
Company Number
04853546
Next Accounts
Dec 2025
Shareholders
dnata travel holdings uk limited
Group Structure
View All
Industry
Travel agency activities
Registered Address
clarendon house, 147 london road, kingston upon thames, surrey, KT2 6NH
Website
www.travelrepublic.co.ukPomanda estimates the enterprise value of TRAVEL REPUBLIC LTD at £196.1m based on a Turnover of £141.2m and 1.39x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TRAVEL REPUBLIC LTD at £0 based on an EBITDA of £-3m and a 6.79x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TRAVEL REPUBLIC LTD at £0 based on Net Assets of £-4.8m and 1.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Travel Republic Ltd is a live company located in kingston upon thames, KT2 6NH with a Companies House number of 04853546. It operates in the travel agency activities sector, SIC Code 79110. Founded in August 2003, it's largest shareholder is dnata travel holdings uk limited with a 100% stake. Travel Republic Ltd is a mature, mega sized company, Pomanda has estimated its turnover at £141.2m with rapid growth in recent years.
Pomanda's financial health check has awarded Travel Republic Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £141.2m, make it larger than the average company (£13.2m)
£141.2m - Travel Republic Ltd
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 99%, show it is growing at a faster rate (37.7%)
99% - Travel Republic Ltd
37.7% - Industry AVG
Production
with a gross margin of 11.2%, this company has a higher cost of product (22.9%)
11.2% - Travel Republic Ltd
22.9% - Industry AVG
Profitability
an operating margin of -3.5% make it less profitable than the average company (4.1%)
-3.5% - Travel Republic Ltd
4.1% - Industry AVG
Employees
with 79 employees, this is above the industry average (35)
79 - Travel Republic Ltd
35 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£43k)
£40.3k - Travel Republic Ltd
£43k - Industry AVG
Efficiency
resulting in sales per employee of £1.8m, this is more efficient (£336.3k)
£1.8m - Travel Republic Ltd
£336.3k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (24 days)
4 days - Travel Republic Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is close to average (26 days)
25 days - Travel Republic Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Travel Republic Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (28 weeks)
10 weeks - Travel Republic Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.3%, this is a higher level of debt than the average (78.5%)
104.3% - Travel Republic Ltd
78.5% - Industry AVG
Travel Republic Ltd's latest turnover from March 2024 is £141.2 million and the company has net assets of -£4.8 million. According to their latest financial statements, Travel Republic Ltd has 79 employees and maintains cash reserves of £23.7 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 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 141,151,000 | 145,333,000 | 23,879,000 | 17,827,000 | 279,685,000 | 73,852,000 | 56,847,000 | 64,226,000 | 65,272,000 | 72,500,773 | 67,531,790 | 58,975,956 | 48,233,595 | 40,810,838 | 38,038,893 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 125,316,000 | 129,582,000 | 18,288,000 | 14,160,000 | 248,298,000 | 62,084,000 | 38,288,000 | 32,057,000 | 36,978,000 | 46,159,442 | 37,902,923 | 33,164,869 | 27,064,485 | 23,067,977 | 23,856,201 |
Gross Profit | 15,835,000 | 15,751,000 | 5,591,000 | 3,667,000 | 31,387,000 | 11,768,000 | 18,559,000 | 32,169,000 | 28,294,000 | 26,341,331 | 29,628,867 | 25,811,087 | 21,169,110 | 17,742,861 | 14,182,692 |
Admin Expenses | 20,828,000 | 26,113,000 | 22,162,000 | 22,125,000 | 39,624,000 | 16,444,000 | 16,244,000 | 19,007,000 | 20,305,000 | 17,614,293 | 15,994,279 | 13,422,807 | 10,952,813 | 8,516,600 | 7,353,381 |
Operating Profit | -4,993,000 | -10,362,000 | -16,571,000 | -18,458,000 | -8,237,000 | -4,676,000 | 2,315,000 | 13,162,000 | 7,989,000 | 8,727,038 | 13,634,588 | 12,388,280 | 10,216,297 | 9,226,261 | 6,829,311 |
Interest Payable | 192,000 | 3,611,000 | 3,501,000 | 2,194,000 | 303,000 | 310,000 | 322,000 | 510 | 82 | 9,770 | 218 | 4,438 | |||
Interest Receivable | 908,000 | 43,000 | 9,000 | 69,000 | 44,000 | 157,000 | 143,000 | 148,702 | 73,587 | 139,633 | 170,681 | 124,835 | 89,493 | ||
Pre-Tax Profit | -4,277,000 | -13,930,000 | -20,072,000 | -20,643,000 | -8,471,000 | -4,942,000 | 1,993,000 | 13,319,000 | 8,132,000 | 8,875,230 | 13,708,175 | 12,527,831 | 10,377,208 | 9,350,878 | 6,914,366 |
Tax | 224,000 | -39,000 | 158,000 | 70,000 | 292,000 | 928,000 | -297,000 | -2,568,000 | -1,603,000 | -1,765,472 | -3,139,244 | -2,944,886 | -1,116,478 | -1,666,806 | -1,787,692 |
Profit After Tax | -4,053,000 | -13,969,000 | -19,914,000 | -20,573,000 | -8,179,000 | -4,014,000 | 1,696,000 | 10,751,000 | 6,529,000 | 7,109,758 | 10,568,931 | 9,582,945 | 9,260,730 | 7,684,072 | 5,126,674 |
Dividends Paid | 14,186,000 | 6,000,000 | 5,700,000 | ||||||||||||
Retained Profit | -4,053,000 | -13,969,000 | -19,914,000 | -20,573,000 | -8,179,000 | -4,014,000 | 1,696,000 | -3,435,000 | 6,529,000 | 7,109,758 | 10,568,931 | 9,582,945 | 9,260,730 | 1,684,072 | -573,326 |
Employee Costs | 3,184,000 | 3,436,000 | 4,119,000 | 7,028,000 | 13,933,000 | 16,209,000 | 14,687,000 | 13,635,000 | 15,843,000 | 13,954,180 | 12,149,615 | 9,822,580 | 7,795,432 | 6,123,235 | 4,487,316 |
Number Of Employees | 79 | 107 | 42 | 154 | 240 | 300 | 352 | 381 | 350 | 331 | 350 | 267 | 231 | 191 | 170 |
EBITDA* | -2,952,000 | -8,208,000 | -12,444,000 | -15,271,000 | -5,614,000 | -2,544,000 | 3,750,000 | 13,787,000 | 8,383,000 | 9,109,412 | 14,084,871 | 12,655,733 | 10,429,081 | 9,393,097 | 6,972,615 |
* 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 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,237,000 | 1,653,000 | 2,081,000 | 4,498,000 | 5,413,000 | 1,638,000 | 2,215,000 | 543,000 | 669,000 | 581,282 | 587,030 | 701,017 | 503,452 | 439,153 | 316,909 |
Intangible Assets | 7,176,000 | 5,917,000 | 2,233,000 | 3,850,000 | 5,644,000 | 3,921,000 | 3,571,000 | 2,174,000 | 55,500 | 111,000 | 166,500 | 222,000 | 277,500 | ||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 8,413,000 | 7,570,000 | 4,314,000 | 8,348,000 | 11,057,000 | 5,559,000 | 5,786,000 | 2,717,000 | 669,000 | 581,282 | 642,530 | 812,017 | 669,952 | 661,153 | 594,409 |
Stock & work in progress | 5,000 | 173,000 | 158,000 | 190,000 | 353,000 | 391,000 | 977,000 | 339,000 | 577,865 | 388,354 | 455,784 | 389,007 | 606,919 | 549,570 | |
Trade Debtors | 1,856,000 | 1,801,000 | 1,212,000 | 3,812,000 | 7,665,000 | 3,990,000 | 2,632,000 | 1,522,000 | 366,078 | 100,005 | 298,426 | 573,713 | 492,712 | 702,144 | |
Group Debtors | 53,212,000 | 52,791,000 | 46,038,000 | 49,780,000 | 25,079,000 | 42,410,000 | 66,161,000 | 46,050,000 | 38,122,000 | 34,633,333 | 31,833,530 | 27,870,086 | 22,866,944 | 4,819,760 | 1,600,889 |
Misc Debtors | 26,556,000 | 30,611,000 | 25,764,000 | 13,359,000 | 16,074,000 | 15,424,000 | 24,235,000 | 16,884,000 | 18,557,000 | 14,587,132 | 12,583,964 | 7,580,017 | 218,484 | 174,242 | 496,011 |
Cash | 23,658,000 | 27,430,000 | 28,006,000 | 1,428,000 | 16,203,000 | 20,563,000 | 19,303,000 | 27,403,000 | 42,963,102 | 43,825,606 | 41,577,062 | 49,081,194 | 47,908,639 | 42,266,145 | |
misc current assets | |||||||||||||||
total current assets | 105,282,000 | 112,638,000 | 101,193,000 | 68,537,000 | 41,343,000 | 82,055,000 | 115,340,000 | 85,846,000 | 85,943,000 | 93,127,510 | 88,731,459 | 77,781,375 | 73,129,342 | 54,002,272 | 45,614,759 |
total assets | 113,695,000 | 120,208,000 | 105,507,000 | 76,885,000 | 52,400,000 | 87,614,000 | 121,126,000 | 88,563,000 | 86,612,000 | 93,708,792 | 89,373,989 | 78,593,392 | 73,799,294 | 54,663,425 | 46,209,168 |
Bank overdraft | 1,679,000 | ||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 8,811,000 | 6,878,000 | 9,782,000 | 6,056,000 | 8,933,000 | 11,467,000 | 29,063,000 | 15,945,000 | 14,630,000 | 10,837,074 | 16,235,513 | 16,248,766 | 7,636,078 | 8,461,330 | 5,114,715 |
Group/Directors Accounts | 60,427,000 | 120,977,000 | 99,081,000 | 48,160,000 | 27,842,000 | 23,381,000 | 29,503,674 | 1,021,364 | 557,692 | 20,492 | |||||
other short term finances | 201,000 | 235,000 | 1,124,000 | 409,000 | 3,675,045 | ||||||||||
hp & lease commitments | 601,000 | 581,000 | 85,000 | 559,000 | 542,000 | ||||||||||
other current liabilities | 46,868,000 | 55,156,000 | 44,677,000 | 96,664,000 | 41,908,000 | 62,619,000 | 26,032,000 | 29,353,000 | 30,152,000 | 37,772,387 | 38,164,191 | 38,402,944 | 52,320,432 | 41,651,510 | 38,246,212 |
total current liabilities | 116,908,000 | 183,592,000 | 153,625,000 | 103,514,000 | 53,062,000 | 74,086,000 | 104,379,000 | 73,549,000 | 68,163,000 | 81,788,180 | 55,421,068 | 55,209,402 | 59,977,002 | 50,112,840 | 43,360,927 |
loans | 5,016,000 | 6,136,000 | |||||||||||||
hp & lease commitments | 1,182,000 | 1,785,000 | 2,423,000 | 2,508,000 | 3,068,000 | ||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 437,000 | 529,000 | 1,188,000 | 5,356,000 | 15,024,000 | 1,664,000 | 37,000 | 21,247 | 31,508 | 13,236 | |||||
total long term liabilities | 1,619,000 | 2,314,000 | 3,611,000 | 5,186,000 | 10,580,000 | 832,000 | 37,000 | 21,247 | 31,508 | 13,236 | |||||
total liabilities | 118,527,000 | 185,906,000 | 157,236,000 | 108,700,000 | 63,642,000 | 74,918,000 | 104,416,000 | 73,549,000 | 68,163,000 | 81,788,180 | 55,421,068 | 55,209,402 | 59,998,249 | 50,144,348 | 43,374,163 |
net assets | -4,832,000 | -65,698,000 | -51,729,000 | -31,815,000 | -11,242,000 | 12,696,000 | 16,710,000 | 15,014,000 | 18,449,000 | 11,920,612 | 33,952,921 | 23,383,990 | 13,801,045 | 4,519,077 | 2,835,005 |
total shareholders funds | -4,832,000 | -65,698,000 | -51,729,000 | -31,815,000 | -11,242,000 | 12,696,000 | 16,710,000 | 15,014,000 | 18,449,000 | 11,920,612 | 33,952,921 | 23,383,990 | 13,801,045 | 4,519,077 | 2,835,005 |
Mar 2024 | 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 | -4,993,000 | -10,362,000 | -16,571,000 | -18,458,000 | -8,237,000 | -4,676,000 | 2,315,000 | 13,162,000 | 7,989,000 | 8,727,038 | 13,634,588 | 12,388,280 | 10,216,297 | 9,226,261 | 6,829,311 |
Depreciation | 199,000 | 368,000 | 1,092,000 | 698,000 | 711,000 | 703,000 | 638,000 | 361,000 | 394,000 | 326,874 | 394,783 | 211,953 | 157,284 | 111,836 | 87,804 |
Amortisation | 1,842,000 | 1,786,000 | 3,035,000 | 2,489,000 | 1,912,000 | 1,429,000 | 797,000 | 264,000 | 55,500 | 55,500 | 55,500 | 55,500 | 55,000 | 55,500 | |
Tax | 224,000 | -39,000 | 158,000 | 70,000 | 292,000 | 928,000 | -297,000 | -2,568,000 | -1,603,000 | -1,765,472 | -3,139,244 | -2,944,886 | -1,116,478 | -1,666,806 | -1,787,692 |
Stock | -5,000 | -168,000 | 15,000 | -32,000 | -163,000 | -38,000 | -586,000 | 638,000 | -238,865 | 189,511 | -67,430 | 66,777 | -217,912 | 57,349 | 549,570 |
Debtors | -3,579,000 | 12,189,000 | 6,063,000 | 25,798,000 | -24,346,000 | -28,887,000 | 28,820,000 | 7,365,000 | 8,614,457 | 5,069,044 | 8,768,970 | 12,089,388 | 18,172,427 | 2,687,670 | 2,799,044 |
Creditors | 1,933,000 | -2,904,000 | 3,726,000 | -2,877,000 | -2,534,000 | -17,596,000 | 13,118,000 | 1,315,000 | 3,792,926 | -5,398,439 | -13,253 | 8,612,688 | -825,252 | 3,346,615 | 5,114,715 |
Accruals and Deferred Income | -8,288,000 | 10,479,000 | -51,987,000 | 54,756,000 | -20,711,000 | 36,587,000 | -3,321,000 | -799,000 | -7,620,387 | -391,804 | -238,753 | -13,917,488 | 10,668,922 | 3,405,298 | 38,246,212 |
Deferred Taxes & Provisions | -92,000 | -659,000 | -4,168,000 | -9,668,000 | 13,360,000 | 1,627,000 | 37,000 | -21,247 | -10,261 | 18,272 | 13,236 | ||||
Cash flow from operations | -5,591,000 | -13,352,000 | -70,793,000 | 1,244,000 | 9,302,000 | 47,927,000 | -14,947,000 | 3,732,000 | -5,423,053 | -3,704,858 | 1,992,081 | -7,771,365 | 1,191,497 | 11,751,457 | 45,210,472 |
Investing Activities | |||||||||||||||
capital expenditure | -321,764 | -288,982 | -446,883 | -225,227 | -242,357 | -171,699 | |||||||||
Change in Investments | |||||||||||||||
cash flow from investments | -321,764 | -288,982 | -446,883 | -225,227 | -242,357 | -171,699 | |||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -60,550,000 | 21,896,000 | 99,081,000 | -48,160,000 | 20,318,000 | 4,461,000 | -6,122,674 | 28,482,310 | 463,672 | 537,200 | 20,492 | ||||
Other Short Term Loans | 201,000 | -235,000 | 235,000 | -1,124,000 | 715,000 | 409,000 | -3,675,045 | 3,675,045 | |||||||
Long term loans | -5,016,000 | -1,120,000 | 6,136,000 | ||||||||||||
Hire Purchase and Lease Commitments | -583,000 | -142,000 | -559,000 | -543,000 | 3,610,000 | ||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | 716,000 | -3,568,000 | -3,501,000 | -2,185,000 | -234,000 | -266,000 | -322,000 | 157,000 | 143,000 | 148,192 | 73,587 | 139,551 | 160,911 | 124,617 | 85,055 |
cash flow from financing | 4,703,000 | 18,186,000 | 89,770,000 | -3,613,000 | -6,247,000 | -49,550,000 | 20,711,000 | 5,027,000 | -9,655,331 | 3,163,480 | 537,259 | 676,751 | 202,641 | 124,617 | 3,493,386 |
cash and cash equivalents | |||||||||||||||
cash | -3,772,000 | -576,000 | 26,578,000 | 1,428,000 | -16,203,000 | -4,360,000 | 1,260,000 | -8,100,000 | -15,560,102 | -862,504 | 2,248,544 | -7,504,132 | 1,172,555 | 5,642,494 | 42,266,145 |
overdraft | -1,679,000 | 1,679,000 | |||||||||||||
change in cash | -3,772,000 | -576,000 | 26,578,000 | 3,107,000 | -17,882,000 | -4,360,000 | 1,260,000 | -8,100,000 | -15,560,102 | -862,504 | 2,248,544 | -7,504,132 | 1,172,555 | 5,642,494 | 42,266,145 |
Perform a competitor analysis for travel republic ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in KT2 area or any other competitors across 12 key performance metrics.
TRAVEL REPUBLIC LTD group structure
Travel Republic Ltd has no subsidiary companies.
Ultimate parent company
INVESTMENT CORPORATION OF DUBAI
#0055170
2 parents
TRAVEL REPUBLIC LTD
04853546
Travel Republic Ltd currently has 4 directors. The longest serving directors include Mr John Bevan (Jul 2018) and Mr Stephen Allen (Apr 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Bevan | England | 59 years | Jul 2018 | - | Director |
Mr Stephen Allen | United Kingdom | 54 years | Apr 2020 | - | Director |
Ms Meeta Bromley | England | 57 years | Jan 2023 | - | Director |
Ms Lesley Rollo | 51 years | Feb 2024 | - | Director |
P&L
March 2024turnover
141.2m
-3%
operating profit
-5m
-52%
gross margin
11.3%
+3.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-4.8m
-0.93%
total assets
113.7m
-0.05%
cash
23.7m
-0.14%
net assets
Total assets minus all liabilities
company number
04853546
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
August 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
edge software systems limited (February 2005)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
clarendon house, 147 london road, kingston upon thames, surrey, KT2 6NH
Bank
BARCLAYS BANK PLC
Legal Advisor
-
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 9 charges/mortgages relating to travel republic ltd. Currently there are 4 open charges and 5 have been satisfied in the past.
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 TRAVEL REPUBLIC LTD. This can take several minutes, an email will notify you when this has completed.
date | description | view/download |
---|