Travco Corporation Limited

Travco Corporation Ltd, based in London, UK, is a large holding company with an active status, established ten years ago in 2014. Employing 154 people, the company holds assets totaling £42,360,594. With a real address, three directors, and one owner, it maintains a strong 5.0 Google rating based on two reviews. The company is an irregular exporter, primarily dealing in electrical machinery and equipment, with just one month of export activity recorded as of July 2022.

Travco Corporation Limited operates within the travel agency activities industries. It owns a company, Travco International Limited, and is linked to Travco Group Ltd, its ultimate parent company. Allan Mark Stuart, Allan Roy Derek, and Feilder James Robert serve as directors. The company’s website is currently unavailable for review.

Financial data reveals a mixed picture. While current assets increased by 9.1% to £42,000,000, net assets decreased by 0.98% to £44,000,000. Bank borrowings dramatically reduced by 98%, falling to just £40,000, and cash reserves decreased by 1.7% to £9,800,000. Interestingly, interest income on bank deposits surged by 610%, reaching £210,000. Creditors remained relatively stable, decreasing by 2.3% to £20,000,000. The company’s revenue increased by 17% to £110,000,000, but net losses deepened to -£1,200,000. The company is classified as a large company, having met two of three criteria: turnover exceeding £36 million, balance sheet total exceeding £18 million, and employing more than 250 people. The financial statements were audited by Charterhouse (Audit) Limited.

The company’s rapid growth in revenue, coupled with increased expenses, suggests it’s aggressively expanding its operations, but it's also burning through cash. It’s possible that the company is investing heavily in marketing or new ventures, which could be a risky strategy if not managed carefully.

Registered in England/Wales under the registration number 09276634, with a registered address at EC2A 4UX, London, Travco House, 92-94 Paul Street.

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