jets (biggin hill) limited
jets (biggin hill) limited Company Information
Company Number
06113549
Website
sovereignbusinessjets.comRegistered Address
montague place quayside, chatham maritime, chatham, ME4 4QU
Industry
Non-scheduled passenger air transport
Telephone
01959788042
Next Accounts Due
May 2024
Group Structure
View All
Directors
- Years
Shareholders
groupjet ltd 100%
jets (biggin hill) limited Estimated Valuation
Pomanda estimates the enterprise value of JETS (BIGGIN HILL) LIMITED at £2m based on a Turnover of £4m and 0.5x industry multiple (adjusted for size and gross margin).
jets (biggin hill) limited Estimated Valuation
Pomanda estimates the enterprise value of JETS (BIGGIN HILL) LIMITED at £0 based on an EBITDA of £-636.2k and a 3.51x industry multiple (adjusted for size and gross margin).
jets (biggin hill) limited Estimated Valuation
Pomanda estimates the enterprise value of JETS (BIGGIN HILL) LIMITED at £0 based on Net Assets of £-1.5m and 3.08x industry multiple (adjusted for liquidity).
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Jets (biggin Hill) Limited Overview
Jets (biggin Hill) Limited is a dissolved company that was located in chatham, ME4 4QU with a Companies House number of 06113549. It operated in the non-scheduled passenger air transport sector, SIC Code 51102. Founded in February 2007, it's largest shareholder was groupjet ltd with a 100% stake. The last turnover for Jets (biggin Hill) Limited was estimated at £4m.
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Jets (biggin Hill) Limited Health Check
Pomanda's financial health check has awarded Jets (Biggin Hill) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £4m, make it smaller than the average company (£7.9m)
£4m - Jets (biggin Hill) Limited
£7.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Jets (biggin Hill) Limited
- - Industry AVG
Production
with a gross margin of 24.4%, this company has a lower cost of product (18.6%)
24.4% - Jets (biggin Hill) Limited
18.6% - Industry AVG
Profitability
an operating margin of -17.1% make it less profitable than the average company (1.8%)
-17.1% - Jets (biggin Hill) Limited
1.8% - Industry AVG
Employees
with 17 employees, this is below the industry average (53)
- Jets (biggin Hill) Limited
53 - Industry AVG
Pay Structure
on an average salary of £51.1k, the company has an equivalent pay structure (£51.1k)
- Jets (biggin Hill) Limited
£51.1k - Industry AVG
Efficiency
resulting in sales per employee of £236k, this is equally as efficient (£247.8k)
- Jets (biggin Hill) Limited
£247.8k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (32 days)
71 days - Jets (biggin Hill) Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 114 days, this is slower than average (26 days)
114 days - Jets (biggin Hill) Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (23 days)
17 days - Jets (biggin Hill) Limited
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Jets (biggin Hill) Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 214.6%, this is a higher level of debt than the average (73.9%)
214.6% - Jets (biggin Hill) Limited
73.9% - Industry AVG
jets (biggin hill) limited Credit Report and Business Information
Jets (biggin Hill) Limited Competitor Analysis
Perform a competitor analysis for jets (biggin hill) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
jets (biggin hill) limited Ownership
JETS (BIGGIN HILL) LIMITED group structure
Jets (Biggin Hill) Limited has no subsidiary companies.
jets (biggin hill) limited directors
Jets (Biggin Hill) Limited currently has 1 director, undefined undefined serving since - .
| officer | country | age | start | end | role |
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JETS (BIGGIN HILL) LIMITED financials
Jets (Biggin Hill) Limited's latest turnover from December 2015 is £4 million and the company has net assets of -£1.5 million. According to their latest financial statements, we estimate that Jets (Biggin Hill) Limited has 17 employees and maintains cash reserves of £4.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Turnover | 4,011,745 | 4,199,869 | 3,574,047 | 0 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 3,033,964 | 3,090,555 | 2,398,566 | 0 | |||
| Gross Profit | 977,781 | 1,109,314 | 1,175,481 | 0 | |||
| Admin Expenses | 1,664,485 | 1,732,930 | 1,679,218 | 0 | |||
| Operating Profit | -686,704 | -623,616 | -503,737 | 0 | |||
| Interest Payable | 232 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 12 | 0 | 0 | |||
| Pre-Tax Profit | -686,936 | -306,118 | -503,737 | 0 | |||
| Tax | 0 | 0 | 0 | 0 | |||
| Profit After Tax | -686,936 | -306,118 | -503,737 | 0 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | |||
| Retained Profit | -686,936 | -306,118 | -503,737 | 0 | |||
| Employee Costs | 0 | ||||||
| Number Of Employees | |||||||
| EBITDA* | -636,187 | -584,110 | -469,581 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 78,263 | 90,772 | 107,240 | 68,847 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 100,000 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 78,263 | 190,772 | 107,240 | 68,847 | 0 | 0 | 0 |
| Stock & work in progress | 142,130 | 143,533 | 94,289 | 137,804 | 0 | 0 | 0 |
| Trade Debtors | 790,806 | 183,141 | 574,922 | 0 | 0 | 0 | 0 |
| Group Debtors | 17,841 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 272,296 | 212,512 | 100,902 | 0 | 0 | 0 | 0 |
| Cash | 4,816 | 211,557 | 16,197 | 100 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,227,889 | 750,743 | 786,310 | 137,904 | 0 | 0 | 0 |
| total assets | 1,306,152 | 941,515 | 893,550 | 206,751 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 949,405 | 669,182 | 531,296 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,262,624 | 567,225 | 628,000 | 115,354 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 19,080 | 6,380 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 561,633 | 492,002 | 221,206 | 91,297 | 0 | 0 | 0 |
| total current liabilities | 2,792,742 | 1,734,789 | 1,380,502 | 206,651 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 10,101 | 16,481 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 10,101 | 16,481 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,802,843 | 1,751,270 | 1,380,502 | 206,651 | 0 | 0 | 0 |
| net assets | -1,496,691 | -809,755 | -486,952 | 100 | 0 | 0 | 0 |
| total shareholders funds | -1,496,691 | -809,755 | -486,952 | 100 | 0 | 0 | 0 |
| Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -686,704 | -623,616 | -503,737 | 0 | |||
| Depreciation | 50,517 | 39,506 | 34,156 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | |||
| Tax | 0 | 0 | 0 | 0 | |||
| Stock | -1,403 | 49,244 | -43,515 | 137,804 | 0 | 0 | 0 |
| Debtors | 585,290 | -180,171 | 675,824 | 0 | 0 | 0 | 0 |
| Creditors | 280,223 | 137,886 | 531,296 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 69,631 | 270,796 | 129,909 | 91,297 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -870,220 | -44,501 | -440,685 | -46,507 | |||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 695,399 | -60,775 | 512,646 | 115,354 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 6,320 | 22,861 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -232 | 12 | 0 | 0 | |||
| cash flow from financing | 701,487 | -54,587 | 529,331 | 115,454 | |||
| cash and cash equivalents | |||||||
| cash | -206,741 | 195,360 | 16,097 | 100 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -206,741 | 195,360 | 16,097 | 100 | 0 | 0 | 0 |
P&L
December 2015turnover
4m
-4%
operating profit
-686.7k
+10%
gross margin
24.4%
-7.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2015net assets
-1.5m
+0.85%
total assets
1.3m
+0.39%
cash
4.8k
-0.98%
net assets
Total assets minus all liabilities
jets (biggin hill) limited company details
company number
06113549
Type
Private limited with Share Capital
industry
51102 - Non-scheduled passenger air transport
incorporation date
February 2007
age
17
accounts
Full Accounts
ultimate parent company
previous names
fly euromanx limited (December 2012)
incorporated
UK
address
montague place quayside, chatham maritime, chatham, ME4 4QU
last accounts submitted
December 2015
jets (biggin hill) 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 jets (biggin hill) limited.
jets (biggin hill) limited Companies House Filings - See Documents
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