INTERNATIONAL AIRPORT BIDCO LIMITED
Get an alert when INTERNATIONAL AIRPORT BIDCO LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£17m
-31.4% vs 2025
Net assets
£36m
-17.4% vs 2025
Employees
547
+5.4% vs 2025
Profit before tax
-£6.1m
-129.2% vs 2025
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £60,437,000 | £61,803,000 | +2.3% | |
| Operating profit | £7,013,000 | £4,710,000 | -32.8% | |
| Profit before tax | -£2,671,000 | -£6,122,000 | -129.2% | |
| Net profit | -£2,421,000 | -£5,893,000 | -143.4% | |
| Cash | £24,268,000 | £16,654,000 | -31.4% | |
| Total assets less current liabilities | £114,872,000 | £231,509,000 | +101.5% | |
| Net assets | £43,845,000 | £36,205,000 | -17.4% | |
| Equity | £43,845,000 | £36,205,000 | -17.4% | |
| Average employees | 519 | 547 | +5.4% | |
| Wages | £20,329,000 | £22,283,000 | +9.6% | |
| Directors' remuneration | £1,221,000 | £1,105,000 | -9.5% | |
| Highest paid director | £552,000 | £502,000 | -9.1% |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2025-03-31 | 2026-03-31 |
|---|---|---|---|
| Operating margin | 11.6% | 7.6% | |
| Net margin | -4.0% | -9.5% | |
| Return on capital employed | 6.1% | 2.0% | |
| Gearing (liabilities / total assets) | 85.2% | — | |
| Current ratio | 0.19x | 3.07x | |
| Interest cover | 0.61x | 0.37x |
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 1 time since incorporation
- INTERNATIONAL AIRPORT BIDCO LIMITED 2017-09-26 → present
- RUBY FERRIES (INTERMEDIATE) LIMITED 2017-06-21 → 2017-09-26
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As a result, having considered all of the information available to them the Directors have concluded that it is appropriate to prepare the statutory accounts on a going concern basis.”
Group structure
- INTERNATIONAL AIRPORT BIDCO LIMITED · parent
- LBIA Holding Limited 100%
- Leeds Bradford Airport Limited 100%
- LBA Midco 1 Limited 100%
- LBA Midco 2 Limited 100%
- LBA Services Ltd 100%
Significant events
- “A change of control event occurred post year end... A change of control event triggers repayment of the Group's senior and junior debt facilities.”
- “The Group's junior debt facilities were fully repaid on 15 May 2026 and replaced with a new interest free shareholder loan repayable May 2031”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WHARFE, Kunaal James | Secretary | 2023-03-23 | — | — |
| EID, Karim | Director | 2023-12-07 | Aug 1989 | Canadian |
| HODDER, Vincent John | Director | 2021-02-01 | Jan 1971 | Australian |
| LANDINEZ GONZALEZ-VALCARCEL, Maria Belen | Director | 2026-05-20 | Oct 1970 | Spanish |
| MARABINI RUIZ, Rodrigo | Director | 2026-05-20 | Nov 1962 | Spanish |
| RAMIREZ GARCIA, Roberto Angel | Director | 2026-05-20 | Aug 1975 | Spanish |
| ROTONDO INCLAN, Emilio Jose | Director | 2026-05-20 | Apr 1978 | Spanish |
| SYMONDS, Justin Paul | Director | 2025-09-25 | Jan 1967 | British |
| TONG, Alexander William | Director | 2021-07-01 | May 1984 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| A G SECRETARIAL LIMITED | Corporate Secretary | 2018-10-18 | 2023-03-23 |
| AGGARWAL, Manish, Mr. | Director | 2017-06-21 | 2018-02-06 |
| CLARKE, Andrew James | Director | 2019-02-22 | 2023-03-23 |
| CRAVEN, David Gerald | Director | 2020-02-24 | 2020-03-17 |
| CUNLIFFE, John Andrew | Director | 2018-05-08 | 2019-07-08 |
| FERGUSON, Graeme Peter | Director | 2019-12-02 | 2025-09-11 |
| FOX, Isabelle Elizabeth | Director | 2025-02-25 | 2025-12-31 |
| FRENCH, Paul David | Director | 2017-12-14 | 2019-08-29 |
| IVES, Damian | Director | 2020-03-01 | 2026-05-20 |
| LAWS, David | Director | 2017-12-14 | 2019-04-30 |
| MCBREEN, Niamh Ann | Director | 2017-11-08 | 2019-06-20 |
| NOYES, David Michael | Director | 2023-03-23 | 2025-09-26 |
| PETRIE, Adam James | Director | 2019-06-20 | 2022-05-06 |
| PETRIE, Adam James | Director | 2017-09-25 | 2017-11-08 |
| REES, David Rocyn | Director | 2019-06-20 | 2023-12-07 |
| REES, David Rocyn | Director | 2017-06-21 | 2017-09-25 |
| REES, Hywel Gwyn | Director | 2019-05-20 | 2021-01-31 |
| RINGER, Adam | Director | 2017-06-21 | 2017-09-25 |
| SANDERS, Christopher | Director | 2017-12-14 | 2019-04-01 |
| STANLEY, Damian Philip | Director | 2018-02-06 | 2019-06-20 |
| TRUEBA, Carlos | Director | 2026-05-07 | 2026-05-20 |
| WHITBY, Simon | Director | 2017-12-14 | 2020-02-29 |
| WILD, Joanna Rubinstein | Director | 2019-07-29 | 2020-08-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Augusta Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-01-22 | Active |
Filing timeline
Last 20 of 102 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-23 | AA | accounts | Accounts with accounts type group | |
| 2026-09-22 | CH01 | officers | Change person director company with change date | |
| 2026-09-22 | CH01 | officers | Change person director company with change date | |
| 2026-09-21 | AA01 | accounts | Change account reference date company current shortened | |
| 2026-09-16 | SH08 | capital | Capital name of class of shares | |
| 2026-08-05 | SH08 | capital | Capital name of class of shares | |
| 2026-07-13 | SH06 | capital | Capital cancellation shares | |
| 2026-07-13 | SH03 | capital | Capital return purchase own shares | |
| 2026-06-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-06-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-05-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-27 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2026-01-14 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 4
- Officers appointed
- 4
- Officers resigned
- 3
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.