tourstan global limited
tourstan global limited Company Information
Group Structure
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Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
6th floor kings house, 9-10 haymarket, london, SW1Y 4BP
Website
-tourstan global limited Estimated Valuation
Pomanda estimates the enterprise value of TOURSTAN GLOBAL LIMITED at £98.6m based on a Turnover of £49.1m and 2.01x industry multiple (adjusted for size and gross margin).
tourstan global limited Estimated Valuation
Pomanda estimates the enterprise value of TOURSTAN GLOBAL LIMITED at £0 based on an EBITDA of £-120k and a 8.34x industry multiple (adjusted for size and gross margin).
tourstan global limited Estimated Valuation
Pomanda estimates the enterprise value of TOURSTAN GLOBAL LIMITED at £5.6m based on Net Assets of £4.2m and 1.34x industry multiple (adjusted for liquidity).
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Tourstan Global Limited Overview
Tourstan Global Limited is a live company located in london, SW1Y 4BP with a Companies House number of 11111042. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2017, it's largest shareholder is sam kamyar with a 100% stake. Tourstan Global Limited is a young, large sized company, Pomanda has estimated its turnover at £49.1m with healthy growth in recent years.
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Tourstan Global Limited Health Check
Pomanda's financial health check has awarded Tourstan Global Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £49.1m, make it larger than the average company (£18.9m)
£49.1m - Tourstan Global Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (10.6%)
15% - Tourstan Global Limited
10.6% - Industry AVG
Production
with a gross margin of 23%, this company has a higher cost of product (36.3%)
23% - Tourstan Global Limited
36.3% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (4.5%)
-0.4% - Tourstan Global Limited
4.5% - Industry AVG
Employees
with 123 employees, this is similar to the industry average (105)
123 - Tourstan Global Limited
105 - Industry AVG
Pay Structure
on an average salary of £63.2k, the company has a higher pay structure (£44.7k)
£63.2k - Tourstan Global Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £399.2k, this is more efficient (£191.4k)
£399.2k - Tourstan Global Limited
£191.4k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (45 days)
48 days - Tourstan Global Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (44 days)
34 days - Tourstan Global Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tourstan Global Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (14 weeks)
7 weeks - Tourstan Global Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.5%, this is a similar level of debt than the average (69.6%)
74.5% - Tourstan Global Limited
69.6% - Industry AVG
TOURSTAN GLOBAL LIMITED financials
Tourstan Global Limited's latest turnover from December 2023 is £49.1 million and the company has net assets of £4.2 million. According to their latest financial statements, Tourstan Global Limited has 123 employees and maintains cash reserves of £1.7 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 | |
|---|---|---|---|---|---|---|
| Turnover | 49,096,562 | 52,808,549 | 37,756,300 | 32,657,482 | 46,167,589 | 24,161,048 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 37,798,189 | 39,767,929 | 28,406,129 | 25,120,338 | 36,587,301 | 19,560,665 |
| Gross Profit | 11,298,373 | 13,040,620 | 9,350,171 | 7,537,144 | 9,580,288 | 4,600,383 |
| Admin Expenses | 11,508,535 | 10,591,553 | 8,224,432 | 6,404,477 | 8,829,467 | 4,542,765 |
| Operating Profit | -210,162 | 2,449,067 | 1,125,739 | 1,132,667 | 750,821 | 57,618 |
| Interest Payable | 469,997 | 337,010 | 302,576 | 294,680 | 226,788 | 68,451 |
| Interest Receivable | 0 | 16,040 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -680,159 | 2,128,097 | 823,163 | 837,987 | 524,033 | -10,833 |
| Tax | -128,090 | -349,851 | -110,314 | -172,024 | -108,927 | -3,818 |
| Profit After Tax | -808,249 | 1,778,246 | 712,849 | 665,963 | 415,106 | -14,651 |
| Dividends Paid | 256,081 | 772,294 | 382,000 | 110,000 | 280,000 | 50,000 |
| Retained Profit | -1,064,330 | 1,005,952 | 330,849 | 555,963 | 135,106 | -64,651 |
| Employee Costs | 7,775,471 | 7,409,733 | 5,600,588 | 4,377,961 | 5,918,594 | 3,041,783 |
| Number Of Employees | 123 | 101 | 67 | 66 | 90 | 96 |
| EBITDA* | -119,983 | 2,511,936 | 1,174,901 | 1,170,298 | 816,502 | 62,862 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 55,987 | 263,669 | 59,241 | 23,507 | 13,718 | 32,031 |
| Intangible Assets | 4,988,241 | 4,988,241 | 4,988,241 | 4,988,241 | 4,988,241 | 4,988,241 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,044,228 | 5,251,910 | 5,047,482 | 5,011,748 | 5,001,959 | 5,020,272 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,583,952 | 8,241,636 | 5,154,942 | 2,639,816 | 6,367,381 | 7,694,844 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,015,997 | 3,232,494 | 3,076,893 | 2,054,640 | 2,689,547 | 3,383,458 |
| Cash | 1,734,552 | 2,781,175 | 1,327,372 | 2,661,547 | 742,444 | 862,347 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,334,501 | 14,255,305 | 9,559,207 | 7,356,003 | 9,799,372 | 11,940,649 |
| total assets | 16,378,729 | 19,507,215 | 14,606,689 | 12,367,751 | 14,801,331 | 16,960,921 |
| Bank overdraft | 2,744,748 | 2,888,135 | 226,832 | 0 | 1,026,115 | 3,711,554 |
| Bank loan | 0 | 86,641 | 199,084 | 194,304 | 0 | 0 |
| Trade Creditors | 3,548,095 | 4,413,125 | 3,059,020 | 2,223,373 | 3,808,098 | 3,477,778 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,884,511 | 4,840,320 | 4,773,707 | 3,737,823 | 4,605,572 | 4,542,592 |
| total current liabilities | 12,177,354 | 14,228,221 | 10,258,643 | 8,155,500 | 11,439,785 | 13,731,924 |
| loans | 0 | 0 | 89,172 | 289,541 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 16,486 | 29,775 | 15,607 | 10,292 | 5,091 | 7,648 |
| total long term liabilities | 16,486 | 29,775 | 104,779 | 299,833 | 5,091 | 7,648 |
| total liabilities | 12,193,840 | 14,257,996 | 10,363,422 | 8,455,333 | 11,444,876 | 13,739,572 |
| net assets | 4,184,889 | 5,249,219 | 4,243,267 | 3,912,418 | 3,356,455 | 3,221,349 |
| total shareholders funds | 4,184,889 | 5,249,219 | 4,243,267 | 3,912,418 | 3,356,455 | 3,221,349 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -210,162 | 2,449,067 | 1,125,739 | 1,132,667 | 750,821 | 57,618 |
| Depreciation | 90,179 | 62,869 | 49,162 | 37,631 | 65,681 | 5,244 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -128,090 | -349,851 | -110,314 | -172,024 | -108,927 | -3,818 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,874,181 | 3,242,295 | 3,537,379 | -4,362,472 | -2,021,374 | 11,078,302 |
| Creditors | -865,030 | 1,354,105 | 835,647 | -1,584,725 | 330,320 | 3,477,778 |
| Accruals and Deferred Income | -955,809 | 66,613 | 1,035,884 | -867,749 | 62,980 | 4,542,592 |
| Deferred Taxes & Provisions | -13,289 | 14,168 | 5,315 | 5,201 | -2,557 | 7,648 |
| Cash flow from operations | -208,020 | 354,676 | -595,946 | 2,913,473 | 3,119,692 | -2,991,240 |
| Investing Activities | ||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -37,275 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -37,275 |
| Financing Activities | ||||||
| Bank loans | -86,641 | -112,443 | 4,780 | 194,304 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 2,000,000 |
| Long term loans | 0 | -89,172 | -200,369 | 289,541 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -469,997 | -320,970 | -302,576 | -294,680 | -226,788 | -68,451 |
| cash flow from financing | -556,638 | -522,585 | -498,165 | 189,165 | -226,788 | 5,217,549 |
| cash and cash equivalents | ||||||
| cash | -1,046,623 | 1,453,803 | -1,334,175 | 1,919,103 | -119,903 | 862,347 |
| overdraft | -143,387 | 2,661,303 | 226,832 | -1,026,115 | -2,685,439 | 3,711,554 |
| change in cash | -903,236 | -1,207,500 | -1,561,007 | 2,945,218 | 2,565,536 | -2,849,207 |
tourstan global limited Credit Report and Business Information
Tourstan Global Limited Competitor Analysis
Perform a competitor analysis for tourstan global limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in SW1Y area or any other competitors across 12 key performance metrics.
tourstan global limited Ownership
TOURSTAN GLOBAL LIMITED group structure
Tourstan Global Limited has 1 subsidiary company.
tourstan global limited directors
Tourstan Global Limited currently has 1 director, Mr Sam Kamyar serving since Dec 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sam Kamyar | United Kingdom | 46 years | Dec 2017 | - | Director |
P&L
December 2023turnover
49.1m
-7%
operating profit
-210.2k
-109%
gross margin
23.1%
-6.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.2m
-0.2%
total assets
16.4m
-0.16%
cash
1.7m
-0.38%
net assets
Total assets minus all liabilities
tourstan global limited company details
company number
11111042
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
December 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
TC GROUP
address
6th floor kings house, 9-10 haymarket, london, SW1Y 4BP
Bank
-
Legal Advisor
-
tourstan global 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 did not find charges/mortgages relating to tourstan global limited.
tourstan global limited 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.
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tourstan global limited Companies House Filings - See Documents
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