Traveltek Group Holdings Limited in Glasgow, G1 3DX

Description

Data updated on: 01-11-2023

Traveltek Group Holdings Limited has existed on the market for eight years. Started with Companies House Reg No. SC544831 in the year 2016, the company is located at Suite 3a, Glasgow G1 3DX. The firm official name transformation from Ensco 1524 to Traveltek Group Holdings Limited came on December 12, 2016. The company's classified under the NACE and SIC code 62090 and their NACE code stands for Other information technology service activities. 2022-12-31 is the last time the company accounts were reported.

The limited company owes its achievements and permanent growth to a group of six directors, specifically Cressida S., David H., Jonathan M. and 3 other members of the Management Board who might be found within the Company Staff section of our website, who have been overseeing it since August 2022. Another limited company has been appointed as one of the secretaries of this company: Mbm Secretarial Services Limited.

Previous company's names
Traveltek Group Holdings Limited 2016-12-12
Ensco 1524 Limited 2016-09-07

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency

Balance Sheet
Debtors	1 188 775	1 706 082	3 208 646	3 443 004	4 689 492	4 692	4 690
Net Assets Liabilities			-667 299	-1 561 791	-2 563 883	-3 633	-4 718
Other Debtors	5 362	10 925				3

Other Financial Data
Accrued Liabilities Deferred Income	3 326	111 392		302 250	381	818	8
Accumulated Amortisation Impairment Intangible Assets				977 996	1 222 495	1 466	1 711
Accumulated Depreciation Impairment Property Plant Equipment				51 231	12 844	16	20
Additions Other Than Through Business Combinations Property Plant Equipment					64	14	16
Administrative Expenses				3 079 406	2 742 098	3 016	3 494
Amounts Owed By Related Parties		1 695 157	3 191 111	3 437 052
Amounts Owed To Group Undertakings	705 241	923 251	659 051	715 011	788 997	854	952
Bank Borrowings				50 000	49	38	27
Bank Borrowings Overdrafts	2 120 000	2 120 000	2 120 000	5 833	10 969	11	10
Cash Cash Equivalents			605 759	535 193	984	1 002	747
Comprehensive Income Expense				-1 572 521	-1 876	-1 775	-1 378
Convertible Bonds In Issue	2 502 578	3 039 068	4 621 876	4 938 638	5 268	6 320	6 362
Corporation Tax Payable		4 310	4 310	4 310	8	4
Corporation Tax Recoverable				285 366	320	382	207
Cost Sales				3 066 739	3 138	3 588	3 805
Creditors	713 647	1 119 038	1 464 069	2 276 157	4 195	4 215	11 618
Current Tax For Period				-284 018	-319	-358	-207
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period				-37 932
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss							-294
Further Item Tax Increase Decrease Component Adjusting Items				-183 304	418 495	-1	255
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income				-48 944	-63	-34	5
Gain Loss On Disposals Property Plant Equipment				-14 815
Government Grant Income				324 957	201	45
Gross Profit Loss					1 265	1 815
Income Taxes Paid Refund Classified As Operating Activities					280	320	365
Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences						-34	5
Increase Decrease In Current Tax From Adjustment For Prior Periods				1 114			-4
Increase From Amortisation Charge For Year Intangible Assets					244 499	244	244
Increase From Depreciation Charge For Year Property Plant Equipment					5 096	5	4
Intangible Assets				1 466 995	1 223	979	734
Intangible Assets Gross Cost				2 444 991	2 445	2 445
Interest Paid Classified As Operating Activities				48 532	324
Interest Payable Similar Charges Finance Costs				709 259	855 992	943	954
Interest Received Classified As Investing Activities							-5
Investments		4 330 000	4 330 000	4 330 000
Investments Fixed Assets	4 330 000	4 330 000	4 330 000	4 330 000	4 330	4 330	4 330
Investments In Subsidiaries	4 330 000	4 330 000		4 330 000	4 330	4 330	4 330
Issue Equity Instruments		52 107	336 276
Net Cash Generated From Operations					1 052	279	603
Net Current Assets Liabilities	475 128	587 044	1 744 577	1 166 847	494 757
Net Finance Income Costs							5
Operating Profit Loss					-1 276	-1 156
Other Creditors		111 392	782 851	1 540 642	2 396 958	3 340	4 294
Other Debtors Balance Sheet Subtotal		10 925	17 535
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					51 231	2
Other Disposals Property Plant Equipment					51 231	2
Other Interest Receivable Similar Income Finance Income							5
Other Remaining Borrowings	2 120 000	2 120 000	2 120 000	2 120 000	2 120	2 120	2 120
Pension Other Post-employment Benefit Costs Other Pension Costs				62 875	73 052	99	159
Percentage Class Share Held In Subsidiary		100	100	100	100	100
Prepayments Accrued Income	2 952			5 952	5	5	6
Profit Loss	-382 613	-476 681	-761 551	-894 492	-1 002	-1 069	-1 085
Profit Loss On Ordinary Activities Before Tax					-2 132	-2 099
Property Plant Equipment Gross Cost				51 231	24	22	22
Redeemable Preference Shares Liability	2 120 000	2 120 000	2 120 000	2 120 000	2 120	2 120	2 120
Social Security Costs				300 090	319	382
Staff Costs Employee Benefits Expense				3 626 247	3 603 492	3 983	3 971
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				112	53 109	48	63
Tax Increase Decrease From Effect Foreign Tax Rates						-6	10
Tax Tax Credit On Profit Or Loss On Ordinary Activities				-282 904	-319	-358	-194
Total Assets Less Current Liabilities			6 074 577	5 496 847	4 824 757
Total Borrowings				5 833	10 969	11	10
Total Current Tax Expense Credit				-282 904	-319 377	-358	-211
Trade Creditors Trade Payables	5 080	80 085	17 857	258 810	230	348	2
Trade Debtors Trade Receivables				317 297	345	96	231
Turnover Revenue				4 686 606	4 403	5 403
Wages Salaries				3 263 282	3 211 756	3 520	3 458

Company staff