global tourism platforms ltd

global tourism platforms ltd Company Information

Share GLOBAL TOURISM PLATFORMS LTD
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YoungMicroDeclining

Company Number

11776279

Industry

Other business support service activities n.e.c.

 

Shareholders

miles partnership europe llc

Group Structure

View All

Contact

Registered Address

harmsworth house, c/o black diamond agency ltd, london, EC4Y 8DP

Website

-

global tourism platforms ltd Estimated Valuation

£63.5k

Pomanda estimates the enterprise value of GLOBAL TOURISM PLATFORMS LTD at £63.5k based on a Turnover of £117.8k and 0.54x industry multiple (adjusted for size and gross margin).

global tourism platforms ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of GLOBAL TOURISM PLATFORMS LTD at £0 based on an EBITDA of £-2.5k and a 3.83x industry multiple (adjusted for size and gross margin).

global tourism platforms ltd Estimated Valuation

£31.3k

Pomanda estimates the enterprise value of GLOBAL TOURISM PLATFORMS LTD at £31.3k based on Net Assets of £13.2k and 2.37x industry multiple (adjusted for liquidity).

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Global Tourism Platforms Ltd Overview

Global Tourism Platforms Ltd is a live company located in london, EC4Y 8DP with a Companies House number of 11776279. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2019, it's largest shareholder is miles partnership europe llc with a 100% stake. Global Tourism Platforms Ltd is a young, micro sized company, Pomanda has estimated its turnover at £117.8k with declining growth in recent years.

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Global Tourism Platforms Ltd Health Check

Pomanda's financial health check has awarded Global Tourism Platforms Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £117.8k, make it smaller than the average company (£4.8m)

£117.8k - Global Tourism Platforms Ltd

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (6.6%)

-26% - Global Tourism Platforms Ltd

6.6% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Global Tourism Platforms Ltd

38.2% - Industry AVG

profitability

Profitability

an operating margin of -2.1% make it less profitable than the average company (5.7%)

-2.1% - Global Tourism Platforms Ltd

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (27)

2 - Global Tourism Platforms Ltd

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - Global Tourism Platforms Ltd

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £58.9k, this is less efficient (£171.5k)

£58.9k - Global Tourism Platforms Ltd

£171.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (41 days)

4 days - Global Tourism Platforms Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 17 days, this is quicker than average (32 days)

17 days - Global Tourism Platforms Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Global Tourism Platforms Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Global Tourism Platforms Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 24.6%, this is a lower level of debt than the average (62.4%)

24.6% - Global Tourism Platforms Ltd

62.4% - Industry AVG

GLOBAL TOURISM PLATFORMS LTD financials

EXPORTms excel logo

Global Tourism Platforms Ltd's latest turnover from December 2023 is estimated at £117.8 thousand and the company has net assets of £13.2 thousand. According to their latest financial statements, Global Tourism Platforms Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Turnover117,751262,558316,740290,5990
Other Income Or Grants00000
Cost Of Sales72,803161,710198,267183,0030
Gross Profit44,948100,848118,472107,5960
Admin Expenses47,41591,182110,589107,5960
Operating Profit-2,4679,6667,88300
Interest Payable00000
Interest Receivable915610000
Pre-Tax Profit-1,55210,2777,88300
Tax0-1,953-1,49800
Profit After Tax-1,5528,3246,38500
Dividends Paid00000
Retained Profit-1,5528,3246,38500
Employee Costs107,918154,062146,58492,8860
Number Of Employees23320
EBITDA*-2,4679,6667,88300

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Tangible Assets00000
Intangible Assets00000
Investments & Other696969690
Debtors (Due After 1 year)00000
Total Fixed Assets696969690
Stock & work in progress00000
Trade Debtors1,333027,40000
Group Debtors16,1490000
Misc Debtors00000
Cash034,867000
misc current assets00000
total current assets17,48234,86727,40000
total assets17,55134,93627,469690
Bank overdraft00000
Bank loan00000
Trade Creditors 3,4503,000000
Group/Directors Accounts03,606000
other short term finances00000
hp & lease commitments00000
other current liabilities87513,55221,01500
total current liabilities4,32520,15821,01500
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities00000
provisions00000
total long term liabilities00000
total liabilities4,32520,15821,01500
net assets13,22614,7786,454690
total shareholders funds13,22614,7786,454690
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Operating Activities
Operating Profit-2,4679,6667,88300
Depreciation00000
Amortisation00000
Tax0-1,953-1,49800
Stock00000
Debtors17,482-27,40027,40000
Creditors4503,000000
Accruals and Deferred Income-12,677-7,46321,01500
Deferred Taxes & Provisions00000
Cash flow from operations-32,17630,650000
Investing Activities
capital expenditure00000
Change in Investments000690
cash flow from investments000-690
Financing Activities
Bank loans00000
Group/Directors Accounts-3,6063,606000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue000690
interest915610000
cash flow from financing-2,6914,2160690
cash and cash equivalents
cash-34,86734,867000
overdraft00000
change in cash-34,86734,867000

global tourism platforms ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Global Tourism Platforms Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for global tourism platforms ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EC4Y area or any other competitors across 12 key performance metrics.

global tourism platforms ltd Ownership

GLOBAL TOURISM PLATFORMS LTD group structure

Global Tourism Platforms Ltd has 1 subsidiary company.

Ultimate parent company

MILES PARTNERSHIP EUROPE LLC

#0158893

1 parent

GLOBAL TOURISM PLATFORMS LTD

11776279

1 subsidiary

GLOBAL TOURISM PLATFORMS LTD Shareholders

miles partnership europe llc 100%

global tourism platforms ltd directors

Global Tourism Platforms Ltd currently has 2 directors. The longest serving directors include Mr James Odoire (Jan 2019) and Mr Jonah Whitaker (Jun 2021).

officercountryagestartendrole
Mr James OdoireUnited Kingdom54 years Jan 2019- Director
Mr Jonah WhitakerEngland46 years Jun 2021- Director

P&L

December 2023

turnover

117.8k

-55%

operating profit

-2.5k

0%

gross margin

38.2%

-0.62%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

13.2k

-0.11%

total assets

17.6k

-0.5%

cash

0

-1%

net assets

Total assets minus all liabilities

global tourism platforms ltd company details

company number

11776279

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

January 2019

age

6

incorporated

UK

ultimate parent company

MILES PARTNERSHIP EUROPE LLC

accounts

Small Company

last accounts submitted

December 2023

previous names

black diamond agency holdings limited (February 2019)

accountant

NYMAN LIBSON PAUL LLP

auditor

-

address

harmsworth house, c/o black diamond agency ltd, london, EC4Y 8DP

Bank

-

Legal Advisor

-

global tourism platforms 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 did not find charges/mortgages relating to global tourism platforms ltd.

global tourism platforms 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.

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global tourism platforms ltd Companies House Filings - See Documents

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