International Airport Bidco Limited
Other business support service activities n.e.c. · Leeds
ActiveUnited KingdomIncorporated 2017Private Limited Company
Financial position
Accounts to 2026-03-31 · GBP · Group accounts
Net assets
£36,205,000
Cash
£16,654,000
Turnover
£61,803,000
Profit / loss
−£5,893,000
Current assets
£26,730,000
Creditors < 1 year
£87,020,000
Equity
£36,205,000
Average employees
Not available
Balance-sheet trend
GBP · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2026-03-31Group · AI-read | 2025-03-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £36,205,000 | £43,845,000 |
| Equity | £36,205,000 | £43,845,000 |
| Share capital | £9,750,000 | £9,750,000 |
| Retained earnings | −£100,931,000 | −£96,575,000 |
| Assets | ||
| Fixed assets | £291,799,000 | £260,784,000 |
| Intangible assets | £1,357,000 | £1,257,000 |
| Property, plant & equipment | £290,442,000 | £259,527,000 |
| Current assets | £26,730,000 | £35,227,000 |
| Cash at bank | £16,654,000 | £24,268,000 |
| Debtors | — | £10,647,000 |
| Stock | £333,000 | £312,000 |
| Liabilities | ||
| Creditors within one year | £87,020,000 | £181,139,000 |
| Creditors after one year | £178,651,000 | £55,501,000 |
| Provisions | £20,983,000 | £21,211,000 |
| Capital commitments | £41,032,000 | £43,673,000 |
| Net current assets | −£60,290,000 | −£145,912,000 |
| Assets less current liabilities | £231,509,000 | £114,872,000 |
| Profit & loss | ||
| Turnover | £61,803,000 | £60,437,000 |
| Cost of sales | £4,099,000 | £3,942,000 |
| Gross profit | £57,704,000 | £56,495,000 |
| Operating profit | £4,710,000 | £7,013,000 |
| Interest receivable | £1,455,000 | £4,206,000 |
| Interest payable | £12,669,000 | £11,537,000 |
| Profit before tax | −£6,122,000 | −£2,671,000 |
| Tax | −£229,000 | −£250,000 |
| Profit / loss | −£5,893,000 | −£2,421,000 |
| Cash flow | ||
| Cash from operations | £17,954,000 | £19,580,000 |
| Capital expenditure | £42,296,000 | — |
| People & pay | ||
| Directors' remuneration | £1,105,000 | £1,221,000 |
| Highest paid director | £502,000 | £552,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2026-03-31 say about themselves, read by AI from the scanned filing.
- Auditor
- BDO LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Augusta Bidco Limited
- Ultimate parent
- Augusta Holdco Limited
- Ultimate controlling party
- Aena Desarrollo Internacional S.M.E., S.A.
- Accounts
- FRS 102
- Approved
- 2026-07-09, signed by Alexander Tong
Turnover by segment (2)
- aeronautical activities: 4% higher (2026-03-31)
- commercial activities, including car parking and retail concessions: 1% lower (2026-03-31)
Borrowings (4)
- Senior Facilities (Senior Facility, Capital Expenditure Facility and Revolving Credit Facility) · £242,651,000 (000s) · SONIA plus bank margin · maturity date of 17 October 2028 · secured on first ranking security against the assets of LBA
- Junior Facility · £178,651,000 (000s) · PIK (Payment in Kind) interest was charged between 11.25% or 12.00% · maturity date of 16 October 2028; fully repaid on 15 May 2026
- Shareholder loan notes · £12m (000s) · 8.6% less margin · maturity date extended to October 2028 during the period
- New interest free shareholder loan · interest free · repayable May 2031
Share classes (2)
- 9,750,100 Ordinary shares of £0.01 each of £0.01
- 93 A Ordinary shares of £0.01 each of £0.01
Events after the year end (2)
- On 7 May 2026, InfraBridge Investors (European Infrastructure No 4) S.à r.l. sold 51% of its shares in Augusta Holdco Limited to Aena Desarrollo Internacional S.M.E., S.A.; this share sale constituted a change of control in both the Group and the Company.
- The Group’s junior debt facilities were fully repaid on 15 May 2026 and replaced with a new interest free shareholder loan.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 1 satisfied / released
Fixed · created 2023-07-17 · satisfied 2026-05-20
—
Satisfied