airswift global limited
airswift global limited Company Information
Company Number
13357471
Next Accounts
Sep 2025
Shareholders
wcm genpar v gp (cayman) ltd. (as gp for wcm genpar (cayman) lp as gp for wellspring capital partners v (cayman i) lp)
air energi newco limited
View AllGroup Structure
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Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
delphian house,, 4th floor, riverside, salford, M3 5FS
Website
-airswift global limited Estimated Valuation
Pomanda estimates the enterprise value of AIRSWIFT GLOBAL LIMITED at £1.7b based on a Turnover of £1.1b and 1.58x industry multiple (adjusted for size and gross margin).
airswift global limited Estimated Valuation
Pomanda estimates the enterprise value of AIRSWIFT GLOBAL LIMITED at £259.1m based on an EBITDA of £39.3m and a 6.6x industry multiple (adjusted for size and gross margin).
airswift global limited Estimated Valuation
Pomanda estimates the enterprise value of AIRSWIFT GLOBAL LIMITED at £157.1m based on Net Assets of £120.4m and 1.31x industry multiple (adjusted for liquidity).
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Airswift Global Limited Overview
Airswift Global Limited is a live company located in salford, M3 5FS with a Companies House number of 13357471. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in April 2021, it's largest shareholder is wcm genpar v gp (cayman) ltd. (as gp for wcm genpar (cayman) lp as gp for wellspring capital partners v (cayman i) lp) with a 34.3% stake. Airswift Global Limited is a startup, mega sized company, Pomanda has estimated its turnover at £1.1b with high growth in recent years.
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Airswift Global Limited Health Check
Pomanda's financial health check has awarded Airswift Global Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.1b, make it larger than the average company (£18.9m)
£1.1b - Airswift Global Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (10.5%)
22% - Airswift Global Limited
10.5% - Industry AVG
Production
with a gross margin of 11.5%, this company has a higher cost of product (36.3%)
11.5% - Airswift Global Limited
36.3% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (4.5%)
2.3% - Airswift Global Limited
4.5% - Industry AVG
Employees
with 896 employees, this is above the industry average (104)
896 - Airswift Global Limited
104 - Industry AVG
Pay Structure
on an average salary of £58.3k, the company has a higher pay structure (£44.7k)
£58.3k - Airswift Global Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£191k)
£1.2m - Airswift Global Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (45 days)
48 days - Airswift Global Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (44 days)
7 days - Airswift Global Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Airswift Global Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (14 weeks)
7 weeks - Airswift Global Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75%, this is a similar level of debt than the average (69.7%)
75% - Airswift Global Limited
69.7% - Industry AVG
AIRSWIFT GLOBAL LIMITED financials
Airswift Global Limited's latest turnover from December 2023 is £1.1 billion and the company has net assets of £120.4 million. According to their latest financial statements, Airswift Global Limited has 896 employees and maintains cash reserves of £25.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 1,096,423,698 | 910,642,209 | 740,962,316 | 609,860,515 |
| Other Income Or Grants | ||||
| Cost Of Sales | 970,215,943 | 801,273,982 | 652,394,469 | 536,292,152 |
| Gross Profit | 126,207,755 | 109,368,227 | 88,567,847 | 73,568,363 |
| Admin Expenses | 100,780,285 | 82,103,235 | 72,996,927 | 59,805,334 |
| Operating Profit | 25,427,470 | 27,264,992 | 15,570,920 | 13,763,029 |
| Interest Payable | 28,480,372 | 18,379,225 | 19,528,546 | 17,696,965 |
| Interest Receivable | ||||
| Pre-Tax Profit | -3,052,902 | 8,885,767 | -3,957,626 | -3,933,936 |
| Tax | -6,198,924 | -5,514,169 | -7,103,348 | |
| Profit After Tax | -9,251,826 | 3,371,598 | -11,060,974 | -3,933,936 |
| Dividends Paid | ||||
| Retained Profit | -9,251,826 | 3,371,598 | -11,060,974 | -3,933,936 |
| Employee Costs | 52,243,718 | 45,135,265 | 40,321,850 | 31,958,155 |
| Number Of Employees | 896 | 790 | 680 | 656 |
| EBITDA* | 39,275,908 | 40,301,035 | 28,486,980 | 26,190,220 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 26,751,224 | 11,670,547 | 13,231,441 | 19,916,462 |
| Intangible Assets | 193,591,555 | 200,564,341 | 204,714,540 | 141,117,413 |
| Investments & Other | ||||
| Debtors (Due After 1 year) | 12,412,298 | 4,864,734 | 2,945,172 | 6,377,222 |
| Total Fixed Assets | 207,930,480 | 207,370,153 | 215,000,808 | 154,656,652 |
| Stock & work in progress | ||||
| Trade Debtors | 145,194,670 | 114,439,271 | 94,885,978 | 58,956,162 |
| Group Debtors | 3,712,771 | 3,711,166 | 3,850,881 | 3,710,913 |
| Misc Debtors | 98,448,262 | 72,849,000 | 61,631,085 | 39,922,593 |
| Cash | 25,847,314 | 22,067,913 | 23,368,914 | 12,847,179 |
| misc current assets | ||||
| total current assets | 273,203,018 | 213,067,352 | 184,300,501 | 115,731,147 |
| total assets | 481,133,498 | 420,437,505 | 399,301,309 | 270,387,799 |
| Bank overdraft | 1 | 1 | 1 | 1 |
| Bank loan | 57,061,892 | 60,801,958 | 46,036,713 | 115,029,889 |
| Trade Creditors | 19,667,657 | 3,473,549 | 6,397,380 | 52,531,422 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | 4,159,107 | 2,824,114 | 1,764,515 | 2,753,678 |
| other current liabilities | 101,262,742 | 74,830,214 | 64,157,365 | 4,921,827 |
| total current liabilities | 182,151,401 | 141,929,839 | 118,355,976 | 175,236,818 |
| loans | 316,930,239 | 274,740,305 | 275,167,393 | 18,744,633 |
| hp & lease commitments | 4,517,138 | 3,729,629 | 4,141,193 | 3,330,778 |
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 40,242,432 | 28,772,576 | 31,455,604 | 24,028,202 |
| total long term liabilities | 178,586,336 | 151,756,442 | 153,311,499 | 21,386,419 |
| total liabilities | 360,737,737 | 293,686,281 | 271,667,475 | 196,623,237 |
| net assets | 120,395,762 | 126,751,224 | 127,633,834 | 73,764,562 |
| total shareholders funds | 120,395,761 | 126,751,224 | 127,633,835 | 73,764,562 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 25,427,470 | 27,264,992 | 15,570,920 | 13,763,029 |
| Depreciation | 485,671 | 510,556 | 3,893,741 | 4,152,361 |
| Amortisation | 13,362,767 | 12,525,487 | 9,022,319 | 8,274,831 |
| Tax | -6,198,924 | -5,514,169 | -7,103,348 | |
| Stock | ||||
| Debtors | 63,903,829 | 32,551,056 | 54,346,226 | 108,966,890 |
| Creditors | 16,194,108 | -2,923,831 | -46,134,043 | 52,531,422 |
| Accruals and Deferred Income | 26,432,528 | 10,672,849 | 59,235,538 | 4,921,827 |
| Deferred Taxes & Provisions | 11,469,856 | -2,683,028 | 7,427,402 | 24,028,202 |
| Cash flow from operations | 23,269,647 | 7,301,800 | -12,433,697 | -1,295,218 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | -3,740,066 | 14,765,245 | -68,993,176 | 115,029,889 |
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | 42,189,934 | -427,088 | 256,422,760 | 18,744,633 |
| Hire Purchase and Lease Commitments | 2,122,502 | 648,035 | -178,748 | 6,084,456 |
| other long term liabilities | ||||
| share issue | ||||
| interest | -28,480,372 | -18,379,225 | -19,528,546 | -17,696,965 |
| cash flow from financing | 14,988,361 | -7,647,241 | 232,652,537 | 199,860,511 |
| cash and cash equivalents | ||||
| cash | 3,779,401 | -1,301,001 | 10,521,735 | 12,847,179 |
| overdraft | 1 | |||
| change in cash | 3,779,401 | -1,301,001 | 10,521,735 | 12,847,178 |
airswift global limited Credit Report and Business Information
Airswift Global Limited Competitor Analysis
Perform a competitor analysis for airswift global limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in M 3 area or any other competitors across 12 key performance metrics.
airswift global limited Ownership
AIRSWIFT GLOBAL LIMITED group structure
Airswift Global Limited has no subsidiary companies.
Ultimate parent company
AIRSWIFT GLOBAL LIMITED
13357471
airswift global limited directors
Airswift Global Limited currently has 5 directors. The longest serving directors include Mr Ian Langley (Jun 2021) and Ms Janette Marx (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Langley | England | 62 years | Jun 2021 | - | Director |
| Ms Janette Marx | United Kingdom | 49 years | Jun 2021 | - | Director |
| Mr Alex Shakibnia | United States | 38 years | Jul 2024 | - | Director |
| Mr Imad Barake | United States | 53 years | Jul 2024 | - | Director |
| Mr Christopher Lloyd | United Kingdom | 33 years | Jul 2024 | - | Director |
P&L
December 2023turnover
1.1b
+20%
operating profit
25.4m
-7%
gross margin
11.6%
-4.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
120.4m
-0.05%
total assets
481.1m
+0.14%
cash
25.8m
+0.17%
net assets
Total assets minus all liabilities
Similar Companies
airswift global limited company details
company number
13357471
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
April 2021
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
delphian house,, 4th floor, riverside, salford, M3 5FS
Bank
-
Legal Advisor
-
airswift global 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 1 charges/mortgages relating to airswift global limited. Currently there are 1 open charges and 0 have been satisfied in the past.
airswift global 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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airswift global limited Companies House Filings - See Documents
| date | description | view/download |
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