jet connections limited

jet connections limited Company Information

Share JET CONNECTIONS LIMITED
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Company Number

05066701

Industry

Non-scheduled passenger air transport

 

Directors

Marion Deir

Zaher Deir

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Shareholders

marion edna deir

zaher deir

Group Structure

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Contact

Registered Address

4 witan way, witney, OX28 6FF

jet connections limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of JET CONNECTIONS LIMITED at £1.4m based on a Turnover of £2.2m and 0.62x industry multiple (adjusted for size and gross margin).

jet connections limited Estimated Valuation

£0

Pomanda estimates the enterprise value of JET CONNECTIONS LIMITED at £0 based on an EBITDA of £-33.8k and a 3.3x industry multiple (adjusted for size and gross margin).

jet connections limited Estimated Valuation

£0

Pomanda estimates the enterprise value of JET CONNECTIONS LIMITED at £0 based on Net Assets of £-67.9k and 2.63x industry multiple (adjusted for liquidity).

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Jet Connections Limited Overview

Jet Connections Limited is a live company located in witney, OX28 6FF with a Companies House number of 05066701. It operates in the non-scheduled passenger air transport sector, SIC Code 51102. Founded in March 2004, it's largest shareholder is marion edna deir with a 50% stake. Jet Connections Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.2m with declining growth in recent years.

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Jet Connections Limited Health Check

Pomanda's financial health check has awarded Jet Connections Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £2.2m, make it smaller than the average company (£16.9m)

£2.2m - Jet Connections Limited

£16.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7.2%)

-1% - Jet Connections Limited

7.2% - Industry AVG

production

Production

with a gross margin of 15.8%, this company has a comparable cost of product (15.8%)

15.8% - Jet Connections Limited

15.8% - Industry AVG

profitability

Profitability

an operating margin of -1.6% make it less profitable than the average company (2.3%)

-1.6% - Jet Connections Limited

2.3% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (62)

4 - Jet Connections Limited

62 - Industry AVG

paystructure

Pay Structure

on an average salary of £61.8k, the company has an equivalent pay structure (£61.8k)

£61.8k - Jet Connections Limited

£61.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £557.1k, this is more efficient (£276.3k)

£557.1k - Jet Connections Limited

£276.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (30 days)

10 days - Jet Connections Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 80 days, this is slower than average (27 days)

80 days - Jet Connections Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Jet Connections Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (9 weeks)

35 weeks - Jet Connections Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 116.1%, this is a higher level of debt than the average (83.9%)

116.1% - Jet Connections Limited

83.9% - Industry AVG

JET CONNECTIONS LIMITED financials

EXPORTms excel logo

Jet Connections Limited's latest turnover from December 2023 is estimated at £2.2 million and the company has net assets of -£67.9 thousand. According to their latest financial statements, Jet Connections Limited has 4 employees and maintains cash reserves of £321.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover2,228,2202,303,6202,127,0562,279,3683,990,4805,419,80811,920,8928,443,1197,068,67111,185,1484,714,7168,373,1228,363,5682,331,8730
Other Income Or Grants000000000000000
Cost Of Sales1,875,4731,937,9911,776,6201,888,8343,180,0374,330,9979,668,9106,763,6865,754,6139,201,8773,857,5046,861,1586,585,6101,863,5310
Gross Profit352,747365,629350,436390,534810,4431,088,8112,251,9821,679,4341,314,0591,983,271857,2121,511,9641,777,958468,3420
Admin Expenses387,501541,443314,729346,534801,8401,083,3332,025,8161,702,3011,348,2121,933,749843,9251,248,5911,701,694590,090291,258
Operating Profit-34,754-175,81435,70744,0008,6035,478226,166-22,867-34,15349,52213,287263,37376,264-121,748-291,258
Interest Payable3,3753,8072,9741,52500000000000
Interest Receivable24,72522,9221,4404423,3482,8521,3648151,36450414689106135101
Pre-Tax Profit-13,404-156,69934,17442,91711,9518,330227,530-22,052-32,78950,02713,434263,46276,370-121,613-291,157
Tax00-6,493-8,154-2,271-1,583-43,23100-10,506-3,090-63,231-19,85600
Profit After Tax-13,404-156,69927,68134,7639,6806,747184,299-22,052-32,78939,52110,344200,23156,514-121,613-291,157
Dividends Paid000000000000000
Retained Profit-13,404-156,69927,68134,7639,6806,747184,299-22,052-32,78939,52110,344200,23156,514-121,613-291,157
Employee Costs247,273241,043226,066232,248292,333303,988241,442248,719255,5211,917,647912,4741,676,3901,804,607561,3620
Number Of Employees44445655540183438120
EBITDA*-33,827-174,84036,63044,7709,7816,927227,998-21,317-32,47951,58018,646267,04981,265-116,176-284,313

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets9841,7702,4152,9602,0173,1953,8534,3124,5854,4325,97310,36910,53312,35617,928
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets9841,7702,4152,9602,0173,1953,8534,3124,5854,4325,97310,36910,53312,35617,928
Stock & work in progress000000000000000
Trade Debtors66,08416,64415,492217,225313,840577,1871,375,882975,860625,441885,667332,395722,760642,55536,46812,218
Group Debtors000000000000000
Misc Debtors33,88490,69979,957117,409125,73340,625109,526114,547121,624000000
Cash321,336620,556689,265463,066421,287471,466289,074256,408395,505150,02851,6306,89928,72613,71540,470
misc current assets000000000000000
total current assets421,304727,899784,714797,700860,8601,089,2781,774,4821,346,8151,142,5701,035,695384,025729,659671,28150,18352,688
total assets422,288729,669787,129800,660862,8771,092,4731,778,3351,351,1271,147,1551,040,127389,998740,028681,81462,53970,616
Bank overdraft0010,1523,23500500000000
Bank loan10,00010,0000000000000000
Trade Creditors 413,429513,610510,009253,168619,419764,0801,603,9501,405,9971,035,0791,146,285535,677896,051926,930475,307357,686
Group/Directors Accounts000000000000111,13800
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities51,730235,423129,548423,002203,731298,346151,080106,129251,023000000
total current liabilities475,159759,033649,709679,405823,1501,062,4261,755,0351,512,1261,286,1021,146,285535,677896,0511,038,068475,307357,686
loans15,00025,00035,00046,76500000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000004,085
provisions61164249000000000000
total long term liabilities15,06125,16435,24946,76500000000004,085
total liabilities490,220784,197684,958726,170823,1501,062,4261,755,0351,512,1261,286,1021,146,285535,677896,0511,038,068475,307361,771
net assets-67,932-54,528102,17174,49039,72730,04723,300-160,999-138,947-106,158-145,679-156,023-356,254-412,768-291,155
total shareholders funds-67,932-54,528102,17174,49039,72730,04723,300-160,999-138,947-106,158-145,679-156,023-356,254-412,768-291,155
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-34,754-175,81435,70744,0008,6035,478226,166-22,867-34,15349,52213,287263,37376,264-121,748-291,258
Depreciation9279749237701,1781,4491,8321,5501,6742,0585,3593,6765,0015,5726,945
Amortisation000000000000000
Tax00-6,493-8,154-2,271-1,583-43,23100-10,506-3,090-63,231-19,85600
Stock000000000000000
Debtors-7,37511,894-239,185-104,939-178,239-867,596395,001343,342-138,602553,272-390,36580,205606,08724,25012,218
Creditors-100,1813,601256,841-366,251-144,661-839,870197,953370,918-111,206610,608-360,374-30,879451,623117,621357,686
Accruals and Deferred Income-183,693105,875-293,454219,271-94,615147,26644,951-144,894251,023000000
Deferred Taxes & Provisions-103-85249000000000000
Cash flow from operations-310,429-77,343232,958-5,425-53,527180,33632,670-138,635245,94098,41045,54792,734-93,055-22,80561,155
Investing Activities
capital expenditure-141-329-378-1,7130-791-1,373-1,277-1,827-517-963-3,512-3,1780-24,873
Change in Investments000000000000000
cash flow from investments-141-329-378-1,7130-791-1,373-1,277-1,827-517-963-3,512-3,1780-24,873
Financing Activities
Bank loans010,0000000000000000
Group/Directors Accounts00000000000-111,138111,13800
Other Short Term Loans 000000000000000
Long term loans-10,000-10,000-11,76546,76500000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000000000000-4,0854,085
share issue000000000000002
interest21,35019,115-1,534-1,0833,3482,8521,3648151,36450414689106135101
cash flow from financing11,35019,115-13,29945,6823,3482,8521,3648151,364504146-111,049111,244-3,9504,188
cash and cash equivalents
cash-299,220-68,709226,19941,779-50,179182,39232,666-139,097245,47798,39844,731-21,82715,011-26,75540,470
overdraft0-10,1526,9173,2350-5500000000
change in cash-299,220-58,557219,28238,544-50,179182,39732,661-139,097245,47798,39844,731-21,82715,011-26,75540,470

jet connections limited 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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Jet Connections Limited Competitor Analysis

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Perform a competitor analysis for jet connections limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in OX28 area or any other competitors across 12 key performance metrics.

jet connections limited Ownership

JET CONNECTIONS LIMITED group structure

Jet Connections Limited has no subsidiary companies.

Ultimate parent company

JET CONNECTIONS LIMITED

05066701

JET CONNECTIONS LIMITED Shareholders

marion edna deir 50%
zaher deir 50%

jet connections limited directors

Jet Connections Limited currently has 4 directors. The longest serving directors include Ms Marion Deir (Mar 2004) and Mr Zaher Deir (Mar 2004).

officercountryagestartendrole
Ms Marion DeirEngland65 years Mar 2004- Director
Mr Zaher Deir63 years Mar 2004- Director
Mr Tariq DeirEngland39 years Jan 2010- Director
Mrs Karla DeirUnited Kingdom36 years Jan 2020- Director

P&L

December 2023

turnover

2.2m

-3%

operating profit

-34.8k

0%

gross margin

15.9%

-0.26%

turnover

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

Balance Sheet

December 2023

net assets

-67.9k

+0.25%

total assets

422.3k

-0.42%

cash

321.3k

-0.48%

net assets

Total assets minus all liabilities

jet connections limited company details

company number

05066701

Type

Private limited with Share Capital

industry

51102 - Non-scheduled passenger air transport

incorporation date

March 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

4 witan way, witney, OX28 6FF

Bank

-

Legal Advisor

-

jet connections 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 did not find charges/mortgages relating to jet connections limited.

jet connections 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 connections limited Companies House Filings - See Documents

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