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Company Details

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Company Name BRITISH AIRWAYS ASSOCIATED COMPANIES LIMITED
Registered Number 00590083
Registered Office WATERSIDE
PO BOX 365
HARMONDSWORTH
UB7 0GB.
 
Trading Address WATERSIDE
P O BOX 365
WEST DRAYTON
MIDDLESEX
UB7 0GB.
 
Website Address http://www.britishairways.com
Telephone 08444 930787
Incorporation Date 06 Sep 1957
Company Status Trading
Company Type Private Limited
Accounts Filing Date 01 Oct 2020
SIC Code 7415
SIC Description Legal, accounting, book-keeping and auditing activities; tax consultancy; market research, polls
Premises Owned,Offices
Principal Activity Controlling an managing investments in other airlines and related services.
Other Key Dates Date of Last Annual Return to Registry: 17 Sep 2020
  Accounting Reference Date: 31 Dec
Countries Import: No Import Activity
  Export: No Export Activity

Risk Summary

Credit Rating & Credit Limit Checkaco Credit ratings are alpha / numeric in conjunction with a credit guide figure and are a summary opinion on your enquiry subject, alpha denoting risk level, numeric reflecting the size of the business:- A = excellent, B= Good C= Fair D = Poor. Numeric, 1 = £50m plus turnover, 5 = £599k to £999k turnover, 10 = £1k to £24k turnover etc. See guide for more info.
Most Recent Rating 1B Maximum Credit Limit £1,862,500.00 Monthly Limit £745,000.00
Credit Limit History
Date Rating (see guide) Description Limit Monthly Limit
01 Dec 2020 1B NORMAL RISK £1,887,500.00 £755,000.00
01 Nov 2020 1B NORMAL RISK £1,912,500.00 £765,000.00
01 Oct 2020 1B NORMAL RISK £1,912,500.00 £765,000.00
01 Sep 2020 1B NORMAL RISK £1,795,000.00 £718,000.00
01 Aug 2020 1B NORMAL RISK £1,795,000.00 £718,000.00
01 Jul 2020 1B NORMAL RISK £1,795,000.00 £718,000.00
01 Jun 2020 1B NORMAL RISK £1,887,500.00 £755,000.00
01 May 2020 1B NORMAL RISK £1,887,500.00 £755,000.00
01 Apr 2020 1B NORMAL RISK £1,887,500.00 £755,000.00
01 Mar 2020 1B NORMAL RISK £1,937,500.00 £775,000.00
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The credit limit is calculated using a formula that analyses information from a company's financial accounts and payment record. The credit limit is a recommendation of the total amount of credit that should be outstanding at any one time.

Public Info - County Court Judgments, Scottish Decrees etc

Summary of CCJ's/Scottish Decrees - In England and Wales, county court judgements are legal decisions handed down by county courts. Judgements for monetary sums are entered on the Register of County Court Judgments
None Recorded
Mortgages / Charges More details from Companies House
Registered  None Recorded Outstanding  - Partially Satisfied  - Satisfied  -
Latest Mortgage Created  - Latest Partial Satisfaction  - Latest Satisfaction  -
Other Filings - Companies House Daily Gazette
Event Date
All documents delivered to the registrar under sections 394A(2)(e), 448A(2)(e) and 479A(2)(e) (qualifying subsidiary companies: conditions for exemption from 01 Oct 2020
All documents required to be delivered to the registrar under section 441 (annual accounts and reports) 01 Oct 2020
Confirmation Statement 25 Sep 2020
Confirmation Statement 17 Sep 2019
All documents delivered to the registrar under sections 394A(2)(e), 448A(2)(e) and 479A(2)(e) (qualifying subsidiary companies: conditions for exemption from 22 Aug 2019
All documents required to be delivered to the registrar under section 441 (annual accounts and reports) 22 Aug 2019
Confirmation Statement 19 Sep 2018
All documents required to be delivered to the registrar under section 441 (annual accounts and reports) 15 Sep 2018
All documents delivered to the registrar under sections 394A(2)(e), 448A(2)(e) and 479A(2)(e) (qualifying subsidiary companies: conditions for exemption from 13 Sep 2018
All documents delivered to the registrar under sections 394A(2)(e), 448A(2)(e) and 479A(2)(e) (qualifying subsidiary companies: conditions for exemption from 26 Sep 2017
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History
Event 1 26/02/1998 : The Registered Office address changed from SPEEDBIRD HOUSE HEATHROW AIRPORT, -LONDON HOU.
Event 2 At heading address since 11/1988.
Event 3 15/12/1972 : Change of name from B.O.A.C ASSOCIATED COMPANIES LIMITED.
Event 4 Previously located at PO BOX 6, HEATHROW AIRPORT, HOUNSLOW, LONDON.
Xseption (recorded when unusual patterns of behaviour or financial results have been identified)
None Recorded

Previous Searches

Details of Most Recent Searches
Date Industry Description
18 Mar 2020 Miscellaneous
21 Feb 2020 Photographic activities
22 Jan 2020 Miscellaneous
13 Mar 2019 Miscellaneous

Subsidiaries

Known Directors

Name ANDREW IAN FLEMING
Type Director
Address WATERSIDE PO BOX 365, SPEEDBIRD WAY, HARMONDSWORTH, UB7 0GB.
Date of Birth Jun 1979
Date of Appointment 11 Oct 2013
Nationality BRITISH
Other Directorships :
  BRITAIR HOLDINGS LIMITED (03537574)
  BA AND AA HOLDINGS LIMITED (03840072)
  BRITISH AIRWAYS LEASING LIMITED (04150220)
  BRITISH AIRWAYS 777 LEASING LIMITED (04954270)
  BA CLUBS LIMITED (06003398)
  BA EUROPEAN LIMITED (06346489)
 
Name SIMON PHILCOX
Type Director
Address WATERSIDE P O BOX 365 SPEEDBIRD WA, HARMONDSWORTH, WEST DRAYTON, UB7 0GB.
Date of Birth Sep 1979
Date of Appointment 25 Apr 2017
Nationality BRITISH
Other Directorships :
  BRITISH MIDLAND AIRWAYS LIMITED (00464648)
  BRITISH MIDLAND LIMITED (02107441)
  BA CITYFLYER LIMITED (02571224)
  BRITAIR HOLDINGS LIMITED (03537574)
  BA AND AA HOLDINGS LIMITED (03840072)
  BRITISH AIRWAYS LEASING LIMITED (04150220)
  BRITISH AIRWAYS 777 LEASING LIMITED (04954270)
  BA EUROPEAN LIMITED (06346489)
  BA NUMBER ONE LIMITED (07988856)
  BRITISH AIRWAYS (BA) LIMITED (07990613)
  BEALINE PLC (08090752)
  BA HOLDCO LIMITED (12278609)
 

Share Capital

Shares Ordinary GBP 1.00
Issued Number 173,425,273
Date Latest Accounts 31 Dec 2019
Auditor / Accountant
Bankers BARCLAYS BANK PLC
Bank Branch Code 200000
Principal Shareholders 173,425,273 BRITISH AIRWAYS PLC
Note: The above reflects the principal shareholder(s) by number of shares held, irrespective of share classification type.
Holding Company BRITISH AIRWAYS PLC
Ultimate Parent INTERNATIONAL CONSOLIDATED AIRLINES GROUP S A

Financial Data – Statutory Accounts

Profit and Loss (units of 1000)
Number of weeks525252525252
Accounts Date31 Dec 201931 Dec 201831 Dec 201731 Dec 201631 Dec 201531 Dec 2014
Consolidated
CurrencyGBPGBPGBPGBPGBPGBP
Non Trading Income375312154210260252
PRE TAX PROFIT375312154210260252
Taxation -30-124253 
PROFIT AFTER TAX375342166168207252
RETAINED PROFITS375342166168207252
Balance Sheet (units of 1000)
Number of weeks525252525252
Accounts Date31 Dec 201931 Dec 201831 Dec 201731 Dec 201631 Dec 201531 Dec 2014
Consolidated
CurrencyGBPGBPGBPGBPGBPGBP
TOTAL CURRENT ASSETS52,44452,12251,81051,65651,44651,186
Other Current Assets52,44452,12251,81051,65651,44651,186
Misc Current Assets52,444     
Due From Group 52,12251,81051,65651,44651,186
TOTAL ASSETS52,44452,12251,81051,65651,44651,186
TOTAL CURRENT LIABILITIES 53839553 
Other Liabilities 53839553 
WORKING CAPITAL52,44452,06951,72751,56151,39351,186
NET ASSETS/(LIABILITIES)52,44452,06951,72751,56151,39351,186
SHARE CAPITAL + RESERVES52,44452,06951,72751,56151,39351,186
Share Cap + Sundry Res173,425173,425173,425173,425173,425173,425
Issued Share Capital 173,425173,425173,425173,425173,425173,425
Profit and Loss account-120,981-121,356-121,698-121,864-122,032-122,239
SHAREHOLDERS FUNDS 52,44452,06951,72751,56151,39351,186
CAPITAL EMPLOYED 52,44452,06951,72751,56151,39351,186
Financial Comparison (units of 1000)
Number of weeks525252525252
Accounts Date31 Dec 201931 Dec 201831 Dec 201731 Dec 201631 Dec 201531 Dec 2014
Consolidated
CurrencyGBPGBPGBPGBPGBPGBP
Net Working Capital52,44452,06951,72751,56151,39351,186
Tangible Net Worth(T.N.W)52,44452,06951,72751,56151,39351,186
Equity52,44452,06951,72751,56151,39351,186
Number of Years Trading626160595857
Key Credit Ratios
Number of weeks525252525252
Accounts Date31 Dec 201931 Dec 201831 Dec 201731 Dec 201631 Dec 201531 Dec 2014
Consolidated
CurrencyGBPGBPGBPGBPGBPGBP
Current Ratio 983.4624.2543.7970.7 
Quick Ratio 983.4624.2543.7970.7 
Return on Investment %0.70.60.30.40.50.5
Return on Assets %0.70.60.30.40.50.5
T.N.W/Total Assets %10099.999.899.899.9100
Return on Capital %0.70.60.30.40.50.5
Rtn on Shareholders Funds %0.70.60.30.40.50.5
Equity Gearing % 98,243.462,321.754,274.796,967.9 
Key Industry Sector Trends
Year2020201920182017
Sample Size69577999999999999999
PRE-TAX PROFIT MARGIN30272628
CURRENT RATIO3322
BORROWING RATIO78424340
RETURN ON CAPITAL70727786
CREDITORS DAYS40374451
Above figures relate to companies in 1992 Standard Industry Classificaation (Nace) sector : Legal, accounting, book-keeping and auditing activities; tax consultancy; market research, polls
Financial Summary
Auditors Qualification The Reporting Accountants have expressed a clean opinion (i.e. unqualified with no referrals) on the accounts for the period ended 31/12/2019.
Pre Tax Profit The subject's profit increased by 20 % in the year.


  Report created on 03 Dec 2020 at 12:22