UK Companies House feature
ARAJET HOLDINGS LIMITED
Cash
£59K
-95.4% vs 2023
Net assets
£238M
+33.5% vs 2023
Employees
0
Average over period
Profit before tax
£30M
+4.3% vs 2023
Profile
- Company number
- 11142451
- Status
- Active
- Incorporation
- 2018-01-10
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 51101
Net assets
7-year trend · vs UK Logistics & Mobility median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2020-01-31 | 2021-01-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | £28,420,738 | £29,648,066 | |
| Profit before tax | — | — | — | — | — | £28,420,738 | £29,648,066 | |
| Net profit | — | — | — | — | — | £28,420,738 | £29,648,066 | |
| Cash | £100 | £100 | £45 | £3,627,025 | £3,296,417 | £1,303,159 | £59,412 | |
| Total assets less current liabilities | — | — | -£229,508 | £56,783,237 | — | £177,921,805 | £237,569,971 | |
| Net assets | £100 | £100 | -£229,508 | £56,783,237 | — | £177,921,805 | £237,569,971 | |
| Equity | £100 | £100 | -£229,508 | £56,783,237 | £129,501,130 | £177,921,805 | £237,569,971 | |
| Average employees | — | — | 2 | 5 | — | 0 | 0 | |
| Wages | — | — | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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.”
Subsidiaries
- Arajet UK Limited · 100% held · England and Wales · Dormant
- Arajet S.A. · 99.9% held · Panamá · Airline operator
- Arajet US Funding 1, LLC · 100% held · DE · Funding company
- Arajet US Funding 2, LLC · 100% held · DE · Funding company
- Arajet US Funding 3, LLC · 100% held · DE · Funding company
- Arajet US Funding 4, LLC · 100% held · DE · Funding company
- Arajet US Funding 5, LLC · 100% held · DE · Funding company
- Arajet Financial Solutions, LLC · 100% held · DE · Funding company
Significant events
- “There have been no significant events affecting the company since the year end.”
- “A share issue of 10,751,872 Series A shares each with a nominal value of $0.10 were issued to shareholders at a premium of $1.76 per share on 24 March 2025. There is no financial impact on the financial statements for this reporting period arising from the issue due to the shares being fully paid post year-end.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EVANS, Matthew | Director | 2022-01-31 | Oct 1986 | American |
| MCKENNA, Ryan | Director | 2022-01-31 | Oct 1982 | American |
| PACHECO MENDEZ, Victor Miguel | Director | 2018-03-05 | Jun 1982 | Dominican |
| ROBINSON, Jeffrey | Director | 2022-01-31 | Oct 1969 | American |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| POWELL, Michael Glyn | Director | 2018-01-10 | 2022-05-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pachas Inc | Corporate entity | Shares 25–50%, Voting 25–50% | 2021-08-04 | Ceased 2021-08-04 |
| Michael Glyn Powell | Individual | Shares 25–50%, Voting 25–50% | 2021-07-12 | Ceased 2022-01-31 |
| Mr Victor Miguel Pacheco Méndez | Individual | Shares 25–50%, Voting 25–50% | 2021-07-12 | Ceased 2022-01-31 |
| Mr Victor Miguel Pacheco Mendez | Individual | Shares 25–50%, Voting 25–50% | 2021-07-12 | Ceased 2021-08-04 |
| Mr Michael Powell | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-01-10 | Ceased 2021-07-12 |
Filing timeline
Last 20 of 71 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-03 | MA | incorporation | memorandum articles |
| 2026-01-03 | RESOLUTIONS | resolution | resolution |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-05-23 | AA | accounts | accounts with accounts type full |
| 2025-04-17 | SH01 | capital | capital allotment shares |
| 2025-03-13 | RESOLUTIONS | resolution | resolution |
| 2025-02-19 | RESOLUTIONS | resolution | resolution |
| 2025-02-10 | RESOLUTIONS | resolution | resolution |
| 2025-01-23 | RESOLUTIONS | resolution | resolution |
| 2025-01-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-31 | SH01 | capital | capital allotment shares |
| 2024-09-18 | SH01 | capital | capital allotment shares |
| 2024-09-13 | RESOLUTIONS | resolution | resolution |
| 2024-04-05 | AD01 | address | change registered office address company with date old address new address |
| 2024-03-05 | SH01 | capital | capital allotment shares |
| 2024-02-25 | RESOLUTIONS | resolution | resolution |
| 2024-01-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-01-18 | AA | accounts | accounts with accounts type total exemption full |
| 2023-11-14 | SH01 | capital | capital allotment shares |
| 2023-10-23 | RESOLUTIONS | resolution | resolution |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
1664.62
SAFE
Altman Z″
- Working capital / Total assets 0.474 × 6.56 = +3.11
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.125 × 6.72 = +0.84
- Book equity / Total liabilities 1581.596 × 1.05 = +1660.68
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory