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Company No. 07413801 · Incorporated 20 Oct 2010

Clarity Travel Limited

Registered name: CLARITY TRAVEL LIMITED

Part of The Portman Travel Group Limited group

Clarity Travel Limited made £32.8m revenue and £23.2m profit in the year to 31 Dec 2023.

Clarity Travel Limited’s revenue grew 49% to £32.8m in the year to 31 Dec 2023, with £23.2m profit and 375 employees. The company is classified under “other reservation service activities” and is based in Manchester; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 79909Other reservation service activities n.e.c.SIC 82990Other business support service activities n.e.c.
Status
Active
Location
Manchester, North West
Age
15 yrs · since 2010
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.

Latest accounts · year to 31 Dec 2023

Key figures

Operating leverage
Revenue
£32.8m
Growth ▲49.4%
Profit
£23.2m
Growth ▲7592%
Profit margin
70.7%
Gross 96.5%
Employees
375
Change ▲23.8%
Profit / employee
£61.7k
Revenue/employee £87.3k
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 to31 Dec 202231 Dec 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£21.9m£32.8m
Cost of sales£1.2m£1.1m
Gross profit£20.7m£31.6m
Operating profit£232k£26.1m
Profit before tax−£612k£23.7m
Profit after tax£301k£23.2m
Profit (best available)£301k£23.2m
Staff costs£12.2m£15.9m
Employees (average)303375
Ratios
Profit margin1.4%70.7%
Gross margin94.6%96.5%
Revenue per employee£72.3k£87.3k
Profit per employee£993£61.7k
Growth (year on year)
Revenue growth—▲49.4%
Profit growth—▲7592%
Headcount growth—▲23.8%
Balance sheet — indirect signals, not revenue
Cash at bank£2.3m£28k
Net assets£2.9m£27.4m
Fixed assets£12.4m£75.4m
Current assets£60.4m£66.6m
Debtors£42.6m£39m
Deferred income£7.1m£3.7m
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024
Derived from the latest filing

How the business works

Profit margin
70.7%
Profit ÷ revenue.
Gross margin
96.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£87.3k
Revenue ÷ average employees.
Profit per employee
£61.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
230.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
11.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
119.1%
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
▲843%
Now £27.4m
Cash at bank
▼99%
Now £28k
Headcount
▲24%
Now 375
Deferred income
▼48%
Now £3.7m
Fixed assets
▲506%
Now £75.4m

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

  1. The Portman Travel Group Limitedultimate parent75–100%
  2. Clarity Travel Limitedthis company

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

Subsidiaries (3)

Sister companies (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 Dec 2023 (profit £23.2m), 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.