hays tour operating limited
hays tour operating limited Company Information
Company Number
03591401
Next Accounts
Jan 2026
Industry
Travel agency activities
Shareholders
hays travel ltd
Group Structure
View All
Contact
Registered Address
gilbridge house keel square, sunderland, SR1 3HA
Website
www.haysfaraway.co.ukhays tour operating limited Estimated Valuation
Pomanda estimates the enterprise value of HAYS TOUR OPERATING LIMITED at £189.8m based on a Turnover of £179.3m and 1.06x industry multiple (adjusted for size and gross margin).
hays tour operating limited Estimated Valuation
Pomanda estimates the enterprise value of HAYS TOUR OPERATING LIMITED at £27.9m based on an EBITDA of £5.4m and a 5.17x industry multiple (adjusted for size and gross margin).
hays tour operating limited Estimated Valuation
Pomanda estimates the enterprise value of HAYS TOUR OPERATING LIMITED at £13.9m based on Net Assets of £6.1m and 2.27x industry multiple (adjusted for liquidity).
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Hays Tour Operating Limited Overview
Hays Tour Operating Limited is a live company located in sunderland, SR1 3HA with a Companies House number of 03591401. It operates in the travel agency activities sector, SIC Code 79110. Founded in July 1998, it's largest shareholder is hays travel ltd with a 100% stake. Hays Tour Operating Limited is a mature, mega sized company, Pomanda has estimated its turnover at £179.3m with high growth in recent years.
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Hays Tour Operating Limited Health Check
Pomanda's financial health check has awarded Hays Tour Operating Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
6 Weak
Size
annual sales of £179.3m, make it larger than the average company (£13.1m)
£179.3m - Hays Tour Operating Limited
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a slower rate (40.7%)
27% - Hays Tour Operating Limited
40.7% - Industry AVG
Production
with a gross margin of 5%, this company has a higher cost of product (24.1%)
5% - Hays Tour Operating Limited
24.1% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (4.5%)
3% - Hays Tour Operating Limited
4.5% - Industry AVG
Employees
with 173 employees, this is above the industry average (35)
173 - Hays Tour Operating Limited
35 - Industry AVG
Pay Structure
on an average salary of £23.6k, the company has a lower pay structure (£43.7k)
£23.6k - Hays Tour Operating Limited
£43.7k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£309.3k)
£1m - Hays Tour Operating Limited
£309.3k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (24 days)
51 days - Hays Tour Operating Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 150 days, this is slower than average (28 days)
150 days - Hays Tour Operating Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hays Tour Operating Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (27 weeks)
5 weeks - Hays Tour Operating Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95%, this is a higher level of debt than the average (77.7%)
95% - Hays Tour Operating Limited
77.7% - Industry AVG
HAYS TOUR OPERATING LIMITED financials
Hays Tour Operating Limited's latest turnover from April 2024 is £179.3 million and the company has net assets of £6.1 million. According to their latest financial statements, Hays Tour Operating Limited has 173 employees and maintains cash reserves of £13.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 179,302,000 | 202,440,000 | 67,823,000 | 88,299,000 | 164,084,952 | 146,189,340 | 133,360,715 | 168,082,281 | 156,379,540 | 125,078,477 | 56,603,411 | 11,035,832 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 170,307,000 | 196,357,000 | 67,309,000 | 86,114,000 | 158,844,288 | 142,371,359 | 130,014,514 | ||||||||
| Gross Profit | 8,995,000 | 6,083,000 | 514,000 | 2,185,000 | 5,240,664 | 3,817,981 | 3,346,201 | ||||||||
| Admin Expenses | 3,618,000 | 4,195,000 | 3,505,000 | 4,195,000 | 2,160,724 | 1,943,678 | 1,514,998 | ||||||||
| Operating Profit | 5,377,000 | 1,888,000 | -2,991,000 | -2,010,000 | 3,079,940 | 1,874,303 | 1,831,203 | 1,364,417 | 1,644,957 | 418,973 | 45,227 | -110,820 | |||
| Interest Payable | 0 | 0 | 1,000 | 0 | 0 | 4,464 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 303,000 | 7,000 | 0 | 1,000 | 2,343 | 0 | 2,210 | 39,803 | 4,589 | 875 | 0 | 0 | |||
| Pre-Tax Profit | 5,680,000 | 1,953,000 | -3,228,000 | -2,962,000 | 3,082,283 | 1,869,839 | 1,833,413 | 1,404,220 | 1,649,546 | 419,848 | 45,541 | -110,820 | |||
| Tax | -2,995,000 | -435,000 | 2,255,000 | 566,000 | -585,084 | -354,955 | -355,363 | -280,913 | -336,928 | -80,969 | -8,816 | 0 | |||
| Profit After Tax | 2,685,000 | 1,518,000 | -973,000 | -2,396,000 | 2,497,199 | 1,514,884 | 1,478,050 | 1,123,307 | 1,312,618 | 338,879 | 36,725 | -110,820 | |||
| Dividends Paid | 0 | 0 | 0 | 2,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | 2,685,000 | 1,518,000 | -973,000 | -4,896,000 | 2,497,199 | 1,514,884 | 1,478,050 | 1,123,307 | 1,312,618 | 338,879 | 36,725 | -110,820 | |||
| Employee Costs | 4,087,000 | 4,164,000 | 2,896,000 | 3,914,000 | 1,774,640 | 1,588,747 | 1,228,415 | 1,258,012 | 1,023,760 | 760,840 | 382,209 | ||||
| Number Of Employees | 173 | 223 | 157 | 132 | 83 | 82 | 72 | 72 | 56 | 41 | 20 | ||||
| EBITDA* | 5,385,000 | 1,894,000 | -2,986,000 | -2,002,000 | 3,084,731 | 1,877,607 | 1,834,116 | 1,371,142 | 1,652,904 | 426,886 | 48,776 | -110,808 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,000 | 22,000 | 10,000 | 15,000 | 18,479 | 4,020 | 7,108 | 6,469 | 9,520 | 17,467 | 45,165 | 118 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 2,087,000 | 2,339,000 | 186,000 | 0 | 102,758 | 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 | 0 |
| Total Fixed Assets | 14,000 | 2,109,000 | 2,349,000 | 201,000 | 18,479 | 106,778 | 7,108 | 6,469 | 9,520 | 17,467 | 45,165 | 118 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 25,119,000 | 22,643,000 | 23,677,000 | 19,117,000 | 20,394,361 | 16,960,120 | 12,074,165 | 9,526,554 | 25,084,949 | 13,306,345 | 11,689,606 | 3,928,137 | 0 | 0 | 0 |
| Group Debtors | 80,506,000 | 85,014,000 | 80,463,000 | 87,687,000 | 56,606,463 | 47,437,692 | 40,781,971 | 38,077,549 | 26,583,720 | 27,321,058 | 17,705,835 | 1,520,909 | 0 | 0 | 0 |
| Misc Debtors | 4,638,000 | 12,382,000 | 9,006,000 | 5,673,000 | 4,801,088 | 2,043,051 | 1,408,682 | 1,262,492 | 10,007,370 | 5,225,858 | 4,333,186 | 975,978 | 0 | 0 | 0 |
| Cash | 13,063,000 | 8,067,000 | 16,845,000 | 2,109,000 | 5,793,725 | 5,449,419 | 2,573,728 | 2,849,556 | 17,534,928 | 2,047,268 | 2,498,974 | 1,043,206 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 123,326,000 | 128,106,000 | 129,991,000 | 114,586,000 | 87,595,637 | 71,890,282 | 56,838,546 | 51,716,151 | 79,210,967 | 47,900,529 | 36,227,601 | 7,468,230 | 0 | 0 | 0 |
| total assets | 123,340,000 | 130,215,000 | 132,340,000 | 114,787,000 | 87,614,116 | 71,997,060 | 56,845,654 | 51,722,620 | 79,220,487 | 47,917,996 | 36,272,766 | 7,468,348 | 0 | 0 | 0 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 70,153,000 | 59,781,000 | 77,188,000 | 55,683,000 | 49,255,479 | 40,476,788 | 29,386,477 | 24,414,900 | 44,758,970 | 26,380,639 | 18,681,353 | 5,135,426 | 0 | 0 | 0 |
| Group/Directors Accounts | 31,660,000 | 53,230,000 | 39,205,000 | 43,979,000 | 20,667,639 | 18,281,168 | 17,460,405 | 18,751,061 | 16,863,513 | 13,496,772 | 11,249,834 | 900,617 | 0 | 0 | 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 | 15,378,000 | 13,740,000 | 13,995,000 | 12,205,000 | 9,875,325 | 7,920,630 | 5,820,013 | 5,855,950 | 16,020,602 | 7,775,801 | 6,415,674 | 1,543,125 | 0 | 0 | 0 |
| total current liabilities | 117,191,000 | 126,751,000 | 130,388,000 | 111,867,000 | 79,798,443 | 66,678,586 | 52,666,895 | 49,021,911 | 77,643,085 | 47,653,212 | 36,346,861 | 7,579,168 | 0 | 0 | 0 |
| loans | 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 |
| 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 | 0 | 0 | 0 |
| provisions | 0 | 0 | 6,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 6,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 117,191,000 | 126,751,000 | 130,394,000 | 111,868,000 | 79,798,443 | 66,678,586 | 52,666,895 | 49,021,911 | 77,643,085 | 47,653,212 | 36,346,861 | 7,579,168 | 0 | 0 | 0 |
| net assets | 6,149,000 | 3,464,000 | 1,946,000 | 2,919,000 | 7,815,673 | 5,318,474 | 4,178,759 | 2,700,709 | 1,577,402 | 264,784 | -74,095 | -110,820 | 0 | 0 | 0 |
| total shareholders funds | 6,149,000 | 3,464,000 | 1,946,000 | 2,919,000 | 7,815,673 | 5,318,474 | 4,178,759 | 2,700,709 | 1,577,402 | 264,784 | -74,095 | -110,820 | 0 | 0 | 0 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 5,377,000 | 1,888,000 | -2,991,000 | -2,010,000 | 3,079,940 | 1,874,303 | 1,831,203 | 1,364,417 | 1,644,957 | 418,973 | 45,227 | -110,820 | |||
| Depreciation | 8,000 | 6,000 | 5,000 | 8,000 | 4,791 | 3,304 | 2,913 | 6,725 | 7,947 | 7,913 | 3,549 | 12 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -2,995,000 | -435,000 | 2,255,000 | 566,000 | -585,084 | -354,955 | -355,363 | -280,913 | -336,928 | -80,969 | -8,816 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -9,776,000 | 6,893,000 | 669,000 | 112,477,000 | 15,361,049 | 12,176,045 | 5,398,223 | -12,809,444 | 15,822,778 | 12,124,634 | 27,303,603 | 6,425,024 | 0 | 0 | 0 |
| Creditors | 10,372,000 | -17,407,000 | 21,505,000 | 55,683,000 | 8,778,691 | 11,090,311 | 4,971,577 | -20,344,070 | 18,378,331 | 7,699,286 | 13,545,927 | 5,135,426 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,638,000 | -255,000 | 1,790,000 | 12,205,000 | 1,954,695 | 2,100,617 | -35,937 | -10,164,652 | 8,244,801 | 1,360,127 | 4,872,549 | 1,543,125 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -6,000 | 5,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 24,176,000 | -23,102,000 | 21,900,000 | -46,024,000 | -2,128,016 | 2,537,535 | 1,016,170 | -16,609,049 | 12,116,330 | -2,719,304 | -8,845,167 | 142,719 | |||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -2,087,000 | -252,000 | 2,153,000 | 186,000 | -102,758 | 102,758 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -21,570,000 | 14,025,000 | -4,774,000 | 43,979,000 | 2,386,471 | 820,763 | -1,290,656 | 1,887,548 | 3,366,741 | 2,246,938 | 10,349,217 | 900,617 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 303,000 | 7,000 | -1,000 | 1,000 | 2,343 | -4,464 | 2,210 | 39,803 | 4,589 | 875 | 0 | 0 | |||
| cash flow from financing | -21,267,000 | 14,032,000 | -4,775,000 | 51,795,000 | 2,388,814 | 441,130 | -1,288,446 | 1,927,351 | 3,371,330 | 2,247,813 | 10,349,217 | 900,617 | |||
| cash and cash equivalents | |||||||||||||||
| cash | 4,996,000 | -8,778,000 | 14,736,000 | 2,109,000 | 344,306 | 2,875,691 | -275,828 | -14,685,372 | 15,487,660 | -451,706 | 1,455,768 | 1,043,206 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,996,000 | -8,778,000 | 14,736,000 | 2,109,000 | 344,306 | 2,875,691 | -275,828 | -14,685,372 | 15,487,660 | -451,706 | 1,455,768 | 1,043,206 | 0 | 0 | 0 |
hays tour operating limited Credit Report and Business Information
Hays Tour Operating Limited Competitor Analysis
Perform a competitor analysis for hays tour operating limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in SR1 area or any other competitors across 12 key performance metrics.
hays tour operating limited Ownership
HAYS TOUR OPERATING LIMITED group structure
Hays Tour Operating Limited has no subsidiary companies.
hays tour operating limited directors
Hays Tour Operating Limited currently has 2 directors. The longest serving directors include Mrs Irene Hays (Feb 2019) and Mr Kenneth Campling (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Irene Hays | England | 71 years | Feb 2019 | - | Director |
| Mr Kenneth Campling | England | 61 years | Jul 2021 | - | Director |
P&L
April 2024turnover
179.3m
-11%
operating profit
5.4m
+185%
gross margin
5.1%
+66.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
6.1m
+0.78%
total assets
123.3m
-0.05%
cash
13.1m
+0.62%
net assets
Total assets minus all liabilities
hays tour operating limited company details
company number
03591401
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
July 1998
age
27
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2024
previous names
hays faraway limited (November 2011)
hays direct limited (June 2008)
accountant
-
auditor
MHA
address
gilbridge house keel square, sunderland, SR1 3HA
Bank
BARCLAYS BANK PLC
Legal Advisor
MUCKLE LLP
hays tour operating 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 did not find charges/mortgages relating to hays tour operating limited.
hays tour operating limited 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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hays tour operating limited Companies House Filings - See Documents
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