istanbul travel uk limited
istanbul travel uk limited Company Information
Company Number
05832010
Website
www.istanbultravel.co.ukRegistered Address
35 westbury avenue, london, N22 6BS
Industry
Travel agency activities
Telephone
02088005775
Next Accounts Due
May 2025
Group Structure
View All
Directors
Diydem Eser2 Years
Shareholders
diydem eser 99%
sitki murat eser 1%
istanbul travel uk limited Estimated Valuation
Pomanda estimates the enterprise value of ISTANBUL TRAVEL UK LIMITED at £253.5k based on a Turnover of £603.7k and 0.42x industry multiple (adjusted for size and gross margin).
istanbul travel uk limited Estimated Valuation
Pomanda estimates the enterprise value of ISTANBUL TRAVEL UK LIMITED at £76.6k based on an EBITDA of £33.1k and a 2.32x industry multiple (adjusted for size and gross margin).
istanbul travel uk limited Estimated Valuation
Pomanda estimates the enterprise value of ISTANBUL TRAVEL UK LIMITED at £7.7k based on Net Assets of £5.7k and 1.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Istanbul Travel Uk Limited Overview
Istanbul Travel Uk Limited is a live company located in london, N22 6BS with a Companies House number of 05832010. It operates in the travel agency activities sector, SIC Code 79110. Founded in May 2006, it's largest shareholder is diydem eser with a 99% stake. Istanbul Travel Uk Limited is a established, small sized company, Pomanda has estimated its turnover at £603.7k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Istanbul Travel Uk Limited Health Check
Pomanda's financial health check has awarded Istanbul Travel Uk Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
6 Weak
Size
annual sales of £603.7k, make it smaller than the average company (£11.9m)
- Istanbul Travel Uk Limited
£11.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a similar rate (-1.9%)
- Istanbul Travel Uk Limited
-1.9% - Industry AVG
Production
with a gross margin of 24.3%, this company has a comparable cost of product (24.3%)
- Istanbul Travel Uk Limited
24.3% - Industry AVG
Profitability
an operating margin of 3.4% make it as profitable than the average company (3.4%)
- Istanbul Travel Uk Limited
3.4% - Industry AVG
Employees
with 6 employees, this is below the industry average (34)
6 - Istanbul Travel Uk Limited
34 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has an equivalent pay structure (£40.4k)
- Istanbul Travel Uk Limited
£40.4k - Industry AVG
Efficiency
resulting in sales per employee of £100.6k, this is less efficient (£263.1k)
- Istanbul Travel Uk Limited
£263.1k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (37 days)
- Istanbul Travel Uk Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (40 days)
- Istanbul Travel Uk Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Istanbul Travel Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (26 weeks)
3 weeks - Istanbul Travel Uk Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (82%)
98.9% - Istanbul Travel Uk Limited
82% - Industry AVG
ISTANBUL TRAVEL UK LIMITED financials
Istanbul Travel Uk Limited's latest turnover from August 2023 is estimated at £603.7 thousand and the company has net assets of £5.7 thousand. According to their latest financial statements, Istanbul Travel Uk Limited has 6 employees and maintains cash reserves of £11.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Mar 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,667,994 | 5,597,793 | 4,587,010 | 3,135,575 | 1,597,318 | 1,046,483 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 5,105,500 | 5,123,495 | 4,202,259 | 2,873,021 | 1,458,549 | 980,405 | ||||||||
| Gross Profit | 562,494 | 474,298 | 384,751 | 262,554 | 138,769 | 66,078 | ||||||||
| Admin Expenses | 465,495 | 391,327 | 316,891 | 213,490 | 121,422 | 68,268 | ||||||||
| Operating Profit | 96,999 | 82,971 | 67,860 | 49,064 | 17,347 | -2,190 | ||||||||
| Interest Payable | 8,726 | 465 | 967 | 1,960 | 3,603 | 3,304 | ||||||||
| Interest Receivable | 43 | 56 | 20 | 11 | 0 | 4 | ||||||||
| Pre-Tax Profit | 96,016 | 82,562 | 66,913 | 47,115 | 13,744 | -5,490 | ||||||||
| Tax | -23,041 | -18,676 | -16,668 | -8,528 | -3,927 | 1,144 | ||||||||
| Profit After Tax | 72,975 | 63,886 | 50,245 | 38,587 | 9,817 | -4,346 | ||||||||
| Dividends Paid | 6,000 | 31,000 | 20,000 | 14,300 | 0 | 0 | ||||||||
| Retained Profit | 66,975 | 32,886 | 30,245 | 24,287 | 9,817 | -4,346 | ||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 6 | 4 | 4 | 6 | 5 | 5 | 5 | |||||||
| EBITDA* | 122,767 | 95,260 | 82,183 | 58,325 | 21,446 | 2,359 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Mar 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 470,069 | 482,819 | 375,750 | 622,890 | 1,288,922 | 1,004,972 | 777,880 | 815,970 | 764,152 | 396,105 | 72,703 | 58,282 | 31,547 | 35,646 |
| 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 | 210,000 | 210,000 | 170,000 | 172,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 470,069 | 482,819 | 375,750 | 832,890 | 1,498,922 | 1,174,972 | 949,880 | 815,970 | 764,152 | 396,105 | 72,703 | 58,282 | 31,547 | 35,646 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 16,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 14,870 | 24,600 | 8,450 | 45,128 | 27,970 | 26,300 | 40,768 | 126,853 | 208,261 | 194,338 | 55,411 | 39,479 | 6,350 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,268 | 5,270 | 406 | 64,310 | 69,825 | 3,729 | 483 | 0 | 95,347 | 79,228 | 35,819 | 45,519 | 45,000 | 46,144 |
| Cash | 11,065 | 20,011 | 51,599 | 33,690 | 20,907 | 17 | 7,639 | 15,159 | 156,432 | 427,862 | 335,444 | 235,431 | 145,493 | 74,141 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 32,203 | 49,881 | 60,455 | 143,128 | 118,702 | 46,046 | 48,890 | 142,012 | 460,040 | 701,428 | 426,674 | 320,429 | 196,843 | 120,285 |
| total assets | 502,272 | 532,700 | 436,205 | 976,018 | 1,617,624 | 1,221,018 | 998,770 | 957,982 | 1,224,192 | 1,097,533 | 499,377 | 378,711 | 228,390 | 155,931 |
| Bank overdraft | 20,283 | 20,283 | 20,283 | 46,015 | 32,635 | 381,553 | 88,545 | 112,384 | 32,609 | 15,740 | 0 | 36 | 9,601 | 7,382 |
| Bank loan | 0 | 0 | 0 | 9,221 | 493,503 | 0 | 0 | 0 | 0 | 0 | 3,068 | 5,321 | 0 | 3,927 |
| Trade Creditors | 9,999 | 29,465 | 14,236 | 5,788 | 8,193 | 58,513 | 56,736 | 90,352 | 391,339 | 596,630 | 282,717 | 198,194 | 78,269 | 43,917 |
| Group/Directors Accounts | 100,000 | 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 | 34,240 | 31,950 | 24,222 | 24,098 | 20,566 | 23,152 | 20,571 | 26,411 | 101,546 | 72,831 | 31,128 | 23,499 | 7,848 | 21,796 |
| total current liabilities | 164,522 | 81,698 | 58,741 | 85,122 | 554,897 | 463,218 | 165,852 | 229,147 | 525,494 | 685,201 | 316,913 | 227,050 | 95,718 | 77,022 |
| loans | 169,737 | 179,774 | 196,445 | 185,917 | 198,673 | 399,090 | 561,495 | 459,661 | 410,011 | 195,606 | 0 | 3,854 | 9,152 | 15,206 |
| 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 | 162,318 | 265,173 | 341,535 | 379,420 | 340,542 | 35,000 | 35,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,774 | 5,788 | 4,412 | 0 | 0 | 0 |
| total long term liabilities | 332,055 | 444,947 | 537,980 | 565,337 | 539,215 | 434,090 | 596,495 | 459,661 | 420,785 | 201,394 | 4,412 | 3,854 | 9,152 | 15,206 |
| total liabilities | 496,577 | 526,645 | 596,721 | 650,459 | 1,094,112 | 897,308 | 762,347 | 688,808 | 946,279 | 886,595 | 321,325 | 230,904 | 104,870 | 92,228 |
| net assets | 5,695 | 6,055 | -160,516 | 325,559 | 523,512 | 323,710 | 236,423 | 269,174 | 277,913 | 210,938 | 178,052 | 147,807 | 123,520 | 63,703 |
| total shareholders funds | 5,695 | 6,055 | -160,516 | 325,559 | 523,512 | 323,710 | 236,423 | 269,174 | 277,913 | 210,938 | 178,052 | 147,807 | 123,520 | 63,703 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Mar 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 96,999 | 82,971 | 67,860 | 49,064 | 17,347 | -2,190 | ||||||||
| Depreciation | 12,750 | 12,931 | 14,655 | 23,974 | 36,051 | 38,723 | 38,090 | 34,747 | 25,768 | 12,289 | 14,323 | 9,261 | 4,099 | 4,549 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -23,041 | -18,676 | -16,668 | -8,528 | -3,927 | 1,144 | ||||||||
| Stock | 0 | 0 | 0 | 0 | -16,000 | 16,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,732 | 21,014 | -310,582 | 11,643 | 107,766 | -13,222 | 86,398 | -176,755 | 30,042 | 182,336 | 6,232 | 33,648 | 5,206 | 46,144 |
| Creditors | -19,466 | 15,229 | 8,448 | -2,405 | -50,320 | 1,777 | -33,616 | -300,987 | -205,291 | 313,913 | 84,523 | 119,925 | 34,352 | 43,917 |
| Accruals and Deferred Income | 2,290 | 7,728 | 124 | 3,532 | -2,586 | 2,581 | -5,840 | -75,135 | 28,715 | 41,703 | 7,629 | 15,651 | -13,948 | 21,796 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,774 | 4,986 | 1,376 | 4,412 | 0 | 0 | 0 |
| Cash flow from operations | -101,906 | 251,240 | 155,847 | 151,725 | 32,717 | 23,072 | ||||||||
| 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 | -9,221 | -484,282 | 493,503 | 0 | 0 | 0 | 0 | -3,068 | -2,253 | 5,321 | -3,927 | 3,927 |
| Group/Directors Accounts | 100,000 | 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 | -10,037 | -16,671 | 10,528 | -12,756 | -200,417 | -162,405 | 101,834 | 49,650 | 214,405 | 195,606 | -3,854 | -5,298 | -6,054 | 15,206 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -102,855 | -76,362 | -37,885 | 38,878 | 305,542 | 0 | 35,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -8,683 | -409 | -947 | -1,949 | -3,603 | -3,300 | ||||||||
| cash flow from financing | 205,722 | 192,129 | -7,054 | -1,926 | 36,416 | 83,882 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -8,946 | -31,588 | 17,909 | 12,783 | 20,890 | -7,622 | -7,520 | -141,273 | -271,430 | 92,418 | 100,013 | 89,938 | 71,352 | 74,141 |
| overdraft | 0 | 0 | -25,732 | 13,380 | -348,918 | 293,008 | -23,839 | 79,775 | 16,869 | 15,740 | -36 | -9,565 | 2,219 | 7,382 |
| change in cash | -8,946 | -31,588 | 43,641 | -597 | 369,808 | -300,630 | 16,319 | -221,048 | -288,299 | 76,678 | 100,049 | 99,503 | 69,133 | 66,759 |
istanbul travel uk limited Credit Report and Business Information
Istanbul Travel Uk Limited Competitor Analysis
Perform a competitor analysis for istanbul travel uk limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in N22 area or any other competitors across 12 key performance metrics.
istanbul travel uk limited Ownership
ISTANBUL TRAVEL UK LIMITED group structure
Istanbul Travel Uk Limited has no subsidiary companies.
Ultimate parent company
ISTANBUL TRAVEL UK LIMITED
05832010
istanbul travel uk limited directors
Istanbul Travel Uk Limited currently has 1 director, Mrs Diydem Eser serving since Jun 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Diydem Eser | England | 50 years | Jun 2022 | - | Director |
P&L
August 2023turnover
603.7k
+163%
operating profit
20.3k
0%
gross margin
24.3%
+8.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
5.7k
-0.06%
total assets
502.3k
-0.06%
cash
11.1k
-0.45%
net assets
Total assets minus all liabilities
istanbul travel uk limited company details
company number
05832010
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
May 2006
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
PARKER RUSSELL UK
auditor
-
address
35 westbury avenue, london, N22 6BS
Bank
BARCLAYS BANK PLC
Legal Advisor
-
istanbul travel uk 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 10 charges/mortgages relating to istanbul travel uk limited. Currently there are 5 open charges and 5 have been satisfied in the past.
istanbul travel uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
