black opal travel group limited
black opal travel group limited Company Information
Company Number
11632777
Next Accounts
Sep 2025
Shareholders
r stanton-gleaves uk limited
jamie smith
Group Structure
View All
Industry
Tour operator activities
Registered Address
19-20 bourne court, southend road, woodford green, essex, IG8 8HD
Website
www.blackopal.uk.comblack opal travel group limited Estimated Valuation
Pomanda estimates the enterprise value of BLACK OPAL TRAVEL GROUP LIMITED at £3m based on a Turnover of £4.1m and 0.73x industry multiple (adjusted for size and gross margin).
black opal travel group limited Estimated Valuation
Pomanda estimates the enterprise value of BLACK OPAL TRAVEL GROUP LIMITED at £293.5k based on an EBITDA of £78.9k and a 3.72x industry multiple (adjusted for size and gross margin).
black opal travel group limited Estimated Valuation
Pomanda estimates the enterprise value of BLACK OPAL TRAVEL GROUP LIMITED at £0 based on Net Assets of £-411.2k and 2.72x industry multiple (adjusted for liquidity).
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Black Opal Travel Group Limited Overview
Black Opal Travel Group Limited is a live company located in woodford green, IG8 8HD with a Companies House number of 11632777. It operates in the tour operator activities sector, SIC Code 79120. Founded in October 2018, it's largest shareholder is r stanton-gleaves uk limited with a 50% stake. Black Opal Travel Group Limited is a young, small sized company, Pomanda has estimated its turnover at £4.1m with rapid growth in recent years.
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Black Opal Travel Group Limited Health Check
Pomanda's financial health check has awarded Black Opal Travel Group Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £4.1m, make it smaller than the average company (£15.9m)
£4.1m - Black Opal Travel Group Limited
£15.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 110%, show it is growing at a faster rate (13.6%)
110% - Black Opal Travel Group Limited
13.6% - Industry AVG
Production
with a gross margin of 12.1%, this company has a higher cost of product (20.4%)
12.1% - Black Opal Travel Group Limited
20.4% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (2.5%)
1.8% - Black Opal Travel Group Limited
2.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (39)
6 - Black Opal Travel Group Limited
39 - Industry AVG
Pay Structure
on an average salary of £43.7k, the company has an equivalent pay structure (£43.7k)
- Black Opal Travel Group Limited
£43.7k - Industry AVG
Efficiency
resulting in sales per employee of £687.2k, this is more efficient (£411.5k)
£687.2k - Black Opal Travel Group Limited
£411.5k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (5 days)
44 days - Black Opal Travel Group Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is slower than average (16 days)
22 days - Black Opal Travel Group Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Black Opal Travel Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (18 weeks)
7 weeks - Black Opal Travel Group Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 119.9%, this is a higher level of debt than the average (82.5%)
119.9% - Black Opal Travel Group Limited
82.5% - Industry AVG
BLACK OPAL TRAVEL GROUP LIMITED financials
Black Opal Travel Group Limited's latest turnover from December 2023 is £4.1 million and the company has net assets of -£411.2 thousand. According to their latest financial statements, Black Opal Travel Group Limited has 6 employees and maintains cash reserves of £337.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 4,123,015 | 4,574,437 | 349,115 | 444,934 | |
| Other Income Or Grants | |||||
| Cost Of Sales | 3,622,381 | 4,108,233 | 367,749 | 402,262 | |
| Gross Profit | 500,634 | 466,204 | -18,634 | 42,672 | |
| Admin Expenses | 425,706 | 436,136 | 336,649 | 196,841 | |
| Operating Profit | 74,928 | 30,068 | -355,283 | -154,169 | |
| Interest Payable | 41,264 | 37,288 | |||
| Interest Receivable | |||||
| Pre-Tax Profit | 33,664 | -7,220 | -355,283 | -154,169 | |
| Tax | -9,410 | 38,090 | 68,474 | 28,967 | |
| Profit After Tax | 24,254 | 30,870 | -286,809 | -125,202 | |
| Dividends Paid | |||||
| Retained Profit | 24,254 | 30,870 | -286,809 | -125,202 | |
| Employee Costs | 166,272 | ||||
| Number Of Employees | 6 | 6 | 5 | 3 | 3 |
| EBITDA* | 78,904 | 35,844 | -348,749 | -150,642 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 578 | 4,554 | 7,300 | 731 | 1,455 |
| Intangible Assets | 1,402 | 4,205 | 7,008 | ||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 578 | 4,554 | 8,702 | 4,936 | 8,463 |
| Stock & work in progress | |||||
| Trade Debtors | 502,405 | 605,884 | 189,085 | 1,171,273 | 571,744 |
| Group Debtors | |||||
| Misc Debtors | 1,222,503 | 1,684,258 | 1,219,799 | ||
| Cash | 337,429 | 412,338 | 874,952 | 84,887 | 103,843 |
| misc current assets | |||||
| total current assets | 2,062,337 | 2,702,480 | 2,283,836 | 1,256,160 | 675,587 |
| total assets | 2,062,915 | 2,707,034 | 2,292,538 | 1,261,096 | 684,050 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 228,142 | 317,779 | 67,269 | 1,470,580 | 768,332 |
| Group/Directors Accounts | 725,925 | 725,925 | 650,641 | ||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 1,520,018 | 2,098,754 | 2,040,922 | ||
| total current liabilities | 2,474,085 | 3,142,458 | 2,758,832 | 1,470,580 | 768,332 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 2,474,085 | 3,142,458 | 2,758,832 | 1,470,580 | 768,332 |
| net assets | -411,170 | -435,424 | -466,294 | -209,484 | -84,282 |
| total shareholders funds | -411,170 | -435,424 | -466,294 | -209,484 | -84,282 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 74,928 | 30,068 | -355,283 | -154,169 | |
| Depreciation | 3,976 | 4,374 | 3,731 | 724 | 717 |
| Amortisation | 1,402 | 2,803 | 2,803 | 1,402 | |
| Tax | -9,410 | 38,090 | 68,474 | 28,967 | |
| Stock | |||||
| Debtors | -565,234 | 881,258 | 237,611 | 599,529 | 571,744 |
| Creditors | -89,637 | 250,510 | -1,403,311 | 702,248 | 768,332 |
| Accruals and Deferred Income | -578,736 | 57,832 | 2,040,922 | ||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | -33,645 | -498,982 | 119,725 | -18,956 | |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 75,284 | 650,641 | |||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | -41,264 | -37,288 | |||
| cash flow from financing | -41,264 | 37,996 | 680,640 | ||
| cash and cash equivalents | |||||
| cash | -74,909 | -462,614 | 790,065 | -18,956 | 103,843 |
| overdraft | |||||
| change in cash | -74,909 | -462,614 | 790,065 | -18,956 | 103,843 |
black opal travel group limited Credit Report and Business Information
Black Opal Travel Group Limited Competitor Analysis
Perform a competitor analysis for black opal travel group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in IG8 area or any other competitors across 12 key performance metrics.
black opal travel group limited Ownership
BLACK OPAL TRAVEL GROUP LIMITED group structure
Black Opal Travel Group Limited has no subsidiary companies.
Ultimate parent company
BLACK OPAL TRAVEL GROUP LIMITED
11632777
black opal travel group limited directors
Black Opal Travel Group Limited currently has 2 directors. The longest serving directors include Mr Robin Stanton-Gleaves (Oct 2018) and Mr Jamie Smith (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robin Stanton-Gleaves | United Kingdom | 57 years | Oct 2018 | - | Director |
| Mr Jamie Smith | England | 47 years | Nov 2020 | - | Director |
P&L
December 2023turnover
4.1m
-10%
operating profit
74.9k
+149%
gross margin
12.2%
+19.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-411.2k
-0.06%
total assets
2.1m
-0.24%
cash
337.4k
-0.18%
net assets
Total assets minus all liabilities
black opal travel group limited company details
company number
11632777
Type
Private limited with Share Capital
industry
79120 - Tour operator activities
incorporation date
October 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
RAFFINGERS LLP
auditor
-
address
19-20 bourne court, southend road, woodford green, essex, IG8 8HD
Bank
-
Legal Advisor
-
black opal travel group 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 2 charges/mortgages relating to black opal travel group limited. Currently there are 2 open charges and 0 have been satisfied in the past.
black opal travel group 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.
Click to start generating capital raising & share issue transactions for BLACK OPAL TRAVEL GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
black opal travel group limited Companies House Filings - See Documents
| date | description | view/download |
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