Menzies Aviation (UK) Limited
Registered name: MENZIES AVIATION (UK) LIMITED
Part of John Menzies Limited groupMenzies Aviation (UK) Limited made £171m revenue and a £5.9m loss in the year to 31 Dec 2023. read from filing text
Menzies Aviation (UK) Limited’s revenue grew 30% to £171m in the year to 31 Dec 2023, with a loss of £5.9m and 3,496 employees. The company is classified under “service activities incidental to air transportation” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 26 yrs · since 2000
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £132m | £171m |
| Operating profit | −£2.7m | £1.1m |
| Profit before tax | −£7.6m | −£5.9m |
| Profit (best available) | −£7.6m | −£5.9m |
| Staff costs | £94.8m | £124m |
| Employees (average) | 3,023 | 3,496 |
| Ratios | ||
| Profit margin | −5.8% | −3.5% |
| Revenue per employee | £43.6k | £48.9k |
| Profit per employee | −£2.5k | −£1.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲29.7% |
| Headcount growth | — | ▲15.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £100k | £100k |
| Net assets | −£36.4m | −£39.1m |
| Fixed assets | £47.4m | £60.9m |
| Current assets | £33.3m | £31.2m |
| Debtors | £17.8m | £18.4m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- −3.5%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £48.9k
- Revenue ÷ average employees.
- Profit per employee
- −£1.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 35.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.8%
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now −£39.1m
- Cash at bank
- 0%
- Now £100k
- Headcount
- ▲16%
- Now 3,496
- Deferred income
- —
- Now —
- Fixed assets
- ▲28%
- Now £60.9m
Group structure
Ownership chain
- John Menzies Limitedultimate parent75–100%
- Menzies Group Holdings Limited75–100%
- Menzies Aviation Holdings Limited75–100%
- Menzies Aviation Limited75–100%
- Menzies Aviation (UK) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (6)
- Menzies Client Solutions LimitedRev. £298k · Profit £135k
- Airbase Flight Support LimitedRev. — · Profit £0
- Express Handling (Scotland) LimitedFigures not disclosed
- Heathrow Aviation Services LimitedFigures not disclosed
- Manchester Handling LimitedFigures not disclosed
- Menzies Express Baggage LimitedFigures not disclosed
Sister companies (12)
- Air Menzies International LimitedRev. £45.3m · Profit £1.4m
- Menzies World Cargo LimitedRev. £21.1m · Profit £2.5m
- London Cargo Group LimitedFigures not disclosed
- Mag Nominees LimitedFigures not disclosed
- Manchester Cargo Centre LimitedFigures not disclosed
- Menzies Aviation (Luton) LimitedFigures not disclosed
- Menzies Aviation (NL) LimitedRev. — · Profit £993k
- Menzies Aviation (Santo Domingo) LimitedRev. — · Profit £732k
- Ogden Cargo LimitedFigures not disclosed
- Skyport Handling LimitedFigures not disclosed
- Southampton Airport Cargo Services LimitedFigures not disclosed
- Wyng Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£5.9m), 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.