JECO 2 LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-08 (in 10mo)
Last made up 2026-02-22
Watchouts
Cash
£29M
+3,341.5% vs 2024
Net assets
£387M
+38.2% vs 2024
Employees
—
Average over period
Profit before tax
£69M
+97.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£32,158 | -£29,874 | |
| Profit before tax | £35,179,110 | £69,466,049 | |
| Net profit | £31,320,340 | £61,850,056 | |
| Cash | £852,124 | £29,325,814 | |
| Total assets less current liabilities | £280,277,423 | £387,290,267 | |
| Net assets | £280,277,423 | £387,290,267 | |
| Equity | £280,277,423 | £387,290,267 | |
| Average employees | — | — | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Return on capital employed | -0.0% | -0.0% | |
| Gearing (liabilities / total assets) | 0.0% | 0.0% | |
| Current ratio | 8.58x | 296.01x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- JECO 2 LTD · parent
- Minera Escondida Limitada 2.5%
Significant events
- “The Company received dividends of $17,500,000 on 26 June 2025 and $20,000,000 on 29 September 2025 from MEL (before Chilean withholding taxes).”
- “The Company paid interim dividends on: - 22 April 2025 of $15,200,000 to JX Advanced Metals Corporation, $3,800,000 to MM UK Investment Ltd and $19,000,000 to MC, and - 10 October 2025 of $13,200,000 to JX Advanced Metals Corporation, $3,300,000 to MM UK Investment Ltd and $16,500,000 to MC.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 51 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ICHIKAWA, Takeshi, Mr. | Director | 2026-04-01 | Oct 1972 | Japanese |
| KITAMURA, Takuya, Mr. | Director | 2026-04-01 | Oct 1990 | Japanese |
| MOCHIHARA, Noriaki, Mr. | Director | 2024-04-01 | Dec 1974 | Japanese |
| NAKAMURA, Shigetoshi, Mr. | Director | 2017-10-17 | Aug 1968 | Japanese |
| UNO, Takao, Mr. | Director | 2025-04-17 | May 1985 | Japanese |
| YOSHIDA, Masataka, Mr. | Director | 2025-10-20 | Feb 1987 | Japanese |
Show 51 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ABE, Kota, Mr. | Director | 2018-11-01 | 2021-06-18 |
| ABE, Kota | Director | 2010-06-30 | 2012-11-06 |
| ARIGA, Yukiko, Ms. | Director | 2021-06-18 | 2021-09-28 |
| ARIGA, Yukiko, Ms. | Director | 2018-12-14 | 2019-06-19 |
| ARIGA, Yukiko, Ms. | Director | 2018-06-15 | 2018-11-01 |
| DEGUCHI, Masahiro, Mr. | Director | 2014-04-14 | 2014-10-01 |
| DOI, Takeaki, Mr. | Director | 2019-06-19 | 2020-12-22 |
| FUSE, Tatsuya, Mr. | Director | 2012-11-06 | 2013-05-20 |
| GOTO, Keiichi, Mr. | Director | 2010-02-22 | 2013-05-01 |
| HOSHINO, Keisuke | Director | 2010-02-22 | 2010-05-27 |
| IDA, Ryuji | Director | 2013-10-01 | 2016-04-01 |
| INOUE, Tatsuya, Mr. | Director | 2016-01-01 | 2017-04-01 |
| ISHIKAWA, Kazuma, Mr. | Director | 2010-02-22 | 2011-10-01 |
| ITOI, Yusuke, Mr. | Director | 2021-09-28 | 2022-03-01 |
| IWATSUBO, Masatoshi, Mr. | Director | 2021-06-18 | 2024-04-01 |
| KONDO, Takao, Mr. | Director | 2017-04-01 | 2018-04-01 |
| KUBO, Susumu | Director | 2013-05-01 | 2014-07-10 |
| MAEO, Kojiro | Director | 2019-04-01 | 2022-04-01 |
| MASAKI, Nobuharu | Director | 2018-11-01 | 2020-07-01 |
| MASUDA, Koji | Director | 2010-02-22 | 2010-05-07 |
| NAGASE, Junya | Director | 2016-04-01 | 2019-04-01 |
| NAKAZATO, Shinjiro, Mr. | Director | 2012-05-01 | 2013-10-01 |
| NAMBU, Toru, Mr. | Director | 2011-10-01 | 2015-02-26 |
| NARUI, Eiichi, Mr. | Director | 2014-07-10 | 2017-10-17 |
| NOGUCHI, Kazuhiko, Mr. | Director | 2011-06-29 | 2016-01-01 |
| OHASHI, Kei, Mr. | Director | 2020-12-22 | 2024-02-01 |
| OKAYAMA, Yasushi, Mr. | Director | 2017-04-01 | 2018-04-01 |
| SAOTOME, Natsuki, Mr. | Director | 2020-07-01 | 2021-04-01 |
| SATO, Toshiaki, Mr. | Director | 2016-04-01 | 2016-10-01 |
| SHIBUYA, Yoshikatsu, Mr. | Director | 2010-02-22 | 2011-05-01 |
| SHIMODA, Tomoya, Mr. | Director | 2012-05-01 | 2014-04-14 |
| SHIOBARA, Keiichi | Director | 2015-02-26 | 2016-04-01 |
| SUZUKI, Yuhi, Mr. | Director | 2022-03-01 | 2025-04-17 |
| TAKAHASHI, Wataru, Mr. | Director | 2011-05-01 | 2012-05-01 |
| TAKAYANAGI, Nobuhiro | Director | 2010-05-07 | 2011-06-29 |
| TAKEMURA, Hideyuki, Mr. | Director | 2024-04-19 | 2026-04-01 |
| TANAKA, Norikazu | Director | 2010-05-27 | 2012-05-01 |
| TANI, Kenji | Director | 2010-02-22 | 2010-06-29 |
| TODOKORO, Norio, Mr. | Director | 2021-04-01 | 2026-04-01 |
| TOMITA, Kotaro | Director | 2022-04-01 | 2024-04-19 |
| TSUCHIDA, Miho, Ms. | Director | 2016-11-18 | 2018-12-14 |
| TSUCHIYA, Koichiro, Mr. | Director | 2016-10-01 | 2018-11-01 |
| TSUTSUMI, Norihide, Mr. | Director | 2018-04-01 | 2018-06-15 |
| TSUTSUMI, Norihide, Mr. | Director | 2010-06-29 | 2012-05-01 |
| TSUTSUMI, Norihide | Director | 2010-06-29 | 2010-06-29 |
| UCHINO, Koji, Mr. | Director | 2015-11-01 | 2017-04-01 |
| YAGYU, Haruto, Mr. | Director | 2024-02-01 | 2025-10-20 |
| YAMAWAKI, Masumi | Director | 2013-05-20 | 2014-04-14 |
| YANO, Kazufumi, Mr. | Director | 2018-04-01 | 2021-06-18 |
| YAZAWA, Hiroyuki, Mr. | Director | 2014-04-14 | 2015-11-01 |
| YOSHINARI, Yuichiro, Mr. | Director | 2014-10-01 | 2016-11-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mitsubishi Corporation | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Eneos Holdings Inc. | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 156 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-11 | AA | accounts | Accounts with accounts type full | |
| 2025-10-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-29 | CH01 | officers | Change person director company with change date | |
| 2025-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-27 | AA | accounts | Accounts with accounts type full | |
| 2024-04-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-15 | CH01 | officers | Change person director company with change date | |
| 2024-04-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-02 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
+3,341.5%
£852,124 £29,325,814
-
Net assets
+38.2%
£280,277,423 £387,290,267
-
Employees
—
Not reported
-
Operating profit
+7.1%
-£32,158 -£29,874
-
Profit before tax
+97.5%
£35,179,110 £69,466,049
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers