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TITAN AIRWAYS LIMITED

ENTERPRISE HOUSE BASSINGBOURN ROAD, STANSTED AIRPORT, STANSTED, ESSEX, CM24 1RN

Company Number: 02212225
Incorporation date: 20-Jan-1988
Status: Active
Entity type: Private Limited Company

SIC codes:
51102 Non-scheduled passenger air transport
51210 Freight air transport




SUMMARY

This company is 36.3 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 15.9 million which has decreased from the previous year's figure of GBP 15.9 million. The latest reported revenue figure is GBP 113.9 million which is up 20% on previous year's figure of GBP 98.9 million. The company has 2 active officers (directors or partners) who are or were officers of 8 other companies, 2 (25.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Dec-2024
Accounts Filed: FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2019 GBP 113,852,810 4,545,015 331,999 6,890 932,851 3,937,273
31-Mar-2018 GBP 98,855,508 4,996,381 146,350 930,490 808,751 3,403,490
31-Mar-2017 GBP 89,298,800 5,481,696 1,151,871 4,445,903
31-Mar-2016 GBP 6 7 13 1,608,839
31-Mar-2015 GBP 68,288,847 2,987,888 90,632 103 656,323 2,422,094
31-Mar-2014 GBP 71,586,156 1,550,868 208,247 653 773,289 2,144,835
31-Mar-2013 GBP 75,677,467 7,627,144 178,293 25 1,628,116 6,174,044
31-Mar-2012 GBP 73,713,244 6,025,172 110,412 3,602 1,623,149 3,501,312
31-Mar-2011 GBP 68,863,796 6,336,884 134,065 1,019 1,797,420 4,672,510


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2019 GBP 4,431,958 5,000 15,690,353 15,853,536
31-Mar-2018 GBP 5,000 15,753,080 15,885,283
31-Mar-2017 GBP 11,271 5,000 12,349,590 12,334,136
31-Mar-2016 GBP 9,145,523 58,593 5,000 12,903,687 12,171,241
31-Mar-2015 GBP 11,736,664 16,922,844 5,000 11,294,848 11,299,848
31-Mar-2014 GBP 9,017,995 12,871,018 5,000 13,872,754 13,877,754
31-Mar-2013 GBP 12,378,968 10,674,118 5,000 18,727,919 18,732,919
31-Mar-2012 GBP 6,969,775 12,731,165 5,000 18,553,875 18,558,875
31-Mar-2011 GBP 17,798,740 11,525,556 1,612,500 5,000 15,052,563 15,057,563

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Rachel PRINCE 04 Nov 2022 18 Apr 2024 1 - 0
Resigned Esen FETHI 22 Jun 2015 30 Sep 2022 0 - 1
Resigned Stefan Paul PAYNE 29 Nov 2010 22 Jun 2015 0 - 1
Resigned Darren MACCLINTON 31 Jan 2002 29 Nov 2010 0 - 5
Resigned Simon Donald PERKINS 16 Aug 1999 31 Jan 2002 Chartered Accountant British 13 - 27
Resigned Brian James Emery DONALD 18 Dec 1991 16 Aug 1999 Director English 0 - 8
Resigned Brian James Emery DONALD 16 Aug 1999 0 - 8

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)		 Dissolved companies
(rate)
Resigned Joseph Clarence DENNETT 01 Nov 2017 21 Dec 2023 Pilot British 0 - 40 (0.0%)
Resigned Alastair Mark WILLSON 18 May 2015 26 Jun 2023 Director British 0 - 20 (0.0%)
Resigned Jonathon Paul WALKER 01 Mar 2015 29 Nov 2016 Flight Operations Director British 1 - 40 (0.0%)
Active Stefan Paul PAYNE 01 Oct 2014 Finance Director British 3 - 00 (0.0%)
Resigned Paul Nigel WOODMAN 14 Oct 2008 01 Oct 2018 Technical Director British 2 - 20 (0.0%)
Resigned Robin PLATTS 01 Aug 2006 28 Feb 2014 Finance Director British 0 - 94 (44.4%)
Resigned Alastair James KIERNAN 01 Jul 2004 03 Apr 2020 Commercial Director British 1 - 21 (33.3%)
Resigned Jonathan Henry FRANCIS 01 Apr 2000 27 Nov 2018 Pilot British 0 - 20 (0.0%)
Resigned John Michael HOSEY 01 Apr 1997 31 Mar 2009 Engineer British 0 - 41 (25.0%)
Resigned Simon Donald PERKINS 01 Apr 1997 31 Jan 2002 Chartered Accountant British 13 - 2710 (25.0%)
Resigned Graham Neal BAGULEY 15 Nov 1995 03 Apr 2020 Operations Director British 0 - 30 (0.0%)
Resigned Brian James Emery DONALD 18 Dec 1991 16 Aug 1999 Company Director English 0 - 80 (0.0%)
Active Gene Hedley WILLSON 18 Dec 1991 Pilot British 6 - 43 (30.0%)
Active Gene Hedley WILLSON Pilot British 6 - 43 (30.0%)
Resigned Brian James Emery DONALD 16 Aug 1999 Company Director English 0 - 80 (0.0%)
Number of active directors: 3
Average tenure of active directors: 14.0 years
Average tenure of resigned directors: 9.7 years
Average active director Dissolution Rate: 20.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
  
SATELLITE TRAVEL LIMITED (00393410) - Dissolved ✔✔
TITAN AIRWAYS LIMITED (02212225) - Active ✔✔✔
HAGONDALE LIMITED (02670425) - Active ✔✔✔
SATELLITE AVIATION LIMITED (03156829) - Dissolved ✔✔
EXECAIR LIMITED (03205078) - Active ✔✔
AEROSTARS LIMITED (03731711) - Dissolved ✔✔
POSTAL AIR NETWORK LIMITED (04934381) - Active ✔✔
SNOWJET LIMITED (06026427) - Active ✔✔
TITAN AIRWAYS EUROPE (UK) HOLDINGS LIMITED (13230521) - Active ✔✔✔

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-03-302015-03-302014-03-302013-03-302012-03-30
HAGONDALE LTDORDINARY4,999
100.0%		4,999
100.0%		4,999
100.0%		4,999
100.0%		4,999
100.0%
G.H. WILLSONORDINARY1
0.02%		1
0.02%		1
0.02%		1
0.02%		1
0.02%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

TITAN AIRWAYS LIMITED

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-04-01 2023-09-30 30 5% 24% 78446
2021-04-01 2021-09-30 28 5% 34% 51631
2020-10-01 2021-03-31 33 9% 43% 45500
2020-04-01 2020-09-30 30 10% 2% 38054
2019-10-01 2020-03-31 28 8% 26% 38052
2019-04-01 2019-09-30 30 7% 28% 23762
2018-10-01 2019-03-31 30 6% 25% 15097
2018-04-01 2018-09-30 36 9% 52% 8023


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 51102 Non-scheduled passenger air transport)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
AIR CHARTER SERVICE GROUP LIMITED MILLBANK HOUSE, 171-185, EWELL ROAD, SURBITON, SURREY, KT6 6AP 04028491 2018-01-31 475,527,000 9,377,000 51210-Freight air transport
BRISTOW HELICOPTERS LIMITED REDHILL AERODROME, KINGS MILL LANE, REDHILL, SURREY, RH1 5JZ 00551102 2018-03-31 356,766,630 -46,577,719
AIRTANKER SERVICES LIMITED AIRTANKER HUB, RAF BRIZE NORTON, CARTERTON, OXFORDSHIRE, OX18 3LX 06279646 2017-12-31 169,289,000 7,322,000 51210-Freight air transport
52230-Service activities incidental to air transportation
52290-Other transportation support activities
BABCOCK MISSION CRITICAL SERVICES OFFSHORE LIMITED 20-22 WENLOCK ROAD, LONDON, ENGLAND, N1 7GU 04278474 2018-03-31 129,726,000 3,403,000
CHC SCOTIA LIMITED C/O CMS CAMERON MCKENNA LLP, 78 CANNON STREET, LONDON, EC4N 6AF 00936569 2018-04-30 121,742,000 -4,602,000
CHAPMAN FREEBORN AIRCHARTERING LIMITED 3 CITY PLACE, BEEHIVE RING ROAD, GATWICK, WEST SUSSEX, RH6 0PA 01053714 2017-12-31 112,781,295 752,000 51210-Freight air transport
CHAPMAN FREEBORN AIRCHARTERING LIMITED 3 CITY PLACE, BEEHIVE RING ROAD, GATWICK, WEST SUSSEX, RH6 0PA 01053714 2017-12-31 112,781,295 0 51210-Freight air transport
AIR CHARTER SERVICE LIMITED MILLBANK HOUSE, 171-185, EWELL ROAD, SURBITON, SURREY, KT6 6AP 02525806 2018-01-31 112,120,000 1,221,000 51210-Freight air transport
TITAN AIRWAYS LIMITED ENTERPRISE HOUSE BASSINGBOURN ROAD, STANSTED AIRPORT, STANSTED, ESSEX, CM24 1RN 02212225 2018-03-31 98,855,508 3,403,490 51210-Freight air transport
BRISTOW HELICOPTERS (INTERNATIONAL) LIMITED REDHILL AERODOME, KINGS MILL LANE, REDHILL, SURREY, RH1 5JZ 00604403 2018-03-31 90,150,331 -8,926,011
IMAGINE TRANSPORT LIMITED 2ND FLOOR NUCLEUS HOUSE, 2 LOWER MORTLAKE ROAD, RICHMOND, UNITED KINGDOM, TW9 2JA 09613466 2018-03-31 58,611,377 0
SIGNATURE FLIGHT SUPPORT LONDON LUTON LIMITED TERMINAL 1 PERCIVAL WAY, LONDON LUTON AIRPORT, LUTON, BEDFORDSHIRE, UNITED KINGDOM, LU2 9PA 02288275 2017-12-31 47,879,146 9,753,540
BABCOCK MISSION CRITICAL SERVICES ONSHORE LIMITED 33 WIGMORE STREET, LONDON, ENGLAND, W1U 1QX 03776034 2018-03-31 37,099,000 -3,026,000
BALKAN HOLIDAYS AVIATION LIMITED 19 CONDUIT STREET, LONDON, ENGLAND, W1S 2BH 05867241 2018-10-31 28,614,129 0
CHOBHAM HELICOPTERS LIMITED FIRST FLOOR 25 CHERTSEY ROAD, CHOBHAM, WOKING, ENGLAND, GU24 8PD 07270234 2018-06-30 637,976 0
WETHERBY MINIBUS & PRIVATE HIRE LTD DALE HOUSE 64 FINK HILL, HORSFORTH, LEEDS, ENGLAND, LS18 4DH 10738826 2018-04-30 123,962 0
AIR VEHICLE SYSTEMS LIMITED 25 ST. HUGHS ROAD, BUCKDEN, ST. NEOTS, CAMBS, PE19 5UB 05531774 2018-12-31 108,720 0
CITATION PILOT SERVICES LIMITED DUKES COURT 4, BOGNOR ROAD, CHICHESTER, PO19 8FX 09150247 2016-07-31 87,865 0
AJSB AVIATION LTD 14 MEADOW CLOSE, MILFORD, GODALMING, ENGLAND, GU8 5HN 09395161 2019-01-31 72,000 0 78300-Human resources provision and management of human resources functions
85590-Other education not elsewhere classified
TORQUIL AVIATION LIMITED FIRST FLOOR 25 CHERTSEY ROAD, CHOBHAM, WOKING, ENGLAND, GU24 8PD 06251038 2018-05-31 68,419 0
CORPORATE AERO MECH LIMITED 40 MILTON ROAD, CHESHAM, BUCKINGHAMSHIRE, HP5 2ER 08371766 2018-01-31 53,574 0
CORPAVIA LIMITED PALFREYS, 51 ORCHARD ROAD, SEER GREEN, BUCKINGHAMSHIRE, HP9 2XH 03326056 2018-02-28 50,903 0 62090-Other information technology service activities
CBM ASSOCIATES CONSULTING LIMITED 49A SATURDAY MARKET, BEVERLEY, ENGLAND, HU17 8AA 05571183 2017-08-31 42,427 0 71122-Engineering related scientific and technical consulting activities
BOSS MAINTENANCE LTD 2 THE PRECINCT, PORTHCAWL, MID GLAMORGAN, WALES, CF36 3RF 10185934 2019-04-30 41,027 0
HFD AIRWORTHINESS SERVICES LTD 15 CHATSWORTH ROAD, HIGH LANE, STOCKPORT, CHESHIRE, SK6 8DA 08591792 2018-09-30 40,979 0
STEVENS AVIATION LIMITED 49 PITTS LANE, EARLEY, READING, RG6 1BX 08787310 2018-11-30 35,425 0
FLYTECH AVIATION LIMITED 2 BEECH ROAD, LUTON, LU1 1DP 07859633 2018-11-30 31,828 0
EXQUISITE AIR CHARTER LIMITED C/O TAXASSIST ACCOUNTANTS, 298 HIGH STREET, DORKING, SURREY, RH4 1QX 06923646 2018-05-31 27,203 0
FINEST HOUR WARBIRDS LIMITED STABLE HIGH, DUNS TEW, BICESTER, ENGLAND, OX25 6JS 08904427 2018-02-28 26,934 0
IMA HANDLING LTD 128 CITY ROAD, LONDON, ENGLAND, EC1V 2NX 08455099 2019-05-04 22,457 0
CRUISE CARS LTD 14 BRIDGE CROFT, BALSALL HEATH, BIRMINGHAM, WEST MIDLANDS, B12 9EF 09119945 2019-03-31 19,011 0
AEROPLANE LIMITED BRIDEWELL HOUSE, BRIDEWELL LANE, TENTERDEN, KENT, TN30 6FA 05243071 2018-09-30 18,396 0
GCSBD GROUP LIMITED TWO HOOTS LITTLE BROCKTON, WORTHEN, SHREWSBURY, SHROPSHIRE, UNITED KINGDOM, SY5 9JE 10637021 2019-02-28 18,312 0
GB AIRWAYS LIMITED 27 OLD GLOUCESTER STREET, LONDON, ENGLAND, WC1N 3AX 09216399 2018-09-30 17,315 0 70229-Management consultancy activities other than financial management
AVIONS AEROBATIC LIMITED 66 HIGH STREET, TETSWORTH, THAME, ENGLAND, OX9 7AB 04158634 2019-02-28 17,174 0
WHIRLYBIRD LTD 1 WOOD LANE, BINFIELD, BERKSHIRE, RG42 4EX 08602654 2018-07-31 13,512 0
S J AVIATION LIMITED 3 COASTGUARD COTTAGES, LANGSTONE, HAVANT, HAMPSHIRE, PO9 1RG 07559284 2018-03-31 9,240 0
FLY LLANBEDR LIMITED 49 LIVERPOOL ROAD NORTH, BURSCOUGH, ORMSKIRK, ENGLAND, L40 0SA 08866828 2018-01-31 7,487 0 74909-Other professional, scientific and technical activities not elsewhere classified
85590-Other education not elsewhere classified
ZULU AIR LIMITED 5 PERCY STREET PERCY STREET, SUITE 1, LONDON, ENGLAND, W1T 1DG 08495563 2019-04-30 3,136 0
CRYSTAL JET LIMITED 21 KIRBY ROAD, GRETTON, NORTHANTS, UNITED KINGDOM, NN17 3DB 10527379 2018-12-31 1,234 0
N. G. AVIATION LIMITED 54 WHEATHAMPSTEAD ROAD, HARPENDEN, HERTFORDSHIRE, AL5 1ND 03084101 2018-03-31 924 0
IDS AIRCRAFT LIMITED THE OLD RECTORY, CHURCH ROAD, EVERSLEY, HOOK, HAMPSHIRE, RG27 0PX 00931602 2018-09-30 412 0
JABCOM AVIATION LIMITED HOLMWOOD IPSWICH ROAD, LONG STRATTON, NORWICH, NORFOLK, ENGLAND, NR15 2XB 09251773 2018-10-31 0 0
MR AVIATION LIMITED 58 LONDON ROAD, BOZEAT, WELLINGBOROUGH, ENGLAND, NN29 7LZ 08584102 2018-06-30 0 0 51210-Freight air transport
ROMEO WHISKEY LIMITED THE OLD RECTORY, LITTLE CRESSINGHAM, THETFORD, NORFOLK, IP25 6NE 02884618 2018-12-31 0 0
SH HELICOPTERS LIMITED 2 CORUNNA PLACE, BRIDGE OF DON, ABERDEEN, SCOTLAND, AB23 8DA SC564671 2019-01-01 0 0 51210-Freight air transport
THE LONDON AEROBATIC COMPANY LIMITED STABLE HIGH, DUNS TEW, BICESTER, DUNS TEW, BICESTER, ENGLAND, OX25 6JS 04158165 2018-02-28 0 0
TRANS AIRCRAFT MAINTENANCE LTD 5 FIRBANK COURT, CHILWELL, NOTTINGHAM, NOTTINGHAMSHIRE, NG9 5NB 05872848 2017-07-31 0 0
TROPICBIRD AVIATION LIMITED 1 PRIORY OAKS, 54 PARK LANE EAST, REIGATE, SURREY, ENGLAND, RH2 8HR 03550444 2018-12-31 0 0 70229-Management consultancy activities other than financial management
BABCOCK MISSION CRITICAL SERVICES LTD 33 WIGMORE STREET, LONDON, W1U 1QX 08010453 0000-00-00 0 0 96090-Other service activities not elsewhere classified
BRISTOW AVIATION HOLDINGS LIMITED REDHILL AERODROME, KINGS MILL LANE, REDHILL, RH1 5JZ 03234500 0000-00-00 0 0
BRISTOW HELICOPTER GROUP LIMITED REDHILL AERODROME, REDHILL, SURREY, RH1 5JZ 02641653 0000-00-00 0 0
IMPIGRA AVIATION HOLDINGS LIMITED REDHILL AERODROME, KINGS MILL LANE, REDHILL, UNITED KINGDOM, RH1 5JZ 12191979 0000-00-00 0 0
UNITED HELICOPTERS LIMITED REDHILL AERODROME, KINGS MILL LANE, REDHILL, SURREY, RH1 5JZ 00552382 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
TITAN AIRWAYS LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 0.3% 3.0% 4.9% Medium
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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