UK Companies House feature
FARNBOROUGH AIRPORT LIMITED
Profile
- Company number
- 03454447
- Status
- Active
- Incorporation
- 1997-10-23
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 52230
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In assessing the going concern position of the Company for the Financial Statements for the year ended 31 December 2024 the Directors have considered that the Company returned a profit of £33.0m (2023: £28.3m), has net assets of £203.6m (2023: £170.7m) and holds cash balances of £5.1m (2023: £3.8m). The Directors have assessed the short and long-term forecasts of the Company and expect profits before taxation to continute to grow. Additionally, the Directors have considered intermediate parent Farnborough Airport Company Limited's ("FACL's") cashflows liquidity and banking ratios because the Assets of the Company have a charge against them in relation to an external loan to FACL. Even under reasonably possible downside scenarios, no breach of banking covenants is forecast. For these reasons the Directors have adopted the going concern basis in preparing the Financial Statements.”
Significant events
- “The Company completed its construction of its new hangar in March 2024 but has a £0.7m retention commitment to pay the lead contractor, in 2025, once any snagging defects are signed off.”
- “The Company started enabling works on Project Varsity, a new terminal facility, in September 2024. The Company has committed to £6.6m, at period end, £1.7m had been billed and £0.9m paid.”
- “A new Rosenbauer Aircraft Rescue and Fire Fighting vehicle has been put on order for £1.1m, of which £0.3m has been invoiced and paid in the form of a deposit at period end, with delivery expected in 2025.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| T&H SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2020-01-28 | — | — |
| GEERE, Simon Boyd | Director | 2019-09-27 | Jan 1968 | British |
| MARSDEN, Robert William | Director | 2023-09-18 | Feb 1974 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HEDGES, Ronald | Secretary | 2005-09-20 | 2019-09-27 |
| LESTER, Paul Francis | Secretary | 1997-10-23 | 1997-12-17 |
| TREZISE, David Philip | Secretary | 1997-12-17 | 2005-09-20 |
| AL KHALIFA, Mohamed Isa Mohamed Isa | Director | 2015-09-15 | 2019-09-27 |
| BRADLEY, Russ Van Vleck | Director | 2005-09-20 | 2019-09-27 |
| BRUEN, John Kevin | Director | 2019-09-27 | 2023-01-04 |
| GILLIBRAND, Sydney | Director | 1999-03-02 | 2019-09-27 |
| HARRIS, Wendell Murray, Executors Of The Estate Of | Director | 2005-09-20 | 2012-07-24 |
| MCMULLIN, Roger | Director | 1998-12-01 | 2019-09-27 |
| OJJEH, Abdulaziz | Director | 1998-02-10 | 2019-09-27 |
| OJJEH, Mansour Akram | Director | 1998-02-10 | 2019-09-27 |
| ROSSET, Jacques Charles | Director | 2005-09-20 | 2019-09-27 |
| SANDARS, George Russell | Nominee Director | 1997-10-23 | 1997-12-17 |
| SPIERS, Donald Maurice, Sir | Director | 1999-03-02 | 2005-09-20 |
| SUBOWO, Andru Bramantya | Director | 2005-09-20 | 2019-09-27 |
| TREZISE, David Philip | Director | 1997-12-17 | 2005-09-20 |
| WATT, Robert Edward William Desmond | Director | 2023-01-13 | 2023-07-14 |
| YOUNG, Steven Hao Ran | Director | 2005-09-20 | 2019-09-27 |
| YOUSSEF, Waleed Ahmed Hafez, Dr | Director | 1997-12-17 | 1999-01-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Macquarie Infrastructure And Real Assets (Europe) Limited | Corporate entity | Significant influence | 2019-09-27 | Active |
| Farnborough Airport (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 185 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-14 | AA | accounts | accounts with accounts type full |
| 2024-10-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-22 | AA | accounts | accounts with accounts type full |
| 2023-10-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-03 | AA | accounts | accounts with accounts type full |
| 2023-09-18 | AP01 | officers | appoint person director company with name date |
| 2023-07-27 | TM01 | officers | termination director company with name termination date |
| 2023-05-16 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-05-11 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-01-13 | AP01 | officers | appoint person director company with name date |
| 2023-01-04 | TM01 | officers | termination director company with name termination date |
| 2022-10-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-07-04 | AA | accounts | accounts with accounts type full |
| 2022-04-05 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2021-10-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-10-07 | CH01 | officers | change person director company with change date |
| 2021-10-07 | CH01 | officers | change person director company with change date |
| 2021-08-10 | AA | accounts | accounts with accounts type full |
| 2020-10-16 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory