GRAY DAWES TRAVEL LIMITED
Get an alert when GRAY DAWES TRAVEL LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-21 (in 2mo)
Last made up 2025-07-07
Watchouts
None on the register
Cash
£19M
-24.1% vs 2024
Net assets
£15M
+43% highest in 6 filed years
Employees
477
+48.1% highest in 6 filed years
Profit before tax
£13M
+24.9% highest in 4 filed years
Net assets
10-year trend · vs Consumer Discretionary median
Accounts
10-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-04-01 | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £8,798,502 | — | £2,293,879 | — | — | — | — | £38,908,409 | £53,285,114 | |
| Operating profit | — | £2,649,666 | — | -£647,552 | — | — | — | — | £9,921,874 | £12,167,808 | |
| Profit before tax | — | £2,511,690 | — | -£5,372,839 | — | — | — | — | £10,113,401 | £12,632,153 | |
| Net profit | — | £2,223,023 | — | -£5,044,568 | — | £2,931,784 | £4,677,791 | — | £6,921,097 | £8,700,177 | |
| Cash | — | £244,010 | — | £3,119,785 | — | £5,165,843 | £15,816,510 | — | £25,215,971 | £19,145,803 | |
| Total assets less current liabilities | — | £16,311,801 | — | £11,878,802 | — | £14,842,635 | £12,257,961 | — | £15,601,941 | £21,668,813 | |
| Net assets | — | £6,360,824 | — | £1,316,256 | — | — | — | — | £10,802,162 | £15,444,042 | |
| Equity | £5,137,801 | £6,360,824 | £6,360,824 | £1,316,256 | £1,316,256 | £4,248,040 | £7,675,831 | £7,675,831 | £10,802,162 | £15,444,042 | |
| Average employees | — | 132 | — | 136 | — | 107 | 204 | — | 322 | 477 | |
| Wages | — | £4,732,992 | — | £4,092,354 | — | — | — | — | £17,593,835 | £24,284,740 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-04-01 | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 30.1% | — | -28.2% | — | — | — | — | 25.5% | 22.8% | |
| Net margin | — | 25.3% | — | -219.9% | — | — | — | — | 17.8% | 16.3% | |
| Return on capital employed | — | 16.2% | — | -5.5% | — | — | — | — | 63.6% | 56.2% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | — | — | — | 87.2% | 81.9% | |
| Current ratio | — | — | — | — | — | — | — | — | 0.92x | 1.01x | |
| Interest cover | — | 16.35x | — | -5.13x | — | — | — | — | 30.84x | 49.67x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent 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.”
Group structure
- GRAY DAWES TRAVEL LIMITED · parent
- Amber Road Hotels Limited 100%
- Amber Road Travel Limited 100%
- Amethyst Corporate Enterprises Limited 100%
- Gray Dawes Holidays Limited 100%
- Gray Dawes Travel Pty Limited 100%
- Gray Dawes Travel (NZ) Pty Ltd 100%
- MP Travel Pty Limited 100%
- Verve Travel and Leisure Pty Ltd 100%
- Gray Dawes Travel Holding B.V. 100%
- VCK Travel B.V. 100%
- Express Travel of Miami, Inc. 100%
- General Wholesalers Travel & Tours Inc. 100%
- Gray Dawes Travel Inc. 100%
Significant events
- “The Group has grown through acquisition in the year, with the addition of General Wholesalers Travel and Tours Inc and Verve Travel and Leisure Pty complimenting the existing operations in USA and Australia respectively.”
- “The migration to a global technology stack has continued in the year and has been underscored by the signing of a long term partnership with Sabre to supply Global Distribution System (GDS) access globally.”
- “Acquistions in the year (and deferred payments on earlier acquisitions) have continued to be funded from existing resources and the group is on schedule to be debt free during the next financial year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALLARDICE, Richard Steven | Secretary | 2018-10-24 | — | — |
| BOR, Michael James | Director | 2014-05-01 | Jun 1962 | British |
| GLENAPP, Fergus James Kenneth, Viscount | Director | 2011-05-17 | Jul 1979 | British |
| HORNER, Suzanne Helen | Director | 2011-06-01 | Nov 1967 | British |
| INCHCAPE, Kenneth Peter Lyle, Earl Of Inchcape | Director | 2009-10-14 | Jan 1943 | British |
| MACKAY, James Jonathan Thorn, Hon | Director | 2015-07-24 | May 1947 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COWIE, Alexander Hendry Stuart | Secretary | 2004-06-01 | 2008-09-30 |
| CULHANE, Angela | Secretary | 2000-02-18 | 2002-04-26 |
| ENSOR, Steven Leslie | Secretary | — | 1995-08-29 |
| FRANCIS, Lorraine | Secretary | 2008-09-30 | 2011-09-15 |
| HOPKINS, Raymond John | Secretary | 1999-09-01 | 2000-02-18 |
| KNIGHT, Colin David | Secretary | 1997-06-27 | 1999-08-31 |
| LING, Anthony Mark | Secretary | 2002-04-26 | 2004-04-23 |
| SMITH, Nicola Anne | Secretary | 2011-10-17 | 2018-10-24 |
| STOTHARD, Neil Andrew | Secretary | 1995-08-29 | 1997-06-27 |
| ARMSTRONG, Colin Robert | Director | 1997-03-27 | 2009-07-31 |
| BARLOW, Andrew Norman | Director | 1992-11-01 | 2000-01-31 |
| CULHANE, Angela | Director | 2000-02-18 | 2003-10-10 |
| ENSOR, Steven Leslie | Director | — | 1995-08-29 |
| EVERSON, Matthew | Director | 2002-04-26 | 2002-07-05 |
| FARRELL, Glyn Gerald William | Director | 2004-03-01 | 2005-12-31 |
| GOODMAN, Melody Brook | Director | — | 1998-06-30 |
| HOPKINS, Jean Ann | Director | 2002-04-26 | 2010-08-20 |
| HOPKINS, Raymond John | Director | — | 2009-09-22 |
| HUTCHISON, John Andrew | Director | 2002-04-26 | 2003-04-17 |
| LING, Anthony Mark | Director | 2003-01-03 | 2004-04-23 |
| REMIAS, Vanessa Louise | Director | 2002-04-26 | 2003-01-13 |
| SMITH, Spencer Richard | Director | 1999-05-04 | 2001-05-24 |
| STOTHARD, Neil Andrew | Director | 1995-03-21 | 1997-06-27 |
| STUDD, Edward Fairfax, Sir | Director | — | 1996-06-06 |
| THOMPSON, David Frederick | Director | 1998-05-13 | 1999-09-10 |
| TURNBULL, Christopher James | Director | — | 1995-09-18 |
| WHITING, Nigel John | Director | 2002-04-26 | 2007-05-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Inchcape Family Estates | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 174 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-16 | AA | accounts | Accounts with accounts type group | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-09 | AA | accounts | Accounts with accounts type group | |
| 2025-01-09 | ANNOTATION | miscellaneous | Legacy | |
| 2024-09-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-14 | AA | accounts | Accounts with accounts type group | |
| 2023-09-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-21 | AA | accounts | Accounts with accounts type full | |
| 2022-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-24 | AA | accounts | Accounts with accounts type full | |
| 2021-09-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-26 | AA | accounts | Accounts with accounts type full | |
| 2020-09-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-11-27 | AA | accounts | Accounts with accounts type full | |
| 2019-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-10-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2018-10-24 | AP03 | officers | Appoint person secretary company with name date | |
| 2018-10-09 | AA | accounts | Accounts with accounts type full | |
| 2018-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+37%
£38,908,409 £53,285,114
highest in 4 filed years
-
Cash
-24.1%
£25,215,971 £19,145,803
-
Net assets
+43%
£10,802,162 £15,444,042
highest in 4 filed years
-
Employees
+48.1%
322 477
highest in 6 filed years
-
Operating profit
+22.6%
£9,921,874 £12,167,808
highest in 4 filed years
-
Profit before tax
+24.9%
£10,113,401 £12,632,153
highest in 4 filed years
-
Wages
+38%
£17,593,835 £24,284,740
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers