NATS (EN ROUTE) PUBLIC LIMITED COMPANY
Operating as a subsidiary of NATS Holdings, the company is the sole regulated provider of civilian en-route air traffic control services across the United Kingdom.
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Cash
£91m
Latest balance sheet
Net assets
£774m
Equity attributable
Employees
3,378
Average over period
Profit before tax
£397m
Period ending 2024-03-31
Net assets
1-year trend · vs Consumer Discretionary median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £1,029,500,000 | — | |
| Operating profit | £381,600,000 | — | |
| Profit before tax | £397,000,000 | — | |
| Net profit | £299,800,000 | — | |
| Cash | £91,100,000 | — | |
| Total assets less current liabilities | £2,112,300,000 | — | |
| Net assets | £773,800,000 | — | |
| Equity | £773,800,000 | — | |
| Average employees | 3,378 | — | |
| Wages | £296,500,000 | — | |
| Directors' remuneration | £2,093,000 | — | |
| Highest paid director | £1,165,000 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 |
|---|---|---|
| Operating margin | 37.1% | |
| Net margin | 29.1% | |
| Return on capital employed | 18.1% | |
| Gearing (liabilities / total assets) | 65.4% | |
| Current ratio | 3.25x | |
| Interest cover | 15.02x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- NATS (EN ROUTE) PUBLIC LIMITED COMPANY 2003-06-30 → present
- NATS (EN ROUTE) LIMITED 2001-02-01 → 2003-06-30
- 3216TH SINGLE MEMBER SHELF TRADING COMPANY LIMITED 2000-12-21 → 2001-02-01
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period until 30 June 2027.”
Significant events
- “The total expenditure on the delivery of our operational services was materially impacted once in the year by a radar-related technical incident in July 2025 which required us to regulate the flow of air traffic temporarily while the issue was investigated and resolved.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
14 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHURCHILL-COLEMAN, Richard Paul | Secretary | 2008-04-01 | — | British |
| BAGWELL, Gregory Jack | Director | 2022-10-01 | Oct 1961 | British |
| BAKER, Ross Findlay Scott | Director | 2023-11-30 | Jun 1974 | British |
| BUSH, Harry John | Director | 2016-04-01 | Aug 1953 | British |
| CAMPBELL, Michael | Director | 2017-05-26 | Aug 1957 | British |
| DA CUNHA, Maria Juana | Director | 2025-08-01 | Jan 1963 | British |
| DELLACHA, Maria Georgina | Director | 2026-03-26 | Jan 1975 | British |
| EAST, David Warren Arthur | Director | 2024-09-01 | Oct 1961 | British |
| FRANKLIN, Gary Adam | Director | 2026-01-01 | Oct 1981 | British |
| MERCHANT, Gavin Bruce | Director | 2016-04-01 | Oct 1969 | British |
| PRUDON, Albertus Antonius Maria | Director | 2023-03-30 | Jul 1975 | Dutch |
| ROLFE, Martin John | Director | 2012-03-02 | Aug 1972 | British |
| SMITH, David Miles | Director | 2022-10-01 | Mar 1961 | British |
| STREET, Louise Anne | Director | 2018-11-29 | Sep 1974 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PICTON, Andrew Julian Howard | Secretary | 2001-02-01 | 2015-07-01 |
| SISEC LIMITED | Corporate Nominee Secretary | 2000-12-21 | 2001-02-01 |
| ANTONIOU, Maria | Director | 2016-08-01 | 2025-07-31 |
| BARKER, Andrew John Frederick | Director | 2016-09-28 | 2017-09-29 |
| BARRON, Paul Stuart | Director | 2004-06-18 | 2010-03-31 |
| BERNSTEIN, Daniel Lipman | Director | 2001-10-30 | 2007-12-31 |
| BORTHWICK, Alistair John | Director | 2019-10-03 | 2025-12-31 |
| CHISHOLM, Colin Denis King | Director | 2001-02-01 | 2005-04-01 |
| DEAKIN, Richard Simon | Director | 2010-04-01 | 2015-05-18 |
| DEAN OF THORNTON LE FYLDE, Brenda, Rt. Hon Baroness Dean Of Tiior | Director | 2016-04-01 | 2016-07-28 |
| DEVANEY, John Francis | Director | 2005-07-01 | 2014-08-31 |
| EVERITT, Richard Leslie | Director | 2001-07-26 | 2004-06-18 |
| FACEY, William Edward Brinton | Director | 2016-04-01 | 2017-06-30 |
| FOTHERBY, Nigel Terence Chell | Director | 2001-07-26 | 2019-06-30 |
| GIBSON SMITH, Christopher Shaw, Dr | Director | 2001-09-01 | 2005-08-31 |
| GOLBY, Paul, Dr | Director | 2016-04-01 | 2024-08-31 |
| HALL, Ian Robert | Director | 2006-02-23 | 2011-03-24 |
| HOPE, Christopher | Director | 2017-07-27 | 2018-10-04 |
| HOSKINS, Lawrence Anthony | Director | 2006-02-23 | 2008-10-01 |
| HUMPHREYS, Barry Keith | Director | 2004-07-20 | 2008-11-27 |
| KEYS, Richard John | Director | 2016-04-01 | 2022-09-30 |
| LEAHY, Kathryn Maria | Director | 2018-05-31 | 2023-06-04 |
| LORD, Andrew Peter Stanton | Director | 2016-04-01 | 2016-09-28 |
| MAIZEY, Drusilla | Director | 2001-07-26 | 2002-09-24 |
| MCCONNELLOGUE, Hugh | Director | 2018-10-04 | 2022-12-23 |
| MCNICOLL, Iain Walter | Director | 2016-04-01 | 2022-09-30 |
| MILLS, Ian Philip | Director | 2008-02-28 | 2011-09-22 |
| PALMER, Robert | Director | 2001-09-26 | 2001-11-26 |
| PROVAN, Derek | Director | 2016-04-01 | 2018-02-28 |
| READ, Peter Brian Emms | Director | 2016-04-01 | 2017-05-25 |
| STEVENS, Derek Maurice | Director | 2004-02-24 | 2008-09-30 |
| TURNER, Nigel Owen | Director | 2001-07-26 | 2003-12-10 |
| TYLER, Anthony Nigel | Director | 2016-04-01 | 2016-07-28 |
| LOVITING LIMITED | Corporate Nominee Director | 2000-12-21 | 2001-02-01 |
| SERJEANTS' INN NOMINEES LIMITED | Corporate Nominee Director | 2000-12-21 | 2001-02-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nats Limited | Corporate entity | Shares 75–100% | 2017-02-01 | Active |
Filing timeline
Last 20 of 365 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-13 | AA | accounts | Accounts with accounts type full | |
| 2026-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-18 | AA | accounts | Accounts with accounts type full | |
| 2025-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-31 | AA | accounts | Accounts with accounts type full | |
| 2024-08-23 | AUD | auditors | Auditors resignation company | |
| 2024-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-04 | AA | accounts | Accounts with accounts type full | |
| 2023-06-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-24 | RP04AP01 | officers | Second filing of director appointment with name |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.