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Travel Indochina Limited

05250591

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

MELCOMBE PLACE MARYLEBONE STATION, MARYLEBONE
Incorporated 05/10/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

79110
Travel agency activities

Officers

Mr Marc Sievert

director · Since 30/06/2019

COMMERCIAL DIRECTOR

GERMAN · GERMANY · Age 55

Also on 1 other board

Mr Frank-Hasso Wiegand

director · Since 30/06/2019

COMMERCIAL DIRECTOR

GERMAN · GERMANY · Age 66

Also on 1 other board

Persons with Significant Control

Frank-Hasso Wiegand

Significant control

German · Germany · Age 66

Melcombe Place, 12 Melcombe Place, London, NW1 6JJ

Notified 24/01/2022

Marc Sievert

Significant control

German · Germany · Age 55

Melcombe Place, 12 Melcombe Place, London, NW1 6JJ

Notified 24/01/2022

Former PSCs

Ceased 2019-06-30T00:00:00Z

CompanyRankvs 1554+ SIC 79110 peers
64

Financial strength96th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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1554Travel Indochina Limited
70
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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

not create a material uncertainty about the company’s ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. true The ultimate parent undertaking has agreed to provide sufficient funds for the foreseeable futu

Key FinancialsYear ending 30/06/2024

Net Worth

£452k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£468k

Working capital

Current Assets

£1.9M

Current Liabilities

£2.4M

Fixed Assets

£268

Debtors

£1.9M

5avg. employees

Balance Sheet

Assets less current liabilities-£468k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80+£0
20231.01+£0
20221.59+£0
20212.91—

Derived from filed accounts. Not audited figures.