How much does Menzies Aviation Holdings Limited make?

Menzies Aviation Holdings Limited reported revenue of £106m and £52.7m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Menzies Aviation Holdings Limited have?

Menzies Aviation Holdings Limited reported an average of 161 employees in the year to 31 Dec 2023.

Is Menzies Aviation Holdings Limited profitable?

Yes — Menzies Aviation Holdings Limited reported a profit of £52.7m in the year to 31 Dec 2023.

Company No. 04055077 · Incorporated 17 Aug 2000

Menzies Aviation Holdings Limited

Registered name: MENZIES AVIATION HOLDINGS LIMITED

Part of John Menzies Limited group

Menzies Aviation Holdings Limited made £106m revenue and £52.7m profit in the year to 31 Dec 2023. read from filing text

Menzies Aviation Holdings Limited’s revenue grew 64% to £106m in the year to 31 Dec 2023, with £52.7m profit and 161 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.

Full P&L filedSection H · Transportation and storageSIC 52230Service activities incidental to air transportation

Status: Active
Location: London, London
Age: 26 yrs · since 2000
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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

Operating leverage

Revenue

£106m

Growth ▲64%

Profit

£52.7m

Growth ▲273.8%

Profit margin

49.9%

Employees

161

Change ▲9.5%

Profit / employee

£327k

Revenue/employee £656k

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 to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£64.4m	£106m
Operating profit	£16.7m	£49.9m
Profit before tax	£14.1m	£52.7m
Profit (best available)	£14.1m	£52.7m
Staff costs	£9.6m	£16.7m
Employees (average)	147	161
Ratios
Profit margin	21.9%	49.9%
Revenue per employee	£438k	£656k
Profit per employee	£95.9k	£327k
Growth (year on year)
Revenue growth	—	▲64%
Profit growth	—	▲273.8%
Headcount growth	—	▲9.5%
Balance sheet — indirect signals, not revenue
Net assets	£16.9m	£62.9m
Fixed assets	£81.7m	£83.8m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 49.9%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £656k; Revenue ÷ average employees.
Profit per employee: £327k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 79.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▲272%; Now £62.9m
Cash at bank: —; Now —
Headcount: ▲10%; Now 161
Deferred income: —; Now —
Fixed assets: ▲3%; Now £83.8m

Corporate ownership

Group structure

Ownership chain

John Menzies Limitedultimate parent75–100%
Menzies Group Holdings Limited75–100%
Menzies Aviation Holdings Limitedthis company

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

Subsidiaries (2)

Menzies Aviation LimitedRev. £23.2m · Profit −£4.1m
Menzies Aviation Corporate Services LimitedFigures not disclosed

Sister companies (4)

John Menzies (108) LimitedFigures not disclosed
John Menzies International LimitedRev. — · Profit £238k
Lonsdale Universal LimitedFigures not disclosed
Rose Street Nominees LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £52.7m), 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.