Regional & City Airports (Investments) Limited
Registered name: REGIONAL & CITY AIRPORTS (INVESTMENTS) LIMITED
Part of Icg PLC groupRegional & City Airports (Investments) Limited made £132m revenue and £11.4m profit in the year to 31 Mar 2025.
Regional & City Airports (Investments) Limited’s revenue grew 18% to £132m in the year to 31 Mar 2025, with £11.4m profit and 953 employees. The company is classified under “activities of other holding companies” and is based in Exeter; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Exeter
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £93.1m | £111m | £132m |
| Cost of sales | −£39.2m | −£47.1m | −£59.1m |
| Gross profit | £54m | £64.4m | £72.8m |
| Operating profit | £3.7m | £16.9m | £17.2m |
| Profit before tax | £1.3m | £14.5m | £14.1m |
| Profit after tax | £1.4m | £11.1m | £11.4m |
| Profit (best available) | £1.4m | £11.1m | £11.4m |
| Employees (average) | 794 | 847 | 953 |
| Ratios | |||
| Profit margin | 1.5% | 9.9% | 8.6% |
| Gross margin | 57.9% | 57.8% | 55.2% |
| Revenue per employee | £117k | £132k | £138k |
| Profit per employee | £1.7k | £13.1k | £12k |
| Growth (year on year) | |||
| Revenue growth | — | ▲19.6% | ▲18.3% |
| Profit growth | — | ▲707.2% | ▲3% |
| Headcount growth | — | ▲6.7% | ▲12.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 8.6%
- Profit ÷ revenue.
- Gross margin
- 55.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £138k
- Revenue ÷ average employees.
- Profit per employee
- £12k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲13%
- Now 953
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Icg PLCultimate parent75–100%
- Icg FMC Limited75–100%
- Luna Investment Topco Limited75–100%
- Luna Investment Midco I Limited75–100%
- Luna Investment Midco II Limited75–100%
- Luna Investment Bidco Limited75–100%
- Regional & City Airports Group Limited75–100%
- Regional & City Airports (Investments) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (6)
- Abp 1 LimitedFigures not disclosed
- Bournemouth International Airport LimitedFigures not disclosed
- Exeter and Devon Airport LimitedFigures not disclosed
- Norwich Airport LimitedFigures not disclosed
- Regional & City Airports LimitedFigures not disclosed
- XLR Executive Jet Centres LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £11.4m), from the Companies House accounts bulk data published Aug 2025. 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.