Tour Partner Group Limited
Registered name: TOUR PARTNER GROUP LIMITED
Part of Mayfair Equity Partners LLP groupTour Partner Group Limited made £5.1m revenue and a £10.1m loss in the year to 31 Dec 2024.
Tour Partner Group Limited’s revenue grew 16% to £5.1m in the year to 31 Dec 2024, with a loss of £10.1m and 36 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £0 | £4.4m | £5.1m |
| Gross profit | — | £0 | £4.4m | £5.1m |
| Operating profit | −£3.9m | −£2.3m | −£1.8m | −£5.2m |
| Profit before tax | −£6.2m | −£5.5m | −£5.9m | −£10.1m |
| Profit after tax | −£6.2m | −£5.4m | −£5.9m | −£10.1m |
| Profit (best available) | −£6.2m | −£5.4m | −£5.9m | −£10.1m |
| Staff costs | £1.1m | £2.1m | £3.5m | £4.6m |
| Employees (average) | 21 | 28 | 28 | 36 |
| Ratios | ||||
| Profit margin | — | — | −134.2% | −199% |
| Gross margin | — | — | 100% | 100% |
| Revenue per employee | — | £0 | £157k | £141k |
| Profit per employee | −£296k | −£194k | −£211k | −£281k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲15.7% |
| Headcount growth | — | ▲33.3% | 0% | ▲28.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.4m | £66.2k | £17.2k | £559k |
| Net assets | −£20.3m | −£25.8m | −£31.7m | −£41.8m |
| Fixed assets | £51.3m | £51.2m | £51.4m | £52.1m |
| Current assets | £21.7m | £23.9m | £22.5m | £23.5m |
| Debtors | £20.3m | £23.8m | £22.5m | £23m |
| Deferred income | £18.3k | £158k | £23k | £832k |
| 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
- −199%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £141k
- Revenue ÷ average employees.
- Profit per employee
- −£281k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1025%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 16.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 451.9%
- 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
- —
- Now −£41.8m
- Cash at bank
- ▲3149%
- Now £559k
- Headcount
- ▲29%
- Now 36
- Deferred income
- ▲3515%
- Now £832k
- Fixed assets
- ▲1%
- Now £52.1m
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 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Tour Partner Group UK LtdRev. £57.2m · Profit £1.7m
- Experience Scotland Conference and Incentives LimitedRev. — · Profit £362k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£10.1m), 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.