NIAL GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-20 (in 5mo)
Last made up 2025-10-06
Watchouts
None on the register
Cash
£8M
-25.6% vs 2023
Net assets
-£105M
+14.8% vs 2023
Employees
593
+23.5% vs 2023
Profit before tax
£11M
+2.6% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £79,064,000 | £89,491,000 | |
| Operating profit | £33,921,000 | £38,460,000 | |
| Profit before tax | £10,245,000 | £10,515,000 | |
| Net profit | £6,104,000 | £5,685,000 | |
| Cash | £10,744,000 | £7,992,000 | |
| Total assets less current liabilities | £315,504,000 | £338,369,000 | |
| Net assets | -£122,930,000 | -£104,745,000 | |
| Equity | -£122,930,000 | -£104,745,000 | |
| Average employees | 480 | 593 | |
| Wages | £16,284,000 | £20,218,000 | |
| Directors' remuneration | £1,655,000 | £1,574,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+13.2%
£79,064,000 £89,491,000
-
Cash
-25.6%
£10,744,000 £7,992,000
-
Net assets
+14.8%
-£122,930,000 -£104,745,000
-
Employees
+23.5%
480 593
-
Operating profit
+13.4%
£33,921,000 £38,460,000
-
Profit before tax
+2.6%
£10,245,000 £10,515,000
-
Wages
+24.2%
£16,284,000 £20,218,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 42.9% | 43.0% | |
| Net margin | 7.7% | 6.4% | |
| Return on capital employed | 10.8% | 11.4% | |
| Gearing (liabilities / total assets) | 135.9% | 128.9% | |
| Current ratio | 0.78x | 0.79x | |
| Interest cover | 1.38x | 1.34x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the group has adequate resources to continue operating for the foreseeable future. The group has prepared a severe but plausible downside financial forecast. Under this scenario and looking forward to 12 months from the date of signing these financial statements, there continues to be sufficient liquidity in the business and covenants are passed during the going concern assessment period.”
Group structure
- NIAL GROUP LIMITED · parent
- NIAL Investments Limited 100%
- NIAL Holdings Limited 100%
- NIAL Finance Limited 100%
- Newcastle International Airport Limited 100%
- Samson Aviation Services Limited 100%
- NIAL Services Limited 100%
- Newcastle Park & Fly Limited 100%
Significant events
- “Passenger traffic grew significantly in 2024 due to a fifth based aircraft with TUI and growth in the Scheduled segment, reaching 5.21m passengers (7% increase over prior year).”
- “The Airport won the overall Best Airport in the World award at Routes World, Star UK Airport at the Star Bulletin Awards, and UK & Ireland Airport of the year at the Travel Industry Awards by ttg.”
- “Excellent progress continued towards Net Zero 2035 target, achieving three of four sustainability KPI targets for 2024 (emissions reduction, Airport Carbon Accreditation progression and GRESB score) though biodiversity net gain metric was not met.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUNT, Mark Allan | Secretary | 2017-10-02 | — | — |
| ANDREASEN, Alice Heloise | Director | 2024-05-30 | Jan 1981 | British |
| DIXON, Tracey | Director | 2021-01-28 | Sep 1965 | British |
| HUNT, Mark Allan | Director | 2017-10-02 | Jun 1977 | English |
| JONES, Nicholas Vaughan | Director | 2015-06-15 | Nov 1973 | British |
| KILGOUR, Karen Louise | Director | 2024-12-04 | Oct 1968 | British |
| KNIGHT, Richard Andrew | Director | 2016-04-28 | Sep 1967 | British |
| MORDEY, Dale Michael | Director | 2024-07-30 | Apr 1986 | British |
| REES, David Rocyn | Director | 2012-11-16 | Apr 1959 | British |
| SYMONDS, Justin Paul | Director | 2024-03-25 | Jan 1967 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FISHER, Andrew Simon David | Secretary | 2006-10-06 | 2015-05-27 |
| JONES, Nicholas Vaughan | Secretary | 2015-06-15 | 2017-10-02 |
| BINGER, Kjeld | Director | 2006-10-12 | 2007-01-15 |
| BOSERUP, Niels | Director | 2006-10-12 | 2007-04-25 |
| BROOKS, William | Director | 2006-10-12 | 2008-06-25 |
| CHRISTIANSEN, Rasmus | Director | 2006-10-12 | 2012-11-16 |
| FERGUSON, Graeme Peter | Director | 2020-11-26 | 2025-09-11 |
| FISHER, Andrew Simon David | Director | 2007-03-22 | 2015-05-27 |
| FORBES, Nicholas Iain | Director | 2017-11-23 | 2022-05-26 |
| FORTIN, Olivier Georges Xavier | Director | 2013-02-05 | 2014-06-25 |
| FRIIS, Lars Naesby | Director | 2006-10-12 | 2006-12-11 |
| GEERE, Simon Boyd | Director | 2009-01-22 | 2012-11-16 |
| HENIG, Simon Antony, Councillor | Director | 2008-06-25 | 2021-05-27 |
| KEMP, Nicholas Charles | Director | 2022-09-29 | 2024-10-10 |
| LAWS, David | Director | 2007-01-24 | 2016-04-30 |
| MALCOLM, Iain | Director | 2006-10-12 | 2020-11-26 |
| MASON, Graeme Mark | Director | 2022-01-27 | 2024-05-30 |
| MILLER, Graeme Ferguson | Director | 2021-07-29 | 2024-05-30 |
| MOLE, Peter James | Director | 2008-06-25 | 2012-11-16 |
| NUGENT, Albert | Director | 2007-02-27 | 2008-06-25 |
| PARKIN, John | Director | 2006-10-06 | 2007-04-10 |
| PETRIE, Adam James | Director | 2022-01-27 | 2022-05-26 |
| RADCLIFFE, Rosemary Anne | Director | 2006-10-12 | 2007-09-16 |
| REES, Hywel Gwyn | Director | 2015-03-06 | 2019-07-25 |
| STENT, John Julian | Director | 2012-11-16 | 2022-01-27 |
| STENT, John Julian | Director | 2007-02-27 | 2009-01-22 |
| SYMONDS, Robert | Director | 2006-10-26 | 2008-06-25 |
| WATSON, Paul, Councillor | Director | 2008-06-25 | 2017-11-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Site Uk Spv Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Newcastle Airport Local Authority Holding Company Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 160 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-12 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-22 | AA | accounts | Accounts with accounts type group | |
| 2025-09-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-25 | AA | accounts | Accounts with accounts type group | |
| 2024-08-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-13 | AA | accounts | Accounts with accounts type group | |
| 2022-10-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-30 | AA | accounts | Accounts with accounts type group | |
| 2022-06-08 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-07 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- 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.