REGIONAL AIRPORTS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. REGIONAL AIRPORTS LIMITED 1990-10-01 → present
2. REGIONAL AIRPORT MANAGEMENT LIMITED 1990-08-02 → 1990-10-01
3. PRIMENEST LIMITED 1990-07-05 → 1990-08-02

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have carefully reviewed the future prospects of the Group and the Parent Company and their future cash flows in their going concern assessment. They have considered the net current liability position of £7m at the balance sheet date which is due to loans totalling £13m which have been presented as all due in less than one year due a property dispute which was resolved after the year end but impacted the terms of the Group's loan arrangements resulting in the presentation as due within on year. Post year end the Group obtained a waiver to the loan regarding this property dispute and the loan has returned to its original terms with £11m of the loan repayable in 2-5 years from the balance sheet. Furthermore, loan covenant forecasts have been produced indicating that there is sufficient headroom to ensure covenant compliance on an ongoing basis. Having assessed this the directors are confident that the Group and Parent Company have adequate resources to continue in operational existence for the foreseeable future, being at least the next 12 months from signing of these financial statements.”

Group structure

1. REGIONAL AIRPORTS LIMITED · parent
   1. Biggin Hill Airport Limited 100% · Operating and managing a commercial airport
   2. Biggin Hill Air Taxis Limited 100% · Dormant
   3. RAL Underwriting Limited 100% · Lloyds investment company
   4. Biggin Hill Airport Development Limited 100% · Construction of commercial buildings
   5. Biggin Hill Airport Hotel Limited 100% · Operation of hotel
   6. Biggin Hill Airshow Limited 100% · Dormant

Significant events

• “During the year, the airport development and construction management subsidiary, BHAL Development, secured a contract from Bombardier to build an aircraft paint facility to add to their existing Service Centre on the airport, and scheduled for handover in the summer of 2026.”
• “the £20 million contract for resurfacing the main runway and new lighting was ready to start for completion during summer 2025.”
• “the 9 year long process to win CAA approval for an Instrument approach on Runway 03 had also made good progress by the year end and is expected to be trialled during autumn 2025 and potentially to be available to operators shortly thereafter.”
• “Finally, during the year RAL increased the underwriting capacity of its subsidiary at Lloyds by 5%”
• “Towards the end of the financial year the Group was engaged in a property dispute that was resolved after the year end, with a settlement and costs totalling £1,480,854.”
• “Post year end the Group obtained a waiver to the loan regarding this property dispute and the loan has returned to its original terms with £11m of the loan repayable in 2-5 years from the balance sheet.”
• “The Group has made further drawdowns from its loan facilities post year end of £11.25m to finance the capital works regarding the resurfacing of the runway.”
• “On 18 June 2025, the Parent Company purchased 200,000 of its own Founder Ordinary shares for a consideration of £200,000. These 200,000 Founder Ordinary shares were then subsequently cancelled.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

8

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +5.9%

  £35,450,159 → £37,534,662

• Cash

  +20.7%

  £6,995,103 → £8,440,701

• Net assets

  +5%

  £37,153,417 → £38,997,939

• Employees

  +4.3%

  230 → 240

• Operating profit

  +0.2%

  £4,159,427 → £4,168,956

• Profit before tax

  +43.2%

  £2,939,307 → £4,208,417

• Wages

  +7.1%

  £8,399,593 → £8,995,664

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers