direct travel uk ltd Company Information
Company Number
05422469
Website
www.directtraveluk.comRegistered 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
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
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
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
5 Strong
2 Regular
3 Weak
Size
annual sales of £588.3k, make it larger than the average company (£338.1k)
- Direct Travel Uk Ltd
£338.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.5%)
- Direct Travel Uk Ltd
6.5% - Industry AVG
Production
with a gross margin of 23.5%, this company has a higher cost of product (48.4%)
- Direct Travel Uk Ltd
48.4% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (8.6%)
- Direct Travel Uk Ltd
8.6% - Industry AVG
Employees
with 8 employees, this is above the industry average (3)
8 - Direct Travel Uk Ltd
3 - Industry AVG
Pay Structure
on an average salary of £21k, the company has an equivalent pay structure (£21k)
- Direct Travel Uk Ltd
£21k - Industry AVG
Efficiency
resulting in sales per employee of £73.5k, this is equally as efficient (£74.2k)
- Direct Travel Uk Ltd
£74.2k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (40 days)
- Direct Travel Uk Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (10 days)
- Direct Travel Uk Ltd
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Direct Travel Uk Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Direct Travel Uk Ltd
- - Industry AVG
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
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 House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 26,731 | 21,703 | 11,246 | 16,708 | 13,113 | 39,477 | 81,468 | 79,417 | 56,107 | 11,441 | 8,677 | 12,426 | 6,113 | 17,225 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 26,731 | 21,703 | 11,246 | 16,708 | 13,113 | 39,477 | 81,468 | 79,417 | 56,107 | 11,441 | 8,677 | 12,426 | 6,113 | 17,225 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 118,704 | 117,887 | 150,598 | 99,838 | 160,121 | 110,511 | 109,469 | 44,067 | 15,678 | 15,942 | 18,376 | 34,941 | 11,576 | 11,620 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 46,695 | 38,414 | 10,765 | 10,256 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44,862 | 190,461 | 134,376 | 102,738 | 72,297 | 157,072 | 135,529 |
misc current assets | 0 | 0 | 0 | 0 | 10,600 | 10,435 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 165,399 | 156,301 | 161,363 | 110,094 | 170,721 | 120,946 | 109,469 | 88,929 | 206,139 | 150,318 | 121,114 | 107,238 | 168,648 | 147,149 |
total assets | 192,130 | 178,004 | 172,609 | 126,802 | 183,834 | 160,423 | 190,937 | 168,346 | 262,246 | 161,759 | 129,791 | 119,664 | 174,761 | 164,374 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 113,289 | 115,899 | 126,923 | 99,776 | 161,330 | 121,275 | 134,883 | 117,348 | 220,762 | 139,503 | 140,603 | 119,505 | 114,812 | 124,929 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 113,289 | 115,899 | 126,923 | 99,776 | 161,330 | 121,275 | 134,883 | 117,348 | 220,762 | 139,503 | 140,603 | 119,505 | 114,812 | 124,929 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 113,289 | 115,899 | 126,923 | 99,776 | 161,330 | 121,275 | 134,883 | 117,348 | 220,762 | 139,503 | 140,603 | 119,505 | 114,812 | 124,929 |
net assets | 78,841 | 62,105 | 45,686 | 27,026 | 22,504 | 39,148 | 56,054 | 50,998 | 41,484 | 22,256 | -10,812 | 159 | 59,949 | 39,445 |
total shareholders funds | 78,841 | 62,105 | 45,686 | 27,026 | 22,504 | 39,148 | 56,054 | 50,998 | 41,484 | 22,256 | -10,812 | 159 | 59,949 | 39,445 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 34,543 | 21,494 | 5,732 | 6,685 | 5,217 | 21,572 | 20,801 | |||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 9,098 | -5,062 | 51,269 | -50,027 | 49,610 | 1,042 | 65,402 | 28,389 | -264 | -2,434 | -16,565 | 23,365 | -44 | 11,620 |
Creditors | -2,610 | -11,024 | 27,147 | -61,554 | 40,055 | -13,608 | 17,535 | -103,414 | 81,259 | -1,100 | 21,098 | 4,693 | -10,117 | 124,929 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -44,862 | -145,599 | 56,085 | 31,638 | 30,441 | -84,775 | 21,543 | 135,529 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -44,862 | -145,599 | 56,085 | 31,638 | 30,441 | -84,775 | 21,543 | 135,529 |
direct travel uk ltd Credit Report and Business Information
Direct Travel Uk Ltd Competitor Analysis
Perform a competitor analysis for direct travel uk ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
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 directors
Direct Travel Uk Ltd currently has 1 director, Jaspal Binag serving since Jun 2008.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Jaspal Binag | England | 48 years | Jun 2008 | - | Director |
P&L
April 2023turnover
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 2023net assets
78.8k
+0.27%
total assets
192.1k
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
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
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.
direct travel uk ltd Companies House Filings - See Documents
date | description | view/download |
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