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 only works with hotels that give it exclusive rates – Secret Escapes looks after its members and find them good prices. The Company is also always on the look-out for those additional perks that make staying at its hotels extra special: complimentary room upgrades, a bottle of bubbly, a massage – that sort of thing. By hand-picking hotels and holidays for members, Secret Escapes acts as an agent for the suppliers, tour operators, and hotels featured on the site.

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2009
Size (employees)
516 (est)+2%
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

almost 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

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 Online and Social Media Presence

Secret Escapes News and Updates

Secret Escapes Company Life and Culture

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