How much does Golf Travel Group Limited make?

Golf Travel Group Limited reported revenue of £21.7m and £276k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Golf Travel Group Limited have?

Golf Travel Group Limited reported an average of 25 employees in the year to 31 Dec 2024.

Is Golf Travel Group Limited profitable?

Yes — Golf Travel Group Limited reported a profit of £276k in the year to 31 Dec 2024.

Company No. 09924450 · Incorporated 21 Dec 2015

Golf Travel Group Limited

Registered name: GOLF TRAVEL GROUP LIMITED

Golf Travel Group Limited made £21.7m revenue and £276k profit in the year to 31 Dec 2024. read from filing text

Golf Travel Group Limited’s revenue grew 32% to £21.7m in the year to 31 Dec 2024, with £276k profit and 25 employees. The company is classified under “tour operator activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 79120Tour operator activities

Status: Active
Location: London, London
Age: 10 yrs · since 2015
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightCash flow filed

Revenue

£21.7m

Growth ▲31.7%

Profit

£276k

Growth ▲7.9%

Profit margin

1.3%

Gross 10.8%

Employees

Change ▲47.1%

Profit / employee

£11k

Revenue/employee £870k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£12.2m	£16.5m	£21.7m
Cost of sales	£10.9m	£15m	£19.4m
Gross profit	£1.3m	£1.5m	£2.4m
Operating profit	£337k	£329k	£461k
Profit before tax	£337k	£311k	£349k
Profit after tax	£249k	£256k	£276k
Profit (best available)	£249k	£256k	£276k
Employees (average)	16	17	25
Ratios
Profit margin	2%	1.6%	1.3%
Gross margin	10.4%	9.4%	10.8%
Revenue per employee	£763k	£971k	£870k
Profit per employee	£15.6k	£15.1k	£11k
Cash conversion	−28.8%	38.2%	−18%
Growth (year on year)
Revenue growth	—	▲35.1%	▲31.7%
Profit growth	—	▲2.8%	▲7.9%
Headcount growth	—	▲6.3%	▲47.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£186k	£334k	£98.7k
Net assets	£573k	£829k	£1.1m
Fixed assets	£35.1k	£26.1k	£140k
Current assets	£6.1m	£9m	£13.5m
Debtors	£5.7m	£8.5m	£12.3m
Deferred income	£5k	£46.1k	£10k
Cash from operations	−£97k	£126k	−£83.1k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 10.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £870k; Revenue ÷ average employees.
Profit per employee: £11k; Profit ÷ average employees.
Cash conversion: −18%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 56.7%; 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: ▲33%; Now £1.1m
Cash at bank: ▼70%; Now £98.7k
Headcount: ▲47%; Now 25
Deferred income: ▼78%; Now £10k
Fixed assets: ▲435%; Now £140k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £276k), from the Companies House accounts bulk data published Jan 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.