UK Companies House feature
WORLD TRAVEL PROTECTION LIMITED
Cash
£2M
+74.2% vs 2023
Net assets
£84K
-95.2% vs 2023
Employees
0
Average over period
Profit before tax
-£2M
-128.1% vs 2023
Profile
- Company number
- 10577959
- Status
- Active
- Incorporation
- 2017-01-23
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 66190
- Hubs
- UK Fintech
Net assets
5-year trend · vs UK Fintech median
Accounts
5-year trend · latest 2024-12-31
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £434,928 | £1,994,516 | |
| Operating profit | — | -£7,219,563 | — | -£993,479 | -£2,266,038 | |
| Profit before tax | — | -£32,070 | — | -£993,479 | -£2,266,038 | |
| Net profit | — | -£40,447 | — | -£771,655 | -£1,672,852 | |
| Cash | — | — | — | £945,147 | £1,646,805 | |
| Total assets less current liabilities | — | £28,371 | — | £1,756,716 | £214,311 | |
| Net assets | — | £28,371 | — | £1,756,716 | £83,864 | |
| Equity | £6,748,818 | £28,371 | £28,371 | £1,756,716 | £83,864 | |
| Average employees | — | 0 | — | 0 | 0 | |
| 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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on a going concern basis. The current economic conditions present risks for all businesses. In response to such conditions, the Directors have carefully considered these risks, including an assessment of uncertainty on future trading projection for a period of at least twelve months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis. The Company participates in operating activities as part of Cover-More's European activities. As at the balance sheet date the Company has net current liabilities of £638,233 which includes £3,378,537 of liabilities to other Group companies. The Company meets its day-to-day working capital requirements through related party funding and the Company has received a letter of support from its parent company to meet liabilities as they fall due. The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubt upon the Company's ability to continue as a going concern. Thus the directors have continued to adopt the going concern basis of accounting in preparing these financial statements.”
Significant events
- “The Company commenced trading in June 2023, with programmes being introduced progressively through to December 2023. The turnover for 2024 reflects a complete year of trading, resulting in an increase compared to the previous period.”
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
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ATHA, Cara | Director | 2023-04-01 | May 1973 | British |
| BANKS, Luke | Director | 2023-04-01 | Oct 1980 | British |
| LEACH, Adrian | Director | 2023-04-01 | Mar 1972 | Australian |
| TURNER, Alerah | Director | 2023-04-01 | Nov 1983 | Australian |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COGILL, Alistair Liam | Director | 2022-11-30 | 2024-09-12 |
| DUNNE, Damien | Director | 2019-08-07 | 2022-12-05 |
| EMMETT, Michael Patrick Cheere | Director | 2017-01-23 | 2018-12-15 |
| GIULIANI, Giovanni | Director | 2017-02-02 | 2017-06-23 |
| MORTON, Cara Jane | Director | 2018-12-14 | 2019-07-30 |
| QUIN, James Barrington | Director | 2017-02-02 | 2017-06-23 |
| RIJSSEMUS, Anne-Laure Yvonne Claudine | Director | 2024-08-06 | 2025-06-05 |
| STEINBERG, Mark David | Director | 2017-01-23 | 2017-09-29 |
| WHATTAM, Charles | Director | 2022-11-30 | 2023-04-01 |
| WHITE, David Jason | Director | 2018-12-19 | 2019-12-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 71 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-28 | SH01 | capital | capital allotment shares |
| 2026-01-07 | CH01 | officers | change person director company with change date |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-06-11 | CH01 | officers | change person director company with change date |
| 2025-06-10 | TM01 | officers | termination director company with name termination date |
| 2025-06-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-03-07 | AD03 | address | move registers to sail company with new address |
| 2025-03-07 | AD02 | address | change sail address company with new address |
| 2024-12-02 | AA | accounts | accounts with accounts type full |
| 2024-09-27 | TM01 | officers | termination director company with name termination date |
| 2024-08-06 | AP01 | officers | appoint person director company with name date |
| 2024-07-12 | CH01 | officers | change person director company with change date |
| 2024-07-12 | CH01 | officers | change person director company with change date |
| 2024-06-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-01-09 | SH01 | capital | capital allotment shares |
| 2023-08-30 | AA | accounts | accounts with accounts type full |
| 2023-06-29 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-05-23 | TM01 | officers | termination director company with name termination date |
| 2023-05-22 | AP01 | officers | appoint person director company with name date |
| 2023-05-22 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-4.67
DISTRESS
Altman Z″
- Working capital / Total assets -0.154 × 6.56 = -1.01
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.548 × 6.72 = -3.68
- Book equity / Total liabilities 0.021 × 1.05 = +0.02
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
Composite activity score · components 0–100 · reference 2026-05-10
45
COOL
/ 100
- Filings velocity 50
- Capital events 20
- Officer churn 25
- Headcount trajectory 50
- Accounts trajectory 100
- 6 filing(s) in last 12 months
- 1 capital event(s) in last 24 months
- 0 appointed, 1 resigned (12mo)
- Turnover +359% YoY