Lba Midco 1 Limited
Activities of other holding companies n.e.c. · Leeds
ActiveUnited KingdomIncorporated 2017Private Limited Company
Financial position
Accounts to 2026-03-31 · GBP · Company accounts
Net assets
£8,484,000
Cash
£647,000
Turnover
—
Profit / loss
£931,000
Current assets
£84,748,000
Creditors < 1 year
£38,486,000
Equity
£8,484,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial 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 | 2026-03-31Company · AI-read | 2025-03-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £8,484,000 | £7,552,000 |
| Equity | £8,484,000 | £7,552,000 |
| Retained earnings | £8,484,000 | £7,552,000 |
| Assets | ||
| Fixed assets | £24,324,000 | £24,324,000 |
| Investments | £24,324,000 | £24,324,000 |
| Current assets | £84,748,000 | £78,889,000 |
| Cash at bank | £647,000 | £12,246,000 |
| Debtors | £55,167,000 | £39,923,000 |
| Liabilities | ||
| Creditors within one year | £38,486,000 | £40,386,000 |
| Creditors after one year | £62,103,000 | £55,275,000 |
| Net current assets | £46,262,000 | £38,503,000 |
| Assets less current liabilities | £70,587,000 | £62,827,000 |
| Profit & loss | ||
| Operating profit | −£11,000 | −£11,000 |
| Interest receivable | £7,599,000 | £5,596,000 |
| Interest payable | £6,657,000 | £7,230,000 |
| Profit before tax | £931,000 | −£1,645,000 |
| Profit / loss | £931,000 | −£1,645,000 |
| Operating costs | ||
| Audit fees | £3,000 | £3,000 |
| 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
- LBIA Holding Limited
- Ultimate parent
- International Airport Bidco Limited
- Ultimate controlling party
- InfraBridge Investors (European Infrastructure No 4) S.à.r.l.
- Accounts
- FRS 102
- Approved
- 2026-07-09, signed by Alexander Tong
Subsidiaries (8)
- LBA Midco 2 Limited · 100% · England and Wales
- Leeds Bradford Airport Limited · 100% · England and Wales · principal trading subsidiary
- LBA Services Limited · 100% · provides services to LBA
- Yorkshire International Airport Limited · dormant
- Leeds Airport Limited · dormant
- Leeds City Airport Limited · dormant
- Leeds City Region Airport Limited · dormant
- Yorkshire Airport Limited · dormant
Borrowings (3)
- Amounts owed by subsidiary, due within one year · 55,149 (000s) · 11.25% or 12.00% charged in the year · No fixed repayment schedule
- Amounts owed by subsidiary, due after more than one year · 28,934 (000s) · effective rate of interest is 8.3% · repayable in October 2028
- New interest free shareholder loan · interest free · repayable May 2031
Share classes (1)
- 1 Ordinary of £1
Events after the year end (3)
- On 22 January 2026, the Group’s immediate parent company, GIF International Airport Holdco Limited, sold 100% of its ordinary shares in International Airport Bidco Limited to Augusta Bidco Limited.
- 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.
- A change of control triggered repayment of the Company’s junior debt facilities; these were fully repaid on 15 May 2025 and replaced with a new interest-free shareholder loan repayable May 2031.
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