Pomanda estimates the enterprise value of MAJOR TRAVEL PLC at £2.1m based on a Turnover of £2.9m and 0.72x industry multiple (adjusted for size and gross margin).
major travel plcEstimated Valuation
£738.3k
Pomanda estimates the enterprise value of MAJOR TRAVEL PLC at £738.3k based on an EBITDA of £210.3k and a 3.51x industry multiple (adjusted for size and gross margin).
major travel plcEstimated Valuation
£252.3k
Pomanda estimates the enterprise value of MAJOR TRAVEL PLC at £252.3k based on Net Assets of £95.4k and 2.65x industry multiple (adjusted for liquidity).
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Major Travel PlcOverview
Major Travel Plc is a live company located in richmond, TW9 2JA with a Companies House number of 01805034. It operates in the travel agency activities sector, SIC Code 79110. Founded in April 1984, it's largest shareholder is
alliance travel holdings ltd.
with a 100% stake. Major Travel Plc is a mature,
small sized company, Pomanda has estimated its turnover at
£2.9m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Major Travel Plc a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
4 Regular
5 Weak
Size
annual sales of £2.9m, make it smaller than the average company (£13.1m)
£2.9m - Major Travel Plc
£13.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Major Travel Plc
- - Industry AVG
Production
with a gross margin of 22.9%, this company has a comparable cost of product (22.9%)
22.9% - Major Travel Plc
22.9% - Industry AVG
Profitability
an operating margin of 3.9% make it as profitable than the average company (4%)
3.9% - Major Travel Plc
4% - Industry AVG
Employees
with 29 employees, this is similar to the industry average (35)
29 - Major Travel Plc
35 - Industry AVG
Pay Structure
on an average salary of £51.6k, the company has a higher pay structure (£42.9k)
£51.6k - Major Travel Plc
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £98.6k, this is less efficient (£336.3k)
£98.6k - Major Travel Plc
£336.3k - Industry AVG
Debtor Days
it gets paid by customers after 146 days, this is later than average (24 days)
146 days - Major Travel Plc
24 days - Industry AVG
Creditor Days
its suppliers are paid after 119 days, this is slower than average (26 days)
119 days - Major Travel Plc
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Major Travel Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 31 weeks, this is average cash available to meet short term requirements (28 weeks)
31 weeks - Major Travel Plc
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.7%, this is a higher level of debt than the average (78.4%)
98.7% - Major Travel Plc
78.4% - Industry AVG
MAJOR TRAVEL PLC financials
EXPORT
Major Travel Plc's latest turnover from March 2024 is £2.9 million and the company has net assets of £95.4 thousand. According to their latest financial statements, Major Travel Plc has 29 employees and maintains cash reserves of £4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
2,858,047
2,370,527
921,075
1,056,215
1,424,641
720,953
883,089
1,155,028
1,283,424
36,339,747
46,206,217
37,957,647
44,073,585
41,446,488
22,765,439
Other Income Or Grants
Cost Of Sales
2,202,484
1,812,391
722,940
953,707
1,061,882
34,889,652
44,123,158
35,776,531
41,683,320
39,628,294
21,314,186
Gross Profit
655,563
558,136
921,075
1,056,215
1,424,641
720,953
160,149
201,321
221,542
1,450,095
2,083,059
2,181,116
2,390,265
1,818,194
1,451,253
Admin Expenses
542,983
318,674
2,225,802
1,831,062
1,417,476
715,603
163,369
215,343
228,441
1,464,203
2,120,837
1,955,084
2,298,162
1,666,117
1,438,850
Operating Profit
112,580
239,462
-1,304,727
-774,847
7,165
5,350
-3,220
-14,022
-6,899
-14,108
-37,778
226,032
92,103
152,077
12,403
Interest Payable
60,941
71,197
27,702
Interest Receivable
91,231
62,387
167
2,509
5,126
18,613
14,706
28,361
30,203
30,528
44,612
14,426
21,863
23,052
45,663
Pre-Tax Profit
142,870
230,652
-1,332,262
-772,338
12,291
23,963
11,486
14,339
23,304
16,420
6,834
184,587
113,966
175,129
58,066
Tax
199,900
23,457
56,341
65,416
106,065
32,542
-11,364
-3,102
-167,541
-15,201
-37,073
-17,035
Profit After Tax
342,770
230,652
-1,308,805
-715,997
77,707
130,028
44,028
2,975
23,304
16,420
3,732
17,046
98,765
138,056
41,031
Dividends Paid
100,000
100,000
100,000
100,000
40,000
Retained Profit
342,770
230,652
-1,308,805
-715,997
77,707
130,028
44,028
2,975
23,304
-83,580
3,732
-82,954
-1,235
38,056
1,031
Employee Costs
1,496,946
1,161,520
1,346,045
1,155,935
518,615
385,847
495,467
577,150
610,180
762,515
1,037,551
944,922
1,052,057
832,332
559,221
Number Of Employees
29
32
32
44
22
17
16
23
25
27
33
29
34
26
23
EBITDA*
210,345
339,444
-1,159,492
-685,104
82,610
24,088
18,727
9,771
30,681
8,369
11,507
277,360
151,809
176,953
35,455
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
17,392
15,509
14,978
6,815
68,221
58,498
58,120
63,960
69,222
182,998
149,967
157,827
2,147,434
2,052,512
2,052,498
Intangible Assets
927,136
918,473
950,393
903,612
728,186
528,994
125,476
138,918
130,432
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
944,528
933,982
965,371
910,427
796,407
587,492
183,596
202,878
199,654
182,998
149,967
157,827
2,147,434
2,052,512
2,052,498
Stock & work in progress
Trade Debtors
1,147,578
972,583
956,621
1,585,571
1,442,468
819,637
1,332,173
1,061,725
1,009,463
889,255
1,355,734
985,210
468,732
492,263
241,956
Group Debtors
218,172
699,989
631,446
631,946
631,946
632,446
600,500
Misc Debtors
1,012,524
775,854
1,906,718
578,451
595,967
383,672
286,379
927,360
833,005
895,122
582,259
51,817
73,214
57,050
54,988
Cash
3,990,830
4,135,845
4,319,823
1,753,753
1,322,336
1,701,952
1,395,910
1,824,542
1,782,236
2,953,946
4,271,347
5,841,773
3,814,459
5,479,997
3,516,701
misc current assets
total current assets
6,369,104
6,584,271
7,814,608
4,549,721
3,992,717
3,537,707
3,614,962
3,813,627
3,624,704
4,738,323
6,209,340
6,878,800
4,356,405
6,029,310
3,813,645
total assets
7,313,632
7,518,253
8,779,979
5,460,148
4,789,124
4,125,199
3,798,558
4,016,505
3,824,358
4,921,321
6,359,307
7,036,627
6,503,839
8,081,822
5,866,143
Bank overdraft
Bank loan
167,518
160,282
153,822
Trade Creditors
722,870
867,341
994,260
195,298
1,098,540
1,363,031
1,280,137
1,590,866
1,540,800
2,462,739
3,078,513
3,564,990
3,591,697
5,147,707
2,883,516
Group/Directors Accounts
other short term finances
68,115
41,039
hp & lease commitments
other current liabilities
5,664,014
5,170,366
6,791,820
3,694,159
1,402,209
541,757
412,152
350,816
249,921
332,229
1,160,861
1,235,436
512,987
429,928
796,496
total current liabilities
6,622,517
6,239,028
7,939,902
3,889,457
2,500,749
1,904,788
1,692,289
1,941,682
1,790,721
2,794,968
4,239,374
4,800,426
4,104,684
5,577,635
3,680,012
loans
230,876
398,200
558,556
hp & lease commitments
Accruals and Deferred Income
90,000
120,000
200,000
280,000
other liabilities
288,053
401,992
provisions
76,833
88,486
78,510
88,313
90,000
99,743
115,629
128,211
90,000
total long term liabilities
595,762
888,678
637,066
88,313
90,000
99,743
115,629
128,211
90,000
90,000
120,000
200,000
280,000
total liabilities
7,218,279
7,127,706
8,576,968
3,977,770
2,590,749
2,004,531
1,807,918
2,069,893
1,880,721
2,884,968
4,239,374
4,920,426
4,304,684
5,857,635
3,680,012
net assets
95,353
390,547
203,011
1,482,378
2,198,375
2,120,668
1,990,640
1,946,612
1,943,637
2,036,353
2,119,933
2,116,201
2,199,155
2,224,187
2,186,131
total shareholders funds
95,353
390,547
203,011
1,482,378
2,198,375
2,120,668
1,990,640
1,946,612
1,943,637
2,036,353
2,119,933
2,116,201
2,199,155
2,224,187
2,186,131
Mar 2024
Mar 2023
Mar 2022
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
112,580
239,462
-1,304,727
-774,847
7,165
5,350
-3,220
-14,022
-6,899
-14,108
-37,778
226,032
92,103
152,077
12,403
Depreciation
1,500
1,666
2,054
1,849
7,029
6,190
8,005
8,358
23,087
22,477
49,285
51,328
59,706
24,876
23,052
Amortisation
96,265
98,316
143,181
87,894
68,416
12,548
13,942
15,435
14,493
Tax
199,900
23,457
56,341
65,416
106,065
32,542
-11,364
-3,102
-167,541
-15,201
-37,073
-17,035
Stock
Debtors
-70,152
-1,046,359
3,494,785
125,587
834,626
-383,297
229,967
146,617
58,091
-153,616
900,966
495,081
-7,367
252,369
296,944
Creditors
-144,471
-126,919
994,260
-903,242
-264,491
82,894
-310,729
50,066
-921,939
-615,774
-486,477
-26,707
-1,556,010
2,264,191
2,883,516
Accruals and Deferred Income
493,648
-1,621,454
6,791,820
2,291,950
860,452
129,605
61,336
100,895
-172,308
-738,632
-194,575
642,449
3,059
-86,568
796,496
Deferred Taxes & Provisions
-11,653
9,976
78,510
-1,687
-9,743
-15,886
-12,582
38,211
90,000
Cash flow from operations
817,921
-352,594
3,233,770
632,671
-100,382
710,063
-440,673
40,962
-1,031,657
-1,192,421
-1,573,613
230,480
-1,408,976
2,065,134
3,401,488
Investing Activities
capital expenditure
-422,634
-2,665
-27,017
-39,743
-55,508
-43,731
1,882,408
-192,231
-24,890
11,001
Change in Investments
cash flow from investments
-422,634
-2,665
-27,017
-39,743
-55,508
-43,731
1,882,408
-192,231
-24,890
11,001
Financing Activities
Bank loans
7,236
6,460
153,822
Group/Directors Accounts
Other Short Term Loans
27,076
41,039
Long term loans
-167,324
-160,356
558,556
Hire Purchase and Lease Commitments
other long term liabilities
-113,939
401,992
share issue
-637,964
-43,116
1,511,816
-116,020
-23,797
2,185,100
interest
30,290
-8,810
-27,535
2,509
5,126
18,613
14,706
28,361
30,203
30,528
44,612
14,426
21,863
23,052
45,663
cash flow from financing
-854,625
237,209
2,196,659
2,509
5,126
18,613
14,706
28,361
-85,817
30,528
44,612
14,426
-1,934
23,052
2,230,763
cash and cash equivalents
cash
-145,015
-183,978
4,319,823
431,417
-379,616
306,042
-428,632
42,306
-1,171,710
-1,317,401
-1,570,426
2,027,314
-1,665,538
1,963,296
3,516,701
overdraft
change in cash
-145,015
-183,978
4,319,823
431,417
-379,616
306,042
-428,632
42,306
-1,171,710
-1,317,401
-1,570,426
2,027,314
-1,665,538
1,963,296
3,516,701
major travel plc 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 major travel plc. Get real-time insights into major travel plc's credit score, group structure and payment trends.
Perform a competitor analysis for major travel plc by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in TW9 area or any other competitors across 12 key performance metrics.
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 9 charges/mortgages relating to major travel plc. Currently there are 3 open charges and 6 have been satisfied in the past.
major travel plc Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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major travel plcCompanies House Filings - See Documents
