How much does Panorama International Limited make?

Panorama International Limited reported revenue of £21.3m and £1.8m profit in the year to 30 Apr 2025, according to its accounts filed at Companies House.

How many employees does Panorama International Limited have?

Panorama International Limited reported an average of 8 employees in the year to 30 Apr 2025.

Is Panorama International Limited profitable?

Yes — Panorama International Limited reported a profit of £1.8m in the year to 30 Apr 2025.

Company No. 03006294 · Incorporated 5 Jan 1995

Panorama International Limited

Registered name: PANORAMA INTERNATIONAL LIMITED

Panorama International Limited made £21.3m revenue and £1.8m profit in the year to 30 Apr 2025. read from filing text

Panorama International Limited’s revenue fell 10% to £21.3m in the year to 30 Apr 2025, with £1.8m profit and 8 employees. The company is classified under “tour operator activities”; we hold 4 years of its filed accounts.

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

Status: Active
Location: London
Age: 31 yrs · since 1995
Type: Private Limited Company

Latest accounts · year to 30 Apr 2025

Key figures

IndependentSmall teamCapital-lightCash flow filed

Revenue

£21.3m

Growth ▼9.6%

Profit

£1.8m

Growth ▼17.6%

Profit margin

8.7%

Gross 21.5%

Employees

Change ▼11.1%

Profit / employee

£231k

Revenue/employee £2.7m

Profitable streak

3yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023	30 Apr 2024	30 Apr 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£1.3m	£11.1m	£23.5m	£21.3m
Cost of sales	£1.1m	£8.6m	£18.5m	£16.7m
Gross profit	£200k	£2.5m	£5m	£4.6m
Operating profit	−£226k	£755k	£3m	£2.4m
Profit before tax	−£225k	£760k	£3m	£2.5m
Profit after tax	−£225k	£609k	£2.2m	£1.8m
Profit (best available)	−£225k	£609k	£2.2m	£1.8m
Staff costs	—	—	£1.6m	£1.6m
Employees (average)	15	10	9	8
Ratios
Profit margin	−17.2%	5.5%	9.5%	8.7%
Gross margin	15.3%	22.4%	21.3%	21.5%
Revenue per employee	£87.3k	£1.1m	£2.6m	£2.7m
Profit per employee	−£15k	£60.9k	£249k	£231k
Cash conversion	—	—	−113.7%	−131.2%
Growth (year on year)
Revenue growth	—	▲748.9%	▲111.7%	▼9.6%
Profit growth	—	—	▲268.2%	▼17.6%
Headcount growth	—	▼33.3%	▼10%	▼11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£1.2m	£3.6m	£6m
Net assets	£5.9m	£6.5m	£8.1m	£10m
Fixed assets	£1.3k	£962	£241	£181
Current assets	£7.6m	£9.6m	£11.8m	£12.8m
Debtors	£585k	£2.8m	£3.3m	£1.8m
Cash from operations	—	—	−£3.4m	−£3.1m
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 8.7%; Profit ÷ revenue.
Gross margin: 21.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.7m; Revenue ÷ average employees.
Profit per employee: £231k; Profit ÷ average employees.
Cash conversion: −131.2%; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.3%; 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: ▲23%; Now £10m
Cash at bank: ▲68%; Now £6m
Headcount: ▼11%; Now 8
Deferred income: —; Now —
Fixed assets: ▼25%; Now £181

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £1.8m), from the Companies House accounts bulk data published Jan 2026. 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.