regional & city airports (investments) limited
regional & city airports (investments) limited Company Information
Company Number
12261524
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 group limited
Group Structure
View All
Contact
Registered Address
airport house exeter airport, exeter, devon, EX5 2BD
Website
rigbygroupplc.comregional & city airports (investments) limited Estimated Valuation
Pomanda estimates the enterprise value of REGIONAL & CITY AIRPORTS (INVESTMENTS) 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 (investments) limited Estimated Valuation
Pomanda estimates the enterprise value of REGIONAL & CITY AIRPORTS (INVESTMENTS) LIMITED at £295.2m based on an EBITDA of £22.5m and a 13.14x industry multiple (adjusted for size and gross margin).
regional & city airports (investments) limited Estimated Valuation
Pomanda estimates the enterprise value of REGIONAL & CITY AIRPORTS (INVESTMENTS) LIMITED at £117.5m based on Net Assets of £93.3m and 1.26x industry multiple (adjusted for liquidity).
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Regional & City Airports (investments) Limited Overview
Regional & City Airports (investments) Limited is a live company located in devon, EX5 2BD with a Companies House number of 12261524. 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 group limited with a 100% stake. Regional & City Airports (investments) Limited is a young, mega sized company, Pomanda has estimated its turnover at £111.4m with rapid growth in recent years.
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Regional & City Airports (investments) Limited Health Check
Pomanda's financial health check has awarded Regional & City Airports (Investments) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 10 measures and has 2 areas for improvement. Company Health Check FAQs
10 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 (investments) Limited
£19.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (11.7%)
46% - Regional & City Airports (investments) Limited
11.7% - 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 (investments) Limited
34.9% - Industry AVG
Profitability
an operating margin of 15.1% make it more profitable than the average company (4.7%)
15.1% - Regional & City Airports (investments) Limited
4.7% - Industry AVG
Employees
with 847 employees, this is above the industry average (107)
847 - Regional & City Airports (investments) 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 (investments) 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 (investments) 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 (investments) Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (43 days)
27 days - Regional & City Airports (investments) 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 (investments) Limited
35 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (14 weeks)
29 weeks - Regional & City Airports (investments) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.2%, this is a lower level of debt than the average (68.6%)
46.2% - Regional & City Airports (investments) Limited
68.6% - Industry AVG
REGIONAL & CITY AIRPORTS (INVESTMENTS) LIMITED financials
Regional & City Airports (Investments) Limited's latest turnover from March 2024 is £111.4 million and the company has net assets of £93.3 million. According to their latest financial statements, Regional & City Airports (Investments) Limited has 847 employees and maintains cash reserves of £11.7 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 | 71,341,000 | 35,700,000 | 56,434,000 |
| Other Income Or Grants | 0 | 0 | 0 | ||
| Cost Of Sales | 47,077,000 | 39,181,000 | 29,571,000 | ||
| Gross Profit | 64,360,000 | 53,968,000 | 41,770,000 | ||
| Admin Expenses | 47,486,000 | 50,257,000 | 34,630,000 | ||
| Operating Profit | 16,874,000 | 3,711,000 | 7,140,000 | 916,000 | 8,106,000 |
| Interest Payable | 4,784,000 | 3,733,000 | 2,839,000 | 2,180,000 | 2,035,000 |
| Interest Receivable | 2,425,000 | 1,325,000 | 707,000 | 3,000 | 157,000 |
| Pre-Tax Profit | 14,515,000 | 1,303,000 | 5,008,000 | -1,261,000 | 6,228,000 |
| Tax | -3,448,000 | 68,000 | -2,931,000 | 304,000 | -1,482,000 |
| Profit After Tax | 11,067,000 | 1,371,000 | 2,077,000 | -957,000 | 4,746,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 11,067,000 | 1,371,000 | 2,077,000 | -957,000 | 4,746,000 |
| Employee Costs | 29,013,000 | 25,505,000 | 20,839,000 | 21,202,000 | 24,917,000 |
| Number Of Employees | 847 | 794 | 692 | 770 | 867 |
| EBITDA* | 22,465,000 | 8,526,000 | 12,098,000 | 5,804,000 | 10,291,000 |
* 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 | 57,577,000 | 58,572,000 | 57,310,000 |
| Intangible Assets | -1,682,000 | -2,854,000 | -3,764,000 | -4,561,000 | -5,587,000 |
| Investments & Other | 85,065,000 | 84,723,000 | 77,539,000 | 77,236,000 | 72,148,000 |
| Debtors (Due After 1 year) | 0 | 27,242,000 | 27,142,000 | 26,564,000 | 26,887,000 |
| Total Fixed Assets | 146,359,000 | 168,739,000 | 158,494,000 | 157,811,000 | 150,758,000 |
| Stock & work in progress | 1,010,000 | 1,122,000 | 971,000 | 539,000 | 560,000 |
| Trade Debtors | 7,911,000 | 5,867,000 | 5,882,000 | 2,758,000 | 8,972,000 |
| Group Debtors | 0 | 197,000 | 251,000 | 854,000 | 0 |
| Misc Debtors | 6,367,000 | 6,392,000 | 4,287,000 | 5,434,000 | 0 |
| Cash | 11,723,000 | 9,128,000 | 9,742,000 | 10,999,000 | 11,438,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 27,011,000 | 22,706,000 | 21,133,000 | 20,584,000 | 20,970,000 |
| total assets | 173,370,000 | 191,445,000 | 179,627,000 | 178,395,000 | 171,728,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 2,047,000 | 6,111,000 | 1,062,000 | 1,949,000 | 1,449,000 |
| Trade Creditors | 3,538,000 | 2,821,000 | 2,831,000 | 6,319,000 | 5,409,000 |
| Group/Directors Accounts | 0 | 57,000 | 17,000 | 206,000 | 775,000 |
| other short term finances | 191,000 | 95,000 | 22,000 | 0 | 0 |
| hp & lease commitments | 400,000 | 504,000 | 491,000 | 402,000 | 331,000 |
| other current liabilities | 14,538,000 | 11,014,000 | 11,274,000 | 8,319,000 | 16,089,000 |
| total current liabilities | 20,714,000 | 20,602,000 | 15,697,000 | 17,195,000 | 24,053,000 |
| loans | 42,426,000 | 65,856,000 | 59,311,000 | 58,319,000 | 44,270,000 |
| hp & lease commitments | 849,000 | 874,000 | 1,377,000 | 1,879,000 | 2,045,000 |
| Accruals and Deferred Income | 2,803,000 | 3,238,000 | 3,511,000 | 3,648,000 | 3,570,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 13,295,000 | 11,780,000 | 11,887,000 | 11,953,000 | 11,617,000 |
| total long term liabilities | 59,383,000 | 81,748,000 | 76,329,000 | 77,845,000 | 63,180,000 |
| total liabilities | 80,097,000 | 102,350,000 | 92,026,000 | 95,040,000 | 87,233,000 |
| net assets | 93,273,000 | 89,095,000 | 87,601,000 | 83,355,000 | 84,495,000 |
| total shareholders funds | 93,273,000 | 89,095,000 | 87,601,000 | 83,355,000 | 84,495,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 16,874,000 | 3,711,000 | 7,140,000 | 916,000 | 8,106,000 |
| Depreciation | 4,419,000 | 3,905,000 | 4,161,000 | 3,862,000 | 3,938,000 |
| Amortisation | 1,172,000 | 910,000 | 797,000 | 1,026,000 | -1,753,000 |
| Tax | -3,448,000 | 68,000 | -2,931,000 | 304,000 | -1,482,000 |
| Stock | -112,000 | 151,000 | 432,000 | -21,000 | 560,000 |
| Debtors | -25,420,000 | 2,136,000 | 1,952,000 | -249,000 | 35,859,000 |
| Creditors | 717,000 | -10,000 | -3,488,000 | 910,000 | 5,409,000 |
| Accruals and Deferred Income | 3,089,000 | -533,000 | 2,818,000 | -7,692,000 | 19,659,000 |
| Deferred Taxes & Provisions | 1,515,000 | -107,000 | -66,000 | 336,000 | 11,617,000 |
| Cash flow from operations | 49,870,000 | 5,657,000 | 6,047,000 | -68,000 | 9,075,000 |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 |
| Change in Investments | 342,000 | 7,184,000 | 303,000 | 5,088,000 | 72,148,000 |
| cash flow from investments | -342,000 | -7,184,000 | -303,000 | -5,088,000 | -72,148,000 |
| Financing Activities | |||||
| Bank loans | -4,064,000 | 5,049,000 | -887,000 | 500,000 | 1,449,000 |
| Group/Directors Accounts | -57,000 | 40,000 | -189,000 | -569,000 | 775,000 |
| Other Short Term Loans | 96,000 | 73,000 | 22,000 | 0 | 0 |
| Long term loans | -23,430,000 | 6,545,000 | 992,000 | 14,049,000 | 44,270,000 |
| Hire Purchase and Lease Commitments | -129,000 | -490,000 | -413,000 | -95,000 | 2,376,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -2,359,000 | -2,408,000 | -2,132,000 | -2,177,000 | -1,878,000 |
| cash flow from financing | -36,832,000 | 8,932,000 | -438,000 | 11,525,000 | 126,741,000 |
| cash and cash equivalents | |||||
| cash | 2,595,000 | -614,000 | -1,257,000 | -439,000 | 11,438,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,595,000 | -614,000 | -1,257,000 | -439,000 | 11,438,000 |
regional & city airports (investments) limited Credit Report and Business Information
Regional & City Airports (investments) Limited Competitor Analysis
Perform a competitor analysis for regional & city airports (investments) 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 (investments) limited Ownership
REGIONAL & CITY AIRPORTS (INVESTMENTS) LIMITED group structure
Regional & City Airports (Investments) Limited has 6 subsidiary companies.
Ultimate parent company
2 parents
REGIONAL & CITY AIRPORTS (INVESTMENTS) LIMITED
12261524
6 subsidiaries
regional & city airports (investments) limited directors
Regional & City Airports (Investments) 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
16.9m
+355%
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
93.3m
+0.05%
total assets
173.4m
-0.09%
cash
11.7m
+0.28%
net assets
Total assets minus all liabilities
regional & city airports (investments) limited company details
company number
12261524
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 (investments) 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 found 4 charges/mortgages relating to regional & city airports (investments) limited. Currently there are 2 open charges and 2 have been satisfied in the past.
regional & city airports (investments) 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 REGIONAL & CITY AIRPORTS (INVESTMENTS) LIMITED. This can take several minutes, an email will notify you when this has completed.
regional & city airports (investments) limited Companies House Filings - See Documents
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