back roads touring co. limited
back roads touring co. limited Company Information
Company Number
02473373
Website
www.backroadstouring.comRegistered Address
109 power road, london, W4 5PY
Industry
Travel agency activities
Telephone
03339208005
Next Accounts Due
85 days late
Group Structure
View All
Shareholders
flight centre travel group limited 99.9%
flight centre (china) pty ltd 0.1%
back roads touring co. limited Estimated Valuation
Pomanda estimates the enterprise value of BACK ROADS TOURING CO. LIMITED at £880.3k based on a Turnover of £1.3m and 0.67x industry multiple (adjusted for size and gross margin).
back roads touring co. limited Estimated Valuation
Pomanda estimates the enterprise value of BACK ROADS TOURING CO. LIMITED at £0 based on an EBITDA of £-332k and a 4.57x industry multiple (adjusted for size and gross margin).
back roads touring co. limited Estimated Valuation
Pomanda estimates the enterprise value of BACK ROADS TOURING CO. LIMITED at £0 based on Net Assets of £-962.7k and 2.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Back Roads Touring Co. Limited Overview
Back Roads Touring Co. Limited is a live company located in london, W4 5PY with a Companies House number of 02473373. It operates in the travel agency activities sector, SIC Code 79110. Founded in February 1990, it's largest shareholder is flight centre travel group limited with a 99.9% stake. Back Roads Touring Co. Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Back Roads Touring Co. Limited Health Check
Pomanda's financial health check has awarded Back Roads Touring Co. Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
8 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£3.6m)
£1.3m - Back Roads Touring Co. Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -56%, show it is growing at a slower rate (-33.4%)
-56% - Back Roads Touring Co. Limited
-33.4% - Industry AVG
Production
with a gross margin of 39.3%, this company has a lower cost of product (24.1%)
39.3% - Back Roads Touring Co. Limited
24.1% - Industry AVG
Profitability
an operating margin of -27.5% make it less profitable than the average company (-4.5%)
-27.5% - Back Roads Touring Co. Limited
-4.5% - Industry AVG
Employees
with 7 employees, this is below the industry average (36)
7 - Back Roads Touring Co. Limited
36 - Industry AVG
Pay Structure
on an average salary of £74.1k, the company has a higher pay structure (£35.1k)
£74.1k - Back Roads Touring Co. Limited
£35.1k - Industry AVG
Efficiency
resulting in sales per employee of £188.8k, this is more efficient (£92k)
£188.8k - Back Roads Touring Co. Limited
£92k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (59 days)
47 days - Back Roads Touring Co. Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is quicker than average (97 days)
50 days - Back Roads Touring Co. Limited
97 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Back Roads Touring Co. Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (16 weeks)
2 weeks - Back Roads Touring Co. Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 155.3%, this is a higher level of debt than the average (87%)
155.3% - Back Roads Touring Co. Limited
87% - Industry AVG
BACK ROADS TOURING CO. LIMITED financials
Back Roads Touring Co. Limited's latest turnover from June 2022 is £1.3 million and the company has net assets of -£962.7 thousand. According to their latest financial statements, Back Roads Touring Co. Limited has 7 employees and maintains cash reserves of £140.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,321,702 | 0 | 8,308,785 | 15,499,139 | 15,287,092 | 6,815,212 | 11,737,544 | 11,552,060 | 10,222,252 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 802,538 | 6,931,758 | 12,449,308 | 10,803,964 | 4,664,703 | 8,420,323 | 9,283,229 | 8,324,848 | ||||||
| Gross Profit | 519,165 | 1,377,027 | 3,049,831 | 4,483,128 | 2,150,509 | 3,317,221 | 2,268,831 | 1,897,404 | ||||||
| Admin Expenses | 882,369 | 2,916,181 | 3,460,364 | 2,887,520 | 2,668,988 | 2,967,331 | 1,028,937 | 1,409,991 | ||||||
| Operating Profit | -363,204 | -1,945,000 | -1,539,154 | -410,533 | 1,595,608 | -518,479 | 349,890 | 1,239,894 | 487,413 | |||||
| Interest Payable | 7,402 | 237,000 | 0 | 0 | 0 | 2,142 | 5,303 | 11,045 | 27,406 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 535 | 21,172 | 13,247 | 1,441 | |||||
| Pre-Tax Profit | -370,605 | -2,182,000 | -854,615 | -571,635 | 1,674,879 | 349,759 | -1,451,659 | 1,242,096 | 461,448 | |||||
| Tax | 0 | 0 | 3,179 | -9,999 | -379,218 | -24,638 | 286,258 | -252,957 | -104,713 | |||||
| Profit After Tax | -370,605 | -2,182,000 | -851,436 | -581,634 | 1,295,661 | 325,121 | -1,165,401 | 989,139 | 356,735 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | -370,605 | -2,182,000 | -851,436 | -581,634 | 1,295,661 | 325,121 | -1,165,401 | 989,139 | 356,735 | |||||
| Employee Costs | 518,636 | 889,584 | 882,173 | 983,396 | 816,818 | 1,011,260 | 762,257 | 571,775 | ||||||
| Number Of Employees | 7 | 9 | 18 | 21 | 26 | 26 | 21 | 12 | ||||||
| EBITDA* | -332,012 | -1,944,907 | -1,437,427 | -303,872 | 1,831,280 | -376,005 | 557,156 | 1,434,519 | 682,549 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 630,496 | 892,728 | 963,577 | 656,132 | 487,372 | 359,939 | 254,391 | 417,266 | 509,262 | 515,899 | 113,291 | 103,999 |
| Intangible Assets | 71,901 | 189,000 | 131,928 | 136,104 | 9,641 | 5,356 | 15,287 | 14,437 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 71,901 | 189,000 | 762,424 | 1,028,832 | 973,219 | 661,489 | 502,659 | 374,376 | 254,391 | 417,266 | 509,262 | 515,899 | 113,291 | 103,999 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 171,293 | 24,000 | 4,768 | 49,442 | 339,582 | 94,269 | 65,325 | 17,687 | 41,569 | 670,448 | 601,687 | 292,336 | 64,480 | 429,389 |
| Group Debtors | 1,258,260 | 0 | 1,350,005 | 1,198,266 | 2,256,025 | 1,802,892 | 521,120 | 146,011 | 325,206 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 100,978 | 2,911,000 | 686,129 | 1,009,943 | 1,471,880 | 633,636 | 539,205 | 606,679 | 161,049 | 0 | 0 | 0 | 0 | 0 |
| Cash | 140,100 | 194,000 | 340,680 | 3,045,942 | 2,543,653 | 1,328,334 | 1,705,611 | 1,539,174 | 1,633,504 | 1,109,852 | 2,150,738 | 838,095 | 700,817 | 628,799 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,670,632 | 3,129,000 | 2,381,583 | 5,303,594 | 6,611,141 | 3,859,132 | 2,831,261 | 2,309,551 | 2,161,328 | 1,780,300 | 2,752,425 | 1,130,431 | 765,297 | 1,058,188 |
| total assets | 1,742,532 | 3,318,000 | 3,144,008 | 6,332,426 | 7,584,360 | 4,520,621 | 3,333,920 | 2,683,927 | 2,415,719 | 2,197,566 | 3,261,687 | 1,646,330 | 878,588 | 1,162,187 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 111,552 | 22,000 | 5,298 | 972,168 | 938,404 | 87,841 | 173,861 | 147,277 | 205,731 | 982,149 | 3,150,297 | 1,765,150 | 1,002,414 | 1,417,680 |
| Group/Directors Accounts | 1,902,723 | 0 | 1,879,305 | 1,828,232 | 2,321,371 | 624,531 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 44,441 | 0 | 0 | 0 | 0 | 169,226 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 27,316 | 31,601 | 34,876 | 46,823 | 55,938 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 690,985 | 4,416,000 | 696,725 | 2,035,998 | 1,956,079 | 2,850,026 | 2,439,515 | 603,882 | 453,839 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,705,260 | 4,438,000 | 2,581,329 | 4,880,840 | 5,243,171 | 3,594,001 | 2,648,252 | 797,982 | 884,734 | 982,149 | 3,150,297 | 1,765,150 | 1,002,414 | 1,417,680 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 721,367 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 26,245 | 52,312 | 87,188 | 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 | 762,534 | 795,416 | 889,431 | 650,001 | 328,514 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,915 | 20,905 | 1,780 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 26,245 | 52,312 | 87,188 | 721,367 | 762,534 | 795,416 | 903,346 | 670,906 | 330,294 |
| total liabilities | 2,705,260 | 4,438,000 | 2,581,329 | 4,880,840 | 5,243,171 | 3,620,246 | 2,700,564 | 885,170 | 1,606,101 | 1,744,683 | 3,945,713 | 2,668,496 | 1,673,320 | 1,747,974 |
| net assets | -962,728 | -1,120,000 | 562,679 | 1,451,586 | 2,341,189 | 900,375 | 633,356 | 1,798,757 | 809,618 | 452,883 | -684,026 | -1,022,166 | -794,732 | -585,787 |
| total shareholders funds | -962,728 | -1,120,000 | 562,679 | 1,451,586 | 2,341,189 | 900,375 | 633,356 | 1,798,757 | 809,618 | 452,883 | -684,026 | -1,022,166 | -794,732 | -585,787 |
| Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -363,204 | -1,945,000 | -1,539,154 | -410,533 | 1,595,608 | -518,479 | 349,890 | 1,239,894 | 487,413 | |||||
| Depreciation | 0 | 60 | 67,818 | 97,772 | 230,316 | 133,905 | 196,566 | 192,562 | 195,136 | 119,390 | 163,017 | 110,664 | 55,761 | 59,880 |
| Amortisation | 31,192 | 33 | 33,909 | 8,888 | 5,356 | 8,569 | 10,700 | 2,063 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 3,179 | -9,999 | -379,218 | -24,638 | 286,258 | -252,957 | -104,713 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,404,469 | 894,098 | -216,750 | -1,809,835 | 1,536,689 | 1,405,148 | 355,273 | 242,553 | -142,624 | 378,112 | 309,351 | 227,856 | -364,909 | 429,389 |
| Creditors | 89,552 | 16,702 | -966,870 | 33,764 | 850,562 | -86,020 | 26,584 | -58,454 | -776,418 | -783,001 | 1,385,147 | 762,736 | -415,266 | 1,417,680 |
| Accruals and Deferred Income | -3,725,015 | 3,719,275 | -1,339,273 | 79,919 | -893,947 | 410,511 | 1,835,633 | 150,043 | 453,839 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13,915 | -13,915 | -6,990 | 19,125 | 1,780 |
| Cash flow from operations | -2,563,006 | 896,972 | -3,523,641 | 1,609,646 | -128,012 | -1,481,300 | 2,350,358 | 1,030,598 | 397,881 | |||||
| Investing Activities | ||||||||||||||
| capital expenditure | -175,110 | -32,260 | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -175,110 | -32,260 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,902,723 | -1,879,305 | 51,073 | -493,139 | 1,696,840 | 624,531 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -44,441 | 44,441 | 0 | 0 | 0 | -169,226 | 169,226 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -721,367 | 721,367 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -27,316 | -30,530 | -29,342 | -46,823 | 78,073 | 55,938 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -762,534 | -126,897 | -94,015 | 239,430 | 321,487 | 328,514 |
| share issue | ||||||||||||||
| interest | -7,402 | -237,000 | 0 | 0 | 0 | -1,607 | 15,869 | 2,202 | -25,965 | |||||
| cash flow from financing | 2,423,198 | -1,616,984 | -30,839 | -783,983 | 1,811,463 | 535,480 | -30,954 | -810,318 | 158,032 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | -53,900 | -146,680 | -2,705,262 | 502,289 | 1,215,319 | -377,277 | 166,437 | -94,330 | 523,652 | 271,757 | 1,312,643 | 137,278 | 72,018 | 628,799 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -53,900 | -146,680 | -2,705,262 | 502,289 | 1,215,319 | -377,277 | 166,437 | -94,330 | 523,652 | 271,757 | 1,312,643 | 137,278 | 72,018 | 628,799 |
back roads touring co. limited Credit Report and Business Information
Back Roads Touring Co. Limited Competitor Analysis
Perform a competitor analysis for back roads touring co. limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
back roads touring co. limited Ownership
BACK ROADS TOURING CO. LIMITED group structure
Back Roads Touring Co. Limited has no subsidiary companies.
Ultimate parent company
FLIGHT CENTRE TRAVEL GROUP LTD
#0082823
1 parent
BACK ROADS TOURING CO. LIMITED
02473373
back roads touring co. limited directors
Back Roads Touring Co. Limited currently has 3 directors. The longest serving directors include Mr Graham Turner (Oct 2008) and Chris Galanty (Oct 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Turner | United Kingdom | 74 years | Oct 2008 | - | Director |
| Chris Galanty | 50 years | Oct 2008 | - | Director | |
| Mr Edward Pettitt | United Kingdom | 38 years | Feb 2024 | - | Director |
P&L
June 2022turnover
1.3m
0%
operating profit
-363.2k
-81%
gross margin
39.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
-962.7k
-0.14%
total assets
1.7m
-0.47%
cash
140.1k
-0.28%
net assets
Total assets minus all liabilities
Similar Companies
back roads touring co. limited company details
company number
02473373
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
February 1990
age
34
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
109 power road, london, W4 5PY
last accounts submitted
June 2022
back roads touring co. 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 1 charges/mortgages relating to back roads touring co. limited. Currently there are 0 open charges and 1 have been satisfied in the past.
back roads touring co. limited Companies House Filings - See Documents
| date | description | view/download |
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