GLASGOW PRESTWICK AIRPORT LIMITED
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Cash
£11m
-0.2% vs 2025
Net assets
-£40m
+7.3% highest in 3 filed years
Employees
470
+30.9% highest in 3 filed years
Profit before tax
£3.1m
+177.2% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £50,067,000 | £45,316,000 | £59,061,000 | +30.3% | |
| Operating profit | £3,312,000 | £4,162,000 | £5,986,000 | +43.8% | |
| Profit before tax | £259,000 | £1,130,000 | £3,132,000 | +177.2% | |
| Net profit | £259,000 | £1,130,000 | £3,132,000 | +177.2% | |
| Cash | £9,038,000 | £10,655,000 | £10,637,000 | -0.2% | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | -£44,129,000 | -£42,999,000 | -£39,867,000 | +7.3% | |
| Equity | -£44,129,000 | -£42,999,000 | -£39,867,000 | +7.3% | |
| Average employees | 313 | 359 | 470 | +30.9% | |
| Wages | £10,904,000 | £12,275,000 | £16,117,000 | +31.3% | |
| Directors' remuneration | £335,000 | £421,000 | £670,000 | +59.1% |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 6.6% | 9.2% | 10.1% | |
| Net margin | 0.5% | 2.5% | 5.3% | |
| Current ratio | 0.29x | 0.35x | 0.47x | |
| Interest cover | 1.08x | 1.23x | 1.92x |
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 4 times since incorporation
- GLASGOW PRESTWICK AIRPORT LIMITED 2005-08-25 → present
- GLASGOW PRESTWICK INTERNATIONAL AIRPORT LTD. 1997-03-04 → 2005-08-25
- PRESTWICK INTERNATIONAL AIRPORT LTD. 1995-07-20 → 1997-03-04
- PIK LIMITED 1992-01-10 → 1995-07-20
- ST. VINCENT STREET (197) LIMITED 1991-12-03 → 1992-01-10
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“For the reasons set out above, the directors have prepared the financial statements on a going concern basis and have concluded that there are no material uncertainties related to going concern.”
Group structure
- GLASGOW PRESTWICK AIRPORT LIMITED · parent
- Airport Driving Range Company Ltd 100%
- Glasgow Prestwick Flight Centre Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 59 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BECKWITH, Sheena Marion | Director | 2025-03-12 | Jul 1965 | British |
| FORGIE, Ian Mackay | Director | 2018-04-09 | Nov 1964 | British |
Show 59 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BECKWITH, Sheena Marion | Secretary | 1998-04-29 | 2002-04-10 |
| CHANDLER, Christopher James | Secretary | 2007-06-04 | 2010-05-06 |
| JOHNSTON, John Michael | Secretary | 1997-06-23 | 1998-04-29 |
| JOHNSTON, John Michael | Secretary | 1994-03-02 | 1996-10-01 |
| MCLEOD, Grant Harrison | Secretary | 2010-05-06 | 2014-08-26 |
| REID, Douglas John | Secretary | 1996-10-01 | 1997-06-23 |
| SWEENIE, Andrew Graeme | Secretary | 2006-07-01 | 2007-06-04 |
| WHITE, Joyce Helen | Secretary | 2002-04-10 | 2006-07-01 |
| LYCIDAS SECRETARIES LIMITED | Corporate Nominee Secretary | 1991-12-03 | 1993-02-04 |
| ADAMS, Stewart Andrew | Director | 2017-11-01 | 2021-08-26 |
| BAILLIE, John | Director | 2001-01-20 | 2003-12-12 |
| BANKS, Derek William | Director | 2016-05-02 | 2018-04-03 |
| BARR, William James | Director | 2005-12-16 | 2009-04-01 |
| BECKWITH, Sheena Marion | Director | 1999-06-18 | 2002-04-10 |
| COCHRANE, Iain William | Director | 2009-10-01 | 2015-09-29 |
| COCHRANE, Iain William | Director | 2001-01-22 | 2005-12-15 |
| COCHRANE, Iain William | Director | 1998-01-09 | 2001-01-20 |
| COCHRANE, Keith Robertson | Director | 1998-04-29 | 2001-01-20 |
| DAVIES, Clive Bartlett | Director | 2001-01-20 | 2003-12-12 |
| DOOLEY, Michael | Director | 1992-03-05 | 1993-01-11 |
| FITZGERALD, Steven | Director | 2006-01-09 | 2013-11-22 |
| FITZGERALD, Steven | Director | 2005-01-31 | 2005-12-15 |
| GILES, George Frederick William Stokes | Director | 1992-02-04 | 1993-03-02 |
| GRANT, David John | Director | 2003-04-01 | 2005-05-31 |
| GUNN, Rowland Cameron | Director | 2001-01-22 | 2003-07-31 |
| GUNN, Rowland Cameron | Director | 1998-03-23 | 2001-01-20 |
| HEALY, Brendan John Patrick | Director | 1993-03-02 | 1995-03-02 |
| HUDSON, Matthew Chance | Director | 1992-02-04 | 1998-12-31 |
| JENNER, Richard Winston | Director | 2015-12-18 | 2016-06-30 |
| KINSKI, Michael John | Director | 1998-04-29 | 2000-02-14 |
| LANG, Hugh Henry | Director | 1994-10-24 | 2000-05-31 |
| MCLEOD, Grant Harrison | Director | 2014-08-26 | 2015-12-18 |
| MCNEE, David Blackstock, Sir | Director | 1997-01-14 | 1998-04-29 |
| MCNEE, David Blackstock, Sir | Director | 1992-02-04 | 1995-05-31 |
| MERRILL, Juan Caine | Director | 2021-12-14 | 2025-03-31 |
| MILLER, Andrew Baxter | Director | 2015-09-29 | 2017-09-01 |
| MILLER, William Brown | Director | 1992-02-04 | 1998-04-29 |
| MOFFAT, James Harkness | Director | 1992-02-04 | 1998-04-29 |
| MORRISON, Hugh Richmond Lloyd | Director | 2005-12-15 | 2012-02-10 |
| MORRISON, Stanley Walker | Director | 1997-01-14 | 1998-04-29 |
| MORRISON, Stanley Walker | Director | 1992-02-04 | 1994-02-28 |
| MURRAY, Paul David | Director | 1994-04-20 | 1996-06-17 |
| NEWMAN, David Arthur Ross | Director | 2012-05-23 | 2013-10-14 |
| PAXTON, Douglas John | Director | 1997-08-01 | 1998-06-12 |
| POOLE, William | Director | 1996-11-30 | 1997-07-21 |
| POOLE, William | Director | 1993-03-02 | 1996-11-29 |
| RIDLEY-SMITH, Paul | Director | 2005-12-15 | 2011-04-15 |
| RODWELL, Mark Andrew | Director | 2008-09-01 | 2009-11-01 |
| SEIDENSTUCKER, Matthias | Director | 2001-01-20 | 2007-03-01 |
| SINCLAIR, Stuart James Parkinson | Director | 2001-08-01 | 2005-05-17 |
| SMITH, Ronald Trotter | Director | 2016-05-30 | 2017-10-31 |
| SWEENIE, Andrew Graeme | Director | 2014-08-26 | 2015-08-27 |
| WALKER, Philip James | Director | 2012-05-23 | 2013-11-22 |
| WALKER, Philip James | Director | 2001-06-15 | 2005-12-15 |
| WELSH, John Mcwilliam | Director | 1992-02-04 | 1997-10-24 |
| WHITE, Joyce Helen | Director | 2002-04-10 | 2005-12-15 |
| WILSON, Thomas Mackenzie | Director | 2011-04-01 | 2014-06-30 |
| WILSON, Thomas Mackenzie | Director | 1996-02-29 | 2004-05-14 |
| LYCIDAS NOMINEES LIMITED | Corporate Nominee Director | 1991-12-03 | 1992-02-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Scottish Government | Legal person | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 223 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-23 | AA | accounts | Accounts with accounts type full | |
| 2026-07-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-18 | AA | accounts | Accounts with accounts type full | |
| 2025-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-11 | AA | accounts | Accounts with accounts type full | |
| 2024-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-29 | AA | accounts | Accounts with accounts type full | |
| 2022-12-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-15 | AA | accounts | Accounts with accounts type full | |
| 2021-12-30 | AA | accounts | Accounts with accounts type full | |
| 2021-12-22 | CH01 | officers | Change person director company with change date | |
| 2021-12-15 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-26 | TM01 | officers | Termination director company with name termination date | |
| 2021-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.