Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
c/o kroll advisory ltd, the shard, london, SE1 9SG
travelsmart international group limitedEstimated Valuation
£107.9m
Pomanda estimates the enterprise value of TRAVELSMART INTERNATIONAL GROUP LIMITED at £107.9m based on a Turnover of £65.1m and 1.66x industry multiple (adjusted for size and gross margin).
travelsmart international group limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TRAVELSMART INTERNATIONAL GROUP LIMITED at £0 based on an EBITDA of £-6.3k and a 7x industry multiple (adjusted for size and gross margin).
travelsmart international group limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of TRAVELSMART INTERNATIONAL GROUP LIMITED at £0 based on Net Assets of £-12.2m and 1.27x industry multiple (adjusted for liquidity).
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Travelsmart International Group LimitedOverview
Travelsmart International Group Limited is a live company located in london, SE1 9SG with a Companies House number of 12351407. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2019, it's largest shareholder is
synova capital general partner 4 limited
with a 42.9% stake. Travelsmart International Group Limited is a young,
large sized company, Pomanda has estimated its turnover at
£65.1m with
unknown
growth in recent years.
Travelsmart International Group Limited Health Check
Pomanda's financial health check has awarded Travelsmart International Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
0 Regular
6 Weak
Size
annual sales of £65.1m, make it larger than the average company (£18.3m)
£65.1m - Travelsmart International Group Limited
£18.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Travelsmart International Group Limited
- - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (34.9%)
17.5% - Travelsmart International Group Limited
34.9% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (4.9%)
0% - Travelsmart International Group Limited
4.9% - Industry AVG
Employees
with 65 employees, this is below the industry average (102)
65 - Travelsmart International Group Limited
102 - Industry AVG
Pay Structure
on an average salary of £57.3k, the company has a higher pay structure (£42.2k)
£57.3k - Travelsmart International Group Limited
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£182.8k)
£1m - Travelsmart International Group Limited
£182.8k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (45 days)
8 days - Travelsmart International Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (45 days)
95 days - Travelsmart International Group Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Travelsmart International Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is less cash available to meet short term requirements (15 weeks)
10 weeks - Travelsmart International Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 175.7%, this is a higher level of debt than the average (68.9%)
175.7% - Travelsmart International Group Limited
68.9% - Industry AVG
TRAVELSMART INTERNATIONAL GROUP LIMITED financials
EXPORT
Travelsmart International Group Limited's latest turnover from April 2023 is £65.1 million and the company has net assets of -£12.2 million. According to their latest financial statements, Travelsmart International Group Limited has 65 employees and maintains cash reserves of £5.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2023
Apr 2022
Apr 2021
Turnover
65,083,472
39,605,617
13,219,448
Other Income Or Grants
Cost Of Sales
53,664,820
32,299,694
11,430,249
Gross Profit
11,418,652
7,305,923
1,789,199
Admin Expenses
11,426,248
2,642,990
7,063,867
Operating Profit
-7,596
4,662,933
-5,274,668
Interest Payable
469,399
337,438
50,081
Interest Receivable
28,881
5,659
10,384
Pre-Tax Profit
-448,114
4,331,154
-5,314,365
Tax
Profit After Tax
-448,114
4,331,154
-5,314,365
Dividends Paid
Retained Profit
-448,114
4,331,154
-5,314,365
Employee Costs
3,723,045
2,557,100
1,965,777
Number Of Employees
65
55
40
EBITDA*
-6,267
4,665,013
-5,255,782
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023
Apr 2022
Apr 2021
Tangible Assets
7,422
7,797
9,877
Intangible Assets
5,961,021
6,756,848
7,534,310
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,968,443
6,764,645
7,544,187
Stock & work in progress
Trade Debtors
1,551,689
1,670,179
936,928
Group Debtors
Misc Debtors
2,964,892
7,728,731
3,655,497
Cash
5,599,280
7,161,626
11,608,149
misc current assets
total current assets
10,115,861
16,560,536
16,200,574
total assets
16,084,304
23,325,181
23,744,761
Bank overdraft
47,630
23,591
Bank loan
6,189,131
Trade Creditors
14,109,019
15,717,779
6,822,484
Group/Directors Accounts
other short term finances
500,000
hp & lease commitments
other current liabilities
7,410,040
11,274,124
18,038,450
total current liabilities
28,255,820
27,015,494
24,860,934
loans
6,689,131
6,689,131
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,000,000
7,983,711
provisions
total long term liabilities
8,689,131
14,672,842
total liabilities
28,255,820
35,704,625
39,533,776
net assets
-12,171,516
-12,379,444
-15,789,015
total shareholders funds
-12,171,516
-12,379,444
-15,789,015
Apr 2023
Apr 2022
Apr 2021
Operating Activities
Operating Profit
-7,596
4,662,933
-5,274,668
Depreciation
1,329
2,080
18,886
Amortisation
Tax
Stock
Debtors
-4,882,329
4,806,485
4,592,425
Creditors
-1,608,760
8,895,295
6,822,484
Accruals and Deferred Income
-3,864,084
-6,764,326
18,038,450
Deferred Taxes & Provisions
Cash flow from operations
-596,782
1,989,497
15,012,727
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
6,189,131
Group/Directors Accounts
Other Short Term Loans
500,000
Long term loans
-6,689,131
6,689,131
Hire Purchase and Lease Commitments
other long term liabilities
-2,000,000
-5,983,711
7,983,711
share issue
656,042
-921,583
-10,474,650
interest
-440,518
-331,779
-39,697
cash flow from financing
-1,784,476
-7,237,073
4,158,495
cash and cash equivalents
cash
-1,562,346
-4,446,523
11,608,149
overdraft
24,039
23,591
change in cash
-1,586,385
-4,470,114
11,608,149
travelsmart international group 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 travelsmart international group limited. Get real-time insights into travelsmart international group limited's credit score, group structure and payment trends.
Travelsmart International Group Limited Competitor Analysis
Perform a competitor analysis for travelsmart international group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in SE1 area or any other competitors across 12 key performance metrics.
travelsmart international group limited Ownership
TRAVELSMART INTERNATIONAL GROUP LIMITED group structure
Travelsmart International Group Limited has 1 subsidiary company.
TRAVELSMART INTERNATIONAL GROUP LIMITED Shareholders
The largest shareholders in Travelsmart International Group Limited include Synova Capital General Partner 4 Limited and Ben Block.
synova capital general partner 4 limited
42.93%
ben block
8.16%
brian accomando
7.34%
chris accomando
6.8%
catherine wilber
6.8%
ann marie accomando
6.8%
mark accomando
6.8%
ben braude
5.47%
travelsmart ebt limited
2.66%
stuart jackson
1.59%
travelsmart international group limited directors
Travelsmart International Group Limited currently has 7 directors.
The longest serving directors include
Mr Alex Bowden (Dec 2019) and
Mr Alexander Bowden (Dec 2019).
travelsmart international group limited company details
company number
12351407
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.
c/o kroll advisory ltd, the shard, london, SE1 9SG
Bank
-
Legal Advisor
-
travelsmart international 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 travelsmart international group limited. Currently there are 0 open charges and 2 have been satisfied in the past.
travelsmart international 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 TRAVELSMART INTERNATIONAL GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
travelsmart international group limitedCompanies House Filings - See Documents
