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Arajet Holdings Limited

11142451

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

DUO, LEVEL 6, LONDON, EC2M 4RB
Incorporated 10/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

51101
Scheduled passenger air transport

Officers

Mr Victor Miguel Pacheco Mendez

director · Since 05/03/2018

COMPANY DIRECTOR

DOMINICAN · DOMINICAN REPUBLIC · Age 44

Mr Matthew Evans

director · Since 31/01/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 39

Also on 2 other boards

Mr Ryan Mckenna

director · Since 31/01/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 43

Also on 1 other board

Henry Addison Clark Euhus

director · Since 14/05/2026

AMERICAN · UNITED STATES · Age 32

Persons with Significant Control

Former PSCs

Mr Michael Powell

Ceased 12/07/2021

Mr Victor Miguel Pacheco Mendez

Ceased 04/08/2021

Michael Glyn Powell

Ceased 31/01/2022

Mr Victor Miguel Pacheco Méndez

Ceased 31/01/2022

Pachas Inc

Ceased 04/08/2021

CompanyRankvs 51+ SIC 51101 peers
63

Financial strength100th percentile among SIC peers · 25/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 750.42× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Net Worth

£237.6M

Balance sheet strength

Cash

£59k

Cash in the bank

Profit Before Tax

£29.6M

Bottom line earnings

Net Current Assets

£112.6M

Working capital

Current Assets

£112.7M

Current Liabilities

£150k

Fixed Assets

£125.0M

Debtors

£112.7M

Admin Expenses

£352k

Operating Profit

£29.6M

Profit After Tax

£29.6M

0avg. employees-5

Balance Sheet

Assets less current liabilities£237.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
2024750.42+£180.8M
202212.79

Derived from filed accounts. Not audited figures.