Sample Company Credit Report UK


 

Company Details

The rating for this business is excellent

Checkaco rating
Company Name BRITISH AIRWAYS PLC
Registered Number 01777777
Registered Office WATERSIDE
PO BOX 365
HARMONDSWORTH
UB7 0GB
 
Trading Address Po Box 365
Harmondsworth
WEST DRAYTON
UB7 0GB
 
Website Address https://www.british-airways.com
Telephone 03444930787
Incorporation Date 13 Dec 1983
Company Status Active
Company Type Public limited with Share Capital
Accounts Filing Date 21 May 2022
Staff Employed 30555 (2021)
Principal Activity A group engaged in the operation of international and domestic scheduled air services for the carriage of passengers, freight and mail and the provision of ancilliary services.
Other Activities Non-scheduled air transport - SIC03 code 6220
Cargo handling - SIC03 code 6311
Other supporting air transport - SIC03 code 6323
Non-scheduled passenger air transport - SIC07 code 51102
Cargo handling for air transport activities of division 51 - SIC07 code 52242
Service activities incidental to air transportation - SIC07 code 52230
Other Key Dates Date of Last Annual Return to Registry:
  Accounting Reference Date: 31 Dec 2021

Risk Summary

Credit Rating & Credit Limit Checkaco Credit ratings are given in conjunction with a credit guide figure and are a summary opinion on the risk level (i.e. risk of default) associated with your enquiry subject:- A = Very low risk, B = Low risk, C = Moderate risk, D = High risk, E = No rating - could be set because the company is passive (i.e. not filing accounts). See guide for more info.
* Local credit score, as used by the supplier in the UK, ranging from 1 to 100.
** Augur Score is an empirically-derived commercial credit score ranging from 0 to 600. Predicts the likelihood of business failure within the next 12 months.
Most Recent Rating A Provider Score * 86 Augur Score ** 575 Monthly Limit £100,000,000.00 Contract Limit £500,000,000.00
Credit Limit History
Date Description Limit
Dec 2019 Very Low Risk £100,000,000.00
Nov 2019 Very Low Risk £100,000,000.00
Sep 2018 Very Low Risk £100,000,000.00
Jun 2015 Very Low Risk £100,000,000.00
Aug 2014 Very Low Risk £100,000,000.00
Aug 2010 Very Low Risk £15,000,000.00
Sep 2009 Very Low Risk £15,000,000.00
Sep 2009 Very Low Risk £15,000,000.00
Aug 2009 Very Low Risk £15,000,000.00
Apr 2009 Very Low Risk £15,000,000.00
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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. If a company settles a CCJ within 30 days, the Registry Trust strikes it off and the record will no longer be visible.
Period Last 6 years
Currency GBP
Exact Registered Count Summary 76
Exact Registered Amount Summary 90975
Possible Registered Count Summary 1
Possible Registered Amount Summary 1373
Unsettled Amount Summary 86102
Highest Amount Summary 9294
Satisfied Count Summary 7

CCJ Details (Note: Entries marked "possible" have been matched based on criteria such as trading name or address and do not affect a company's credit score)
Date Amount Type Date Satisfied Court Case No
15 Feb 2023 £1102 Judgment ARMAGH COURT OFFICE 22/088489
14 Feb 2023 £9294 Judgment COUNTY COURT MONEY CLAIMS CENTRE J39YJ073
13 Feb 2023 £751 Satisfied 16 Mar 2023 THE COUNTY COURT ONLINE 357MC529
12 Feb 2023 £860 Judgment THE COUNTY COURT ONLINE 357MC717
12 Feb 2023 £376 Satisfied 20 Mar 2023 THE COUNTY COURT ONLINE 357MC796
10 Jan 2023 £433 Judgment COUNTY COURT BUSINESS CENTRE J1QZ5T5H
14 Nov 2022 £2157 Judgment LAGANSIDE COURTS 22/079976
01 Aug 2022 £1662 Judgment THE COUNTY COURT ONLINE 300MC301
13 Jul 2022 £2079 Judgment COUNTY COURT BUSINESS CENTRE J8QZ2A28
31 Mar 2022 £740 Judgment SOUTHAMPTON H53YX954
More
Mortgages / Charges More details from Companies House
Registered:  866 Outstanding:  726 Satisfied:  140
Latest Mortgage Created:  22 Feb 2023 Latest Satisfaction:  19 Feb 2021  
 
Details:
Lender Description Date Created Date Registered
Nbb Taunton Lease Co., Ltd. Insurance Proceeds In Respect Of Airbusa320neo Aircraft, Registration G-ttnt, Serial Number 11092contains Fixed Charge.contains Negative Pledge. 23 Feb 2023 22 Feb 2023
Flip No. 283 Co., Ltd., Flip No. 284 Co., Ltd., Flip No. 285 Co., Ltd. Insurance Proceeds In Respect Of Airbusa350-1000 Aircraft, Registration G-xwbl, Serial Number 547contains Fixed Charge.contains Negative Pledge. 01 Feb 2023 24 Jan 2023
Nbb Barnsley Lease Co., Ltd. Insurance Proceeds In Respect Of Airbusa320neo Aircraft, Registration G-ttns, Serial Number 11026contains Fixed Charge.contains Negative Pledge. 01 Feb 2023 26 Jan 2023
Paddington Leasing Co., Ltd. Contains Fixed Charge.contains Negativepledge. 18 Jan 2023 13 Jan 2023
Nbb Ben Nevis Lease Co., Ltd. Contains Fixed Charge.contains Negativepledge. 03 Jan 2023 30 Dec 2022
Nbb Bradford Lease Co., Ltd Contains Fixed Charge.contains Negativepledge. 21 Dec 2022 16 Dec 2022
New Airways Pension Scheme Trustee Limited The Core Asset (being The Parts Of The Mortgaged Property Shaded Grey (of Any Shade) In The Plan Contained In Schedule 3 Of The Security Agreement). The Non-core Asset (being The Parts Of The Mortgaged Property Shaded Blue In The Plan Contained In Schedule 3 Of The Security Agreement). In This Document The Term Mortgaged Property Means All Of The Leasehold Property Registered At Hm Land Registry Under Title Number Agl46412 Known As East And West Maintenance Bases, Heathrow Airport, Hounslow. For More Information Please Refer To The Instrument.contains Fixed Charge.contains Negative Pledge. 20 Dec 2022 15 Dec 2022
Nbb Snowdon Lease Co., Ltd. Contains Fixed Charge.contains Negativepledge. 28 Sep 2022 23 Sep 2022
Nbb Kenilworth Lease Co., Ltd. Contains Fixed Charge.contains Negativepledge. 29 Mar 2022 23 Mar 2022
Nbb Warwick Lease Co., Ltd. Contains Fixed Charge.contains Negativepledge. 22 Nov 2021 18 Nov 2021
More
Other Filings - Companies House Time-Critical Documents
Event Date
Confirmation Statement 18 Aug 2022
New Accounts Filed 29 May 2022
New Accounts Filed 29 May 2022
New Board Member Ms A.J. Brittain appointed 22 Sep 2021
Confirmation Statement 16 Aug 2021
Ms J.E. Simpson has left the board 25 Jun 2021
New Board Member Ms C.S. Martinoli appointed 25 Jun 2021
New Accounts Filed 27 Apr 2021
New Accounts Filed 27 Apr 2021
Mr A. Cruz De Llano has left the board 19 Apr 2021
More
Xseption (recorded when unusual patterns of behaviour or financial results have been identified)
None Recorded

Group Structure


Ultimate Parent
Name INTERNATIONAL CONSOLIDATED AIRLINES GROUP
Address CALLE MARTINEZ VILLERGAS, 49, MADRID, ES-M, 28027
Registration Id A85845535
 

Parent
Name INTERNATIONAL CONSOLIDATED AIRLINES GROUP
Address CALLE MARTINEZ VILLERGAS, 49, MADRID, ES-M, 28027
Registration Id A85845535
 
Subsidiaries
Name DEUTSCHE BA HOLDING GMBH
Address FRIEDRICHSTR. 169, BERLIN, 10117
Registration Id HRB 47414 B
 
Name DEUTSCHE BA HOLDING GMBH
Address BRIENNER STR. 28, MÜNCHEN, 80333
Registration Id HRB 146185
 
Name "FLYLINE" TELE SALES & SERVICES GMBH
Address HERMANN-KöHL-STRAßE 3, BREMEN, 28199
Registration Id HRB 16441 HB
 
Name BRITISH AIRWAYS PLC
Address RUA CAMPOS JÚNIOR, Nº 1 A, LISBOA, LISBOA, 1070-306
Registration Id 980004250
 
Name BRITISH AIRWAYS ENGINEERING SERVICES LIMITED
Address WATERSIDE, PO BOX 365, HARMONDSWORTH, UB7 0GB
Registration Id 00545942
 
Name BRITISH AIRWAYS HOLIDAYS LIMITED
Address WATERSIDE HBB3 PO BOX 365, HARMONDSWORTH, WEST DRAYTON, UB7 0GB
Registration Id 00554278
 
Name OVERSEAS AIR TRAVEL LIMITED
Address WATERSIDE, PO BOX 365, HARMONDSWORTH, UB7 0GB
Registration Id 03129251
 
Name BRITISH AIRWAYS ASSOCIATED COMPANIES LIMITED
Address WATERSIDE, PO BOX 365, HARMONDSWORTH, UB7 0GB
Registration Id 00590083
 
Name BRITISH MIDLAND LIMITED
Address WATERSIDE PO BOX 365, SPEEDBIRD WAY, HARMONDSWORTH, UB7 0GB
Registration Id 02107441
 
Name BRITISH MIDLAND AIRWAYS LIMITED
Address WATERSIDE PO BOX 365, SPEEDBIRD WAY, HARMONDSWORTH, UB7 0GB
Registration Id 00464648
 
Name BRITISH MIDLAND AIRWAYS
Address 350 VALLEY RD, COS COB, CT, 06807
Registration Id
 
Name BRITISH MIDLAND AIRWAYS LIMITED
 
Name BRITISH MEDITERRANEAN AIRWAYS LIMITED
Address WATERSIDE PO BOX 365, SPEEDBIRD WAY, HARMONDSWORTH, UB7 0GB
Registration Id 02524595
 
Name BMIBABY LIMITED
Address WATERSIDE PO BOX 365, SPEEDBIRD WAY, HARMONDSWORTH, UB7 0GB
Registration Id 03259921
 
Name BRITISH AIRWAYS MAINTENANCE CARDIFF LIMITED
Address WATERSIDE, PO BOX 365, HARMONDSWORTH, UB7 0GB
Registration Id 02204178
 
Name AVIOS GROUP (AGL) LIMITED
Address WATERSIDE (HEA3) PO BOX 365, HARMONDSWORTH, UB7 0GB
Registration Id 02260073
 
Name IAG LOYALTY LIMITED
Address WATERSIDE, PO BOX 365, HARMONDSWORTH, UB7 0GB
Registration Id 02775089
 
Name IAG LOYALTY RETAIL LIMITED
Address WATERSIDE (HEA3) SPEEDBIRD WAY, HARMONDSWORTH, UB7 0GB
Registration Id 13984706
 
Name BA CITYFLYER LIMITED
Address WATERSIDE PO BOX 365, HARMONDSWORTH WEST DRAYTON, MIDDLESEX, UB7 0GB
Registration Id 02571224
 
Name BRITISH AIRWAYS AVIONIC ENGINEERING LIMITED
Address WATERSIDE, PO BOX 365, HARMONSWORTH, UB7 0GB
Registration Id 02775232
 
Name BRITISH AIRWAYS INTERIOR ENGINEERING LIMITED
Address WATERSIDE, PO BOX 365, HARMONDSWORTH, UB7 0GB
Registration Id 03109109
 
Name BRITAIR HOLDINGS LIMITED
Address WATERSIDE, PO BOX 365, HARMONDSWORTH, UB7 0GB
Registration Id 03537574
 
Name BRITISH AIRWAYS HOLDINGS B.V.
Address WATERSIDE P.O. BOX 365 , HARMONDSWORTH, W. DRAYTON
Registration Id 34123184
 
Name BA AND AA HOLDINGS LIMITED
Address BRITISH AIRWAYS PLC WATERSIDE, P O BOX 365 HARMONDSWORTH, WEST DRAYTON, MIDDLESEX, UB7 0GB
Registration Id 03840072
 
Name TELEFLIGHT LIMITED
Address BRITISH AIRWAYS PLC, PO BOX 365, HARMONDSWORTH, UB7 0GB
Registration Id 03918190
 
Name BRITISH AIRWAYS LEASING LIMITED
Address WATERSIDE, PO BOX 365, HARMONDSWORTH, UB7 0GB
Registration Id 04150220
 
Name BRITISH AIRWAYS PENSION TRUSTEE (NO. 2) LIMITED
Address WATERSIDE HAA1, HARMONDSWORTH, UB7 0GB
Registration Id 04560789
 
Name BRITISH AIRWAYS 777 LEASING LIMITED
Address WATERSIDE, PO BOX 365, HARMONDSWORTH, MIDDLESEX, UB7 0GB
Registration Id 04954270
 
Name BA EUROPEAN LIMITED
Address WATERSIDE, HARMONDSWORTH, WEST DRAYTON, UB7 0GB
Registration Id 06346489
 
Name BA NUMBER ONE LIMITED
Address WATERSIDE PO BOX 365, SPEEDBIRD WAY, HARMONDSWORTH, UB7 0GB
Registration Id 07988856
 
Name BA HEALTHCARE TRUST LIMITED
Address WATERSIDE PO BOX 365, HARMONDSWORTH, WEST DRAYTON, MIDDLESEX, UB7 0GB
Registration Id 09619950
 
Name GATWICK GROUND SERVICES LIMITED
Address WATERSIDE, P O BOX 365, SPEEDBIRD WAY, WEST DRAYTON, UB7 0GB
Registration Id 10390742
 
Name BA EXCEPTED GROUP LIFE SCHEME LIMITED
Address WATERSIDE HARMONDSWORTH, WEST DRAYTON, UB7 0GB
Registration Id 11283644
 
Name BA HOLDCO LIMITED
Address WATERSIDE P O BOX 365, SPEEDBIRD WAY, HARMONDSWORTH, WEST DRAYTON, UB7 0GB
Registration Id 12278609
 
Name BA EUROFLYER LIMITED
Address WATERSIDE SPEEDBIRD WAY, HARMONDSWORTH, UB7 0GB
Registration Id 13734241
 

Known Directors

Name Ms Alison Jane Brittain
Address Waterside, Po Box 365, Harmondsworth, UB7 0GB
Date of Appointment (appointed 01 Sep 2021)
 
Name Ms Carolina Sandra Martinoli
Address Waterside, Po Box 365, Harmondsworth, UB7 0GB
Date of Appointment (appointed 27 May 2021)
 
Name Mr Sean Liam Doyle
Address Waterside, Po Box 365, Harmondsworth, UB7 0GB
Date of Appointment (appointed 12 Oct 2020)
Other Directorships
  BA EUROFLYER LIMITED (13734241)
 
Name Mrs Rebecca Louise Napier
Address Waterside Po Box 365, Speedbird Way, Harmondsworth, UB7 0GB
Date of Appointment (appointed 20 Jun 2019)
Other Directorships
  IAG CARGO LIMITED (08075326)
 
Name Ms Lynne Louise Embleton
Address Waterside Po Box 365, Speedbird Way, Harmondsworth, UB7 0GA
Date of Appointment (appointed 07 Jan 2016)
Other Directorships
  AER LINGUS LIMITED (FC003748)
 
Name Ms Alison Clare Reed
Address Waterside Po Box 365, Harmondsworth, West Drayton, UB7 0GB
Date of Appointment (appointed 01 Dec 2003)
 
Company Secretary
Name Mr Andrew Ian Fleming
Address Waterside Po Box 365, Speedbird Way, Harmondsworth, UB7 0GA
Date of Appointment 11 Oct 2013
 

Share Capital

Shares B
Shareholder L D C (NCS) LTD
Issued Number 1,000,000
Shares A1
Shareholder INTERNATIONAL CONSOLIDATED AIRLINES GROUP SA
Issued Number 896,700
Shares C
Shareholder INTERNATIONAL CONSOLIDATED AIRLINES GROUP SA
Issued Number 147,963
Shares A2
Shareholder IBERIA LINEAS AEREAS DE ESPANA SAO
Issued Number 99,308
Date Latest Accounts 31 Dec 2021
Auditor / Accountant KPMG LLP
Bankers BARCLAYS BANK PLC

Payment Behaviour

Additional Payment Information
Currency GBP
Payments on File 284
Payments on Time 228
Payments Paid Late 53
Payments Sent Legal 0
Payments Still Owing Late 1
Payments Paid 0 to 30 Days 41
Highest Invoice Value Outstanding Late 1106.2
Payments Paid 90 Daysplus Late 1
Total Balance Still Owing Late 1106.2
Days Average Invoice Overdue 16.27
Payments Paid 61 to 90 Days 8
Total Balance Still Owing 3980.1
Payments 31 to 60 Days Late 0
Payments 61 to 90 Days Late 0
Highest Invoice Value Outstanding 1767.7
Payments Still Owing 2
Payments Within Terms 187
Payments 0 to 30 Dayslate 0
Average Invoice Value 46714.9
Payments Paid 31 to 60 Days 13
Payments Paid 90 Daysplus 32
Total Invoice Values 13267032.46
Weighted D B T 17
Payment Trend Stable
Industry D B T 8
Number of Invoices Paid Within Terms 187
Number of Invoices Paid 1 to 30 Days 41
Number of Invoices Paid 31 to 60 Days 13
Number of Invoices Paid 61 to 90 Days 8
Number of Invoices Paid 91 Plus Days 32
Number of Invoices Outstanding Within Terms 2
Number of Invoices Outstanding 1 to 30 Days 0
Number of Invoices Outstanding 31 to 60 Days 0
Number of Invoices Outstanding 61 to 90 Days 0
Number of Invoices Outstanding 91 Plus Days 1

Financial Data – Statutory Accounts

Profit and Loss
Accounts Date31 Dec 202131 Dec 202031 Dec 201931 Dec 201831 Dec 2017
ConsolidatedYesYesYesYesYes
CurrencyGBPGBPGBPGBPGBP
Turnover3,693,000,0004,001,000,00013,290,000,00012,965,000,00012,271,000,000
Depreciation911,000,0001,414,000,0001,051,000,000728,000,000696,000,000
Audit Fees1,960,000,0001,811,000,0002,440,0001,600,0001,670,000
Wages and Salaries1,482,000,0001,717,000,0002,529,000,0002,535,000,0002,559,000,000
Directors Remuneration2,000,0002,000,0002,000,0002,000,0003,000,000
Operating Profit-1,769,000,000-3,903,000,0001,338,000,0002,346,000,0001,769,000,000
Interest Expense429,000,000269,000,000234,000,000128,000,000112,000,000
Profit Before Tax-2,104,000,000-4,199,000,0001,459,000,0002,456,000,0001,727,000,000
Taxation456,000,000699,000,000-350,000,000-365,000,000-300,000,000
Profit After Tax-1,648,000,000-3,500,000,0001,109,000,0002,091,000,0001,427,000,000
Dividends0.00.0585,000,000575,000,000460,000,000
Retained Profit-1,648,000,000-3,500,000,000524,000,0001,505,000,000905,000,000
Balance Sheet
Tangible Assets14,459,000,00013,370,000,00012,891,000,00011,327,000,00010,834,000,000
Intangible Assets1,032,000,0001,062,000,0001,094,000,0001,067,000,000991,000,000
Total Fixed Assets14,917,000,00014,031,000,00013,985,000,00012,394,000,00011,825,000,000
Stock74,000,00073,000,000156,000,000175,000,000131,000,000
Trade Debtors454,000,000356,000,0001,202,000,000901,000,000766,000,000
Other Debtors414,000,000351,000,000145,000,000644,000,000597,000,000
Cash1,687,000,0001,261,000,0001,258,000,0001,327,000,000956,000,000
Misc Current Assets218,000,00052,000,0001,421,000,0001,240,000,0002,068,000,000
Total Current Assets2,847,000,0002,093,000,0004,720,000,0004,287,000,0004,518,000,000
Total Assets17,764,000,00016,124,000,00018,705,000,00016,681,000,00016,343,000,000
Trade Creditors1,139,000,000871,000,0001,396,000,0001,180,000,0001,312,000,000
Bank Borrowings Current832,000,0001,310,000,000932,000,00048,000,00083,000,000
Other Short Term Finance3,581,000,0002,981,000,0003,039,000,000766,000,000563,000,000
Misc Current Liabilities790,000,000639,000,0001,023,000,0003,844,000,0003,530,000,000
Total Current Liabilities6,342,000,0005,801,000,0006,390,000,0005,838,000,0005,488,000,000
Other Long Term Finance0.00.00.03,683,000,0003,323,000,000
Total Long Term Liabilities9,630,000,0008,489,000,0006,508,000,0005,176,000,0005,432,000,000
Total Liabilities15,972,000,00014,290,000,00012,898,000,00011,014,000,00010,920,000,000
Net Assets1,792,000,0001,834,000,0005,807,000,0005,667,000,0005,423,000,000
Issued Share Capital290,000,000290,000,000290,000,000290,000,000290,000,000
Revaluation Reserve0.00.00.00.00.0
Revenue Reserves0.00.00.00.00.0
Other Reserves1,502,000,0001,544,000,0005,517,000,0005,377,000,0005,133,000,000
Total Shareholders Equity1,792,000,0001,834,000,0005,807,000,0005,667,000,0005,423,000,000
Financial Summary
Year20212020201920182017
CurrencyGBPGBPGBPGBPGBP
Income Statement
Net Cash Flow From Operations238,000,000-2,254,000,0001,856,000,0001,715,000,0001,964,000,000
Net Cash Flow Before Financing-200,000,000-1,867,000,000823,000,0001,288,000,0001,148,000,000
Net Cash Flow From Financing652,000,0001,894,000,000-899,000,000-943,000,000-1,214,000,000
Increase In Cash452,000,00027,000,000-76,000,000345,000,000-66,000,000
Balance
Contingent Liabilities11111
Bank Overdraft and L T L10,462,000,0009,799,000,0007,440,000,0005,224,000,0005,515,000,000
Working Capital-3,495,000,000-3,708,000,000-1,670,000,000-1,551,000,000-970,000,000
Capital Employed11,422,000,00010,323,000,00012,315,000,00010,843,000,00010,855,000,000
Net Worth760,000,000772,000,0004,713,000,0004,600,000,0004,432,000,000
Financial Ratios
Pre Tax Profit Margin-57-1051118.914.1
Return on Capital Employed-18.4-40.711.822.615.9
Return on Total Assets Employed-11.8-267.814.710.6
Return on Net Assets Employed-117.4-228.925.143.331.8
Sales Or Net Working Capital-1.1-1.1-8-8.4-12.7
Stock Turnover Ratio21.81.21.31.1
Debtor Days44.732.432.925.322.7
Creditor Days112.379.238.233.138.9
Current Ratio0.50.40.70.70.8
Liquidity Ratio Or Acid Test0.40.30.70.70.8
Current Debt Ratio3.53.21.111
Gearing583.8534.3128.192.2101.7
Equity In Percentage10.411.93336.335.3
Total Debt Ratio8.97.82.21.92


  Report created on 25 Mar 2023 at 12:25

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