How much does JTB Europe Limited make?

JTB Europe Limited reported revenue of £7.6m and a loss of £2.3m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

Is JTB Europe Limited profitable?

No — JTB Europe Limited reported a loss of £2.3m in the year to 31 Dec 2025.

Company No. 01727868 · Incorporated 31 May 1983

JTB Europe Limited

Registered name: JTB EUROPE LIMITED

JTB Europe Limited made £7.6m revenue and a £2.3m loss in the year to 31 Dec 2025.

JTB Europe Limited’s revenue grew 43% to £7.6m in the year to 31 Dec 2025, with a loss of £2.3m. The company is classified under “tour operator activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSIC 79120Tour operator activities

Status: Active
Location: London
Age: 43 yrs · since 1983
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£7.6m

Growth ▲43%

Profit

−£2.3m

Growth —

Profit margin

−30.3%

Gross 53%

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.3m	£5.3m	£7.6m
Cost of sales	−£4.8m	−£2.3m	−£3.6m
Gross profit	£2.6m	£3m	£4m
Operating profit	£5.7k	−£411k	£133k
Profit before tax	−£2.1m	−£3m	−£2.3m
Profit after tax	−£1.9m	−£3.2m	−£2.3m
Profit (best available)	−£1.9m	−£3.2m	−£2.3m
Employees (average)	—	—	—
Ratios
Profit margin	−25.7%	−60.4%	−30.3%
Gross margin	35.1%	57%	53%
Growth (year on year)
Revenue growth	—	▼27.3%	▲43%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data May 2025	Accounts · bulk data May 2025	Accounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: −30.3%; Profit ÷ revenue.
Gross margin: 53%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (1)

City Circle UK LimitedRev. £9.5m · Profit £1.1m

Minority corporate shareholders

Jtb Corp. (registered outside the UK register)

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit −£2.3m), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.

Updated from Companies House on 19 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.