travcorp holdings limited
travcorp holdings limited Company Information
Company Number
10109855
Website
-Registered Address
unit 14 telford court, chester gates business park, chester, CH1 6LT
Industry
Activities of distribution holding companies
Telephone
01612600135
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
sharon patricia botterill 21.6%
tony graham carty 21.6%
View Alltravcorp holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TRAVCORP HOLDINGS LIMITED at £219.1m based on a Turnover of £109.6m and 2x industry multiple (adjusted for size and gross margin).
travcorp holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TRAVCORP HOLDINGS LIMITED at £3.2m based on an EBITDA of £408.7k and a 7.84x industry multiple (adjusted for size and gross margin).
travcorp holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TRAVCORP HOLDINGS LIMITED at £11.4m based on Net Assets of £6m and 1.9x industry multiple (adjusted for liquidity).
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Travcorp Holdings Limited Overview
Travcorp Holdings Limited is a live company located in chester, CH1 6LT with a Companies House number of 10109855. It operates in the activities of distribution holding companies sector, SIC Code 64204. Founded in April 2016, it's largest shareholder is sharon patricia botterill with a 21.6% stake. Travcorp Holdings Limited is a young, mega sized company, Pomanda has estimated its turnover at £109.6m with rapid growth in recent years.
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Travcorp Holdings Limited Health Check
Pomanda's financial health check has awarded Travcorp Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £109.6m, make it larger than the average company (£23m)
£109.6m - Travcorp Holdings Limited
£23m - Industry AVG
Growth
3 year (CAGR) sales growth of 70%, show it is growing at a faster rate (9.2%)
70% - Travcorp Holdings Limited
9.2% - Industry AVG
Production
with a gross margin of 14.1%, this company has a higher cost of product (26.5%)
14.1% - Travcorp Holdings Limited
26.5% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (4.7%)
0.3% - Travcorp Holdings Limited
4.7% - Industry AVG
Employees
with 119 employees, this is above the industry average (97)
119 - Travcorp Holdings Limited
97 - Industry AVG
Pay Structure
on an average salary of £42.1k, the company has an equivalent pay structure (£40.1k)
£42.1k - Travcorp Holdings Limited
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £920.9k, this is more efficient (£292.2k)
£920.9k - Travcorp Holdings Limited
£292.2k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (49 days)
65 days - Travcorp Holdings Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (40 days)
131 days - Travcorp Holdings Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Travcorp Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (14 weeks)
30 weeks - Travcorp Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.2%, this is a higher level of debt than the average (59.7%)
86.2% - Travcorp Holdings Limited
59.7% - Industry AVG
TRAVCORP HOLDINGS LIMITED financials
Travcorp Holdings Limited's latest turnover from December 2023 is £109.6 million and the company has net assets of £6 million. According to their latest financial statements, Travcorp Holdings Limited has 119 employees and maintains cash reserves of £21.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 109,592,909 | 91,922,462 | 34,790,549 | 22,299,656 | 70,400,119 | 16,413,850 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 94,190,988 | 78,542,103 | 31,680,645 | 20,437,397 | 66,366,250 | 13,650,253 | ||
| Gross Profit | 15,401,921 | 13,380,359 | 3,109,904 | 1,862,259 | 4,033,869 | 2,763,597 | ||
| Admin Expenses | 15,085,123 | 12,431,034 | 3,202,958 | 2,340,980 | 2,948,241 | 2,397,079 | ||
| Operating Profit | 316,798 | 949,325 | -93,054 | -478,721 | 1,085,628 | 366,518 | ||
| Interest Payable | 15,837 | 36,544 | 18,256 | 14 | 5,281 | 0 | ||
| Interest Receivable | 932,866 | 7,630 | 2,359 | 20,888 | 81,055 | 1,616 | ||
| Pre-Tax Profit | 1,012,294 | 920,411 | -225,524 | -457,847 | 510,950 | 368,134 | ||
| Tax | -115,055 | 91,167 | -60,385 | 182,223 | -64,440 | -103,758 | ||
| Profit After Tax | 897,239 | 1,011,578 | -285,909 | -275,624 | 446,510 | 264,376 | ||
| Dividends Paid | 202,560 | 202,560 | 337,908 | 152,520 | 171,356 | 138,018 | ||
| Retained Profit | 694,679 | 809,018 | -623,817 | -428,144 | 275,154 | 126,358 | ||
| Employee Costs | 5,015,073 | 5,085,034 | 3,172,121 | 2,913,375 | 3,241,913 | 2,695,740 | ||
| Number Of Employees | 119 | 107 | 91 | 101 | 91 | 82 | 73 | |
| EBITDA* | 408,732 | 1,004,078 | -71,442 | -456,377 | 1,103,661 | 388,192 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 836,189 | 734,936 | 682,627 | 58,264 | 71,749 | 34,378 | 42,846 | 0 |
| Intangible Assets | 884,752 | 345,201 | 220,019 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 198 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,720,941 | 1,080,137 | 902,646 | 58,264 | 71,749 | 34,378 | 42,846 | 198 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 1,183,578 | 0 |
| Trade Debtors | 19,599,036 | 16,278,203 | 18,032,945 | 13,227,536 | 8,799,248 | 4,131,891 | 193,600 | 0 |
| Group Debtors | 0 | 0 | 0 | 45,757 | 181,514 | 0 | 0 | 0 |
| Misc Debtors | 839,462 | 965,831 | 706,764 | 1,788,772 | 565,498 | 784,394 | 483,788 | 164 |
| Cash | 21,538,970 | 18,714,427 | 20,341,443 | 14,491,084 | 10,476,726 | 4,490,290 | 991,482 | 81 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 41,977,468 | 35,958,461 | 39,081,152 | 29,553,149 | 20,022,986 | 9,406,575 | 2,852,448 | 245 |
| total assets | 43,698,409 | 37,038,598 | 39,983,798 | 29,611,413 | 20,094,735 | 9,440,953 | 2,895,294 | 443 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 57,208 | 49,422 | 348,020 | 125,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 33,932,158 | 27,816,948 | 29,224,193 | 19,482,369 | 16,178,829 | 6,884,823 | 573,271 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 491 |
| other short term finances | 322,582 | 87,677 | 3,317 | 497,273 | 291,747 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,014,446 | 3,531,236 | 4,610,534 | 6,414,428 | 1,480,260 | 687,385 | 580,344 | 700 |
| total current liabilities | 37,326,394 | 31,485,283 | 34,186,064 | 26,519,070 | 17,950,836 | 7,572,208 | 1,153,615 | 1,191 |
| loans | 151,130 | 206,124 | 1,280,431 | 1,375,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 199,885 | 20,870 | 0 | 9,863 | 8,275 | 8,275 | 7,567 | 0 |
| total long term liabilities | 351,015 | 226,994 | 1,280,431 | 1,384,863 | 8,275 | 8,275 | 7,567 | 0 |
| total liabilities | 37,677,409 | 31,712,277 | 35,466,495 | 27,903,933 | 17,959,111 | 7,580,483 | 1,161,182 | 1,191 |
| net assets | 6,021,000 | 5,326,321 | 4,517,303 | 1,707,480 | 2,135,624 | 1,860,470 | 1,734,112 | -748 |
| total shareholders funds | 6,021,000 | 5,326,321 | 4,517,303 | 1,707,480 | 2,135,624 | 1,860,470 | 1,734,112 | -748 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 316,798 | 949,325 | -93,054 | -478,721 | 1,085,628 | 366,518 | ||
| Depreciation | 69,368 | 32,187 | 15,970 | 22,344 | 18,033 | 21,674 | 17,618 | 0 |
| Amortisation | 22,566 | 22,566 | 5,642 | 0 | 0 | 0 | 0 | 0 |
| Tax | -115,055 | 91,167 | -60,385 | 182,223 | -64,440 | -103,758 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | -1,183,578 | 1,183,578 | 0 |
| Debtors | 3,194,464 | -1,495,675 | 3,677,644 | 5,515,805 | 4,629,975 | 4,238,897 | 677,224 | 164 |
| Creditors | 6,115,210 | -1,407,245 | 9,741,824 | 3,303,540 | 9,294,006 | 6,311,552 | 573,271 | 0 |
| Accruals and Deferred Income | -516,790 | -1,079,298 | -1,803,894 | 4,934,168 | 792,875 | 107,041 | 579,644 | 700 |
| Deferred Taxes & Provisions | 179,015 | 20,870 | -9,863 | 1,588 | 0 | 708 | 7,567 | 0 |
| Cash flow from operations | 2,876,648 | 125,247 | 4,118,596 | 2,449,337 | 6,496,127 | 3,648,416 | ||
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -198 | 198 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Financing Activities | ||||||||
| Bank loans | 7,786 | -298,598 | 223,020 | 125,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -491 | 491 |
| Other Short Term Loans | 234,905 | 84,360 | -493,956 | 205,526 | 291,747 | 0 | 0 | 0 |
| Long term loans | -54,994 | -1,074,307 | -94,569 | 1,375,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 917,029 | -28,914 | -15,897 | 20,874 | 75,774 | 1,616 | ||
| cash flow from financing | 1,104,726 | -1,317,459 | 3,052,238 | 1,726,400 | 367,521 | 1,616 | ||
| cash and cash equivalents | ||||||||
| cash | 2,824,543 | -1,627,016 | 5,850,359 | 4,014,358 | 5,986,436 | 3,498,808 | 991,401 | 81 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,824,543 | -1,627,016 | 5,850,359 | 4,014,358 | 5,986,436 | 3,498,808 | 991,401 | 81 |
travcorp holdings limited Credit Report and Business Information
Travcorp Holdings Limited Competitor Analysis
Perform a competitor analysis for travcorp holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in CH1 area or any other competitors across 12 key performance metrics.
travcorp holdings limited Ownership
TRAVCORP HOLDINGS LIMITED group structure
Travcorp Holdings Limited has 5 subsidiary companies.
Ultimate parent company
TRAVCORP HOLDINGS LIMITED
10109855
5 subsidiaries
travcorp holdings limited directors
Travcorp Holdings Limited currently has 7 directors. The longest serving directors include Mr Jason Edwards (Apr 2016) and Mr Tony Carty (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Edwards | England | 56 years | Apr 2016 | - | Director |
| Mr Tony Carty | England | 55 years | Aug 2017 | - | Director |
| Mr Andrew Botterill | 56 years | Feb 2018 | - | Director | |
| Mr Matthew Appleby | England | 46 years | Dec 2018 | - | Director |
| Mr Mark Lawton | 47 years | Dec 2018 | - | Director | |
| Mr Spencer Woods | England | 41 years | Oct 2021 | - | Director |
| Mr Andrew Shapin | England | 58 years | Oct 2021 | - | Director |
P&L
December 2023turnover
109.6m
+19%
operating profit
316.8k
-67%
gross margin
14.1%
-3.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6m
+0.13%
total assets
43.7m
+0.18%
cash
21.5m
+0.15%
net assets
Total assets minus all liabilities
travcorp holdings limited company details
company number
10109855
Type
Private limited with Share Capital
industry
64204 - Activities of distribution holding companies
incorporation date
April 2016
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DJH MITTEN CLARKE AUDIT LIMITED
address
unit 14 telford court, chester gates business park, chester, CH1 6LT
Bank
-
Legal Advisor
-
travcorp holdings 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 3 charges/mortgages relating to travcorp holdings limited. Currently there are 2 open charges and 1 have been satisfied in the past.
travcorp holdings limited Companies House Filings - See Documents
| date | description | view/download |
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