direct travel uk ltd

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direct travel uk ltd Company Information

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EstablishedSmallHealthy

Company Number

05422469

Registered Address

18 kingswood avenue, hitchin, SG4 0PA

Industry

Taxi operation

 

Telephone

-

Next Accounts Due

January 2025

Group Structure

View All

Directors

Jaspal Binag15 Years

Shareholders

jaspal binag 100%

direct travel uk ltd Estimated Valuation

£159k

Pomanda estimates the enterprise value of DIRECT TRAVEL UK LTD at £159k based on a Turnover of £588.3k and 0.27x industry multiple (adjusted for size and gross margin).

direct travel uk ltd Estimated Valuation

£52.6k

Pomanda estimates the enterprise value of DIRECT TRAVEL UK LTD at £52.6k based on an EBITDA of £22.3k and a 2.36x industry multiple (adjusted for size and gross margin).

direct travel uk ltd Estimated Valuation

£220.7k

Pomanda estimates the enterprise value of DIRECT TRAVEL UK LTD at £220.7k based on Net Assets of £78.8k and 2.8x industry multiple (adjusted for liquidity).

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Direct Travel Uk Ltd Overview

Direct Travel Uk Ltd is a live company located in hitchin, SG4 0PA with a Companies House number of 05422469. It operates in the taxi operation sector, SIC Code 49320. Founded in April 2005, it's largest shareholder is jaspal binag with a 100% stake. Direct Travel Uk Ltd is a established, small sized company, Pomanda has estimated its turnover at £588.3k with healthy growth in recent years.

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Direct Travel Uk Ltd Health Check

Pomanda's financial health check has awarded Direct Travel Uk Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £588.3k, make it larger than the average company (£338.1k)

£588.3k - Direct Travel Uk Ltd

£338.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.5%)

11% - Direct Travel Uk Ltd

6.5% - Industry AVG

production

Production

with a gross margin of 23.5%, this company has a higher cost of product (48.4%)

23.5% - Direct Travel Uk Ltd

48.4% - Industry AVG

profitability

Profitability

an operating margin of 3.8% make it less profitable than the average company (8.6%)

3.8% - Direct Travel Uk Ltd

8.6% - Industry AVG

employees

Employees

with 8 employees, this is above the industry average (3)

8 - Direct Travel Uk Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £21k, the company has an equivalent pay structure (£21k)

£21k - Direct Travel Uk Ltd

£21k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £73.5k, this is equally as efficient (£74.2k)

£73.5k - Direct Travel Uk Ltd

£74.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (40 days)

73 days - Direct Travel Uk Ltd

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 91 days, this is slower than average (10 days)

91 days - Direct Travel Uk Ltd

10 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Direct Travel Uk Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Direct Travel Uk Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 59%, this is a lower level of debt than the average (66.4%)

59% - Direct Travel Uk Ltd

66.4% - Industry AVG

DIRECT TRAVEL UK LTD financials

EXPORTms excel logo

Direct Travel Uk Ltd's latest turnover from April 2023 is estimated at £588.3 thousand and the company has net assets of £78.8 thousand. According to their latest financial statements, Direct Travel Uk Ltd has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover588,307539,950621,347431,967675,241558,697576,064380,401262,102180,889231,665258,455136,599128,666
Other Income Or Grants00000000000000
Cost Of Sales449,814398,361446,005287,072504,272361,860366,048264,964188,958129,009169,757183,38491,55183,650
Gross Profit138,494141,589175,341144,895170,970196,837210,017115,43773,14451,88061,90775,07145,04845,016
Admin Expenses116,179121,319152,304139,312187,614213,743203,830104,13349,92110,61573,316135,43418,071-9,429
Operating Profit22,31520,27023,0375,583-16,644-16,9066,18711,30423,22341,265-11,409-60,36326,97754,445
Interest Payable00000000000000
Interest Receivable00000056588812593438573732339
Pre-Tax Profit22,31520,27023,0375,583-16,644-16,9066,24311,89324,03541,858-10,971-59,79027,70854,783
Tax-5,579-3,851-4,377-1,06100-1,186-2,378-4,807-8,79000-7,204-15,339
Profit After Tax16,73616,41918,6604,522-16,644-16,9065,0579,51419,22833,068-10,971-59,79020,50439,444
Dividends Paid00000000000000
Retained Profit16,73616,41918,6604,522-16,644-16,9065,0579,51419,22833,068-10,971-59,79020,50439,444
Employee Costs168,096192,593188,500178,630168,776153,333155,87574,75048,56655,33645,49447,55837,54427,433
Number Of Employees88888884222221
EBITDA*22,31520,27023,0375,583-16,644-16,9066,18745,84744,71746,997-4,724-55,14648,54975,246

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets26,73121,70311,24616,70813,11339,47781,46879,41756,10711,4418,67712,4266,11317,225
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets26,73121,70311,24616,70813,11339,47781,46879,41756,10711,4418,67712,4266,11317,225
Stock & work in progress00000000000000
Trade Debtors118,704117,887150,59899,838160,121110,511109,46944,06715,67815,94218,37634,94111,57611,620
Group Debtors00000000000000
Misc Debtors46,69538,41410,76510,2560000000000
Cash000000044,862190,461134,376102,73872,297157,072135,529
misc current assets000010,60010,43500000000
total current assets165,399156,301161,363110,094170,721120,946109,46988,929206,139150,318121,114107,238168,648147,149
total assets192,130178,004172,609126,802183,834160,423190,937168,346262,246161,759129,791119,664174,761164,374
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 113,289115,899126,92399,776161,330121,275134,883117,348220,762139,503140,603119,505114,812124,929
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities113,289115,899126,92399,776161,330121,275134,883117,348220,762139,503140,603119,505114,812124,929
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities113,289115,899126,92399,776161,330121,275134,883117,348220,762139,503140,603119,505114,812124,929
net assets78,84162,10545,68627,02622,50439,14856,05450,99841,48422,256-10,81215959,94939,445
total shareholders funds78,84162,10545,68627,02622,50439,14856,05450,99841,48422,256-10,81215959,94939,445
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit22,31520,27023,0375,583-16,644-16,9066,18711,30423,22341,265-11,409-60,36326,97754,445
Depreciation000000034,54321,4945,7326,6855,21721,57220,801
Amortisation00000000000000
Tax-5,579-3,851-4,377-1,06100-1,186-2,378-4,807-8,79000-7,204-15,339
Stock00000000000000
Debtors9,098-5,06251,269-50,02749,6101,04265,40228,389-264-2,434-16,56523,365-4411,620
Creditors-2,610-11,02427,147-61,55440,055-13,60817,535-103,41481,259-1,10021,0984,693-10,117124,929
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations5,02810,457-5,462-7,005-26,199-31,556-42,866-88,334121,43339,54132,939-73,81831,272173,216
Investing Activities
capital expenditure-5,028-10,4575,462-3,59526,36441,991-2,051-57,853-66,160-8,496-2,936-11,530-10,460-38,026
Change in Investments00000000000000
cash flow from investments-5,028-10,4575,462-3,59526,36441,991-2,051-57,853-66,160-8,496-2,936-11,530-10,460-38,026
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue000000-10000001
interest00000056588812593438573732339
cash flow from financing00000055588812593438573732340
cash and cash equivalents
cash000000-44,862-145,59956,08531,63830,441-84,77521,543135,529
overdraft00000000000000
change in cash000000-44,862-145,59956,08531,63830,441-84,77521,543135,529

direct travel uk ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Direct Travel Uk Ltd Competitor Analysis

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direct travel uk ltd Ownership

DIRECT TRAVEL UK LTD group structure

Direct Travel Uk Ltd has no subsidiary companies.

Ultimate parent company

DIRECT TRAVEL UK LTD

05422469

DIRECT TRAVEL UK LTD Shareholders

jaspal binag 100%

direct travel uk ltd directors

Direct Travel Uk Ltd currently has 1 director, Jaspal Binag serving since Jun 2008.

officercountryagestartendrole
Jaspal BinagEngland48 years Jun 2008- Director

P&L

April 2023

turnover

588.3k

+9%

operating profit

22.3k

0%

gross margin

23.6%

-10.23%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2023

net assets

78.8k

+0.27%

total assets

192.1k

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

direct travel uk ltd company details

company number

05422469

Type

Private limited with Share Capital

industry

49320 - Taxi operation

incorporation date

April 2005

age

19

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

18 kingswood avenue, hitchin, SG4 0PA

last accounts submitted

April 2023

direct travel uk ltd 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 direct travel uk ltd.

charges

direct travel uk ltd Companies House Filings - See Documents

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