TRAVEL REPUBLIC LTD
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Cash
£4.5M
+377.2% vs 2024
Net assets
-£8.4M
-74.8% vs 2024
Employees
75
-5.1% vs 2024
Profit before tax
-£4.8M
-12.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £141,151,000 | £128,474,000 | -9% | |
| Operating profit | -£4,993,000 | -£5,570,000 | -11.6% | |
| Profit before tax | -£4,277,000 | -£4,828,000 | -12.9% | |
| Net profit | -£4,053,000 | -£3,613,000 | +10.9% | |
| Cash | £952,000 | £4,543,000 | +377.2% | |
| Total assets less current liabilities | -£3,213,000 | -£7,455,000 | -132% | |
| Net assets | -£4,832,000 | -£8,445,000 | -74.8% | |
| Equity | -£4,832,000 | -£8,445,000 | -74.8% | |
| Average employees | 79 | 75 | -5.1% | |
| Wages | £2,821,000 | £1,863,000 | -34% | |
| 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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -3.5% | -4.3% | |
| Net margin | -2.9% | -2.8% | |
| Current ratio | 0.90x | 0.87x | |
| Interest cover | -26.01x | -32.01x |
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
- TRAVEL REPUBLIC LTD 2005-02-24 → present
- EDGE SOFTWARE SYSTEMS LIMITED 2003-08-01 → 2005-02-24
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company meets its day-to-day working capital requirements through its cash reserves, intercompany borrowings and a revolving credit facility. A letter of support has been obtained from dnata, intermediate parent company, who have confirmed they will continue to support the Company and provide any further intercompany financing, if required, for a period of at least 12 months from the date of approval of the financial statements. After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least 12 months from the date of approving these financial statements. The Company therefore, continues to adopt the going concern basis in preparing its financial statements.”
Significant events
- “On August 22nd 2024, the Company undertook a capital reduction exercise by means of the solvency statement procedure under section 642 of the Companies Act 2006, converting £64,977,622 of share premium to retained profit and in so doing, improved the Company's distributable reserves position. Following this exercise, the Company's share premium was reduced to nil.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEVAN, John Constantine | Director | 2018-07-04 | Dec 1965 | British |
| BROMLEY, Meeta Chhaganlal | Director | 2023-01-31 | May 1967 | British |
| ROLLO, Lesley Anne | Director | 2024-02-13 | Aug 1973 | British |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FURNER, Paul | Secretary | 2003-08-05 | 2010-09-03 |
| SIMMONDS, Ian David | Secretary | 2011-06-23 | 2011-12-28 |
| PF & S (SECRETARIES) LIMITED | Corporate Secretary | 2003-08-01 | 2003-08-05 |
| AL HASHIMI, Mohammad | Director | 2012-05-15 | 2013-11-18 |
| ALLEN, Stephen John | Director | 2020-04-08 | 2021-10-05 |
| ANDREW, Iain Charles Richard | Director | 2011-12-28 | 2020-03-30 |
| CHINERY, Neale Ronald | Director | 2014-08-14 | 2016-01-29 |
| FURNER, Paul | Director | 2003-08-05 | 2014-05-29 |
| FURNER, Peter Stanley | Director | 2005-04-01 | 2007-08-01 |
| GILL, Adam Matthew | Director | 2014-05-29 | 2017-07-07 |
| GILL, Matthew John David | Director | 2011-12-28 | 2012-05-15 |
| GUBBAY, Joshua Wilfrid | Director | 2018-07-04 | 2024-06-19 |
| LAWTON, Mark David | Director | 2017-05-01 | 2017-12-12 |
| PARKAR, Asif Hamza | Director | 2013-11-18 | 2021-10-05 |
| PIRIE, Kane Bruce | Director | 2006-07-24 | 2013-05-03 |
| POLLARD, Ailsa Elizabeth | Director | 2021-10-05 | 2024-02-13 |
| POLLARD, Ailsa Elizabeth | Director | 2011-12-28 | 2017-08-07 |
| REJWAN, Frank Fouad | Director | 2018-10-16 | 2019-12-20 |
| RUSSELL, Justin Lee | Director | 2021-10-05 | 2023-01-31 |
| SIMMONDS, Ian David | Director | 2012-05-15 | 2018-04-17 |
| WAITE, Christopher Paul | Director | 2003-08-05 | 2012-05-15 |
| WASHINGTON, Andrew James | Director | 2017-05-01 | 2018-05-21 |
| WRIGHT, Stuart Lionel | Director | 2005-04-01 | 2005-12-14 |
| PF & S (DIRECTORS) LIMITED | Corporate Director | 2003-08-01 | 2003-08-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dnata Travel Holdings Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 164 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-08-29 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-19 | AA | accounts | Accounts with accounts type full | |
| 2025-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-04 | AA | accounts | Accounts with accounts type full | |
| 2024-08-29 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-08-29 | RESOLUTIONS | resolution | Resolution | |
| 2024-08-29 | CAP-SS | insolvency | Legacy | |
| 2024-08-29 | SH20 | capital | Legacy | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-28 | CH01 | officers | Change person director company with change date | |
| 2023-09-26 | CH01 | officers | Change person director company with change date | |
| 2023-09-26 | CH01 | officers | Change person director company with change date | |
| 2023-09-22 | SH01 | capital | Capital allotment shares | |
| 2023-09-14 | AA | accounts | Accounts with accounts type full | |
| 2023-05-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-01 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 2
- 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.