MIKI TRAVEL LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. MIKI TRAVEL LIMITED 1988-03-14 → present
2. TRAVELTIME LONDON LIMITED 1981-12-31 → 1988-03-14
3. DIKAPPA (NUMBER 184) LIMITED 1980-07-25 → 1981-12-31

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company is the purchasing hub of the Miki Group ("the Group") and will be supported by the Group companies including its parent, Group Miki Holdings ("GMH"), to ensure it has sufficient cash to trade within its terms. The GMH Directors have obtained a letter of support from HIS which undertakes to provide financial support to all subsidiaries of the Miki Group to enable them to: a) continue their business under normal conditions as a going concern; b) meet their commitments, both present and future, to the extent that the financial resources of the subsidiaries will not allow them to meet their commitments for at least 12 months from the date of signing the accounts for the year ended 31 July 2025. The letter also states that HIS has the financial resources to provide such support. The Company's Directors have concluded that in these circumstances the Company has the ability to continue trading on a going concern basis and will be able to realise its assets and discharge its liabilities in the normal course of business.”

Group structure

1. MIKI TRAVEL LIMITED · parent
   1. Miki Travel Consultancy (Shanghai) Limited 100% · China
   2. Miki Travel SDN. BHD 100% · Malaysia
   3. Miki Solutions Limited 10% · Thailand

Significant events

• “Headcount decreased during the year (from 158 to 128) due to the tupe transfer of 35 staff members to HIS-Miki UK as part of the abovementioned restructuring.”
• “The Company suffered a cyber-attack in February 2025 with no significant impact on the Company. Since then, the Company has strengthened its security measures and purchased a cyber insurance policy.”
• “Since March 2026 conflict in the Middle East has resulted in significant cancellations of Group travel (DMB) and the Company is expected to make a net loss for Q3 (February-April 2026) with further cancellations expected in Q4 (May-July 2026).”
• “On 24 November 2025 a working capital loan of €20 million plus interest totalling €338,301 was settled, with €10m remitted to HIS by GMH and €10m rolled forward under a new loan agreement repayable on 30 April 2026. The Company must repay €10m to GMH / HIS on 30 April 2026 and allow for a further €10m deduction from its July 2026 trade remittance.”
• “On the 13th of March 2026 HIS approved a further round of funding for GMH: €15m from 30 April 2026 to 30 November 2026 with interest at 2.75%, and €10m from 13 May 2026 to 31 August 2026 with interest at 2.75%.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +17%

  £181,451,540 → £212,373,010

• Cash

  -58.8%

  £28,487,376 → £11,735,938

• Net assets

  -156.9%

  £6,244,481 → -£3,554,677

• Employees

  -15.9%

  151 → 127

• Operating profit

  -654%

  -£1,273,608 → -£9,603,077

• Profit before tax

  -492.7%

  -£1,653,354 → -£9,799,157

• Wages

  -6.5%

  £7,916,805 → £7,401,731

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers