Travel de Courcey is one of the UK’s largest independently owned bus and coach operators. The company was founded in 1972 by Mike de Courcey and now operates more than 130 buses and coaches from three depots across the Midlands. We operate everything from local bus services to key destinations across Coventry, Warwickshire and Leicestershire to specialist corporate transport. Interesting Facts and Figures: We have an incredible 9.8 million passenger journeys a year Our buses and coaches travel over 7.5 million miles a year which is a distance equal to 16 times to the moon and back! We’ve pioneered a number of industry and regional firsts – first company in the Midlands to offer on-board air conditioning on buses, first with a fully accessible coach fleet, first to offer a ‘talking bus’ and first in the UK to operate fast-charging electric bus We’ve transported everyone from Olympic athletes to G20 security ministers, Carol Vorderman, the Harry Potter stars and the Queen! Corporate customers include NEC, RICOH Arena, Jaguar Land Rover, Rolls-Royce, G4S, Boots, Whitbread/Costa Coffee, Sainsbury’s, ASDA, Tesco and BBC, KPMG. We operate more buses to RICOH Arena and UHCW than any other operator!
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Coventry, GB
Size (employees)
27 (est)
Travel De Courcey was founded in 1972 and is headquartered in Coventry, GB
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Travel De Courcey Office Locations

Travel De Courcey has offices in Coventry and Birmingham
Coventry, GB (HQ)
Rowley Dr
Birmingham, GB
177 New Town Row
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Travel De Courcey Financials and Metrics

Summary Metrics

Founding Date

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Travel De Courcey Financials

Travel De Courcey's revenue was reported to be £16.85 m in FY, 2017

Revenue (FY, 2017)

16.9 m

Gross profit (FY, 2017)

3 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

917.1 k

EBITDA (FY, 2017)

1.9 m

EBIT (FY, 2017)

1.3 m

Cash (30-Apr-2017)

1.7 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


5.4 m6.4 m6.1 m6.5 m9.5 m10.9 m15.5 m16.1 m16.6 m16.9 m

Revenue growth, %


Cost of goods sold

3.9 m4.7 m4.7 m4.7 m7.3 m8.9 m12.4 m13.9 m13.8 m13.9 m

Gross profit

1.6 m1.7 m1.4 m1.8 m2.1 m2.1 m3.2 m2.3 m2.8 m3 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


224.6 k269.8 k469.5 k141.3 k525.2 k807.6 k741.4 k216 k861.6 k687.3 k1.7 m

Accounts Receivable

229.1 k233.8 k192.2 k246.7 k287.5 k258.3 k284.6 k1.5 m1.7 m1.6 m1.7 m


54.9 k39.2 k23.5 k24.2 k36.3 k60.3 k60.9 k48.8 k69.6 k102.1 k114.6 k

Current Assets

784.6 k793.4 k976.2 k786.2 k1.2 m2 m1.9 m2.3 m3.5 m3.1 m4.2 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

115.2 k143.4 k229.9 k75.3 k347.6 k415.2 k379.9 k654.6 k756.5 k661.2 k917.1 k

Cash From Operating Activities

803 k854.8 k923.4 k621.6 k1.2 m1.3 m833.2 k1.3 m2.1 m1.5 m2.1 m

Dividends Paid

29.6 k59.3 k60 k60 k79.2 k99.2 k77.5 k55.8 k5 k

Cash From Financing Activities

(444.1 k)(727.5 k)(376.6 k)(564.8 k)(469.5 k)(480.7 k)(580.6 k)(1.2 m)(1 m)(1.1 m)(1.7 m)
GBPY, 2017


869.8 k

Financial Leverage

3.6 x
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