prestwick flight support limited

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prestwick flight support limited Company Information

Share PRESTWICK FLIGHT SUPPORT LIMITED

Company Number

SC309992

Shareholders

prestwick flying club ltd

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

prestwick flying club, newdykes shawfarm road, prestwick, KA9 1HE

prestwick flight support limited Estimated Valuation

£8k

Pomanda estimates the enterprise value of PRESTWICK FLIGHT SUPPORT LIMITED at £8k based on a Turnover of £14.8k and 0.54x industry multiple (adjusted for size and gross margin).

prestwick flight support limited Estimated Valuation

£2.6k

Pomanda estimates the enterprise value of PRESTWICK FLIGHT SUPPORT LIMITED at £2.6k based on an EBITDA of £659 and a 3.95x industry multiple (adjusted for size and gross margin).

prestwick flight support limited Estimated Valuation

£18.7k

Pomanda estimates the enterprise value of PRESTWICK FLIGHT SUPPORT LIMITED at £18.7k based on Net Assets of £8.8k and 2.13x industry multiple (adjusted for liquidity).

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Prestwick Flight Support Limited Overview

Prestwick Flight Support Limited is a live company located in prestwick, KA9 1HE with a Companies House number of SC309992. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2006, it's largest shareholder is prestwick flying club ltd with a 100% stake. Prestwick Flight Support Limited is a established, micro sized company, Pomanda has estimated its turnover at £14.8k with healthy growth in recent years.

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Prestwick Flight Support Limited Health Check

Pomanda's financial health check has awarded Prestwick Flight Support Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £14.8k, make it smaller than the average company (£3.7m)

£14.8k - Prestwick Flight Support Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.3%)

9% - Prestwick Flight Support Limited

8.3% - Industry AVG

production

Production

with a gross margin of 38%, this company has a comparable cost of product (38%)

38% - Prestwick Flight Support Limited

38% - Industry AVG

profitability

Profitability

an operating margin of 4.3% make it less profitable than the average company (5.7%)

4.3% - Prestwick Flight Support Limited

5.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (22)

1 - Prestwick Flight Support Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)

£46.5k - Prestwick Flight Support Limited

£46.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £14.8k, this is less efficient (£146k)

£14.8k - Prestwick Flight Support Limited

£146k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 58 days, this is later than average (36 days)

58 days - Prestwick Flight Support Limited

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (33 days)

1 days - Prestwick Flight Support Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 114 days, this is more than average (28 days)

114 days - Prestwick Flight Support Limited

28 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 285 weeks, this is more cash available to meet short term requirements (26 weeks)

285 weeks - Prestwick Flight Support Limited

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 7.6%, this is a lower level of debt than the average (58.8%)

7.6% - Prestwick Flight Support Limited

58.8% - Industry AVG

PRESTWICK FLIGHT SUPPORT LIMITED financials

EXPORTms excel logo

Prestwick Flight Support Limited's latest turnover from March 2024 is estimated at £14.8 thousand and the company has net assets of £8.8 thousand. According to their latest financial statements, we estimate that Prestwick Flight Support Limited has 1 employee and maintains cash reserves of £4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Oct 2012Oct 2011Oct 2010Oct 2009
Turnover14,82910,47951,93011,47128,99518,59428,57913,24312,63329,71642,45872,87360,56652,86644,185
Other Income Or Grants
Cost Of Sales9,2006,44832,2297,19917,99111,59417,7498,0927,88118,80927,04845,61037,13531,569
Gross Profit5,6294,03019,7014,27211,0047,00010,8307,2024,80010,90615,41027,26323,43121,297
Admin Expenses4,990-2,2889,8583,86212,7899,16212,5918,9621,36011,67816,46518,17028,61117,536-3,444
Operating Profit6396,3189,843410-1,785-2,162-1,761-1,7603,440-772-1,0559,093-5,1803,7613,444
Interest Payable296564
Interest Receivable23614523212717129101
Pre-Tax Profit8756,4639,865412-1,784-2,135-1,744-1,7603,440-760-1,0468,807-5,7432,2072,171
Tax-219-1,228-1,874-78-641-2,114
Profit After Tax6565,2357,991334-1,784-2,135-1,744-1,7602,799-760-1,0466,693-5,7432,2072,171
Dividends Paid
Retained Profit6565,2357,991334-1,784-2,135-1,744-1,7602,799-760-1,0466,693-5,7432,2072,171
Employee Costs46,47144,77042,28040,23739,77538,58436,38235,53935,65035,53735,27436,83436,27435,309
Number Of Employees11111111111111
EBITDA*6606,34510,6101,245-859-1,114-550-3323,645-499-4559,657-5,1804,7644,781

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets618210912,03012,86513,79114,83916,0506148191,0921,6922,2564,011
Intangible Assets3,008
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets618210912,03012,86513,79114,83916,0506148191,0921,6922,2563,0084,011
Stock & work in progress2,8982,2142,6411,7872,8201,4514,6293,6552,5463,5931,2552,562155
Trade Debtors2,3841,8418,7301,1763,3012,2862,9561,9491,6603,3436,56010,6307,1459,0167,578
Group Debtors
Misc Debtors200200482483357200
Cash3,9645,0241,8114,2251132,7764,4442,3153,4631,0993,5693,718213184924
misc current assets191
total current assets9,4469,27913,6647,6716,5916,71312,0297,9197,6698,03511,38416,9107,3589,2008,848
total assets9,5079,36113,77319,70119,45620,50426,86823,9698,2838,85412,47618,6029,61412,20812,859
Bank overdraft
Bank loan
Trade Creditors 35204,2984,6285001,0404,4104,2729,4954,737
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities6861,211830661750914515312
total current liabilities7211,2315,1286617509145,1435001,0404,4104,2729,4954,737312
loans9,1168,25013,250
hp & lease commitments
Accruals and Deferred Income
other liabilities5,75024,13624,13623,23623,23623,2365,2505,2508,2506,653
provisions2,454
total long term liabilities5,75024,13624,13623,23623,23623,2365,2505,2508,2506,6539,11610,70413,250
total liabilities7211,23110,87824,79724,88624,15028,37923,7366,2909,66012,52216,14813,85310,70413,562
net assets8,7868,1302,895-5,096-5,430-3,646-1,5112331,993-806-462,454-4,2391,504-703
total shareholders funds8,7868,1302,895-5,096-5,430-3,646-1,5112331,993-806-462,454-4,2391,504-703
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit6396,3189,843410-1,785-2,162-1,761-1,7603,440-772-1,0559,093-5,1803,7613,444
Depreciation21277678359261,0481,2111,4282052736005641,0031,337
Amortisation
Tax-219-1,228-1,874-78-641-2,114
Stock684-427854-1,0331,369-3,1789741,109-1,0472,3381,2552,562-155155
Debtors543-7,1717,553-1,9991,172-4701,007289-1,683-3,2176,5603,485-1,8711,4387,578
Creditors15-4,2784,298-4,6284,128-540-3,3701384,2724,7584,737
Accruals and Deferred Income-525381169-89-164399515-312312
Deferred Taxes & Provisions-2,4542,454
Cash flow from operations-1,2968,8184,7964,110-3,564-1,6952,112-2,2702,364518-3,9986,254-1,0265,623-2,640
Investing Activities
capital expenditure11,154-16,864-1,692752-5,348
Change in Investments
cash flow from investments11,154-16,864-1,692752-5,348
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-9,116866-5,00013,250
Hire Purchase and Lease Commitments
other long term liabilities-5,750-18,38690017,986-3,0008,2506,653
share issue1,000-2,874
interest23614523212717129-286-563
cash flow from financing236-5,605-18,3632901271717,986-2,9889,259-2,749303-5,00010,376
cash and cash equivalents
cash-1,0603,213-2,4144,112-2,663-1,6682,129-1,1482,364-2,4703,5693,50529-740924
overdraft
change in cash-1,0603,213-2,4144,112-2,663-1,6682,129-1,1482,364-2,4703,5693,50529-740924

prestwick flight support limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Prestwick Flight Support Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for prestwick flight support limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in KA9 area or any other competitors across 12 key performance metrics.

prestwick flight support limited Ownership

PRESTWICK FLIGHT SUPPORT LIMITED group structure

Prestwick Flight Support Limited has no subsidiary companies.

Ultimate parent company

1 parent

PRESTWICK FLIGHT SUPPORT LIMITED

SC309992

PRESTWICK FLIGHT SUPPORT LIMITED Shareholders

prestwick flying club ltd 100%

prestwick flight support limited directors

Prestwick Flight Support Limited currently has 3 directors. The longest serving directors include Mr Fergus Abraham (Oct 2006) and Mr Alistair Duncan (Jun 2010).

officercountryagestartendrole
Mr Fergus Abraham67 years Oct 2006- Director
Mr Alistair DuncanScotland63 years Jun 2010- Director
Mr William Wilson70 years May 2021- Director

P&L

March 2024

turnover

14.8k

+42%

operating profit

638.7

0%

gross margin

38%

-1.31%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

8.8k

+0.08%

total assets

9.5k

+0.02%

cash

4k

-0.21%

net assets

Total assets minus all liabilities

prestwick flight support limited company details

company number

SC309992

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

October 2006

age

19

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

KEY PROFESSIONAL PARTNERSHIP LTD

auditor

-

address

prestwick flying club, newdykes shawfarm road, prestwick, KA9 1HE

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

prestwick flight support 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 prestwick flight support limited.

prestwick flight support 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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prestwick flight support limited Companies House Filings - See Documents

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