jet environmental systems limited
jet environmental systems limited Company Information
Company Number
03744217
Next Accounts
Sep 2025
Industry
Plumbing, heat and air-conditioning installation
Specialised construction activities (other than scaffold erection) n.e.c.
Shareholders
jet ahu limited
Group Structure
View All
Contact
Registered Address
1 the courtyard, 707 warwick road, solihull, west midlands, B91 3DA
Website
www.jetenvironmental.comjet environmental systems limited Estimated Valuation
Pomanda estimates the enterprise value of JET ENVIRONMENTAL SYSTEMS LIMITED at £2.2m based on a Turnover of £4.2m and 0.52x industry multiple (adjusted for size and gross margin).
jet environmental systems limited Estimated Valuation
Pomanda estimates the enterprise value of JET ENVIRONMENTAL SYSTEMS LIMITED at £741.6k based on an EBITDA of £166.8k and a 4.45x industry multiple (adjusted for size and gross margin).
jet environmental systems limited Estimated Valuation
Pomanda estimates the enterprise value of JET ENVIRONMENTAL SYSTEMS LIMITED at £8.6m based on Net Assets of £3.3m and 2.58x industry multiple (adjusted for liquidity).
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Jet Environmental Systems Limited Overview
Jet Environmental Systems Limited is a live company located in solihull, B91 3DA with a Companies House number of 03744217. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in March 1999, it's largest shareholder is jet ahu limited with a 100% stake. Jet Environmental Systems Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.2m with declining growth in recent years.
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Jet Environmental Systems Limited Health Check
Pomanda's financial health check has awarded Jet Environmental Systems Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £4.2m, make it in line with the average company (£4.5m)
- Jet Environmental Systems Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (9.9%)
- Jet Environmental Systems Limited
9.9% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- Jet Environmental Systems Limited
26.6% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (5.9%)
- Jet Environmental Systems Limited
5.9% - Industry AVG
Employees
with 20 employees, this is similar to the industry average (21)
20 - Jet Environmental Systems Limited
21 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)
- Jet Environmental Systems Limited
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £208.1k, this is more efficient (£161.4k)
- Jet Environmental Systems Limited
£161.4k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (54 days)
- Jet Environmental Systems Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (41 days)
- Jet Environmental Systems Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Jet Environmental Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (20 weeks)
45 weeks - Jet Environmental Systems Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.8%, this is a lower level of debt than the average (61.5%)
35.8% - Jet Environmental Systems Limited
61.5% - Industry AVG
JET ENVIRONMENTAL SYSTEMS LIMITED financials
Jet Environmental Systems Limited's latest turnover from December 2023 is estimated at £4.2 million and the company has net assets of £3.3 million. According to their latest financial statements, Jet Environmental Systems Limited has 20 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,562,351 | 4,648,180 | 5,295,747 | 3,343,484 | 3,537,284 | 4,109,054 | 2,324,008 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 4,424,501 | 3,117,155 | 3,539,621 | 2,223,706 | 2,121,058 | 2,504,200 | 1,486,937 | ||||||||
| Gross Profit | 2,137,850 | 1,531,025 | 1,756,126 | 1,119,778 | 1,416,226 | 1,604,854 | 837,071 | ||||||||
| Admin Expenses | 1,183,240 | 1,068,023 | 1,072,770 | 907,731 | 742,162 | 826,716 | 646,710 | ||||||||
| Operating Profit | 954,610 | 463,002 | 683,356 | 212,047 | 674,064 | 778,138 | 190,361 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 80 | 33 | 5,246 | ||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Pre-Tax Profit | 954,610 | 463,002 | 683,356 | 212,047 | 673,984 | 778,105 | 185,115 | ||||||||
| Tax | 48,222 | 4,165 | 966 | 60,947 | -133,596 | -54,521 | 0 | ||||||||
| Profit After Tax | 1,002,832 | 467,167 | 684,322 | 272,994 | 540,388 | 723,584 | 185,115 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 159,900 | ||||||||
| Retained Profit | 1,002,832 | 467,167 | 684,322 | 272,994 | 540,388 | 723,584 | 25,215 | ||||||||
| Employee Costs | 582,120 | 488,491 | 304,210 | ||||||||||||
| Number Of Employees | 20 | 16 | 13 | 11 | 10 | 10 | 10 | 10 | 8 | 8 | |||||
| EBITDA* | 964,915 | 478,696 | 702,365 | 234,041 | 695,439 | 807,383 | 194,238 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 117,732 | 28,297 | 19,715 | 13,024 | 21,376 | 29,463 | 34,341 | 29,205 | 8,560 | 54,123 | 80,571 | 106,731 | 12,675 | 5,504 | 6,629 |
| Intangible Assets | 8,016 | 11,869 | 579 | 1,030 | 2,568 | 5,301 | 9,430 | 19,125 | 40,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 125,748 | 40,166 | 20,294 | 14,054 | 23,944 | 34,764 | 43,771 | 48,330 | 49,060 | 54,123 | 80,571 | 106,731 | 12,675 | 5,504 | 6,629 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 758,300 | 2,988,774 | 457,637 | 171,493 | 440,216 | 1,685,888 | 369,241 | 397,582 | 1,061,481 | 1,727,181 | 843,394 | 462,351 | 377,481 | 928,397 | 134,147 |
| Group Debtors | 1,576,960 | 782,225 | 30 | 1,754,390 | 3,254,390 | 1,644,843 | 404,390 | 404,390 | 0 | 0 | 23,879 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,186,258 | 1,536,000 | 519,479 | 1,380,731 | 392,978 | 1,506,926 | 429,348 | 672,274 | 648,271 | 0 | 0 | 0 | 0 | 298,785 | 748,201 |
| Cash | 1,547,175 | 2,244,375 | 1,043,222 | 756,615 | 1,142,892 | 941,834 | 1,010,849 | 820,902 | 619,479 | 63,337 | 0 | 176,958 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,068,693 | 7,551,374 | 2,020,368 | 4,063,229 | 5,230,476 | 5,779,491 | 2,213,828 | 2,295,148 | 2,329,231 | 1,790,518 | 867,273 | 639,309 | 377,481 | 1,227,182 | 882,348 |
| total assets | 5,194,441 | 7,591,540 | 2,040,662 | 4,077,283 | 5,254,420 | 5,814,255 | 2,257,599 | 2,343,478 | 2,378,291 | 1,844,641 | 947,844 | 746,040 | 390,156 | 1,232,686 | 888,977 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47,304 | 148,546 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 581,961 | 1,801,365 | 545,886 | 210,210 | 577,716 | 1,146,595 | 297,761 | 177,757 | 741,502 | 1,670,904 | 485,388 | 414,058 | 227,269 | 583,905 | 147,736 |
| Group/Directors Accounts | 0 | 0 | 150,380 | 238,008 | 197,300 | 157,921 | 191,734 | 276,993 | 349,188 | 0 | 158,268 | 75,994 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 8,165 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,190,123 | 2,632,799 | 689,955 | 1,505,908 | 820,995 | 1,534,686 | 409,679 | 803,181 | 746,950 | 0 | 0 | 0 | 0 | 564,713 | 520,148 |
| total current liabilities | 1,780,249 | 4,434,164 | 1,386,221 | 1,954,126 | 1,596,011 | 2,839,202 | 899,174 | 1,257,931 | 1,837,640 | 1,670,904 | 643,656 | 490,052 | 227,269 | 1,195,922 | 816,430 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46,926 | 76,327 | 0 | 4 | 0 |
| hp & lease commitments | 55,278 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,670 | 0 | 0 | 112,247 | 0 | 983 |
| provisions | 23,718 | 1,826 | 1,312 | 0 | 2,419 | 3,385 | 4,392 | 4,508 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 78,996 | 1,826 | 1,312 | 0 | 2,419 | 3,385 | 4,392 | 4,508 | 0 | 6,670 | 46,926 | 76,327 | 112,247 | 4 | 983 |
| total liabilities | 1,859,245 | 4,435,990 | 1,387,533 | 1,954,126 | 1,598,430 | 2,842,587 | 903,566 | 1,262,439 | 1,837,640 | 1,677,574 | 690,582 | 566,379 | 339,516 | 1,195,926 | 817,413 |
| net assets | 3,335,196 | 3,155,550 | 653,129 | 2,123,157 | 3,655,990 | 2,971,668 | 1,354,033 | 1,081,039 | 540,651 | 167,067 | 257,262 | 179,661 | 50,640 | 36,760 | 71,564 |
| total shareholders funds | 3,335,196 | 3,155,550 | 653,129 | 2,123,157 | 3,655,990 | 2,971,668 | 1,354,033 | 1,081,039 | 540,651 | 167,067 | 257,262 | 179,661 | 50,640 | 36,760 | 71,564 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 954,610 | 463,002 | 683,356 | 212,047 | 674,064 | 778,138 | 190,361 | ||||||||
| Depreciation | 22,964 | 9,122 | 9,854 | 14,156 | 14,642 | 13,495 | 11,783 | 21,375 | 29,245 | 28,623 | 28,896 | 4,884 | 3,440 | 2,004 | 3,877 |
| Amortisation | 3,853 | 3,441 | 451 | 1,538 | 4,367 | 4,129 | 10,211 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 48,222 | 4,165 | 966 | 60,947 | -133,596 | -54,521 | 0 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,785,481 | 4,329,853 | -2,329,468 | -780,970 | -750,073 | 3,634,678 | -271,267 | -252,935 | -17,429 | 859,908 | 404,922 | 84,870 | -849,701 | 344,834 | 882,348 |
| Creditors | -1,219,404 | 1,255,479 | 335,676 | -367,506 | -568,879 | 848,834 | 120,004 | -1,493,147 | -929,402 | 1,185,516 | 71,330 | 186,789 | -356,636 | 436,169 | 147,736 |
| Accruals and Deferred Income | -1,442,676 | 1,942,844 | -815,953 | 684,913 | -713,691 | 1,125,007 | -393,502 | 803,181 | 746,950 | 0 | 0 | 0 | -564,713 | 44,565 | 520,148 |
| Deferred Taxes & Provisions | 21,892 | 514 | 1,312 | -2,419 | -966 | -1,007 | -116 | 4,508 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,863,640 | 1,578,819 | 169,868 | 292,641 | 129,320 | 587,839 | -20,226 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -150,380 | -87,628 | 40,708 | 39,379 | -33,813 | -85,259 | 276,993 | 349,188 | -158,268 | 82,274 | 75,994 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -46,926 | -29,401 | 76,327 | -4 | 4 | 0 |
| Hire Purchase and Lease Commitments | 63,443 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,670 | -6,670 | 6,670 | 0 | -112,247 | 112,247 | -983 | 983 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | -80 | -33 | -5,246 | ||||||||
| cash flow from financing | -2,560,488 | -1,959,292 | 39,379 | -85,259 | 643,827 | -7,515 | 42,086 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -697,200 | 1,201,153 | 286,607 | -386,277 | 201,058 | -69,015 | 189,947 | 757,565 | 556,142 | 63,337 | -176,958 | 176,958 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -47,304 | -101,242 | 148,546 |
| change in cash | -697,200 | 1,201,153 | 286,607 | -386,277 | 201,058 | -69,015 | 189,947 | 757,565 | 556,142 | 63,337 | -176,958 | 176,958 | 47,304 | 101,242 | -148,546 |
jet environmental systems limited Credit Report and Business Information
Jet Environmental Systems Limited Competitor Analysis
Perform a competitor analysis for jet environmental systems limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in B91 area or any other competitors across 12 key performance metrics.
jet environmental systems limited Ownership
JET ENVIRONMENTAL SYSTEMS LIMITED group structure
Jet Environmental Systems Limited has no subsidiary companies.
Ultimate parent company
2 parents
JET ENVIRONMENTAL SYSTEMS LIMITED
03744217
jet environmental systems limited directors
Jet Environmental Systems Limited currently has 4 directors. The longest serving directors include Mr Jason Hibbs (Jul 2016) and Mr Ivan Gonzalez-Garcia (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Hibbs | United Kingdom | 61 years | Jul 2016 | - | Director |
| Mr Ivan Gonzalez-Garcia | England | 46 years | Feb 2018 | - | Director |
| Mrs Jane Hibbs | United Kingdom | 66 years | Dec 2021 | - | Director |
| Mrs Zuzanna Gonzalez Garcia | United Kingdom | 44 years | Dec 2021 | - | Director |
P&L
December 2023turnover
4.2m
-66%
operating profit
140k
0%
gross margin
26.7%
-0.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.3m
+0.06%
total assets
5.2m
-0.32%
cash
1.5m
-0.31%
net assets
Total assets minus all liabilities
jet environmental systems limited company details
company number
03744217
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
March 1999
age
26
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
hotel transactions limited (February 2006)
accountant
FOLKES WORTON LLP
auditor
-
address
1 the courtyard, 707 warwick road, solihull, west midlands, B91 3DA
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
jet environmental systems 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 3 charges/mortgages relating to jet environmental systems limited. Currently there are 1 open charges and 2 have been satisfied in the past.
jet environmental systems 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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jet environmental systems limited Companies House Filings - See Documents
| date | description | view/download |
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