regional & city airports group limited
regional & city airports group limited Company Information
Company Number
12261520
Next Accounts
Dec 2025
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
regional & city airports holdings limited
steve rigby james rigby & st andrew trustees limited acting in their capacity as trustees of the castillo no.3 trust
View AllGroup Structure
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Contact
Registered Address
airport house exeter airport, exeter, devon, EX5 2BD
Website
rigbygroupplc.comregional & city airports group limited Estimated Valuation
Pomanda estimates the enterprise value of REGIONAL & CITY AIRPORTS GROUP LIMITED at £343.6m based on a Turnover of £111.4m and 3.08x industry multiple (adjusted for size and gross margin).
regional & city airports group limited Estimated Valuation
Pomanda estimates the enterprise value of REGIONAL & CITY AIRPORTS GROUP LIMITED at £260.5m based on an EBITDA of £19.8m and a 13.14x industry multiple (adjusted for size and gross margin).
regional & city airports group limited Estimated Valuation
Pomanda estimates the enterprise value of REGIONAL & CITY AIRPORTS GROUP LIMITED at £118.8m based on Net Assets of £94.3m and 1.26x industry multiple (adjusted for liquidity).
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Regional & City Airports Group Limited Overview
Regional & City Airports Group Limited is a live company located in devon, EX5 2BD with a Companies House number of 12261520. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2019, it's largest shareholder is regional & city airports holdings limited with a 100% stake. Regional & City Airports Group Limited is a young, mega sized company, Pomanda has estimated its turnover at £111.4m with unknown growth in recent years.
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Regional & City Airports Group Limited Health Check
Pomanda's financial health check has awarded Regional & City Airports Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
0 Regular
2 Weak
Size
annual sales of £111.4m, make it larger than the average company (£19.7m)
£111.4m - Regional & City Airports Group Limited
£19.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Regional & City Airports Group Limited
- - Industry AVG
Production
with a gross margin of 57.8%, this company has a lower cost of product (34.9%)
57.8% - Regional & City Airports Group Limited
34.9% - Industry AVG
Profitability
an operating margin of 14.9% make it more profitable than the average company (4.7%)
14.9% - Regional & City Airports Group Limited
4.7% - Industry AVG
Employees
with 847 employees, this is above the industry average (107)
847 - Regional & City Airports Group Limited
107 - Industry AVG
Pay Structure
on an average salary of £34.3k, the company has a lower pay structure (£44.9k)
£34.3k - Regional & City Airports Group Limited
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £131.6k, this is less efficient (£194.8k)
£131.6k - Regional & City Airports Group Limited
£194.8k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (45 days)
25 days - Regional & City Airports Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (43 days)
29 days - Regional & City Airports Group Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (35 days)
7 days - Regional & City Airports Group Limited
35 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (14 weeks)
30 weeks - Regional & City Airports Group Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46%, this is a lower level of debt than the average (68.6%)
46% - Regional & City Airports Group Limited
68.6% - Industry AVG
REGIONAL & CITY AIRPORTS GROUP LIMITED financials
Regional & City Airports Group Limited's latest turnover from March 2024 is £111.4 million and the company has net assets of £94.3 million. According to their latest financial statements, Regional & City Airports Group Limited has 847 employees and maintains cash reserves of £12.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Turnover | 111,437,000 | 93,149,000 | 0 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | ||
| Cost Of Sales | 47,077,000 | 39,181,000 | 0 | ||
| Gross Profit | 64,360,000 | 53,968,000 | 0 | ||
| Admin Expenses | 47,782,000 | 50,241,000 | 0 | ||
| Operating Profit | 16,578,000 | 3,727,000 | -245 | -13,509 | 0 |
| Interest Payable | 4,784,000 | 3,733,000 | 0 | 0 | 0 |
| Interest Receivable | 2,450,000 | 1,325,000 | 0 | 0 | 0 |
| Pre-Tax Profit | 14,244,000 | 1,319,000 | -245 | -13,509 | 0 |
| Tax | -3,427,000 | 68,000 | 46 | 32 | 0 |
| Profit After Tax | 10,817,000 | 1,387,000 | -199 | -13,477 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 10,817,000 | 1,387,000 | -199 | -13,477 | 0 |
| Employee Costs | 29,013,000 | 25,505,000 | 0 | 0 | 0 |
| Number Of Employees | 847 | 794 | |||
| EBITDA* | 19,825,000 | 45,762,000 | -245 | -13,509 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 62,976,000 | 59,628,000 | 0 | 0 | 0 |
| Intangible Assets | -1,682,000 | -2,854,000 | 0 | 0 | 0 |
| Investments & Other | 85,065,000 | 84,723,000 | 49,743,405 | 49,743,403 | 49,743,403 |
| Debtors (Due After 1 year) | 0 | 27,242,000 | 0 | 0 | 0 |
| Total Fixed Assets | 146,359,000 | 168,739,000 | 49,743,405 | 49,743,403 | 49,743,403 |
| Stock & work in progress | 1,010,000 | 1,122,000 | 0 | 0 | 0 |
| Trade Debtors | 7,910,000 | 5,867,000 | 0 | 1,680 | 0 |
| Group Debtors | 795,000 | 193,000 | 0 | 0 | 0 |
| Misc Debtors | 6,444,000 | 6,392,000 | 78 | 32 | 0 |
| Cash | 12,177,000 | 9,130,000 | 2,253 | 4,109 | 1 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 28,336,000 | 22,704,000 | 2,331 | 5,821 | 1 |
| total assets | 174,695,000 | 191,443,000 | 49,745,736 | 49,749,224 | 49,743,404 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 2,047,000 | 6,111,000 | 0 | 0 | 0 |
| Trade Creditors | 3,835,000 | 2,821,000 | 0 | 1,680 | 0 |
| Group/Directors Accounts | 0 | 53,000 | 16,007 | 16,210 | 0 |
| other short term finances | 191,000 | 95,000 | 0 | 0 | 0 |
| hp & lease commitments | 400,000 | 504,000 | 0 | 0 | 0 |
| other current liabilities | 14,538,000 | 11,014,000 | 0 | 1,406 | 0 |
| total current liabilities | 21,011,000 | 20,598,000 | 16,007 | 19,296 | 0 |
| loans | 42,426,000 | 65,856,000 | 0 | 0 | 0 |
| hp & lease commitments | 849,000 | 874,000 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,803,000 | 3,238,000 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 13,295,000 | 11,780,000 | 0 | 0 | 0 |
| total long term liabilities | 59,383,000 | 81,748,000 | 0 | 0 | 0 |
| total liabilities | 80,394,000 | 102,346,000 | 16,007 | 19,296 | 0 |
| net assets | 94,301,000 | 89,097,000 | 49,729,729 | 49,729,928 | 49,743,404 |
| total shareholders funds | 94,301,000 | 89,097,000 | 49,729,729 | 49,729,928 | 49,743,404 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 16,578,000 | 3,727,000 | -245 | -13,509 | 0 |
| Depreciation | 4,419,000 | 42,945,000 | 0 | 0 | 0 |
| Amortisation | -1,172,000 | -910,000 | 0 | 0 | 0 |
| Tax | -3,427,000 | 68,000 | 46 | 32 | 0 |
| Stock | -112,000 | 1,122,000 | 0 | 0 | 0 |
| Debtors | -24,545,000 | 39,693,922 | -1,634 | 1,712 | 0 |
| Creditors | 1,014,000 | 2,821,000 | -1,680 | 1,680 | 0 |
| Accruals and Deferred Income | 3,089,000 | 14,252,000 | -1,406 | 1,406 | 0 |
| Deferred Taxes & Provisions | 1,515,000 | 11,780,000 | 0 | 0 | 0 |
| Cash flow from operations | 46,673,000 | 33,867,078 | -1,651 | -12,103 | 0 |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | |||
| Change in Investments | 342,000 | 34,979,595 | 2 | 0 | 49,743,403 |
| cash flow from investments | -342,000 | -34,979,595 | |||
| Financing Activities | |||||
| Bank loans | -4,064,000 | 6,111,000 | 0 | 0 | 0 |
| Group/Directors Accounts | -53,000 | 36,993 | -203 | 16,210 | 0 |
| Other Short Term Loans | 96,000 | 95,000 | 0 | 0 | 0 |
| Long term loans | -23,430,000 | 65,856,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -129,000 | 1,378,000 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -2,334,000 | -2,408,000 | 0 | 0 | 0 |
| cash flow from financing | -35,527,000 | 109,049,264 | -203 | 16,211 | 49,743,404 |
| cash and cash equivalents | |||||
| cash | 3,047,000 | 9,127,747 | -1,856 | 4,108 | 1 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,047,000 | 9,127,747 | -1,856 | 4,108 | 1 |
regional & city airports group limited Credit Report and Business Information
Regional & City Airports Group Limited Competitor Analysis
Perform a competitor analysis for regional & city airports group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EX5 area or any other competitors across 12 key performance metrics.
regional & city airports group limited Ownership
REGIONAL & CITY AIRPORTS GROUP LIMITED group structure
Regional & City Airports Group Limited has no subsidiary companies.
Ultimate parent company
2 parents
REGIONAL & CITY AIRPORTS GROUP LIMITED
12261520
regional & city airports group limited directors
Regional & City Airports Group Limited currently has 2 directors. The longest serving directors include Mr Andrew Bell (Oct 2019) and Mrs Katherine Cook (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Bell | England | 45 years | Oct 2019 | - | Director |
| Mrs Katherine Cook | England | 45 years | Jul 2020 | - | Director |
P&L
March 2024turnover
111.4m
+20%
operating profit
16.6m
+345%
gross margin
57.8%
-0.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
94.3m
+0.06%
total assets
174.7m
-0.09%
cash
12.2m
+0.33%
net assets
Total assets minus all liabilities
regional & city airports group limited company details
company number
12261520
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 2019
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
airport house exeter airport, exeter, devon, EX5 2BD
Bank
BANK OF SCOTLAND PLC
Legal Advisor
-
regional & city airports group 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 regional & city airports group limited.
regional & city airports group 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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regional & city airports group limited Companies House Filings - See Documents
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