GOLDEN TOURS LTD

1. GOLDEN TOURS LTD 1997-12-23 → present
2. TRAVEL & ENTERTAINMENT MANAGEMENT LIMITED 1991-05-09 → 1997-12-23

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 102

Reporting scope

Consolidated group

Auditor

Amey Kamp LLP

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

1. GOLDEN TOURS LTD · parent
   1. Golden Tours Sightseeing Ltd 100% · England · open top up bus services
   2. Things to do Ltd 100% · England · organise events
   3. The London Tour Bus Company Limited 100% · England
   4. London Splash Tours Limited 100% · England
   5. Golden Tours Transport Limited 100% · England · transport services
   6. Open Top Tours Ltd 100% · England
   7. Open Top Tours London Ltd 100% · England
   8. Golden Tours World Limited 100% · England
   9. Dining Experiences Ltd 100% · England · sale of dining experiences in an agency capacity
   10. Hop On Hop Off Plus Ltd 100% · England · sale of bus tour tickets in an agency capacity
   11. Golden Tours UK Ltd 100% · England
   12. UK Experience Group Ltd 100% · England
   13. GT Kitchen Ltd 100% · England
   14. VP Property Investment Ltd 100% · England · letting and operation of own or leased real estate
   15. Global Sightseeing Pvt Ltd 99.99% · India · providing back office support to the parent company

Significant events

• “The Group acquired its first electric double-decker bus during the year for its day experience service to Warner Bros. Studio Tour London. In addition, all Hop-on Hop-off vehicles were refurbished to include a new audio-commentary system to enhance the customer experience and provide additional functionality.”
• “Post year-end, the Group has undergone a rebrand of its Hop-on Hop-off service to incorporate the red colour of London's iconic buses bringing the aesthetic look of the vehicles in line with consumer expectations.”
• “At the time of writing this report, the Group expects to receive delivery of several repowered electric vehicles for its services as it continues to strive towards zero-emissions.”
• “On 1st October 2023 the company acquired a further 50% of shareholding in VP Property Investment Ltd. The company now owns 100% ordinary share capital of VP Property Investment Ltd.”
• “On 1st October 2023 the company also acquired 99.99% of the ordinary share capital of Global Sightseeing Pvt Ltd, India based company.”
• “On 1st January 2024 the company sold 100% shareholding in 1305 Casson Ltd, 1405 Casson Ltd and 115 Lanark Ltd. These companies are no longer subsidiaries of the company.”
• “Golden Tours York Ltd, an associate company, dissolved on 26 November 2024.”
• “The group has entered into contract for buying new coaches and converting some existing vehicles to electric engines.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +11.2%

  £68,304,170 → £75,954,495

• Cash

  +7.3%

  £17,906,277 → £19,210,868

• Net assets

  -14.5%

  £22,907,831 → £19,579,368

• Employees

  +54.4%

  160 → 247

• Operating profit

  -9%

  £10,661,933 → £9,705,949

• Profit before tax

  -8.1%

  £11,000,856 → £10,112,350

• Wages

  +51.1%

  £5,461,967 → £8,251,871

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