TRAVEL INSURANCE FACILITIES PLC

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

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared forecasts, which show the company returning to profitability and having sufficient working capital to continue as a going concern. The forecasts continue to be refined as further business decisions are made. The parent company has provided support to date and confirmed its continued support. The Directors believe the Company has adequate resources and current and future sources of funding to continue in operational existence for the next 12 months and therefore they continue to adopt the going concern basis of accounting in preparing the annual financial statements. In auditing the financial statements, we have concluded that the director's 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 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. TRAVEL INSURANCE FACILITIES PLC · parent
   1. Travel Insurance Facilities UK Limited 100% · England Wales · Dormant
   2. Travel Insurance Explained Limited 100% · England Wales · Dormant

Significant events

• “During the year, the Company and its brands received multiple industry awards, recognising excellence in innovation, customer service, customer trust and the overall strength of the MGA.”
• “taken important steps to broaden our horizons by beginning to onboard new partnership business.”
• “made forward-looking investments in artificial intelligence initiatives.”

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

Filings

2

last 12 months

Capital events

3

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

  +7.3%

  £4,245,000 → £4,555,946

• Cash

  -30.2%

  £2,350,776 → £1,640,115

• Net assets

  -51.2%

  £892,487 → £435,832

• Employees

  -10%

  60 → 54

• Operating profit

  +15.6%

  -£1,568,819 → -£1,323,677

• Profit before tax

  +17.1%

  -£1,562,051 → -£1,294,226

• Wages

  -10.4%

  £2,335,267 → £2,092,950

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