the travel philosophy ltd

1

the travel philosophy ltd Company Information

Share THE TRAVEL PHILOSOPHY LTD
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StartupMicro

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

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Directors

Harry Hajipapas4 Years

Tassos Anastasi4 Years

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Shareholders

dia anastasi 26%

harry hajipapas 26%

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the travel philosophy ltd Estimated Valuation

£82.6k

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

£0

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

£0

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).

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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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £235.3k, make it smaller than the average company (£9.5m)

£235.3k - The Travel Philosophy Ltd

£9.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - The Travel Philosophy Ltd

- - Industry AVG

production

Production

with a gross margin of 22.4%, this company has a comparable cost of product (22.4%)

22.4% - The Travel Philosophy Ltd

22.4% - Industry AVG

profitability

Profitability

an operating margin of -2.9% make it less profitable than the average company (2.2%)

-2.9% - The Travel Philosophy Ltd

2.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (34)

2 - The Travel Philosophy Ltd

34 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.3k, the company has an equivalent pay structure (£40.3k)

£40.3k - The Travel Philosophy Ltd

£40.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £117.6k, this is less efficient (£271.2k)

£117.6k - The Travel Philosophy Ltd

£271.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (25 days)

7 days - The Travel Philosophy Ltd

25 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (36 days)

0 days - The Travel Philosophy Ltd

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Travel Philosophy Ltd

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2023Mar 2022
Turnover235,27643,310
Other Income Or Grants00
Cost Of Sales182,60732,792
Gross Profit52,66910,518
Admin Expenses59,482148,787
Operating Profit-6,813-138,269
Interest Payable00
Interest Receivable1,87765
Pre-Tax Profit-4,936-138,204
Tax00
Profit After Tax-4,936-138,204
Dividends Paid00
Retained Profit-4,936-138,204
Employee Costs80,60634,511
Number Of Employees21
EBITDA*-6,713-138,269

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022
Tangible Assets5690
Intangible Assets71,46224,888
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets72,03124,888
Stock & work in progress00
Trade Debtors4,7940
Group Debtors00
Misc Debtors43,71013,471
Cash70,91717,428
misc current assets00
total current assets119,42130,899
total assets191,45255,787
Bank overdraft00
Bank loan00
Trade Creditors 287960
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities334,205192,931
total current liabilities334,492193,891
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions00
total long term liabilities00
total liabilities334,492193,891
net assets-143,040-138,104
total shareholders funds-143,040-138,104
Mar 2023Mar 2022
Operating Activities
Operating Profit-6,813-138,269
Depreciation1000
Amortisation00
Tax00
Stock00
Debtors35,03313,471
Creditors-673960
Accruals and Deferred Income141,274192,931
Deferred Taxes & Provisions00
Cash flow from operations98,85542,151
Investing Activities
capital expenditure-47,243-24,888
Change in Investments00
cash flow from investments-47,243-24,888
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue0100
interest1,87765
cash flow from financing1,877165
cash and cash equivalents
cash53,48917,428
overdraft00
change in cash53,48917,428

the travel philosophy 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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The Travel Philosophy Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

dia anastasi 26%
harry hajipapas 26%
debra hajipapas 24%
tassos anastasi 24%

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).

officercountryagestartendrole
Mr Harry HajipapasUnited Kingdom66 years Oct 2020- Director
Mr Tassos AnastasiUnited Kingdom69 years Oct 2020- Director
Mr Christos HajipapasUnited Kingdom39 years Oct 2020- Director
Mr Costas AnastasiEngland38 years Oct 2020- Director

P&L

March 2023

turnover

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 2023

net 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

None

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.

charges

the travel philosophy ltd Companies House Filings - See Documents

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