INTERNATIONAL AIRPORT BIDCO LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. INTERNATIONAL AIRPORT BIDCO LIMITED 2017-09-26 → present
2. RUBY FERRIES (INTERMEDIATE) LIMITED 2017-06-21 → 2017-09-26

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having regard to the above, management have prepared forecasts of group income, profitability, and cash flow to understand the future financial and operational requirements of the business. The Directors have reviewed these forecasts and specifically those covering a period of at least 12 months from the date of approva”

Group structure

1. INTERNATIONAL AIRPORT BIDCO LIMITED · parent
   1. LBIA Holding Limited 100% · Holding Company
   2. Leeds Bradford Airport Limited 100% · Running a passenger airport
   3. LBA Midco 1 Limited 100% · Holding Company
   4. LBA Midco 2 Limited 100% · Holding Company
   5. LBA Services Ltd 100% · Providing security and passenger services
   6. Yorkshire International Airport Limited 100% · Dormant
   7. Leeds Airport Limited 100% · Dormant
   8. Leeds City Airport Limited 100% · Dormant
   9. Leeds City Region Airport Limited 100% · Dormant
   10. Yorkshire Airport Limited 100% · Dormant

Significant events

• “LBA: REGEN is a c.£100,000,000 investment that delivers a 40% increase to the size and capacity of the terminal.”
• “Post year-end on 14th May 2025, the Group refinanced its senior debt facilities which were due to mature in January 2026.”
• “In July 2023, the Group agreed a new junior facility (£100,000,000) to initially fund the LBA: REGEN transformation programme.”
• “Upon completion of the senior refinancing in May 2025, which provides access to a new capital expenditure facility, the undrawn second tranche of the junior facility (£50,000,000) was cancelled.”
• “On 5 September 2023 the Group submitted four applications of Certificate of Lawfulness of Existing Use or Development (CLEUD) to Leeds City Council.”
• “Post year-end on 30th June 2025 the pension scheme completed a buy-in transaction purchasing a bulk annuity insurance policy to meet all future payments due from the pension scheme to the members.”

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

Filings

9

last 12 months

Capital events

1

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +14%

  £53,018,000 → £60,437,000

• Cash

  -48.7%

  £47,347,000 → £24,268,000

• Net assets

  -5.1%

  £46,198,000 → £43,845,000

• Employees

  +11.4%

  466 → 519

• Operating profit

  -3.9%

  £7,294,000 → £7,013,000

• Profit before tax

  -353.4%

  £1,054,000 → -£2,671,000

• Wages

  +12.5%

  £18,071,000 → £20,329,000

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