Juniper Business Report

Business Report

BRITISH AIRWAYS PLC

Reg Num 01777777

Statutory Information

Previous Name(s): None

Registered Office: WATERSIDE, Date of Incorporation: 13/12/1983

PO BOX 365, Latest Annual Return: 31/07/2007

HARMONDSWORTH, Date Accounts Lodged: 09/08/2007

WEST DRAYTON, Latest Filed Accounts Date: 31/03/2007

UB7 0GB Date of Analysed Accounts: 31/03/2008

Accounts Reference Date: 31/03

Issued Capital (Ł): 287,997,532

Company is: Quoted

Public limited with share capital

English/Welsh companies incorporated under part 1 of the Companies Act

Type of Accounts: Group

Directory Information

Trading Address: PO Box 365, Telephone Number: 020 87595511

Harmondsworth, Fax Number: -

West Drayton,

Middlesex,

UB7 0GB

Region: HOME COUNTIES AND OUTER LONDON

Bankers:

Auditors: Ernst & Young LLP

Audit Qualification: The Auditors have expressed a clean opinion (i.e. unqualified with no referrals) on the accounts for the period ended 31/03/2008.

Principal Activities: A group engaged in the operation of international & domestic scheduled air services for carriage of passengers, freight & mail & the provision of ancilliary services. T/O = revenue.

UK SIC Code(s):

62101 Scheduled passenger air transport

Risk Information

RISK SCORE

2008 70 Credit Limit (Ł): 150,000,000

2007 63 Contract Limit (Ł): 500,000,000

2006 87

2005 87

The ICC score has been designed to predict the likelihood of a company becoming insolvent within the year. The credit limit is Ł 150,000,000, which is a reflection of the score and the substantial financial strength of the company.

County Court Judgments: There are 5 exact unsatisfied CCJs totalling Ł8702.00.

Cumulative Total of Exact CCJs over: 3 Months
1 CCJ
Total: Ł216.00 6 Months
1 CCJ
Total: Ł216.00 9 Months
1 CCJ
Total: Ł216.00 12 Months
1 CCJ
Total: Ł216.00 24 Months
4 CCJs
Total: Ł6236.00 24 Months+
5 CCJs
Total: Ł8702.00

Further information may be available on this business from our off line report service.

Latest Ten Judgments:

On 10/07/2008, a Judgment of Ł216.00 was made in NORTHAMPTON CCBC court (Case No. 8QT62693) against BRITISH AIRWAYS PLC, trading as <, of WATERSIDE, SPEEDBIRD WAY, HARMONDSWORTH, WEST DRAYTON, MIDDLESEX, UB7 0GA, Ref. No. 1507893016. (Exact)
On 24/04/2007, a Judgment of Ł1020.00 was made in YORK court (Case No. 7YO00790) against BRITISH AIRWAYS PLC, trading as <, of WATERSIDE, P O BOX 365, HARMONSWORTH, UB7 0GB, Ref. No. 2504787640. (Exact)
On 22/12/2006, a Judgment of Ł4890.00 was made in KINGSTON ON THAMES court (Case No. 6KT04793) against BRITISH AIRWAYS PLC, trading as <, of WATERSIDE, HARMONDSWORTH, WEST DRAYTON, UB7 0GB, Ref. No. 2812696222. (Exact)
On 21/12/2006, a Judgment of Ł110.00 was made in NORTHAMPTON CCBC court (Case No. 6QZ86284) against BRITISH AIRWAYS PLC, trading as <, of HARMONDSWORTH, WEST DRAYTON, MIDDLESEX, UB7 0GB, Ref. No. 2212695322. (Exact)
On 17/05/2004, a Judgment of Ł2466.00 was made in NORTHAMPTON CCBC court (Case No. 4QZ10195) against BRITISH AIRWAYS PLC, trading as <, of HARMONDSWORTH, WEST DRAYTON, MIDDLESEX, UB7 0GB, Ref. No. 1805496893. (Exact)

Ownership

GROUP STRUCTURE

Holding Company: None

Ultimate Holding Company: None

ALL IMMEDIATE SHAREHOLDINGS ON ICC DATABASE BY TURNOVER

Name Share Class % Held Sales('000) A/C Date Status

BRITISH AIRWAYS (EUROPEAN OPERATIONS AT GATWICK) LIMITED
ORDINARY 100 358,099 31/03/2002 Non Trading

BRITISH AIRWAYS ENGINE OVERHAUL LIMITED
ORDINARY 100 193,422 31/03/1991 Dissolved

OPODO LIMITED
ORDINARY B 23 188,896 31/12/2006 Trading

AIR MILES TRAVEL PROMOTIONS LIMITED
ORDINARY A 100 124,313 31/03/2007 Trading

BRITISH AIRWAYS HOLIDAYS LIMITED
ORDINARY 100 69,085 31/03/2007 Trading

CALEDONIAN LEISURE LIMITED
ORDINARY 100 47,023 31/10/1983 Dissolved

BRITISH AIRWAYS (NO. 2) LIMITED
ORDINARY 100 43,011 31/03/1990 Dissolved

BRITISH AIRWAYS MAINTENANCE CARDIFF LIMITED
ORDINARY 100 38,812 31/03/2007 Trading

ALTA HOILDAYS LIMITED
NOT AVAILABLE 1 100 37,594 31/03/1990 Dissolved

BRITISH AIRWAYS AVIONIC ENGINEERING LIMITED
ORDINARY 100 33,159 31/03/2007 Trading

DUNWOODY AIRLINE SERVICES (HOLDINGS) LIMITED
ORDINARY A 100 27,004 31/03/2007 Trading

TELEFLIGHT LIMITED
ORDINARY 100 22,015 31/03/2007 Trading

HEATHROW HYDRANT OPERATING COMPANY LIMITED
ORDINARY 10 20,562 31/12/2007 Trading

BA CITYFLYER LIMITED
ORDINARY 100 20,393 31/03/2007 Trading

HEATHROW HYDRANT COMPANY LIMITED
ORDINARY 10 20,149 31/12/2003 Non Trading

BRITISH AIRWAYS LEASING LIMITED
ORDINARY 100 14,820 31/03/2007 Trading

BRITISH AIRWAYS INTERIOR ENGINEERING LIMITED
ORDINARY 100 13,783 31/03/2007 Trading

SPEEDWING INTERNATIONAL LIMITED
ORDINARY 100 13,688 31/03/2002 Non Trading

BRITISH AIRWAYS TRAVEL SHOPS LIMITED
ORDINARY 100 13,443 31/03/2005 Non Trading

BOAC LIMITED
ORDINARY 100 11,822 31/03/1995 Non Trading

BRITISH AIRWAYS 777 LEASING LIMITED
ORDINARY 100 9,564 31/03/2007 Trading

BRITISH AIRWAYS REGIONAL LIMITED
ORDINARY 100 8,642 31/03/2006 Non Trading

EMPLOYMENT CONDITIONS ABROAD LIMITED
ORDINARY 3 7,677 31/05/2007 Trading

INTER-CAPITAL AND REGIONAL RAIL LIMITED
ORDINARY 10 4,687 31/12/2006 Trading

CHAMELEON TRAINING & CONSULTING LIMITED
ORDINARY 100 3,963 31/03/2003 Non Trading

THE MILEAGE COMPANY LIMITED
ORDINARY 100 2,291 31/03/1987 Non Trading

AVIATION DEFENCE LIMITED
ORDINARY 100 2,194 31/03/1993 Dissolved

AIRWAYS AERO ASSOCIATIONS LIMITED
ORDINARY 100 1,765 31/03/2007 Trading

SPEEDWING TRAINING LIMITED
ORDINARY 100 1,757 31/03/1995 Dissolved

DAN-AIR AVIATION LIMITED
ORDINARY 100 1,559 31/12/1989 Dissolved

BRITISH AIRWAYS MEDICAL SERVICES FOR TRAVELLERS ABROAD LIMITED
ORDINARY A 100 1,457 31/03/2000 Dissolved

DAN-AIR SERVICES LIMITED
ORDINARY 100 1,314 31/12/1990 Dissolved

BRITISH AIRWAYS VISITORS' SERVICES LIMITED
ORDINARY 100 1,149 31/03/2004 Non Trading

BRITISH AIRWAYS ENGINEERING SERVICES LIMITED
ORDINARY 100 707 31/03/1998 Dissolved

AVIATION SUPPORT SERVICES LIMITED
ORDINARY 33 554 31/03/1993 Dissolved

BRITISH AIRWAYS FINANCIAL SERVICES LIMITED
ORDINARY 100 517 31/03/2003 Dissolved

SPEEDWING AIRSYSTEMS LIMITED
ORDINARY 100 365 31/03/1994 Dissolved

BRITISH AIRWAYS GLOBAL FINANCIAL SERVICES LIMITED
ORDINARY 100 319 31/03/2003 Non Trading

WEB TRAVEL SYSTEMS LIMITED
ORDINARY 100 288 31/03/2004 Non Trading

THE AIRLINE GROUP LIMITED
ORDINARY 17 168 31/07/2007 Trading

BRITISH AIRWAYS (NO 1) LIMITED
ORDINARY 100 105 31/03/1995 Dissolved

DAVIES & NEWMAN TRAVEL LIMITED
ORDINARY 100 58 31/03/1993 Dissolved

BRITISH AIRWAYS PENSION ADMINISTRATION LIMITED
ORDINARY 100 21 31/03/1996 Dissolved

OPENSKIES AVIATION LIMITED
ORDINARY 100 0 31/03/1991 Non Trading

BRITISH AIRWAYS (ESPANA) LIMITED
ORDINARY 100 0 31/03/1996 Non Trading

BRITISH AIRWAYS ASSOCIATED COMPANIES LIMITED
ORDINARY 100 0 31/03/2007 Trading

BA MILES LIMITED
ORDINARY 1 0 31/03/1991 Non Trading

THE PLIMSOLL LINE LIMITED
ORDINARY 100 0 31/03/2007 Trading

BRITISH CALEDONIAN PENSIONS TRUSTEES LIMITED
ORDINARY 100 0 31/03/2003 Dissolved

REMOTEREPORT TRADING LIMITED
ORDINARY 100 0 31/03/2003 Non Trading

BRITISH ASIA AIRWAYS LIMITED
ORDINARY 100 0 31/03/2001 Dissolved

GLOBAL AVIATION FUNDING LIMITED
ORDINARY 100 0 31/03/1998 Dissolved

BRITAIR HOLDINGS LIMITED
ORDINARY 100 0 31/03/2007 Trading

BA AND AA HOLDINGS LIMITED
ORDINARY 100 0 31/03/2007 Trading

BRITISH AIRWAYS MILEAGE COMPANY LIMITED
ORDINARY 100 0 31/03/2003 Dissolved

BRITISH CALEDONIAN GROUP PUBLIC LIMITED COMPANY
ORDINARY 100 0 31/03/1999 Non Trading

CALEDONIAN AVIATION SERVICES LIMITED
ORDINARY 100 - - Dissolved

CAMBRIAN AIRWAYS LIMITED
ORDINARY 100 - - Dissolved

BRITISH AIR SERVICES LIMITED
ORDINARY 0 - - Dissolved

MIDDLE EAST VISITORS' SERVICES LIMITED
ORDINARY 100 - - Dissolved

SOVEREIGN HOLIDAYS LIMITED
ORDINARY 100 - - Dissolved

BRITAIN AIRWAYS LIMITED
ORDINARY 1 - - Non Trading

CALEDONIAN AVIATION INVESTMENTS LIMITED
ORDINARY 2 - - Non Trading

BRITISH AIRWAYS HELICOPTERS LIMITED
ORDINARY 100 - - Dissolved

THE NEWCASTLE BUSINESS PARK MANAGEMENT COMPANY LIMITED
ORDINARY 24 - 30/06/2007 Trading

OVERSEAS AIR TRAVEL LIMITED
ORDINARY 0 - 31/03/2002 Non Trading

BRITISH AIRWAYS QUEST LIMITED
ORDINARY 100 - 31/03/2005 Non Trading

BRITISH AIRWAYS PENSION TRUSTEE (NO. 2) LIMITED
ORDINARY 100 - - Non Trading

BRITISH AIRWAYS CONNECT LIMITED
ORDINARY 100 - - Dissolved

BRITISH AIRWAYS CITIEXPRESS LIMITED
ORDINARY 100 - - Dissolved

SCOTTISH AIRWAYS LIMITED
ORDINARY 0 - - Dissolved

AVIATION INSURANCE CONSULTANTS LIMITED
ORDINARY 0 - - Non Trading

Major Shareholders

Directors Report Date: 15/05/2008

SHARE CAPITAL STRUCTURE

Class of Shares Par Value (pence) Issued Capital(£) Nominal Capital(£) SEDOL

Ordinary shares 25 288,000,000 378,000,000 129057

Total Issued Capital 288,000,000

SHAREHOLDERS

Shareholder Name Class of Shares Number of Shares Shares(%) Holder Type Beneficial Owner

AMVESCAP PLC Et Al Ordinary shares - 6.74 Company Beneficial Name

AXA S.A. Et Al Ordinary shares - 4.85 Company Beneficial Name

Barclays PLC Ordinary shares - 6.90 Company Beneficial Name

INVESCO PLC Et Al Ordinary shares - 11.05 Company Beneficial Name

Legal & General Group PLC Ordinary shares - 4.07 Company Beneficial Name

Standard Life PLC Et Al Ordinary shares - 9.07 Company Beneficial Name

Summary of Mortgages, Charges and Satisfactions

Total number of Mortages & Charges Registered: 520 Total number of outstanding Charges: 516

Total number of Fully Satisfied Charges: 4 Date of Most Recent Mortgage : 26/06/2008

To view all charges that are detailed in the Mortgage Report click here

Details of Mortgages, Charges and Satisfactions

Charge number: 1 of 520 Date Charge Registered: 03/07/2008

Charge Type: ASSIGNMENT OF INSURANCES Latest Form Type: 395

Document images available: Click here
Date Charge Created: 26/06/2008

Lender: DIA GREGORY LTD

Secured on: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

Details: RELEVANT INSURANCES; ALL THE BENEFITS OF SUCH POLICIES AND CONTRACTS IN RESPECT OF THE RELEVANT INSURANCES; ALL REQUISITION COMPENSATION SEE IMAGE FOR FULL DETAILS

Charge number: 2 of 520 Date Charge Registered: 08/05/2008

Charge Type: AN ASSIGNMENT OF INSURANCES Latest Form Type: 395

Document images available: Click here
Date Charge Created: 25/04/2008

Lender: SMFL FOMALHAUT CO., LTD

Secured on: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

Details: ALL PRESENT AND FUTURE RIGHTS TITLE AND INTEREST IN AND TO (1) RELEVANT INSURANCES (2) ALL THE BENEFITS OF SUCH POLICIES AND CONTRACTS AND (3) ALL REQUISITION COMPENSATION SEE IMAGE FOR FULL DETAILS

Charge number: 3 of 520 Date Charge Registered: 08/04/2008

Charge Type: AN ASSIGNMENT OF INSURANCES Latest Form Type: 395

Document images available: Click here
Date Charge Created: 27/03/2008

Lender: DIA WATSON LTD

Secured on: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

Details: ALL THE COMPANYS PRESENT AND FUTURE RIGHTS TITLE AND INTEREST IN AND TO RELEVANT INSURANCES ALL BENEFITS OF SUCH POLICIES AND CONTRACTS IN RESPECT OF THE RELEVANT INSURANCES AND ALL REQUISITION COMPENSATION SEE IMAGE FOR FULL DETAILS

Charge number: 4 of 520 Date Charge Registered: 27/12/2007

Charge Type: ASSIGNMENT OF INSURANCES Latest Form Type: 395

Document images available: Click here
Date Charge Created: 18/12/2007

Lender: DIA HOLMES LIMITED

Secured on: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

Details: ALL OF THE RIGHT, TITLE AND INTEREST IN AND TO (1( RELEVANT INSURANCES, (2) ALL THE BENEFITS OF SUCH POLICIES AND CONTRACTS SEE CHARGE PARTICULARS FORM FOR DETAILS

Charge number: 5 of 520 Date Charge Registered: 20/12/2007

Charge Type: AN ASSIGNMENT OF INSURANCES Latest Form Type: 395

Document images available: Click here
Date Charge Created: 11/12/2007

Lender: SMFL N LEASE NIN-I-KUMIAI

Secured on: ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE

Details: ALL THE COMPANYS PRESENT AND FUTURE RIGHTS TITLE AND INTEREST IN AND TO THE RELEVANT INSURANCES ALL THE BENEFITS OF SUCH POLICIES AND CONTRACTS IN RESPECT OF THE RELEVANT INSURANCES ALL REQUISITION COMPENSATION IN RESPECT OF THE AIRBUS A320-232 AIRCRAFT BEARING MANUFACTURER'S SERIAL NUMBER 3301 SEE CHARGE PARTICULARS FORM FOR DETAILS

Profit & Loss Account

   Date of Accounts 31/03/2008 31/03/2007 31/03/2006 31/03/2005 31/03/2004

   Consolidated Yes Yes Yes Yes Yes

   Subsidiary No No No No No

   No. of Weeks 52 52 52 52 52

   Currency (Ł '000) (Ł '000) (Ł '000) (Ł '000) (Ł '000)

   Audit Qualification No No No No No

1  Turnover 8,753,000 8,492,000 8,213,000 7,772,000 7,560,000

   Cost of Sales - - - - 7,008,000

   Gross Profit - - - - 552,000

2  Operating Profit 875,000 602,000 694,000 556,000 398,000

   Non Trading Income 183,000 196,000 866,000 555,000 111,000

   Interest Payable 175,000 187,000 944,000 598,000 279,000

   Pre-tax Profit 883,000 611,000 616,000 513,000 230,000

   Taxation 187,000 173,000 152,000 121,000 85,000

   Profit After Tax 696,000 438,000 464,000 392,000 145,000

   Dividends Payable 0 0 0 0 0

   Retained Profit 680,000 290,000 451,000 377,000 130,000

   Value Added 3,118,032 3,059,288 3,102,032 2,950,872 2,682,152

Balance Sheet

   Date of Accounts 31/03/2008 31/03/2007 31/03/2006 31/03/2005 31/03/2004

   Consolidated Yes Yes Yes Yes Yes

   Subsidiary No No No No No

   No. of Weeks 52 52 52 52 52

   Currency (Ł '000) (Ł '000) (Ł '000) (Ł '000) (Ł '000)

3  Tangible Fixed Assets 7,754,000 7,733,000 8,272,000 8,660,000 9,168,000

   Intangible Assets 221,000 212,000 233,000 254,000 168,000

   Total Fixed Assets 7,975,000 7,945,000 8,505,000 8,914,000 9,336,000

   Stocks 112,000 76,000 83,000 84,000 76,000

   Trade Debtors 586,000 654,000 685,000 685,000 676,000

   Cash 1,864,000 2,355,000 398,000 549,000 64,000

4  Miscellaneous Current Assets 586,000 354,000 2,503,000 1,439,000 1,949,000

   Total Current Assets 3,148,000 3,439,000 3,669,000 2,757,000 2,765,000

5  Creditors: Amounts falling
   due within one year 3,244,000 3,625,000 3,432,000 3,269,000 2,996,000

   Total Assets less Current Liabilities 7,879,000 7,759,000 8,742,000 8,402,000 9,105,000

6  Total Long Term Liabilities 4,846,000 5,548,000 6,881,000 7,217,000 6,918,000

   Total Liabilities 8,090,000 9,173,000 10,313,000 10,486,000 9,914,000

7  Share Capital & Reserves 1,450,000 1,308,000 1,272,000 1,032,000 1,028,000

   P & L Account Reserve 1,583,000 903,000 589,000 153,000 897,000

   Revaluation Reserve 0 0 0 0 262,000

   Shareholders' Funds 3,033,000 2,211,000 1,861,000 1,185,000 2,187,000

   Capital Employed 7,879,000 7,759,000 8,742,000 8,402,000 9,105,000

   Net Worth 2,812,000 1,999,000 1,628,000 931,000 2,019,000

   Working Capital (96,000) (186,000) 237,000 (512,000) (231,000)

   Contingent Liabilities 173,000 168,000 110,000 259,000 383,000

Cash Flow

   Date of Accounts 31/03/2008 31/03/2007 31/03/2006 31/03/2005 31/03/2004

   Consolidated Yes Yes Yes Yes Yes

   Subsidiary No No No No No

   No. of Weeks 52 52 52 52 52

   Currency (Ł '000) (Ł '000) (Ł '000) (Ł '000) (Ł '000)

   Net Cashflow from Operating Activities 551,000 1,072,000 1,607,000 1,247,000 1,093,000

   Net Cashflow from Return on Investment
   and Servicing of Finance (76,000) (88,000) (125,000) (150,000) (184,000)

   Net Cashflow before Financing 247,000 778,000 815,000 694,000 676,000

   Net Cashflow from Financing (248,000) (447,000) (458,000) (1,151,000) (834,000)

   Increase in Cash (1,000) 331,000 357,000 (457,000) (158,000)

Accounts Notes

   Date of Accounts 31/03/2008 31/03/2007 31/03/2006 31/03/2005 31/03/2004

   Consolidated Yes Yes Yes Yes Yes

   Subsidiary No No No No No

   No. of Weeks 52 52 52 52 52

   Currency (Ł '000) (Ł '000) (Ł '000) (Ł '000) (Ł '000)

1  Exports 4,396,000 4,332,000 - - -

2  Operating Profit is after
   charging the following

   Employees' Remuneration 1,433,000 1,522,000 1,558,000 1,518,000 1,463,000

   Directors' Remuneration 2,079 2,811 5,042 2,479 1,828

   Audit Fees 2,256 2,291 2,221 1,675 1,498

   Non Audit Fees 764 2,034 953 1,362 660

   Depreciation 661,000 777,000 688,000 719,000 669,000

   Average Number of Employees (actual) 45,140 48,070 49,957 50,326 51,939

3  Tangible Assets consist of:

   Fixed Assets 7,263,000 7,357,000 7,882,000 8,329,000 8,637,000

   Intermediate Assets 491,000 376,000 390,000 331,000 531,000

   which includes:

   -Due from Group, Non Current 0 0 0 0 0

4  Miscellaneous Current Assets includes:

   -Due from Group, Current 0 0 0 0 42,000

5  Creditors: Amounts falling due
   within one year consists of:

   Trade Creditors 648,000 723,000 752,000 897,000 840,000

a  Bank Overdraft 0 0 0 0 0

   Miscellaneous Current Liabilities includes: 2,596,000 2,902,000 2,680,000 2,372,000 2,156,000

b  -Bank Loans - Current Portion 113,000 68,000 86,000 63,000 102,000

c  -Other Short Term Finance, including: 367,000 367,000 410,000 496,000 612,000

     -Due to Group, Current 0 0 0 0 32,000

     -Due to Directors, Current 0 0 0 0 0

  -Other Current Liabilities 2,116,000 2,467,000 2,184,000 1,813,000 1,442,000

   Short Term Loans (a+b+c) 480,000 435,000 496,000 559,000 714,000

6  Total Long Term Liabilities consists of:

   Long Term Loans, which consists of: 2,797,000 2,940,000 3,621,000 4,053,000 5,160,000

   -Long Term Bank Loans 455,000 569,000 721,000 794,000 802,000

   -Other Long Term Finance, including: 2,342,000 2,371,000 2,900,000 3,259,000 4,358,000

     -Due to Group, Non Current 0 0 0 0 0

     -Due to Directors, Non Current 0 0 0 0 0

   Other Long Term Liabilities 2,049,000 2,608,000 3,260,000 3,164,000 1,758,000

7  Share Capital and Reserves consists of:

   Called Up Share Capital 288,000 288,000 283,000 271,000 271,000

   Sundry Reserves 1,162,000 1,020,000 989,000 761,000 757,000

Interims

Date of Interims 30/09/2002 30/09/2001 30/09/2000 30/09/1999

Consolidated Yes Yes Yes Yes

No. of Weeks 26 26 26 26

Currency (Ł '000) (Ł '000) (Ł '000) (Ł '000)

Turnover 4,156,000 4,548,000 4,862,000 4,635,000

Net Interest 128,000 182,000 169,000 191,000

Pre-tax Profit 310,000 45,000 150,000 240,000

Taxation 112,000 (7,000) 60,000 17,000

Profit After Tax 198,000 52,000 90,000 223,000

Dividends Payable 0 0 55,000 57,000

Retained Profits 192,000 45,000 28,000 161,000

BALANCE SHEET

Tangible Fixed Assets 9,940,000 10,802,000 10,288,000 10,015,000

Intangible Assets 150,000 134,000 61,000 0

Intermediate Assets 500,000 451,000 483,000 398,000

Total Fixed Assets 10,590,000 11,387,000 10,832,000 10,413,000

Stocks 95,000 202,000 133,000 85,000

Trade Debtors 1,171,000 1,205,000 1,463,000 1,581,000

Cash 1,538,000 1,060,000 1,295,000 1,573,000

Miscellaneous Current Assets 0 0 0 0

Total Current Assets 2,804,000 2,467,000 2,891,000 3,239,000

Creditors: Amounts falling due within one year 2,947,000 3,080,000 3,341,000 3,264,000

Creditors After One Year Provision 8,064,000 8,418,000 7,856,000 6,638,000

Total Liabilities - - - -

Called Up Share Capital 271,000 271,000 271,000 270,000

P & L Account Reserve - - - -

Revaluation Reserve - - - -

Other (Sundry) Reserves - - - -

Shareholders' Funds 2,186,000 2,162,000 2,334,000 3,557,000

Minority Interests 197,000 194,000 192,000 193,000

CASHFLOW

Net Cashflow from Operations 756,000 611,000 884,000 681,000

Net Cashflow before Financing 404,000 (64,000) 300,000 (45,000)

Ratios

Date of Accounts 31/03/2008 31/03/2007 31/03/2006 31/03/2005 31/03/2004

Profit/Sales (%) 10.09 7.20 7.50 6.60 3.04

Profit/Capital Employed (%) 11.21 7.87 7.05 6.11 2.53

Profit/Total Assets (%) 7.94 5.37 5.06 4.40 1.90

Profit/Shareholders' Funds (%) 29.11 27.63 33.10 43.29 10.52

P & L Account Reserve/Total Assets (%) 14.23 7.93 4.84 1.31 7.41

Sales/Total Assets (%) 78.69 74.60 67.46 66.59 62.47

Sales/Fixed Assets 1.21 1.15 1.04 0.93 0.88

Sales/Total Fixed Assets (%) 109.76 106.88 96.57 87.19 80.98

Sales/Capital Employed 1.11 1.09 0.94 0.93 0.83

Working Capital/Sales (%) -1.10 -2.19 2.89 -6.59 -3.06

Stock Turnover 78.15 111.74 98.95 92.52 99.47

Credit Period (days) 24.44 28.11 30.44 32.17 32.64

Creditor Days (days) 27.02 31.08 33.42 42.13 40.56

Debtors/Total Assets (%) 5.27 5.74 5.63 5.87 5.59

Net Cash/Current Liabilities (%) 57.46 64.97 11.60 16.79 2.14

Liquid Assets/Total Assets (%) 27.29 29.54 29.46 22.90 22.22

Current Ratio 0.97 0.95 1.07 0.84 0.92

Liquidity Ratio 0.94 0.93 1.04 0.82 0.90

Creditors/Debtors 1.11 1.11 1.10 1.31 1.24

Current Liabilities/Stocks 28.96 47.70 41.35 38.92 39.42

Stocks/Working Capital (%) -116.67 -40.86 35.02 -16.41 -32.90

Current Assets/Total Assets (%) 28.30 30.21 30.14 23.62 22.85

Profit/Current Liabilities (%) 27.22 16.86 17.95 15.69 7.68

Sales/Current Liabilities 2.70 2.34 2.39 2.38 2.52

Interest/Pre-Interest Profit (%) 16.54 23.43 60.51 53.83 54.81

Total Debt/Net Worth (%) 116.54 168.83 252.89 495.38 290.94

Bank Overdraft & Long Term
Liabilities/Net Worth 172.33 277.54 422.67 775.19 342.64

Long Term Debt/Net Worth (%) 99.47 147.07 222.42 435.34 255.57

Long Term Liabilities/Net Worth 1.72 2.78 4.23 7.75 3.43

Shareholders' Funds/Total Liabilities (%) 37.49 24.10 18.05 11.30 22.06

Shareholders' Funds/Total Assets 0.27 0.19 0.15 0.10 0.18

Net Worth/Total Assets (%) 25.28 17.56 13.37 7.98 16.68

Net Worth/Total Assets - Intangibles (%) 25.79 17.89 13.63 8.15 16.92

Net Worth/Total Fixed Assets (%) 35.26 25.16 19.14 10.44 21.63

Bank Overdraft & Long Term
Liabilities/Working Capital (%) -50.48 -29.83 29.03 -14.10 -29.95

Bank Overdraft & Long Term
Liabilities/Total Assets (%) 43.57 48.74 56.52 61.84 57.17

Total Debt/Working Capital -34.14 -18.15 17.37 -9.01 -25.43

Net Worth/Current Liabilities (%) 86.68 55.14 47.44 28.48 67.39

P & L Account Reserve/Net Worth (%) 56.29 45.17 36.18 16.43 44.43

Revaluation Reserve/Shareholders' Funds (%) - - - - 11.98

Bank Overdraft/Current Assets (%) 0.00 0.00 0.00 0.00 0.00

Average Employee Remuneration (Ł) 31,746 31,662 31,187 30,163 28,168

Wages/Sales (%) 16.37 17.92 18.97 19.53 19.35

Profit per Employee (Ł) 19,561 12,711 12,331 10,194 4,428

Sales per Employee (Ł) 193,908 176,659 164,401 154,433 145,555

Capital Employed per Employee (Ł) 174,546 161,410 174,990 166,951 175,302

Total Fixed Assets per Employee (Ł) 176,673 165,280 170,246 177,125 179,749

Total Assets per Employee (Ł) 246,411 236,821 243,690 231,908 232,985

Profit/Value Added (%) 28.32 19.97 19.86 17.38 8.58

Value Added/Sales(%) 35.62 36.03 37.77 37.97 35.48

Value Added per Employee (Ł) 69,075 63,642 62,094 58,635 51,640

Value Added/Employee Remuneration (%) 2.18 2.01 1.99 1.94 1.83

Exports/Sales (%) 50.22 51.01 - - -

Sales/Audit Fees 3,879.88 3,706.68 3,697.88 4,640.00 5,046.73

Total Assets/Audit Fees 4,930.41 4,969.01 5,481.31 6,967.76 8,078.10

Growth Rates

1 year 2 year 3 year 4 year

% % % %

Sales 3 7 13 16

Pre-tax Profit 45 43 72 284

Audit Fees -2 2 35 51

Directors' Remuneration -26 -59 -16 14

Number of Employees -6 -10 -10 -13

Employees' Remuneration -6 -8 -6 -2

Fixed Assets -1 -8 -13 -16

Tangible Assets 0 -6 -11 -15

Total Fixed Assets 0 -6 -11 -15

Stocks 47 35 33 47

Trade Debtors -10 -15 -15 -13

Total Current Assets -9 -14 14 14

Total Assets -2 -9 -5 -8

Trade Creditors -10 -14 -28 -23

Short Term Loans 10 -3 -14 -33

Total Current Liabilities -11 -6 -1 8

Net Cash -21 368 240 2,813

Shareholders' Funds 37 63 156 39

Net Worth 41 73 202 39

Long Term Loans -5 -23 -31 -46

Long Term Liabilities -13 -30 -33 -30

Capital Employed 2 -10 -6 -14

Company/Industry Comparison

This comparison is based on the results of 53 companies in the same industrial sector: 62101 Scheduled passenger air transport

Company Industry Averages

31/03/2008 Lower Median Upper

PERFORMANCE

Profit/Sales (%) 10.09 -2.9 3.3 7.3

Profit/Capital Employed (%) 11.21 -0.8 6.6 13.0

Profit/Total Assets (%) 7.94 -3.1 4.4 6.9

Profit/Shareholders' Funds (%) 29.11 8.9 25.0 74.1

TURNOVER

Sales/Total Assets (%) 78.69 69.8 131.1 213.4

Sales/Fixed Assets (%) 1.21 1.6 3.1 8.2

Working Capital/Sales (%) -1.10 2.9 -1.6 -11.8

Stock Turnover 78.15 51.5 77.0 132.2

Credit Period (days) 24.44 28.6 19.1 13.3

Creditor Days (days) 27.02 33.4 27.1 16.4

LIQUIDITY

Current Ratio 0.97 0.7 1.0 1.1

Liquidity Ratio 0.94 0.6 0.9 1.0

GEARING

Total Debt/Net Worth (%) 116.54 620.3 174.7 80.6

Shareholders' Funds/Total Assets 0.27 0.1 0.2 0.4

Long Term Debt/Net Worth (%) 99.47 594.9 139.7 25.4

Interest/Pre-Interest Profit (%) 16.54 47.1 26.2 10.6

Total Debt/Working Capital -34.14 14.1 3.1 1.0

EMPLOYEE

Average Employee Remuneration (Ł) 31,746 26,200 29,002 39,115

Wages/Sales (%) 16.37 19.0 14.2 10.7

Profit per Employee (Ł) 19,561 -5,473 6,714 12,331

Sales per Employee (Ł) 193,908 166,056 206,690 327,737

Capital Employed per Employee (Ł) 174,546 44,368 44,368 44,368

Total Fixed Assets per Employee (Ł) 176,673 43,102 101,502 182,270

Total Assets per Employee (Ł) 246,411 96,807 185,490 336,819

OTHER

Creditors/Debtors 1.11 0.9 1.3 2.3

Debtors/Total Assets (%) 5.27 3.3 5.8 7.8

Current Liabilities/Stocks 28.96 16.5 26.0 58.1

Exports/Sales (%) 50.22 - - -

Sales/Audit Fees 3,879.88 1,282.0 2,758.8 5,780.7

Total Assets/Audit Fees 4,930.41 890.0 2,208.4 5,481.3

Filing History

10/07/2008 Memorandum of satisfaction

03/07/2008 Particulars of a mortgage or charge

08/05/2008 Particulars of a mortgage or charge

12/04/2008 Alteration in memorandum or articles of association

08/04/2008 Particulars of a mortgage or charge

13/02/2008 Memorandum of satisfaction

07/02/2008 Return of allotments of a public limited company

27/12/2007 Particulars of a mortgage or charge

20/12/2007 Particulars of a mortgage or charge

12/12/2007 Particulars of a mortgage or charge

03/10/2007 Particulars of a mortgage or charge

14/09/2007 Particulars of a mortgage or charge

13/06/2007 Particulars of a mortgage or charge

06/06/2007 Memorandum of satisfaction

24/05/2007 Memorandum of satisfaction

27/03/2007 Particulars of a mortgage or charge

22/03/2007 Particulars of a mortgage or charge

08/03/2007 Particulars of a mortgage or charge

07/03/2007 Particulars of a mortgage or charge

05/03/2007 Particulars of a mortgage or charge

13/12/2006 Change among directors of a company

06/02/2006 Memorandum of satisfaction

18/10/2005 Particulars of a mortgage or charge

02/03/2005 Particulars of a mortgage or charge

01/03/2005 Particulars of a mortgage or charge

10/01/2005 Particulars of a mortgage or charge

23/12/2004 Particulars of a mortgage or charge

15/12/2004 Particulars of a mortgage or charge

10/12/2004 Particulars of a mortgage or charge

03/12/2004 Particulars of a mortgage or charge

09/11/2004 Particulars of a mortgage or charge

01/11/2004 Particulars of a mortgage or charge

23/07/2004 Particulars of a mortgage or charge

31/03/2004 Particulars of a mortgage or charge

30/03/2004 Particulars of a mortgage or charge

17/02/2004 Memorandum of satisfaction

12/02/2004 Particulars of a mortgage or charge

14/01/2004 Memorandum of satisfaction

19/12/2003 Particulars of a mortgage or charge

19/12/2003 Memorandum of satisfaction

16/12/2003 Particulars of a mortgage or charge

12/12/2003 Particulars of a mortgage or charge

05/11/2003 Particulars of a mortgage or charge

20/10/2003 Particulars of a mortgage or charge

16/10/2003 Particulars of a mortgage or charge

16/10/2003 Memorandum of satisfaction

15/10/2003 Particulars of a mortgage or charge

15/08/2003 Memorandum of satisfaction

05/08/2003 Particulars of a mortgage or charge

25/07/2003 Particulars of a mortgage or charge

24/07/2003 Resolutions which give, vary, revoke or renew an authority for the purposes of section 80 (allotment of securites)

21/07/2003 Particulars of a mortgage or charge

21/07/2003 Memorandum of satisfaction

30/04/2003 Particulars of a mortgage or charge

25/04/2003 Particulars of a mortgage or charge

02/04/2003 Particulars of a mortgage or charge

25/02/2003 Particulars of a mortgage or charge

17/02/2003 Particulars of a mortgage or charge

09/01/2003 Particulars of a mortgage or charge

06/01/2003 Particulars of a mortgage or charge

24/12/2002 Particulars of a mortgage or charge

04/12/2002 Particulars of a mortgage or charge

26/11/2002 Particulars of a mortgage or charge

15/11/2002 Particulars of a mortgage or charge

18/10/2002 Particulars of a mortgage or charge

26/09/2002 Particulars of a mortgage or charge

21/08/2002 Particulars of a mortgage or charge

08/08/2002 Particulars of a mortgage or charge

03/07/2002 Particulars of a mortgage or charge

29/06/2002 Memorandum of satisfaction

31/05/2002 Particulars of a mortgage or charge

30/05/2002 Particulars of a mortgage or charge

27/05/2002 Particulars of a mortgage or charge

20/05/2002 Memorandum of satisfaction

17/05/2002 Particulars of a mortgage or charge

09/05/2002 Particulars of a mortgage or charge

14/03/2002 Particulars of a mortgage or charge

13/03/2002 Particulars of a mortgage or charge

15/02/2002 Particulars of a mortgage or charge

28/01/2002 Particulars of a mortgage or charge

27/12/2001 Particulars of a mortgage or charge

04/12/2001 Particulars of a mortgage or charge

01/08/2001 Particulars of a mortgage or charge

10/07/2001 Particulars of a mortgage or charge

29/06/2001 Particulars of a mortgage or charge

27/06/2001 Particulars of a mortgage or charge

10/05/2001 Particulars of a mortgage or charge

10/04/2001 Particulars of a mortgage or charge

16/03/2001 Particulars of a mortgage or charge

21/02/2001 Particulars of a mortgage or charge

17/01/2001 Particulars of a mortgage or charge

02/01/2001 Particulars of a mortgage or charge

21/12/2000 Particulars of a mortgage or charge

18/12/2000 Particulars of a mortgage or charge

06/12/2000 Particulars of a mortgage or charge

13/11/2000 Particulars of a mortgage or charge

08/11/2000 Memorandum of satisfaction

23/10/2000 Particulars of a mortgage or charge

04/10/2000 Particulars of a mortgage or charge

19/09/2000 Memorandum of satisfaction

30/08/2000 Particulars of a mortgage or charge

24/08/2000 Particulars of a mortgage or charge

18/08/2000 Particulars of a mortgage or charge

25/07/2000 Particulars of a mortgage or charge

17/07/2000 Particulars of a mortgage or charge

27/06/2000 Particulars of a mortgage or charge

08/06/2000 Particulars of a mortgage or charge

05/06/2000 Particulars of a mortgage or charge

22/05/2000 Particulars of a mortgage or charge

25/04/2000 Particulars of a mortgage or charge

20/04/2000 Particulars of a mortgage or charge

17/04/2000 Particulars of a mortgage or charge

13/04/2000 Memorandum of satisfaction

04/04/2000 Particulars of a mortgage or charge

31/03/2000 Particulars of a mortgage or charge

23/02/2000 Particulars of a mortgage or charge

11/02/2000 Particulars of a mortgage or charge

03/02/2000 Particulars of a mortgage or charge

27/01/2000 Particulars of a mortgage or charge

21/12/1999 Particulars of a mortgage or charge

22/11/1999 Particulars of a mortgage or charge

03/11/1999 Particulars of a mortgage or charge

17/08/1999 Particulars of a mortgage or charge

12/08/1999 Particulars of a mortgage or charge

15/07/1999 Particulars of a mortgage or charge

14/06/1999 Particulars of a mortgage or charge

09/06/1999 Particulars of a mortgage or charge

08/04/1999 Particulars of a mortgage or charge

01/04/1999 Particulars of a mortgage or charge

17/03/1999 Particulars of a mortgage or charge

05/03/1999 Particulars of a mortgage or charge

15/02/1999 Particulars of a mortgage or charge

02/02/1999 Particulars of a mortgage or charge

07/01/1999 Particulars of a mortgage or charge

22/12/1998 Particulars of a mortgage or charge

04/12/1998 Particulars of a mortgage or charge

06/11/1998 Particulars of a mortgage or charge

22/10/1998 Particulars of a mortgage or charge

13/10/1998 Particulars of a mortgage or charge

07/10/1998 Particulars of a mortgage or charge

11/09/1998 Particulars of a mortgage or charge

27/08/1998 Particulars of a mortgage or charge

07/07/1998 Particulars of a mortgage or charge

16/06/1998 Particulars of a mortgage or charge

04/06/1998 Particulars of a mortgage or charge

26/05/1998 Particulars of a mortgage or charge

18/05/1998 Particulars of a mortgage or charge

27/04/1998 Particulars of a mortgage or charge

31/03/1998 Particulars of a mortgage or charge

27/03/1998 Particulars of a mortgage or charge

17/03/1998 Particulars of a mortgage or charge

16/03/1998 Particulars of a mortgage or charge

04/03/1998 Particulars of a mortgage or charge

19/02/1998 Particulars of a mortgage or charge

06/02/1998 Particulars of a mortgage or charge

06/01/1998 Particulars of a mortgage or charge

12/12/1997 Particulars of a mortgage or charge

03/12/1997 Memorandum of satisfaction

06/10/1997 Particulars of a mortgage or charge

18/09/1997 Memorandum of satisfaction

18/08/1997 Particulars of a mortgage or charge

18/07/1997 Particulars of a mortgage or charge

14/07/1997 Particulars of a mortgage or charge

12/06/1997 Particulars of a mortgage or charge

03/06/1997 Particulars of a mortgage or charge

20/05/1997 Particulars of a mortgage or charge

07/05/1997 Particulars of a mortgage or charge

23/04/1997 Particulars of a mortgage or charge

15/04/1997 Particulars of a mortgage or charge

14/04/1997 Particulars of a mortgage or charge

10/04/1997 Particulars of a mortgage or charge

04/04/1997 Particulars of a mortgage or charge

31/01/1997 Memorandum of satisfaction

27/11/1996 Memorandum of satisfaction

03/05/1996 Particulars of a mortgage or charge

25/04/1996 Particulars of a mortgage or charge

12/04/1996 Particulars of a mortgage or charge

11/04/1996 Particulars of a mortgage or charge

14/02/1996 Memorandum of satisfaction

26/01/1996 Particulars of a mortgage or charge

15/01/1996 Particulars of a mortgage or charge

09/11/1995 Memorandum of satisfaction

16/08/1995 Particulars of a mortgage or charge

28/04/1995 Particulars of a mortgage or charge

19/04/1995 Particulars of a mortgage or charge

05/04/1995 Particulars of a mortgage or charge

05/04/1995 Memorandum of satisfaction

03/04/1995 Particulars of a mortgage or charge

30/03/1995 Particulars of a mortgage or charge

02/03/1995 Particulars of a mortgage or charge

23/12/1994 Particulars of a mortgage or charge

08/12/1994 Particulars of a mortgage or charge

25/05/1994 Mortgage document

06/05/1994 Mortgage document

15/04/1994 Mortgage document

14/04/1994 Mortgage document

12/04/1994 Mortgage document

09/03/1994 Mortgage document

03/03/1994 Mortgage document

01/03/1994 Mortgage document

25/02/1994 Mortgage document

09/02/1994 Mortgage document

16/11/1993 Memorandum of satisfaction

04/11/1993 Mortgage document

04/08/1993 Mortgage document

11/06/1993 Mortgage document

06/04/1993 Mortgage document

02/04/1993 Mortgage document

29/03/1993 Mortgage document

09/03/1993 Mortgage document

09/02/1993 Mortgage document

28/01/1993 Mortgage document

25/01/1993 Mortgage document

30/12/1992 Mortgage document

07/12/1992 Mortgage document

03/12/1992 Mortgage document

12/11/1992 Mortgage document

05/11/1992 Mortgage document

29/10/1992 Mortgage document

27/10/1992 Mortgage document

25/09/1992 Mortgage document

29/05/1992 Mortgage document

18/05/1992 Mortgage document

05/05/1992 Mortgage document

09/04/1992 Mortgage document

07/04/1992 Mortgage document

01/04/1992 Mortgage document

31/03/1992 Mortgage document

26/03/1992 Mortgage document

06/02/1992 Mortgage document

03/01/1992 Mortgage document

17/12/1991 Mortgage document

10/12/1991 Mortgage document

28/11/1991 Mortgage document

15/11/1991 Mortgage document

19/08/1991 Special resolutions passed under section 95 disapplication of pre-emption rights

03/07/1991 Mortgage document

17/05/1991 Mortgage document

15/04/1991 Mortgage document

26/03/1991 Mortgage document

11/03/1991 Mortgage document

26/02/1991 Mortgage document

03/12/1990 Mortgage document

09/11/1990 Mortgage document

12/09/1990 Mortgage document

18/07/1990 Mortgage document

27/06/1990 Mortgage document

01/06/1990 Mortgage document

02/05/1990 Mortgage document

20/04/1990 Mortgage document

09/04/1990 Mortgage document

26/03/1990 Mortgage document

20/03/1990 Mortgage document

06/03/1990 Mortgage document

02/03/1990 Mortgage document

26/02/1990 Mortgage document

23/02/1990 Mortgage document

12/02/1990 Mortgage document

03/10/1989 Mortgage document

07/09/1989 Mortgage document

09/08/1989 Mortgage document

08/08/1989 Mortgage document

07/08/1989 Mortgage document

19/04/1989 Mortgage document

16/11/1988 Mortgage document

06/04/1988 Mortgage document

09/02/1988 Mortgage document

Directors

COMPANY SECRETARY

ALAN KERR BUCHANAN

Appointment Date: 01/04/2000

Date of Birth: 16/06/1958

Occupation/Function: COMPANY SECRETARY

Address: WATERSIDE, HARMONDSWORTH, WEST DRAYTON, UB7 0GB

Present Appointments: 83

Resignations Since June 1996: 49

DIRECTORS

MARTIN FAULKNER BROUGHTON

Appointment Date: 12/05/2000

Date of Birth: 15/04/1947

Occupation/Function: CHARTERED ACCOUNTANT

Address: WATERSIDE P O BOX 365, HARMONDSWORTH, WEST DRAYTON, UB7 0GB

Present Directorships: 2

Resignations Since June 1996: 17

DENISE PATRICIA BYRNE KINGSMILL

Appointment Date: 05/11/2004

Date of Birth: 24/04/1947

Occupation/Function: LAWYER

Address: WATERSIDE, HARMONDSWORTH, WEST DRAYTON, UB7 0GB

Present Directorships: 4

Resignations Since June 1996: 5

JAMES ARTHUR LAWRENCE

Appointment Date: 01/11/2006

Date of Birth: 18/10/1952

Occupation/Function: CFO

Address: WATERSIDE, HARMONDSWORTH, UB7 0GB

Present Directorships: 1

Resignations Since June 1996: 0

CHUMPOL NA LAMLIENG

Appointment Date: 01/11/2005

Date of Birth: 25/04/1947

Occupation/Function: COMPANY DIRECTOR

Address: WATERSIDE, HARMONDSWORTH, UB7 0GB

Present Directorships: 1

Resignations Since June 1996: 0

DOCTOR MARTIN PETER READ MA CANTAB DPHIL OXON CDIPA & F

Appointment Date: 12/05/2000

Date of Birth: 16/02/1950

Occupation/Function: CHIEF EXECUTIVE

Address: WATERSIDE, PO BOX 365, HARMONDSWORTH, UB7 0GB

Present Directorships: 3

Resignations Since June 1996: 12

ALISON CLARE REED

Appointment Date: 01/12/2003

Date of Birth: 22/12/1956

Occupation/Function: CHIEF FINANCIAL OFFICER

Address: WATERSIDE, HARMONDSWORTH, WEST DRAYTON, UB7 0GB

Present Directorships: 3

Resignations Since June 1996: 34

KENNETH PETER ROSS SMART CBE

Appointment Date: 19/07/2005

Date of Birth: 28/04/1946

Occupation/Function: AVIATION SAFETY SPECIALIST

Address: WATERSIDE, HARMONDSWORTH, WEST DRAYTON, MIDDLESEX, UB7 0GB

Present Directorships: 2

Resignations Since June 1996: 1

ELIZABETH CONWAY SYMONS

Appointment Date: 19/07/2005

Date of Birth: 14/04/1951

Occupation/Function: PRIVY COUNCIL MEMBER OF THE HO

Address: WATERSIDE, HARMONDSWORTH, WEST DRAYTON, UB7 0GB

Present Directorships: 5

Resignations Since June 1996: 3

MAARTEN ALBERT VAN DEN BERGH

Appointment Date: 16/07/2002

Date of Birth: 19/04/1942

Occupation/Function: BANK CHAIRMAN

Address: THE SHELL CENTRE, LONDON, SE1 7NA

Present Directorships: 3

Resignations Since June 1996: 17

WILLIAM MATTHEW WALSH

Appointment Date: 03/05/2005

Date of Birth: 25/10/1961

Occupation/Function: COMPANY DIRECTOR

Address: WATERSIDE, HARMONDSWORTH, WEST DRAYTON, UB7 0GB

Present Directorships: 1

Resignations Since June 1996: 0

KEITH WILLIAMS

Appointment Date: 01/01/2006

Date of Birth: 13/05/1956

Occupation/Function: ACCOUNTANT

Address: WATERSIDE, PO BOX 365, HARMONDSWORTH, WEST DRAYTON, MIDDLESEX, UB7 0GB

Present Directorships: 59

Resignations Since June 1996: 4

Report Generated: Jul 16, 2008