SITEX INTERNATIONAL LIMITED
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Cash
£171k
-93.9% lowest in 3 filed years
Net assets
£4.7m
-13.9% lowest in 3 filed years
Employees
19
-24% lowest in 3 filed years
Profit before tax
-£777k
+60.9% vs 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-10-31
| Metric | Trend | 2023-10-31 | 2024-10-31 | 2025-10-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £29,097,778 | £25,910,856 | £6,551,491 | -74.7% | |
| Operating profit | £118,541 | -£2,084,636 | -£799,269 | +61.7% | |
| Profit before tax | £168,646 | -£1,985,115 | -£777,144 | +60.9% | |
| Net profit | £130,748 | -£1,986,250 | -£744,681 | +62.5% | |
| Cash | £2,649,304 | £2,787,184 | £171,336 | -93.9% | |
| Total assets less current liabilities | £9,427,768 | £9,519,721 | £9,645,165 | +1.3% | |
| Net assets | £7,630,053 | £5,504,328 | £4,740,342 | -13.9% | |
| Equity | £7,630,053 | £5,504,328 | £4,740,342 | -13.9% | |
| Average employees | 24 | 25 | 19 | -24% | |
| Wages | £953,098 | £942,419 | £752,977 | -20.1% | |
| Directors' remuneration | £89,306 | £90,025 | £66,553 | -26.1% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-10-31 | 2024-10-31 | 2025-10-31 |
|---|---|---|---|---|
| Operating margin | 0.4% | -8.0% | -12.2% | |
| Net margin | 0.4% | -7.7% | -11.4% | |
| Return on capital employed | 1.3% | -21.9% | -8.3% | |
| Gearing (liabilities / total assets) | 41.4% | 57.7% | 51.4% | |
| Current ratio | 0.94x | 0.99x | 1.97x | |
| Interest cover | 31.17x | — | -29.24x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- SITEX INTERNATIONAL LIMITED 2026-04-27 → present
- BALKAN HOLIDAYS LIMITED 1966-09-01 → 2026-04-27
Audit & accounting basis
- Accounting basis
- FRS 102
- Auditor
- White Hart Associates (London) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board of Directors made the decision to cease trading as a tour operator on 24 April 2025. Despite the trading losses incurred in this period and in the prior years, the Company remained solvent and with surplus net assets. Subsequently, the director in conjunction with the principal shareholder, have taken the decision to r”
Significant events
- “The Company changed its name by special resolution from Balkan Holidays Limited to Sitex International Limited on 22 April 2026.”
- “On 24 April 2025, the Directors resolved to cease trading as the Company's operations had become loss-making and were no longer considered viable due to adverse market conditions. All customers with forward bookings were fully refunded and the Company requested that the Civil Aviation Authority revoke the ATOL licence.”
- “The loan shown above was a Facility Loan from First Investment Bank AD. The total facility available was ",700,000 but the outstanding balance was repaid in full during the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STOYANOV, Alexander | Secretary | 2007-09-01 | — | Bulgarian |
| STOYANOV, Alexander | Director | 1999-08-31 | Mar 1967 | Bulgarian |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DJONEVA, Yana Ludmilova | Secretary | 2000-05-18 | 2007-09-01 |
| GROUPCHEV, Vladimir | Secretary | 1996-11-01 | 1997-04-08 |
| GROWER, Alexis | Secretary | — | 2000-02-09 |
| ALEXANDER, Spassov | Director | — | 1991-06-01 |
| ANTONOV, Nikola Hristov | Director | 1996-02-28 | 1999-09-29 |
| ATANASOV, Petre Hristov | Director | 1998-07-29 | 1999-06-01 |
| AVGARSHI, Orgian | Director | — | 1993-09-30 |
| DELTCHEV, Andrey Mitkov | Director | 1994-01-21 | 1997-06-26 |
| DILLON, Gerard Thomas | Director | 1993-05-08 | 1996-07-03 |
| DIMITROV, Vehtizislav Gueorguiev | Director | 1994-01-21 | 1995-06-01 |
| DJONEVA, Yana Ludmilova | Director | 1999-08-31 | 2007-09-01 |
| DRAGANOV, Roumen, Director | Director | 1991-06-01 | 1994-11-21 |
| DRAGOSTINOV, Stefan | Director | 1994-06-01 | 1996-07-17 |
| GUEORGIEV, Anatoli | Director | 1997-06-26 | 1999-06-01 |
| IAHEVA, Anelia Nenkova | Director | 1994-02-21 | 1999-06-01 |
| ILIEV, Plamen | Director | 1998-09-17 | 1999-06-01 |
| KOSSEV, Stefan Assenov | Director | 1999-06-01 | 2000-03-20 |
| MACURA, Miodrag | Director | 2000-08-02 | 2020-02-15 |
| MADJAROVA, Margarita | Director | 1991-06-01 | 1995-06-01 |
| MIKHAIL, Dimov | Director | — | 1993-04-28 |
| MILAHOV, Branimar | Director | 1991-06-01 | 1993-10-31 |
| MINEV, Tzeko | Director | 2000-12-22 | 2007-12-14 |
| MINEVA, Radka Vesselinova | Director | 2011-01-01 | 2025-04-16 |
| MOUTAFTCHIEV, Georgi Dimitrov | Director | 2011-01-01 | 2021-09-02 |
| MOUTAFTCHIEV, Ivaylo | Director | 2000-12-22 | 2007-12-14 |
| RANGUELOV, Vladimir | Director | 1997-06-26 | 1998-07-29 |
| ROUSSEVA, Diliana | Director | 1999-06-01 | 1999-08-31 |
| SAHANDJIEV, Filip | Director | 1997-06-26 | 1998-09-17 |
| STAEVSKI, Nayoch | Director | 1991-06-01 | 1993-02-28 |
| STRASKILOVA, M | Director | — | 1992-06-01 |
| TODOROVA, Antoahsta | Director | — | 1991-06-01 |
| VOLYA, Roussev | Director | — | 1994-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Alexander Stoyanov | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 186 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-27 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-14 | AA | accounts | Accounts with accounts type full | |
| 2026-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-27 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-04-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-22 | CH01 | officers | Change person director company with change date | |
| 2026-04-22 | CH03 | officers | Change person secretary company with change date | |
| 2025-07-01 | AA | accounts | Accounts with accounts type full | |
| 2025-06-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-30 | AA | accounts | Accounts with accounts type group | |
| 2024-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-18 | AA | accounts | Accounts with accounts type group | |
| 2023-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-20 | AA | accounts | Accounts with accounts type group | |
| 2022-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2021-06-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-25 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.