Secret Escapes

Secret Escapes is an exclusive members-only travel club offering discounted rates on luxury hand-picked hotels and holidays in the UK and abroad. The Company's platform enables members to book four and five star hotels, five-star spa breaks, resorts and tropical beach escapes. Secret Escapes acts as an agent for suppliers, tour operators and hotels featured on the site.

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2009
Size (employees)
533 (est)
Secret Escapes was founded in 2009 and is headquartered in London, GB

Key People at Secret Escapes

Alex Saint

Alex Saint

Co-Founder & CEO
Tom Valentine

Tom Valentine

Co-Founder & COO
Cian Weeresinghe

Cian Weeresinghe

Chief Marketing Officer
Sebastian Fallert

Sebastian Fallert

Managing Director UK
Lara Pitt

Lara Pitt

Head Of Operations
Will Fawcett

Will Fawcett

Chief Financial Planning & Commercial Officer

Secret Escapes Office Locations

Secret Escapes has an office in London
London, GB (HQ)
29-35 Farringdon road

Secret Escapes Data and Metrics

Summary Metrics

Founding Date

2009

Total Funding

$72.8 m

Latest funding size

$60 m

Time since last funding

about 2 years

Investors

Secret Escapes's latest funding round in July 2015 was reported to be $60 m. In total, Secret Escapes has raised $72.8 m. Secret Escapes's latest valuation is reported to be £209.5 m.

Secret Escapes Financial Metrics

Secret Escapes's revenue was reported to be £30.9 m in FY, 2015 which is a 52% increase from the previous period.
GBP

Revenue (FY, 2015)

30.9 m

Revenue growth (FY, 2014 - FY, 2015), %

52%

Gross profit (FY, 2015)

25.6 m

Gross profit margin (FY, 2015), %

83%

Net income (FY, 2015)

(21.6 m)

Market valuation

209.5 m

Cash (31-Dec-2015)

21.8 m
  • Source: Company Filings,
GBPFY, 2013FY, 2014FY, 2015

Revenue

11.6 m20.4 m30.9 m

Revenue growth, %

76%52%

Cost of goods sold

2.2 m3.3 m5.2 m

Gross profit

9.4 m17.1 m25.6 m

Gross profit Margin, %

81%84%83%

Operating expense total

13 m32.1 m47.1 m

Pre tax profit

(3.5 m)(15 m)(21.5 m)

Net Income

(3.5 m)(15 m)(21.6 m)
GBPFY, 2013FY, 2014FY, 2015

Cash

4.2 m4.2 m21.8 m

Accounts Receivable

1.9 m2 m2.6 m

Current Assets

7.6 m8.4 m28.3 m

PP&E

87.2 k373 k1.1 m

Goodwill

3.9 m3.9 m

Total Assets

7.7 m12.7 m33.4 m

Accounts Payable

7.3 m13.1 m18.2 m

Current Liabilities

8.3 m19.8 m22.6 m

Total Liabilities

8.3 m19.8 m22.6 m

Retained Earnings

(3.5 m)(15 m)(21.6 m)

Total Equity

(625.7 k)(7 m)10.7 m

Financial Leverage

-12.3 x-1.8 x3.1 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(466.2 k)(6.4 m)(14 m)

Cash From Financing Activities

1.3 k8.5 m33.1 m

Income Taxes Paid

(12 k)(90 k)
GBPY, 2015

Revenue/Employee

114.3 k

Financial Leverage

3.1 x

Secret Escapes Operating Metrics

Jul, 2017

Countries

21

    Traffic Overview of Secret Escapes

    Secret Escapes Online and Social Media Presence

    Secret Escapes News and Updates

    Luxury site Secret Escapes expands operations to France and Eastern Europe

    Cut-price luxury holiday site Secret Escapes has no time to relax by the pool this summer, as the company has expanded its operations into another four European countries. The flash sales travel hub is now available in France, where it will be called Evasions Secretes, as well as Slovakia, Hungar…

    Secret Escapes Company Life and Culture

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