the teach and travel group ltd
the teach and travel group ltd Company Information
Company Number
07935847
Next Accounts
60 days late
Shareholders
the really useful skills company limited
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
+1Registered Address
4th floor wilson house, lorne park road, bournemouth, BH1 1JN
Website
http://i-to-i.comthe teach and travel group ltd Estimated Valuation
Pomanda estimates the enterprise value of THE TEACH AND TRAVEL GROUP LTD at £2.5m based on a Turnover of £5.6m and 0.45x industry multiple (adjusted for size and gross margin).
the teach and travel group ltd Estimated Valuation
Pomanda estimates the enterprise value of THE TEACH AND TRAVEL GROUP LTD at £0 based on an EBITDA of £-90.2k and a 3.92x industry multiple (adjusted for size and gross margin).
the teach and travel group ltd Estimated Valuation
Pomanda estimates the enterprise value of THE TEACH AND TRAVEL GROUP LTD at £1.4m based on Net Assets of £762.8k and 1.85x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Teach And Travel Group Ltd Overview
The Teach And Travel Group Ltd is a live company located in bournemouth, BH1 1JN with a Companies House number of 07935847. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in February 2012, it's largest shareholder is the really useful skills company limited with a 100% stake. The Teach And Travel Group Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.6m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Teach And Travel Group Ltd Health Check
Pomanda's financial health check has awarded The Teach And Travel Group Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £5.6m, make it larger than the average company (£3.6m)
- The Teach And Travel Group Ltd
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.3%)
- The Teach And Travel Group Ltd
4.3% - Industry AVG
Production
with a gross margin of 45.8%, this company has a comparable cost of product (45.8%)
- The Teach And Travel Group Ltd
45.8% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (3.8%)
- The Teach And Travel Group Ltd
3.8% - Industry AVG
Employees
with 35 employees, this is above the industry average (22)
35 - The Teach And Travel Group Ltd
22 - Industry AVG
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)
- The Teach And Travel Group Ltd
£39.1k - Industry AVG
Efficiency
resulting in sales per employee of £160.2k, this is more efficient (£110.9k)
- The Teach And Travel Group Ltd
£110.9k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (35 days)
- The Teach And Travel Group Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is slower than average (14 days)
- The Teach And Travel Group Ltd
14 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Teach And Travel Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is less cash available to meet short term requirements (53 weeks)
18 weeks - The Teach And Travel Group Ltd
53 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.1%, this is a higher level of debt than the average (51.3%)
60.1% - The Teach And Travel Group Ltd
51.3% - Industry AVG
THE TEACH AND TRAVEL GROUP LTD financials
The Teach And Travel Group Ltd's latest turnover from April 2023 is estimated at £5.6 million and the company has net assets of £762.8 thousand. According to their latest financial statements, The Teach And Travel Group Ltd has 35 employees and maintains cash reserves of £401.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,152,080 | 2,821,756 | 2,489,866 | 2,456,903 | ||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 398,041 | 334,595 | 402,340 | 642,531 | ||||||||
| Gross Profit | 3,754,039 | 2,487,161 | 2,087,526 | 1,814,372 | ||||||||
| Admin Expenses | 2,990,530 | 2,470,887 | ||||||||||
| Operating Profit | 763,509 | 16,274 | ||||||||||
| Interest Payable | 37,219 | |||||||||||
| Interest Receivable | 37,219 | |||||||||||
| Pre-Tax Profit | 800,728 | -20,945 | 115,571 | 257,191 | ||||||||
| Tax | -64,000 | |||||||||||
| Profit After Tax | 736,728 | -20,945 | 115,571 | 257,191 | ||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | 736,728 | -20,945 | 115,571 | 257,191 | ||||||||
| Employee Costs | 794,366 | 762,854 | ||||||||||
| Number Of Employees | 35 | 36 | 39 | 42 | 35 | 27 | 24 | |||||
| EBITDA* | 839,243 | 196,461 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 45,464 | 61,807 | 75,208 | 85,782 | 103,961 | 94,277 | 100,931 | 174,612 | 141,079 | 54,884 | 22,627 | 20,734 |
| Intangible Assets | 107,843 | 57,461 | 25,296 | 21,087 | 60,197 | 162,120 | 282,722 | 409,685 | 342,454 | |||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | 7,000 | 146,640 | ||||||||||
| Total Fixed Assets | 153,307 | 119,268 | 107,504 | 106,869 | 164,158 | 256,397 | 383,653 | 584,297 | 630,173 | 54,884 | 22,627 | 20,734 |
| Stock & work in progress | 6,414 | |||||||||||
| Trade Debtors | 814,146 | 159,205 | 2,377 | 8,064 | 12,108 | 19,709 | 66,141 | 193,514 | 77,303 | 24,796 | 6,183 | |
| Group Debtors | 510,391 | 741,914 | 341,914 | 58,496 | 208,504 | |||||||
| Misc Debtors | 32,133 | 198,536 | 209,644 | 222,791 | 255,208 | 336,977 | 156,311 | 10,024 | 4,252 | |||
| Cash | 401,339 | 518,119 | 385,452 | 257,390 | 54,395 | 14,649 | 74,917 | 13,719 | 108,125 | 40,459 | 40,974 | 5,435 |
| misc current assets | ||||||||||||
| total current assets | 1,758,009 | 1,617,774 | 939,387 | 546,741 | 536,629 | 371,335 | 297,369 | 207,233 | 108,125 | 127,786 | 70,022 | 11,618 |
| total assets | 1,911,316 | 1,737,042 | 1,046,891 | 653,610 | 700,787 | 627,732 | 681,022 | 791,530 | 738,298 | 182,670 | 92,649 | 32,352 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 141,861 | 178,289 | 80,371 | 96,183 | 69,315 | 1,850,811 | 36,953 | 65,936 | ||||
| Group/Directors Accounts | 502,692 | 237,563 | 15,869 | 801 | 967,330 | |||||||
| other short term finances | 1,462,347 | |||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 489,325 | 438,875 | 591,197 | 478,163 | 345,800 | 330,921 | 515,782 | 140,003 | 58,709 | |||
| total current liabilities | 1,133,878 | 854,727 | 687,437 | 574,346 | 415,115 | 331,722 | 1,483,112 | 1,850,811 | 1,462,347 | 140,003 | 95,662 | 65,936 |
| loans | 50,000 | 873,730 | 863,123 | |||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 602,197 | 513,889 | 177,645 | |||||||||
| provisions | 14,590 | |||||||||||
| total long term liabilities | 14,590 | 50,000 | 873,730 | 863,123 | 602,197 | 513,889 | 177,645 | |||||
| total liabilities | 1,148,468 | 854,727 | 687,437 | 624,346 | 1,288,845 | 1,194,845 | 1,483,112 | 1,850,811 | 1,462,347 | 742,200 | 609,551 | 243,581 |
| net assets | 762,848 | 882,315 | 359,454 | 29,264 | -588,058 | -567,113 | -802,090 | -1,059,281 | -724,049 | -559,530 | -516,902 | -211,229 |
| total shareholders funds | 762,848 | 882,315 | 359,454 | 29,264 | -588,058 | -567,113 | -802,090 | -1,059,281 | -724,049 | -559,530 | -516,902 | -211,229 |
| Apr 2023 | Apr 2022 | Apr 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 763,509 | 16,274 | ||||||||||
| Depreciation | 18,821 | 204,737 | 10,574 | 31,024 | 55,204 | 52,875 | 79,731 | 29,265 | 58,511 | 13,051 | 3,989 | 2,440 |
| Amortisation | 29,982 | 11,260 | 3,769 | 44,710 | 124,983 | 127,530 | 126,963 | 126,963 | ||||
| Tax | -64,000 | |||||||||||
| Stock | -6,414 | 6,414 | ||||||||||
| Debtors | 257,015 | 538,720 | 271,584 | -186,469 | 119,134 | 134,234 | 28,938 | 46,874 | 59,313 | 58,279 | 22,865 | 6,183 |
| Creditors | -36,428 | 97,918 | -15,812 | 26,868 | 69,315 | -1,850,811 | 1,850,811 | -36,953 | -28,983 | 65,936 | ||
| Accruals and Deferred Income | 50,450 | -152,322 | 113,034 | 132,363 | 14,879 | -184,861 | 515,782 | -140,003 | 81,294 | 58,709 | ||
| Deferred Taxes & Provisions | 14,590 | |||||||||||
| Cash flow from operations | 1,127,357 | 155,107 | ||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | 265,129 | 221,694 | 15,869 | -801 | -966,529 | 967,330 | ||||||
| Other Short Term Loans | -1,462,347 | 1,462,347 | ||||||||||
| Long term loans | -50,000 | -823,730 | 10,607 | 863,123 | ||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -602,197 | 88,308 | 336,244 | 177,645 | ||||||||
| share issue | ||||||||||||
| interest | 37,219 | -37,219 | ||||||||||
| cash flow from financing | -905,917 | -27,413 | 16,000 | 967,330 | ||||||||
| cash and cash equivalents | ||||||||||||
| cash | -116,780 | 132,667 | 128,062 | 202,995 | 39,746 | -60,268 | 61,198 | -94,406 | 67,666 | -515 | 35,539 | 5,435 |
| overdraft | ||||||||||||
| change in cash | -116,780 | 132,667 | 128,062 | 202,995 | 39,746 | -60,268 | 61,198 | -94,406 | 67,666 | -515 | 35,539 | 5,435 |
the teach and travel group ltd Credit Report and Business Information
The Teach And Travel Group Ltd Competitor Analysis
Perform a competitor analysis for the teach and travel group ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in BH1 area or any other competitors across 12 key performance metrics.
the teach and travel group ltd Ownership
THE TEACH AND TRAVEL GROUP LTD group structure
The Teach And Travel Group Ltd has no subsidiary companies.
Ultimate parent company
LEARNDIRECT DIGITAL JERSEY LTD
#0168864
2 parents
THE TEACH AND TRAVEL GROUP LTD
07935847
the teach and travel group ltd directors
The Teach And Travel Group Ltd currently has 3 directors. The longest serving directors include Mr Michael Beckett (Mar 2021) and Mr Michael Beckett (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Beckett | England | 59 years | Mar 2021 | - | Director |
| Mr Michael Beckett | England | 59 years | Mar 2021 | - | Director |
| Mr Wayne Van Rensburg | England | 43 years | Mar 2021 | - | Director |
P&L
April 2023turnover
5.6m
+154%
operating profit
-139k
0%
gross margin
45.9%
+1.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
762.8k
-0.14%
total assets
1.9m
+0.1%
cash
401.3k
-0.23%
net assets
Total assets minus all liabilities
Similar Companies
the teach and travel group ltd company details
company number
07935847
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
85600 - Educational support activities
incorporation date
February 2012
age
13
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
April 2023
previous names
lovetefl ltd (July 2015)
accountant
FORVIS MAZARS LLP
auditor
-
address
4th floor wilson house, lorne park road, bournemouth, BH1 1JN
Bank
NATWEST
Legal Advisor
-
the teach and travel group 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 3 charges/mortgages relating to the teach and travel group ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
the teach and travel group ltd Capital Raised & Share Issues BETA
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.
Click to start generating capital raising & share issue transactions for THE TEACH AND TRAVEL GROUP LTD. This can take several minutes, an email will notify you when this has completed.
the teach and travel group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
