Manchester Jetline Limited
Private Limited Company · London
ActiveUnited KingdomIncorporated 1989Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£30,719,000
Cash
£513,000
Turnover
£6,336,000
Profit / loss
−£1,441,000
Current assets
£7,796,000
Creditors < 1 year
£1,573,000
Equity
£30,719,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £30,719,000 | £26,354,000 |
| Equity | £30,719,000 | £26,354,000 |
| Share capital | £2,250,000 | £2,250,000 |
| Retained earnings | £4,875,000 | £3,267,000 |
| Assets | ||
| Fixed assets | £32,158,000 | £28,455,000 |
| Property, plant & equipment | £32,158,000 | £28,455,000 |
| Current assets | £7,796,000 | £7,002,000 |
| Cash at bank | £513,000 | £234,000 |
| Debtors | £7,283,000 | £6,768,000 |
| Liabilities | ||
| Creditors | £9,235,000 | £9,103,000 |
| Creditors within one year | £1,573,000 | £2,360,000 |
| Creditors after one year | £7,662,000 | £6,743,000 |
| Profit & loss | ||
| Turnover | £6,336,000 | £6,276,000 |
| Operating profit | −£1,441,000 | −£463,000 |
| Profit before tax | −£1,441,000 | −£463,000 |
| Tax | — | −£193,000 |
| Profit / loss | −£1,441,000 | −£270,000 |
| Dividends | — | £3,500,000 |
| Operating costs | ||
| Depreciation | £3,163,000 | £2,592,000 |
| Cash flow | ||
| Cash from operations | £420,000 | £3,582,000 |
| Capital expenditure | £141,000 | — |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The business of the company is pipeline transportation of fuel, specifically aviation fuel.
- What it does
- pipeline transportation · aviation fuel · fuel pipeline · Manchester Airport (AI keywords)
- The year
- The Company reported turnover of £6,336,000 (2024 unaudited: £6,276,000). The Company incurred an operating loss of £1,441,000 (2024 unaudited: £463,000 loss), reflecting continued margin pressure, increased operating costs and depreciation associated with its asset base.
- Outlook
- The future growth of the business is inextricably linked to the continued expansion of Manchester Airport with the increase in flights leading directly to an increased demand for aviation fuel. Manchester airport is close to completing £1.3bn transformation programme which will lead to an increase in the airport’s capacity. Plans exist to continue this expansion which form part of the 2030 strategic plan.
- Auditor
- Deloitte LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Sidara Corporation Holding Limited · Dubai, United Arab Emirates
- Ultimate parent
- Dar Al-Handasah Consultants Shair & Partners Holdings Limited · Dubai, United Arab Emirates
- Ultimate controlling party
- Dar Al-Handasah Consultants Shair & Partners Holdings Limited
- Accounts
- Full accounts · FRS 101
- Approved
- 2026-06-29, signed by Bashar Rihani
Related parties (6)
- The Penspen Group Limited and its subsidiaries · related party · Purchases from related party · 574 (000s)
- The Penspen Group Limited and its subsidiaries · related party · Amounts owed to/by related party · 74 (000s)
- The Penspen Group Limited and its subsidiaries · related party · Purchases from related party · 312 (000s)
- The Penspen Group Limited and its subsidiaries · related party · Amounts owed to/by related party · (5,705) (000s)
- Sidara Corporation Holding Limited · related party · Loans from related party entered · 6,311 (000s)
- Sidara Corporation Holding Limited · related party · Amounts owed to/by related party · (6,311) (000s)
Directors' report (4)
- P O’Sullivan · resigned 2025-06-01
- S Wreford · resigned 2025-06-05
- H Salaam · appointed 2025-06-01
- B Rihani · appointed 2025-09-08
Share classes (2)
- 1,500,000 ‘A’ Ordinary shares of £1 each of £1
- 750,000 ‘B’ Ordinary shares of £1 each of £1
Principal risks (4)
- price risk
- credit risk
- liquidity risk
- cash flow risk
Events after the year end (1)
- There were no post balance sheet events.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.