easyjet plc

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easyjet plc Company Information

Share EASYJET PLC

Company Number

03959649

Shareholders

-

Group Structure

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Industry

Activities of head offices

 

Registered Address

hangar 89 london luton airport, luton, bedfordshire, LU2 9PF

easyjet plc Estimated Valuation

£10.5b

Pomanda estimates the enterprise value of EASYJET PLC at £10.5b based on a Turnover of £9.3b and 1.13x industry multiple (adjusted for size and gross margin).

easyjet plc Estimated Valuation

£12.1b

Pomanda estimates the enterprise value of EASYJET PLC at £12.1b based on an EBITDA of £1.4b and a 8.91x industry multiple (adjusted for size and gross margin).

easyjet plc Estimated Valuation

£6.3b

Pomanda estimates the enterprise value of EASYJET PLC at £6.3b based on Net Assets of £3b and 2.11x industry multiple (adjusted for liquidity).

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Easyjet Plc Overview

Easyjet Plc is a live company located in bedfordshire, LU2 9PF with a Companies House number of 03959649. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 2000, it's largest shareholder is unknown. Easyjet Plc is a mature, mega sized company, Pomanda has estimated its turnover at £9.3b with rapid growth in recent years.

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Easyjet Plc Health Check

Pomanda's financial health check has awarded Easyjet Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

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Health Rating4.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £9.3b, make it larger than the average company (£21.1m)

£9.3b - Easyjet Plc

£21.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 86%, show it is growing at a faster rate (9.8%)

86% - Easyjet Plc

9.8% - Industry AVG

production

Production

with a gross margin of 33.4%, this company has a comparable cost of product (33.4%)

33.4% - Easyjet Plc

33.4% - Industry AVG

profitability

Profitability

an operating margin of 6.3% make it as profitable than the average company (5.9%)

6.3% - Easyjet Plc

5.9% - Industry AVG

employees

Employees

with 17639 employees, this is above the industry average (114)

17639 - Easyjet Plc

114 - Industry AVG

paystructure

Pay Structure

on an average salary of £74.8k, the company has a higher pay structure (£50.4k)

£74.8k - Easyjet Plc

£50.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £527.8k, this is more efficient (£202k)

£527.8k - Easyjet Plc

£202k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (44 days)

5 days - Easyjet Plc

44 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 21 days, this is quicker than average (42 days)

21 days - Easyjet Plc

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Easyjet Plc

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (16 weeks)

15 weeks - Easyjet Plc

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73.1%, this is a higher level of debt than the average (54.3%)

73.1% - Easyjet Plc

54.3% - Industry AVG

EASYJET PLC financials

EXPORTms excel logo

Easyjet Plc's latest turnover from September 2024 is £9.3 billion and the company has net assets of £3 billion. According to their latest financial statements, Easyjet Plc has 17,639 employees and maintains cash reserves of £1.3 billion as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover9,309,000,0008,171,000,0005,769,000,0001,458,000,0003,009,000,0006,385,000,0005,898,000,0005,047,000,0004,669,000,0004,686,000,0004,527,000,0004,258,000,0003,854,000,0003,452,000,0002,973,100,0002,666,800,000
Other Income Or Grants
Cost Of Sales6,204,043,5865,470,855,1203,862,551,866995,325,6282,031,912,1794,320,423,2433,987,124,2553,423,261,5513,160,320,7443,224,111,5843,171,446,1572,989,083,0132,692,431,7022,410,192,1962,058,088,573
Gross Profit3,104,956,4142,700,144,8801,906,448,134462,674,372977,087,8212,064,576,7571,910,875,7451,623,738,4491,508,679,2561,461,888,4161,355,553,8431,268,916,9871,161,568,2981,041,807,804915,011,427
Admin Expenses2,515,956,4142,247,144,8801,933,448,1341,372,674,3721,876,087,8211,598,576,7571,447,875,7451,219,738,449998,679,256773,888,416774,553,843771,916,987830,568,298772,807,804741,411,427-60,100,000
Operating Profit589,000,000453,000,000-27,000,000-910,000,000-899,000,000466,000,000463,000,000404,000,000510,000,000688,000,000581,000,000497,000,000331,000,000269,000,000173,600,00060,100,000
Interest Payable132,000,000180,000,000143,000,000209,000,000491,000,00060,000,00030,000,00029,000,00013,000,00011,000,00011,000,00024,000,00025,000,00025,000,00023,200,00030,100,000
Interest Receivable141,000,000132,000,00026,000,00073,000,000117,000,00024,000,00012,000,00010,000,0004,000,0003,000,0004,000,00016,000,00010,000,00010,000,00010,800,00020,600,000
Pre-Tax Profit602,000,000432,000,000-208,000,000-1,036,000,000-1,273,000,000430,000,000445,000,000385,000,000507,000,000686,000,000581,000,000478,000,000317,000,000248,000,000154,000,00054,700,000
Tax-150,000,000-108,000,00039,000,000178,000,000194,000,000-81,000,000-87,000,000-80,000,000-70,000,000-138,000,000-131,000,000-80,000,000-62,000,000-23,000,000-32,700,00016,500,000
Profit After Tax452,000,000324,000,000-169,000,000-858,000,000-1,079,000,000349,000,000358,000,000305,000,000437,000,000548,000,000450,000,000398,000,000255,000,000225,000,000121,300,00071,200,000
Dividends Paid34,000,000174,000,000162,000,000214,000,000219,000,000180,000,000308,000,000
Retained Profit418,000,000324,000,000-169,000,000-858,000,000-1,079,000,000175,000,000196,000,00091,000,000218,000,000368,000,000142,000,000398,000,000255,000,000225,000,000121,300,00071,200,000
Employee Costs1,319,000,0001,132,000,000948,000,000623,000,000862,000,000944,000,000847,000,000717,000,000604,000,000582,000,000566,000,000517,000,000476,000,000432,000,000366,900,000342,900,000
Number Of Employees17,63915,93713,95113,68914,56614,75113,10411,65510,2739,8118,9878,3438,2067,7246,8876,478
EBITDA*1,359,000,0001,126,000,000512,000,000-454,000,000-396,000,000950,000,000463,000,000599,000,000679,000,000826,000,000687,000,000609,000,000436,000,000359,000,000290,100,000119,900,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets4,507,000,0004,142,000,0005,005,000,0005,026,000,0005,484,000,0005,483,000,0004,448,000,0003,693,000,0003,525,000,0003,057,000,0002,743,000,0002,497,000,0002,512,000,0002,280,000,0002,035,400,0001,743,700,000
Intangible Assets1,983,000,0001,569,000,000582,000,000582,000,000597,000,000561,000,000546,000,000544,000,000517,000,000492,000,000478,000,000467,000,000456,000,000451,000,000452,200,000447,100,000
Investments & Other53,000,00066,000,000158,000,000291,000,00089,000,000178,000,000186,000,00094,000,000161,000,00044,000,00036,000,00013,000,00021,000,00024,000,0008,200,0007,800,000
Debtors (Due After 1 year)169,000,000140,000,000156,000,000171,000,000142,000,000
Total Fixed Assets6,490,000,0005,711,000,0005,525,000,0005,608,000,0005,910,000,0006,044,000,0004,994,000,0004,237,000,0004,042,000,0003,549,000,0003,221,000,0002,964,000,0002,968,000,0002,731,000,0002,487,600,0002,190,800,000
Stock & work in progress
Trade Debtors135,000,000110,000,00077,000,000291,000,00018,000,00079,000,000111,000,00091,000,00057,000,00058,000,00058,000,00092,000,000120,000,00081,000,00073,700,000155,500,000
Group Debtors
Misc Debtors348,000,000233,000,000290,000,000187,000,000223,000,000295,000,000184,000,000148,000,000148,000,000142,000,000102,000,000121,000,00084,000,000120,400,00086,300,000
Cash1,343,000,0002,925,000,0003,514,000,0003,536,000,0002,330,000,0001,576,000,0001,025,000,000711,000,000969,000,000945,000,0001,008,000,0001,013,000,000883,000,0001,490,000,000935,000,000812,900,000
misc current assets2,719,000,000862,000,0001,048,000,000338,000,00021,000,000217,000,000568,000,000748,000,000268,000,000128,000,00053,000,000241,000,000203,000,00083,000,000385,800,000427,500,000
total current assets4,545,000,0004,130,000,0004,929,000,0004,165,000,0002,563,000,0002,119,000,0001,999,000,0001,734,000,0001,442,000,0001,279,000,0001,261,000,0001,448,000,0001,327,000,0001,738,000,0001,514,900,0001,482,200,000
total assets11,035,000,0009,841,000,00010,454,000,0009,773,000,0008,473,000,0008,163,000,0006,993,000,0005,971,000,0005,484,000,0004,828,000,0004,482,000,0004,412,000,0004,295,000,0004,469,000,0004,002,500,0003,673,000,000
Bank overdraft
Bank loan88,000,00078,000,00078,000,000120,000,000146,000,000121,800,000113,800,000
Trade Creditors 357,000,000402,000,000431,000,0001,128,000,000323,000,000339,000,000329,000,000201,000,000126,000,000101,000,000134,000,000117,000,000109,000,00090,000,00079,200,00099,200,000
Group/Directors Accounts
other short term finances416,000,000433,000,000437,000,000300,000,0001,339,000,00033,000,00090,000,000367,000,000
hp & lease commitments227,000,000217,000,000247,000,000189,000,000224,000,000219,000,0007,000,0009,000,00012,000,000106,000,00025,000,0009,000,0009,000,0009,000,0005,600,0003,800,000
other current liabilities3,471,000,0003,092,000,0002,563,000,0001,060,000,0001,940,000,0002,110,000,0001,691,000,0001,370,000,0001,064,000,0001,473,000,0001,183,000,0001,175,000,0001,026,000,000932,000,000858,000,000845,400,000
total current liabilities4,471,000,0004,144,000,0003,678,000,0002,677,000,0003,826,000,0002,668,000,0002,060,000,0001,670,000,0001,569,000,0001,768,000,0001,420,000,0001,379,000,0001,264,000,0001,177,000,0001,064,600,0001,062,200,000
loans5,325,000,0004,482,000,0007,252,000,0007,914,000,0004,545,000,0003,438,000,0001,950,000,0002,014,000,0001,377,000,000745,000,000967,000,0001,225,000,0001,680,000,0002,317,000,0002,173,200,0002,008,600,000
hp & lease commitments947,000,000772,000,000866,000,000890,000,000486,000,000359,000,000103,000,000173,000,000196,000,000212,000,000149,400,000106,100,000
Accruals and Deferred Income4,000,0004,000,0005,000,0006,000,00018,000,00025,000,00036,000,00047,000,00062,000,00068,000,00046,000,00059,000,00056,600,00052,600,000
other liabilities10,000,0007,000,00024,000,00076,000,000
provisions1,786,000,0001,310,000,0001,178,000,000840,000,000856,000,0001,498,000,0001,414,000,000934,000,000944,000,000682,000,000666,000,000630,000,000678,000,000712,000,000584,000,000490,600,000
total long term liabilities3,591,000,0002,910,000,0004,243,000,0004,457,000,0002,748,000,0002,510,000,0001,700,000,0001,499,000,0001,221,000,000811,000,000890,000,0001,016,000,0001,237,000,0001,587,000,0001,437,200,0001,303,500,000
total liabilities8,062,000,0007,054,000,0007,921,000,0007,134,000,0006,574,000,0005,178,000,0003,760,000,0003,169,000,0002,790,000,0002,579,000,0002,310,000,0002,395,000,0002,501,000,0002,764,000,0002,501,800,0002,365,700,000
net assets2,973,000,0002,787,000,0002,533,000,0002,639,000,0001,899,000,0002,985,000,0003,233,000,0002,802,000,0002,694,000,0002,249,000,0002,172,000,0002,017,000,0001,794,000,0001,705,000,0001,500,700,0001,307,300,000
total shareholders funds2,973,000,0002,787,000,0002,533,000,0002,639,000,0001,899,000,0002,985,000,0003,233,000,0002,802,000,0002,694,000,0002,249,000,0002,172,000,0002,017,000,0001,794,000,0001,705,000,0001,500,700,0001,307,300,000
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit589,000,000453,000,000-27,000,000-910,000,000-899,000,000466,000,000463,000,000404,000,000510,000,000688,000,000581,000,000497,000,000331,000,000269,000,000173,600,00060,100,000
Depreciation727,000,000644,000,000539,000,000456,000,000485,000,000484,000,000181,000,000157,000,000125,000,000106,000,000102,000,00097,000,00083,000,00072,500,00055,400,000
Amortisation43,000,00029,000,00018,000,00014,000,00012,000,00013,000,00010,000,0008,000,0007,000,00044,000,0004,400,000
Tax-150,000,000-108,000,00039,000,000178,000,000194,000,000-81,000,000-87,000,000-80,000,000-70,000,000-138,000,000-131,000,000-80,000,000-62,000,000-23,000,000-32,700,00016,500,000
Stock
Debtors169,000,000-40,000,000232,000,000-85,000,000-68,000,00038,000,000131,000,00070,000,000-1,000,0006,000,0006,000,000-47,000,00076,000,000-29,100,000-47,700,000241,800,000
Creditors-45,000,000-29,000,000-697,000,000805,000,000-16,000,00010,000,000128,000,00075,000,00025,000,000-33,000,00017,000,0008,000,00019,000,00010,800,000-20,000,00099,200,000
Accruals and Deferred Income379,000,000525,000,0001,503,000,000-881,000,000-171,000,000407,000,000314,000,000295,000,000-420,000,000275,000,0002,000,000171,000,00081,000,00076,400,00016,600,000898,000,000
Deferred Taxes & Provisions476,000,000132,000,000338,000,000-16,000,000-642,000,00084,000,000480,000,000-10,000,000262,000,00016,000,00036,000,000-48,000,000-34,000,000128,000,00093,400,000490,600,000
Cash flow from operations1,850,000,0001,686,000,0001,463,000,000-283,000,000-963,000,0001,332,000,0001,167,000,000809,000,000477,000,000940,000,000605,000,000707,000,000364,000,000580,300,000395,100,0001,382,400,000
Investing Activities
capital expenditure-1,549,000,000-797,000,000-518,000,00017,000,000-540,000,000-1,534,000,000-757,000,000-390,000,000-662,000,000-466,000,000-363,000,000-108,000,000-342,000,000-333,400,000-413,300,000-2,250,600,000
Change in Investments-13,000,000-92,000,000-133,000,000202,000,000-89,000,000-8,000,00092,000,000-67,000,000117,000,0008,000,00023,000,000-8,000,000-3,000,00015,800,000400,0007,800,000
cash flow from investments-1,536,000,000-705,000,000-385,000,000-185,000,000-451,000,000-1,526,000,000-849,000,000-323,000,000-779,000,000-474,000,000-386,000,000-100,000,000-339,000,000-349,200,000-413,700,000-2,258,400,000
Financing Activities
Bank loans-88,000,00010,000,000-42,000,000-26,000,00024,200,0008,000,000113,800,000
Group/Directors Accounts
Other Short Term Loans -17,000,000-4,000,000137,000,000-1,039,000,0001,339,000,000-33,000,000-57,000,000-277,000,000367,000,000
Long term loans843,000,000-2,770,000,000-662,000,0003,369,000,0001,107,000,0001,488,000,000-64,000,000637,000,000632,000,000-222,000,000-258,000,000-455,000,000-637,000,000143,800,000164,600,0002,008,600,000
Hire Purchase and Lease Commitments185,000,000-124,000,00034,000,000369,000,000132,000,000571,000,000-2,000,000-106,000,0009,000,000-92,000,000189,000,000-196,000,000-16,000,00066,000,00045,100,000109,900,000
other long term liabilities3,000,000-17,000,000-52,000,00076,000,000
share issue-232,000,000-70,000,00063,000,0001,598,000,000-7,000,000-423,000,000235,000,00017,000,000227,000,000-291,000,00013,000,000-175,000,000-166,000,000-20,700,00072,100,0001,236,100,000
interest9,000,000-48,000,000-117,000,000-136,000,000-374,000,000-36,000,000-18,000,000-19,000,000-9,000,000-8,000,000-7,000,000-8,000,000-15,000,000-15,000,000-12,400,000-9,500,000
cash flow from financing791,000,000-3,033,000,000-597,000,0004,237,000,0002,197,000,0001,567,000,00094,000,000252,000,0001,138,000,000-603,000,000-63,000,000-876,000,000-860,000,000198,300,000277,400,0003,458,900,000
cash and cash equivalents
cash-1,582,000,000-589,000,000-22,000,0001,206,000,000754,000,000551,000,000314,000,000-258,000,00024,000,000-63,000,000-5,000,000130,000,000-607,000,000555,000,000122,100,000812,900,000
overdraft
change in cash-1,582,000,000-589,000,000-22,000,0001,206,000,000754,000,000551,000,000314,000,000-258,000,00024,000,000-63,000,000-5,000,000130,000,000-607,000,000555,000,000122,100,000812,900,000

easyjet plc Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Easyjet Plc Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for easyjet plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in LU2 area or any other competitors across 12 key performance metrics.

easyjet plc Ownership

EASYJET PLC group structure

Easyjet Plc has 4 subsidiary companies.

EASYJET PLC Shareholders

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easyjet plc directors

Easyjet Plc currently has 10 directors. The longest serving directors include Mrs Catherine Bradley (Jan 2020) and Mr David Robbie (Nov 2020).

officercountryagestartendrole
Mrs Catherine Bradley66 years Jan 2020- Director
Mr David Robbie61 years Nov 2020- Director
Mr Alistair JarvisUnited Kingdom57 years Feb 2021- Director
Mr Stephen Hester64 years Sep 2021- Director
Mrs Ryanne Van Der EijkUnited Kingdom56 years Sep 2022- Director
Dr Detlef TrefzgerUnited Kingdom62 years Sep 2022- Director
Mr Harald EisenacherUnited Kingdom58 years Sep 2022- Director
Ms Susan Clark60 years Mar 2023- Director
Mr Jan De RaeymaekerUnited Kingdom48 years Jan 2025- Director
Ms Julie ChakravertyUnited Kingdom53 years Jan 2025- Director

P&L

September 2024

turnover

9.3b

+14%

operating profit

589m

+30%

gross margin

33.4%

+0.93%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2024

net assets

3b

+0.07%

total assets

11b

+0.12%

cash

1.3b

-0.54%

net assets

Total assets minus all liabilities

easyjet plc company details

company number

03959649

Type

Public limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

March 2000

age

25

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

September 2024

previous names

easyjet limited (October 2000)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

hangar 89 london luton airport, luton, bedfordshire, LU2 9PF

Bank

-

Legal Advisor

-

easyjet plc 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 5 charges/mortgages relating to easyjet plc. Currently there are 4 open charges and 1 have been satisfied in the past.

easyjet plc 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.

Click to start generating capital raising & share issue transactions for EASYJET PLC. This can take several minutes, an email will notify you when this has completed.

easyjet plc Companies House Filings - See Documents

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