colchester travel ltd Company Information
Company Number
02496140
Next Accounts
Jan 2026
Shareholders
mr john graham bennett
mrs edna marion bennett
Group Structure
View All
Industry
Travel agency activities
Registered Address
39 crouch street, colchester, essex, CO3 3EN
Website
www.colchestertravel.co.ukcolchester travel ltd Estimated Valuation
Pomanda estimates the enterprise value of COLCHESTER TRAVEL LTD at £3.3m based on a Turnover of £4m and 0.84x industry multiple (adjusted for size and gross margin).
colchester travel ltd Estimated Valuation
Pomanda estimates the enterprise value of COLCHESTER TRAVEL LTD at £264k based on an EBITDA of £64.6k and a 4.09x industry multiple (adjusted for size and gross margin).
colchester travel ltd Estimated Valuation
Pomanda estimates the enterprise value of COLCHESTER TRAVEL LTD at £3.1m based on Net Assets of £1.4m and 2.27x industry multiple (adjusted for liquidity).
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Colchester Travel Ltd Overview
Colchester Travel Ltd is a live company located in essex, CO3 3EN with a Companies House number of 02496140. It operates in the travel agency activities sector, SIC Code 79110. Founded in April 1990, it's largest shareholder is mr john graham bennett with a 50% stake. Colchester Travel Ltd is a mature, small sized company, Pomanda has estimated its turnover at £4m with rapid growth in recent years.
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Colchester Travel Ltd Health Check
Pomanda's financial health check has awarded Colchester Travel Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £4m, make it smaller than the average company (£13.1m)
- Colchester Travel Ltd
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 55%, show it is growing at a faster rate (40.7%)
- Colchester Travel Ltd
40.7% - Industry AVG
Production
with a gross margin of 24.1%, this company has a comparable cost of product (24.1%)
- Colchester Travel Ltd
24.1% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (4.5%)
- Colchester Travel Ltd
4.5% - Industry AVG
Employees
with 15 employees, this is below the industry average (35)
15 - Colchester Travel Ltd
35 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has an equivalent pay structure (£43.8k)
- Colchester Travel Ltd
£43.8k - Industry AVG
Efficiency
resulting in sales per employee of £263.7k, this is less efficient (£313k)
- Colchester Travel Ltd
£313k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (24 days)
- Colchester Travel Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (28 days)
- Colchester Travel Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Colchester Travel Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 116 weeks, this is more cash available to meet short term requirements (27 weeks)
116 weeks - Colchester Travel Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.9%, this is a lower level of debt than the average (77.7%)
38.9% - Colchester Travel Ltd
77.7% - Industry AVG
COLCHESTER TRAVEL LTD financials
Colchester Travel Ltd's latest turnover from April 2024 is estimated at £4 million and the company has net assets of £1.4 million. According to their latest financial statements, Colchester Travel Ltd has 15 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 15 | 12 | 11 | 14 | 26 | 25 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 277,122 | 275,787 | 278,209 | 278,927 | 290,357 | 293,512 | 31,778 | 49,512 | 39,028 | 33,910 | 16,549 | 24,319 | 227,802 | 236,601 | 239,296 |
Intangible Assets | 0 | 267 | 9,567 | 18,867 | 28,167 | 37,467 | 46,767 | 56,067 | 65,367 | 74,667 | 0 | 0 | 0 | 0 | 7,625 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 275,000 | 300,228 | 225,230 | 225,230 | 225,230 | 225,230 | 230 | 230 | 230 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 277,122 | 276,054 | 287,776 | 297,794 | 318,524 | 330,979 | 353,545 | 405,807 | 329,625 | 333,807 | 241,779 | 249,549 | 228,032 | 236,831 | 247,151 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 8,988 | 12,886 | 48 | 0 | 14,614 | 19,340 | 30,469 | 24,303 | 40,534 | 166,958 | 107,741 | 269,238 | 137,449 | 144,210 | 147,494 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 17,109 | 16,365 | 11,740 | 40,785 | 69,823 | 68,359 | 77,839 | 71,729 | 108,294 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 1,912,446 | 2,076,164 | 1,594,463 | 1,018,392 | 1,021,786 | 1,397,800 | 1,305,717 | 1,287,678 | 1,102,593 | 832,479 | 516,359 | 413,927 | 351,449 | 341,322 | 259,433 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,938,543 | 2,105,415 | 1,606,251 | 1,059,177 | 1,106,223 | 1,485,499 | 1,414,025 | 1,383,710 | 1,251,421 | 999,437 | 624,100 | 683,165 | 488,898 | 485,532 | 406,927 |
total assets | 2,215,665 | 2,381,469 | 1,894,027 | 1,356,971 | 1,424,747 | 1,816,478 | 1,767,570 | 1,789,517 | 1,581,046 | 1,333,244 | 865,879 | 932,714 | 716,930 | 722,363 | 654,078 |
Bank overdraft | 0 | 40,000 | 40,000 | 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 | 0 |
Trade Creditors | 693,703 | 821,071 | 640,279 | 154,643 | 239,257 | 522,154 | 517,841 | 610,607 | 592,242 | 702,437 | 355,732 | 478,701 | 336,913 | 310,988 | 287,030 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,263 | 0 | 0 | 0 | 0 | 0 | 40,000 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 156,319 | 160,901 | 83,728 | 55,844 | 117,547 | 126,480 | 145,513 | 181,976 | 169,725 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 850,022 | 1,021,972 | 764,007 | 210,487 | 356,804 | 648,634 | 663,354 | 813,846 | 761,967 | 702,437 | 355,732 | 478,701 | 336,913 | 350,988 | 287,030 |
loans | 0 | 113,333 | 153,333 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,000 | 40,000 | 0 |
provisions | 11,184 | 11,184 | 11,184 | 8,500 | 8,500 | 8,207 | 4,714 | 11,514 | 1,559 | 610 | 1,184 | 2,077 | 2,067 | 2,989 | 2,805 |
total long term liabilities | 11,184 | 124,517 | 164,517 | 208,500 | 8,500 | 8,207 | 4,714 | 11,514 | 1,559 | 610 | 1,184 | 2,077 | 42,067 | 42,989 | 42,805 |
total liabilities | 861,206 | 1,146,489 | 928,524 | 418,987 | 365,304 | 656,841 | 668,068 | 825,360 | 763,526 | 703,047 | 356,916 | 480,778 | 378,980 | 393,977 | 329,835 |
net assets | 1,354,459 | 1,234,980 | 965,503 | 937,984 | 1,059,443 | 1,159,637 | 1,099,502 | 964,157 | 817,520 | 630,197 | 508,963 | 451,936 | 337,950 | 328,386 | 324,243 |
total shareholders funds | 1,354,459 | 1,234,980 | 965,503 | 937,984 | 1,059,443 | 1,159,637 | 1,099,502 | 964,157 | 817,520 | 630,197 | 508,963 | 451,936 | 337,950 | 328,386 | 324,243 |
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 1,062 | 2,422 | 3,747 | 3,208 | 11,617 | 15,347 | 20,444 | 18,739 | 19,532 | 18,186 | 13,115 | 10,343 | 13,154 | 12,385 | 10,756 |
Amortisation | 267 | 9,300 | 9,300 | 9,300 | 9,300 | 9,300 | 9,300 | 9,300 | 9,300 | 5,333 | 0 | 0 | 0 | 7,625 | 0 |
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -3,154 | 17,463 | -28,997 | -43,652 | -3,262 | -20,609 | 12,276 | -52,796 | -18,130 | 59,217 | -161,497 | 131,789 | -6,761 | -3,284 | 147,494 |
Creditors | -127,368 | 180,792 | 485,636 | -84,614 | -282,897 | 4,313 | -92,766 | 18,365 | -110,195 | 346,705 | -122,969 | 141,788 | 25,925 | 23,958 | 287,030 |
Accruals and Deferred Income | -4,582 | 77,173 | 27,884 | -61,703 | -8,933 | -19,033 | -36,463 | 12,251 | 169,725 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 2,684 | 0 | 293 | 3,493 | -6,800 | 9,955 | 949 | -574 | -893 | 10 | -922 | 184 | 2,805 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | -275,000 | -25,228 | 74,998 | 0 | 0 | 0 | 225,000 | 0 | 0 | 230 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -21,263 | 21,263 | 0 | 0 | 0 | 0 | -40,000 | 40,000 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -113,333 | -40,000 | -46,667 | 200,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -40,000 | 40,000 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -40,000 | 0 | 40,000 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -163,718 | 481,701 | 576,071 | -3,394 | -376,014 | 92,083 | 18,039 | 185,085 | 270,114 | 316,120 | 102,432 | 62,478 | 10,127 | 81,889 | 259,433 |
overdraft | -40,000 | 0 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -123,718 | 481,701 | 536,071 | -3,394 | -376,014 | 92,083 | 18,039 | 185,085 | 270,114 | 316,120 | 102,432 | 62,478 | 10,127 | 81,889 | 259,433 |
colchester travel ltd Credit Report and Business Information
Colchester Travel Ltd Competitor Analysis
Perform a competitor analysis for colchester travel ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CO3 area or any other competitors across 12 key performance metrics.
colchester travel ltd Ownership
COLCHESTER TRAVEL LTD group structure
Colchester Travel Ltd has 1 subsidiary company.
Ultimate parent company
COLCHESTER TRAVEL LTD
02496140
1 subsidiary
colchester travel ltd directors
Colchester Travel Ltd currently has 4 directors. The longest serving directors include Mr John Bennett (Mar 1991) and Mrs Edna Bennett (May 1991).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Bennett | England | 88 years | Mar 1991 | - | Director |
Mrs Edna Bennett | 83 years | May 1991 | - | Director | |
Mr Paul Bennett | 53 years | Jun 2007 | - | Director | |
Mr Paul Bennett | 53 years | Jun 2007 | - | Director |
P&L
April 2024turnover
4m
+32%
operating profit
63.2k
0%
gross margin
24.2%
+1.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
1.4m
+0.1%
total assets
2.2m
-0.07%
cash
1.9m
-0.08%
net assets
Total assets minus all liabilities
colchester travel ltd company details
company number
02496140
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
April 1990
age
35
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
graham bennett & associates limited (February 1999)
grayson bennett and associates limited (May 1991)
accountant
-
auditor
-
address
39 crouch street, colchester, essex, CO3 3EN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
colchester travel ltd 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 colchester travel ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
colchester travel ltd 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.
Click to start generating capital raising & share issue transactions for COLCHESTER TRAVEL LTD. This can take several minutes, an email will notify you when this has completed.
colchester travel ltd Companies House Filings - See Documents
date | description | view/download |
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