venice simplon-orient-express limited

4

venice simplon-orient-express limited Company Information

Share VENICE SIMPLON-ORIENT-EXPRESS LIMITED
Live 
MatureLargeRapid

Company Number

01551659

Registered Address

4b victoria house, bloomsbury square, london, WC1B 4DA

Industry

Travel agency activities

 

Telephone

08450772222

Next Accounts Due

September 2025

Group Structure

View All

Directors

Gary Franklin14 Years

Abigail Hunt9 Years

View All

Shareholders

belmond finance services limited 64%

vsoe holdings limited 36%

venice simplon-orient-express limited Estimated Valuation

£62.5m

Pomanda estimates the enterprise value of VENICE SIMPLON-ORIENT-EXPRESS LIMITED at £62.5m based on a Turnover of £50m and 1.25x industry multiple (adjusted for size and gross margin).

venice simplon-orient-express limited Estimated Valuation

£38.5m

Pomanda estimates the enterprise value of VENICE SIMPLON-ORIENT-EXPRESS LIMITED at £38.5m based on an EBITDA of £5.6m and a 6.91x industry multiple (adjusted for size and gross margin).

venice simplon-orient-express limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VENICE SIMPLON-ORIENT-EXPRESS LIMITED at £0 based on Net Assets of £-7.1m and 1.35x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Venice Simplon-orient-express Limited Overview

Venice Simplon-orient-express Limited is a live company located in london, WC1B 4DA with a Companies House number of 01551659. It operates in the travel agency activities sector, SIC Code 79110. Founded in March 1981, it's largest shareholder is belmond finance services limited with a 64% stake. Venice Simplon-orient-express Limited is a mature, large sized company, Pomanda has estimated its turnover at £50m with rapid growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Venice Simplon-orient-express Limited Health Check

Pomanda's financial health check has awarded Venice Simplon-Orient-Express Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £50m, make it larger than the average company (£15.1m)

£50m - Venice Simplon-orient-express Limited

£15.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 200%, show it is growing at a faster rate (18.7%)

200% - Venice Simplon-orient-express Limited

18.7% - Industry AVG

production

Production

with a gross margin of 42.8%, this company has a lower cost of product (24.6%)

42.8% - Venice Simplon-orient-express Limited

24.6% - Industry AVG

profitability

Profitability

an operating margin of 3.9% make it as profitable than the average company (4%)

3.9% - Venice Simplon-orient-express Limited

4% - Industry AVG

employees

Employees

with 93 employees, this is above the industry average (37)

93 - Venice Simplon-orient-express Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £110.1k, the company has a higher pay structure (£42k)

£110.1k - Venice Simplon-orient-express Limited

£42k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £537.1k, this is more efficient (£290.6k)

£537.1k - Venice Simplon-orient-express Limited

£290.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (35 days)

2 days - Venice Simplon-orient-express Limited

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (35 days)

10 days - Venice Simplon-orient-express Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is more than average (2 days)

3 days - Venice Simplon-orient-express Limited

2 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)

0 weeks - Venice Simplon-orient-express Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 105.4%, this is a higher level of debt than the average (80.1%)

105.4% - Venice Simplon-orient-express Limited

80.1% - Industry AVG

VENICE SIMPLON-ORIENT-EXPRESS LIMITED financials

EXPORTms excel logo

Venice Simplon-Orient-Express Limited's latest turnover from December 2023 is £50 million and the company has net assets of -£7.1 million. According to their latest financial statements, Venice Simplon-Orient-Express Limited has 93 employees and maintains cash reserves of £61 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover49,954,00042,064,00010,840,0001,859,00037,251,00033,299,00029,100,00026,548,00025,532,00025,690,00025,203,00027,114,00028,828,00025,879,00024,458,000
Other Income Or Grants000000000000000
Cost Of Sales28,596,00026,219,00010,337,0004,589,00020,324,00019,320,00021,294,00021,320,00019,369,00020,366,00020,888,00019,404,00022,577,00018,951,00018,508,000
Gross Profit21,358,00015,845,000503,000-2,730,00016,927,00013,979,0007,806,0005,228,0006,163,0005,324,0004,315,0007,710,0006,251,0006,928,0005,950,000
Admin Expenses19,402,00017,539,0009,163,0009,726,00017,616,00012,206,00011,365,0006,751,0006,431,0007,308,0005,821,0005,943,0005,474,0005,680,0004,780,000
Operating Profit1,956,000-1,694,000-8,660,000-12,456,000-689,0001,773,000-3,559,000-1,523,000-268,000-1,984,000-1,506,0001,767,000777,0001,248,0001,170,000
Interest Payable691,0002,037,0000284,00023,000385,0001,006,0001,309,0001,070,000809,00080,000695,000618,000587,0001,070,000
Interest Receivable1,155,000137,000657,0000166,0009,0002,0003,0002,0001,0001,626,000148,000144,000143,000276,000
Pre-Tax Profit2,420,000-3,594,000-8,003,000-12,740,000-546,0001,548,000-6,142,000-1,847,000-3,527,000-3,178,000-730,000600,000-124,000442,000-640,000
Tax-1,187,000-2,854,0001,231,000539,000609,000-83,000543,000745,000257,000572,00036,000-301,000-294,000-1,647,000205,000
Profit After Tax1,233,000-6,448,000-6,772,000-12,201,00063,0001,465,000-5,599,000-1,102,000-3,270,000-2,606,000-694,000299,000-418,000-1,205,000-435,000
Dividends Paid000000000000000
Retained Profit1,233,000-6,448,000-6,772,000-12,201,00063,0001,465,000-5,599,000-1,102,000-3,270,000-2,606,000-694,000299,000-418,000-1,205,000-435,000
Employee Costs10,243,0008,808,0005,592,0003,728,0005,565,0004,603,0004,475,0004,561,0004,280,0003,981,0004,053,0003,842,0003,524,0003,279,0002,902,000
Number Of Employees93938481132125132126125818287828185
EBITDA*5,567,0001,469,000-5,775,000-9,246,0002,948,0005,044,000-350,000357,0001,385,000-464,00066,0003,267,0002,314,0002,512,0002,237,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets42,036,00033,957,00031,034,00030,533,00030,913,00030,480,00030,533,00029,584,00030,390,00025,065,00024,289,00024,090,00023,723,00023,778,00023,304,000
Intangible Assets000000000000000
Investments & Other8,646,00031,00031,00000058,000215,000215,000215,000215,000215,000215,000215,000215,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets50,682,00033,988,00031,065,00030,533,00030,913,00030,480,00030,591,00029,799,00030,605,00025,280,00024,504,00024,305,00023,938,00023,993,00023,519,000
Stock & work in progress311,000295,000290,000253,000470,000653,000240,000422,000459,000411,000600,000626,000822,000794,000812,000
Trade Debtors288,000246,00012,680,00052,000262,000101,000375,000381,000217,000240,000312,000258,000344,000370,000318,000
Group Debtors75,669,00016,886,000029,185,0007,719,0008,317,0006,423,00021,043,0005,403,00016,302,00019,398,00073,639,00074,578,00069,815,0008,142,000
Misc Debtors5,182,0003,482,00001,884,0001,442,0001,331,000413,000953,0001,133,000762,000773,0001,739,0002,689,0002,367,0003,673,000
Cash61,000718,0002,100,000804,0001,201,0002,453,0003,974,0001,586,0001,769,000872,000487,000627,000711,0001,162,000188,000
misc current assets000000000000000
total current assets81,511,00021,627,00015,070,00032,178,00011,094,00012,855,00011,425,00024,385,0008,981,00018,587,00021,570,00076,889,00079,144,00074,508,00013,133,000
total assets132,193,00055,615,00046,135,00062,711,00042,007,00043,335,00042,016,00054,184,00039,586,00043,867,00046,074,000101,194,000103,082,00098,501,00036,652,000
Bank overdraft00000000000942,000983,000940,0001,000,000
Bank loan000000000000000
Trade Creditors 841,00028,313,00024,394,000123,0001,569,000998,000532,0001,199,000604,0001,242,0002,020,0003,062,0004,785,0001,258,0002,135,000
Group/Directors Accounts117,192,00016,783,0005,843,00045,274,00033,788,00036,301,00047,447,00053,525,00038,865,00038,864,00036,133,00071,040,00069,847,00065,206,0000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities19,579,00018,358,00017,767,00012,411,0009,546,0008,970,0006,212,0005,549,0004,359,0004,443,0005,429,0005,149,0006,131,0008,695,0007,902,000
total current liabilities137,612,00063,454,00048,004,00057,808,00044,903,00046,269,00054,191,00060,273,00043,828,00044,549,00043,582,00080,193,00081,746,00076,099,00011,037,000
loans0000000000017,749,00018,657,00019,564,00023,195,000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions1,665,000478,00000025,0000487,0001,232,0001,522,0002,090,0002,156,0001,882,0001,623,0000
total long term liabilities1,665,000478,00000025,0000487,0001,232,0001,522,0002,090,00019,905,00020,539,00021,187,00023,195,000
total liabilities139,277,00063,932,00048,004,00057,808,00044,903,00046,294,00054,191,00060,760,00045,060,00046,071,00045,672,000100,098,000102,285,00097,286,00034,232,000
net assets-7,084,000-8,317,000-1,869,0004,903,000-2,896,000-2,959,000-12,175,000-6,576,000-5,474,000-2,204,000402,0001,096,000797,0001,215,0002,420,000
total shareholders funds-7,084,000-8,317,000-1,869,0004,903,000-2,896,000-2,959,000-12,175,000-6,576,000-5,474,000-2,204,000402,0001,096,000797,0001,215,0002,420,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,956,000-1,694,000-8,660,000-12,456,000-689,0001,773,000-3,559,000-1,523,000-268,000-1,984,000-1,506,0001,767,000777,0001,248,0001,170,000
Depreciation3,611,0003,163,0002,885,0003,210,0003,637,0003,271,0003,209,0001,880,0001,653,0001,520,0001,572,0001,500,0001,537,0001,264,0001,067,000
Amortisation000000000000000
Tax-1,187,000-2,854,0001,231,000539,000609,000-83,000543,000745,000257,000572,00036,000-301,000-294,000-1,647,000205,000
Stock16,0005,00037,000-217,000-183,000413,000-182,000-37,00048,000-189,000-26,000-196,00028,000-18,000812,000
Debtors60,525,0007,934,000-18,441,00021,698,000-326,0002,538,000-15,166,00015,624,000-10,551,000-3,179,000-55,153,000-1,975,0005,059,00060,419,00012,133,000
Creditors-27,472,0003,919,00024,271,000-1,446,000571,000466,000-667,000595,000-638,000-778,000-1,042,000-1,723,0003,527,000-877,0002,135,000
Accruals and Deferred Income1,221,000591,0005,356,0002,865,000576,0002,758,000663,0001,190,000-84,000-986,000280,000-982,000-2,564,000793,0007,902,000
Deferred Taxes & Provisions1,187,000478,00000-25,00025,000-487,000-745,000-290,000-568,000-66,000274,000259,0001,623,0000
Cash flow from operations-81,225,000-4,336,00043,487,000-28,769,0005,188,0005,259,00015,050,000-13,445,00011,133,0001,144,00054,453,0002,706,000-1,845,000-57,997,000-466,000
Investing Activities
capital expenditure-11,690,000-6,086,000-3,386,000-2,830,000-4,070,000-3,218,000-4,158,000-1,074,000-6,978,000-2,296,000-1,771,000-1,867,000-1,482,000-1,738,000-24,371,000
Change in Investments8,615,000031,00000-58,000-157,0000000000215,000
cash flow from investments-20,305,000-6,086,000-3,417,000-2,830,000-4,070,000-3,160,000-4,001,000-1,074,000-6,978,000-2,296,000-1,771,000-1,867,000-1,482,000-1,738,000-24,586,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts100,409,00010,940,000-39,431,00011,486,000-2,513,000-11,146,000-6,078,00014,660,0001,0002,731,000-34,907,0001,193,0004,641,00065,206,0000
Other Short Term Loans 000000000000000
Long term loans0000000000-17,749,000-908,000-907,000-3,631,00023,195,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00020,000,00007,751,000000000002,855,000
interest464,000-1,900,000657,000-284,000143,000-376,000-1,004,000-1,306,000-1,068,000-808,0001,546,000-547,000-474,000-444,000-794,000
cash flow from financing100,873,0009,040,000-38,774,00031,202,000-2,370,000-3,771,000-7,082,00013,354,000-1,067,0001,923,000-51,110,000-262,0003,260,00061,131,00025,256,000
cash and cash equivalents
cash-657,000-1,382,0001,296,000-397,000-1,252,000-1,521,0002,388,000-183,000897,000385,000-140,000-84,000-451,000974,000188,000
overdraft0000000000-942,000-41,00043,000-60,0001,000,000
change in cash-657,000-1,382,0001,296,000-397,000-1,252,000-1,521,0002,388,000-183,000897,000385,000802,000-43,000-494,0001,034,000-812,000

venice simplon-orient-express limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for venice simplon-orient-express limited. Get real-time insights into venice simplon-orient-express limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Venice Simplon-orient-express Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for venice simplon-orient-express limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in WC1B area or any other competitors across 12 key performance metrics.

venice simplon-orient-express limited Ownership

VENICE SIMPLON-ORIENT-EXPRESS LIMITED group structure

Venice Simplon-Orient-Express Limited has 1 subsidiary company.

Ultimate parent company

BELMOND LTD

#0031595

2 parents

VENICE SIMPLON-ORIENT-EXPRESS LIMITED

01551659

1 subsidiary

VENICE SIMPLON-ORIENT-EXPRESS LIMITED Shareholders

belmond finance services limited 64%
vsoe holdings limited 36%

venice simplon-orient-express limited directors

Venice Simplon-Orient-Express Limited currently has 3 directors. The longest serving directors include Mr Gary Franklin (Dec 2009) and Mrs Abigail Hunt (Mar 2015).

officercountryagestartendrole
Mr Gary FranklinEngland55 years Dec 2009- Director
Mrs Abigail HuntEngland50 years Mar 2015- Director
Ms Elise ParocheEngland41 years Jun 2024- Director

P&L

December 2023

turnover

50m

+19%

operating profit

2m

-215%

gross margin

42.8%

+13.5%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-7.1m

-0.15%

total assets

132.2m

+1.38%

cash

61k

-0.92%

net assets

Total assets minus all liabilities

venice simplon-orient-express limited company details

company number

01551659

Type

Private limited with Share Capital

industry

79110 - Travel agency activities

incorporation date

March 1981

age

43

incorporated

UK

ultimate parent company

BELMOND LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

orient-express hotels limited (June 1989)

venice simplon-orient-express limited (February 1989)

accountant

-

auditor

FORVIS MAZARS LLP

address

4b victoria house, bloomsbury square, london, WC1B 4DA

Bank

-

Legal Advisor

-

venice simplon-orient-express 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 15 charges/mortgages relating to venice simplon-orient-express limited. Currently there are 0 open charges and 15 have been satisfied in the past.

charges

venice simplon-orient-express limited Companies House Filings - See Documents

datedescriptionview/download