EXPLORE WORLDWIDE LIMITED
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Cash
£6.5k
lowest in 3 filed years
Net assets
-£635
Equity attributable
Employees
100
highest in 3 filed years
Profit before tax
-£2.2k
Period ending 2025-12-31
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 2025-12-31
| Metric | Trend | 2023-10-31 | 2024-10-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £47,835,000 | £53,903 | £69,146 | — | |
| Operating profit | £734,000 | £3,147 | -£2,447 | — | |
| Profit before tax | £518,000 | £3,092 | -£2,239 | — | |
| Net profit | -£71,000 | £2,851 | -£1,239 | — | |
| Cash | £4,512,000 | £7,769 | £6,532 | — | |
| Total assets less current liabilities | -£1,970,000 | £683 | -£635 | — | |
| Net assets | -£1,970,000 | — | — | — | |
| Equity | -£1,970,000 | £683 | -£635 | — | |
| Average employees | 84 | 94 | 100 | — | |
| Wages | £4,038,000 | £4,002 | £5,812 | — | |
| Directors' remuneration | £185,000 | £200 | £293 | — | |
| Directors' pension contributions | £14,000 | £15 | £19 | — | |
| Highest paid director | £185,000 | £200 | £293 | — |
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 —. Year-on-year comparison hidden: this filing covers about 14 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-10-31 | 2024-10-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 1.5% | 5.8% | -3.5% | |
| Net margin | -0.1% | 5.3% | -1.8% | |
| Return on capital employed | — | 460.8% | — | |
| Gearing (liabilities / total assets) | 110.0% | — | — | |
| Current ratio | 0.73x | 0.84x | 0.88x | |
| Interest cover | 5.10x | 14.11x | -84.38x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, the directors have a reasonable expectation that the Company will have adequate resources to continue in operational existence and meet its liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements.”
Group structure
- EXPLORE WORLDWIDE LIMITED · parent
- Explore Aviation Limited 100%
- Adventure Travel Experience Inc 100%
- Explore Worldwide Australia Pty 100%
- Explore Worldwide Adventures Ltd 100%
Significant events
- “In February 2026 it was decided to stop working on the development of the Company's new reservations system, resulting in an exceptional impairment charge of £4,017k.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARTLEY, Shannon Kirsty | Secretary | 2020-04-28 | — | — |
| EDWARDS, Michael Dean | Director | 2021-10-01 | May 1968 | British |
| FORWARD, Tony Jonathan Alan | Director | 2025-02-01 | Dec 1979 | English |
| QUINLISK, Matthew | Director | 2025-08-28 | Jul 1982 | British |
| TORRILLA, Francis Peter | Director | 2025-08-28 | Sep 1960 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COX, Travers Vincent | Secretary | — | 2000-02-22 |
| CULLEN, Dominique | Secretary | 2015-02-20 | 2015-12-01 |
| MAY, Timothy William | Secretary | 2014-10-30 | 2015-02-20 |
| MICHEL, Carl Heinrich | Secretary | 2005-09-16 | 2005-09-16 |
| STEWART, Andrew | Secretary | 2015-12-01 | 2020-04-28 |
| VICKERS, Julie Alison | Secretary | 2000-02-22 | 2004-09-28 |
| WILLIAMSON, Alexandra Dilys | Secretary | 2004-09-28 | 2014-10-30 |
| ANSTEAD, Nicholas William | Director | 2004-05-01 | 2005-10-31 |
| ATKINSON, Richard Westaway | Director | 2000-02-22 | 2005-09-16 |
| BADDELEY, Robert Gregory | Director | 2000-02-22 | 2010-12-31 |
| BALI, Navneet | Director | 2012-05-17 | 2015-12-01 |
| BRIGHT, Neil Irvine | Director | 2011-01-01 | 2012-07-06 |
| BURROWS, Carl Peter | Director | 2008-10-06 | 2015-06-10 |
| CARTER, Paul Andrew | Director | 2017-05-01 | 2020-11-01 |
| COOK, Derek Thomas Henry | Director | — | 1997-05-02 |
| COX, Travers Vincent | Director | — | 2001-10-31 |
| DAVIES, Martin William Oliver | Director | 2010-04-20 | 2012-09-20 |
| FIELD, Joanne Elizabeth | Director | 2001-12-10 | 2002-09-27 |
| FITZGERALD, Marcus | Director | 2020-04-28 | 2021-01-01 |
| GOENKA, Abhishek | Director | 2014-10-30 | 2015-12-01 |
| KERKAR, Ajay Ajit Peter | Director | 2012-07-30 | 2015-12-01 |
| MAY, Timothy William | Director | 2009-10-01 | 2015-12-01 |
| MCILWRAITH, William Anthony | Director | 1999-05-04 | 2003-09-23 |
| MENON, Ajit Paramparambath | Director | 2012-07-30 | 2015-12-01 |
| MICHEL, Carl Heinrich | Director | 2005-09-16 | 2009-09-30 |
| MOORE, Derek | Director | — | 2007-01-15 |
| NEWSOM, Peter | Director | — | 1999-07-08 |
| PARSELLE, Colin James | Director | 2021-01-01 | 2025-03-19 |
| PERRIN, Andrew Marshallsey | Director | 2015-12-01 | 2015-12-01 |
| PERRIN, Andrew Marshallsey | Director | 2015-12-01 | 2017-05-01 |
| PONTE, Joseph Edward | Director | 2018-07-17 | 2025-08-28 |
| TELFER, John | Director | 2008-05-01 | 2021-10-01 |
| TOBIN, Simon John | Director | 2001-12-10 | 2009-02-27 |
| TOFT, Ashley Paul | Director | 2004-05-01 | 2017-10-25 |
| TYLER, Michael | Director | 2002-08-01 | 2014-05-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hotelplan (U.K. Group) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 224 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-21 MA Memorandum articles
- 2024-06-21 RESOLUTIONS Resolution
- 2024-06-20 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-24 | AA01 | accounts | Change account reference date company current extended | |
| 2025-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-03 | AA | accounts | Accounts with accounts type full | |
| 2025-03-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-21 | MA | incorporation | Memorandum articles | |
| 2024-06-21 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-20 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-04-17 | AA | accounts | Accounts with accounts type full | |
| 2023-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-20 | AA | accounts | Accounts with accounts type full | |
| 2022-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-25 | AA | accounts | Accounts with accounts type full | |
| 2021-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-13 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.