BA CITYFLYER LIMITED

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared the financial statements on the going concern basis, concluding no material uncertainties after assessing Base Case and a severe but plausible Downside Case scenario. They have a reasonable expectation of sufficient liquidity for at least twelve months from the approval date, allowing continued operational existence.”

Significant events

• “During 2024, the Company experienced disruption to flights arising from a combination of factors, some of which were outside of the airline's control.”
• “In July 2024, the Company's operation was largely unaffected by the CrowdStrike outage and the airline's teams worked hard to ensure that any affected customers were able to travel to their original destination as close to their original departure time as possible.”
• “In mid-November 2024, the airline experienced a temporary systems outage affecting access to all internal systems. The issue was swiftly resolved which meant that no flights were cancelled as a result of the temporary outage, and the airline was able to complete its published operating schedule as normal.”
• “The Company continued to invest in its customer experience and during 2024 has refreshed the cabins of its fleet of 20 Embraer E190 aircraft with a new slimline design Euro Traveler and Club Europe seat, increasing the configuration on each aircraft from 98 to 106 seats.”
• “lease extensions were signed with lessors for 5 of these aircraft.”

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

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -2.4%

  £281,606,000 → £274,802,000

• Cash

  —

  Not reported

• Net assets

  +27.9%

  £53,335,000 → £68,200,000

• Employees

  +6.2%

  610 → 648

• Operating profit

  +33.8%

  £9,362,000 → £12,526,000

• Profit before tax

  +81.6%

  £11,198,000 → £20,340,000

• Wages

  +11.4%

  £33,968,000 → £37,844,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers