altour international limited
altour international limited Company Information
Company Number
03797791
Website
www.altour.comRegistered Address
101 st. martin's lane, first floor, london, WC2N 4AZ
Industry
Travel agency activities
Telephone
02038195000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
travel leaders group uk limited 100%
altour international limited Estimated Valuation
Pomanda estimates the enterprise value of ALTOUR INTERNATIONAL LIMITED at £6.4m based on a Turnover of £8.8m and 0.73x industry multiple (adjusted for size and gross margin).
altour international limited Estimated Valuation
Pomanda estimates the enterprise value of ALTOUR INTERNATIONAL LIMITED at £0 based on an EBITDA of £-142.1k and a 5x industry multiple (adjusted for size and gross margin).
altour international limited Estimated Valuation
Pomanda estimates the enterprise value of ALTOUR INTERNATIONAL LIMITED at £11m based on Net Assets of £4.2m and 2.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Altour International Limited Overview
Altour International Limited is a live company located in london, WC2N 4AZ with a Companies House number of 03797791. It operates in the travel agency activities sector, SIC Code 79110. Founded in June 1999, it's largest shareholder is travel leaders group uk limited with a 100% stake. Altour International Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.8m with declining growth in recent years.
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Altour International Limited Health Check
Pomanda's financial health check has awarded Altour International Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £8.8m, make it larger than the average company (£7.3m)
£8.8m - Altour International Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a faster rate (-14.2%)
-11% - Altour International Limited
-14.2% - Industry AVG
Production
with a gross margin of 33.2%, this company has a lower cost of product (25.9%)
33.2% - Altour International Limited
25.9% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (1%)
-2.4% - Altour International Limited
1% - Industry AVG
Employees
with 97 employees, this is above the industry average (37)
97 - Altour International Limited
37 - Industry AVG
Pay Structure
on an average salary of £16.9k, the company has a lower pay structure (£39.1k)
£16.9k - Altour International Limited
£39.1k - Industry AVG
Efficiency
resulting in sales per employee of £91.1k, this is less efficient (£155.1k)
£91.1k - Altour International Limited
£155.1k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (44 days)
106 days - Altour International Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 175 days, this is slower than average (73 days)
175 days - Altour International Limited
73 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Altour International Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (17 weeks)
17 weeks - Altour International Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.6%, this is a lower level of debt than the average (84.2%)
70.6% - Altour International Limited
84.2% - Industry AVG
ALTOUR INTERNATIONAL LIMITED financials
Altour International Limited's latest turnover from December 2022 is £8.8 million and the company has net assets of £4.2 million. According to their latest financial statements, Altour International Limited has 97 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,834,780 | 2,482,573 | 2,995,839 | 12,418,410 | 10,093,648 | 10,660,936 | 11,927,283 | 46,559,189 | 44,591,336 | 36,203,942 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 5,901,947 | 1,593,319 | 1,634,456 | 6,666,200 | 4,338,505 | 42,845,961 | ||||||||
| Gross Profit | 2,932,833 | 889,254 | 1,361,383 | 5,752,210 | 5,755,143 | 3,713,228 | ||||||||
| Admin Expenses | 3,147,334 | 2,339,750 | 3,350,863 | 4,447,788 | 4,058,060 | 2,259,901 | ||||||||
| Operating Profit | -214,501 | -1,450,496 | -1,989,480 | 1,304,422 | 1,697,083 | 894,631 | 1,847,396 | 1,453,327 | 1,388,941 | 453,859 | ||||
| Interest Payable | 60,193 | 63,372 | 38,208 | 137,998 | 0 | 0 | 0 | 1,126 | 1,836 | 0 | ||||
| Interest Receivable | 6,099 | 0 | 1,948 | 9,390 | 10,016 | 1,146 | 4,588 | 6,365 | 897 | 341 | ||||
| Pre-Tax Profit | 31,405 | -1,513,868 | -2,025,740 | 992,466 | 348,517 | 895,777 | 1,851,984 | 1,458,566 | 1,382,841 | 454,142 | ||||
| Tax | -81,248 | 447,960 | 382,364 | -224,571 | -313,849 | -248,487 | -476,421 | -327,704 | -309,523 | -108,814 | ||||
| Profit After Tax | -49,843 | -1,065,908 | -1,643,376 | 767,895 | 34,668 | 647,290 | 1,375,563 | 1,130,862 | 1,073,318 | 345,328 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -49,843 | -1,065,908 | -1,643,376 | 767,895 | 34,668 | 647,290 | 1,375,563 | 1,130,862 | 1,073,318 | 345,328 | ||||
| Employee Costs | 1,635,515 | 1,745,909 | 3,057,343 | 3,081,350 | 2,391,745 | 4,186,140 | 3,739,663 | 1,082,378 | 855,481 | 982,319 | ||||
| Number Of Employees | 97 | 76 | 76 | 81 | 68 | 130 | 118 | 40 | 31 | 31 | ||||
| EBITDA* | -142,063 | -1,372,348 | -1,900,370 | 1,368,133 | 1,811,723 | 1,505,000 | 2,434,741 | 1,656,508 | 1,474,380 | 511,768 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 31,545 | 113,973 | 176,606 | 263,371 | 87,683 | 196,988 | 300,351 | 323,397 | 73,217 | 88,675 | 115,069 | 130,072 | 152,993 | 88,155 |
| Intangible Assets | 50,552 | 63,725 | 8,510 | 0 | 4,105,269 | 4,076,062 | 4,183,573 | 151,120 | 138,036 | 82,794 | 77,153 | 0 | 0 | 50,844 |
| Investments & Other | 8,114,766 | 8,114,766 | 8,114,766 | 8,114,766 | 0 | 8,259 | 8,259 | 852 | 852 | 852 | 852 | 852 | 852 | 852 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,196,863 | 8,292,464 | 8,299,882 | 8,378,137 | 4,192,952 | 4,281,309 | 4,492,183 | 475,369 | 212,105 | 172,321 | 193,074 | 130,924 | 153,845 | 139,851 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,568,500 | 1,142,138 | 180,834 | 2,132,234 | 1,934,412 | 2,540,642 | 2,067,549 | 1,221,469 | 1,785,182 | 1,736,090 | 2,254,957 | 1,514,435 | 657,642 | 626,735 |
| Group Debtors | 99,361 | 0 | 153,017 | 301,738 | 635,426 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 909,751 | 1,054,667 | 650,555 | 1,124,911 | 710,295 | 1,321,745 | 1,793,291 | 2,200,689 | 1,368,757 | 740,390 | 0 | 0 | 0 | 0 |
| Cash | 2,573,084 | 188,207 | 73,714 | 1,817,582 | 2,668,490 | 4,160,472 | 3,509,388 | 2,003,412 | 1,622,808 | 1,128,293 | 450,280 | 418,336 | 524,450 | 508,293 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,150,696 | 2,385,012 | 1,058,120 | 5,376,465 | 5,948,623 | 8,022,859 | 7,370,228 | 5,425,570 | 4,776,747 | 3,604,773 | 2,705,237 | 1,932,771 | 1,182,092 | 1,135,028 |
| total assets | 14,347,559 | 10,677,476 | 9,358,002 | 13,754,602 | 10,141,575 | 12,304,168 | 11,862,411 | 5,900,939 | 4,988,852 | 3,777,094 | 2,898,311 | 2,063,695 | 1,335,937 | 1,274,879 |
| Bank overdraft | 0 | 402,372 | 14,726 | 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 | 2,836,674 | 1,093,023 | 653,687 | 3,088,589 | 2,577,434 | 2,519,784 | 2,536,299 | 1,837,853 | 2,003,716 | 1,945,142 | 1,894,945 | 1,247,084 | 768,927 | 722,286 |
| Group/Directors Accounts | 3,269,583 | 1,641,990 | 77,416 | 327,331 | 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 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,726,610 | 1,023,816 | 870,381 | 974,811 | 1,350,254 | 4,173,891 | 4,172,661 | 463,005 | 568,224 | 487,117 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,832,867 | 4,161,201 | 1,616,210 | 4,390,731 | 3,927,688 | 6,693,675 | 6,708,960 | 2,300,858 | 2,571,940 | 2,432,259 | 1,894,945 | 1,247,084 | 768,927 | 722,286 |
| loans | 848,371 | 867,857 | 1,563,011 | 767,979 | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 131,167 | 291,910 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,450,013 | 1,382,267 | 846,722 | 1,584,299 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 36,158 | 6,347 | 19,698 | 53,801 | 62,580 | 10,273 | 11,514 | 15,373 | 16,289 | 18,412 | 6,875 |
| total long term liabilities | 2,298,384 | 2,250,124 | 2,409,733 | 2,388,436 | 6,347 | 150,865 | 345,711 | 62,580 | 10,273 | 11,514 | 15,373 | 16,289 | 18,412 | 6,875 |
| total liabilities | 10,131,251 | 6,411,325 | 4,025,943 | 6,779,167 | 3,934,035 | 6,844,540 | 7,054,671 | 2,363,438 | 2,582,213 | 2,443,773 | 1,910,318 | 1,263,373 | 787,339 | 729,161 |
| net assets | 4,216,308 | 4,266,151 | 5,332,059 | 6,975,435 | 6,207,540 | 5,440,351 | 4,807,740 | 3,537,501 | 2,406,639 | 1,333,321 | 987,993 | 800,322 | 548,598 | 545,718 |
| total shareholders funds | 4,216,308 | 4,266,151 | 5,332,059 | 6,975,435 | 6,207,540 | 5,440,351 | 4,807,740 | 3,537,501 | 2,406,639 | 1,333,321 | 987,993 | 800,322 | 548,598 | 545,718 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -214,501 | -1,450,496 | -1,989,480 | 1,304,422 | 1,697,083 | 894,631 | 1,847,396 | 1,453,327 | 1,388,941 | 453,859 | ||||
| Depreciation | 59,265 | 75,773 | 89,110 | 63,711 | 114,640 | 141,243 | 128,585 | 90,105 | 31,121 | 33,670 | 39,852 | 42,218 | 62,884 | 53,626 |
| Amortisation | 13,173 | 2,375 | 0 | 0 | 469,126 | 458,760 | 113,076 | 54,318 | 24,239 | 15,430 | 0 | 50,844 | 100,188 | |
| Tax | -81,248 | 447,960 | 382,364 | -224,571 | -313,849 | -248,487 | -476,421 | -327,704 | -309,523 | -108,814 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,380,807 | 1,212,399 | -2,574,477 | 278,750 | -582,254 | 1,547 | 438,682 | 268,219 | 677,459 | 221,523 | 740,522 | 856,793 | 30,907 | 626,735 |
| Creditors | 1,743,651 | 439,336 | -2,434,902 | 511,155 | 57,650 | -16,515 | 698,446 | -165,863 | 58,574 | 50,197 | 647,861 | 478,157 | 46,641 | 722,286 |
| Accruals and Deferred Income | 702,794 | 153,435 | -104,430 | -375,443 | -2,954,804 | -159,513 | 4,001,566 | -105,219 | 81,107 | 487,117 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -36,158 | 29,811 | -13,351 | -34,103 | -8,779 | 52,307 | -1,241 | -3,859 | -916 | -2,123 | 11,537 | 6,875 |
| Cash flow from operations | 842,327 | -1,544,016 | -1,519,019 | 1,030,335 | 1,044,835 | 6,210,871 | 841,810 | 625,838 | 714,886 | |||||
| Investing Activities | ||||||||||||||
| capital expenditure | -399,495 | -4,713,806 | -500,647 | -125,223 | -37,156 | |||||||||
| Change in Investments | 0 | 0 | 0 | 8,114,766 | -8,259 | 0 | 7,407 | 0 | 0 | 0 | 0 | 0 | 0 | 852 |
| cash flow from investments | -399,495 | -4,721,213 | -500,647 | -125,223 | -37,156 | |||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,627,593 | 1,564,574 | -249,915 | 327,331 | 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 | 0 |
| Long term loans | -19,486 | -695,154 | 795,032 | 767,979 | 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 |
| other long term liabilities | 67,746 | 535,545 | -737,577 | 1,584,299 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -54,094 | -63,372 | -36,260 | -128,608 | 10,016 | 1,146 | 4,588 | 5,239 | -939 | 341 | ||||
| cash flow from financing | 1,621,759 | 1,341,593 | -228,720 | 2,551,001 | 742,537 | -13,533 | -100,736 | 5,239 | -939 | 341 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | 2,384,877 | 114,493 | -1,743,868 | -850,908 | -1,491,982 | 651,084 | 1,505,976 | 380,604 | 494,515 | 678,013 | 31,944 | -106,114 | 16,157 | 508,293 |
| overdraft | -402,372 | 387,646 | 14,726 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,787,249 | -273,153 | -1,758,594 | -850,908 | -1,491,982 | 651,084 | 1,505,976 | 380,604 | 494,515 | 678,013 | 31,944 | -106,114 | 16,157 | 508,293 |
altour international limited Credit Report and Business Information
Altour International Limited Competitor Analysis
Perform a competitor analysis for altour international limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
altour international limited Ownership
ALTOUR INTERNATIONAL LIMITED group structure
Altour International Limited has 6 subsidiary companies.
Ultimate parent company
INTERNOVA HOLDINGS LLC
#0129126
2 parents
ALTOUR INTERNATIONAL LIMITED
03797791
6 subsidiaries
altour international limited directors
Altour International Limited currently has 5 directors. The longest serving directors include Mr John O'Hara (May 2021) and Mr Jason Oshiokpekhai (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John O'Hara | United Kingdom | 49 years | May 2021 | - | Director |
| Mr Jason Oshiokpekhai | England | 44 years | May 2021 | - | Director |
| Mr Robert Klug | England | 57 years | May 2021 | - | Director |
| Mr Adekunle Taiwo | 57 years | May 2021 | - | Director | |
| Ms Helena Daras | United Kingdom | 45 years | May 2021 | - | Director |
P&L
December 2022turnover
8.8m
+256%
operating profit
-214.5k
-85%
gross margin
33.2%
-7.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4.2m
-0.01%
total assets
14.3m
+0.34%
cash
2.6m
+12.67%
net assets
Total assets minus all liabilities
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altour international limited company details
company number
03797791
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
June 1999
age
25
accounts
Full Accounts
ultimate parent company
previous names
transfer 10 limited (August 1999)
incorporated
UK
address
101 st. martin's lane, first floor, london, WC2N 4AZ
last accounts submitted
December 2022
altour international 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 5 charges/mortgages relating to altour international limited. Currently there are 3 open charges and 2 have been satisfied in the past.
altour international limited Companies House Filings - See Documents
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