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Destinology Limited

04293908

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

42 HIGH STREET, NORTHWOOD, HA6 1BL
Incorporated 26/09/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

79120
Tour operator activities

Officers

Mr Brian Cassidy

director · Since 20/10/2020

DIRECTOR

BRITISH · SCOTLAND · Age 57

Also on 17 other boards

Mr Rick Green

director · Since 20/10/2020

DIRECTOR

BRITISH · SCOTLAND · Age 64

Also on 9 other boards

Mr Duncan Campbell Wilson

director · Since 20/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Persons with Significant Control

Brooklyn Travel Limited

75–100% shares
75–100% votes
Appoint directors

42, High Street, Northwood, HA6 1BL

Reg: 11519712 · Companies House Register · Private Limited Company

Notified 20/10/2020

Former PSCs

St&H Limited

Ceased 20/10/2020

Mr Dominic James Speakman

Ceased 11/04/2017

Charges0 outstanding

charge
satisfied

BANK OF SCOTLAND PLC

Created 17/03/2010Registered 19/03/2010Satisfied 12/06/2015
charge
satisfied

BANK OF SCOTLAND PLC

Created 01/03/2009Registered 12/03/2009Satisfied 12/06/2015
charge
satisfied

CLYDESDALE BANK PLC

Created 22/02/2007Registered 15/03/2007Satisfied 04/07/2014
charge
satisfied

CLYDESDALE BANK PUBLIC LIMITED COMPANY

Created 16/02/2006Registered 18/02/2006Satisfied 07/04/2014
charge
satisfied

CLYDESDALE BANK PUBLIC LIMITED COMPANY

Created 26/04/2005Registered 07/05/2005Satisfied 06/05/2014
charge
satisfied

YORKSHIRE BANK PLC

Created 21/01/2003Registered 28/01/2003Satisfied 06/05/2014

CompanyRankvs 2450+ SIC 79120 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£59.7M

Annual revenue

Net Worth

£2.2M

Balance sheet strength

Cash

£8.2M

Cash in the bank

Profit Before Tax

£789k

Bottom line earnings

Net Current Assets

£1.7M

Working capital

Current Assets

£20.1M

Current Liabilities

£18.3M

Fixed Assets

£440k

Debtors

£11.8M

Cost of Sales

£52.4M

Gross Profit

£7.3M

Admin Expenses

£7.2M

Operating Profit

£336k

Profit After Tax

£587k

111avg. employees

Tax at Year End

Corp tax£76k

People Costs

Wages & salaries£4.3M
NI contributions£469k

Balance Sheet

Intangible assets£348k
Assets less current liabilities£2.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.10+£587k
20231.08+£437k
20221.07+£1.1M
20211.00

Derived from filed accounts. Not audited figures.