Reed & Mackay

Reed & Mackay

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Financials

Estimates*

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Revenues, earnings & profits over time
GBP2017201820192020202120222023
Revenues36.8m44.3m71.9m81.7m18.6m26.5m69.7m
% growth11 %20 %62 %14 %(77 %)43 %163 %
EBITDA11.2m12.4m19.6m16.1m(15.0m)(6.9m)5.0m
% EBITDA margin31 %28 %27 %20 %(81 %)(26 %)7 %
Profit8.2m9.5m11.1m3.9m(22.0m)(6.6m)1.3m
% profit margin22 %21 %15 %5 %(119 %)(25 %)2 %
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DateInvestorsAmountRound
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Secondary
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Recent News about Reed & Mackay

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Reed Mackay specializes in corporate travel management, offering comprehensive solutions designed to meet the needs of modern businesses. The company serves a diverse range of clients, including multinational corporations and small to medium-sized enterprises, across various industries. Operating in the global travel market, Reed Mackay combines 60 years of heritage with innovative technology to deliver exceptional service and client-centric solutions.

The business model revolves around providing tailored travel consultancy, carbon management tools, and event planning services. Reed Mackay helps companies manage their travel budgets, optimize travel programs, and ensure the safety and efficiency of their travel operations. The company generates revenue through service fees, consultancy charges, and commissions from travel bookings.

Reed Mackay's unique value proposition includes its commitment to sustainability, offering clients tools and strategies to reduce their carbon footprint. The company also emphasizes the importance of personal service, supported by a global travel platform that operates 24/7. As part of the Navan Group, Reed Mackay leverages shared innovation and talent to stay ahead in the competitive travel management industry.

Keywords: corporate travel, sustainability, efficiency, personal service, global platform, travel consultancy, carbon management, event planning, innovation, Navan Group.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Reed & Mackay

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Hillgate Travel
ACQUISITION by Reed & Mackay May 2018