jet2.com limited Company Information
Company Number
02739537
Next Accounts
Dec 2025
Shareholders
jet2 plc
Group Structure
View All
Industry
Non-scheduled passenger air transport
+2Registered Address
low fare finder house, leeds bradford airport, yeadon, leeds, west yorkshire, LS19 7TU
Website
http://jet2.comjet2.com limited Estimated Valuation
Pomanda estimates the enterprise value of JET2.COM LIMITED at £6.3b based on a Turnover of £6.3b and 1x industry multiple (adjusted for size and gross margin).
jet2.com limited Estimated Valuation
Pomanda estimates the enterprise value of JET2.COM LIMITED at £3.6b based on an EBITDA of £575.3m and a 6.29x industry multiple (adjusted for size and gross margin).
jet2.com limited Estimated Valuation
Pomanda estimates the enterprise value of JET2.COM LIMITED at £2.1b based on Net Assets of £818.2m and 2.52x industry multiple (adjusted for liquidity).
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Jet2.com Limited Overview
Jet2.com Limited is a live company located in yeadon, leeds, LS19 7TU with a Companies House number of 02739537. It operates in the scheduled passenger air transport sector, SIC Code 51101. Founded in August 1992, it's largest shareholder is jet2 plc with a 100% stake. Jet2.com Limited is a mature, mega sized company, Pomanda has estimated its turnover at £6.3b with rapid growth in recent years.
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Jet2.com Limited Health Check
Pomanda's financial health check has awarded Jet2.Com Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs


6 Strong

4 Regular

2 Weak

Size
annual sales of £6.3b, make it larger than the average company (£23.3m)
£6.3b - Jet2.com Limited
£23.3m - Industry AVG

Growth
3 year (CAGR) sales growth of 151%, show it is growing at a faster rate (13.2%)
151% - Jet2.com Limited
13.2% - Industry AVG

Production
with a gross margin of 18.6%, this company has a comparable cost of product (18.6%)
18.6% - Jet2.com Limited
18.6% - Industry AVG

Profitability
an operating margin of 5.7% make it more profitable than the average company (4.1%)
5.7% - Jet2.com Limited
4.1% - Industry AVG

Employees
with 13476 employees, this is above the industry average (106)
13476 - Jet2.com Limited
106 - Industry AVG

Pay Structure
on an average salary of £53k, the company has an equivalent pay structure (£54.8k)
£53k - Jet2.com Limited
£54.8k - Industry AVG

Efficiency
resulting in sales per employee of £464.6k, this is more efficient (£250k)
£464.6k - Jet2.com Limited
£250k - Industry AVG

Debtor Days
it gets paid by customers after 75 days, this is later than average (33 days)
75 days - Jet2.com Limited
33 days - Industry AVG

Creditor Days
its suppliers are paid after 8 days, this is quicker than average (42 days)
8 days - Jet2.com Limited
42 days - Industry AVG

Stock Days
it holds stock equivalent to 8 days, this is in line with average (7 days)
8 days - Jet2.com Limited
7 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (10 weeks)
30 weeks - Jet2.com Limited
10 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 79.8%, this is a similar level of debt than the average (75.4%)
79.8% - Jet2.com Limited
75.4% - Industry AVG
JET2.COM LIMITED financials

Jet2.Com Limited's latest turnover from March 2024 is £6.3 billion and the company has net assets of £818.2 million. According to their latest financial statements, Jet2.Com Limited has 13,476 employees and maintains cash reserves of £1.6 billion as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 6,260,500,000 | 5,033,900,000 | 1,234,600,000 | 397,100,000 | 3,594,800,000 | 2,964,200,000 | 2,211,400,000 | 1,565,800,000 | 1,261,400,000 | 719,900,000 | 643,100,000 | 556,156,000 | 461,343,000 | 369,502,000 | 296,213,000 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | 357,100,000 | 341,700,000 | -362,400,000 | -361,400,000 | 147,600,000 | 161,500,000 | 102,200,000 | 96,400,000 | 104,300,000 | 14,300,000 | 25,700,000 | 20,751,000 | 11,971,000 | 16,807,000 | 6,652,000 |
Interest Payable | 29,400,000 | 12,600,000 | 10,600,000 | 12,000,000 | 15,600,000 | 34,800,000 | 5,700,000 | ||||||||
Interest Receivable | 124,700,000 | 39,100,000 | 1,500,000 | 800,000 | 12,000,000 | 8,100,000 | 4,700,000 | 2,900,000 | 2,300,000 | 1,400,000 | 1,300,000 | 1,450,000 | 571,000 | 295,000 | 133,000 |
Pre-Tax Profit | 462,200,000 | 351,800,000 | -378,500,000 | -366,300,000 | 132,300,000 | 134,900,000 | 105,700,000 | 93,600,000 | 107,600,000 | 24,000,000 | 20,300,000 | 22,201,000 | 12,542,000 | 17,102,000 | 6,785,000 |
Tax | -114,000,000 | -63,500,000 | 102,200,000 | 69,200,000 | -24,700,000 | -26,400,000 | -20,800,000 | -18,500,000 | -21,100,000 | -4,500,000 | -4,200,000 | -5,530,000 | -3,284,000 | -5,008,000 | -2,115,000 |
Profit After Tax | 348,200,000 | 288,300,000 | -276,300,000 | -297,100,000 | 107,600,000 | 108,500,000 | 84,900,000 | 75,100,000 | 86,500,000 | 19,500,000 | 16,100,000 | 16,671,000 | 9,258,000 | 12,094,000 | 4,670,000 |
Dividends Paid | 200,000 | 10,000,000 | |||||||||||||
Retained Profit | 348,200,000 | 288,300,000 | -276,300,000 | -297,100,000 | 107,600,000 | 108,500,000 | 84,900,000 | 75,100,000 | 86,300,000 | 19,500,000 | 16,100,000 | 6,671,000 | 9,258,000 | 12,094,000 | 4,670,000 |
Employee Costs | 713,800,000 | 567,500,000 | 302,400,000 | 218,900,000 | 418,900,000 | 345,500,000 | 258,000,000 | 192,500,000 | 148,500,000 | 119,800,000 | 102,800,000 | 85,900,000 | 70,760,000 | 56,285,000 | 47,181,000 |
Number Of Employees | 13,476 | 11,258 | 7,954 | 8,783 | 9,933 | 8,383 | 6,889 | 4,895 | 3,793 | 3,136 | 2,802 | 2,274 | 1,941 | 2,221 | 1,525 |
EBITDA* | 575,300,000 | 492,200,000 | -216,400,000 | -208,200,000 | 307,600,000 | 282,800,000 | 119,700,000 | 109,200,000 | 114,200,000 | 22,200,000 | 31,000,000 | 23,242,000 | 14,074,000 | 18,585,000 | 8,531,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 358,200,000 | 320,800,000 | 678,100,000 | 562,300,000 | 612,800,000 | 559,800,000 | 114,900,000 | 119,200,000 | 64,100,000 | 66,200,000 | 19,400,000 | 8,273,000 | 7,945,000 | 7,317,000 | 5,764,000 |
Intangible Assets | 602,400,000 | 434,200,000 | 26,800,000 | 26,800,000 | 26,800,000 | ||||||||||
Investments & Other | 18,100,000 | 9,400,000 | 25,100,000 | 4,000,000 | 21,600,000 | 9,300,000 | 15,200,000 | 1,300,000 | |||||||
Debtors (Due After 1 year) | 115,600,000 | 143,500,000 | 118,100,000 | 72,700,000 | 37,200,000 | 8,700,000 | 30,100,000 | ||||||||
Total Fixed Assets | 960,600,000 | 755,000,000 | 591,100,000 | 516,400,000 | 602,400,000 | 559,800,000 | 114,900,000 | 119,200,000 | 64,100,000 | 66,200,000 | 19,400,000 | 8,273,000 | 7,945,000 | 7,317,000 | 5,764,000 |
Stock & work in progress | 124,800,000 | 40,200,000 | 8,500,000 | 1,000,000 | 1,300,000 | 1,000,000 | 1,200,000 | 700,000 | 600,000 | 600,000 | 20,600,000 | 13,392,000 | 8,913,000 | 7,972,000 | 8,042,000 |
Trade Debtors | 1,301,700,000 | 81,200,000 | 50,600,000 | 8,100,000 | 40,900,000 | 47,800,000 | 41,600,000 | 531,100,000 | 383,600,000 | 268,800,000 | 10,300,000 | 8,025,000 | 17,419,000 | 11,333,000 | 14,212,000 |
Group Debtors | 780,500,000 | 429,100,000 | 213,300,000 | 443,700,000 | 622,500,000 | 401,400,000 | 319,200,000 | 223,400,000 | 154,900,000 | 261,500,000 | 200,723,000 | 142,987,000 | 97,399,000 | 98,099,000 | |
Misc Debtors | 249,800,000 | 190,600,000 | 181,300,000 | 297,100,000 | 252,600,000 | 172,300,000 | 109,300,000 | 88,000,000 | 64,600,000 | 26,200,000 | 28,069,000 | 27,436,000 | 30,560,000 | 20,667,000 | |
Cash | 1,626,200,000 | 1,224,000,000 | 1,225,800,000 | 867,100,000 | 855,000,000 | 540,100,000 | 579,100,000 | 591,700,000 | 427,000,000 | 352,800,000 | 214,400,000 | 221,275,000 | 161,318,000 | 137,744,000 | 78,365,000 |
misc current assets | 27,900,000 | 45,800,000 | 186,300,000 | 23,500,000 | 53,900,000 | 99,600,000 | 234,500,000 | 74,600,000 | 48,900,000 | 23,400,000 | 600,000 | ||||
total current assets | 3,080,600,000 | 2,421,500,000 | 2,090,900,000 | 1,294,300,000 | 1,691,900,000 | 1,563,600,000 | 1,430,100,000 | 1,626,600,000 | 1,171,500,000 | 865,100,000 | 533,600,000 | 471,484,000 | 358,073,000 | 285,008,000 | 219,385,000 |
total assets | 4,041,200,000 | 3,176,500,000 | 2,682,000,000 | 1,810,700,000 | 2,294,300,000 | 2,123,400,000 | 1,545,000,000 | 1,745,800,000 | 1,235,600,000 | 931,300,000 | 553,000,000 | 479,757,000 | 366,018,000 | 292,325,000 | 225,149,000 |
Bank overdraft | 5,300,000 | 13,100,000 | |||||||||||||
Bank loan | 1,400,000 | ||||||||||||||
Trade Creditors | 114,900,000 | 94,900,000 | 72,900,000 | 16,600,000 | 93,200,000 | 52,700,000 | 40,300,000 | 34,600,000 | 16,500,000 | 20,900,000 | 10,900,000 | 8,194,000 | 5,205,000 | 10,267,000 | 10,881,000 |
Group/Directors Accounts | 83,000,000 | 85,100,000 | 39,200,000 | 58,300,000 | 216,500,000 | 34,200,000 | 14,915,000 | 11,546,000 | 3,000 | ||||||
other short term finances | 739,500,000 | 53,900,000 | 41,700,000 | 31,900,000 | 200,000 | 150,000 | 150,000 | ||||||||
hp & lease commitments | 192,800,000 | 154,400,000 | 125,200,000 | 121,300,000 | 134,500,000 | 159,100,000 | |||||||||
other current liabilities | 2,374,500,000 | 2,048,000,000 | 1,844,600,000 | 1,193,700,000 | 364,600,000 | 1,149,600,000 | 1,109,100,000 | 1,371,400,000 | 1,049,200,000 | 858,700,000 | 361,200,000 | 335,112,000 | 249,090,000 | 203,630,000 | 148,620,000 |
total current liabilities | 2,765,200,000 | 2,382,400,000 | 2,081,900,000 | 1,389,900,000 | 1,548,300,000 | 1,416,700,000 | 1,191,100,000 | 1,437,900,000 | 1,071,000,000 | 892,700,000 | 406,500,000 | 358,371,000 | 265,991,000 | 213,900,000 | 159,501,000 |
loans | 785,000,000 | 534,800,000 | 389,600,000 | 368,200,000 | 553,900,000 | 588,500,000 | 7,700,000 | 20,600,000 | 4,500,000 | 25,200,000 | 100,000 | 313,000 | 463,000 | ||
hp & lease commitments | 389,700,000 | 259,000,000 | 193,400,000 | 172,000,000 | 261,800,000 | 286,100,000 | |||||||||
Accruals and Deferred Income | 22,700,000 | 16,400,000 | 15,700,000 | 44,400,000 | 9,200,000 | 1,700,000 | 1,100,000 | 700,000 | 300,000 | ||||||
other liabilities | 2,800,000 | 1,300,000 | |||||||||||||
provisions | 79,600,000 | 80,000,000 | 44,600,000 | 28,600,000 | 6,400,000 | 17,600,000 | 68,700,000 | 59,943,000 | 45,305,000 | 33,624,000 | 33,261,000 | ||||
total long term liabilities | 457,800,000 | 332,200,000 | 234,200,000 | 254,900,000 | 301,300,000 | 305,200,000 | 12,200,000 | 31,100,000 | 5,600,000 | 25,900,000 | 69,100,000 | 60,256,000 | 45,768,000 | 33,624,000 | 33,261,000 |
total liabilities | 3,223,000,000 | 2,714,600,000 | 2,316,100,000 | 1,644,800,000 | 1,849,600,000 | 1,721,900,000 | 1,203,300,000 | 1,469,000,000 | 1,076,600,000 | 918,600,000 | 475,600,000 | 418,627,000 | 311,759,000 | 247,524,000 | 192,762,000 |
net assets | 818,200,000 | 461,900,000 | 365,900,000 | 165,900,000 | 444,700,000 | 401,500,000 | 341,700,000 | 276,800,000 | 159,000,000 | 12,700,000 | 77,400,000 | 61,130,000 | 54,259,000 | 44,801,000 | 32,387,000 |
total shareholders funds | 818,200,000 | 461,900,000 | 365,900,000 | 165,900,000 | 444,700,000 | 401,500,000 | 341,700,000 | 276,800,000 | 159,000,000 | 12,700,000 | 77,400,000 | 61,130,000 | 54,259,000 | 44,801,000 | 32,387,000 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 357,100,000 | 341,700,000 | -362,400,000 | -361,400,000 | 147,600,000 | 161,500,000 | 102,200,000 | 96,400,000 | 104,300,000 | 14,300,000 | 25,700,000 | 20,751,000 | 11,971,000 | 16,807,000 | 6,652,000 |
Depreciation | 30,300,000 | 20,700,000 | 146,000,000 | 153,200,000 | 160,000,000 | 121,300,000 | 17,500,000 | 12,800,000 | 9,900,000 | 7,900,000 | 5,300,000 | 2,491,000 | 2,103,000 | 1,778,000 | 1,879,000 |
Amortisation | 187,900,000 | 129,800,000 | |||||||||||||
Tax | -114,000,000 | -63,500,000 | 102,200,000 | 69,200,000 | -24,700,000 | -26,400,000 | -20,800,000 | -18,500,000 | -21,100,000 | -4,500,000 | -4,200,000 | -5,530,000 | -3,284,000 | -5,008,000 | -2,115,000 |
Stock | 84,600,000 | 31,700,000 | 7,500,000 | -300,000 | 300,000 | -200,000 | 500,000 | 100,000 | -20,000,000 | 7,208,000 | 4,479,000 | 941,000 | -70,000 | 8,042,000 | |
Debtors | 162,300,000 | 466,600,000 | 313,000,000 | -343,500,000 | -112,700,000 | 316,300,000 | -374,400,000 | 294,700,000 | 206,700,000 | 190,300,000 | 61,183,000 | 48,975,000 | 48,550,000 | 6,314,000 | 132,978,000 |
Creditors | 20,000,000 | 22,000,000 | 56,300,000 | -76,600,000 | 40,500,000 | 12,400,000 | 5,700,000 | 18,100,000 | -4,400,000 | 10,000,000 | 2,706,000 | 2,989,000 | -5,062,000 | -614,000 | 10,881,000 |
Accruals and Deferred Income | 332,800,000 | 204,100,000 | 622,200,000 | 864,300,000 | -775,800,000 | 40,500,000 | -264,000,000 | 322,800,000 | 190,900,000 | 497,900,000 | 26,388,000 | 86,022,000 | 45,460,000 | 55,010,000 | 148,620,000 |
Deferred Taxes & Provisions | -400,000 | 35,400,000 | 16,000,000 | 28,600,000 | -6,400,000 | -11,200,000 | 17,600,000 | -68,700,000 | 8,757,000 | 14,638,000 | 11,681,000 | 363,000 | 33,261,000 | ||
Cash flow from operations | 566,800,000 | 191,900,000 | 259,800,000 | 1,021,100,000 | -340,000,000 | -13,200,000 | 203,300,000 | 154,400,000 | 72,900,000 | 286,600,000 | -3,740,000 | 67,907,000 | 13,378,000 | 62,092,000 | 58,158,000 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -18,100,000 | 8,700,000 | -15,700,000 | 21,100,000 | -17,600,000 | 12,300,000 | -5,900,000 | 13,900,000 | 1,300,000 | ||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | -1,400,000 | 1,400,000 | |||||||||||||
Group/Directors Accounts | -2,100,000 | 45,900,000 | -19,100,000 | -158,200,000 | 216,500,000 | -34,200,000 | 19,285,000 | 3,369,000 | 11,543,000 | 3,000 | |||||
Other Short Term Loans | -739,500,000 | 685,600,000 | 12,200,000 | 9,800,000 | 31,900,000 | -200,000 | 50,000 | 150,000 | |||||||
Long term loans | 250,200,000 | 145,200,000 | 21,400,000 | -185,700,000 | -34,600,000 | 580,800,000 | -12,900,000 | 16,100,000 | -20,700,000 | 25,100,000 | -213,000 | -150,000 | 463,000 | ||
Hire Purchase and Lease Commitments | 169,100,000 | 94,800,000 | 25,300,000 | -103,000,000 | -48,900,000 | 445,200,000 | |||||||||
other long term liabilities | -2,800,000 | 1,500,000 | 1,300,000 | ||||||||||||
share issue | |||||||||||||||
interest | 95,300,000 | 26,500,000 | -9,100,000 | -11,200,000 | -3,600,000 | -26,700,000 | 4,700,000 | -2,800,000 | 2,300,000 | 1,400,000 | 1,300,000 | 1,450,000 | 571,000 | 295,000 | 133,000 |
cash flow from financing | 520,600,000 | 120,100,000 | 494,800,000 | -1,179,300,000 | 746,400,000 | 965,700,000 | -17,100,000 | 87,900,000 | 41,600,000 | -92,100,000 | 20,592,000 | 4,869,000 | 12,927,000 | 618,000 | 27,850,000 |
cash and cash equivalents | |||||||||||||||
cash | 402,200,000 | -1,800,000 | 358,700,000 | 12,100,000 | 314,900,000 | -39,000,000 | -12,600,000 | 164,700,000 | 74,200,000 | 138,400,000 | -6,875,000 | 59,957,000 | 23,574,000 | 59,379,000 | 78,365,000 |
overdraft | -5,300,000 | -7,800,000 | 13,100,000 | ||||||||||||
change in cash | 402,200,000 | -1,800,000 | 358,700,000 | 12,100,000 | 314,900,000 | -39,000,000 | -12,600,000 | 170,000,000 | 82,000,000 | 125,300,000 | -6,875,000 | 59,957,000 | 23,574,000 | 59,379,000 | 78,365,000 |
jet2.com limited Credit Report and Business Information
Jet2.com Limited Competitor Analysis

Perform a competitor analysis for jet2.com limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mega companies, companies in LS19 area or any other competitors across 12 key performance metrics.
jet2.com limited Ownership
JET2.COM LIMITED group structure
Jet2.Com Limited has 1 subsidiary company.
Ultimate parent company
1 parent
JET2.COM LIMITED
02739537
1 subsidiary
jet2.com limited directors
Jet2.Com Limited currently has 16 directors. The longest serving directors include Mr Ian Doubtfire (Aug 1994) and Mr Philip Ward (Jan 2005).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Ian Doubtfire | England | 71 years | Aug 1994 | - | Director |
Mr Philip Ward | 61 years | Jan 2005 | - | Director | |
Mr Stephen Heapy | England | 56 years | Jul 2011 | - | Director |
Mr Christopher Hubbard | 64 years | Jun 2012 | - | Director | |
Mr Gary Brown | England | 59 years | Apr 2013 | - | Director |
Mr Gary Isaacs | 63 years | Jun 2014 | - | Director | |
Mr William Dobson | 63 years | Apr 2015 | - | Director | |
Mr Ian Day | 53 years | Feb 2016 | - | Director | |
Mr Gavin Forth | 59 years | Feb 2018 | - | Director | |
Mr Adam Mulroy | 42 years | Feb 2018 | - | Director |
P&L
March 2024turnover
6.3b
+24%
operating profit
357.1m
+5%
gross margin
18.7%
+25.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
818.2m
+0.77%
total assets
4b
+0.27%
cash
1.6b
+0.33%
net assets
Total assets minus all liabilities
jet2.com limited company details
company number
02739537
Type
Private limited with Share Capital
industry
51101 - Scheduled passenger air transport
51102 - Non-scheduled passenger air transport
51210 - Freight air transport
incorporation date
August 1992
age
33
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
channel express (air services) limited. (January 2006)
channel express air services u.k. limited (November 1992)
accountant
-
auditor
KPMG LLP
address
low fare finder house, leeds bradford airport, yeadon, leeds, west yorkshire, LS19 7TU
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
HERBERT SMITH FREEHILLS LLP BIRD & BIRD LLP NORTON ROSE FULBRIGHT LLP
jet2.com limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 121 charges/mortgages relating to jet2.com limited. Currently there are 51 open charges and 70 have been satisfied in the past.
jet2.com limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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jet2.com limited Companies House Filings - See Documents
date | description | view/download |
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