Global Flights International Limited

POWER SEARCH PRICING

SOLUTIONS

global flights international limited Company Information

Live

MatureMicroDeclining

Company Number

02827840

Website

www.globalflights.co.uk

Registered Address

5 park close, ilchester place, london, W14 8ND

Industry

Travel agency activities

Telephone

02078380910

Next Accounts Due

78 days late

Group Structure

View All

Directors

Karim Ghazzaoui31 Years

Shareholders

karim ghazzaoui 100%

sophie vignal 0%

global flights international limited Estimated Valuation

£176.3k

Pomanda estimates the enterprise value of GLOBAL FLIGHTS INTERNATIONAL LIMITED at £176.3k based on Net Assets of £62.2k and 2.84x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Global Flights International Limited is a live company located in london, W14 8ND with a Companies House number of 02827840. It operates in the travel agency activities sector, SIC Code 79110. Founded in June 1993, it's largest shareholder is karim ghazzaoui with a 100% stake. Global Flights International Limited is a mature, micro sized company, Pomanda has estimated its turnover at £129.2k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Global Flights International Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

2 Regular

5 Weak

Size

annual sales of £129.2k, make it smaller than the average company (£3.6m)

Growth

3 year (CAGR) sales growth of -38%, show it is growing at a similar rate (-33.4%)

EXPORT

Global Flights International Limited's latest turnover from June 2022 is estimated at £129.2 thousand and the company has net assets of £62.2 thousand. According to their latest financial statements, Global Flights International Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	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	129,186	231,705	363,812	554,027	651,129	677,802	923,217	1,160,704	1,327,014	1,622,886	1,053,383	865,807	2,774,297
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	115,629	205,432	320,338	492,552	580,362	604,935	831,098	1,045,815	1,209,338	1,481,208	960,320	787,585	2,593,204
Gross Profit	13,556	26,273	43,474	61,475	70,767	72,868	92,119	114,888	117,677	141,678	93,063	78,223	181,093
Admin Expenses	-1,260	12,815	18,843	45,538	59,821	86,489	97,122	141,520	121,770	134,095	84,781	71,043	177,962
Operating Profit	14,816	13,458	24,631	15,937	10,946	-13,621	-5,003	-26,632	-4,093	7,583	8,282	7,180	3,131
Interest Payable	0	0	1,770	1,959	0	0	0	0	0	1,175	1,776	601	2,778
Interest Receivable	0	0	43	345	96	80	296	235	207	190	1	66	0
Pre-Tax Profit	14,816	13,458	22,904	14,323	11,042	-13,541	-4,707	-26,397	-3,886	6,597	6,507	6,645	3,131
Tax	-2,815	-2,557	-4,352	-2,721	-2,098	0	0	0	0	-1,517	-1,562	-1,728	-649
Profit After Tax	12,001	10,901	18,552	11,602	8,944	-13,541	-4,707	-26,397	-3,886	5,080	4,945	4,917	2,482
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	12,001	10,901	18,552	11,602	8,944	-13,541	-4,707	-26,397	-3,886	5,080	4,945	4,917	2,482
Employee Costs	105,200	99,493	105,000	33,353	129,946	63,012	63,111	87,325	87,387	85,574	55,644	56,743	119,854
Number Of Employees	3	3	3	1	4	2	2	3	3	3	2	2	1
EBITDA*	14,816	13,458	24,912	16,218	10,946	-13,039	-4,276	-25,723	-4,059	7,626	8,335	7,269	3,250

* Earnings Before Interest, Tax, Depreciation and Amortisation

	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	864	1,053	1,283	1,565	1,909	2,327	2,909	3,636	139	173	216	269	358
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	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
Total Fixed Assets	864	1,053	1,283	1,565	1,909	2,327	2,909	3,636	139	173	216	269	358
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	216,869	238,613	186,293	189,978	251,281	201,133	205,560	262,270	318,542	391,496	260,146	248,250	228,702
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	80,394	85,516	0	0	0	0	0	0	0	18,435
Cash	0	0	0	86,081	5,984	32,458	31,595	86,987	7,123	75,873	0	346	26,161
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	216,869	238,613	186,293	356,453	342,781	233,591	237,155	349,257	325,665	467,369	260,146	248,596	273,298
total assets	217,733	239,666	187,576	358,018	344,690	235,918	240,064	352,893	325,804	467,542	260,362	248,865	273,656
Bank overdraft	0	0	0	0	0	0	0	0	0	0	36,150	18,500	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	114,577	134,940	93,751	238,277	261,423	210,832	201,437	309,559	256,073	393,925	155,675	137,738	176,238
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	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
other current liabilities	0	0	0	16,078	13,041	0	0	0	0	0	0	29,035	38,743
total current liabilities	114,577	134,940	93,751	254,355	274,464	210,832	201,437	309,559	256,073	393,925	191,825	185,273	214,981
loans	0	0	0	58,031	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	40,972	54,543	54,543	0	36,196	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	40,972	54,543	54,543	58,031	36,196	0	0	0	0	0	0	0	0
total liabilities	155,549	189,483	148,294	312,386	310,660	210,832	201,437	309,559	256,073	393,925	191,825	185,273	214,981
net assets	62,184	50,183	39,282	45,632	34,030	25,086	38,627	43,334	69,731	73,617	68,537	63,592	58,675
total shareholders funds	62,184	50,183	39,282	45,632	34,030	25,086	38,627	43,334	69,731	73,617	68,537	63,592	58,675

	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	14,816	13,458	24,631	15,937	10,946	-13,621	-5,003	-26,632	-4,093	7,583	8,282	7,180	3,131
Depreciation	0	0	281	281	0	582	727	909	34	43	53	89	119
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-2,815	-2,557	-4,352	-2,721	-2,098	0	0	0	0	-1,517	-1,562	-1,728	-649
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-21,744	52,320	-84,079	-66,425	135,664	-4,427	-56,710	-56,272	-72,954	131,350	11,896	1,113	247,137
Creditors	-20,363	41,189	-144,526	-23,146	50,591	9,395	-108,122	53,486	-137,852	238,250	17,937	-38,500	176,238
Accruals and Deferred Income	0	0	-16,078	3,037	13,041	0	0	0	0	0	-29,035	-9,708	38,743
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	13,382	-230	-55,965	59,813	-63,184	783	-55,688	84,035	-68,957	113,009	-16,221	-43,780	-29,555
Investing Activities
capital expenditure	189	230	1	63	418	0	0	-4,406	0	0	0	0	-477
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	189	230	1	63	418	0	0	-4,406	0	0	0	0	-477
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	-58,031	58,031	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-13,571	0	54,543	-36,196	36,196	0	0	0	0	0	0	0	0
share issue	0	0	-24,902	0	0	0	0	0	0	0	0	0	56,193
interest	0	0	-1,727	-1,614	96	80	296	235	207	-985	-1,775	-535	-2,778
cash flow from financing	-13,571	0	-30,117	20,221	36,292	80	296	235	207	-985	-1,775	-535	53,415
cash and cash equivalents
cash	0	0	-86,081	80,097	-26,474	863	-55,392	79,864	-68,750	75,873	-346	-25,815	26,161
overdraft	0	0	0	0	0	0	0	0	0	-36,150	17,650	18,500	0
change in cash	0	0	-86,081	80,097	-26,474	863	-55,392	79,864	-68,750	112,023	-17,996	-44,315	26,161

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for global flights international limited. Get real-time insights into global flights international 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

Perform a competitor analysis for global flights international limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

GLOBAL FLIGHTS INTERNATIONAL LIMITED group structure

Global Flights International Limited has no subsidiary companies.

Ultimate parent company

GLOBAL FLIGHTS INTERNATIONAL LIMITED

02827840

GLOBAL FLIGHTS INTERNATIONAL LIMITED Shareholders

karim ghazzaoui	100%
sophie vignal	0%

Global Flights International Limited currently has 1 director, Mr Karim Ghazzaoui serving since Jun 1993.

officer	country	age	start	end	role
Mr Karim Ghazzaoui	England	59 years	Jun 1993	-	Director

P&L

June 2022

turnover

129.2k

-44%

operating profit

14.8k

gross margin

10.5%

-7.46%

turnover

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

Balance Sheet

June 2022

net assets

62.2k

+0.24%

total assets

217.7k

-0.09%

cash

net assets

Total assets minus all liabilities

Similar Companies

Agree?

dome tours international ltd

3.5

3.5

1.5

company number

02827840

Type

Private limited with Share Capital

industry

79110 - Travel agency activities

incorporation date

June 1993

age

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

address

5 park close, ilchester place, london, W14 8ND

last accounts submitted

June 2022

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 2 charges/mortgages relating to global flights international limited. Currently there are 2 open charges and 0 have been satisfied in the past.

global flights international limited Company Information

global flights international limited Estimated Valuation

global flights international limited Estimated Valuation

global flights international limited Estimated Valuation

Global Flights International Limited Overview

Global Flights International Limited Health Check

GLOBAL FLIGHTS INTERNATIONAL LIMITED financials

global flights international limited Credit Report and Business Information

Global Flights International Limited Competitor Analysis

global flights international limited Ownership

global flights international limited directors

global flights international limited company details

global flights international limited Charges & Mortgages

global flights international limited Companies House Filings - See Documents