AIRPORT RETAIL ENTERPRISES (UK) LTD
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-06-30
Confirmation statement due
2027-04-14 (in 11mo)
Last made up 2026-03-31
Watchouts
None on the register
Cash
£5M
+127.4% vs 2023
Net assets
£4M
+290.7% vs 2023
Employees
378
+27.3% vs 2023
Profit before tax
£421K
+643.5% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-06-30
| Metric | Trend | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Turnover | £20,660,413 | £27,793,871 | |
| Operating profit | £52,815 | £380,088 | |
| Profit before tax | £56,668 | £421,314 | |
| Net profit | £112,642 | £249,936 | |
| Cash | £2,110,489 | £4,798,760 | |
| Total assets less current liabilities | -£2,149,829 | £4,100,107 | |
| Net assets | -£2,149,829 | £4,100,107 | |
| Equity | -£2,149,829 | £4,100,107 | |
| Average employees | 297 | 378 | |
| Wages | £7,468,199 | £9,439,566 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Operating margin | 0.3% | 1.4% | |
| Net margin | 0.5% | 0.9% | |
| Return on capital employed | -2.5% | 9.3% | |
| Current ratio | 0.42x | 1.10x | |
| Interest cover | 8802.50x | 292.38x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Barnes Roffe LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. Revenue since the reporting date continues to increase. Revenue projections for the remaining months of the financial year ending 30 June 2025 remain positive with expectations of continued growth with the aid of new sites opened during the year. The directors note that the Company is trading adequately and has sufficient working capital and other finance available to continue trading for a period of not less than 12 months from the Statement of financial position date. As such, the directors believe that there are no significant uncertainties in their assessment of whether the business is a going concern and therefore has prepared the accounts on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUTTS, Hayley Mas | Director | 2013-09-26 | Sep 1980 | British |
| BUTTS, John Peter | Director | 2013-09-26 | Sep 1977 | Australian |
| BUTTS, Peter Hamilton | Director | 2013-09-26 | Oct 1943 | Australian |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUTTS, Helen Carmel | Director | 2013-09-26 | 2026-04-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John Peter Butts | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Mrs Hayley Mas Butts | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Airport Retail Enterprises Pty Limited | Corporate entity | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2016-04-06 |
| Mrs Helen Butts | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-50-to-75-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2016-04-06 | Active |
| Mr Peter Butts | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-50-to-75-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2016-04-06 | Active |
Filing timeline
Last 20 of 55 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-07-04 RESOLUTIONS Resolution
- 2024-07-04 RESOLUTIONS Resolution
- 2024-07-04 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-19 | AA01 | accounts | Change account reference date company previous shortened | |
| 2025-04-14 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-14 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-09 | AA | accounts | Accounts with accounts type full | |
| 2024-07-04 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-04 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-04 | MA | incorporation | Memorandum articles | |
| 2024-07-02 | SH01 | capital | Capital allotment shares | |
| 2024-04-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-17 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-01-17 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-12-16 | AA | accounts | Accounts with accounts type small | |
| 2023-09-26 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-06-30 vs 2023-06-30
-
Turnover
+34.5%
£20,660,413 £27,793,871
-
Cash
+127.4%
£2,110,489 £4,798,760
-
Net assets
+290.7%
-£2,149,829 £4,100,107
-
Employees
+27.3%
297 378
-
Operating profit
+619.7%
£52,815 £380,088
-
Profit before tax
+643.5%
£56,668 £421,314
-
Wages
+26.4%
£7,468,199 £9,439,566
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