barrhead travel 2007 limited
barrhead travel 2007 limited Company Information
Company Number
SC332161
Registered Address
libertas house, 5th floor, 39 st. vincent place, glasgow, G1 2ER
Industry
Travel agency activities
Telephone
08712262116
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
global travel collection llc 100%
barrhead travel 2007 limited Estimated Valuation
Pomanda estimates the enterprise value of BARRHEAD TRAVEL 2007 LIMITED at £97.1m based on a Turnover of £56.9m and 1.71x industry multiple (adjusted for size and gross margin).
barrhead travel 2007 limited Estimated Valuation
Pomanda estimates the enterprise value of BARRHEAD TRAVEL 2007 LIMITED at £0 based on an EBITDA of £-863.8k and a 11.71x industry multiple (adjusted for size and gross margin).
barrhead travel 2007 limited Estimated Valuation
Pomanda estimates the enterprise value of BARRHEAD TRAVEL 2007 LIMITED at £0 based on Net Assets of £-11.3m and 2.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Barrhead Travel 2007 Limited Overview
Barrhead Travel 2007 Limited is a live company located in glasgow, G1 2ER with a Companies House number of SC332161. It operates in the travel agency activities sector, SIC Code 79110. Founded in October 2007, it's largest shareholder is global travel collection llc with a 100% stake. Barrhead Travel 2007 Limited is a established, large sized company, Pomanda has estimated its turnover at £56.9m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Barrhead Travel 2007 Limited Health Check
Pomanda's financial health check has awarded Barrhead Travel 2007 Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £56.9m, make it larger than the average company (£7.3m)
£56.9m - Barrhead Travel 2007 Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a similar rate (-14.2%)
-14% - Barrhead Travel 2007 Limited
-14.2% - Industry AVG
Production
with a gross margin of 48.2%, this company has a lower cost of product (25.9%)
48.2% - Barrhead Travel 2007 Limited
25.9% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (1%)
-3.8% - Barrhead Travel 2007 Limited
1% - Industry AVG
Employees
with 499 employees, this is above the industry average (37)
499 - Barrhead Travel 2007 Limited
37 - Industry AVG
Pay Structure
on an average salary of £27.9k, the company has a lower pay structure (£39.1k)
£27.9k - Barrhead Travel 2007 Limited
£39.1k - Industry AVG
Efficiency
resulting in sales per employee of £114k, this is less efficient (£155.1k)
£114k - Barrhead Travel 2007 Limited
£155.1k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (44 days)
10 days - Barrhead Travel 2007 Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (73 days)
106 days - Barrhead Travel 2007 Limited
73 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Barrhead Travel 2007 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (17 weeks)
25 weeks - Barrhead Travel 2007 Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 134.5%, this is a higher level of debt than the average (84.2%)
134.5% - Barrhead Travel 2007 Limited
84.2% - Industry AVG
BARRHEAD TRAVEL 2007 LIMITED financials
Barrhead Travel 2007 Limited's latest turnover from December 2022 is £56.9 million and the company has net assets of -£11.3 million. According to their latest financial statements, Barrhead Travel 2007 Limited has 499 employees and maintains cash reserves of £18.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 56,868,716 | 7,245,586 | 15,022,770 | 89,809,425 | 90,580,953 | 90,802,332 | 124,796,957 | 115,072,565 | 104,270,810 | 82,775,721 | 54,470,040 | 42,192,275 | 31,728,991 | 22,204,696 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 29,468,624 | 1,673,432 | 6,632,993 | 54,766,740 | 55,611,570 | 57,324,788 | 93,110,055 | 85,040,872 | 76,885,185 | 59,931,737 | 36,238,194 | 27,052,578 | 19,549,994 | 12,240,032 |
| Gross Profit | 27,400,092 | 5,572,154 | 8,389,777 | 35,042,685 | 34,969,383 | 33,477,544 | 31,686,902 | 30,031,693 | 27,385,625 | 22,843,984 | 18,231,846 | 15,139,697 | 12,178,997 | 9,964,664 |
| Admin Expenses | 29,587,361 | 15,110,205 | 20,018,768 | 36,665,302 | 34,498,661 | 31,620,729 | 28,973,635 | 26,997,390 | 25,623,033 | 21,835,439 | 16,746,209 | 13,440,098 | 11,232,608 | 8,921,167 |
| Operating Profit | -2,187,269 | -9,538,051 | -11,628,991 | -1,622,617 | 470,722 | 1,856,815 | 2,713,267 | 3,034,303 | 1,762,592 | 1,008,545 | 1,485,637 | 1,699,599 | 946,389 | 1,043,497 |
| Interest Payable | 5 | 3,238 | 3,377 | 952 | 877 | 15,526 | 84,926 | 26,020 | 12,283 | 2,375 | 5,187 | 12,454 | 18,448 | 32,809 |
| Interest Receivable | 63,095 | 2,761 | 82,041 | 133,802 | 139,051 | 105,122 | 159,140 | 145,204 | 78,541 | 62,086 | 137,980 | 86,741 | 46,652 | 659,931 |
| Pre-Tax Profit | -2,124,179 | -9,538,528 | -11,550,327 | -1,489,767 | 608,896 | 1,946,411 | 2,787,481 | 3,153,487 | 1,828,850 | 1,068,256 | 1,618,430 | 1,773,886 | 974,593 | 1,076,289 |
| Tax | 775,544 | 1,146,085 | -73,518 | 120,598 | -180,094 | -68,132 | -599,501 | -730,853 | -417,342 | -253,682 | -443,662 | -513,413 | -286,319 | -336,319 |
| Profit After Tax | -1,348,635 | -8,392,443 | -11,623,845 | -1,369,169 | 428,802 | 1,878,279 | 2,187,980 | 2,422,634 | 1,411,508 | 814,574 | 1,174,768 | 1,260,473 | 688,274 | 739,970 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 2,700,418 | 0 | 150,000 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,348,635 | -8,392,443 | -11,623,845 | -1,369,169 | 428,802 | 1,878,279 | -512,438 | 2,422,634 | 1,261,508 | 814,574 | 1,174,768 | 1,260,473 | 688,274 | 739,970 |
| Employee Costs | 13,904,763 | 11,846,537 | 15,118,531 | 17,235,913 | 17,459,590 | 16,081,825 | 15,486,679 | 14,127,273 | 13,776,229 | 12,155,735 | 9,079,517 | 7,980,659 | 7,481,607 | 5,773,882 |
| Number Of Employees | 499 | 428 | 711 | 768 | 819 | 819 | 785 | 745 | 741 | 664 | 533 | 441 | 399 | 328 |
| EBITDA* | -863,807 | -8,665,649 | -10,748,287 | -865,962 | 1,185,235 | 2,650,790 | 3,320,028 | 3,647,146 | 2,266,695 | 1,227,185 | 1,812,190 | 1,971,353 | 1,178,740 | 1,252,411 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,471,209 | 3,392,986 | 4,012,541 | 3,846,610 | 3,193,924 | 2,924,101 | 3,054,742 | 3,291,453 | 3,000,135 | 2,771,637 | 2,336,032 | 2,014,089 | 1,402,191 | 841,297 |
| Intangible Assets | 1,104,758 | 1,267,609 | 1,513,117 | 1,758,624 | 2,004,134 | 2,252,142 | 2,322,552 | 2,118,491 | 2,263,310 | 2,408,129 | 2,370,990 | 1,459,625 | 1,545,485 | 1,631,345 |
| Investments & Other | 103 | 103 | 103 | 129 | 129 | 129 | 129 | 129 | 3,163 | 3,163 | 3,134 | 3,134 | 3,032 | 3,007 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,576,070 | 4,660,698 | 5,525,761 | 5,605,363 | 5,198,187 | 5,176,372 | 5,377,423 | 5,410,073 | 5,266,608 | 5,182,929 | 4,710,156 | 3,476,848 | 2,950,708 | 2,475,649 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,678,634 | 560,084 | 1,949,881 | 2,006,672 | 3,614,618 | 2,301,946 | 2,157,643 | 1,803,315 | 3,427,911 | 2,831,833 | 1,830,370 | 1,904,382 | 1,316,713 | 605,732 |
| Group Debtors | 40,310 | 0 | 3,133 | 3,133 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,049,932 | 6,638,777 | 6,164,354 | 16,150,328 | 12,205,398 | 10,635,442 | 5,766,632 | 2,751,082 | 4,084,049 | 3,103,088 | 3,118,407 | 1,721,684 | 1,069,893 | 972,626 |
| Cash | 18,452,831 | 12,536,711 | 11,448,444 | 22,144,479 | 21,125,288 | 20,681,313 | 18,493,585 | 17,735,336 | 11,133,956 | 7,266,776 | 5,004,057 | 4,885,779 | 4,694,025 | 4,261,204 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 29,221,707 | 19,735,572 | 19,565,812 | 40,304,612 | 36,945,304 | 33,618,701 | 26,417,860 | 22,289,733 | 18,645,916 | 13,201,697 | 9,952,834 | 8,511,845 | 7,080,631 | 5,839,562 |
| total assets | 32,797,777 | 24,396,270 | 25,091,573 | 45,909,975 | 42,143,491 | 38,795,073 | 31,795,283 | 27,699,806 | 23,912,524 | 18,384,626 | 14,662,990 | 11,988,693 | 10,031,339 | 8,315,211 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 366,667 | 400,000 | 400,000 |
| Trade Creditors | 8,621,695 | 7,028,387 | 5,495,950 | 9,036,809 | 7,338,883 | 6,859,349 | 6,246,888 | 5,141,087 | 7,553,358 | 11,481,670 | 8,117,711 | 6,433,652 | 5,513,050 | 4,326,786 |
| Group/Directors Accounts | 1,439,630 | 4,957,966 | 1,042,786 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 50,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 27,986,443 | 22,366,273 | 22,616,750 | 29,313,234 | 25,842,418 | 23,438,558 | 16,680,781 | 13,130,987 | 9,419,377 | 1,103,498 | 1,113,848 | 1,033,036 | 890,360 | 661,385 |
| total current liabilities | 38,047,768 | 34,352,626 | 29,155,486 | 38,350,043 | 33,181,301 | 30,297,907 | 22,927,669 | 18,272,074 | 16,972,735 | 12,585,168 | 9,281,559 | 7,883,355 | 6,803,410 | 5,388,171 |
| loans | 6,055,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 362,059 | 405,601 | 900,000 | 1,300,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 129,375 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 33,089 | 0 | 272,933 | 320,613 | 255,304 | 185,968 | 91,081 | 75,589 | 67,770 | 55,155 |
| total long term liabilities | 6,055,000 | 0 | 0 | 0 | 33,089 | 0 | 272,933 | 320,613 | 255,304 | 185,968 | 582,515 | 481,190 | 967,770 | 1,355,155 |
| total liabilities | 44,102,768 | 34,352,626 | 29,155,486 | 38,350,043 | 33,214,390 | 30,297,907 | 23,200,602 | 18,592,687 | 17,228,039 | 12,771,136 | 9,864,074 | 8,364,545 | 7,771,180 | 6,743,326 |
| net assets | -11,304,991 | -9,956,356 | -4,063,913 | 7,559,932 | 8,929,101 | 8,497,166 | 8,594,681 | 9,107,119 | 6,684,485 | 5,613,490 | 4,798,916 | 3,624,148 | 2,260,159 | 1,571,885 |
| total shareholders funds | -11,304,991 | -9,956,356 | -4,063,913 | 7,559,932 | 8,929,101 | 8,497,166 | 8,594,681 | 9,107,119 | 6,684,485 | 5,613,490 | 4,798,916 | 3,624,148 | 2,260,159 | 1,571,885 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -2,187,269 | -9,538,051 | -11,628,991 | -1,622,617 | 470,722 | 1,856,815 | 2,713,267 | 3,034,303 | 1,762,592 | 1,008,545 | 1,485,637 | 1,699,599 | 946,389 | 1,043,497 |
| Depreciation | 1,160,611 | 626,894 | 635,197 | 511,145 | 469,005 | 566,498 | 461,942 | 468,024 | 359,284 | 73,821 | 240,693 | 185,894 | 146,491 | 123,054 |
| Amortisation | 162,851 | 245,508 | 245,507 | 245,510 | 245,508 | 227,477 | 144,819 | 144,819 | 144,819 | 144,819 | 85,860 | 85,860 | 85,860 | 85,860 |
| Tax | 775,544 | 1,146,085 | -73,518 | 120,598 | -180,094 | -68,132 | -599,501 | -730,853 | -417,342 | -253,682 | -443,662 | -513,413 | -286,319 | -336,319 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,570,015 | -918,507 | -10,042,765 | 2,340,117 | 2,882,628 | 5,013,113 | 3,369,878 | -2,957,563 | 1,577,039 | 986,144 | 1,322,711 | 1,239,460 | 808,248 | 1,578,358 |
| Creditors | 1,593,308 | 1,532,437 | -3,540,859 | 1,697,926 | 479,534 | 612,461 | 1,105,801 | -2,412,271 | -3,928,312 | 3,363,959 | 1,684,059 | 920,602 | 1,186,264 | 4,326,786 |
| Accruals and Deferred Income | 5,620,170 | -250,477 | -6,696,484 | 3,470,816 | 2,403,860 | 6,757,777 | 3,549,794 | 3,711,610 | 8,315,879 | -10,350 | 80,812 | 142,676 | 228,975 | 661,385 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -33,089 | 33,089 | -272,933 | -47,680 | 65,309 | 69,336 | 94,887 | 15,492 | 7,819 | 12,615 | 55,155 |
| Cash flow from operations | 3,555,200 | -5,319,097 | -11,016,383 | 2,050,172 | 1,038,996 | 4,666,850 | 3,958,564 | 7,238,504 | 4,729,217 | 3,435,855 | 1,826,180 | 1,289,577 | 1,512,027 | 4,381,060 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -731,492 | -592,924 | -581,452 | -757,169 | -531,795 | -715,764 | -443,750 | -694,528 | -707,410 | -179,641 |
| Change in Investments | 0 | 0 | -26 | 0 | 0 | 0 | 0 | -3,034 | 0 | 29 | 0 | 102 | 25 | 3,007 |
| cash flow from investments | 0 | 0 | 26 | 0 | -731,492 | -592,924 | -581,452 | -754,135 | -531,795 | -715,793 | -443,750 | -694,630 | -707,435 | -182,648 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -366,667 | -33,333 | 0 | 400,000 |
| Group/Directors Accounts | -3,518,336 | 3,915,180 | 1,042,786 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50,000 | 0 | 50,000 | 0 | 0 |
| Long term loans | 6,055,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -362,059 | -43,542 | -494,399 | -400,000 | 1,300,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -129,375 | 129,375 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 63,090 | -477 | 78,664 | 132,850 | 138,174 | 89,596 | 74,214 | 119,184 | 66,258 | 59,711 | 132,793 | 74,287 | 28,204 | 627,122 |
| cash flow from financing | 2,599,754 | 6,414,703 | 1,121,450 | 132,850 | 141,307 | -1,886,198 | 74,214 | 119,184 | -124,255 | -481,723 | -148,041 | -299,929 | -371,796 | 3,159,037 |
| cash and cash equivalents | ||||||||||||||
| cash | 5,916,120 | 1,088,267 | -10,696,035 | 1,019,191 | 443,975 | 2,187,728 | 758,249 | 6,601,380 | 3,867,180 | 2,262,719 | 118,278 | 191,754 | 432,821 | 4,261,204 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,916,120 | 1,088,267 | -10,696,035 | 1,019,191 | 443,975 | 2,187,728 | 758,249 | 6,601,380 | 3,867,180 | 2,262,719 | 118,278 | 191,754 | 432,821 | 4,261,204 |
barrhead travel 2007 limited Credit Report and Business Information
Barrhead Travel 2007 Limited Competitor Analysis
Perform a competitor analysis for barrhead travel 2007 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
barrhead travel 2007 limited Ownership
BARRHEAD TRAVEL 2007 LIMITED group structure
Barrhead Travel 2007 Limited has 3 subsidiary companies.
Ultimate parent company
INTERNOVA HOLDINGS LLC
#0129126
PROTRAVEL INTERNATIONAL LLC
#0064088
2 parents
BARRHEAD TRAVEL 2007 LIMITED
SC332161
3 subsidiaries
barrhead travel 2007 limited directors
Barrhead Travel 2007 Limited currently has 5 directors. The longest serving directors include Ms Jacqueline Dobson (Dec 2018) and Mr Stuart Taylor (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Jacqueline Dobson | Scotland | 50 years | Dec 2018 | - | Director |
| Mr Stuart Taylor | United Kingdom | 53 years | Dec 2018 | - | Director |
| Mr John O'Hara | United Kingdom | 49 years | Dec 2018 | - | Director |
| Mr Gabriel Rizzi | United Kingdom | 59 years | Apr 2021 | - | Director |
| Ms Helena Daras | United Kingdom | 45 years | Apr 2021 | - | Director |
P&L
December 2022turnover
56.9m
+685%
operating profit
-2.2m
-77%
gross margin
48.2%
-37.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-11.3m
+0.14%
total assets
32.8m
+0.34%
cash
18.5m
+0.47%
net assets
Total assets minus all liabilities
Similar Companies
barrhead travel 2007 limited company details
company number
SC332161
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
October 2007
age
17
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
libertas house, 5th floor, 39 st. vincent place, glasgow, G1 2ER
last accounts submitted
December 2022
barrhead travel 2007 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 barrhead travel 2007 limited. Currently there are 0 open charges and 2 have been satisfied in the past.
barrhead travel 2007 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
