the air ambulance northern ireland
the air ambulance northern ireland Company Information
Group Structure
View All
Industry
Non-scheduled passenger air transport
Registered Address
94b halftown road, lisburn, BT27 5RF
Website
www.airambulanceni.orgthe air ambulance northern ireland Estimated Valuation
Pomanda estimates the enterprise value of THE AIR AMBULANCE NORTHERN IRELAND at £2.5m based on a Turnover of £4.5m and 0.56x industry multiple (adjusted for size and gross margin).
the air ambulance northern ireland Estimated Valuation
Pomanda estimates the enterprise value of THE AIR AMBULANCE NORTHERN IRELAND at £7.4m based on an EBITDA of £2.2m and a 3.33x industry multiple (adjusted for size and gross margin).
the air ambulance northern ireland Estimated Valuation
Pomanda estimates the enterprise value of THE AIR AMBULANCE NORTHERN IRELAND at £30.9m based on Net Assets of £13m and 2.38x industry multiple (adjusted for liquidity).
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The Air Ambulance Northern Ireland Overview
The Air Ambulance Northern Ireland is a live company located in lisburn, BT27 5RF with a Companies House number of NI632583. It operates in the non-scheduled passenger air transport sector, SIC Code 51102. Founded in July 2015, it's largest shareholder is unknown. The Air Ambulance Northern Ireland is a established, small sized company, Pomanda has estimated its turnover at £4.5m with healthy growth in recent years.
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The Air Ambulance Northern Ireland Health Check
Pomanda's financial health check has awarded The Air Ambulance Northern Ireland a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £4.5m, make it smaller than the average company (£10.2m)
£4.5m - The Air Ambulance Northern Ireland
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.8%)
8% - The Air Ambulance Northern Ireland
9.8% - Industry AVG
Production
with a gross margin of 20.8%, this company has a comparable cost of product (20.8%)
20.8% - The Air Ambulance Northern Ireland
20.8% - Industry AVG
Profitability
an operating margin of 49.1% make it more profitable than the average company (2.4%)
49.1% - The Air Ambulance Northern Ireland
2.4% - Industry AVG
Employees
with 10 employees, this is below the industry average (60)
10 - The Air Ambulance Northern Ireland
60 - Industry AVG
Pay Structure
on an average salary of £40.7k, the company has a lower pay structure (£56.9k)
£40.7k - The Air Ambulance Northern Ireland
£56.9k - Industry AVG
Efficiency
resulting in sales per employee of £448.3k, this is more efficient (£249.1k)
£448.3k - The Air Ambulance Northern Ireland
£249.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Air Ambulance Northern Ireland
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (29 days)
3 days - The Air Ambulance Northern Ireland
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Air Ambulance Northern Ireland
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5608 weeks, this is more cash available to meet short term requirements (7 weeks)
5608 weeks - The Air Ambulance Northern Ireland
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.9%, this is a lower level of debt than the average (84.6%)
0.9% - The Air Ambulance Northern Ireland
84.6% - Industry AVG
THE AIR AMBULANCE NORTHERN IRELAND financials
The Air Ambulance Northern Ireland's latest turnover from March 2024 is £4.5 million and the company has net assets of £13 million. According to their latest financial statements, The Air Ambulance Northern Ireland has 10 employees and maintains cash reserves of £13 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,482,740 | 3,333,210 | 3,481,756 | 3,531,839 | 3,154,348 | 3,764,026 | 2,710,241 | 920,292 | 1,595 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | 2,121,117 | 1,316,070 | 1,694,770 | 1,884,906 | 1,502,608 | 2,266,126 | 1,398,413 | 827,468 | 1,576 |
| Tax | |||||||||
| Profit After Tax | 2,121,117 | 1,316,070 | 1,694,770 | 1,884,906 | 1,502,608 | 2,266,126 | 1,398,413 | 827,468 | 1,576 |
| Dividends Paid | |||||||||
| Retained Profit | 2,121,117 | 1,316,070 | 1,694,770 | 1,884,906 | 1,502,608 | 2,266,126 | 1,398,413 | 827,468 | 1,576 |
| Employee Costs | 406,756 | 328,719 | 299,859 | 302,126 | 281,873 | 252,406 | 165,745 | ||
| Number Of Employees | 10 | 9 | 8 | 8 | 7 | 7 | 3 | ||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 60,840 | 41,338 | 17,669 | 45,535 | 66,359 | 84,547 | 111,748 | ||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 60,840 | 41,338 | 17,669 | 45,535 | 66,359 | 84,547 | 111,748 | ||
| Stock & work in progress | |||||||||
| Trade Debtors | |||||||||
| Group Debtors | |||||||||
| Misc Debtors | 36,260 | 76,948 | 36,821 | 4,081 | 68,476 | 32,670 | 52,203 | 6,381 | |
| Cash | 13,036,818 | 10,892,274 | 9,688,249 | 8,054,303 | 6,061,338 | 4,498,615 | 2,347,254 | 831,254 | 1,576 |
| misc current assets | |||||||||
| total current assets | 13,073,078 | 10,969,222 | 9,725,070 | 8,058,384 | 6,129,814 | 4,531,285 | 2,399,457 | 837,635 | 1,576 |
| total assets | 13,133,918 | 11,010,560 | 9,742,739 | 8,103,919 | 6,196,173 | 4,615,832 | 2,511,205 | 837,635 | 1,576 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 31,964 | 42,701 | 114,488 | 89,695 | 168,203 | 102,573 | 253,198 | ||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 88,900 | 75,922 | 52,384 | 133,127 | 31,779 | 19,676 | 30,550 | 8,591 | |
| total current liabilities | 120,864 | 118,623 | 166,872 | 222,822 | 199,982 | 122,249 | 283,748 | 8,591 | |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 120,864 | 118,623 | 166,872 | 222,822 | 199,982 | 122,249 | 283,748 | 8,591 | |
| net assets | 13,013,054 | 10,891,937 | 9,575,867 | 7,881,097 | 5,996,191 | 4,493,583 | 2,227,457 | 829,044 | 1,576 |
| total shareholders funds | 13,013,054 | 10,891,937 | 9,575,867 | 7,881,097 | 5,996,191 | 4,493,583 | 2,227,457 | 829,044 | 1,576 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 17,269 | 9,342 | 31,613 | 30,102 | 28,707 | 27,201 | 24,259 | ||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -40,688 | 40,127 | 32,740 | -64,395 | 35,806 | -19,533 | 45,822 | 6,381 | |
| Creditors | -10,737 | -71,787 | 24,793 | -78,508 | 65,630 | -150,625 | 253,198 | ||
| Accruals and Deferred Income | 12,978 | 23,538 | -80,743 | 101,348 | 12,103 | -10,874 | 21,959 | 8,591 | |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | -136,007 | ||||||||
| Change in Investments | |||||||||
| cash flow from investments | -136,007 | ||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 2,144,544 | 1,204,025 | 1,633,946 | 1,992,965 | 1,562,723 | 2,151,361 | 1,516,000 | 829,678 | 1,576 |
| overdraft | |||||||||
| change in cash | 2,144,544 | 1,204,025 | 1,633,946 | 1,992,965 | 1,562,723 | 2,151,361 | 1,516,000 | 829,678 | 1,576 |
the air ambulance northern ireland Credit Report and Business Information
The Air Ambulance Northern Ireland Competitor Analysis
Perform a competitor analysis for the air ambulance northern ireland by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in BT27 area or any other competitors across 12 key performance metrics.
the air ambulance northern ireland Ownership
THE AIR AMBULANCE NORTHERN IRELAND group structure
The Air Ambulance Northern Ireland has no subsidiary companies.
Ultimate parent company
THE AIR AMBULANCE NORTHERN IRELAND
NI632583
the air ambulance northern ireland directors
The Air Ambulance Northern Ireland currently has 8 directors. The longest serving directors include Dr (Cbe Dl) William O'Hare (Jul 2015) and Mr Ian Crowe (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr (Cbe Dl) William O'Hare | Northern Ireland | 67 years | Jul 2015 | - | Director |
| Mr Ian Crowe | Northern Ireland | 70 years | Jul 2015 | - | Director |
| Dr David McManus | Northern Ireland | 66 years | Jan 2019 | - | Director |
| Mr Stanley Bell | Northern Ireland | 68 years | Aug 2019 | - | Director |
| Mr Mark Beattie | Northern Ireland | 54 years | Aug 2019 | - | Director |
| Mrs Alison Kerr | Northern Ireland | 50 years | Sep 2019 | - | Director |
| Ms Marianne Johnston | Northern Ireland | 57 years | Dec 2022 | - | Director |
| Ms Fiona Hanna | Northern Ireland | 42 years | May 2023 | - | Director |
P&L
March 2024turnover
4.5m
+34%
operating profit
2.2m
0%
gross margin
20.9%
+31.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
13m
+0.19%
total assets
13.1m
+0.19%
cash
13m
+0.2%
net assets
Total assets minus all liabilities
Similar Companies
the air ambulance northern ireland company details
company number
NI632583
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
51102 - Non-scheduled passenger air transport
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
MOORE (NI) LLP
address
94b halftown road, lisburn, BT27 5RF
Bank
BANK OF IRELAND (UK) PLC
Legal Advisor
-
the air ambulance northern ireland 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 the air ambulance northern ireland.
the air ambulance northern ireland 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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the air ambulance northern ireland Companies House Filings - See Documents
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