TRAVEL REPUBLIC LTD
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Cash
£507k
-88.8% lowest in 3 filed years
Net assets
-£15m
-74.7% lowest in 3 filed years
Employees
121
+61.3% highest in 3 filed years
Profit before tax
-£10m
-115.3% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
The Directors intend to place the Company into liquidation during the upcoming financial year. Accordingly, the financial statements have been prepared on a basis other than going concern.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £141,151,000 | £128,474,000 | £114,284,000 | -11% | |
| Operating profit | -£4,993,000 | -£5,570,000 | -£11,426,000 | -105.1% | |
| Profit before tax | -£4,277,000 | -£4,828,000 | -£10,394,000 | -115.3% | |
| Net profit | -£4,053,000 | -£3,613,000 | -£6,307,000 | -74.6% | |
| Cash | £952,000 | £4,543,000 | £507,000 | -88.8% | |
| Total assets less current liabilities | -£3,213,000 | -£7,455,000 | -£14,752,000 | -97.9% | |
| Net assets | -£4,832,000 | -£8,445,000 | -£14,752,000 | -74.7% | |
| Equity | -£4,832,000 | -£8,445,000 | -£14,752,000 | -74.7% | |
| Average employees | 79 | 75 | 121 | +61.3% | |
| Wages | £2,821,000 | £1,863,000 | £1,780,000 | -4.5% | |
| 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 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | -3.5% | -4.3% | -10.0% | |
| Net margin | -2.9% | -2.8% | -5.5% | |
| Gearing (liabilities / total assets) | 104.3% | 107.6% | 169.1% | |
| Current ratio | 0.90x | 0.87x | 0.61x | |
| Interest cover | -26.01x | -32.01x | -73.24x |
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
- Not a going concern (break-up basis)
“The Directors intend to place the Company into liquidation during the upcoming financial year. Accordingly, the financial statements have been prepared on a basis other than going concern.”
Significant events
- “In December 2025, the directors of the Company took the decision to stop taking new bookings from January 2026, but to depart all bookings made prior to this date. The final departure is expected to take place in late 2026, after which the Company will cease to trade and enter voluntary liquidation.”
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 165 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-08-29 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-16 | AA | accounts | Accounts with accounts type full | |
| 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 |
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.