albatross travel group limited
albatross travel group limited Company Information
Company Number
04381534
Website
www.albatrossgroup.comRegistered Address
albatross house, new hythe court, 14 new hythe lane, larkfield kent, ME20 6AB
Industry
Other reservation service and related activities (not including activities of tourist guides)
Telephone
01732879191
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
inspired travel group ltd 100%
albatross travel group limited Estimated Valuation
Pomanda estimates the enterprise value of ALBATROSS TRAVEL GROUP LIMITED at £16.2m based on a Turnover of £16.5m and 0.98x industry multiple (adjusted for size and gross margin).
albatross travel group limited Estimated Valuation
Pomanda estimates the enterprise value of ALBATROSS TRAVEL GROUP LIMITED at £8.6m based on an EBITDA of £1.2m and a 7.34x industry multiple (adjusted for size and gross margin).
albatross travel group limited Estimated Valuation
Pomanda estimates the enterprise value of ALBATROSS TRAVEL GROUP LIMITED at £11.5m based on Net Assets of £5.6m and 2.06x industry multiple (adjusted for liquidity).
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Albatross Travel Group Limited Overview
Albatross Travel Group Limited is a live company located in 14 new hythe lane, ME20 6AB with a Companies House number of 04381534. It operates in the other reservation service activities n.e.c. sector, SIC Code 79909. Founded in February 2002, it's largest shareholder is inspired travel group ltd with a 100% stake. Albatross Travel Group Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.5m with declining growth in recent years.
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Albatross Travel Group Limited Health Check
Pomanda's financial health check has awarded Albatross Travel Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £16.5m, make it larger than the average company (£1.1m)
£16.5m - Albatross Travel Group Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (0%)
-13% - Albatross Travel Group Limited
0% - Industry AVG
Production
with a gross margin of 23.6%, this company has a higher cost of product (40.1%)
23.6% - Albatross Travel Group Limited
40.1% - Industry AVG
Profitability
an operating margin of 7% make it as profitable than the average company (6.1%)
7% - Albatross Travel Group Limited
6.1% - Industry AVG
Employees
with 61 employees, this is above the industry average (11)
61 - Albatross Travel Group Limited
11 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£30.7k)
£32.4k - Albatross Travel Group Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £269.9k, this is more efficient (£102.3k)
£269.9k - Albatross Travel Group Limited
£102.3k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (28 days)
6 days - Albatross Travel Group Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (39 days)
14 days - Albatross Travel Group Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Albatross Travel Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (22 weeks)
47 weeks - Albatross Travel Group Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36%, this is a lower level of debt than the average (70.9%)
36% - Albatross Travel Group Limited
70.9% - Industry AVG
ALBATROSS TRAVEL GROUP LIMITED financials
Albatross Travel Group Limited's latest turnover from March 2023 is £16.5 million and the company has net assets of £5.6 million. According to their latest financial statements, Albatross Travel Group Limited has 61 employees and maintains cash reserves of £2.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,466,812 | 9,423,673 | 1,122,989 | 25,208,709 | 24,150,388 | 22,256,525 | 22,275,421 | 25,276,993 | 27,311,170 | 26,005,428 | 23,158,438 | 22,344,952 | 20,226,028 | 15,211,006 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 12,586,975 | 6,949,460 | 540,964 | 20,769,955 | 19,140,041 | 17,530,270 | 17,723,152 | 20,125,766 | 22,122,551 | 21,007,009 | 18,572,160 | 18,151,248 | 16,426,230 | 12,202,813 |
| Gross Profit | 3,879,837 | 2,474,213 | 582,025 | 4,438,754 | 5,010,347 | 4,726,255 | 4,552,269 | 5,151,227 | 5,188,619 | 4,998,419 | 4,586,278 | 4,193,704 | 3,799,798 | 3,008,193 |
| Admin Expenses | 2,731,729 | 1,972,339 | 1,556,636 | 3,532,323 | 4,395,057 | 3,585,219 | 4,049,645 | 4,556,504 | 4,545,393 | 4,543,286 | 3,953,718 | 3,541,677 | 3,307,256 | 2,239,881 |
| Operating Profit | 1,148,108 | 501,874 | -974,611 | 906,431 | 615,290 | 1,141,036 | 502,624 | 594,723 | 643,226 | 455,133 | 632,560 | 652,027 | 492,542 | 768,312 |
| Interest Payable | 0 | 0 | 102,262 | 0 | 16,998 | 52,980 | 275,659 | 0 | 247,248 | 0 | 0 | 4 | 32 | 5,072 |
| Interest Receivable | 30,712 | 36,623 | 662 | 103,779 | 35,657 | 16,178 | 23,876 | 579,539 | 18,910 | 22,073 | 20,128 | 19,243 | 4,483 | 867 |
| Pre-Tax Profit | 1,178,820 | 538,497 | -1,076,211 | 1,010,210 | 633,949 | 1,104,234 | 250,841 | 1,174,262 | 414,888 | 477,206 | 652,688 | 671,266 | 390,606 | 765,714 |
| Tax | -218,636 | -91,395 | 190,929 | -126,275 | -223,043 | -216,857 | -54,659 | -226,428 | -19,493 | -123,935 | -163,954 | -112,058 | -96,569 | -157,922 |
| Profit After Tax | 960,184 | 447,102 | -885,282 | 883,935 | 410,906 | 887,377 | 196,182 | 947,834 | 395,395 | 353,271 | 488,734 | 559,208 | 294,037 | 607,792 |
| Dividends Paid | 0 | 0 | 0 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000,000 | 0 | 0 | 0 |
| Retained Profit | 960,184 | 447,102 | -885,282 | -116,065 | 410,906 | 887,377 | 196,182 | 947,834 | 395,395 | 353,271 | -511,266 | 559,208 | 294,037 | 607,792 |
| Employee Costs | 1,979,177 | 1,599,207 | 1,953,343 | 2,941,952 | 2,834,266 | 2,646,295 | 2,573,152 | 2,665,301 | 3,099,628 | 2,852,162 | 2,472,269 | 2,266,752 | 2,066,799 | 1,725,366 |
| Number Of Employees | 61 | 53 | 52 | 85 | 80 | 80 | 78 | 84 | 95 | 90 | 84 | 80 | 77 | 62 |
| EBITDA* | 1,169,815 | 534,696 | -917,076 | 972,372 | 679,987 | 1,220,018 | 673,570 | 766,199 | 826,488 | 653,402 | 713,133 | 711,744 | 546,506 | 818,220 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,353 | 30,705 | 61,679 | 132,777 | 132,926 | 114,930 | 154,400 | 195,113 | 202,793 | 197,717 | 104,792 | 109,014 | 118,600 | 87,743 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 219,100 | 309,804 | 400,508 | 88,889 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 80,000 | 80,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 95,353 | 110,705 | 61,679 | 132,777 | 132,926 | 114,930 | 154,400 | 414,213 | 512,597 | 598,225 | 193,681 | 109,014 | 118,600 | 87,743 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 278,736 | 8,158,222 | 77,273 | 618,478 | 666,217 | 700,386 | 507,985 | 880,046 | 809,098 | 881,695 | 775,885 | 768,301 | 886,970 | 760,310 |
| Group Debtors | 4,972,510 | 4,855,198 | 5,168,245 | 5,409,880 | 5,894,100 | 5,570,534 | 4,919,071 | 3,881,681 | 3,593,150 | 2,108,943 | 1,637,563 | 1,268,238 | 1,192,332 | 572,509 |
| Misc Debtors | 519,230 | 399,154 | 446,323 | 233,786 | 172,122 | 408,596 | 525,044 | 736,040 | 347,832 | 364,730 | 440,776 | 304,029 | 292,853 | 1,129,990 |
| Cash | 2,845,206 | 2,488,096 | 1,881,098 | 3,040,150 | 3,515,796 | 1,335,185 | 2,175,465 | 1,733,983 | 1,486,945 | 2,288,768 | 2,866,413 | 3,306,056 | 2,383,769 | 2,672,998 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,615,682 | 15,900,670 | 7,572,939 | 9,302,294 | 10,248,235 | 8,014,701 | 8,127,565 | 7,231,750 | 6,237,025 | 5,644,136 | 5,720,637 | 5,646,624 | 4,755,924 | 5,135,807 |
| total assets | 8,711,035 | 16,011,375 | 7,634,618 | 9,435,071 | 10,381,161 | 8,129,631 | 8,281,965 | 7,645,963 | 6,749,622 | 6,242,361 | 5,914,318 | 5,755,638 | 4,874,524 | 5,223,550 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 17 | 9,496 | 0 | 0 | 0 | 0 | 0 | 2,285,454 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 501,618 | 355,813 | 78,576 | 505,005 | 670,299 | 391,334 | 554,664 | 806,387 | 794,091 | 1,252,421 | 1,097,693 | 1,096,736 | 875,205 | 596,825 |
| Group/Directors Accounts | 495,175 | 758,722 | 1,216,163 | 1,000,876 | 508,246 | 343,579 | 601,094 | 347,806 | 704,119 | 185,781 | 532,164 | 810 | 59,337 | 143,950 |
| other short term finances | 3,582 | 27,349 | 63,799 | 0 | 56,071 | 39,073 | 0 | 0 | 265,608 | 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 | 2,135,850 | 10,256,645 | 2,110,336 | 2,851,223 | 3,972,159 | 2,592,471 | 3,233,474 | 2,728,280 | 2,261,012 | 2,401,594 | 2,264,765 | 2,127,130 | 1,968,228 | 519,604 |
| total current liabilities | 3,136,225 | 11,398,529 | 3,468,874 | 4,357,104 | 5,206,775 | 3,366,457 | 4,389,249 | 3,891,969 | 4,024,830 | 3,839,796 | 3,894,622 | 3,224,676 | 2,902,770 | 3,545,833 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,780 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 26,941 | 7,295 | 6,989 | 23,908 | 81,368 | 0 | 29,598 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,780 | 0 | 0 | 26,941 | 7,295 | 6,989 | 23,908 | 81,368 | 0 | 29,598 | 0 | 0 | 0 | 0 |
| total liabilities | 3,138,005 | 11,398,529 | 3,468,874 | 4,384,045 | 5,214,070 | 3,373,446 | 4,413,157 | 3,973,337 | 4,024,830 | 3,869,394 | 3,894,622 | 3,224,676 | 2,902,770 | 3,545,833 |
| net assets | 5,573,030 | 4,612,846 | 4,165,744 | 5,051,026 | 5,167,091 | 4,756,185 | 3,868,808 | 3,672,626 | 2,724,792 | 2,372,967 | 2,019,696 | 2,530,962 | 1,971,754 | 1,677,717 |
| total shareholders funds | 5,573,030 | 4,612,846 | 4,165,744 | 5,051,026 | 5,167,091 | 4,756,185 | 3,868,808 | 3,672,626 | 2,724,792 | 2,372,967 | 2,019,696 | 2,530,962 | 1,971,754 | 1,677,717 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,148,108 | 501,874 | -974,611 | 906,431 | 615,290 | 1,141,036 | 502,624 | 594,723 | 643,226 | 455,133 | 632,560 | 652,027 | 492,542 | 768,312 |
| Depreciation | 21,707 | 32,822 | 57,535 | 65,941 | 64,697 | 78,982 | 80,242 | 80,772 | 92,558 | 56,470 | 69,462 | 59,717 | 53,964 | 49,908 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 90,704 | 90,704 | 90,704 | 141,799 | 11,111 | 0 | 0 | 0 |
| Tax | -218,636 | -91,395 | 190,929 | -126,275 | -223,043 | -216,857 | -54,659 | -226,428 | -19,493 | -123,935 | -163,954 | -112,058 | -96,569 | -157,922 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,642,098 | 7,800,733 | -570,303 | -470,295 | 52,923 | 727,416 | 454,333 | 747,687 | 1,394,712 | 501,144 | 513,656 | -31,587 | -90,654 | 2,462,809 |
| Creditors | 145,805 | 277,237 | -426,429 | -165,294 | 278,965 | -163,330 | -251,723 | 12,296 | -458,330 | 154,728 | 957 | 221,531 | 278,380 | 596,825 |
| Accruals and Deferred Income | -8,120,795 | 8,146,309 | -740,887 | -1,120,936 | 1,379,688 | -641,003 | 505,194 | 467,268 | -140,582 | 136,829 | 137,635 | 158,902 | 1,448,624 | 519,604 |
| Deferred Taxes & Provisions | 0 | 0 | -26,941 | 19,646 | 306 | -16,919 | -57,460 | 81,368 | -29,598 | 29,598 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 618,287 | 1,066,114 | -1,350,101 | 49,808 | 2,062,980 | -545,507 | 360,589 | 353,016 | -1,216,227 | 349,478 | 174,115 | 1,011,706 | 2,267,595 | -686,082 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 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 |
| Group/Directors Accounts | -263,547 | -457,441 | 215,287 | 492,630 | 164,667 | -257,515 | 253,288 | -356,313 | 518,338 | -346,383 | 531,354 | -58,527 | -84,613 | 143,950 |
| Other Short Term Loans | -23,767 | -36,450 | 63,799 | -56,071 | 16,998 | 39,073 | 0 | -265,608 | 265,608 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 1,780 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 30,712 | 36,623 | -101,600 | 103,779 | 18,659 | -36,802 | -251,783 | 579,539 | -228,338 | 22,073 | 20,128 | 19,239 | 4,451 | -4,205 |
| cash flow from financing | -254,822 | -457,268 | 177,486 | 540,338 | 200,324 | -255,244 | 1,505 | -42,382 | 512,038 | -324,310 | 551,482 | -39,288 | -80,162 | 1,209,670 |
| cash and cash equivalents | ||||||||||||||
| cash | 357,110 | 606,998 | -1,159,052 | -475,646 | 2,180,611 | -840,280 | 441,482 | 247,038 | -801,823 | -577,645 | -439,643 | 922,287 | -289,229 | 2,672,998 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -17 | -9,479 | 9,496 | 0 | 0 | 0 | 0 | -2,285,454 | 2,285,454 |
| change in cash | 357,110 | 606,998 | -1,159,052 | -475,646 | 2,180,611 | -840,263 | 450,961 | 237,542 | -801,823 | -577,645 | -439,643 | 922,287 | 1,996,225 | 387,544 |
albatross travel group limited Credit Report and Business Information
Albatross Travel Group Limited Competitor Analysis
Perform a competitor analysis for albatross travel group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
albatross travel group limited Ownership
ALBATROSS TRAVEL GROUP LIMITED group structure
Albatross Travel Group Limited has no subsidiary companies.
Ultimate parent company
2 parents
ALBATROSS TRAVEL GROUP LIMITED
04381534
albatross travel group limited directors
Albatross Travel Group Limited currently has 3 directors. The longest serving directors include Mr Stephen Hornby (Sep 2008) and Mr Adam Handy (Apr 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Hornby | United Kingdom | 56 years | Sep 2008 | - | Director |
| Mr Adam Handy | England | 52 years | Apr 2010 | - | Director |
| Miss Denise Bridges | England | 62 years | Sep 2017 | - | Director |
P&L
March 2023turnover
16.5m
+75%
operating profit
1.1m
+129%
gross margin
23.6%
-10.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.6m
+0.21%
total assets
8.7m
-0.46%
cash
2.8m
+0.14%
net assets
Total assets minus all liabilities
albatross travel group limited company details
company number
04381534
Type
Private limited with Share Capital
industry
79909 - Other reservation service and related activities (not including activities of tourist guides)
incorporation date
February 2002
age
22
accounts
Full Accounts
ultimate parent company
previous names
albatross group holdings limited (April 2002)
incorporated
UK
address
albatross house, new hythe court, 14 new hythe lane, larkfield kent, ME20 6AB
last accounts submitted
March 2023
albatross travel group 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 6 charges/mortgages relating to albatross travel group limited. Currently there are 4 open charges and 2 have been satisfied in the past.
albatross travel group limited Companies House Filings - See Documents
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