Africa Adventures Bidco Limited
Activities of open-ended investment companies · Harrow
ActiveUnited KingdomIncorporated 2025Private Limited Company
Financial position
Accounts to 2025-10-31 · Group accounts
Net assets
£38,229,728
Cash
£25,495,831
Turnover
£69,446,238
Profit / loss
£2,039,970
Current assets
£38,646,906
Creditors < 1 year
£32,604,398
Equity
£38,229,728
Average employees
Not available
Balance-sheet trend
Currency not tagged · consolidatedTwo periods with a known, matching scope are needed for a trend.
Financial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-10-319 months · Group · AI-read |
|---|---|
| Balance sheet | |
| Net assets | 38,229,728 |
| Equity | 38,229,728 |
| Share capital | 1,337 |
| Retained earnings | 2,039,970 |
| Assets | |
| Fixed assets | 92,647,730 |
| Intangible assets | 78,603,408 |
| Property, plant & equipment | 14,044,322 |
| Current assets | 38,646,906 |
| Cash at bank | 25,495,831 |
| Debtors | 12,546,385 |
| Stock | 484,676 |
| Liabilities | |
| Creditors within one year | 32,604,398 |
| Creditors after one year | 60,460,510 |
| Profit & loss | |
| Turnover | 69,446,238 |
| Cost of sales | 52,060,516 |
| Gross profit | 17,385,722 |
| Administrative expenses | 5,413,966 |
| Other operating income | 705 |
| Operating profit | 7,790,070 |
| Interest receivable | 287,921 |
| Interest payable | 2,686,337 |
| Profit before tax | 5,391,654 |
| Tax | 3,351,684 |
| Profit / loss | 2,039,970 |
| Operating costs | |
| Depreciation | 679,340 |
| Amortisation | 152,720 |
| Audit fees | 117,907 |
| Cash flow | |
| Cash from operations | 1,201,100 |
| People & pay | |
| Directors' remuneration | 870,991 |
| Highest paid director | 412,030 |
| Source evidence | View filing |
From the accounts
What the accounts for 2025-10-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The principal activity of the Group is the provision of destination management services, acting as a B2B tour operator in Africa.
- What it does
- destination management services · B2B tour operator · packaged holidays · travel services · East Africa · marketing and sales support (AI keywords)
- The year
- The Company was incorporated during the period to facilitate the acquisition of the Group’s trading entities. As this represents the Group’s first reporting period, no comparative figures and key performance indicators (KPIs) are presented for the prior period.
- Outlook
- The Group intends to invest in new 4×4 vehicles equipped with enhancements for clients’ comfort and optimal game viewing. It also plans to invest in new IT infrastructure and reservation management systems to improve its service delivery and further enhance customer experience.
- Auditor
- PSJ Alexander & Co · senior statutory auditor Manesh Shah
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Africa Adventures Investco Limited · United Kingdom
- Ultimate parent
- Africa Adventures Topco Limited · Mauritius
- Ultimate controlling party
- Alterra Africa Accelerator G.P.
- Approved
- 2026-06-15
Turnover by segment (4)
- UK: 22,207,905 (2025-10-31)
- USA and Canada: 18,847,449 (2025-10-31)
- Europe: 20,775,275 (2025-10-31)
- Rest of the world: 7,615,609 (2025-10-31)
Borrowings (3)
- new bank loans · $42.0 million
- unsecured loan note to an intermediate parent company · from an intermediate parent company · $16.0m · secured on unsecured
- Accordion banking facility · $7.5m additional funding permitted · subject to the lenders’ approval and compliance with leverage and other conditions
Acquisitions (4)
- ARP Africa Travel Limited · 100% · 2025-05-30
- Ranger Safaris Limited · 25% direct shareholding; remaining 75% acquired indirectly through the acquisition of the entire share capital of Travel Union Inc. · 2025-05-30
- Pollman's Tours and Safaris Limited · 25% direct shareholding; remaining 75% acquired indirectly through the acquisition of the entire share capital of Travel Union Inc. · 2025-05-30
- Travel Union Inc. · 100% · 2025-05-30
Principal risks (7)
- fluctuations in currency values
- terrorism
- civil unrest
- strikes
- illness
- bad weather
- other natural occurrences
Events after the year end (2)
- The Group received formal confirmation from the lenders that they have condoned the delayed delivery of the Group’s annual financial statements, with submission anticipated to be no later than 15 June 2026.
- Subsequent to the reporting date, the Group invested approximately $3 million in new vehicles as part of its ongoing fleet replacement programme.
Contingent liabilities (2)
- In April 2025, Ranger Safaris Limited received transfer pricing corporate income tax assessments, including penalties, from the Tanzania Revenue Authority amounting to $510,000 in respect of the years of income 2022 and 2023; the matter remains subject to ongoing appeal and review.
- In May 2026, Ranger received further tax assessments from TRA amounting to approximately $1.6 million in respect of the 2024 year of income; the matters have been disclosed as contingent liabilities.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
2 outstanding chargesFixed · created 2025-06-02
—
OutstandingAll Assets · created 2025-05-16
—
Outstanding