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Company No. 10109959 · Incorporated 7 Apr 2016

Destination 2 Limited

Registered name: DESTINATION 2 LIMITED

Part of Specialist Holidays Group Limited group

Destination 2 Limited made £91.9m revenue and £564k profit in the year to 31 Dec 2025. read from filing text

Destination 2 Limited’s revenue grew 7% to £91.9m in the year to 31 Dec 2025, with £564k profit and 46 employees. The company is classified under “travel agency activities” and is based in Chester; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 79110Travel agency activities
Status
Active
Location
Chester, North West
Age
10 yrs · since 2016
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. From the filing: “The company's intermediate and ultimate parent company is Travcorp Holdings Limited, a company incorporated in England and Wales. Travcorp Holdings Limited is the largest group into which the results ”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light
Revenue
£91.9m
Growth ▲6.6%
Profit
£564k
Growth ▼69.3%
Profit margin
0.6%
Gross 17%
Employees
46
Change ▲15%
Profit / employee
£12.3k
Revenue/employee £2m
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 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£70.4m£81.5m£86.3m£91.9m
Cost of sales£60m£69.5m£72m£76.3m
Gross profit£10.4m£12m£14.2m£15.6m
Operating profit£918k£246k£920k£19.9k
Profit before tax£925k£951k£2m£598k
Profit after tax£828k£899k£1.8m£564k
Profit (best available)£828k£899k£1.8m£564k
Staff costs£3.7m£3.9m£4m£5.2m
Employees (average)30374046
Ratios
Profit margin1.2%1.1%2.1%0.6%
Gross margin14.8%14.7%16.5%17%
Revenue per employee£2.3m£2.2m£2.2m£2m
Profit per employee£27.6k£24.3k£45.9k£12.3k
Growth (year on year)
Revenue growth—▲15.8%▲5.8%▲6.6%
Profit growth—▲8.6%▲104.3%▼69.3%
Headcount growth—▲23.3%▲8.1%▲15%
Balance sheet — indirect signals, not revenue
Cash at bank£18.4m£21.4m£23.6m£19.1m
Net assets£1.5m£2.2m£4.1m£1.4m
Fixed assets£150k£588k£1.1m£1.1m
Current assets£32.9m£39.3m£45.7m£36m
Debtors£14m£17.5m£21.1m£5.6m
Deferred income£823k£754k£760k£619k
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
0.6%
Profit ÷ revenue.
Gross margin
17%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£2m
Revenue ÷ average employees.
Profit per employee
£12.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.1%
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
▼64%
Now £1.4m
Cash at bank
▼19%
Now £19.1m
Headcount
▲15%
Now 46
Deferred income
▼19%
Now £619k
Fixed assets
▼0%
Now £1.1m

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. Specialist Holidays Group Limitedultimate parent75–100%
  2. Destination 2 Limitedthis company

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

Sister companies (7)

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 2025 (profit £564k), from the Companies House accounts bulk data published Jun 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.