports & a free credit check
Trenchard Aviation Holdings Limited Health Check
Pomanda's financial health check has awarded Trenchard Aviation Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £27.6m, make it larger than the average company (£7.8m)
£27.6m - Trenchard Aviation Holdings Limited
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 73%, show it is growing at a faster rate (7.2%)
73% - Trenchard Aviation Holdings Limited
7.2% - Industry AVG
Production
with a gross margin of 35.6%, this company has a comparable cost of product (38.5%)
35.6% - Trenchard Aviation Holdings Limited
38.5% - Industry AVG
Profitability
an operating margin of -27.4% make it less profitable than the average company (10.1%)
-27.4% - Trenchard Aviation Holdings Limited
10.1% - Industry AVG
Employees
with 273 employees, this is above the industry average (60)
273 - Trenchard Aviation Holdings Limited
60 - Industry AVG
Pay Structure
on an average salary of £32k, the company has a lower pay structure (£48.1k)
£32k - Trenchard Aviation Holdings Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £100.9k, this is less efficient (£158.2k)
£100.9k - Trenchard Aviation Holdings Limited
£158.2k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (31 days)
53 days - Trenchard Aviation Holdings Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (28 days)
44 days - Trenchard Aviation Holdings Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 125 days, this is more than average (29 days)
125 days - Trenchard Aviation Holdings Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (12 weeks)
5 weeks - Trenchard Aviation Holdings Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 217.2%, this is a higher level of debt than the average (77.4%)
217.2% - Trenchard Aviation Holdings Limited
77.4% - Industry AVG
TRENCHARD AVIATION HOLDINGS LIMITED financials
Trenchard Aviation Holdings Limited's latest turnover from March 2019 is £27.6 million and the company has net assets of -£31.5 million. According to their latest financial statements, Trenchard Aviation Holdings Limited has 273 employees and maintains cash reserves of £534.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | |
|---|---|---|---|---|
| Turnover | 27,555,531 | 23,940,715 | 21,591,785 | 5,328,647 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 17,734,400 | 12,467,623 | 8,178,042 | 1,924,364 |
| Gross Profit | 9,821,131 | 11,473,092 | 13,413,743 | 3,404,283 |
| Admin Expenses | 17,360,539 | 20,129,166 | 18,164,616 | 5,355,693 |
| Operating Profit | -7,539,408 | -8,656,074 | -4,750,873 | -1,951,410 |
| Interest Payable | 4,628,018 | 4,085,753 | 3,491,250 | 1,383,197 |
| Interest Receivable | 4 | 1,733 | 19,144 | |
| Pre-Tax Profit | -12,169,694 | -12,334,793 | -8,188,945 | -3,315,463 |
| Tax | 900,457 | 1,710,862 | 1,120,086 | 540,913 |
| Profit After Tax | -11,269,237 | -10,623,931 | -7,068,859 | -2,774,550 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -11,269,237 | -10,623,931 | -7,068,859 | -2,774,550 |
| Employee Costs | 8,744,525 | 8,409,895 | 6,218,763 | 1,862,441 |
| Number Of Employees | 273 | 271 | 272 | 210 |
| EBITDA* | -7,186,158 | 49,693 | 2,785,752 | 881,469 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | |
|---|---|---|---|---|
| Tangible Assets | 1,012,083 | 902,817 | 1,879,319 | 379,606 |
| Intangible Assets | 13,019,594 | 21,543,459 | 29,383,282 | 32,556,766 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,031,677 | 22,446,276 | 31,262,601 | 32,936,372 |
| Stock & work in progress | 6,074,869 | 5,138,814 | 3,759,864 | 881,577 |
| Trade Debtors | 4,044,386 | 4,286,274 | 4,001,494 | 2,214,745 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 2,063,787 | 1,390,631 | 692,184 |
| Cash | 534,324 | 828,846 | 2,321,777 | 4,126,388 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 12,844,025 | 12,317,721 | 11,473,766 | 7,914,894 |
| total assets | 26,875,702 | 34,763,997 | 42,736,367 | 40,851,266 |
| Bank overdraft | 1,125,000 | 0 | 7,282 | 0 |
| Bank loan | 0 | 1,000,000 | 1,177,319 | 0 |
| Trade Creditors | 2,174,597 | 2,312,030 | 2,047,141 | 1,102,018 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 6,716,666 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 2,775,648 | 3,446,743 | 2,254,897 |
| total current liabilities | 5,556,100 | 6,087,678 | 6,678,485 | 10,073,581 |
| loans | 0 | 47,072,389 | 42,328,879 | 28,764,562 |
| hp & lease commitments | 0 | 146,640 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 1,748,590 | 3,387,647 | 4,725,121 |
| total long term liabilities | 52,820,963 | 48,967,619 | 45,716,526 | 33,489,683 |
| total liabilities | 58,377,063 | 55,055,297 | 52,395,011 | 43,563,264 |
| net assets | -31,501,361 | -20,291,300 | -9,658,644 | -2,711,998 |
| total shareholders funds | -31,501,361 | -20,291,300 | -9,658,644 | -2,711,998 |
| Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -7,539,408 | -8,656,074 | -4,750,873 | -1,951,410 |
| Depreciation | 353,250 | 255,684 | 232,963 | 782 |
| Amortisation | 8,450,083 | 7,303,662 | 2,832,097 | |
| Tax | 900,457 | 1,710,862 | 1,120,086 | 540,913 |
| Stock | 936,055 | 1,378,950 | 2,878,287 | 881,577 |
| Debtors | -2,305,675 | 957,936 | 2,485,196 | 2,906,929 |
| Creditors | -137,433 | 264,889 | 945,123 | 1,102,018 |
| Accruals and Deferred Income | -2,775,648 | -671,095 | 1,191,846 | 2,254,897 |
| Deferred Taxes & Provisions | -1,748,590 | -1,639,057 | -1,337,474 | 4,725,121 |
| Cash flow from operations | -2,621,594 | -658,150 | 5,715,912 | |
| Investing Activities | ||||
| capital expenditure | 1,581,158 | 117,628 | -41,195 | |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | 1,581,158 | 117,628 | -41,195 | |
| Financing Activities | ||||
| Bank loans | -1,000,000 | -177,319 | 1,177,319 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -6,716,666 | 6,716,666 |
| Long term loans | -47,072,389 | 4,743,510 | 13,564,317 | 28,764,562 |
| Hire Purchase and Lease Commitments | -146,640 | 146,640 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -4,085,749 | -3,489,517 | -1,364,053 | |
| cash flow from financing | 618,357 | 4,657,666 | 34,179,727 | |
| cash and cash equivalents | ||||
| cash | -294,522 | -1,492,931 | -1,804,611 | 4,126,388 |
| overdraft | 1,125,000 | -7,282 | 7,282 | 0 |
| change in cash | -1,419,522 | -1,485,649 | -1,811,893 | 4,126,388 |
trenchard aviation holdings limited Credit Report and Business Information
Trenchard Aviation Holdings Limited Competitor Analysis
Perform a competitor analysis for trenchard aviation holdings limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other undefined companies, companies in EC4N area or any other competitors across 12 key performance metrics.
trenchard aviation holdings limited Ownership
TRENCHARD AVIATION HOLDINGS LIMITED group structure
Trenchard Aviation Holdings Limited has 1 subsidiary company.
Ultimate parent company
TRENCHARD AVIATION HOLDINGS LIMITED
09814355
1 subsidiary
trenchard aviation holdings limited directors
Trenchard Aviation Holdings Limited currently has 1 director, Mr Mark Faulkner serving since Jun 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Faulkner | 63 years | Jun 2018 | - | Director |
P&L
March 2019turnover
27.6m
+15%
operating profit
-7.5m
-13%
gross margin
35.7%
-25.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-31.5m
+0.55%
total assets
26.9m
-0.23%
cash
534.3k
-0.36%
net assets
Total assets minus all liabilities
trenchard aviation holdings limited company details
company number
09814355
Type
Private limited with Share Capital
industry
52230 - Service activities incidental to air transportation
incorporation date
October 2015
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2019
previous names
atg 4 limited (May 2016)
orpheus topco limited (January 2016)
accountant
-
auditor
GRANT THORNTON UK LLP
address
2nd floor 110 cannon street, london, EC4N 6EU
Bank
-
Legal Advisor
-
trenchard aviation holdings 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 did not find charges/mortgages relating to trenchard aviation holdings limited.
trenchard aviation holdings 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.
Click to start generating capital raising & share issue transactions for TRENCHARD AVIATION HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
trenchard aviation holdings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
