panama travel limited
panama travel limited Company Information
Company Number
04319970
Next Accounts
Dec 2025
Shareholders
mr mukhtar ahmad
Group Structure
View All
Industry
Travel agency activities
Registered Address
495 coventry road, small heath, birmingham, B10 0JS
Website
http://hajjumrahtrip.co.ukpanama travel limited Estimated Valuation
Pomanda estimates the enterprise value of PANAMA TRAVEL LIMITED at £884.4k based on a Turnover of £1m and 0.86x industry multiple (adjusted for size and gross margin).
panama travel limited Estimated Valuation
Pomanda estimates the enterprise value of PANAMA TRAVEL LIMITED at £1.7m based on an EBITDA of £403.8k and a 4.21x industry multiple (adjusted for size and gross margin).
panama travel limited Estimated Valuation
Pomanda estimates the enterprise value of PANAMA TRAVEL LIMITED at £2.3m based on Net Assets of £1.2m and 1.94x industry multiple (adjusted for liquidity).
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Panama Travel Limited Overview
Panama Travel Limited is a live company located in birmingham, B10 0JS with a Companies House number of 04319970. It operates in the travel agency activities sector, SIC Code 79110. Founded in November 2001, it's largest shareholder is mr mukhtar ahmad with a 100% stake. Panama Travel Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
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Panama Travel Limited Health Check
Pomanda's financial health check has awarded Panama Travel Limited a 4 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 £1m, make it smaller than the average company (£13.2m)
- Panama Travel Limited
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (37.7%)
- Panama Travel Limited
37.7% - Industry AVG
Production
with a gross margin of 22.9%, this company has a comparable cost of product (22.9%)
- Panama Travel Limited
22.9% - Industry AVG
Profitability
an operating margin of 39.2% make it more profitable than the average company (4.1%)
- Panama Travel Limited
4.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (35)
5 - Panama Travel Limited
35 - Industry AVG
Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£43k)
- Panama Travel Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £205.4k, this is less efficient (£336.3k)
- Panama Travel Limited
£336.3k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is later than average (24 days)
- Panama Travel Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (26 days)
- Panama Travel Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Panama Travel Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 128 weeks, this is more cash available to meet short term requirements (28 weeks)
128 weeks - Panama Travel Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.3%, this is a lower level of debt than the average (78.5%)
35.3% - Panama Travel Limited
78.5% - Industry AVG
PANAMA TRAVEL LIMITED financials
Panama Travel Limited's latest turnover from March 2024 is estimated at £1 million and the company has net assets of £1.2 million. According to their latest financial statements, Panama Travel Limited has 5 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,367 | 5,927 | 7,487 | 9,047 | 8,842 | 7,677 | 8,805 | 5,400 | 6,075 | ||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 407,578 | 323,492 | 473,365 | 225,300 | |||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 411,945 | 329,419 | 480,852 | 234,347 | 8,842 | 7,677 | 8,805 | 5,400 | 6,075 | ||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 89,761 | 15,186 | 70,626 | 360,608 | 811,682 | 420,781 | 251,786 | 22,500 | 204,332 | ||||||
| Group Debtors | 32,500 | 22,500 | 22,500 | 350,500 | 121,000 | ||||||||||
| Misc Debtors | 55,035 | 251,801 | 68,027 | 20,472 | 12,046 | 13,274 | 2,453 | 128,243 | |||||||
| Cash | 1,258,254 | 897,237 | 1,192,924 | 434,548 | 496,166 | 713,722 | 486,708 | 14,901 | 43,878 | 3,614 | |||||
| misc current assets | |||||||||||||||
| total current assets | 1,435,550 | 1,186,724 | 1,354,077 | 1,166,128 | 1,440,894 | 1,147,777 | 740,947 | 165,644 | 248,210 | 3,614 | |||||
| total assets | 1,847,495 | 1,516,143 | 1,834,929 | 1,400,475 | 1,449,736 | 1,155,454 | 749,752 | 171,044 | 254,285 | 3,614 | |||||
| Bank overdraft | 36,000 | 36,000 | 24,000 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 7,715 | 23,581 | 66,335 | 321,285 | 541,245 | 394,742 | 290,022 | 100,008 | 232,402 | 3,514 | |||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 463,951 | 422,382 | 520,802 | 129,423 | 161,362 | 196,229 | 164,916 | 24,166 | |||||||
| total current liabilities | 507,666 | 481,963 | 611,137 | 450,708 | 702,607 | 590,971 | 454,938 | 124,174 | 232,402 | 3,514 | |||||
| loans | 144,645 | 166,908 | 208,105 | 245,000 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 205,000 | ||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 144,645 | 166,908 | 413,105 | 245,000 | |||||||||||
| total liabilities | 652,311 | 648,871 | 1,024,242 | 695,708 | 702,607 | 590,971 | 454,938 | 124,174 | 232,402 | 3,514 | |||||
| net assets | 1,195,184 | 867,272 | 810,687 | 704,767 | 747,129 | 564,483 | 294,814 | 46,870 | 21,883 | 100 | |||||
| total shareholders funds | 1,195,184 | 867,272 | 810,687 | 704,767 | 747,129 | 564,483 | 294,814 | 46,870 | 21,883 | 100 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,560 | 1,560 | 1,560 | 1,559 | 1,383 | 1,128 | 1,128 | 675 | |||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -112,191 | 128,334 | -570,427 | -213,148 | 510,673 | 179,816 | 103,496 | -53,589 | 204,332 | ||||||
| Creditors | -15,866 | -42,754 | -254,950 | -219,960 | 146,503 | 104,720 | 190,014 | -132,394 | 228,888 | 3,514 | |||||
| Accruals and Deferred Income | 41,569 | -98,420 | 391,379 | -31,939 | -34,867 | 31,313 | 140,750 | 24,166 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 84,086 | -149,873 | 248,065 | 225,300 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -22,263 | -41,197 | -36,895 | 245,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -205,000 | 205,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 361,017 | -295,687 | 758,376 | -61,618 | -217,556 | 227,014 | 471,807 | -28,977 | 40,264 | 3,614 | |||||
| overdraft | 12,000 | 24,000 | |||||||||||||
| change in cash | 361,017 | -307,687 | 734,376 | -61,618 | -217,556 | 227,014 | 471,807 | -28,977 | 40,264 | 3,614 |
panama travel limited Credit Report and Business Information
Panama Travel Limited Competitor Analysis
Perform a competitor analysis for panama travel limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in B10 area or any other competitors across 12 key performance metrics.
panama travel limited Ownership
PANAMA TRAVEL LIMITED group structure
Panama Travel Limited has no subsidiary companies.
Ultimate parent company
PANAMA TRAVEL LIMITED
04319970
panama travel limited directors
Panama Travel Limited currently has 2 directors. The longest serving directors include Mr Mukhtar Ahmad (Nov 2001) and Mrs Farhat Rizvi (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mukhtar Ahmad | 72 years | Nov 2001 | - | Director | |
| Mrs Farhat Rizvi | United Kingdom | 56 years | Apr 2022 | - | Director |
P&L
March 2024turnover
1m
+107%
operating profit
402.2k
0%
gross margin
22.9%
-2.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.2m
+0.38%
total assets
1.8m
+0.22%
cash
1.3m
+0.4%
net assets
Total assets minus all liabilities
panama travel limited company details
company number
04319970
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
November 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
495 coventry road, small heath, birmingham, B10 0JS
Bank
-
Legal Advisor
-
panama travel 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 panama travel limited.
panama travel 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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panama travel limited Companies House Filings - See Documents
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