expat explore travel ltd
expat explore travel ltd Company Information
Company Number
07728519
Website
www.expatexplore.comRegistered Address
10 merryweather place, london, SE10 8BN
Industry
Travel agency activities
Telephone
02072315900
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
atlantic beach trust 50%
carel johannes francois cronje 50%
expat explore travel ltd Estimated Valuation
Pomanda estimates the enterprise value of EXPAT EXPLORE TRAVEL LTD at £1.1m based on a Turnover of £2m and 0.54x industry multiple (adjusted for size and gross margin).
expat explore travel ltd Estimated Valuation
Pomanda estimates the enterprise value of EXPAT EXPLORE TRAVEL LTD at £5.8m based on an EBITDA of £1.5m and a 3.98x industry multiple (adjusted for size and gross margin).
expat explore travel ltd Estimated Valuation
Pomanda estimates the enterprise value of EXPAT EXPLORE TRAVEL LTD at £3.5m based on Net Assets of £1.3m and 2.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Expat Explore Travel Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Expat Explore Travel Ltd Overview
Expat Explore Travel Ltd is a live company located in london, SE10 8BN with a Companies House number of 07728519. It operates in the travel agency activities sector, SIC Code 79110. Founded in August 2011, it's largest shareholder is atlantic beach trust with a 50% stake. Expat Explore Travel Ltd is a established, small sized company, Pomanda has estimated its turnover at £2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Expat Explore Travel Ltd Health Check
Pomanda's financial health check has awarded Expat Explore Travel Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £2m, make it smaller than the average company (£7.1m)
- Expat Explore Travel Ltd
£7.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -58%, show it is growing at a slower rate (-14.1%)
- Expat Explore Travel Ltd
-14.1% - Industry AVG
Production
with a gross margin of 25.7%, this company has a comparable cost of product (25.7%)
- Expat Explore Travel Ltd
25.7% - Industry AVG
Profitability
an operating margin of 72.6% make it more profitable than the average company (1%)
- Expat Explore Travel Ltd
1% - Industry AVG
Employees
with 10 employees, this is below the industry average (37)
10 - Expat Explore Travel Ltd
37 - Industry AVG
Pay Structure
on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)
- Expat Explore Travel Ltd
£38.9k - Industry AVG
Efficiency
resulting in sales per employee of £199.9k, this is more efficient (£156.3k)
- Expat Explore Travel Ltd
£156.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Expat Explore Travel Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 160 days, this is slower than average (73 days)
- Expat Explore Travel Ltd
73 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Expat Explore Travel Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (17 weeks)
33 weeks - Expat Explore Travel Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.2%, this is a similar level of debt than the average (84.3%)
80.2% - Expat Explore Travel Ltd
84.3% - Industry AVG
expat explore travel ltd Credit Report and Business Information
Expat Explore Travel Ltd Competitor Analysis
Perform a competitor analysis for expat explore travel ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
expat explore travel ltd Ownership
EXPAT EXPLORE TRAVEL LTD group structure
Expat Explore Travel Ltd has no subsidiary companies.
Ultimate parent company
EXPAT EXPLORE TRAVEL LTD
07728519
expat explore travel ltd directors
Expat Explore Travel Ltd currently has 2 directors. The longest serving directors include Mr Carel Cronje (Jan 2013) and Mr Jacobus Maritz (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carel Cronje | United Kingdom | 46 years | Jan 2013 | - | Director |
| Mr Jacobus Maritz | United Kingdom | 47 years | May 2017 | - | Director |
EXPAT EXPLORE TRAVEL LTD financials
Expat Explore Travel Ltd's latest turnover from December 2022 is estimated at £2 million and the company has net assets of £1.3 million. According to their latest financial statements, Expat Explore Travel Ltd has 10 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,826,453 | 26,715,452 | |||||||||
| Other Income Or Grants | 0 | 0 | |||||||||
| Cost Of Sales | 705,894 | 19,485,522 | |||||||||
| Gross Profit | 1,120,559 | 7,229,930 | |||||||||
| Admin Expenses | 2,668,369 | 5,245,413 | |||||||||
| Operating Profit | -1,547,810 | 1,984,517 | |||||||||
| Interest Payable | 0 | 0 | |||||||||
| Interest Receivable | 283 | 1,890 | |||||||||
| Pre-Tax Profit | -1,547,527 | 1,986,407 | |||||||||
| Tax | 293,476 | -377,400 | |||||||||
| Profit After Tax | -1,254,051 | 1,609,007 | |||||||||
| Dividends Paid | 460,000 | 1,380,000 | |||||||||
| Retained Profit | -1,714,051 | 229,007 | |||||||||
| Employee Costs | 580,109 | 891,866 | |||||||||
| Number Of Employees | 10 | 10 | 19 | 22 | 18 | 14 | 12 | ||||
| EBITDA* | -1,531,190 | 2,001,843 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 60,353 | 0 | 200 | 2,403 | 5,312 | 15,262 | 19,544 | 26,142 | 36,576 | 14,627 | 14,627 |
| Intangible Assets | 0 | 0 | 11,716 | 26,133 | 40,550 | 54,967 | 58,571 | 62,176 | 65,780 | 68,483 | 68,483 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 60,353 | 0 | 11,916 | 28,536 | 45,862 | 70,229 | 78,115 | 88,323 | 102,361 | 83,110 | 83,110 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 2,854,262 | 802,753 | 1,211,443 | 0 | 382,676 | 242,841 | 213,092 | 213,092 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,079,856 | 601,307 | 870,172 | 1,043,003 | 937,040 | 650,693 | 906,213 | 0 | 0 | 0 | 0 |
| Cash | 3,189,894 | 1,007,333 | 1,966,162 | 2,468,595 | 4,493,474 | 2,875,102 | 1,411,440 | 1,818,057 | 751,587 | 498,362 | 498,362 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,269,750 | 1,608,640 | 2,836,334 | 6,365,860 | 6,233,267 | 4,737,238 | 2,317,653 | 2,200,733 | 994,428 | 711,454 | 711,454 |
| total assets | 6,330,103 | 1,608,640 | 2,848,250 | 6,394,396 | 6,279,129 | 4,807,467 | 2,395,768 | 2,289,056 | 1,096,789 | 794,564 | 794,564 |
| Bank overdraft | 39,527 | 23,638 | 2,082 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 652,732 | 15,596 | 97,325 | 1,839,523 | 1,404,998 | 1,432,566 | 532,822 | 1,838,369 | 1,079,212 | 1,260,901 | 1,260,901 |
| Group/Directors Accounts | 0 | 0 | 3,089 | 3,089 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 4,198,748 | 1,308,196 | 2,110,672 | 2,202,651 | 2,754,005 | 2,449,042 | 1,637,146 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,891,007 | 1,347,430 | 2,213,168 | 4,045,263 | 4,159,003 | 3,881,608 | 2,169,968 | 1,838,369 | 1,079,212 | 1,260,901 | 1,260,901 |
| loans | 188,308 | 226,362 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,134 | 1,134 | 1,134 |
| total long term liabilities | 188,308 | 226,362 | 0 | 0 | 0 | 0 | 0 | 0 | 1,134 | 1,134 | 1,134 |
| total liabilities | 5,079,315 | 1,573,792 | 2,213,168 | 4,045,263 | 4,159,003 | 3,881,608 | 2,169,968 | 1,838,369 | 1,080,346 | 1,262,035 | 1,262,035 |
| net assets | 1,250,788 | 34,848 | 635,082 | 2,349,133 | 2,120,126 | 925,859 | 225,800 | 450,687 | 16,443 | -467,471 | -467,471 |
| total shareholders funds | 1,250,788 | 34,848 | 635,082 | 2,349,133 | 2,120,126 | 925,859 | 225,800 | 450,687 | 16,443 | -467,471 | -467,471 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -1,547,810 | 1,984,517 | |||||||||
| Depreciation | 5,634 | 200 | 2,203 | 2,909 | 10,747 | 10,548 | 8,951 | 13,444 | 5,980 | 6,825 | 5,844 |
| Amortisation | 0 | 11,716 | 14,417 | 14,417 | 14,417 | 3,604 | 3,605 | 3,604 | 2,703 | 3,604 | 0 |
| Tax | 293,476 | -377,400 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,478,549 | -268,865 | -3,027,093 | 2,157,472 | -122,343 | 955,923 | 523,537 | 139,835 | 29,749 | 0 | 213,092 |
| Creditors | 637,136 | -81,729 | -1,742,198 | 434,525 | -27,568 | 899,744 | -1,305,547 | 759,157 | -181,689 | 0 | 1,260,901 |
| Accruals and Deferred Income | 2,890,552 | -802,476 | -91,979 | -551,354 | 304,963 | 811,896 | 1,637,146 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,134 | 0 | 0 | 1,134 |
| Cash flow from operations | -44,798 | -649,858 | |||||||||
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -5 | 0 | 5 | 0 | 0 |
| cash flow from investments | 0 | 0 | |||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -3,089 | 0 | 3,089 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -38,054 | 226,362 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 283 | 1,890 | |||||||||
| cash flow from financing | 283 | 4,979 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | 2,182,561 | -958,829 | -502,433 | -2,024,879 | 1,618,372 | 1,463,662 | -406,617 | 1,066,470 | 253,225 | 0 | 498,362 |
| overdraft | 15,889 | 21,556 | 2,082 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,166,672 | -980,385 | -504,515 | -2,024,879 | 1,618,372 | 1,463,662 | -406,617 | 1,066,470 | 253,225 | 0 | 498,362 |
P&L
December 2022turnover
2m
+412%
operating profit
1.5m
0%
gross margin
25.8%
-5.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.3m
+34.89%
total assets
6.3m
+2.94%
cash
3.2m
+2.17%
net assets
Total assets minus all liabilities
Similar Companies
expat explore travel ltd company details
company number
07728519
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
August 2011
age
13
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
10 merryweather place, london, SE10 8BN
last accounts submitted
December 2022
expat explore travel 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 found 1 charges/mortgages relating to expat explore travel ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
expat explore travel ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
