sta travel management limited
sta travel management limited Company Information
Company Number
04204564
Next Accounts
1547 days late
Shareholders
sta travel holding a.g.
Group Structure
View All
Industry
Financial management
Registered Address
menzies llp 4th floor, 95 gresham street, london, EC2V 7AB
Website
www.statravel.co.uksta travel management limited Estimated Valuation
Pomanda estimates the enterprise value of STA TRAVEL MANAGEMENT LIMITED at £1.4m based on a Turnover of £1.9m and 0.71x industry multiple (adjusted for size and gross margin).
sta travel management limited Estimated Valuation
Pomanda estimates the enterprise value of STA TRAVEL MANAGEMENT LIMITED at £0 based on an EBITDA of £-23.5m and a 5.49x industry multiple (adjusted for size and gross margin).
sta travel management limited Estimated Valuation
Pomanda estimates the enterprise value of STA TRAVEL MANAGEMENT LIMITED at £0 based on Net Assets of £-64.2m and 3.51x industry multiple (adjusted for liquidity).
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Sta Travel Management Limited Overview
Sta Travel Management Limited is a live company located in london, EC2V 7AB with a Companies House number of 04204564. It operates in the financial management sector, SIC Code 70221. Founded in April 2001, it's largest shareholder is sta travel holding a.g. with a 100% stake. Sta Travel Management Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with declining growth in recent years.
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Sta Travel Management Limited Health Check
Pomanda's financial health check has awarded Sta Travel Management Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £1.9m, make it larger than the average company (£216.8k)
£1.9m - Sta Travel Management Limited
£216.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -48%, show it is growing at a slower rate (6.5%)
-48% - Sta Travel Management Limited
6.5% - Industry AVG
Production
with a gross margin of 75.4%, this company has a comparable cost of product (75.4%)
75.4% - Sta Travel Management Limited
75.4% - Industry AVG
Profitability
an operating margin of -1287.6% make it less profitable than the average company (9.8%)
-1287.6% - Sta Travel Management Limited
9.8% - Industry AVG
Employees
with 197 employees, this is above the industry average (10)
197 - Sta Travel Management Limited
10 - Industry AVG
Pay Structure
on an average salary of £72.6k, the company has a higher pay structure (£59.8k)
£72.6k - Sta Travel Management Limited
£59.8k - Industry AVG
Efficiency
resulting in sales per employee of £9.7k, this is less efficient (£163.8k)
£9.7k - Sta Travel Management Limited
£163.8k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is near the average (74 days)
80 days - Sta Travel Management Limited
74 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (53 days)
62 days - Sta Travel Management Limited
53 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sta Travel Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (32 weeks)
0 weeks - Sta Travel Management Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 765.1%, this is a higher level of debt than the average (60.1%)
765.1% - Sta Travel Management Limited
60.1% - Industry AVG
STA TRAVEL MANAGEMENT LIMITED financials
Sta Travel Management Limited's latest turnover from December 2018 is £1.9 million and the company has net assets of -£64.2 million. According to their latest financial statements, Sta Travel Management Limited has 197 employees and maintains cash reserves of £331 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,920,000 | 11,481,000 | 12,092,000 | 13,474,000 | 21,956,000 | 12,915,000 | 13,879,000 | 11,257,000 | ||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | -24,722,000 | -15,286,000 | -14,856,000 | -14,297,000 | 1,415,000 | 431,000 | 896,000 | -1,054,000 | ||
| Interest Payable | 1,075,000 | 586,000 | 722,000 | 123,000 | 106,000 | 131,000 | 200,000 | 172,000 | ||
| Interest Receivable | 9,000 | 1,000 | ||||||||
| Pre-Tax Profit | -25,789,000 | -15,889,000 | -15,498,000 | -14,422,000 | 1,302,000 | 309,000 | 696,000 | -1,225,000 | ||
| Tax | 993,000 | 1,312,000 | 1,850,000 | 2,298,000 | -76,000 | 203,000 | -580,000 | 278,000 | ||
| Profit After Tax | -24,796,000 | -14,577,000 | -13,648,000 | -12,124,000 | 1,226,000 | 512,000 | 116,000 | -947,000 | ||
| Dividends Paid | ||||||||||
| Retained Profit | -24,796,000 | -14,577,000 | -13,648,000 | -12,124,000 | 1,226,000 | 512,000 | 116,000 | -947,000 | ||
| Employee Costs | 14,299,000 | 10,193,000 | 11,678,000 | 13,027,000 | 11,487,000 | 5,600,000 | 5,612,000 | 3,968,000 | ||
| Number Of Employees | 197 | 193 | 247 | 303 | 286 | 85 | 77 | 61 | ||
| EBITDA* | -23,549,000 | -13,986,000 | -13,548,000 | -12,885,000 | 2,424,000 | 1,688,000 | 2,655,000 | 1,180,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,021,000 | 1,873,000 | 2,153,000 | 3,365,000 | 1,256,000 | 131,000 | 39,000 | 15,000 | ||
| Intangible Assets | 3,892,000 | 4,189,000 | 2,859,000 | 2,401,000 | 2,150,000 | 1,943,000 | 2,781,000 | 4,282,000 | ||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 5,913,000 | 6,062,000 | 5,012,000 | 5,766,000 | 3,406,000 | 2,074,000 | 2,820,000 | 4,297,000 | ||
| Stock & work in progress | ||||||||||
| Trade Debtors | 424,000 | 876,000 | 709,000 | 477,000 | 622,000 | 10,000 | 49,000 | 52,000 | ||
| Group Debtors | 23,000 | 12,000 | 342,000 | 1,856,000 | 1,720,000 | 2,115,000 | 4,019,000 | 4,196,000 | ||
| Misc Debtors | 2,245,000 | 1,707,000 | 3,167,000 | 3,028,000 | 1,058,000 | 1,420,000 | 1,372,000 | 1,708,000 | ||
| Cash | 331,000 | 258,000 | 224,000 | 54,000 | 118,000 | 38,000 | 45,000 | 118,000 | ||
| misc current assets | 722,000 | 1,173,000 | 1,000 | |||||||
| total current assets | 3,745,000 | 4,026,000 | 4,442,000 | 5,415,000 | 3,519,000 | 3,583,000 | 5,485,000 | 6,074,000 | ||
| total assets | 9,658,000 | 10,088,000 | 9,454,000 | 11,181,000 | 6,925,000 | 5,657,000 | 8,305,000 | 10,371,000 | ||
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 81,000 | 359,000 | 2,000 | 61,000 | 350,000 | 428,000 | 132,000 | |||
| Group/Directors Accounts | 3,893,000 | 368,000 | 2,968,000 | |||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 73,815,000 | 49,171,000 | 34,317,000 | 22,337,000 | 6,018,000 | 1,733,000 | 1,216,000 | 977,000 | ||
| total current liabilities | 73,896,000 | 49,530,000 | 34,319,000 | 22,398,000 | 6,018,000 | 5,976,000 | 2,012,000 | 4,077,000 | ||
| loans | 7,124,000 | 7,241,000 | ||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | 7,124,000 | 7,241,000 | ||||||||
| total liabilities | 73,896,000 | 49,530,000 | 34,319,000 | 22,398,000 | 6,018,000 | 5,976,000 | 9,136,000 | 11,318,000 | ||
| net assets | -64,238,000 | -39,442,000 | -24,865,000 | -11,217,000 | 907,000 | -319,000 | -831,000 | -947,000 | ||
| total shareholders funds | -64,238,000 | -39,442,000 | -24,865,000 | -11,217,000 | 907,000 | -319,000 | -831,000 | -947,000 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -24,722,000 | -15,286,000 | -14,856,000 | -14,297,000 | 1,415,000 | 431,000 | 896,000 | -1,054,000 | ||
| Depreciation | 183,000 | 21,000 | 238,000 | 222,000 | 60,000 | 25,000 | 17,000 | 6,000 | ||
| Amortisation | 990,000 | 1,279,000 | 1,070,000 | 1,190,000 | 949,000 | 1,232,000 | 1,742,000 | 2,228,000 | ||
| Tax | 993,000 | 1,312,000 | 1,850,000 | 2,298,000 | -76,000 | 203,000 | -580,000 | 278,000 | ||
| Stock | ||||||||||
| Debtors | 97,000 | -1,623,000 | -1,143,000 | 1,961,000 | -145,000 | -1,895,000 | -516,000 | 5,956,000 | ||
| Creditors | -278,000 | 357,000 | -59,000 | 61,000 | -350,000 | -78,000 | 296,000 | 132,000 | ||
| Accruals and Deferred Income | 24,644,000 | 14,854,000 | 11,980,000 | 16,319,000 | 4,285,000 | 517,000 | 239,000 | 977,000 | ||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | 1,713,000 | 4,160,000 | 1,366,000 | 3,832,000 | 6,428,000 | 4,225,000 | 3,126,000 | -3,389,000 | ||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -3,893,000 | 3,525,000 | -2,600,000 | 2,968,000 | ||||||
| Other Short Term Loans | ||||||||||
| Long term loans | -7,124,000 | -117,000 | 7,241,000 | |||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | -1,075,000 | -586,000 | -722,000 | -123,000 | -106,000 | -122,000 | -200,000 | -171,000 | ||
| cash flow from financing | -1,075,000 | -586,000 | -722,000 | -123,000 | -3,999,000 | -3,721,000 | -2,917,000 | 10,038,000 | ||
| cash and cash equivalents | ||||||||||
| cash | 73,000 | 34,000 | 170,000 | -64,000 | 80,000 | -7,000 | -73,000 | 118,000 | ||
| overdraft | ||||||||||
| change in cash | 73,000 | 34,000 | 170,000 | -64,000 | 80,000 | -7,000 | -73,000 | 118,000 |
sta travel management limited Credit Report and Business Information
Sta Travel Management Limited Competitor Analysis
Perform a competitor analysis for sta travel management limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC2V area or any other competitors across 12 key performance metrics.
sta travel management limited Ownership
STA TRAVEL MANAGEMENT LIMITED group structure
Sta Travel Management Limited has no subsidiary companies.
Ultimate parent company
DKH HOLDING AG
#0093367
STA TRAVEL HOLDING AG
#0050683
2 parents
STA TRAVEL MANAGEMENT LIMITED
04204564
sta travel management limited directors
Sta Travel Management Limited currently has 2 directors. The longest serving directors include Mr Colin Parselle (May 2020) and Mr Darren Carbine (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Parselle | 50 years | May 2020 | - | Director | |
| Mr Darren Carbine | 49 years | Jul 2020 | - | Director |
P&L
December 2018turnover
1.9m
-83%
operating profit
-24.7m
+62%
gross margin
75.5%
-6.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-64.2m
+0.63%
total assets
9.7m
-0.04%
cash
331k
+0.28%
net assets
Total assets minus all liabilities
sta travel management limited company details
company number
04204564
Type
Private limited with Share Capital
industry
70221 - Financial management
incorporation date
April 2001
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2018
previous names
de facto 931 limited (October 2010)
accountant
-
auditor
ERNST & YOUNG LLP
address
menzies llp 4th floor, 95 gresham street, london, EC2V 7AB
Bank
-
Legal Advisor
-
sta travel management 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 sta travel management limited.
sta travel management 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.
Click to start generating capital raising & share issue transactions for STA TRAVEL MANAGEMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
sta travel management limited Companies House Filings - See Documents
| date | description | view/download |
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