
Company Number
03671067
Next Accounts
Sep 2025
Shareholders
merlin entertainments group operations ltd
Group Structure
View All
Industry
Other amusement and recreation activities
Registered Address
arbor building, 16th floor, 255 blackfriars road, london, SE1 9AX
Website
www.merlinentertainments.bizPomanda estimates the enterprise value of MERLIN ENTERTAINMENTS (DUNGEONS) LIMITED at £36.5m based on a Turnover of £23m and 1.59x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MERLIN ENTERTAINMENTS (DUNGEONS) LIMITED at £77.9m based on an EBITDA of £11m and a 7.09x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MERLIN ENTERTAINMENTS (DUNGEONS) LIMITED at £184.2m based on Net Assets of £101.9m and 1.81x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Merlin Entertainments (dungeons) Limited is a live company located in london, SE1 9AX with a Companies House number of 03671067. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in November 1998, it's largest shareholder is merlin entertainments group operations ltd with a 100% stake. Merlin Entertainments (dungeons) Limited is a mature, large sized company, Pomanda has estimated its turnover at £23m with rapid growth in recent years.
Pomanda's financial health check has awarded Merlin Entertainments (Dungeons) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £23m, make it larger than the average company (£461.2k)
£23m - Merlin Entertainments (dungeons) Limited
£461.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (10.2%)
44% - Merlin Entertainments (dungeons) Limited
10.2% - Industry AVG
Production
with a gross margin of 89.2%, this company has a lower cost of product (63.8%)
89.2% - Merlin Entertainments (dungeons) Limited
63.8% - Industry AVG
Profitability
an operating margin of 40.8% make it more profitable than the average company (8.1%)
40.8% - Merlin Entertainments (dungeons) Limited
8.1% - Industry AVG
Employees
with 182 employees, this is above the industry average (10)
182 - Merlin Entertainments (dungeons) Limited
10 - Industry AVG
Pay Structure
on an average salary of £24.2k, the company has an equivalent pay structure (£20.4k)
£24.2k - Merlin Entertainments (dungeons) Limited
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £126.3k, this is more efficient (£63.3k)
£126.3k - Merlin Entertainments (dungeons) Limited
£63.3k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (10 days)
1 days - Merlin Entertainments (dungeons) Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (41 days)
20 days - Merlin Entertainments (dungeons) Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 44 days, this is more than average (18 days)
44 days - Merlin Entertainments (dungeons) Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is less cash available to meet short term requirements (71 weeks)
18 weeks - Merlin Entertainments (dungeons) Limited
71 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36%, this is a similar level of debt than the average (38.2%)
36% - Merlin Entertainments (dungeons) Limited
38.2% - Industry AVG
Merlin Entertainments (Dungeons) Limited's latest turnover from December 2023 is £23 million and the company has net assets of £101.9 million. According to their latest financial statements, Merlin Entertainments (Dungeons) Limited has 182 employees and maintains cash reserves of £17.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 22,993,000 | 22,697,000 | 12,404,000 | 7,676,000 | 21,428,000 | 19,939,000 | 20,291,000 | 20,807,000 | 19,522,000 | 19,008,000 | 17,619,000 | 14,268,000 | 12,963,000 | 12,291,000 | 12,316,000 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 2,493,000 | 1,929,000 | 1,072,000 | 714,000 | 2,314,000 | 1,954,000 | 1,630,000 | 1,626,000 | 1,607,000 | 1,531,000 | 1,217,000 | 1,143,000 | 1,138,000 | 1,134,000 | 1,088,000 |
Gross Profit | 20,500,000 | 20,768,000 | 11,332,000 | 6,962,000 | 19,114,000 | 17,985,000 | 18,661,000 | 19,181,000 | 17,915,000 | 17,477,000 | 16,402,000 | 13,125,000 | 11,825,000 | 11,157,000 | 11,228,000 |
Admin Expenses | 11,113,000 | 10,795,000 | 7,472,000 | 6,609,000 | 9,660,000 | 10,405,000 | 9,008,000 | 8,855,000 | 9,501,000 | 8,181,000 | 11,017,000 | 9,256,000 | 7,048,000 | 7,015,000 | 6,551,000 |
Operating Profit | 9,387,000 | 9,973,000 | 3,860,000 | 353,000 | 9,454,000 | 7,580,000 | 9,653,000 | 10,326,000 | 8,414,000 | 9,296,000 | 5,385,000 | 3,869,000 | 4,777,000 | 4,142,000 | 4,677,000 |
Interest Payable | 527,000 | 522,000 | 477,000 | 489,000 | 501,000 | 38,000 | 30,000 | 52,000 | 48,000 | 52,000 | 17,000 | 9,000 | 43,000 | 50,000 | 179,000 |
Interest Receivable | 8,891,000 | 4,243,000 | 3,179,000 | 3,457,000 | 2,472,000 | 1,676,000 | 1,447,000 | 108,000 | 35,000 | 32,000 | 30,000 | ||||
Pre-Tax Profit | 17,751,000 | 13,694,000 | 6,562,000 | 3,321,000 | 11,425,000 | 9,218,000 | 11,070,000 | 10,274,000 | 8,366,000 | 9,244,000 | 5,368,000 | 3,968,000 | 4,769,000 | 4,124,000 | 4,528,000 |
Tax | -4,197,000 | -2,730,000 | -955,000 | -265,000 | -2,106,000 | -1,810,000 | -2,210,000 | -1,628,000 | -1,667,000 | -3,989,000 | 927,000 | -1,771,000 | -1,641,000 | -1,587,000 | -2,544,000 |
Profit After Tax | 13,554,000 | 10,964,000 | 5,607,000 | 3,056,000 | 9,319,000 | 7,408,000 | 8,860,000 | 8,646,000 | 6,699,000 | 5,255,000 | 6,295,000 | 2,197,000 | 3,128,000 | 2,537,000 | 1,984,000 |
Dividends Paid | |||||||||||||||
Retained Profit | 13,554,000 | 10,964,000 | 5,607,000 | 3,056,000 | 9,319,000 | 7,408,000 | 8,860,000 | 8,646,000 | 6,699,000 | 5,255,000 | 6,295,000 | 2,197,000 | 3,128,000 | 2,537,000 | 1,984,000 |
Employee Costs | 4,411,000 | 3,752,000 | 2,772,000 | 2,672,000 | 3,570,000 | 3,353,000 | 3,426,000 | 3,422,000 | 3,624,000 | 3,358,000 | 3,496,000 | 2,959,000 | 2,767,000 | 2,672,000 | 2,504,000 |
Number Of Employees | 182 | 174 | 153 | 128 | 200 | 204 | 234 | 257 | 244 | 228 | 229 | 183 | 173 | 139 | 127 |
EBITDA* | 10,979,000 | 12,236,000 | 6,062,000 | 2,580,000 | 11,640,000 | 9,590,000 | 11,526,000 | 11,947,000 | 10,729,000 | 10,781,000 | 8,308,000 | 6,885,000 | 6,225,000 | 5,461,000 | 6,015,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 7,492,000 | 8,083,000 | 88,942,000 | 82,225,000 | 80,038,000 | 67,774,000 | 54,523,000 | 54,982,000 | 17,018,000 | 18,764,000 | 17,416,000 | 11,337,000 | 5,554,000 | 5,321,000 | 5,134,000 |
Intangible Assets | 9,495,000 | 10,270,000 | 3,532,000 | 3,532,000 | 3,532,000 | 3,532,000 | 3,532,000 | 3,532,000 | 3,532,000 | 3,532,000 | 3,532,000 | 4,233,000 | 4,933,000 | 5,633,000 | 6,334,000 |
Investments & Other | 195,000 | 270,000 | 57,000 | 57,000 | 57,000 | 57,000 | 57,000 | 57,000 | |||||||
Debtors (Due After 1 year) | 113,383,000 | 97,479,000 | 72,694,000 | 64,754,000 | 60,729,000 | 52,657,000 | 37,702,000 | 37,728,000 | 254,000 | 306,000 | 332,000 | 358,000 | 384,000 | 384,000 | |
Total Fixed Assets | 130,565,000 | 116,102,000 | 91,784,000 | 85,015,000 | 82,969,000 | 71,306,000 | 58,055,000 | 58,514,000 | 20,550,000 | 22,296,000 | 21,311,000 | 15,959,000 | 10,902,000 | 11,395,000 | 11,909,000 |
Stock & work in progress | 303,000 | 315,000 | 332,000 | 349,000 | 357,000 | 276,000 | 181,000 | 196,000 | 173,000 | 172,000 | 119,000 | 108,000 | 107,000 | 123,000 | 109,000 |
Trade Debtors | 125,000 | 138,000 | 45,000 | 66,000 | 353,000 | 151,000 | 151,000 | 138,000 | 144,000 | 172,000 | 155,000 | 128,000 | 86,000 | ||
Group Debtors | 10,701,000 | 1,743,000 | 315,000 | 279,000 | 283,000 | 307,000 | 1,056,000 | 369,000 | 674,000 | 57,000 | 48,000 | 431,000 | 49,000 | 57,000 | 269,000 |
Misc Debtors | 197,000 | 194,000 | 118,000 | 375,000 | 780,000 | 632,000 | 252,000 | 239,000 | 70,000 | 149,000 | 2,624,000 | 2,532,000 | 345,000 | 361,000 | 428,000 |
Cash | 17,217,000 | 6,188,000 | 7,900,000 | 3,229,000 | 3,747,000 | 4,942,000 | 12,851,000 | 5,835,000 | 36,081,000 | 30,194,000 | 25,110,000 | 18,802,000 | 7,753,000 | 4,522,000 | 2,081,000 |
misc current assets | |||||||||||||||
total current assets | 28,543,000 | 8,578,000 | 8,710,000 | 4,298,000 | 5,520,000 | 6,157,000 | 14,340,000 | 6,790,000 | 37,149,000 | 30,710,000 | 28,045,000 | 22,045,000 | 8,409,000 | 5,191,000 | 2,973,000 |
total assets | 159,108,000 | 124,680,000 | 100,494,000 | 89,313,000 | 88,489,000 | 77,463,000 | 72,395,000 | 65,304,000 | 57,699,000 | 53,006,000 | 49,356,000 | 38,004,000 | 19,311,000 | 16,586,000 | 14,882,000 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 141,000 | 92,000 | 245,000 | 480,000 | 311,000 | 238,000 | 195,000 | 484,000 | 157,000 | 110,000 | 134,000 | 688,000 | 355,000 | 513,000 | 72,000 |
Group/Directors Accounts | 46,796,000 | 25,479,000 | 669,000 | 642,000 | 555,000 | 653,000 | 546,000 | ||||||||
other short term finances | |||||||||||||||
hp & lease commitments | 212,000 | 194,000 | 339,000 | 201,000 | 146,000 | ||||||||||
other current liabilities | 1,657,000 | 1,651,000 | 13,770,000 | 6,253,000 | 6,520,000 | 8,630,000 | 8,706,000 | 7,985,000 | 7,155,000 | 7,012,000 | 5,767,000 | 5,974,000 | 3,014,000 | 3,220,000 | 4,557,000 |
total current liabilities | 48,806,000 | 27,416,000 | 14,354,000 | 6,934,000 | 6,977,000 | 8,868,000 | 8,901,000 | 8,469,000 | 7,312,000 | 7,122,000 | 6,570,000 | 7,304,000 | 3,924,000 | 4,386,000 | 5,175,000 |
loans | 12,596,000 | 12,990,000 | 12,924,000 | 2,000 | 3,000 | ||||||||||
hp & lease commitments | 6,492,000 | 6,584,000 | 6,298,000 | 6,493,000 | 6,460,000 | ||||||||||
Accruals and Deferred Income | 198,000 | 2,478,000 | 4,765,000 | 7,053,000 | 9,344,000 | 11,652,000 | 13,920,000 | 16,200,000 | 18,487,000 | 12,962,000 | 2,000 | 5,000 | 7,000 | ||
other liabilities | |||||||||||||||
provisions | 1,959,000 | 2,383,000 | 4,622,000 | 3,356,000 | 3,226,000 | 2,744,000 | 2,792,000 | 2,624,000 | 2,520,000 | 2,380,000 | 1,068,000 | 803,000 | 647,000 | 585,000 | 641,000 |
total long term liabilities | 8,451,000 | 8,967,000 | 8,807,000 | 10,653,000 | 12,842,000 | 8,427,000 | 10,743,000 | 12,964,000 | 15,180,000 | 17,390,000 | 19,555,000 | 13,765,000 | 649,000 | 590,000 | 648,000 |
total liabilities | 57,257,000 | 36,383,000 | 23,161,000 | 17,587,000 | 19,819,000 | 17,295,000 | 19,644,000 | 21,433,000 | 22,492,000 | 24,512,000 | 26,125,000 | 21,069,000 | 4,573,000 | 4,976,000 | 5,823,000 |
net assets | 101,851,000 | 88,297,000 | 77,333,000 | 71,726,000 | 68,670,000 | 60,168,000 | 52,751,000 | 43,871,000 | 35,207,000 | 28,494,000 | 23,231,000 | 16,935,000 | 14,738,000 | 11,610,000 | 9,059,000 |
total shareholders funds | 101,851,000 | 88,297,000 | 77,333,000 | 71,726,000 | 68,670,000 | 60,168,000 | 52,751,000 | 43,871,000 | 35,207,000 | 28,494,000 | 23,231,000 | 16,935,000 | 14,738,000 | 11,610,000 | 9,059,000 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 9,387,000 | 9,973,000 | 3,860,000 | 353,000 | 9,454,000 | 7,580,000 | 9,653,000 | 10,326,000 | 8,414,000 | 9,296,000 | 5,385,000 | 3,869,000 | 4,777,000 | 4,142,000 | 4,677,000 |
Depreciation | 1,592,000 | 2,263,000 | 2,202,000 | 2,227,000 | 2,186,000 | 2,010,000 | 1,873,000 | 1,621,000 | 2,315,000 | 1,485,000 | 2,222,000 | 2,316,000 | 748,000 | 618,000 | 637,000 |
Amortisation | 701,000 | 700,000 | 700,000 | 701,000 | 701,000 | ||||||||||
Tax | -4,197,000 | -2,730,000 | -955,000 | -265,000 | -2,106,000 | -1,810,000 | -2,210,000 | -1,628,000 | -1,667,000 | -3,989,000 | 927,000 | -1,771,000 | -1,641,000 | -1,587,000 | -2,544,000 |
Stock | -12,000 | -17,000 | -17,000 | -8,000 | 81,000 | 95,000 | -15,000 | 23,000 | 1,000 | 53,000 | 11,000 | 1,000 | -16,000 | 14,000 | 109,000 |
Debtors | 24,852,000 | 26,382,000 | 7,698,000 | 3,329,000 | 8,549,000 | 14,586,000 | 523,000 | 37,338,000 | 805,000 | -2,778,000 | -345,000 | 2,560,000 | -23,000 | -237,000 | 1,167,000 |
Creditors | 49,000 | -153,000 | -235,000 | 169,000 | 73,000 | 43,000 | -289,000 | 327,000 | 47,000 | -24,000 | -554,000 | 333,000 | -158,000 | 441,000 | 72,000 |
Accruals and Deferred Income | 6,000 | -12,317,000 | 5,237,000 | -2,554,000 | -4,398,000 | -2,367,000 | -1,587,000 | -1,438,000 | -2,137,000 | -1,042,000 | 5,318,000 | 15,920,000 | -209,000 | -1,339,000 | 4,564,000 |
Deferred Taxes & Provisions | -424,000 | -2,239,000 | 1,266,000 | 130,000 | 482,000 | -48,000 | 168,000 | 104,000 | 140,000 | 1,312,000 | 265,000 | 156,000 | 62,000 | -56,000 | 641,000 |
Cash flow from operations | -18,427,000 | -31,568,000 | 3,694,000 | -3,261,000 | -2,939,000 | -9,273,000 | 7,100,000 | -28,049,000 | 6,306,000 | 9,763,000 | 14,598,000 | 18,962,000 | 4,318,000 | 3,143,000 | 7,472,000 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -75,000 | 270,000 | -57,000 | 57,000 | |||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 21,317,000 | 25,479,000 | -669,000 | 27,000 | 87,000 | -98,000 | 107,000 | 546,000 | |||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -12,596,000 | -394,000 | 66,000 | 12,922,000 | -1,000 | 3,000 | |||||||||
Hire Purchase and Lease Commitments | -74,000 | 141,000 | -57,000 | 88,000 | 6,606,000 | ||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | 8,364,000 | 3,721,000 | 2,702,000 | 2,968,000 | 1,971,000 | 1,638,000 | 1,417,000 | -52,000 | -48,000 | -52,000 | -17,000 | 99,000 | -8,000 | -18,000 | -149,000 |
cash flow from financing | 29,607,000 | 16,745,000 | 2,251,000 | 3,122,000 | 20,682,000 | 1,646,000 | 1,440,000 | -34,000 | -34,000 | -713,000 | 11,000 | 186,000 | -106,000 | 103,000 | 7,472,000 |
cash and cash equivalents | |||||||||||||||
cash | 11,029,000 | -1,712,000 | 4,671,000 | -518,000 | -1,195,000 | -7,909,000 | 7,016,000 | -30,246,000 | 5,887,000 | 5,084,000 | 6,308,000 | 11,049,000 | 3,231,000 | 2,441,000 | 2,081,000 |
overdraft | |||||||||||||||
change in cash | 11,029,000 | -1,712,000 | 4,671,000 | -518,000 | -1,195,000 | -7,909,000 | 7,016,000 | -30,246,000 | 5,887,000 | 5,084,000 | 6,308,000 | 11,049,000 | 3,231,000 | 2,441,000 | 2,081,000 |
Perform a competitor analysis for merlin entertainments (dungeons) limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other large companies, companies in SE1 area or any other competitors across 12 key performance metrics.
MERLIN ENTERTAINMENTS (DUNGEONS) LIMITED group structure
Merlin Entertainments (Dungeons) Limited has no subsidiary companies.
Ultimate parent company
2 parents
MERLIN ENTERTAINMENTS (DUNGEONS) LIMITED
03671067
Merlin Entertainments (Dungeons) Limited currently has 4 directors. The longest serving directors include Mr Matthew Jowett (Feb 2016) and Mr Martin Luffman (Oct 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Matthew Jowett | 57 years | Feb 2016 | - | Director | |
Mr Martin Luffman | England | 44 years | Oct 2023 | - | Director |
Mr Sundeep Jouhal | England | 45 years | Oct 2023 | - | Director |
Ms Amy Bailey | England | 38 years | Jan 2025 | - | Director |
P&L
December 2023turnover
23m
+1%
operating profit
9.4m
-6%
gross margin
89.2%
-2.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
101.9m
+0.15%
total assets
159.1m
+0.28%
cash
17.2m
+1.78%
net assets
Total assets minus all liabilities
company number
03671067
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
November 1998
age
27
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
law 1008 limited (January 1999)
accountant
-
auditor
-
address
arbor building, 16th floor, 255 blackfriars road, london, SE1 9AX
Bank
-
Legal Advisor
-
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 18 charges/mortgages relating to merlin entertainments (dungeons) limited. Currently there are 0 open charges and 18 have been satisfied in the past.
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for MERLIN ENTERTAINMENTS (DUNGEONS) LIMITED. This can take several minutes, an email will notify you when this has completed.
date | description | view/download |
---|