worldspan limited
worldspan limited Company Information
Company Number
01058932
Website
https://www.worldspanplc.comRegistered Address
commodore house, north wales business park, abergele, conwy, LL22 8LJ
Industry
Business and domestic software development
Tour operator activities
Telephone
01745823400
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
insightion limited 95%
sophie louise morris 5%
worldspan limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDSPAN LIMITED at £2.3m based on a Turnover of £3.7m and 0.62x industry multiple (adjusted for size and gross margin).
worldspan limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDSPAN LIMITED at £212.1k based on an EBITDA of £51.7k and a 4.1x industry multiple (adjusted for size and gross margin).
worldspan limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDSPAN LIMITED at £813k based on Net Assets of £1.2m and 0.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Worldspan Limited Overview
Worldspan Limited is a live company located in abergele, LL22 8LJ with a Companies House number of 01058932. It operates in the business and domestic software development sector, SIC Code 62012. Founded in June 1972, it's largest shareholder is insightion limited with a 95% stake. Worldspan Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.7m with low growth in recent years.
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Worldspan Limited Health Check
Pomanda's financial health check has awarded Worldspan Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £3.7m, make it smaller than the average company (£6.8m)
£3.7m - Worldspan Limited
£6.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (1.5%)
- Worldspan Limited
1.5% - Industry AVG
Production
with a gross margin of 48.8%, this company has a comparable cost of product (46.2%)
48.8% - Worldspan Limited
46.2% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (3%)
0% - Worldspan Limited
3% - Industry AVG
Employees
with 33 employees, this is similar to the industry average (34)
33 - Worldspan Limited
34 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has a lower pay structure (£54.7k)
£40.4k - Worldspan Limited
£54.7k - Industry AVG
Efficiency
resulting in sales per employee of £111k, this is less efficient (£225.9k)
£111k - Worldspan Limited
£225.9k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (37 days)
39 days - Worldspan Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (32 days)
22 days - Worldspan Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Worldspan Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is average cash available to meet short term requirements (20 weeks)
23 weeks - Worldspan Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.8%, this is a lower level of debt than the average (72.8%)
47.8% - Worldspan Limited
72.8% - Industry AVG
WORLDSPAN LIMITED financials
Worldspan Limited's latest turnover from June 2023 is £3.7 million and the company has net assets of £1.2 million. According to their latest financial statements, Worldspan Limited has 33 employees and maintains cash reserves of £494 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,662,338 | 2,797,663 | 2,106,373 | 3,641,985 | 6,504,782 | 6,276,821 | 6,141,567 | 7,924,194 | 9,132,844 | 7,206,101 | 6,661,405 | 5,176,275 | 4,797,393 | 3,734,106 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,875,034 | 1,254,008 | 999,208 | 2,095,596 | 4,125,658 | 4,071,752 | 4,176,001 | 5,831,519 | 6,747,836 | 5,399,402 | 4,954,460 | 3,705,141 | 3,435,239 | 2,639,803 |
| Gross Profit | 1,787,304 | 1,543,655 | 1,107,165 | 1,546,389 | 2,379,124 | 2,205,069 | 1,965,566 | 2,092,675 | 2,385,008 | 1,806,699 | 1,706,945 | 1,471,134 | 1,362,154 | 1,094,303 |
| Admin Expenses | 1,786,478 | 1,496,107 | 1,079,849 | 1,893,884 | 2,081,871 | 2,000,482 | 1,791,666 | 1,692,240 | -3,015,831 | 1,736,444 | 1,457,054 | 1,317,596 | 1,213,713 | 1,007,368 |
| Operating Profit | 826 | 47,548 | 27,316 | -347,495 | 297,253 | 204,587 | 173,900 | 400,435 | 5,400,839 | 70,255 | 249,891 | 153,538 | 148,441 | 86,935 |
| Interest Payable | 409 | 819 | 819 | 819 | 819 | 413 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 441 |
| Interest Receivable | 3,227 | 1,688 | 2,112 | 6,864 | 4,875 | 3,289 | 249 | 4,710 | 6,510 | 4,268 | 4,155 | 4,702 | 7,870 | 5,827 |
| Pre-Tax Profit | 3,644 | 48,417 | 28,609 | -341,450 | 301,309 | 207,463 | 174,149 | 405,135 | 547,349 | 74,523 | 254,046 | 158,240 | 187,848 | 133,121 |
| Tax | 165,379 | 91,912 | -8,286 | 66,501 | -59,409 | -29,031 | -34,008 | -83,373 | -111,854 | -67,403 | -58,782 | -49,511 | -42,236 | -22,725 |
| Profit After Tax | 169,023 | 140,329 | 20,323 | -274,949 | 241,900 | 178,432 | 140,141 | 321,762 | 435,495 | 7,120 | 195,264 | 108,729 | 145,612 | 110,396 |
| Dividends Paid | 0 | 0 | 0 | 903,333 | 0 | 0 | 920,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 169,023 | 140,329 | 20,323 | -1,178,282 | 241,900 | 178,432 | -779,859 | 321,762 | 435,495 | 7,120 | 195,264 | 108,729 | 145,612 | 110,396 |
| Employee Costs | 1,332,252 | 1,160,018 | 1,061,876 | 1,560,226 | 1,546,851 | 1,465,109 | 1,263,323 | 1,199,495 | 1,308,077 | 1,081,825 | 1,061,217 | 908,482 | 868,055 | 708,436 |
| Number Of Employees | 33 | 33 | 32 | 42 | 37 | 36 | 36 | 33 | 28 | 25 | 25 | 25 | 22 | 20 |
| EBITDA* | 51,714 | 109,887 | 86,495 | -297,572 | 337,834 | 244,825 | 208,387 | 426,342 | 5,421,840 | 88,460 | 268,137 | 163,104 | 163,064 | 104,113 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,392 | 57,625 | 60,002 | 92,433 | 100,951 | 82,513 | 67,203 | 62,448 | 42,538 | 28,104 | 34,221 | 42,527 | 9,807 | 18,303 |
| Intangible Assets | 88,252 | 176,238 | 71,481 | 784 | 0 | 1,600 | 7,685 | 4,800 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 23,454 | 23,454 | 23,454 | 0 | 0 | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 10 | 51 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,015,037 | 1,015,037 | 1,259,660 | 832,157 | 814,347 | 0 |
| Total Fixed Assets | 142,098 | 257,317 | 154,937 | 93,217 | 100,951 | 84,113 | 74,888 | 67,248 | 1,057,585 | 1,043,151 | 1,293,891 | 874,694 | 824,164 | 18,354 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 31,850 | 23,420 | 23,830 | 20,344 | 29,460 | 26,304 | 29,087 | 18,975 | 43,642 | 39,778 |
| Trade Debtors | 393,766 | 674,127 | 335,411 | 240,590 | 908,581 | 365,977 | 577,239 | 1,081,547 | 746,706 | 637,588 | 334,947 | 783,883 | 1,079,796 | 881,062 |
| Group Debtors | 771,325 | 242,425 | 139,074 | 196,708 | 894,235 | 848,120 | 838,029 | 1,694,949 | 23,537 | 94,513 | 0 | 151,843 | 5,164 | 625,145 |
| Misc Debtors | 476,405 | 1,125,956 | 561,799 | 896,920 | 937,323 | 561,398 | 503,111 | 376,127 | 859,678 | 926,400 | 649,512 | 91,077 | 52,391 | 211,108 |
| Cash | 493,953 | 1,151,360 | 1,613,802 | 2,388,277 | 2,536,633 | 3,036,115 | 1,408,848 | 1,406,963 | 2,465,702 | 2,217,270 | 1,236,902 | 1,928,900 | 528,304 | 865,752 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,135,449 | 3,193,868 | 2,650,086 | 3,722,495 | 5,308,622 | 4,835,030 | 3,351,057 | 4,579,930 | 4,125,083 | 3,902,075 | 2,250,448 | 2,974,678 | 1,709,297 | 2,622,845 |
| total assets | 2,277,547 | 3,451,185 | 2,805,023 | 3,815,712 | 5,409,573 | 4,919,143 | 3,425,945 | 4,647,178 | 5,182,668 | 4,945,226 | 3,544,339 | 3,849,372 | 2,533,461 | 2,641,199 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 967 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 116,849 | 77,420 | 91,515 | 573,422 | 132,548 | 111,830 | 85,640 | 75,540 | 337,467 | 183,502 | 425,517 | 2,225,231 | 997,199 | 1,302,868 |
| Group/Directors Accounts | 0 | 0 | 0 | 60,383 | 0 | 0 | 17,320 | 26,210 | 26,210 | 214,250 | 245,875 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 2,428 | 5,675 | 5,675 | 5,675 | 17,025 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 966,649 | 2,339,555 | 1,815,720 | 2,307,872 | 3,210,060 | 2,978,784 | 1,697,612 | 2,139,633 | 2,740,831 | 2,906,002 | 1,238,331 | 184,139 | 207,880 | 154,279 |
| total current liabilities | 1,083,498 | 2,419,403 | 1,912,910 | 2,947,352 | 3,348,283 | 3,107,639 | 1,800,572 | 2,241,383 | 3,104,508 | 3,303,754 | 1,909,723 | 2,409,370 | 1,205,079 | 1,458,114 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 1,608 | 6,464 | 11,319 | 4,825 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 5,431 | 12,187 | 11,239 | 2,953 | 12,746 | 11,354 | 8,480 | 9,043 | 3,170 | 1,977 | 2,241 | 2,891 | 0 | 315 |
| total long term liabilities | 5,431 | 12,187 | 12,847 | 9,417 | 24,065 | 16,179 | 8,480 | 9,043 | 3,170 | 1,977 | 2,241 | 2,891 | 0 | 315 |
| total liabilities | 1,088,929 | 2,431,590 | 1,925,757 | 2,956,769 | 3,372,348 | 3,123,818 | 1,809,052 | 2,250,426 | 3,107,678 | 3,305,731 | 1,911,964 | 2,412,261 | 1,205,079 | 1,458,429 |
| net assets | 1,188,618 | 1,019,595 | 879,266 | 858,943 | 2,037,225 | 1,795,325 | 1,616,893 | 2,396,752 | 2,074,990 | 1,639,495 | 1,632,375 | 1,437,111 | 1,328,382 | 1,182,770 |
| total shareholders funds | 1,188,618 | 1,019,595 | 879,266 | 858,943 | 2,037,225 | 1,795,325 | 1,616,893 | 2,396,752 | 2,074,990 | 1,639,495 | 1,632,375 | 1,437,111 | 1,328,382 | 1,182,770 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 826 | 47,548 | 27,316 | -347,495 | 297,253 | 204,587 | 173,900 | 400,435 | 5,400,839 | 70,255 | 249,891 | 153,538 | 148,441 | 86,935 |
| Depreciation | 32,589 | 38,929 | 46,627 | 49,923 | 38,981 | 38,638 | 32,887 | 25,907 | 21,001 | 18,205 | 18,246 | 9,566 | 14,623 | 17,178 |
| Amortisation | 18,299 | 23,410 | 12,552 | 0 | 1,600 | 1,600 | 1,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 165,379 | 91,912 | -8,286 | 66,501 | -59,409 | -29,031 | -34,008 | -83,373 | -111,854 | -67,403 | -58,782 | -49,511 | -42,236 | -22,725 |
| Stock | 0 | 0 | 0 | -31,850 | 8,430 | -410 | 3,486 | -9,116 | 3,156 | -2,783 | 10,112 | -24,667 | 3,864 | 39,778 |
| Debtors | -401,012 | 1,006,224 | -297,934 | -1,405,921 | 964,644 | -142,884 | -1,234,244 | 507,665 | -28,580 | 429,419 | 385,159 | -92,738 | 234,383 | 1,717,315 |
| Creditors | 39,429 | -14,095 | -481,907 | 440,874 | 20,718 | 26,190 | 10,100 | -261,927 | 153,965 | -242,015 | -1,799,714 | 1,228,032 | -305,669 | 1,302,868 |
| Accruals and Deferred Income | -1,372,906 | 523,835 | -492,152 | -902,188 | 231,276 | 1,281,172 | -442,021 | -601,198 | -165,171 | 1,667,671 | 1,054,192 | -23,741 | 53,601 | 154,279 |
| Deferred Taxes & Provisions | -6,756 | 948 | 8,286 | -9,793 | 1,392 | 2,874 | -563 | 5,873 | 1,193 | -264 | -650 | 2,891 | -315 | 315 |
| Cash flow from operations | -722,128 | -293,737 | -589,630 | 735,593 | -441,263 | 1,669,324 | 972,653 | -1,012,832 | 5,325,397 | 1,019,813 | -932,088 | 1,438,180 | -369,802 | -218,243 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | ||||||||||
| Change in Investments | 0 | 0 | 23,454 | 0 | 0 | 0 | 0 | -10 | 0 | 0 | 0 | 0 | -41 | 51 |
| cash flow from investments | 0 | 0 | -23,454 | 0 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -60,383 | 60,383 | 0 | -17,320 | -8,890 | 0 | -188,040 | -31,625 | 245,875 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -2,428 | -4,855 | -4,856 | -4,855 | -4,856 | 21,850 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 2,818 | 869 | 1,293 | 6,045 | 4,056 | 2,876 | 249 | 4,710 | 6,510 | 4,268 | 4,155 | 4,702 | 7,870 | 5,386 |
| cash flow from financing | 390 | -3,986 | -63,946 | 61,573 | -800 | 7,406 | -8,641 | 4,710 | -181,530 | -27,357 | 250,030 | 4,702 | 7,870 | 1,077,760 |
| cash and cash equivalents | ||||||||||||||
| cash | -657,407 | -462,442 | -774,475 | -148,356 | -499,482 | 1,627,267 | 1,885 | -1,058,739 | 248,432 | 980,368 | -691,998 | 1,400,596 | -337,448 | 865,752 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -967 | 967 |
| change in cash | -657,407 | -462,442 | -774,475 | -148,356 | -499,482 | 1,627,267 | 1,885 | -1,058,739 | 248,432 | 980,368 | -691,998 | 1,400,596 | -336,481 | 864,785 |
worldspan limited Credit Report and Business Information
Worldspan Limited Competitor Analysis
Perform a competitor analysis for worldspan limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in LL22 area or any other competitors across 12 key performance metrics.
worldspan limited Ownership
WORLDSPAN LIMITED group structure
Worldspan Limited has no subsidiary companies.
Ultimate parent company
2 parents
WORLDSPAN LIMITED
01058932
worldspan limited directors
Worldspan Limited currently has 4 directors. The longest serving directors include Ms Pauline Wilcock (Dec 1991) and Mr Jason Wilcock (Jul 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Pauline Wilcock | 83 years | Dec 1991 | - | Director | |
| Mr Jason Wilcock | 54 years | Jul 2006 | - | Director | |
| Mrs Sophie Morris | United Kingdom | 55 years | Aug 2007 | - | Director |
| Mr Craig Moss | 44 years | Nov 2022 | - | Director |
P&L
June 2023turnover
3.7m
+31%
operating profit
826
-98%
gross margin
48.9%
-11.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.2m
+0.17%
total assets
2.3m
-0.34%
cash
494k
-0.57%
net assets
Total assets minus all liabilities
Similar Companies
worldspan limited company details
company number
01058932
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
79120 - Tour operator activities
incorporation date
June 1972
age
52
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
worldspan plc (April 2023)
worldspan international plc (October 2014)
last accounts submitted
June 2023
address
commodore house, north wales business park, abergele, conwy, LL22 8LJ
accountant
-
auditor
DSG
worldspan limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 6 charges/mortgages relating to worldspan limited. Currently there are 2 open charges and 4 have been satisfied in the past.
worldspan limited Companies House Filings - See Documents
| date | description | view/download |
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