Tour Partner Group Uk Ltd

Tour Partner Group Uk Ltd, based in Harrow, UK, is a sizable company with a 29-year history, currently employing 56 people. It holds assets worth £36,941,267 and generates a yearly revenue of £49,952,339. As a holding company with an active status, it operates from a real address and is overseen by two directors and one owner. The company is an irregular importer, primarily dealing in textile products, sets, used clothing, and rags, with its last import activity recorded one month ago.

The company’s website paints a picture of a B2B specialist catering to Northern Europe’s travel market. It offers services for groups, small groups, FIT (Fully Independent Travellers), MICE (Meetings, Incentives, Conferences, Events), and B2C (Business to Consumer) clients. It also highlights destinations across the Nordics, Baltics, United Kingdom, and Ireland. The site emphasizes its expertise in designing itineraries, arranging tours, and providing services to clients, with a focus on creating memorable experiences. It even has a blog with travel tips and news.

Financially, Tour Partner Group Uk Ltd shows a mixed picture. While revenue increased significantly by 130%, reaching £50 million, net assets took a hit, decreasing by 46% to £8.7 million. Cash reserves also fell by 79%, dropping to £94,000. Bank borrowings surged by 2,400%, reaching £34 million—a considerable increase. Creditors, however, decreased by 18%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) and lack of an auditor (likely exempt due to its size) mean the figures rely on unaudited statements.

The company’s workforce has increased significantly, with the number of employees jumping 110% to 120. This could be a result of the revenue increase, but it also puts pressure on cash flow. The sharp decrease in net assets, combined with the surge in bank borrowings, suggests the company might be burning through cash to fuel its growth—although the decrease in creditors is a positive sign.

Registered in England/Wales under the registration number 03167548, with a registered address at HA1 1BE, Harrow, Middlesex, Hygeia Building 5th Floor, 66-68 College Road.

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