Company Overview
Highlands And Islands Airports Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 04 March 1986, so this is a well established company. Highlands And Islands Airports Limited has been in business for 40 years. The accounts status is group and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Head Office, Inverness Airport, Inverness, IV2 7JB
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Companies House Data
Company NameHIGHLANDS AND ISLANDS AIRPORTS LIMITED
Company NumberSC097647
Registered Office AddressHead Office
 Inverness Airport
 IV2 7JB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date04/03/1986
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryGROUP
Returns Next Due Date28/08/2016
Returns Last Made Up Date31/07/2015
Directors & Members
Show Resigned
Lynne Clow - Director
(British, 55 years old, born September 1971)
Appointed 01 March 2022
 Active
Christopher Holliday - Director
(British, 63 years old, born May 1963)
Appointed 01 March 2020
 Active
Paul Kelsall - Director
(British, 60 years old, born June 1966)
Appointed 20 May 2024
 Active
Jamie Manson - Director
(British, 43 years old, born November 1983)
Appointed 17 October 2022
 Active
Secretaries
Show Resigned
Jamie Manson - Secretary
Appointed 01 June 2023
 Active
Other Company Directorships
Lynne Clow
AIRPORT MANAGEMENT SERVICES LIMITED
DUNDEE AIRPORT LIMITED
Christopher Holliday
AIR SERVICE TRAINING (ENGINEERING) LIMITED
AIRPORT MANAGEMENT SERVICES LIMITED
CRANFIELD AEROSPACE SOLUTIONS LIMITED
DUNDEE AIRPORT LIMITED
ENERGY AVIATION SERVICES LTD
LIGHT AIRCRAFT ASSOCIATION LIMITED
Paul Kelsall
AIRPORT MANAGEMENT SERVICES LIMITED
DUNDEE AIRPORT LIMITED
HIGHLAND AIRWAYS LIMITED
Jamie Manson
AIRPORT MANAGEMENT SERVICES LIMITED
DUNDEE AIRPORT LIMITED
HIGHLAND AIRWAYS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2016 31-Mar-2015
Balance Sheet
Fixed Assets 108,708,000 108,708,000 98,516,000
Current Assets 6,660,000 6,660,000 7,099,000
Creditors Due Within One Year 9,537,000 9,537,000 8,888,000
Working Cap -2,877,000 -2,877,000 -1,789,000
Total Assets Less Current Liabilities 105,831,000 105,831,000 96,727,000
Long-term Liabilities 129,611,000 129,611,000 122,742,000
Net Assets -23,780,000 -23,780,000 -26,015,000
Share Capital & Reserves
Share Cap 50,000 50,000 50,000
Profit & Loss Reserves -23,830,000 -23,830,000 -26,065,000
Other Reserves 0 0 0
Shareholders Funds -23,780,000 -23,780,000 -26,015,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2016 31-Mar-2015
Tangible Fixed Assets - - -
Fixed Assets 94.2% 94.2% 93.3%
Stocks Inventory 0.0% 0.0% 0.1%
Debtors 2.2% 2.2% 2.4%
Cash Bank In Hand 2.1% 2.1% 2.5%
Current Assets 5.8% 5.8% 6.7%
Creditors Due Within One Year 8.3% 8.3% 8.4%
Net Current Assets Liabilities -2.5% -2.5% -1.7%
Creditors Due After One Year 112.3% 112.3% 116.2%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -20.6% -20.6% -24.6%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve -20.7% -20.7% -24.7%
Shareholder Funds -20.6% -20.6% -24.6%
Capital Employed - - -
Total Assets Less Current Liabilities 91.7% 91.7% 91.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2016 31-Mar-2015
Liquidity Ratio 0.7 0.7 0.8
Solvency Ratio 0.8 0.8 0.8
Reserves to Assets -0.2 -0.2 -0.2
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2016 31-Mar-2015
Assets 115,368,000 115,368,000 105,615,000
Debt 139,148,000 139,148,000 131,630,000
Net Assets/Debt -23,780,000 -23,780,000 -26,015,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around IV2 7JB
INVERNESS AIRPORT BUSINESS PARK LIMITED
C/O HIGHLANDS & ISLANDS AIRPORTS, LIMITED, HEAD OFFICE, INVERNESS AIRPORT, INVERNESS, IV2 7JB
INVERNESS AIR TERMINAL LIMITED
Head Office, Inverness Airport, Inverness, Highlands, IV2 7JB
HIGHLAND AVIATION TRAINING LIMITED
UNIT 101, INVERNESS AIRPORT, INVERNESS, IV2 7JB
INVERNESS REVIVED LTD
Suite 25 Inverness Airport, Inverness, Highland, IV2 7JB
DUNDEE AIRPORT LIMITED
HEAD OFFICE, INVERNESS AIRPORT, INVERNESS, IV2 7JB
AIRPORT MANAGEMENT SERVICES LIMITED
HEAD OFFICE, INVERNESS AIRPORT, INVERNESS, IV2 7JB
HEBRIDEAN AIR SERVICES LIMITED
AIRTASK GROUP MARITIME PATROL BASE, ANNEX BUILDING TO HANGAR 3, INVERNESS AIRPORT, INVERNESS, IV2 7JB
EVISK LIMITED
15 Crown Drive, Inverness, IV2 7JB
HIAL LEASECO LIMITED
Head Office, Inverness Airport, Inverness, IV2 7JB
COUNTRY BUMPKINS (INVERNESS) LIMITED
C/O Quantuma Advisory Limited Third Floor, Turnberry House, 175 West George Street, Glasgow, IV2 7JB
Document Filings
Appointment of Ms Gillian Frances Woolman as a director on 18 December 2025
Termination of appointment of Lorna Burn Jack-Hooijenga as a director on 31 January 2026
Termination of appointment of Wilhelmina Cornelia Strachan as a director on 30 November 2025
Confirmation statement made on 31 July 2025 with no updates
Confirmation statement made on 31 July 2024 with no updates
Appointment of Mr Paul Arthur Kelsall as a director on 20 May 2024
Termination of appointment of Stewart Andrew Adams as a director on 28 March 2024
Satisfaction of charge SC0976470004 in full
Confirmation statement made on 31 July 2023 with no updates
Appointment of Mr Stewart Andrew Adams as a director on 14 June 2023
Termination of appointment of Inglis Edward Lyon as a director on 14 June 2023
Appointment of Mr Jamie Lee Manson as a secretary on 1 June 2023
Termination of appointment of Inglis Edward Lyon as a secretary on 1 June 2023
Termination of appointment of Eric Hollanders as a director on 30 November 2022
Appointment of Mr Jamie Lee Manson as a director on 17 October 2022
Confirmation statement made on 31 July 2022 with no updates
Termination of appointment of Johanna Margaret Wallace as a director on 27 May 2022
Appointment of Mrs Lynne Clow as a director on 1 March 2022
Termination of appointment of James Mclaughlin as a director on 28 February 2022
Confirmation statement made on 31 July 2021 with no updates
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