EXPLORE WORLDWIDE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-10-31
Confirmation statement due
2026-11-28 (in 6mo)
Last made up 2025-11-14
Watchouts
None on the register
Cash
£8M
+72.2% vs 2023
Net assets
£683K
+134.7% vs 2023
Employees
94
+11.9% vs 2023
Profit before tax
£3M
+496.7% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-10-31
| Metric | Trend | 2023-10-31 | 2024-10-31 |
|---|---|---|---|
| Turnover | £47,835,000 | £53,903,000 | |
| Operating profit | £734,000 | £3,147,000 | |
| Profit before tax | £518,000 | £3,091,000 | |
| Net profit | -£71,000 | £2,851,000 | |
| Cash | £4,512,000 | £7,769,000 | |
| Total assets less current liabilities | -£1,970,000 | £683,000 | |
| Net assets | -£1,970,000 | £683,000 | |
| Equity | -£1,970,000 | £683,000 | |
| Average employees | 84 | 94 | |
| Wages | £4,038,000 | £4,002,000 |
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 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|
| Operating margin | 1.5% | 5.8% | |
| Net margin | -0.1% | 5.3% | |
| Return on capital employed | -37.3% | 460.8% | |
| Gearing (liabilities / total assets) | 110.0% | 97.1% | |
| Current ratio | 0.73x | 0.80x | |
| Interest cover | 5.10x | 14.11x |
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
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having made these enquiries, the Directors are satisfied that the current trading and projections along with the ability and intention of current and future shareholders to provide the support that has been committed, result in it being appropriate to prepare the accounts on the basis of a going concern.”
Group structure
- EXPLORE WORLDWIDE LIMITED · parent
- Explore Aviation Limited 100%
- Adventure Travel Experience Inc 100%
- Explore Worldwide Australia Pty 100%
- Explore Worldwide Adventures Ltd 100%
Significant events
- “In the middle of December 2023, the Hotelplan (UK Group) Limited and its subsidiaries experienced a cyber-attack. The incident was dealt with efficiently with limited business disruption. Explore Worldwide Limited was fully operational by the beginning of January 2024 for the peak sales period.”
- “In January 2024, Explore Worldwide Adventures Ltd, a Canadian dormant entity, was reactivated and moved from British Columbia to Ontario where a new office has been set up.”
- “Received B Corp Certification accreditation in February 2024.”
- “In 2024, the Federation of Migros Co-operatives, the Company's ultimate parent, announced its intention to divest the Hotelplan Group. On February 12 2025, REWE Group was announced as the new ultimate parent.”
- “On the 24th of January 2023, Explore Worldwide Australia Pty was incorporated and the shares acquired by Explore Worldwide Limited.”
- “On the 31st March 2023 Náttúra Yurtel ehf was sold to a third party.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARTLEY, Shannon Kirsty | Secretary | 2020-04-28 | — | — |
| EDWARDS, Michael Dean | Director | 2021-10-01 | May 1968 | British |
| FORWARD, Tony Jonathan Alan | Director | 2025-02-01 | Dec 1979 | English |
| QUINLISK, Matthew | Director | 2025-08-28 | Jul 1982 | British |
| TORRILLA, Francis Peter | Director | 2025-08-28 | Sep 1960 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COX, Travers Vincent | Secretary | — | 2000-02-22 |
| CULLEN, Dominique | Secretary | 2015-02-20 | 2015-12-01 |
| MAY, Timothy William | Secretary | 2014-10-30 | 2015-02-20 |
| MICHEL, Carl Heinrich | Secretary | 2005-09-16 | 2005-09-16 |
| STEWART, Andrew | Secretary | 2015-12-01 | 2020-04-28 |
| VICKERS, Julie Alison | Secretary | 2000-02-22 | 2004-09-28 |
| WILLIAMSON, Alexandra Dilys | Secretary | 2004-09-28 | 2014-10-30 |
| ANSTEAD, Nicholas William | Director | 2004-05-01 | 2005-10-31 |
| ATKINSON, Richard Westaway | Director | 2000-02-22 | 2005-09-16 |
| BADDELEY, Robert Gregory | Director | 2000-02-22 | 2010-12-31 |
| BALI, Navneet | Director | 2012-05-17 | 2015-12-01 |
| BRIGHT, Neil Irvine | Director | 2011-01-01 | 2012-07-06 |
| BURROWS, Carl Peter | Director | 2008-10-06 | 2015-06-10 |
| CARTER, Paul Andrew | Director | 2017-05-01 | 2020-11-01 |
| COOK, Derek Thomas Henry | Director | — | 1997-05-02 |
| COX, Travers Vincent | Director | — | 2001-10-31 |
| DAVIES, Martin William Oliver | Director | 2010-04-20 | 2012-09-20 |
| FIELD, Joanne Elizabeth | Director | 2001-12-10 | 2002-09-27 |
| FITZGERALD, Marcus | Director | 2020-04-28 | 2021-01-01 |
| GOENKA, Abhishek | Director | 2014-10-30 | 2015-12-01 |
| KERKAR, Ajay Ajit Peter | Director | 2012-07-30 | 2015-12-01 |
| MAY, Timothy William | Director | 2009-10-01 | 2015-12-01 |
| MCILWRAITH, William Anthony | Director | 1999-05-04 | 2003-09-23 |
| MENON, Ajit Paramparambath | Director | 2012-07-30 | 2015-12-01 |
| MICHEL, Carl Heinrich | Director | 2005-09-16 | 2009-09-30 |
| MOORE, Derek | Director | — | 2007-01-15 |
| NEWSOM, Peter | Director | — | 1999-07-08 |
| PARSELLE, Colin James | Director | 2021-01-01 | 2025-03-19 |
| PERRIN, Andrew Marshallsey | Director | 2015-12-01 | 2015-12-01 |
| PERRIN, Andrew Marshallsey | Director | 2015-12-01 | 2017-05-01 |
| PONTE, Joseph Edward | Director | 2018-07-17 | 2025-08-28 |
| TELFER, John | Director | 2008-05-01 | 2021-10-01 |
| TOBIN, Simon John | Director | 2001-12-10 | 2009-02-27 |
| TOFT, Ashley Paul | Director | 2004-05-01 | 2017-10-25 |
| TYLER, Michael | Director | 2002-08-01 | 2014-05-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hotelplan (U.K. Group) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 223 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-21 MA Memorandum articles
- 2024-06-21 RESOLUTIONS Resolution
- 2024-06-20 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-24 | AA01 | accounts | Change account reference date company current extended | |
| 2025-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-03 | AA | accounts | Accounts with accounts type full | |
| 2025-03-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-21 | MA | incorporation | Memorandum articles | |
| 2024-06-21 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-20 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-04-17 | AA | accounts | Accounts with accounts type full | |
| 2023-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-20 | AA | accounts | Accounts with accounts type full | |
| 2022-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-25 | AA | accounts | Accounts with accounts type full | |
| 2021-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-13 | CH01 | officers | Change person director company with change date | |
| 2021-10-12 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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
FY2023 → FY2024 · period ending 2024-10-31 vs 2023-10-31
-
Turnover
+12.7%
£47,835,000 £53,903,000
-
Cash
+72.2%
£4,512,000 £7,769,000
-
Net assets
+134.7%
-£1,970,000 £683,000
-
Employees
+11.9%
84 94
-
Operating profit
+328.7%
£734,000 £3,147,000
-
Profit before tax
+496.7%
£518,000 £3,091,000
-
Wages
-0.9%
£4,038,000 £4,002,000
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