destination 2 cruise limited
destination 2 cruise limited Company Information
Company Number
12277187
Next Accounts
Sep 2025
Shareholders
travcorp holdings limited
Group Structure
View All
Industry
Tour operator activities
Registered Address
unit 14 telford court, chester gates business park, chester, CH1 6LT
Website
destination2.co.ukdestination 2 cruise limited Estimated Valuation
Pomanda estimates the enterprise value of DESTINATION 2 CRUISE LIMITED at £636.4k based on a Turnover of £903.5k and 0.7x industry multiple (adjusted for size and gross margin).
destination 2 cruise limited Estimated Valuation
Pomanda estimates the enterprise value of DESTINATION 2 CRUISE LIMITED at £0 based on an EBITDA of £-5 and a 3.4x industry multiple (adjusted for size and gross margin).
destination 2 cruise limited Estimated Valuation
Pomanda estimates the enterprise value of DESTINATION 2 CRUISE LIMITED at £198 based on Net Assets of £100 and 1.99x industry multiple (adjusted for liquidity).
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Destination 2 Cruise Limited Overview
Destination 2 Cruise Limited is a live company located in chester, CH1 6LT with a Companies House number of 12277187. It operates in the tour operator activities sector, SIC Code 79120. Founded in October 2019, it's largest shareholder is travcorp holdings limited with a 100% stake. Destination 2 Cruise Limited is a young, small sized company, Pomanda has estimated its turnover at £903.5k with rapid growth in recent years.
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Destination 2 Cruise Limited Health Check
Pomanda's financial health check has awarded Destination 2 Cruise Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
5 Weak
Size
annual sales of £903.5k, make it smaller than the average company (£14.8m)
- Destination 2 Cruise Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (13.9%)
- Destination 2 Cruise Limited
13.9% - Industry AVG
Production
with a gross margin of 13.3%, this company has a higher cost of product (20.4%)
- Destination 2 Cruise Limited
20.4% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (2.6%)
- Destination 2 Cruise Limited
2.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (39)
5 - Destination 2 Cruise Limited
39 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has an equivalent pay structure (£43.8k)
- Destination 2 Cruise Limited
£43.8k - Industry AVG
Efficiency
resulting in sales per employee of £180.7k, this is less efficient (£414.7k)
- Destination 2 Cruise Limited
£414.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Destination 2 Cruise Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Destination 2 Cruise Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Destination 2 Cruise Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Destination 2 Cruise Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Destination 2 Cruise Limited
- - Industry AVG
DESTINATION 2 CRUISE LIMITED financials
Destination 2 Cruise Limited's latest turnover from December 2023 is estimated at £903.5 thousand and the company has net assets of £100. According to their latest financial statements, Destination 2 Cruise Limited has 5 employees and maintains cash reserves of £100 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | 5 | 5 | 5 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | ||||
| Stock & work in progress | ||||
| Trade Debtors | ||||
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | 100 | 100 | 100 | 100 |
| misc current assets | ||||
| total current assets | 100 | 100 | 100 | 100 |
| total assets | 100 | 100 | 100 | 100 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | ||||
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | ||||
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | ||||
| net assets | 100 | 100 | 100 | 100 |
| total shareholders funds | 100 | 100 | 100 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | ||||
| Creditors | ||||
| Accruals and Deferred Income | ||||
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| 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 | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 100 | |||
| overdraft | ||||
| change in cash | 100 |
destination 2 cruise limited Credit Report and Business Information
Destination 2 Cruise Limited Competitor Analysis
Perform a competitor analysis for destination 2 cruise limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CH1 area or any other competitors across 12 key performance metrics.
destination 2 cruise limited Ownership
DESTINATION 2 CRUISE LIMITED group structure
Destination 2 Cruise Limited has no subsidiary companies.
Ultimate parent company
1 parent
DESTINATION 2 CRUISE LIMITED
12277187
destination 2 cruise limited directors
Destination 2 Cruise Limited currently has 5 directors. The longest serving directors include Mr Andrew Botterill (Oct 2019) and Mr Tony Carty (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Botterill | England | 56 years | Oct 2019 | - | Director |
| Mr Tony Carty | England | 55 years | Oct 2019 | - | Director |
| Mr Mark Lawton | England | 48 years | Oct 2019 | - | Director |
| Mr Jason Edwards | England | 56 years | Oct 2019 | - | Director |
| Mr Matthew Appleby | England | 47 years | Oct 2019 | - | Director |
P&L
December 2023turnover
903.5k
+98%
operating profit
-5.3
0%
gross margin
13.3%
-4.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
100
0%
total assets
100
0%
cash
100
0%
net assets
Total assets minus all liabilities
destination 2 cruise limited company details
company number
12277187
Type
Private limited with Share Capital
industry
79120 - Tour operator activities
incorporation date
October 2019
age
6
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
December 2023
previous names
N/A
accountant
DTE BUSINESS ADVISERS LIMITED
auditor
-
address
unit 14 telford court, chester gates business park, chester, CH1 6LT
Bank
-
Legal Advisor
-
destination 2 cruise 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 destination 2 cruise limited.
destination 2 cruise 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 DESTINATION 2 CRUISE LIMITED. This can take several minutes, an email will notify you when this has completed.
destination 2 cruise limited Companies House Filings - See Documents
| date | description | view/download |
|---|
