Snaptrip Group Limited

Snaptrip Group Ltd from London UK: a small holding company with an active status, founded eleven years ago, employs twenty-two people, and holds £1,609,089 in assets. It has a real address, four directors, and two owners. The company operates in the retail sale via mail order houses or via internet industries.

The Snaptrip Group brings together the UK’s best online accommodation marketplaces, dedicated to cottages, lodges, hotels, and villa holidays. Their mission is to make taking a staycation easy and affordable, offering a wide choice of properties at competitive prices. The group receives over 20 million visitors a year, sending over 300,000 people on holiday annually, and even facilitated over 80,000 dog holidays in 2023. Recent press releases highlight acquisitions like The Hotel Guru and focus on trending seaside spots. They also have a brand called My Luxury Hotel coming soon.

Financially, Snaptrip Group Ltd shows some interesting trends. While cash reserves increased by 19% to £1.3 million, net assets remained steady at £3.3 million. However, bank borrowings decreased significantly, falling by 97% to just £10,000—a positive sign. Creditors also decreased by 39%, suggesting better debt management. The number of employees increased by 27% to twenty-eight, which could be a result of growth. Intangible assets, however, decreased by 31%, and fixed assets dropped by 11%, which may be a result of investment in other areas. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in intangible assets warrants closer examination. The financial statements are unaudited, as the company is exempt due to its size.

Registered in England/Wales under the registration number 08774859, with a registered address at SE1 9PG, England, London, Lg.03 Cargo Works, 1 - 2 Hatfields.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.