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| BRITISH
AIRWAYS PLC |
 |  | Overview Report |
| | | | | Previous Name
: |
None
| | Registered Number: | 01777777 | | Incorporation Date: | 13/12/1983 | | Registered Office: | WATERSIDE
PO BOX 365
HARMONDSWORTH
WEST DRAYTON
UB7 0GB | | Latest Filed Accounts: | 31/03/2005 | | Date Accounts Lodged: | 24/08/2005 | | Analysed Accounts: | 31/03/2006 | | Accounts Ref. Date: | 31/03 | | Latest Annual Return: | 31/07/2005 | |
Issued Capital:
GBP
| 282,720,601 | | Company Status: | Quoted
Public limited with share capital
English/Welsh companies incorporated under part 1 of the Companies Act
| | Type of Accounts: | Group |
| |
| | | | Trading Address: | PO Box 365
Harmondsworth
West Drayton
Middlesex
UB7 0GB | | Telephone Number: | 01950 460345 | | Fax Number: | - | | Region: | HOME COUNTIES AND OUTER LONDON | | Bankers: | NATIONWIDE | | Auditors: | Ernst & Young LLP | | Principal Activities: | A
group engaged in the operation of international & domestic
scheduled & charter air services for carriage of passengers,freight
and mail and the provision of ancilliary services. | | UK SIC Code(s): | | 62101 | Scheduled passenger air transport |
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Risk Score
| | 31/03/2006 | 90 |
Credit Limit (GBP):
| 200,000,000 | | 31/03/2005 | 87 |
Contract Limit (GBP):
| 500,000,000 | | 31/03/2004 | 63 | | 31/03/2003 | 87 |
| | Important Headlines | | The period to 31/03/2006 saw a significant increase in Sales from £7,772,000,000 to £8,515,000,000. | | Pre-Tax Profits increased from £513,000,000 to £620,000,000. | | The resultant Profit Margin of 7.28% (previous = 6.60%) compares favourably with the industry average of 1.64%. | | The company is performing better than at least 75% of the companies in this sector. | | Shareholders
Funds increased from £1,185,000,000 to £1,861,000,000, whilst Total
Assets increased from £11,671,000,000 to £12,174,000,000. | | The resultant Gearing Ratio of 0.15 (Previous = 0.10) compares unfavourably with the industry average of 0.21. | | This
company operates in a sector which has historically generated a higher
level of insolvency relative to the total population. | | CCJ information has been linked to this company - please see the list. |
| |
County Court Judgments Summary:
|
Number of exact unsatisfied CCJs:
1
Totalling: GBP2466.00
Number of probable unsatisfied CCJs:
None
Number of possible unsatisfied CCJs:
None
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GROUP STRUCTURE
| |
Holding Company:
| None | |
Ultimate Holding Company:
| None |
|
| |
| | | | Date of Accounts | 31/03/2006 | 31/03/2005 | 31/03/2004 | 2 | |
Consolidated
| Y | Y | Y |
Year
| |
Subsidiary
| N | N | N |
Growth
| |
No. of Weeks
| 52 | 52 | 52 |
Rate
| |
Currency
|
(GBP '000)
|
(GBP '000)
|
(GBP '000) |
%
| |
Audit Qual./Comment
| No
No
| No
No
| No
No
|
Rate
| | | Profit and Loss | | Turnover | 8,515,000 | 7,772,000 | 7,560,000 | 13 | | Cost of Sales | - | - | 7,008,000 | - | | Pre-Tax Profit | 620,000 | 513,000 | 230,000 | 170 | | Directors Remuneration | 5,042 | 2,479 | 1,828 | 176 | | Employees Remuneration | 1,558,000 | 1,518,000 | 1,463,000 | 6 | | Number of Employees (actual) | 49,957 | 50,326 | 51,939 | -4 | | | Balance Sheet | | Total Fixed Assets | 8,505,000 | 8,914,000 | 9,336,000 | -9 | | Total Current Assets | 3,669,000 | 2,757,000 | 2,765,000 | 33 | | Total Assets | 12,174,000 | 11,671,000 | 12,101,000 | 1 | | Total Current Liabilities | 3,432,000 | 3,269,000 | 2,996,000 | 15 | | Total Assets less Current Liabilities | 8,742,000 | 8,402,000 | 9,105,000 | - | | Shareholders Funds | 1,861,000 | 1,185,000 | 2,187,000 | -15 | | Total Long-Term Liabilities | 6,881,000 | 7,217,000 | 6,918,000 | - | | Capital Employed | 8,742,000 | 8,402,000 | 9,105,000 | -4 |
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Company Secretaries
| | ALAN KERR BUCHANAN |
| | |
Directors
| | MARTIN FAULKNER BROUGHTON | | MARTIN PETER READ | | DENISE PATRICIA BYRNE KINGSMILL | | ALISON CLARE REED | | ELIZABETH CONWAY SYMONS | | KENNETH PETER ROSS SMART | | KEITH WILLIAMS | | MARTIN PETER GEORGE | | MAARTEN ALBERT VAN DEN BERGH | | WILLIAM MATTHEW WALSH | | CHUMPOL NA LAMLIENG |
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| | | | This comparison is based on the results of 62 companies in the same industrial sector: 62101 Scheduled passenger air transport | | | Company | Industry Averages | | 31/03/2006 |
Lower
|
Median
|
Upper
| | | Profit/Sales (%) | 7.28 | 0.05 | 1.64 | 4.15 | | Profit/Capital Employed (%) | 7.09 | 0.98 | 3.92 | 11.23 | | Profit/Total Assets (%) | 5.09 | 0.07 | 1.86 | 4.35 | | Sales/Total Assets (%) | 69.94 | 62.47 | 99.15 | 192.45 | | Credit Period (days) | 29.36 | 32.88 | 22.61 | 12.03 | | Current Ratio | 1.07 | 0.62 | 0.89 | 1.03 | | Average Employee Remuneration
(£)
| 31,187 | 23,644 | 25,826 | 33,532 | | Wages/Sales (%) | 18.30 | 19.59 | 14.35 | 11.64 | | Sales per Employee
(£)
| 170,447 | 145,555 | 184,577 | 262,738 | | |
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| Report
Generated: Date and Time Stamp |
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