GBT TRAVEL SERVICES UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-27 (in 6mo)
Last made up 2025-11-13
Watchouts
None on the register
Cash
£16M
-63.4% vs 2023
Net assets
£2B
-1.4% vs 2023
Employees
1,727
-0.6% vs 2023
Profit before tax
-£19M
+41% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £608,066,716 | £935,818,384 | |
| Operating profit | £37,334,322 | £9,816,901 | |
| Profit before tax | -£32,377,317 | -£19,114,900 | |
| Net profit | -£31,366,197 | -£24,510,749 | |
| Cash | £42,349,148 | £15,513,714 | |
| Total assets less current liabilities | £1,731,040,771 | £1,692,344,700 | |
| Net assets | £1,637,881,394 | £1,615,587,102 | |
| Equity | £1,637,881,394 | £1,615,587,102 | |
| Average employees | 1,738 | 1,727 | |
| Wages | £81,951,075 | £81,790,956 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 6.1% | 1.0% | |
| Net margin | -5.2% | -2.6% | |
| Return on capital employed | 2.2% | 0.6% | |
| Gearing (liabilities / total assets) | 28.7% | 31.5% | |
| Current ratio | 1.01x | 0.95x | |
| Interest cover | 0.54x | 0.15x |
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
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on a going concern basis, which the directors consider to be appropriate. After reviewing the Group's forecasts and projections, which cover the 12-month period from the date of signing the financial statements, the directors have a reasonable expectation that the Group and Company have adequate resources to continue in operational existence for the foreseeable future. They have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's, Group's, or the Parent Company's ability to continue as a going concern.”
Group structure
- GBT TRAVEL SERVICES UK LIMITED · parent
- 30 SecondsToFly (Thailand) Co., Ltd. 100%
- ATLAS REISEN GmbH 100%
- Banks and Sadler Inc. 100%
- Egencia (China) Information Technology Co., Ltd. 100%
- Egencia Australia Pty Limited 100%
Significant events
- “On 22 January 2025 Banks Sadler SARL (France) was liquidated and dissolved.”
- “On 6 January 2025 Hogg Robinson Business Travel Hungary Limited Liability Company was liquidated and dissolved.”
- “On 25 February 2025 Wilson Albany Limited, H T General Agency Limited and Hogg Robinson (Transport and Financial Services) Dormants Limited were dissolved.”
- “On 25th May 2025 Hogg Robinson Australia Pty Ltd was dissolved and de-registered.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOCK, Eric | Secretary | 2020-03-03 | — | — |
| ABBOTT, Paul Gordon | Director | 2020-03-03 | Jul 1968 | British |
| BOCK, Eric John | Director | 2015-05-06 | Apr 1965 | American |
| WILLIAMS, Karen Anne | Director | 2023-06-09 | May 1975 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| VARMA, Sheena | Secretary | 2015-05-06 | 2020-03-03 |
| CAREY, Kevin Fitzgerald | Director | 2013-11-13 | 2014-06-23 |
| CHEREQUE, Philippe Marie Charles | Director | 2015-05-06 | 2020-03-03 |
| FENWICK, Lucy | Director | 2014-06-23 | 2015-05-06 |
| GEALL, Jason Matthew | Director | 2016-08-09 | 2020-03-03 |
| GEROW, Martine | Director | 2020-03-03 | 2023-06-09 |
| GIBSON, John Christopher | Director | 2018-11-09 | 2020-03-03 |
| HARIHARAN MAGESH, Champa | Director | 2014-06-23 | 2015-03-24 |
| HASELDEN, Peter Robert | Director | 2015-05-06 | 2016-08-09 |
| HAVERTY-STACKE, Dylan | Director | 2013-11-13 | 2014-06-23 |
| KLIMOVITCH, Dmitri | Director | 2014-06-23 | 2015-05-06 |
| KORAKIS, Emmanuel | Director | 2018-04-11 | 2018-09-28 |
| MACLEOD, Joanna Sutherland | Director | 2015-05-06 | 2020-03-03 |
| MASSEY, Elizabeth Caitlin | Director | 2013-11-13 | 2014-06-20 |
| SIVERSEN, Scott Eric | Director | 2015-05-06 | 2018-04-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gbt Uk Topco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-12-10 | Active |
| American Express Company | Corporate entity | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 104 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-27 | CH01 | officers | Change person director company with change date | |
| 2025-08-27 | AA | accounts | Accounts with accounts type full | |
| 2025-03-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-09-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-04 | CH01 | officers | Change person director company with change date | |
| 2023-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AA | accounts | Accounts with accounts type full | |
| 2023-06-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-12 | CH03 | officers | Change person secretary company with change date | |
| 2023-05-11 | CH01 | officers | Change person director company with change date | |
| 2023-03-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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 2024-12-31 vs 2023-12-31
-
Turnover
+53.9%
£608,066,716 £935,818,384
-
Cash
-63.4%
£42,349,148 £15,513,714
-
Net assets
-1.4%
£1,637,881,394 £1,615,587,102
-
Employees
-0.6%
1,738 1,727
-
Operating profit
-73.7%
£37,334,322 £9,816,901
-
Profit before tax
+41%
-£32,377,317 -£19,114,900
-
Wages
-0.2%
£81,951,075 £81,790,956
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