the travel philosophy ltd Company Information
Company Number
12957258
Website
-Registered Address
246 green lanes, london, N13 5XT
Industry
Tour operator activities
Travel agency activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
dia anastasi 26%
harry hajipapas 26%
View Allthe travel philosophy ltd Estimated Valuation
Pomanda estimates the enterprise value of THE TRAVEL PHILOSOPHY LTD at £82.6k based on a Turnover of £235.3k and 0.35x industry multiple (adjusted for size and gross margin).
the travel philosophy ltd Estimated Valuation
Pomanda estimates the enterprise value of THE TRAVEL PHILOSOPHY LTD at £0 based on an EBITDA of £-6.7k and a 2.16x industry multiple (adjusted for size and gross margin).
the travel philosophy ltd Estimated Valuation
Pomanda estimates the enterprise value of THE TRAVEL PHILOSOPHY LTD at £0 based on Net Assets of £-143k and 1.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Travel Philosophy Ltd Overview
The Travel Philosophy Ltd is a live company located in london, N13 5XT with a Companies House number of 12957258. It operates in the tour operator activities sector, SIC Code 79120. Founded in October 2020, it's largest shareholder is dia anastasi with a 26% stake. The Travel Philosophy Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £235.3k with unknown growth in recent years.
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The Travel Philosophy Ltd Health Check
Pomanda's financial health check has awarded The Travel Philosophy Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £235.3k, make it smaller than the average company (£9.5m)
- The Travel Philosophy Ltd
£9.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- The Travel Philosophy Ltd
- - Industry AVG
Production
with a gross margin of 22.4%, this company has a comparable cost of product (22.4%)
- The Travel Philosophy Ltd
22.4% - Industry AVG
Profitability
an operating margin of -2.9% make it less profitable than the average company (2.2%)
- The Travel Philosophy Ltd
2.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (34)
2 - The Travel Philosophy Ltd
34 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)
- The Travel Philosophy Ltd
£40.3k - Industry AVG
Efficiency
resulting in sales per employee of £117.6k, this is less efficient (£271.2k)
- The Travel Philosophy Ltd
£271.2k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (25 days)
- The Travel Philosophy Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (36 days)
- The Travel Philosophy Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Travel Philosophy Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (23 weeks)
11 weeks - The Travel Philosophy Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 174.7%, this is a higher level of debt than the average (84.7%)
174.7% - The Travel Philosophy Ltd
84.7% - Industry AVG
THE TRAVEL PHILOSOPHY LTD financials
The Travel Philosophy Ltd's latest turnover from March 2023 is estimated at £235.3 thousand and the company has net assets of -£143 thousand. According to their latest financial statements, The Travel Philosophy Ltd has 2 employees and maintains cash reserves of £70.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | |
---|---|---|
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 | 2 | 1 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | |
---|---|---|
Tangible Assets | 569 | 0 |
Intangible Assets | 71,462 | 24,888 |
Investments & Other | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 |
Total Fixed Assets | 72,031 | 24,888 |
Stock & work in progress | 0 | 0 |
Trade Debtors | 4,794 | 0 |
Group Debtors | 0 | 0 |
Misc Debtors | 43,710 | 13,471 |
Cash | 70,917 | 17,428 |
misc current assets | 0 | 0 |
total current assets | 119,421 | 30,899 |
total assets | 191,452 | 55,787 |
Bank overdraft | 0 | 0 |
Bank loan | 0 | 0 |
Trade Creditors | 287 | 960 |
Group/Directors Accounts | 0 | 0 |
other short term finances | 0 | 0 |
hp & lease commitments | 0 | 0 |
other current liabilities | 334,205 | 192,931 |
total current liabilities | 334,492 | 193,891 |
loans | 0 | 0 |
hp & lease commitments | 0 | 0 |
Accruals and Deferred Income | 0 | 0 |
other liabilities | 0 | 0 |
provisions | 0 | 0 |
total long term liabilities | 0 | 0 |
total liabilities | 334,492 | 193,891 |
net assets | -143,040 | -138,104 |
total shareholders funds | -143,040 | -138,104 |
Mar 2023 | Mar 2022 | |
---|---|---|
Operating Activities | ||
Operating Profit | ||
Depreciation | 100 | 0 |
Amortisation | 0 | 0 |
Tax | ||
Stock | 0 | 0 |
Debtors | 35,033 | 13,471 |
Creditors | -673 | 960 |
Accruals and Deferred Income | 141,274 | 192,931 |
Deferred Taxes & Provisions | 0 | 0 |
Cash flow from operations | ||
Investing Activities | ||
capital expenditure | ||
Change in Investments | 0 | 0 |
cash flow from investments | ||
Financing Activities | ||
Bank loans | 0 | 0 |
Group/Directors Accounts | 0 | 0 |
Other Short Term Loans | 0 | 0 |
Long term loans | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 |
other long term liabilities | 0 | 0 |
share issue | ||
interest | ||
cash flow from financing | ||
cash and cash equivalents | ||
cash | 53,489 | 17,428 |
overdraft | 0 | 0 |
change in cash | 53,489 | 17,428 |
the travel philosophy ltd Credit Report and Business Information
The Travel Philosophy Ltd Competitor Analysis
Perform a competitor analysis for the travel philosophy ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in N13 area or any other competitors across 12 key performance metrics.
the travel philosophy ltd Ownership
THE TRAVEL PHILOSOPHY LTD group structure
The Travel Philosophy Ltd has no subsidiary companies.
Ultimate parent company
THE TRAVEL PHILOSOPHY LTD
12957258
the travel philosophy ltd directors
The Travel Philosophy Ltd currently has 4 directors. The longest serving directors include Mr Harry Hajipapas (Oct 2020) and Mr Tassos Anastasi (Oct 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Harry Hajipapas | United Kingdom | 66 years | Oct 2020 | - | Director |
Mr Tassos Anastasi | United Kingdom | 69 years | Oct 2020 | - | Director |
Mr Christos Hajipapas | United Kingdom | 39 years | Oct 2020 | - | Director |
Mr Costas Anastasi | England | 38 years | Oct 2020 | - | Director |
P&L
March 2023turnover
235.3k
+443%
operating profit
-6.8k
0%
gross margin
22.4%
-7.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-143k
+0.04%
total assets
191.5k
+2.43%
cash
70.9k
+3.07%
net assets
Total assets minus all liabilities
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the travel philosophy ltd company details
company number
12957258
Type
Private limited with Share Capital
industry
79120 - Tour operator activities
79110 - Travel agency activities
incorporation date
October 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
ALG
auditor
-
address
246 green lanes, london, N13 5XT
Bank
-
Legal Advisor
-
the travel philosophy 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 the travel philosophy ltd.
the travel philosophy ltd Companies House Filings - See Documents
date | description | view/download |
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