Pomanda estimates the enterprise value of TOURVEST DUTY FREE (UK) LIMITED at £3.1m based on a Turnover of £7.1m and 0.43x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TOURVEST DUTY FREE (UK) LIMITED at £29.9m based on an EBITDA of £6.6m and a 4.51x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TOURVEST DUTY FREE (UK) LIMITED at £0 based on Net Assets of £-1.3m and 2.09x industry multiple (adjusted for liquidity).
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Tourvest Duty Free (uk) LimitedOverview
Tourvest Duty Free (uk) Limited is a live company located in woking, GU21 6HR with a Companies House number of 05034988. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in February 2004, it's largest shareholder is
tourvest holdings (pty) ltd
with a 100% stake. Tourvest Duty Free (uk) Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£7.1m with
declining
growth in recent years.
Pomanda's financial health check has awarded Tourvest Duty Free (Uk) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £7.1m, make it larger than the average company (£1.2m)
£7.1m - Tourvest Duty Free (uk) Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (7.2%)
-32% - Tourvest Duty Free (uk) Limited
7.2% - Industry AVG
Production
with a gross margin of 31.8%, this company has a comparable cost of product (31.8%)
31.8% - Tourvest Duty Free (uk) Limited
31.8% - Industry AVG
Profitability
an operating margin of 87% make it more profitable than the average company (4.5%)
87% - Tourvest Duty Free (uk) Limited
4.5% - Industry AVG
Employees
with 35 employees, this is above the industry average (10)
35 - Tourvest Duty Free (uk) Limited
10 - Industry AVG
Pay Structure
on an average salary of £68.3k, the company has a higher pay structure (£34.8k)
£68.3k - Tourvest Duty Free (uk) Limited
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £202.7k, this is equally as efficient (£203.5k)
£202.7k - Tourvest Duty Free (uk) Limited
£203.5k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (33 days)
18 days - Tourvest Duty Free (uk) Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 155 days, this is slower than average (39 days)
155 days - Tourvest Duty Free (uk) Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 105 days, this is more than average (73 days)
105 days - Tourvest Duty Free (uk) Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is less cash available to meet short term requirements (24 weeks)
17 weeks - Tourvest Duty Free (uk) Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.9%, this is a higher level of debt than the average (64.3%)
110.9% - Tourvest Duty Free (uk) Limited
64.3% - Industry AVG
TOURVEST DUTY FREE (UK) LIMITED financials
EXPORT
Tourvest Duty Free (Uk) Limited's latest turnover from August 2023 is estimated at £7.1 million and the company has net assets of -£1.3 million. According to their latest financial statements, Tourvest Duty Free (Uk) Limited has 35 employees and maintains cash reserves of £4.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
7,094,132
5,680,783
751,882
22,933,875
49,859,475
52,865,517
44,774,662
32,336,762
35,088,933
45,016,870
55,287,848
46,120,964
16,349,654
15,380,712
15,943,110
Other Income Or Grants
Cost Of Sales
4,835,254
3,900,318
649,294
7,515,453
15,813,712
18,874,113
16,547,500
12,009,507
13,143,055
16,487,858
21,527,281
21,594,279
7,139,098
6,261,804
6,532,076
Gross Profit
2,258,878
1,780,465
102,588
15,418,422
34,045,763
33,991,404
28,227,162
20,327,255
21,945,878
28,529,012
33,760,567
24,526,685
9,210,556
9,118,908
9,411,034
Admin Expenses
-3,916,179
-56,030
1,377,045
18,943,031
33,207,800
33,992,845
29,816,457
20,299,156
22,811,325
28,550,960
33,419,417
25,521,673
9,299,263
8,332,106
7,679,005
Operating Profit
6,175,057
1,836,495
-1,274,457
-3,524,609
837,963
-1,441
-1,589,295
28,099
-865,447
-21,948
341,150
-994,988
-88,707
786,802
1,732,029
Interest Payable
925,332
600,861
331,516
224,696
288,895
86,528
110,984
673
5
4,880
202,172
19,115
268
Interest Receivable
183,908
25,973
22
19
9,143
126
2,227
4,918
764
14,605
23,236
26,094
28,285
16,673
10,138
Pre-Tax Profit
5,433,633
1,261,607
-1,605,951
-3,749,286
558,211
-87,843
-1,698,052
32,344
-864,688
-12,223
162,214
-988,009
-60,690
803,475
1,742,167
Tax
-1,358,408
-239,705
-1,169
-9,055
4,382
-69,402
78,383
-38,352
-262,798
-459,511
Profit After Tax
4,075,225
1,021,902
-1,605,951
-3,749,286
558,211
-87,843
-1,698,052
31,175
-873,743
-7,841
92,812
-909,626
-99,042
540,677
1,282,656
Dividends Paid
1,539,190
700,000
Retained Profit
4,075,225
1,021,902
-1,605,951
-3,749,286
558,211
-87,843
-1,698,052
31,175
-873,743
-7,841
92,812
-909,626
-99,042
-998,513
582,656
Employee Costs
2,388,795
1,898,563
1,496,048
2,621,764
2,859,344
2,439,236
1,868,093
1,425,008
1,385,773
1,446,694
1,668,787
1,250,871
613,967
544,552
524,623
Number Of Employees
35
31
31
52
55
48
38
30
30
37
46
36
21
16
14
EBITDA*
6,636,259
2,288,735
-799,939
-3,016,756
1,801,554
1,020,042
-879,476
159,812
-814,887
67,137
686,353
-670,224
15,714
885,691
1,841,230
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
395,584
332,720
468,042
2,502,327
862,120
1,583,897
2,555,294
922,054
230,174
257,060
410,076
460,242
1,316,206
277,638
337,794
Intangible Assets
95,814
317,114
572,528
437,601
Investments & Other
68,242
9,852
Debtors (Due After 1 year)
82,106
1,994,524
1,751,750
109,654
259,745
366,565
311,171
Total Fixed Assets
573,504
649,834
3,035,094
2,939,928
862,120
1,583,897
2,555,294
922,054
230,174
257,060
410,076
460,242
1,316,206
277,638
337,794
Stock & work in progress
1,400,030
954,979
1,224,690
2,885,369
5,736,312
5,211,534
5,084,725
4,803,857
5,422,881
5,345,144
6,507,669
7,379,516
1,921,307
1,459,989
1,468,998
Trade Debtors
350,287
528,397
514,608
1,443,919
9,139,208
7,127,130
3,423,024
2,170,564
3,035,216
1,872,585
1,154,641
2,142,670
261,690
403,856
438,804
Group Debtors
1,064,712
1,057,167
867,640
124,530
108,546
1,632
1,632
1,632
9,276
147,599
233,665
863,913
1,719,495
348,204
762,389
Misc Debtors
4,295,856
3,512,515
659,735
2,501,332
536,432
2,204,525
2,544,730
809,289
528,946
1,842,219
1,828,250
434,783
160,393
192,221
Cash
4,452,338
2,553,677
414,689
416,484
8,324,795
8,557,022
7,830,752
6,127,474
5,437,565
6,309,720
6,655,319
8,351,502
1,264,499
1,105,876
1,334,502
misc current assets
630,381
15,276
291,993
44,620
254,148
total current assets
11,563,223
8,606,735
3,681,362
7,371,634
23,845,293
23,101,843
18,884,863
13,912,816
14,535,319
14,219,270
16,393,513
20,857,844
5,646,394
3,732,466
4,196,914
total assets
12,136,727
9,256,569
6,716,456
10,311,562
24,707,413
24,685,740
21,440,157
14,834,870
14,765,493
14,476,330
16,803,589
21,318,086
6,962,600
4,010,104
4,534,708
Bank overdraft
Bank loan
Trade Creditors
2,063,460
1,269,818
1,095,156
4,509,966
10,624,485
14,627,650
11,020,414
5,426,708
7,124,493
5,387,481
7,828,080
11,084,581
1,648,123
99,510
989,516
Group/Directors Accounts
531,817
490,496
470,670
2,285,596
other short term finances
8,595,807
7,854,532
7,651,551
14,707
84,873
hp & lease commitments
53,476
89,066
67,562
324,236
565,793
691,860
other current liabilities
1,723,614
4,811,483
3,832,541
7,130,670
7,379,154
3,386,445
4,010,957
2,867,854
3,488,511
4,531,106
4,411,303
5,523,938
3,711,439
2,169,298
897,225
total current liabilities
12,968,174
14,426,329
13,138,984
11,708,198
18,327,875
18,594,595
15,808,104
8,294,562
10,613,004
9,918,587
12,239,383
18,894,115
5,359,562
2,268,808
1,886,741
loans
666,800
3,524,997
4,442,444
5,603,442
3,763,732
3,763,732
3,763,732
3,763,732
1,720,360
hp & lease commitments
89,066
15,120
339,356
905,148
Accruals and Deferred Income
2,842,207
other liabilities
119,384
3,938,741
3,615,348
2,487,914
2,617,972
450,256
provisions
374,570
230,866
114,076
183,680
total long term liabilities
493,954
230,866
3,419,941
7,448,618
7,718,436
7,171,501
6,381,704
4,213,988
3,763,732
3,763,732
1,720,360
57,038
91,840
total liabilities
13,462,128
14,657,195
13,138,984
15,128,139
25,776,493
26,313,031
22,979,605
14,676,266
14,826,992
13,682,319
16,003,115
20,614,475
5,416,600
2,360,648
1,886,741
net assets
-1,325,401
-5,400,626
-6,422,528
-4,816,577
-1,069,080
-1,627,291
-1,539,448
158,604
-61,499
794,011
800,474
703,611
1,546,000
1,649,456
2,647,967
total shareholders funds
-1,325,401
-5,400,626
-6,422,528
-4,816,577
-1,069,080
-1,627,291
-1,539,448
158,604
-61,499
794,011
800,474
703,611
1,546,000
1,649,456
2,647,967
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
6,175,057
1,836,495
-1,274,457
-3,524,609
837,963
-1,441
-1,589,295
28,099
-865,447
-21,948
341,150
-994,988
-88,707
786,802
1,732,029
Depreciation
236,422
196,826
325,926
481,062
963,591
1,021,483
709,819
131,713
50,560
89,085
345,203
324,764
104,421
98,889
109,201
Amortisation
224,780
255,414
148,592
26,791
Tax
-1,358,408
-239,705
-1,169
-9,055
4,382
-69,402
78,383
-38,352
-262,798
-459,511
Stock
445,051
-269,711
-1,660,679
-2,850,943
524,778
126,809
280,868
-619,024
77,737
-1,162,525
-871,847
5,458,209
461,318
-9,009
1,468,998
Debtors
694,882
1,061,572
-1,785,024
-4,072,309
300,808
3,257,081
3,043,295
248,164
495,362
-681,395
-1,604,308
2,418,865
1,503,515
-480,961
1,393,414
Creditors
793,642
174,662
-3,414,810
-6,114,519
-4,003,165
3,607,236
5,593,706
-1,697,785
1,737,012
-2,440,599
-3,256,501
9,436,458
1,548,613
-890,006
989,516
Accruals and Deferred Income
-3,087,869
978,942
-6,140,336
2,593,723
3,992,709
-624,512
1,143,103
-620,657
-1,042,595
119,803
-1,112,635
1,812,499
1,542,141
1,272,073
897,225
Deferred Taxes & Provisions
143,704
230,866
-114,076
-69,604
183,680
Cash flow from operations
1,987,395
2,641,639
-6,909,382
385,700
965,512
618,876
2,533,170
-1,788,939
-702,624
-405,357
-1,276,030
2,665,966
1,033,679
1,678,610
406,048
Investing Activities
capital expenditure
-302,766
-61,504
1,424,840
-2,585,661
-241,814
-50,086
-2,343,059
-823,593
-23,674
63,931
-295,037
531,200
-1,142,989
-38,733
2,762
Change in Investments
-68,242
68,242
-9,852
9,852
cash flow from investments
-302,766
-61,504
1,424,840
-2,585,661
-241,814
-50,086
-2,343,059
-823,593
-23,674
132,173
-363,279
531,200
-1,133,137
-48,585
2,762
Financing Activities
Bank loans
Group/Directors Accounts
41,321
19,826
470,670
-2,285,596
2,285,596
Other Short Term Loans
741,275
202,981
7,651,551
-14,707
-70,166
84,873
Long term loans
-666,800
-2,858,197
-917,447
-1,160,998
1,839,710
2,043,372
1,720,360
Hire Purchase and Lease Commitments
53,476
-89,066
-67,562
-182,728
-565,793
-691,859
1,597,008
other long term liabilities
119,384
-3,938,741
323,393
1,127,434
-130,058
2,167,716
450,256
share issue
1,789
188,928
18,233
1,378
4,051
67,237
-4,414
2
2,065,311
interest
-741,424
-574,888
-331,494
-224,677
-279,752
-86,402
-108,757
4,245
759
9,725
-178,936
6,979
28,017
16,673
10,138
cash flow from financing
214,032
-441,147
7,056,365
-7,202,554
-1,454,306
-881,991
3,282,776
2,360,889
469,248
11,103
-417,109
4,080,172
23,603
16,675
2,075,449
cash and cash equivalents
cash
1,898,661
2,138,988
-1,795
-7,908,311
-232,227
726,270
1,703,278
689,909
-872,155
-345,599
-1,696,183
7,087,003
158,623
-228,626
1,334,502
overdraft
change in cash
1,898,661
2,138,988
-1,795
-7,908,311
-232,227
726,270
1,703,278
689,909
-872,155
-345,599
-1,696,183
7,087,003
158,623
-228,626
1,334,502
tourvest duty free (uk) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for tourvest duty free (uk) limited. Get real-time insights into tourvest duty free (uk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for tourvest duty free (uk) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in GU21 area or any other competitors across 12 key performance metrics.
tourvest duty free (uk) limited Ownership
TOURVEST DUTY FREE (UK) LIMITED group structure
Tourvest Duty Free (Uk) Limited has no subsidiary companies.
Ultimate parent company
GUMA INVESTMENTS GROUP (PTY) LTD
#0116286
TOURVEST HOLDINGS PTY LTD
#0033781
2 parents
TOURVEST DUTY FREE (UK) LIMITED
05034988
TOURVEST DUTY FREE (UK) LIMITED Shareholders
The sole shareholder of Tourvest Duty Free (Uk) Limited is Tourvest Holdings (Pty) Ltd.
tourvest holdings (pty) ltd
100%
tourvest duty free (uk) limited directors
Tourvest Duty Free (Uk) Limited currently has 1 director, Mr Clive Jones serving since May 2014.
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 3 charges/mortgages relating to tourvest duty free (uk) limited. Currently there are 2 open charges and 1 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.
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tourvest duty free (uk) limitedCompanies House Filings - See Documents
