UK Companies House feature
IONIAN ISLAND HOLIDAYS LTD
Cash
£7M
+17.3% vs 2023
Net assets
£5M
+29% vs 2023
Employees
13
0% vs 2023
Profit before tax
£2M
+55.9% vs 2023
Profile
- Company number
- 04352657
- Status
- Active
- Incorporation
- 2002-01-14
- Last accounts made up
- 2024-10-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
10-year trend · vs UK AI & Enterprise SaaS median
IONIAN ISLAND HOLIDAYS LTD
IONIAN ISLAND HOLIDAYS LTD
IONIAN ISLAND HOLIDAYS LTD
IONIAN ISLAND HOLIDAYS LTD
Accounts
10-year trend · latest 2024-10-31
| Metric | Trend | 2019-10-31 | 2019-11-01 | 2020-10-31 | 2020-11-01 | 2021-10-31 | 2021-11-01 | 2022-10-31 | 2022-11-01 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | £14,802,239 | — | £14,716,189 | £15,699,583 | |
| Operating profit | — | — | — | — | — | — | £2,503,253 | — | £1,175,137 | £1,628,382 | |
| Profit before tax | — | — | — | — | — | — | £2,475,396 | — | £1,102,986 | £1,720,083 | |
| Net profit | £468,363 | — | -£328,005 | — | £111,474 | — | £2,005,838 | — | £851,616 | £1,280,656 | |
| Cash | £2,813,949 | — | £3,259,339 | — | £4,476,651 | — | £6,286,587 | £6,286,587 | £5,704,275 | £6,692,564 | |
| Total assets less current liabilities | £1,720,543 | — | £2,400,897 | — | £2,824,032 | — | £4,465,100 | — | £4,898,784 | £5,800,355 | |
| Net assets | £1,713,654 | — | £1,281,649 | — | £1,393,123 | — | £3,394,961 | — | £4,172,577 | £5,383,233 | |
| Equity | £1,713,654 | £1,713,654 | £1,281,649 | £1,281,649 | £1,393,123 | £1,393,123 | £3,394,961 | £3,394,961 | £4,172,577 | £5,383,233 | |
| Average employees | 15 | — | 12 | — | 12 | — | 12 | — | 13 | 13 | |
| Wages | — | — | — | — | — | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors remain confident in the company's ability to operate as a going concern, supported by robust cash flows and prudent financial management.”
Subsidiaries
- Ionian Island (Flights) Limited · 1% held · England and Wales
Significant events
- “Despite challenging trading conditions, including the disruptive effects of the UK's July general election, the Summer Olympics, and the UEFA Euro Championships, the company achieved notable growth in both turnover and profitability.”
- “Reduced early and late-season flight commitments. Secured favourable fuel rates for committed flights. Hedged currency requirements to minimise exposure to foreign exchange volatility.”
- “Continued pursuit of favourable contracts with accommodation and service providers to ensure competitive pricing.”
- “Flooding in Pelion (Early September): The region experienced severe flooding in early September, leading to substantial damage to our resorts in the area. This natural disaster necessitated the complete shutdown of the resort for the remainder of the season. As a result, the Company incurred considerable losses due to: • The financial impact of transferring clients to alternative resorts as well as processing cancellations of bookings. • Loss of revenue for the period the resort remained non-operational. 2. Forest Fires in Northeast Corfu (4th July): A significant forest fire in the northeast part of Corfu posed a risk to the resort and the safety of guests. To ensure their well-being as a precautionary measure the Company promptly relocated all customers to safer locations. This emergency led to additional costs, including • Transportation and accommodation expenses for relocated guests. • Refunds to affected customers.”
- “On 13 August 2024 Ionian 1 Limited acquired the entire share capital by way of a group restructuring process.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MATSOUKIS, Alexandros | Director | 2002-05-21 | Sep 1981 | Greek |
| PATRIKIOS, Dimitrios | Director | 2002-05-21 | Feb 1963 | Greek |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NEILSON, Heidi Susan | Secretary | 2002-01-14 | 2013-11-05 |
| APPLETON SECRETARIES LIMITED | Corporate Nominee Secretary | 2002-01-14 | 2002-01-14 |
| NEILSON, Barrie Edward | Director | 2002-01-14 | 2013-11-05 |
| APPLETON DIRECTORS LIMITED | Corporate Nominee Director | 2002-01-14 | 2002-01-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ionian 1 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-08-13 | Active |
| Iih Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-08-13 |
Filing timeline
Last 20 of 90 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-24 | AA01 | accounts | change account reference date company current shortened |
| 2025-07-29 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-07-23 | AA | accounts | accounts with accounts type full |
| 2025-06-03 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-25 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-08-13 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-08-13 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-06-24 | AA | accounts | accounts with accounts type full |
| 2024-04-09 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-02-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-21 | AA | accounts | accounts with accounts type small |
| 2023-02-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-12-02 | CH01 | officers | change person director company with change date |
| 2022-07-13 | AA | accounts | accounts with accounts type small |
| 2022-03-21 | AAMD | accounts | accounts amended with accounts type small |
| 2022-02-18 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-02-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-07-21 | AA | accounts | accounts with accounts type small |
| 2021-01-21 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2024-10-31
7.01
SAFE
Altman Z″
- Working capital / Total assets 0.625 × 6.56 = +4.10
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.186 × 6.72 = +1.25
- Book equity / Total liabilities 1.586 × 1.05 = +1.67
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.