SWISSPORT UK HOLDING LIMITED
Operating as a subsidiary of Swissport International, the company acts as a holding entity for the group's UK-based aviation services and air freight transport operations.
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Cash
£651K
+107.3% vs 2023
Net assets
-£152M
+28% vs 2023
Employees
7,458
+14% vs 2023
Profit before tax
£27M
+681.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £342,440,000 | £407,681,000 | +19.1% | |
| Operating profit | £19,964,000 | £53,117,000 | +166.1% | |
| Profit before tax | -£4,603,000 | £26,776,000 | +681.7% | |
| Net profit | £2,133,000 | £41,396,000 | +1,840.7% | |
| Cash | £314,000 | £651,000 | +107.3% | |
| Total assets less current liabilities | -£158,390,000 | £74,182,000 | +146.8% | |
| Net assets | -£210,938,000 | -£151,777,000 | +28% | |
| Equity | — | -£151,777,000 | — | |
| Average employees | 6,541 | 7,458 | +14% | |
| Wages | £196,955,000 | £232,201,000 | +17.9% | |
| Directors' remuneration | £1,085,207 | £1,102,364 | +1.6% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 5.8% | 13.0% | |
| Net margin | 0.6% | 10.2% | |
| Return on capital employed | — | 71.6% | |
| Gearing (liabilities / total assets) | 249.3% | 166.7% | |
| Current ratio | 0.21x | 0.62x | |
| Interest cover | 0.75x | 1.84x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have concluded with reasonable expectation that the Group has adequate resources and support available to continue in operational existence for period from the issuance date of these financial statements to 30 June 2026. Thus, the Group Directors consider it appropriate to continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- SWISSPORT UK HOLDING LIMITED · parent
- Swissport GB Limited 100%
- Swissport Limited 100%
- Swissport Stansted Limited 100%
- Swissport Fuelling Limited 100%
- Swissport Fuelling Services UK Limited 100%
- Swissport Group UK Limited 100%
- Flightcare Multiservices UK Limited 100%
- Swissport Holdings Limited 100%
- Servisair Holdings BV 100%
- Servisair Denmark AS 100%
- Heathrow Cargo Handling Limited 100%
- International Airline Handling (Dublin) Limited 100%
- Smart Handling BV 100%
- Shamrock Logistics Limited 100%
- International Airway Handling (Cork) Limited 100%
- International Airway Handling (Shannon) Limited 100%
- Servisair Nominees Services Limited 100%
- Trading Spaces Limited 100%
- Swissport Cargo Services UK Limited 100%
- Swissport Pension Trustee Limited 100%
Significant events
- “On 11 March 2025, the Company completed the dissolution of its 100% owned subsidiary, Swissport Pension Trustee Limited.”
- “The war in Gaza and Iran and the Bank of England warning of a potential recession are recent events which may have an impact on operations. The Directors continue to keep both matters under review and consider their impact on the business.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COX, Karen | Director | 2023-04-21 | Jan 1974 | British |
| HARROP, Simon Martin | Director | 2022-01-11 | Nov 1981 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JL NOMINEES TWO LIMITED | Corporate Secretary | 2011-03-25 | 2017-01-13 |
| ANDRES ALVEZ, Juan Jose | Director | 2011-02-22 | 2013-08-31 |
| BERMINGHAM, David Patrick | Director | 2013-08-31 | 2014-03-05 |
| FOSTER, Philip Joseph | Director | 2014-10-01 | 2016-10-13 |
| GOMEZ-REINO LAG DE LANZOS, Alvaro | Director | 2011-05-01 | 2016-06-18 |
| GOSEKE, Christian, Dr | Director | 2016-06-18 | 2019-08-27 |
| HOLT, Jason Christopher | Director | 2019-04-01 | 2020-06-29 |
| KADDOURI, Nadia | Director | 2019-08-01 | 2022-01-11 |
| KAY, Benjamin Joseph Holme | Director | 2018-02-06 | 2020-07-17 |
| MCELROY, Liam James | Director | 2020-06-29 | 2021-08-20 |
| PRIESTLEY, Richard Paul | Director | 2011-11-19 | 2014-10-01 |
| TATLOW, Anthony Austin | Director | 2010-12-10 | 2011-04-30 |
| WATT, Thomas | Director | 2014-03-05 | 2017-06-01 |
| WINSTANLEY, Jude | Director | 2021-08-20 | 2023-04-21 |
| WIRTH, Luzius | Director | 2017-06-01 | 2019-04-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Victor Khosla | Individual | Voting 25–50% | 2020-12-18 | Ceased 2020-12-18 |
| Hna Group Co. Ltd. | Corporate entity | Significant influence | 2016-04-06 | Ceased 2020-12-18 |
Filing timeline
Last 20 of 96 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-05 | AA | accounts | Accounts with accounts type group | |
| 2024-12-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-17 | SH01 | capital | Capital allotment shares | |
| 2024-12-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-26 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-09-03 | AA | accounts | Accounts with accounts type group | |
| 2024-04-02 | SH01 | capital | Capital allotment shares | |
| 2024-04-02 | SH01 | capital | Capital allotment shares | |
| 2024-04-02 | AA | accounts | Accounts with accounts type group | |
| 2024-02-07 | AA | accounts | Accounts with accounts type group | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-25 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-06 | AA | accounts | Accounts with accounts type group | |
| 2022-12-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-10-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-04-08 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- 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.