DESTINATION SPORT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-01 (in 1y)
Last made up 2026-04-17
Watchouts
None on the register
Cash
£50M
+503.6% highest in 3 filed years
Net assets
£11M
+41.5% highest in 3 filed years
Employees
360
+16.1% highest in 3 filed years
Profit before tax
£5M
+108.8% vs 2023
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £107,605,000 | £114,293,000 | |
| Operating profit | — | — | £1,108,000 | £4,109,000 | |
| Profit before tax | — | — | £2,222,000 | £4,640,000 | |
| Net profit | — | -£1,933,634 | £408,000 | £3,381,000 | |
| Cash | — | £1,047,016 | £8,300,000 | £50,102,000 | |
| Total assets less current liabilities | — | — | £13,701,000 | £13,074,000 | |
| Net assets | — | -£2,371,266 | £7,865,000 | £11,126,000 | |
| Equity | -£437,632 | -£7,113,798 | £7,865,000 | £11,126,000 | |
| Average employees | — | 81 | 310 | 360 | |
| Wages | — | £3,585,666 | £11,031,000 | £17,243,000 | |
| Directors' remuneration | — | — | £398,568 | £1,190,124 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+6.2%
£107,605,000 £114,293,000
-
Cash
+503.6%
£8,300,000 £50,102,000
highest in 3 filed years
-
Net assets
+41.5%
£7,865,000 £11,126,000
highest in 3 filed years
-
Employees
+16.1%
310 360
highest in 3 filed years
-
Operating profit
+270.8%
£1,108,000 £4,109,000
-
Profit before tax
+108.8%
£2,222,000 £4,640,000
-
Wages
+56.3%
£11,031,000 £17,243,000
highest in 3 filed years
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 1.0% | 3.6% | |
| Net margin | — | — | 0.4% | 3.0% | |
| Return on capital employed | — | — | 8.1% | 31.4% | |
| Gearing (liabilities / total assets) | — | 107.4% | 92.1% | 93.4% | |
| Current ratio | — | 0.52x | 0.69x | 0.81x | |
| Interest cover | — | — | 2.91x | 7.04x |
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 2 times since incorporation
- DESTINATION SPORT LIMITED 2021-03-28 → present
- GLOBAL SPORTS AND EVENTS MANAGEMENT LIMITED 2020-12-31 → 2021-03-28
- AL TAYYAR TRAVEL LIMITED 2015-04-28 → 2020-12-31
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- DESTINATION SPORT LIMITED · parent
- International Sports Tours Limited 100%
- Amazedm Limited 100%
- Marathon Tours Inc 100%
- Destination Sport Group Pty Ltd 100%
- Amazedm B.V. 100%
- Amazedm GMBH 100%
- Amazedm SAS 100%
- Amazedm GMBH 100%
- Amazedm GMBH 100%
- Amazedm ApS 100%
- Amazedm (Spain) SL 100%
- Amazedm Srl (Italy) 100%
- The Mike Burton Group Holdco Limited 100%
- Project Active Topco Limited 65%
- Destination Sport (China) 100%
- Destination Sport Travel LLC 100%
Significant events
- “The three acquisitions of Mike Burton Travel, Sportsworld and Tour Time completed during FY23 have completed back-office integrations and new product development has begun.”
- “Following the liquidation of Sweetspot Group Limited, in accordance with the articles, on 13 Feb 2025 the company acquired Sweetspot Group Limited's shares in Sweetspot Travel Limited for a nominal value. Consequently, the company will no longer be treated as a Joint Venture as it is now a subsidiary and will be consolidated within the group accounts of Destination Sport Limited.”
- “As agreed at acquisition of Mike Burton Travel Limited, its Joint Venture England Rugby Travel Limited was solvently liquidated post year end. A new contract was entered into between Mike Burton Travel Limited and Rugby Football Union which was based on the same substance as the previous contract and continues to trade as England Rugby Travel.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AHUSSAIN, Muzzammil | Director | 2024-09-30 | Jun 1983 | American |
| ALDAWOOD, Abdullah Nasser | Director | 2024-09-30 | Dec 1981 | Saudi Arabian |
| ALNASSER, Alwaleed | Director | 2024-09-30 | Jul 1983 | Saudi Arabian |
| HEMINGWAY, Paul Andrew | Director | 2021-03-30 | Apr 1971 | British |
| KHALID, Muhammad, Mr. | Director | 2024-09-30 | Apr 1981 | Pakistani |
| NEVIN, Mark Christopher | Director | 2015-04-28 | Aug 1957 | British |
| SOMERSET, Ian James | Director | 2026-04-14 | Nov 1979 | British |
| WALSH, Redmond Gavin Mcginty | Director | 2021-05-03 | Sep 1967 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Portman Travel Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 43 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-23 | AA | accounts | Accounts with accounts type group | |
| 2025-05-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-17 | AA | accounts | Accounts with accounts type full | |
| 2024-06-22 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-06-13 | SH01 | capital | Capital allotment shares | |
| 2024-05-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-01 | AA | accounts | Accounts with accounts type full | |
| 2023-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-08-04 | AA | accounts | Accounts with accounts type full | |
| 2022-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-31 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- 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.