The Little Jet Company Limited

The Little Jet Company Limited is a small, active company based in Cheltenham, UK, established ten years ago in 2014. With eight employees and £593,753 in assets, it operates as a solo-founded venture led by a single director and owner, Bishop Jason Charles. The company's registered address is a real one, with only one other company registered there. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company is involved in non-scheduled passenger air transport and is an irregular importer, with its top import category being railway and tramway vehicles and parts, last imported one month ago in 2020.

The company also owns Regency Jet Ltd, and its website isn’s available for review.

Financially, The Little Jet Company Limited presents a concerning picture. While fixed assets remained stable, cash reserves plummeted by a staggering 79%, falling to just £32,000. Current assets also experienced a sharp decline of 38%, dropping to £590,000. Debtors have decreased by 31%, but creditors have increased by 33%, suggesting a reliance on borrowing. Equity has also suffered a significant drop of 69%, shrinking to £220,000. Bank borrowings have increased by 77%, reaching £140,000. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

These trends suggest the company is burning through cash. While it’s possible this is a temporary setback, the significant declines in cash and equity raise concerns about its long-term financial health. The company’s small size and solo founder structure might make it difficult to navigate these challenges, but its focus on a niche air transport market could offer some resilience.

Registered in England/Wales under the registration number 09075915, with a registered address at GL51 6SR, Cheltenham, Gloucestershire, Hangar Se48 Gloucestershire Airport, Staverton.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.