SAGA TRAVEL GROUP (UK) LIMITED

1. SAGA TRAVEL GROUP (UK) LIMITED 2022-12-01 → present
2. TITAN TRAVEL (UK) LIMITED 2019-07-15 → 2022-12-01

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors continue to have a reasonable expectation that the Company has adequate resources to continue in operation for the next twelve months from the date of approval of these financial statements. Notwithstanding the current liability and net liability position at the reporting date, the Directors continue to have a reasonable expectation that the Company has adequate resources to continue in operation for the next 12 months from the date of approval of these accounts Saga Group Limited, as intermediate parent, has indicated its intention to continue to make available such funds as are needed by the Company, and that it does not intend to seek repayment of the amounts due at the balance sheet date until Saga Travel Group (UK) Limited is able to afford repayments, and not for at least 12 months from the approval date of these accounts.”

Group structure

1. SAGA TRAVEL GROUP (UK) LIMITED · parent
   1. Titan Transport (UK) Limited · England

Significant events

• “From 28th February 2024 the operations of the Group's Tour Operating brands Saga Holidays and Titan Travel were combined into the company. Prior to this the company only operated the brand Titan Travel.”
• “On 30 January 2025, Saga plc announced that it had agreed new credit facilities, comprising a £335m term loan facility, a £100m delayed-draw term loan (DDTL) facility and a £50m revolving credit facility (RCF).”
• “Subsequent to the year end, on 27 February 2025, Saga plc drew down the £335m term loan facility and utilised the proceeds to repay the £250m senior unsecured notes maturing in July 2026, and the £75m drawn under the £85m loan facility provided by Roger De Haan.”
• “Since the year end, on 15 May 2025, the Saga Plc Group successfully syndicated £33.4m of the new £50.0m RCF credit facility, with the remaining £16.6m being rolled into the £100.0m delayed-draw term loan.”

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

Filings

3

last 12 months

Capital events

0

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

  +11%

  £151,210,000 → £167,799,000

• Cash

  +397.6%

  £7,828,000 → £38,953,000

• Net assets

  +49.3%

  -£17,088,000 → -£8,663,000

• Employees

  +9.6%

  239 → 262

• Operating profit

  +622.6%

  -£1,689,000 → £8,827,000

• Profit before tax

  +550.2%

  -£2,124,000 → £9,562,000

• Wages

  -12%

  £12,944,000 → £11,390,000

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