 A touring variety troupe, the "Dinky Doos" are in financial trouble. An encounter with three strangers - Inigo Jollifant (a romantic, song-writing ex-schoolmaster), Miss Trant (a philanthropic spinster in search of adventure), and Jess Oakroyd (a down to earth, practical man recently made redundant from his job) leads to a change of fortune. Re-launched with Miss Trant s money, they tour England, at first with little success. Inigo falls in love with the troupe s talented and pretty young girl singer, Susie Dean. The troupe is threatened with disharmony, but, due to Inigo s intervention, and the marriage of the principal dancer (Jerry Jerningham) to Lady Parlitt (whose family "own a chain of theatres"), all turns out well for Susie by the end, when she triumphs in a lavish London revue, with the other members of "The Good Companions" in the audience, cheering her triumph.