GLOBAL TRAVEL AND TOURISM PARTNERSHIP LIMITED

Executive Summary

GLOBAL TRAVEL AND TOURISM PARTNERSHIP LIMITED exhibits high financial risk due to zero net assets and no reported profitability over multiple years, coupled with limited operational scale. While compliance filing is current and the company remains active, significant director turnover and lack of financial substance raise concerns about its ability to meet obligations and sustain operations. Further investigation into its business model and cash flows is essential before considering investment.

GLOBAL TRAVEL AND TOURISM PARTNERSHIP LIMITED - Analysis Report

Company Number: 12712685

Analysis Date: 2025-07-29 19:11 UTC

1. Risk Rating: HIGH
   The company shows zero net assets and no reported surplus or deficit over multiple years, indicating no financial buffer or capital base. Being limited by guarantee with no share capital, it depends on members' guarantees rather than equity, increasing financial vulnerability. The minimal operational scale (one employee) and lack of financial data on income or liabilities create uncertainty on its ability to meet obligations.

2. Key Concerns:

• Lack of Financial Substance: Consistent zero total assets less current liabilities for five years suggests no tangible financial resources or working capital.
• Unclear Revenue and Cash Flow: Absence of income statement and profit/loss data prevents assessment of operational liquidity or sustainability.
• Director Turnover: Significant changes in directors in early 2024 (six directors resigned and three appointed) may indicate governance or strategic instability.

3. Positive Indicators:

• Timely Compliance: The company has filed accounts and confirmation statements on time, showing compliance with statutory filing requirements.
• Active Status: The company remains active with no indication of insolvency proceedings or liquidation.
• Professional Management: Current directors include a solicitor and experienced individuals, potentially supporting appropriate governance.

4. Due Diligence Notes:

• Investigate underlying business model and revenue generation capability given zero net assets reported.
• Request unaudited or management accounts to evaluate cash flow and operational performance.
• Review reasons for high director turnover in early 2024 and governance structure changes.
• Confirm nature and enforceability of members’ guarantees to understand financial liability exposure.
• Assess any off-balance sheet liabilities or commitments not reflected in filed accounts.