Freedom Destinations Limited
Registered name: FREEDOM DESTINATIONS LIMITED
Freedom Destinations Limited made £26.6m revenue and £1.3m profit in the year to 31 Mar 2026.
Freedom Destinations Limited’s revenue grew 7% to £26.6m in the year to 31 Mar 2026, with £1.3m profit and 55 employees. The company is classified under “travel agency activities” and is based in Hertford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hertford, East of England
- Age
- 25 yrs · since 2001
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £21m | £24.8m | £26.6m |
| Cost of sales | £16.4m | £20.1m | £21.5m |
| Gross profit | £4.6m | £4.8m | £5.1m |
| Operating profit | £2.1m | £1.7m | £1.5m |
| Profit before tax | £2.3m | £1.9m | £1.7m |
| Profit after tax | £1.7m | £1.4m | £1.3m |
| Profit (best available) | £1.7m | £1.4m | £1.3m |
| Staff costs | £1.5m | £1.8m | £2.1m |
| Employees (average) | 46 | 53 | 55 |
| Ratios | |||
| Profit margin | 8.3% | 5.6% | 4.8% |
| Gross margin | 22.1% | 19.2% | 19.1% |
| Revenue per employee | £457k | £468k | £483k |
| Profit per employee | £37.9k | £26.3k | £23.2k |
| Cash conversion | −104.3% | −98.9% | −155.9% |
| Growth (year on year) | |||
| Revenue growth | — | ▲18% | ▲7.1% |
| Profit growth | — | ▼19.9% | ▼8.5% |
| Headcount growth | — | ▲15.2% | ▲3.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.8m | £7.3m | £9.1m |
| Net assets | £4.3m | £5.7m | £6.9m |
| Fixed assets | £206 | £0 | £0 |
| Current assets | £13.1m | £17m | £18.9m |
| Debtors | £7.2m | £9.7m | £9.8m |
| Cash from operations | −£2.2m | −£1.6m | −£2.3m |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 4.8%
- Profit ÷ revenue.
- Gross margin
- 19.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £483k
- Revenue ÷ average employees.
- Profit per employee
- £23.2k
- Profit ÷ average employees.
- Cash conversion
- −155.9%
- 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
- 36.7%
- 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
- ▲22%
- Now £6.9m
- Cash at bank
- ▲25%
- Now £9.1m
- Headcount
- ▲4%
- Now 55
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Similar profitable businesses
- Expat Explore Travel LtdLondon · Travel agency activities
- Revenue
- £26.5m
- Profit
- £458k
- Staff
- 28
- Bolsover Cruise Club LimitedMansfield · Travel agency activities
- Revenue
- £26.7m
- Profit
- £4.5m
- Staff
- 153
- Angela Shanley Associates LimitedLondon · Travel agency activities
- Revenue
- £27.9m
- Profit
- £606k
- Staff
- 82
- Diversity Travel LimitedManchester · Travel agency activities
- Revenue
- £28.3m
- Profit
- £2.6m
- Staff
- 269
- A.c.tours LimitedLondon · Travel agency activities
- Revenue
- £24.6m
- Profit
- £868k
- Staff
- 65
- Inteletravel UK LimitedRichmond · Travel agency activities
- Revenue
- £23.9m
- Profit
- £2.2m
- Staff
- 10
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £1.3m), from the Companies House accounts bulk data published Jul 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.