TRAVEL REPUBLIC LTD

1. TRAVEL REPUBLIC LTD 2005-02-24 → present
2. EDGE SOFTWARE SYSTEMS LIMITED 2003-08-01 → 2005-02-24

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company meets its day-to-day working capital requirements through its cash reserves, intercompany borrowings and a revolving credit facility. A letter of support has been obtained from dnata, intermediate parent company, who have confirmed they will continue to support the Company and provide any further intercompany financing, if required, for a period of at least 12 months from the date of approval of the financial statements. After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least 12 months from the date of approving these financial statements. The Company therefore, continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “On August 22nd 2024, the Company undertook a capital reduction exercise by means of the solvency statement procedure under section 642 of the Companies Act 2006, converting £64,977,622 of share premium to retained profit and in so doing, improved the Company's distributable reserves position. Following this exercise, the Company's share premium was reduced to nil.”

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

2

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

  -9%

  £141,151,000 → £128,474,000

• Cash

  +377.2%

  £952,000 → £4,543,000

• Net assets

  -74.8%

  -£4,832,000 → -£8,445,000

• Employees

  -5.1%

  79 → 75

• Operating profit

  -11.6%

  -£4,993,000 → -£5,570,000

• Profit before tax

  -12.9%

  -£4,277,000 → -£4,828,000

• Wages

  -34%

  £2,821,000 → £1,863,000

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