TRAVELFUSION LIMITED

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -9%

  £93,365,417 → £84,926,998

• Cash

  +9.3%

  £176,394,441 → £192,887,144

• Net assets

  +39.6%

  £137,992,605 → £192,645,867

• Employees

  -1.9%

  105 → 103

• Operating profit

  -1.8%

  £68,578,690 → £67,331,309

• Profit before tax

  +0.7%

  £72,302,761 → £72,805,366

• Wages

  +0.6%

  £5,585,341 → £5,620,307

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. TRAVELFUSION LIMITED 1999-12-20 → present
2. PCO 228 LIMITED 1999-11-16 → 1999-12-20

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company made a profit after taxation in the year of £54,653,262 (2023: £55,403,342), had net assets of £192,645,867 (2023: £137,992,605) and cash balances of £192,887,144 (2023: £176,394,441). The company is expected to make further profits in the year ended 31 December 2025. The directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. TRAVELFUSION LIMITED · parent
   1. Travelfusion China Ltd 100% · China
   2. Travelfusion Japan Co. Ltd 90% · Japan

Significant events

• “During the year the company saw a drop in booking volumes and related revenues due to the unavailability of major supplier content and also competition in the travel space. The company continued its substantial investment in Full Service Carriers (FSC), New Distribution Capabilities (NDC) and new contents and grow our state-of-the-art (IPA) global settlement solution which is the only industry service to offer multi-currency direct settlement for 250+ Low Cost Carriers (LCC).”
• “The average number of employees has decreased by 2% during the year.”
• “External factors such as the airline industry and market, foreign exchange rates, inflation and other regulatory matters will continue to be closely monitored, though these are not anticipated to cause a significant negative impact on the company.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

5

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.