THE PORTMAN TRAVEL GROUP LIMITED
Operating as a wholly owned subsidiary of Seera Holding Group, the business is a travel management company that manages a portfolio of specialist luxury, sports, and corporate travel brands.
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Cash
£42m
-41.6% vs 2024
Net assets
-£1.9m
-118.3% vs 2024
Employees
1,427
0% vs 2024
Profit before tax
-£11m
-215.6% 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 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £279,678,000 | £383,982,000 | +37.3% | |
| Operating profit | £16,434,000 | -£9,598,000 | -158.4% | |
| Profit before tax | £9,648,000 | -£11,156,000 | -215.6% | |
| Net profit | £9,406,000 | -£11,714,000 | -224.5% | |
| Cash | £72,037,000 | £42,034,000 | -41.6% | |
| Total assets less current liabilities | £96,642,000 | £78,345,000 | -18.9% | |
| Net assets | £10,619,000 | -£1,945,000 | -118.3% | |
| Equity | £10,619,000 | -£1,945,000 | -118.3% | |
| Average employees | 1,427 | 1,427 | 0% | |
| Wages | £59,679,000 | £67,165,000 | +12.5% | |
| Directors' remuneration | £1,172,623 | £604,540 | -48.4% | |
| Directors' pension contributions | £43,646 | £41,647 | -4.6% | |
| Highest paid director | £677,341 | £404,123 | -40.3% |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 5.9% | -2.5% | |
| Net margin | 3.4% | -3.1% | |
| Return on capital employed | 17.0% | -12.3% | |
| Gearing (liabilities / total assets) | 97.2% | 100.5% | |
| Current ratio | 0.96x | 0.89x | |
| Interest cover | 2.04x | -1.13x |
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
- THE PORTMAN TRAVEL GROUP LIMITED 2017-07-12 → present
- MAWASEM TRAVEL AND TOURISM LIMITED 2014-01-03 → 2017-07-12
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis which the directors consider to be appropriate... SHG have also confirmed that they will provide sufficient financial support to The Portman Travel Group Limited”
Group structure
- THE PORTMAN TRAVEL GROUP LIMITED · parent
- Elegant Resorts Limited 100%
- Clarity Travel Limited 100%
- Destination Sport Limited 100%
Significant events
- “During late FY23, the Group completed the acquisition of corporate travel and events agency, Agiito, and the Sport travel division acquired Mike Burton Travel, a market leader in rugby travel.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AHUSSAIN, Muzzammil | Director | 2024-09-18 | Jun 1983 | American |
| AL DAWOOD, Abdullah | Director | 2015-11-30 | Dec 1981 | Saudi Arabian |
| ALNASSER, Alwaleed | Director | 2024-09-18 | Jul 1983 | Saudi Arabian |
| KHALID, Muhammad, Mr. | Director | 2024-09-18 | Apr 1981 | Pakistani |
| NEVIN, Mark Christopher | Director | 2014-07-17 | Aug 1957 | British |
| SOMERSET, Ian James | Director | 2026-04-14 | Nov 1979 | British |
| WALSH, Redmond Gavin Mcginty | Director | 2016-06-01 | Sep 1967 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AHMED, Ali Altagani, Dr | Director | 2014-01-03 | 2015-10-25 |
| AL TAYYAR, Nasser Aqeel, Dr | Director | 2014-01-03 | 2015-10-25 |
| YOUSIF, Yousif Musa | Director | 2014-01-03 | 2021-09-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dr Nasser Aqeel Al Tayyar | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-01-01 |
Filing timeline
Last 20 of 44 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type group | |
| 2026-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-23 | AA | accounts | Accounts with accounts type group | |
| 2024-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-02 | AA | accounts | Accounts with accounts type full | |
| 2023-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-27 | AA | accounts | Accounts with accounts type group | |
| 2022-10-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-08-04 | AA | accounts | Accounts with accounts type group | |
| 2021-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-02 | AA | accounts | Accounts with accounts type group | |
| 2021-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2020-12-18 | AA | accounts | Accounts with accounts type group | |
| 2020-11-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-11-03 | 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
- 1
- 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.