PGL TRAVEL LIMITED
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Cash
£9.8M
+379.9% highest in 3 filed years
Net assets
-£14M
-896% lowest in 3 filed years
Employees
1,922
+0.3% vs 2024
Profit before tax
-£17M
+7.9% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 | 2025-08-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £81,966,000 | £89,446,000 | £89,534,000 | +0.1% | |
| Operating profit | -£22,795,000 | -£11,518,000 | -£9,583,000 | +16.8% | |
| Profit before tax | -£28,835,000 | -£18,086,000 | -£16,655,000 | +7.9% | |
| Net profit | -£23,451,000 | -£16,407,000 | -£15,931,000 | +2.9% | |
| Cash | £2,231,000 | £2,034,000 | £9,762,000 | +379.9% | |
| Total assets less current liabilities | £183,259,000 | £165,136,000 | £147,774,000 | -10.5% | |
| Net assets | £18,503,000 | £1,774,000 | -£14,121,000 | -896% | |
| Equity | £18,503,000 | £1,774,000 | -£14,121,000 | -896% | |
| Average employees | 1,969 | 1,917 | 1,922 | +0.3% | |
| Wages | £41,460,000 | £44,361,000 | £45,420,000 | +2.4% | |
| Directors' remuneration | — | — | — | — |
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 | 2023-08-31 | 2024-08-31 | 2025-08-31 |
|---|---|---|---|---|
| Operating margin | -27.8% | -12.9% | -10.7% | |
| Net margin | -28.6% | -18.3% | -17.8% | |
| Return on capital employed | -12.4% | -7.0% | -6.5% | |
| Gearing (liabilities / total assets) | 94.1% | 99.4% | 104.5% | |
| Current ratio | 0.13x | 0.11x | 0.15x | |
| Interest cover | -3.72x | -1.73x | -1.33x |
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
- PGL TRAVEL LIMITED 1994-02-08 → present
- P.G.L. YOUNG ADVENTURE LIMITED 1974-11-25 → 1994-02-08
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- PGL TRAVEL LIMITED · parent
- PGL Adventure Ltd. 100%
- HB PGL Holding Limited 100%
- PGL Travel Group PTY Ltd 100%
- PGL Travel PTY Ltd 100%
- PGL Property PTY Ltd 100%
- PGL Adventure Camps PTY Ltd 100%
- PGL Camps PTY Ltd 100%
Significant events
- “PGL Adventure Camps PTY Ltd and other entities were classified as a disposal group held for sale at 31 Aug 2024. A share sale agreement was entered on 29 Sep 2025 for AUD 17M. Disposal completed on 07 Nov 2025. This is a non-adjusting event for 31 Aug 2025 accounts.”
- “On 17 Jan 2025, the Group acquired three operating centres from Kingswood Learning and Leisure Group Ltd. These were initially acquired by Aldgate Education Midco3 Ltd, then transferred to PGL Travel Ltd within the group on 01 Jan 2026.”
- “On 28 Nov 2025, Aldgate Education Midco4 Ltd assigned leases for Dearne Valley, Grosvenor Hall and Overstrand Hall to PGL Travel Ltd, which now holds a licence to occupy.”
- “On 13 Oct 2025, the Group acquired leasehold property 'Green Park' from Kingswood Learning and Leisure Group Ltd. Associated lease liability was £972k with a 21-year remaining term.”
- “Outstanding CLBILS facility of £9.26M (plus £109k interest) at year-end. Subsequent repayments of £7M on 07 Nov 2025 and £2.26M on 14 Jan 2026 fully repaid the facility.”
- “Group received confirmation of withdrawal of other claims (£3.5M exposure) and historic claims passing statute of limitations. Previously disclosed contingent liability of £1.9M superseded. Remaining potential liability estimated at max £200k, most likely £100k (80% by NST, 20% by PGL).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 40 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRAFF, Nicole Sarah | Director | 2025-01-28 | Jul 1989 | British |
| JONES, Anthony Gerald | Director | 2020-03-26 | Aug 1973 | British |
| PARKIN, Sharon, Ms. | Director | 2017-07-07 | Jan 1968 | British |
Show 40 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHURCHUS, Peter John | Secretary | — | 1995-10-25 |
| CULLEN, Dominique | Secretary | 2015-02-20 | 2016-08-01 |
| LAWRENCE, Peter Gordon | Secretary | 1995-10-25 | 2003-07-05 |
| MAY, Timothy William | Secretary | 2014-10-30 | 2015-02-20 |
| WILLIAMSON, Alexandra Dilys | Secretary | 2007-06-11 | 2014-10-30 |
| WOOLF, Linda Mary | Secretary | 2003-07-05 | 2007-06-11 |
| BADDELEY, Robert Gregory | Director | 2007-06-11 | 2010-12-31 |
| BALI, Navneet | Director | 2012-05-17 | 2019-01-14 |
| BALLANTYNE, Floyd Kim | Director | 1995-04-10 | 2000-05-12 |
| BRACEY, Andrew James Mark Lewis | Director | 2019-01-14 | 2021-11-30 |
| BRIERLY, John Richard | Director | — | 1992-12-05 |
| BRIGHT, Neil Irvine | Director | 2011-01-01 | 2012-07-06 |
| CHURCHUS, Peter John | Director | 2003-07-05 | 2020-09-01 |
| CHURCHUS, Peter John | Director | — | 1995-10-25 |
| CLARK, Andrew James | Director | 2022-09-20 | 2025-01-28 |
| CLEGG, Aiden Charles Barwick | Director | 2019-01-14 | 2021-11-30 |
| CREIGHTON, Luke Taylor | Director | 2021-02-11 | 2022-07-01 |
| CURRIE, Neil Allen | Director | 2019-01-14 | 2021-11-30 |
| DAVIES, Martin William Oliver | Director | 2004-05-24 | 2012-09-20 |
| FIRTH, John Gordon | Director | 1997-04-23 | 2020-04-27 |
| FRASER, Hugh Gordon | Director | 2001-12-03 | 2003-09-05 |
| FRYER, Louise | Director | 2001-04-06 | 2004-04-06 |
| FRYER, Michael John | Director | 2002-01-05 | 2005-08-19 |
| GOENKA, Abhishek | Director | 2014-10-30 | 2019-01-14 |
| HAYWARD, Carl Robert | Director | 2020-07-01 | 2021-02-11 |
| HINTON, Elizabeth Gillian | Director | — | 1996-04-12 |
| HUDSON, Martin Andrew | Director | — | 2012-01-31 |
| LAWRENCE, Peter Gordon | Director | — | 2004-08-13 |
| MAY, Timothy William | Director | 2009-10-01 | 2019-01-14 |
| MICHEL, Carl Heinrich | Director | 2007-06-11 | 2009-09-30 |
| OFFICER, Ian Campbell | Director | 1997-04-23 | 2012-03-30 |
| ORMISTON, Andrew David | Director | 2001-05-05 | 2003-10-03 |
| PARRY, David Kim | Director | 1997-04-23 | 2003-07-05 |
| SADLER, Anthony Graham | Director | 2010-08-16 | 2020-07-31 |
| SANDERS, Richard | Director | 2012-10-02 | 2021-01-15 |
| SLADEN, Perry | Director | 2015-10-06 | 2021-01-15 |
| THORPE, James Michael | Director | 1993-08-13 | 1996-11-30 |
| WALKER, Patricia Mary | Director | 2012-10-02 | 2017-07-07 |
| WOOD, Peter Andrew | Director | 1992-01-21 | 1993-03-05 |
| WOOLF, Linda Mary | Director | 1995-03-22 | 2011-02-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| P.G.L.Voyages Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-20 | Active |
Filing timeline
Last 20 of 348 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-18 | AA | accounts | Accounts with accounts type full | |
| 2025-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-29 | AA | accounts | Accounts with accounts type full | |
| 2025-02-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-18 | AA | accounts | Accounts with accounts type full | |
| 2023-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-20 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-05-20 | AA | accounts | Accounts with accounts type full | |
| 2022-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-06 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-23 | AA | accounts | Accounts with accounts type full | |
| 2021-11-30 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.