Travel Talk Adventures Limited

Travel Talk Adventures Limited, based in Middlesex, UK, is a small, family-run business with an active status. Founded fourteen years ago in 2010, the company employs just two people and holds £478,771 in assets. It operates from a virtual address, registered with nineteen other companies, and is managed by two directors and two owners. The company has a stellar 5.0 Google rating based on 783 reviews, showcasing its commitment to customer satisfaction. It’s an irregular importer, primarily dealing in printed materials like books, newspapers, and pictures, with its last import operation recorded way back in October 2019.

The company’s website reveals it operates in the tour operator activities industries, offering a range of travel experiences. While it doesn't appear to be a full-fledged e-commerce site, it does have a presence online, highlighting its services and destinations.

Financially, Travel Talk Adventures Limited presents a mixed picture. Cash reserves have impressively surged by 270%, reaching £430,000, a significant boost. However, debtors have plummeted by a staggering 81%, dropping to just £51,000, which could signal issues with collecting payments. Creditors have also increased by 27%, reaching £410,000, and other creditors have jumped by 99%, reaching £59,000. Despite these challenges, net assets remain in the negative, at -£82,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity is concerning. Being exempt from an audit as a small company, the financial statements are unaudited.

The substantial increase in cash reserves suggests the company has been able to generate income, but the sharp drop in debtors and rising creditors indicate potential cash flow pressures. It’s possible the company has been aggressively managing its debts, but the long-term sustainability of this strategy remains to be seen.

Registered in England/Wales under the registration number 07395403, with a registered address at EN2 0PW, United Kingdom, Middlesex, C/O Brian Paul Limited 159a Chase Side, Enfield.

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