CORNWALL AIRPORT LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-27 (in 9mo)
Last made up 2026-02-13
Watchouts
None on the register
Cash
£1M
-50.5% vs 2024
Net assets
£898K
-16.8% vs 2024
Employees
222
+9.9% vs 2024
Profit before tax
-£182K
-104.2% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £10,518,834 | £10,561,767 | |
| Operating profit | £4,305,127 | -£185,856 | |
| Profit before tax | £4,312,234 | -£181,995 | |
| Net profit | £4,312,234 | -£181,995 | |
| Cash | £2,644,298 | £1,309,106 | |
| Total assets less current liabilities | £1,080,232 | £898,238 | |
| Net assets | £1,080,232 | £898,238 | |
| Equity | £1,080,232 | £898,238 | |
| Average employees | 202 | 222 | |
| Wages | £5,938,308 | £6,712,734 | |
| Directors' remuneration | £135,917 | £134,776 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+0.4%
£10,518,834 £10,561,767
-
Cash
-50.5%
£2,644,298 £1,309,106
-
Net assets
-16.8%
£1,080,232 £898,238
-
Employees
+9.9%
202 222
-
Operating profit
-104.3%
£4,305,127 -£185,856
-
Profit before tax
-104.2%
£4,312,234 -£181,995
-
Wages
+13%
£5,938,308 £6,712,734
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 40.9% | -1.8% | |
| Net margin | 41.0% | -1.7% | |
| Return on capital employed | 398.5% | -20.7% | |
| Current ratio | 1.17x | 1.25x | |
| Interest cover | 717521.17x | -1720.89x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Westcotts (SW) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Cornwall Council have provided a letter of support confirming financial support will be provided as required for a period up to 31 March 2027. The Directors of Cornwall Airport have prepared the financial statements on the going concern basis.”
Significant events
- “During the financial year to 31 March 2025 a total of 400,311 commercial passengers were handled by the airport. This is a slight decrease on the previous year due to some reductions to winter flying on LGW, DUB and FAO.”
- “Work has continued in year on developing the operating model for Spaceport Cornwall following the integration into CAL and defining the commercial framework.”
- “The non-recurring gains recognised in the year comprise the write off of intercompany loans payable to Corsery Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EDMOND, Philip Neil | Director | 2025-01-20 | Jul 1967 | British |
| GREGORY, Julia Mary | Director | 2023-10-04 | Aug 1967 | British |
| SMITH, Amy Jane | Director | 2025-04-01 | Dec 1978 | British |
| WARD, Janice Elizabeth | Director | 2024-11-01 | Sep 1957 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLEN, Andrew Greenwood | Secretary | 2007-03-14 | 2010-06-17 |
| BEVEN, Raymond Louis | Secretary | 2007-02-13 | 2007-03-14 |
| KINNAIR, David Edwin Graham | Secretary | 2020-03-24 | 2022-06-30 |
| MARSHALL, Keith | Secretary | 2010-06-17 | 2017-06-02 |
| ZMUDA, Richard Cyril | Secretary | 2017-06-20 | 2021-12-31 |
| ANDREW, Peter Robert | Director | 2020-10-26 | 2024-03-18 |
| ASHBY, Simon | Director | 2024-03-18 | 2025-02-24 |
| ASHWORTH, William James Mcinnes | Director | 2014-07-24 | 2020-10-26 |
| BOND, Graham Wilfred | Director | 2007-04-27 | 2009-04-27 |
| COOPER, Paul | Director | 2024-06-27 | 2025-02-24 |
| CURRIE, James Hill | Director | 2009-09-24 | 2013-11-22 |
| DENNIS, Colin Harold | Director | 2017-01-05 | 2018-10-12 |
| DOWNES, Peter William | Director | 2020-06-01 | 2021-09-30 |
| FISH, Richard James | Director | 2007-03-15 | 2008-12-31 |
| FITTER, Godfrey John | Director | 2009-10-08 | 2021-05-09 |
| JACQUES, Joseph Francis | Director | 2007-03-15 | 2009-04-27 |
| JARVIS, Colin | Director | 2009-04-27 | 2010-12-16 |
| JARVIS, Colin | Director | 2009-01-12 | 2009-03-01 |
| JEANS, Tim Andrew | Director | 2014-04-24 | 2023-10-03 |
| JONES, Mark Alexander | Director | 2007-04-19 | 2007-10-31 |
| MARSHALL, Keith | Director | 2010-06-20 | 2017-06-02 |
| MEDWETH, Karen | Director | 2009-03-31 | 2009-10-29 |
| O'DWYER, Samantha May | Director | 2022-01-01 | 2025-04-01 |
| ORMSHAW, Andrew Peter | Director | 2021-10-07 | 2022-01-01 |
| ORMSHAW, Andrew Peter | Director | 2020-03-24 | 2020-09-24 |
| PATTISON, David Muir | Director | 2008-02-06 | 2009-03-01 |
| PEARS, Charmion Lee | Director | 2016-06-22 | 2019-12-31 |
| PRESTON, Bryan David | Director | 2007-03-15 | 2009-10-15 |
| ROBINSON, Catherine Jane | Director | 2021-05-09 | 2024-07-01 |
| ROWE, Jeremy Charles | Director | 2007-05-17 | 2009-10-15 |
| SKIPP, Andrew Mckenzie | Director | 2009-06-01 | 2014-04-24 |
| THOMASSON, Richard | Director | 2020-02-07 | 2020-06-01 |
| THOMASSON, Richard | Director | 2007-04-23 | 2014-08-03 |
| TITTERINGTON, Alan David | Director | 2007-02-13 | 2020-02-07 |
| TWYNING, Frank Philip | Director | 2009-03-03 | 2009-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Corserv Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, significant-influence-or-control-as-firm | 2016-09-21 | Active |
Filing timeline
Last 20 of 132 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-01 | AA | accounts | Accounts with accounts type full | |
| 2025-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-10 | AA | accounts | Accounts with accounts type full | |
| 2024-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-23 | CH01 | officers | Change person director company with change date | |
| 2024-03-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-18 | AA | accounts | Accounts with accounts type full | |
| 2023-02-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.