OVATION TRAVEL GROUP UK LIMITED
Get an alert when OVATION TRAVEL GROUP UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£121
+132.7% vs 2024
Net assets
-£331k
-11.9% lowest in 6 filed years
Employees
3
0% vs 2024
Profit before tax
-£35k
-48.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
As a result of a group-wide restructuring, the Directors expect that within the 12 months from the issue of these financial statements that Ovation Travel Group UK Limited will be voluntarily struck off. The dissolution is directed towards providing a consolidated group structure of the Global Business Travel Group. As a result of this expected restructuring the Directors have prepared these financial statements on a non-going concern basis under the expectation that the company Ovation Travel Group UK Limited will be dissolved either within 12 months of the date of issue of these financial statements or shortly thereafter.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | -£23,703 | -£4,491 | +81.1% | |
| Profit before tax | — | — | — | — | -£23,703 | -£35,137 | -48.2% | |
| Net profit | -£12,813 | -£81,796 | -£162,308 | — | -£23,703 | -£35,137 | -48.2% | |
| Cash | £19,942 | £19,881 | £212 | £182 | £52 | £121 | +132.7% | |
| Total assets less current liabilities | -£12,216 | -£94,012 | -£256,320 | -£271,737 | -£295,440 | -£330,577 | -11.9% | |
| Net assets | -£12,216 | -£94,012 | -£256,320 | -£271,737 | -£295,440 | -£330,577 | -11.9% | |
| Equity | -£12,216 | -£94,012 | -£256,320 | -£271,737 | -£295,440 | -£330,577 | -11.9% | |
| Average employees | 5 | 3 | 3 | 3 | 3 | 3 | 0% | |
| Wages | — | — | — | — | — | — | — | |
| 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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Gearing (liabilities / total assets) | 100.5% | 103.5% | 109.7% | 110.3% | 111.2% | 112.5% | |
| Current ratio | — | — | — | — | 0.00x | 0.00x | |
| Interest cover | — | — | — | — | — | -0.15x |
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 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Armstrong Watson Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“As a result of a group-wide restructuring, the Directors expect that within the 12 months from the issue of these financial statements that Ovation Travel Group UK Limited will be voluntarily struck off. The dissolution is directed towards providing a consolidated group structure of the Global Business Travel Group. As a result of this expected restructuring the Directors have prepared these financial statements on a non-going concern basis under the expectation that the company Ovation Travel Group UK Limited will be dissolved either within 12 months of the date of issue of these financial statements or shortly thereafter.”
Significant events
- “On 2 May 2026, Global Business Travel Group, Inc. ("GBTG"), the ultimate parent of Ovation Travel Group UK Limited, entered into an Agreement and Plan of Merger whereby GBTG is to be acquired by Long Lake Management.”
- “The completion of the merger is subject to customary closing conditions, including shareholder approval and required regulatory clearances. The transaction is expected to complete in the second half of 2026. After completion GBTG will no longer be a publicly listed company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KELSALL, Matthew David Charles | Director | 2021-01-21 | Oct 1979 | British |
| ROSE, Tina | Director | 2018-05-24 | Aug 1958 | British |
| VARMA, Sheena | Director | 2021-01-21 | Sep 1980 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GORDIS, Elihu | Director | 2018-05-24 | 2021-01-21 |
| MAHTANI, Sunil | Director | 2018-05-24 | 2021-01-21 |
| METSELAAR, Paul Alexander | Director | 2018-05-24 | 2021-01-21 |
| STEINER, Michael | Director | 2018-05-24 | 2021-01-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gbt Travel Services Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-01-21 | Active |
| Mr Paul Alexander Metselaar | Individual | Significant influence | 2018-05-24 | Ceased 2021-01-21 |
Filing timeline
Last 20 of 39 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-17 | AA | accounts | Accounts with accounts type full | |
| 2026-07-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-22 | RPCH01 | miscellaneous | Legacy | |
| 2025-08-29 | CH01 | officers | Change person director company with change date | |
| 2025-08-27 | CH01 | officers | Change person director company with change date | |
| 2025-07-24 | AA | accounts | Accounts with accounts type small | |
| 2025-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-03-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-28 | AA | accounts | Accounts with accounts type small | |
| 2024-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-02 | AA | accounts | Accounts with accounts type small | |
| 2023-07-05 | CH01 | officers | Change person director company with change date | |
| 2023-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-22 | AA | accounts | Accounts with accounts type small | |
| 2022-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-15 | DISS40 | gazette | Gazette filings brought up to date | |
| 2021-09-14 | AA | accounts | Accounts with accounts type group |
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.