Tour Partner Group UK Ltd
Registered name: TOUR PARTNER GROUP UK LTD
Part of Mayfair Equity Partners LLP groupTour Partner Group UK Ltd made £57.2m revenue and £1.7m profit in the year to 31 Dec 2024.
Tour Partner Group UK Ltd’s revenue grew 15% to £57.2m in the year to 31 Dec 2024, with £1.7m profit and 101 employees. The company is classified under “travel agency activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 30 yrs · since 1996
- Type
- Private Limited Company
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £622k | £22.1m | £50m | £57.2m |
| Cost of sales | £466k | £19.5m | £44.6m | £46.9m |
| Gross profit | £156k | £2.6m | £5.4m | £10.3m |
| Operating profit | −£56.7k | −£2.6m | −£3.1m | £2.4m |
| Profit before tax | −£136k | −£3m | −£3.6m | £1.7m |
| Profit after tax | −£188k | −£2.9m | −£3.6m | £1.7m |
| Profit (best available) | −£188k | −£2.9m | −£3.6m | £1.7m |
| Staff costs | £1.7m | £2.8m | £4.3m | £4.8m |
| Employees (average) | 39 | 56 | 115 | 101 |
| Ratios | ||||
| Profit margin | −30.1% | −13.2% | −7.1% | 2.9% |
| Gross margin | 25.1% | 12% | 10.8% | 18% |
| Revenue per employee | £15.9k | £395k | £434k | £566k |
| Profit per employee | −£4.8k | −£52.3k | −£31.1k | £16.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲3453% | ▲126% | ▲14.5% |
| Headcount growth | — | ▲43.6% | ▲105.4% | ▼12.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £53.8k | £447k | £93.6k | £66k |
| Net assets | £15.2m | £12.2m | £8.7m | £10.4m |
| Fixed assets | £4.4m | £4.3m | £4.2m | £4.2m |
| Current assets | £25.7m | £28.9m | £36.9m | £38.1m |
| Debtors | £21.2k | £862k | £732k | £596k |
| Deferred income | £163k | £1.9m | £898k | £806k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | Accounts · bulk data Aug 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 2.9%
- Profit ÷ revenue.
- Gross margin
- 18%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £566k
- Revenue ÷ average employees.
- Profit per employee
- £16.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1%
- Money owed by customers. Low = customers pay quickly.
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
- ▲20%
- Now £10.4m
- Cash at bank
- ▼30%
- Now £66k
- Headcount
- ▼12%
- Now 101
- Deferred income
- ▼10%
- Now £806k
- Fixed assets
- ▼0%
- Now £4.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Mayfair Equity Partners LLPultimate parent75–100%
- Mayfair Equity Partners Nominees Limited75–100%
- Tour Partner Group Midco Limited75–100%
- Tour Partner Group Limited75–100%
- Tour Partner Group UK Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Tour Partner Group International LtdFigures not disclosed
Sister companies (1)
- Experience Scotland Conference and Incentives LimitedRev. — · Profit £362k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.7m), from the Companies House accounts bulk data published Jun 2025. 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.