How much does Mike Burton Travel Limited make?

Mike Burton Travel Limited reported revenue of £33.1m and £544k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Mike Burton Travel Limited have?

Mike Burton Travel Limited reported an average of 0 employees in the year to 31 Dec 2023.

Is Mike Burton Travel Limited profitable?

Yes — Mike Burton Travel Limited reported a profit of £544k in the year to 31 Dec 2023.

Company No. 02616655 · Incorporated 3 Jun 1991

Mike Burton Travel Limited

Registered name: MIKE BURTON TRAVEL LIMITED

Part of The Portman Travel Group Limited group

Mike Burton Travel Limited made £33.1m revenue and £544k profit in the year to 31 Dec 2023.

Mike Burton Travel Limited’s revenue was £33.1m in the year to 31 Dec 2023, with £544k profit and 0 employees. The company is classified under “tour operator activities” and is based in Manchester; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 79120Tour operator activities

Status: Active
Location: Manchester, North West
Age: 35 yrs · since 1991
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Small teamCapital-light

Revenue

£33.1m

Growth —

Profit

£544k

Growth —

Profit margin

1.7%

Gross 0.1%

Employees

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.8m	£33.1m
Cost of sales	£6.8m	£33m
Gross profit	£32.9k	£39.2k
Operating profit	£29k	£450k
Profit before tax	£70.9k	£530k
Profit after tax	£56.3k	£544k
Profit (best available)	£56.3k	£544k
Employees (average)	0	0
Ratios
Profit margin	0.8%	1.7%
Gross margin	0.5%	0.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£11.5m	£1m
Net assets	£3.8m	£658k
Fixed assets	£0	£0
Current assets	£46.3m	£18.4m
Debtors	£5.6m	£226k
Deferred income	£36.4m	£9.4m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 0.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 28.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £658k
Cash at bank: —; Now £1m
Headcount: —; Now 0
Deferred income: —; Now £9.4m
Fixed assets: —; Now £0

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

The Portman Travel Group Limitedultimate parent75–100%
Destination Sport Limited75–100%
The Mike Burton Group Holdco Limited75–100%
The Mike Burton Group Limited75–100%
Mike Burton Travel Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Mike Burton Corporate Hospitality LimitedRev. £1.2m · Profit £469k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £544k), from the Companies House accounts bulk data published Jul 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.