Skip to content
CompanySight
Company No. 03307429 · Incorporated 24 Jan 1997

Steppes Travel Ltd

Registered name: STEPPES TRAVEL LTD

Steppes Travel Ltd made £13m revenue and £580k profit in the year to 31 Aug 2025.

Steppes Travel Ltd’s revenue grew 8% to £13m in the year to 31 Aug 2025, with £580k profit and 28 employees. The company is classified under “tour operator activities” and is based in Gloucestershire; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 79120Tour operator activities
Status
Active
Location
Gloucestershire, South West
Age
29 yrs · since 1997
Type
Private Limited Company
Latest accounts · year to 31 Aug 2025

Key figures

IndependentCapital-lightCash flow filed
Revenue
£13m
Growth ▲7.9%
Profit
£580k
Growth ▼11%
Profit margin
4.5%
Gross 25.6%
Employees
28
Change ▲16.7%
Profit / employee
£20.7k
Revenue/employee £465k
Profitable streak
4yrs
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 to31 Aug 202231 Aug 202331 Aug 202431 Aug 2025
DisclosureProfit onlyFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£12.3m£12.1m£13m
Cost of sales—£9.3m£9m£9.7m
Gross profit—£3m£3.1m£3.3m
Operating profit—£758k£788k£656k
Profit before tax—£789k£884k£783k
Profit after tax£776k£597k£652k£580k
Profit (best available)£776k£597k£652k£580k
Staff costs—£1.4m£1.6m£1.8m
Employees (average)22222428
Ratios
Profit margin—4.9%5.4%4.5%
Gross margin—24.1%25.9%25.6%
Revenue per employee—£559k£503k£465k
Profit per employee£35.3k£27.1k£27.2k£20.7k
Cash conversion—64.4%156.1%96.3%
Growth (year on year)
Revenue growth——▼1.8%▲7.9%
Profit growth—▼23.1%▲9.2%▼11%
Headcount growth—0%▲9.1%▲16.7%
Balance sheet — indirect signals, not revenue
Cash at bank£3m£3.4m£4.5m£4.8m
Net assets−£19.2k£471k£1.1m£1.4m
Fixed assets£102k£78.1k£32.5k£29.3k
Current assets£5.4m£5.2m£6.8m£7.1m
Debtors£2.4m£0£11.8k£0
Deferred income——£5.2m£5.3m
Cash from operations£1.5m£489k£1.2m£632k
SourceAccounts · bulk data Jan 2024Accounts · bulk data Jan 2024FullAccounts · bulk data May 2025FullAccounts · bulk data May 2026
Derived from the latest filing

How the business works

Profit margin
4.5%
Profit ÷ revenue.
Gross margin
25.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£465k
Revenue ÷ average employees.
Profit per employee
£20.7k
Profit ÷ average employees.
Cash conversion
96.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
40.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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
▲25%
Now £1.4m
Cash at bank
▲6%
Now £4.8m
Headcount
▲17%
Now 28
Deferred income
▲2%
Now £5.3m
Fixed assets
▼10%
Now £29.3k

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

Subsidiaries (3)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £580k), from the Companies House accounts bulk data published May 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.