Management consultancy activities (other than financial management)
+1
Registered Address
9 brenton business complex, bond street, bury, BL9 7BE
Website
-
gorco travel services limitedEstimated Valuation
£43.2k
Pomanda estimates the enterprise value of GORCO TRAVEL SERVICES LIMITED at £43.2k based on a Turnover of £105.5k and 0.41x industry multiple (adjusted for size and gross margin).
gorco travel services limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GORCO TRAVEL SERVICES LIMITED at £0 based on an EBITDA of £-321 and a 2.6x industry multiple (adjusted for size and gross margin).
gorco travel services limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GORCO TRAVEL SERVICES LIMITED at £0 based on Net Assets of £-34.4k and 2.59x industry multiple (adjusted for liquidity).
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Gorco Travel Services LimitedOverview
Gorco Travel Services Limited is a live company located in bury, BL9 7BE with a Companies House number of 12213165. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in September 2019, it's largest shareholder is
daniel gordon
with a 100% stake. Gorco Travel Services Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£105.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Gorco Travel Services Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £105.5k, make it smaller than the average company (£5.3m)
£105.5k - Gorco Travel Services Limited
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (3.6%)
-16% - Gorco Travel Services Limited
3.6% - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (41.7%)
18.8% - Gorco Travel Services Limited
41.7% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (5.7%)
-0.3% - Gorco Travel Services Limited
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (17)
2 - Gorco Travel Services Limited
17 - Industry AVG
Pay Structure
on an average salary of £45.6k, the company has an equivalent pay structure (£45.6k)
£45.6k - Gorco Travel Services Limited
£45.6k - Industry AVG
Efficiency
resulting in sales per employee of £52.7k, this is less efficient (£205.9k)
£52.7k - Gorco Travel Services Limited
£205.9k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (48 days)
98 days - Gorco Travel Services Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 153 days, this is slower than average (29 days)
153 days - Gorco Travel Services Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gorco Travel Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gorco Travel Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 221.4%, this is a higher level of debt than the average (67.7%)
221.4% - Gorco Travel Services Limited
67.7% - Industry AVG
GORCO TRAVEL SERVICES LIMITED financials
EXPORT
Gorco Travel Services Limited's latest turnover from September 2023 is estimated at £105.5 thousand and the company has net assets of -£34.4 thousand. According to their latest financial statements, Gorco Travel Services Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Turnover
105,488
35,996
121,551
178,968
Other Income Or Grants
Cost Of Sales
85,618
29,687
99,423
145,674
Gross Profit
19,870
6,309
22,128
33,294
Admin Expenses
20,191
40,424
21,119
34,071
Operating Profit
-321
-34,115
1,009
-777
Interest Payable
Interest Receivable
Pre-Tax Profit
-321
-34,115
1,009
-777
Tax
-192
Profit After Tax
-321
-34,115
817
-777
Dividends Paid
Retained Profit
-321
-34,115
817
-777
Employee Costs
91,157
85,806
119,554
117,253
Number Of Employees
2
2
3
3
EBITDA*
-321
-34,115
1,009
-777
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
28,328
3,737
71,457
67,583
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
28,328
3,737
71,457
67,583
total assets
28,328
3,737
71,457
67,583
Bank overdraft
Bank loan
Trade Creditors
36,058
1,146
24,750
18,360
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
36,058
1,146
24,750
18,360
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
26,666
36,666
46,667
50,000
provisions
total long term liabilities
26,666
36,666
46,667
50,000
total liabilities
62,724
37,812
71,417
68,360
net assets
-34,396
-34,075
40
-777
total shareholders funds
-34,396
-34,075
40
-777
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Operating Activities
Operating Profit
-321
-34,115
1,009
-777
Depreciation
Amortisation
Tax
-192
Stock
Debtors
24,591
-67,720
3,874
67,583
Creditors
34,912
-23,604
6,390
18,360
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
10,000
10,001
3,333
-50,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-10,000
-10,001
-3,333
50,000
share issue
interest
cash flow from financing
-10,000
-10,001
-3,333
50,000
cash and cash equivalents
cash
overdraft
change in cash
gorco travel services limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for gorco travel services limited. Get real-time insights into gorco travel services limited's credit score, group structure and payment trends.
Perform a competitor analysis for gorco travel services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BL9 area or any other competitors across 12 key performance metrics.
gorco travel services limited Ownership
GORCO TRAVEL SERVICES LIMITED group structure
Gorco Travel Services Limited has no subsidiary companies.
Ultimate parent company
GORCO TRAVEL SERVICES LIMITED
12213165
GORCO TRAVEL SERVICES LIMITED Shareholders
The sole shareholder of Gorco Travel Services Limited is Daniel Gordon.
daniel gordon
100%
gorco travel services limited directors
Gorco Travel Services Limited currently has 1 director, Mr Daniel Gordon serving since Sep 2019.
70229 - Management consultancy activities (other than financial management)
79110 - Travel agency activities
incorporation date
September 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
9 brenton business complex, bond street, bury, BL9 7BE
Bank
-
Legal Advisor
-
gorco travel services 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 gorco travel services limited.
gorco travel services 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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gorco travel services limitedCompanies House Filings - See Documents
