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Company No. 02901571 · Incorporated 23 Feb 1994

Air Menzies International Limited

Registered name: AIR MENZIES INTERNATIONAL LIMITED

Part of John Menzies Limited group

Air Menzies International Limited made £45.3m revenue and £1.4m profit in the year to 31 Dec 2023. read from filing text

Air Menzies International Limited’s revenue fell 35% to £45.3m in the year to 31 Dec 2023, with £1.4m profit and 141 employees. The company is classified under “other service activities” and is based in Crawley; we hold 2 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
Crawley, South East
Age
32 yrs · since 1994
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light
Revenue
£45.3m
Growth ▼34.8%
Profit
£1.4m
Growth ▼46.2%
Profit margin
3.1%
 
Employees
141
Change ▼3.4%
Profit / employee
£9.9k
Revenue/employee £321k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£69.4m£45.3m
Operating profit£3.3m£868k
Profit before tax£2.6m£1.4m
Profit (best available)£2.6m£1.4m
Staff costs£6.9m£6.7m
Employees (average)146141
Ratios
Profit margin3.8%3.1%
Revenue per employee£475k£321k
Profit per employee£17.8k£9.9k
Growth (year on year)
Revenue growth—▼34.8%
Profit growth—▼46.2%
Headcount growth—▼3.4%
Balance sheet — indirect signals, not revenue
Cash at bank£138k£295k
Net assets£8.2m£9.3m
Fixed assets£4.7m£4.3m
Current assets£20.6m£20.2m
Debtors£7.2m£4.7m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
3.1%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£321k
Revenue ÷ average employees.
Profit per employee
£9.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
9.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.4%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲13%
Now £9.3m
Cash at bank
▲114%
Now £295k
Headcount
▼3%
Now 141
Deferred income
—
Now —
Fixed assets
▼10%
Now £4.3m
Corporate ownership

Group structure

Ownership chain

  1. John Menzies Limitedultimate parent75–100%
  2. Menzies Group Holdings Limited75–100%
  3. Menzies Aviation Holdings Limited75–100%
  4. Menzies Aviation Limited75–100%
  5. Air Menzies International Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (12)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.4m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.