EXPAT EXPLORE TRAVEL LTDActive
Key figures
EXPAT EXPLORE TRAVEL LTD does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.
Ratios
2024Balance sheet structure
Dividends
from the accountsDividends paid in the financial year: £700,000 (153% of the profit for the year).
Filed accounts2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Turnover | 1,826,453 | — | — | 31,285,445 | — |
| Profit for the year | -1,254,051 | — | — | 2,033,417 | 458,035 |
| Cash at bank and in hand | 1,966,162 | 1,007,333 | 3,189,894 | 3,060,863 | 2,741,228 |
| Total assets | 2,848,250 | 1,608,640 | 6,269,750 | 7,323,900 | 7,825,936 |
| Total liabilities | 2,213,168 | 1,573,792 | 5,079,315 | 4,639,695 | 5,326,813 |
| Net assets / total equity | 635,082 | 34,848 | 1,250,788 | 2,684,205 | 2,442,240 |
| Average number of employees | 19 | 10 | 10 | 20 | 28 |
| Average pay (per year) | 30,532 | — | — | 93,222 | — |
| Dividends paid | — | — | — | — | 700,000 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2024The directors present their strategic report for the period ended 31 December 2023 below. Business Review The 2023 financial year was an exceptional year for the company. We continued to see good growth over the year, and managed to achieve an increase in sales of 163% in comparison to the previous year. Direct costs and staff costs increased considerably to meet the demand. This resulted in a lower gross profit margin as described below. The business has largely recovered from the impact of Covid-19, and there was little to no impact on the business in the current year. Key Performance Indicators The following Key Performance Indicators show how the company is managing to maintain strong performance levels: Gross profit margin 24.62% (2022: 37.01%) The gross profit margin has reduced in comparison to the prior year. This was as a results of cost increasing by a greater percentage than sales. The margin is still considered to be at a great level. Current ratio 1.53 (2022: 1.28) Current ratio has increased due to the strong performance of the business and shows that the company is more than able to meet its liabilities. Principal Risks and Uncertainties The uncertainty around Brexit and what that means for free movement between the UK and Europe and the impact on exchange rates remains a risk for the company. The latter risk will be mitigated, to a certain extent, by the use of financial instruments to hedge the risk to the company. The business has largely recovered from the
As described in the company's latest filed accounts.
Summary: EXPAT EXPLORE TRAVEL LTD
Company
EXPAT EXPLORE TRAVEL LTD is a private limited company registered with Companies House under company number 07728519. It was incorporated on 3 Aug 2011. Its status is active. The registered office is in London (SE10). Its nature of business (SIC 2007) is travel agency activities (79110).
Accounts
The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files group accounts. Profit for the year was £458,035. Net assets were £2,442,240, down 9% on the previous year. Cash at bank and in hand was £2,741,228. Total assets were £7,825,936 and total liabilities £5,326,813. The company had an average of 28 employees. Figures are available for 5 financial years (2020–2024).
Control and charges
2 persons with significant control are registered. 1 of 1 registered charges are outstanding.
Filing deadlines
The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 17 Aug 2027.