butlins skyline limited
butlins skyline limited Company Information
Company Number
04011665
Next Accounts
Sep 2025
Shareholders
zenit bidco (jersey) limited
Group Structure
View All
Industry
Camping grounds, recreational vehicle parks and trailer parks
Registered Address
first floor, breakspear place, breakspear park, hemel hempstead, hertfordshire, HP2 4TZ
Website
www.butlins.combutlins skyline limited Estimated Valuation
Pomanda estimates the enterprise value of BUTLINS SKYLINE LIMITED at £1.2b based on a Turnover of £292.7m and 4.11x industry multiple (adjusted for size and gross margin).
butlins skyline limited Estimated Valuation
Pomanda estimates the enterprise value of BUTLINS SKYLINE LIMITED at £257.7m based on an EBITDA of £17.1m and a 15.05x industry multiple (adjusted for size and gross margin).
butlins skyline limited Estimated Valuation
Pomanda estimates the enterprise value of BUTLINS SKYLINE LIMITED at £44.1m based on Net Assets of £13m and 3.39x industry multiple (adjusted for liquidity).
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Butlins Skyline Limited Overview
Butlins Skyline Limited is a live company located in hemel hempstead, HP2 4TZ with a Companies House number of 04011665. It operates in the recreational vehicle parks, trailer parks and camping grounds sector, SIC Code 55300. Founded in June 2000, it's largest shareholder is zenit bidco (jersey) limited with a 100% stake. Butlins Skyline Limited is a mature, mega sized company, Pomanda has estimated its turnover at £292.7m with rapid growth in recent years.
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Butlins Skyline Limited Health Check
Pomanda's financial health check has awarded Butlins Skyline Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £292.7m, make it larger than the average company (£7.2m)
£292.7m - Butlins Skyline Limited
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 55%, show it is growing at a faster rate (10.6%)
55% - Butlins Skyline Limited
10.6% - Industry AVG
Production
with a gross margin of 75.4%, this company has a comparable cost of product (67.6%)
75.4% - Butlins Skyline Limited
67.6% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (6.9%)
-3.7% - Butlins Skyline Limited
6.9% - Industry AVG
Employees
with 3893 employees, this is above the industry average (56)
3893 - Butlins Skyline Limited
56 - Industry AVG
Pay Structure
on an average salary of £23.2k, the company has an equivalent pay structure (£21.2k)
£23.2k - Butlins Skyline Limited
£21.2k - Industry AVG
Efficiency
resulting in sales per employee of £75.2k, this is less efficient (£103k)
£75.2k - Butlins Skyline Limited
£103k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is near the average (12 days)
11 days - Butlins Skyline Limited
12 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is quicker than average (87 days)
44 days - Butlins Skyline Limited
87 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is less than average (94 days)
19 days - Butlins Skyline Limited
94 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is average cash available to meet short term requirements (7 weeks)
6 weeks - Butlins Skyline Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.2%, this is a higher level of debt than the average (52.5%)
97.2% - Butlins Skyline Limited
52.5% - Industry AVG
BUTLINS SKYLINE LIMITED financials
Butlins Skyline Limited's latest turnover from December 2023 is £292.7 million and the company has net assets of £13 million. According to their latest financial statements, Butlins Skyline Limited has 3,893 employees and maintains cash reserves of £18.4 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 | 292,709,000 | 290,456,000 | 187,608,000 | 78,492,000 | 241,336,000 | 230,136,000 | 229,682,000 | 225,559,000 | 218,232,000 | 207,412,000 | 201,018,000 | 194,576,000 | 186,793,000 | 184,599,000 | 171,720,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 72,105,000 | 73,860,000 | 44,775,000 | 22,767,000 | 63,822,000 | 58,292,000 | 59,642,000 | 60,882,000 | 58,695,000 | 57,133,000 | 57,295,000 | 56,339,000 | 44,575,000 | 44,709,000 | 41,486,000 |
| Gross Profit | 220,604,000 | 216,596,000 | 142,833,000 | 55,725,000 | 177,514,000 | 171,844,000 | 170,040,000 | 164,677,000 | 159,537,000 | 150,279,000 | 143,723,000 | 138,237,000 | 142,218,000 | 139,890,000 | 130,234,000 |
| Admin Expenses | 231,519,000 | 239,557,000 | 121,974,000 | 122,706,000 | 119,213,000 | ||||||||||
| Operating Profit | -10,915,000 | -22,961,000 | 20,244,000 | 17,184,000 | 11,021,000 | ||||||||||
| Interest Payable | 13,505,000 | 7,039,000 | 856,000 | ||||||||||||
| Interest Receivable | 889,000 | ||||||||||||||
| Pre-Tax Profit | -24,420,000 | 61,209,000 | 7,053,000 | -48,419,000 | 20,412,000 | 20,254,000 | 23,714,000 | 26,833,000 | 19,752,000 | 18,523,000 | 17,685,000 | 18,295,000 | 21,133,000 | 17,184,000 | 11,021,000 |
| Tax | 2,748,000 | -3,556,000 | -3,749,000 | 3,385,000 | -4,098,000 | -4,043,000 | -4,820,000 | -6,628,000 | -4,588,000 | -3,576,000 | -3,593,000 | -6,021,000 | -6,462,000 | -4,937,000 | -2,066,000 |
| Profit After Tax | -21,672,000 | 57,653,000 | 3,304,000 | -45,034,000 | 16,314,000 | 16,211,000 | 18,894,000 | 20,205,000 | 15,164,000 | 14,947,000 | 14,092,000 | 12,274,000 | 14,671,000 | 12,247,000 | 8,955,000 |
| Dividends Paid | 251,557,000 | 16,200,000 | 20,300,000 | 22,000,000 | 5,700,000 | 14,100,000 | 12,200,000 | 14,700,000 | 12,300,000 | 7,000,000 | 6,700,000 | ||||
| Retained Profit | -21,672,000 | -193,904,000 | 3,304,000 | -45,034,000 | 114,000 | 16,211,000 | -1,406,000 | -1,795,000 | 9,464,000 | 847,000 | 1,892,000 | -2,426,000 | 2,371,000 | 5,247,000 | 2,255,000 |
| Employee Costs | 90,185,000 | 79,269,000 | 53,807,000 | 39,398,000 | 69,031,000 | 64,092,000 | 63,101,000 | 60,855,000 | 58,461,000 | 54,460,000 | 51,599,000 | 52,528,000 | 51,349,000 | 51,404,000 | 48,847,000 |
| Number Of Employees | 3,893 | 3,916 | 3,244 | 3,646 | 3,889 | 3,866 | 3,843 | 3,867 | 3,842 | 3,724 | 3,719 | 3,687 | 3,589 | 3,571 | 3,448 |
| EBITDA* | 17,119,000 | 2,031,000 | 32,734,000 | 28,436,000 | 21,792,000 |
* 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 | 309,223,000 | 325,900,000 | 308,792,000 | 155,128,000 | 158,252,000 | 155,882,000 | 128,874,000 | 119,596,000 | 115,779,000 | 116,990,000 | 98,580,000 | 92,194,000 | 81,170,000 | 80,885,000 | 82,472,000 |
| Intangible Assets | 62,721,000 | 61,519,000 | |||||||||||||
| Investments & Other | 44,398,000 | 35,419,000 | 87,214,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 100,000 | |||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 416,342,000 | 422,838,000 | 396,006,000 | 155,428,000 | 158,552,000 | 155,882,000 | 129,174,000 | 119,896,000 | 116,079,000 | 117,290,000 | 98,880,000 | 92,494,000 | 81,270,000 | 80,885,000 | 82,472,000 |
| Stock & work in progress | 3,942,000 | 4,092,000 | 2,381,000 | 1,884,000 | 3,144,000 | 3,711,000 | 3,605,000 | 3,016,000 | 3,110,000 | 3,020,000 | 3,275,000 | 3,694,000 | 3,072,000 | 3,168,000 | 2,622,000 |
| Trade Debtors | 9,061,000 | 10,259,000 | 5,082,000 | 5,795,000 | 2,785,000 | 2,082,000 | 2,177,000 | 2,441,000 | 2,376,000 | 2,057,000 | 1,890,000 | 2,144,000 | 2,293,000 | 1,601,000 | 1,711,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 19,425,000 | 6,912,000 | 5,582,000 | 13,364,000 | 5,451,000 | 4,451,000 | 3,821,000 | 3,428,000 | 3,416,000 | 3,577,000 | 2,862,000 | 2,245,000 | 2,741,000 | 1,916,000 | |
| Cash | 18,396,000 | 18,947,000 | 46,917,000 | 206,000 | 44,533,000 | 5,411,000 | 29,160,000 | 36,722,000 | 40,971,000 | 24,206,000 | 26,299,000 | 4,742,000 | 16,340,000 | 30,211,000 | 15,692,000 |
| misc current assets | |||||||||||||||
| total current assets | 50,824,000 | 40,210,000 | 59,962,000 | 21,249,000 | 55,913,000 | 16,025,000 | 39,393,000 | 46,000,000 | 49,885,000 | 32,699,000 | 35,041,000 | 13,442,000 | 23,950,000 | 37,721,000 | 21,941,000 |
| total assets | 467,166,000 | 463,048,000 | 455,968,000 | 176,677,000 | 214,465,000 | 171,907,000 | 168,567,000 | 165,896,000 | 165,964,000 | 149,989,000 | 133,921,000 | 105,936,000 | 105,220,000 | 118,606,000 | 104,413,000 |
| Bank overdraft | 46,519,000 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 8,717,000 | 9,280,000 | 6,155,000 | 3,044,000 | 5,997,000 | 5,403,000 | 5,459,000 | 5,831,000 | 5,293,000 | 4,924,000 | 4,607,000 | 4,533,000 | 2,601,000 | 4,240,000 | 5,172,000 |
| Group/Directors Accounts | 37,734,000 | 26,137,000 | 114,986,000 | 58,073,000 | 85,407,000 | 47,557,000 | 43,324,000 | 42,957,000 | 42,473,000 | 35,980,000 | 10,189,000 | 10,975,000 | 25,531,000 | 21,077,000 | |
| other short term finances | 3,808,000 | 3,934,000 | 56,367,000 | ||||||||||||
| hp & lease commitments | 1,075,000 | 815,000 | 286,000 | ||||||||||||
| other current liabilities | 88,630,000 | 84,210,000 | 17,950,000 | 10,849,000 | 26,899,000 | 25,493,000 | 25,933,000 | 29,179,000 | 28,510,000 | 23,077,000 | 22,614,000 | 23,526,000 | 21,060,000 | 19,482,000 | |
| total current liabilities | 139,964,000 | 124,376,000 | 139,377,000 | 118,485,000 | 118,303,000 | 82,771,000 | 78,509,000 | 75,088,000 | 77,429,000 | 75,907,000 | 63,664,000 | 37,336,000 | 37,102,000 | 50,831,000 | 45,731,000 |
| loans | 203,522,000 | 199,468,000 | |||||||||||||
| hp & lease commitments | 63,869,000 | 62,833,000 | 18,988,000 | ||||||||||||
| Accruals and Deferred Income | 57,401,000 | 44,613,000 | 38,340,000 | 30,566,000 | 30,426,000 | 27,378,000 | 22,294,000 | 19,483,000 | 18,962,000 | 17,036,000 | 18,886,000 | 14,833,000 | |||
| other liabilities | |||||||||||||||
| provisions | 46,802,000 | 52,319,000 | 44,712,000 | 7,218,000 | 6,427,000 | 5,522,000 | 5,006,000 | 3,986,000 | 4,081,000 | 1,601,000 | 2,357,000 | 1,375,000 | 1,553,000 | 1,760,000 | |
| total long term liabilities | 314,193,000 | 314,620,000 | 121,101,000 | 51,831,000 | 44,767,000 | 37,855,000 | 36,088,000 | 35,432,000 | 31,364,000 | 26,375,000 | 21,084,000 | 21,319,000 | 18,411,000 | 20,439,000 | 16,593,000 |
| total liabilities | 454,157,000 | 438,996,000 | 260,478,000 | 170,316,000 | 163,070,000 | 120,626,000 | 114,597,000 | 110,520,000 | 108,793,000 | 102,282,000 | 84,748,000 | 58,655,000 | 55,513,000 | 71,270,000 | 62,324,000 |
| net assets | 13,009,000 | 24,052,000 | 195,490,000 | 6,361,000 | 51,395,000 | 51,281,000 | 53,970,000 | 55,376,000 | 57,171,000 | 47,707,000 | 49,173,000 | 47,281,000 | 49,707,000 | 47,336,000 | 42,089,000 |
| total shareholders funds | 13,009,000 | 24,052,000 | 195,490,000 | 6,361,000 | 51,395,000 | 51,281,000 | 53,970,000 | 55,376,000 | 57,171,000 | 47,707,000 | 49,173,000 | 47,281,000 | 49,707,000 | 47,336,000 | 42,089,000 |
| 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 | -10,915,000 | -22,961,000 | 20,244,000 | 17,184,000 | 11,021,000 | ||||||||||
| Depreciation | 25,208,000 | 24,642,000 | 20,133,000 | 15,160,000 | 15,181,000 | 14,831,000 | 15,255,000 | 14,746,000 | 14,868,000 | 13,420,000 | 12,510,000 | 12,271,000 | 12,490,000 | 11,252,000 | 10,771,000 |
| Amortisation | 2,826,000 | 350,000 | |||||||||||||
| Tax | 2,748,000 | -3,556,000 | -3,749,000 | 3,385,000 | -4,098,000 | -4,043,000 | -4,820,000 | -6,628,000 | -4,588,000 | -3,576,000 | -3,593,000 | -6,021,000 | -6,462,000 | -4,937,000 | -2,066,000 |
| Stock | -150,000 | 1,711,000 | 497,000 | -1,260,000 | -567,000 | 106,000 | 589,000 | -94,000 | 90,000 | -255,000 | -419,000 | 622,000 | -96,000 | 546,000 | 2,622,000 |
| Debtors | 11,315,000 | 6,507,000 | -8,495,000 | 10,923,000 | 6,154,000 | -4,546,000 | 366,000 | 458,000 | 331,000 | 6,000 | 461,000 | 468,000 | 196,000 | 715,000 | 3,627,000 |
| Creditors | -563,000 | 3,125,000 | 3,111,000 | -2,953,000 | 594,000 | -56,000 | -372,000 | 538,000 | 369,000 | 317,000 | 74,000 | 1,932,000 | -1,639,000 | -932,000 | 5,172,000 |
| Accruals and Deferred Income | 4,420,000 | 8,859,000 | 19,889,000 | -9,777,000 | 65,239,000 | -56,059,000 | -300,000 | -198,000 | 5,753,000 | 8,244,000 | 984,000 | 1,014,000 | 616,000 | 5,631,000 | 34,315,000 |
| Deferred Taxes & Provisions | -5,517,000 | 7,607,000 | 37,494,000 | 791,000 | 6,427,000 | -5,522,000 | 516,000 | 1,020,000 | -95,000 | 2,480,000 | -756,000 | 982,000 | -178,000 | -207,000 | 1,760,000 |
| Cash flow from operations | 7,042,000 | 9,848,000 | 24,971,000 | 26,730,000 | 54,724,000 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 8,979,000 | -51,795,000 | 86,914,000 | 300,000 | -300,000 | 200,000 | 100,000 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 11,597,000 | -88,849,000 | 56,913,000 | -27,334,000 | 85,407,000 | -47,557,000 | 4,233,000 | 367,000 | 484,000 | 6,493,000 | 25,791,000 | -786,000 | -14,556,000 | 4,454,000 | 21,077,000 |
| Other Short Term Loans | -126,000 | 3,934,000 | -56,367,000 | 56,367,000 | |||||||||||
| Long term loans | 4,054,000 | 199,468,000 | |||||||||||||
| Hire Purchase and Lease Commitments | 1,296,000 | 44,374,000 | 19,274,000 | ||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -13,505,000 | -7,039,000 | -856,000 | 889,000 | |||||||||||
| cash flow from financing | 13,945,000 | 174,354,000 | 261,156,000 | -27,334,000 | 29,040,000 | 4,233,000 | 367,000 | 484,000 | 4,180,000 | 25,791,000 | -786,000 | -13,667,000 | 4,454,000 | 60,911,000 | |
| cash and cash equivalents | |||||||||||||||
| cash | -551,000 | -27,970,000 | 46,711,000 | -44,327,000 | 39,122,000 | -23,749,000 | -7,562,000 | -4,249,000 | 16,765,000 | -2,093,000 | 21,557,000 | -11,598,000 | -13,871,000 | 14,519,000 | 15,692,000 |
| overdraft | -46,519,000 | 46,519,000 | |||||||||||||
| change in cash | -551,000 | -27,970,000 | 93,230,000 | -90,846,000 | 39,122,000 | -23,749,000 | -7,562,000 | -4,249,000 | 16,765,000 | -2,093,000 | 21,557,000 | -11,598,000 | -13,871,000 | 14,519,000 | 15,692,000 |
butlins skyline limited Credit Report and Business Information
Butlins Skyline Limited Competitor Analysis
Perform a competitor analysis for butlins skyline limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mega companies, companies in HP2 area or any other competitors across 12 key performance metrics.
butlins skyline limited Ownership
BUTLINS SKYLINE LIMITED group structure
Butlins Skyline Limited has 4 subsidiary companies.
Ultimate parent company
ZENIT BIDCO JERSEY LTD
#0154217
2 parents
BUTLINS SKYLINE LIMITED
04011665
4 subsidiaries
butlins skyline limited directors
Butlins Skyline Limited currently has 2 directors. The longest serving directors include Mr Jon Hendry Pickup (Oct 2022) and Mr David Carter (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jon Hendry Pickup | United Kingdom | 52 years | Oct 2022 | - | Director |
| Mr David Carter | United Kingdom | 55 years | Jun 2023 | - | Director |
P&L
December 2023turnover
292.7m
+1%
operating profit
-10.9m
-52%
gross margin
75.4%
+1.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13m
-0.46%
total assets
467.2m
+0.01%
cash
18.4m
-0.03%
net assets
Total assets minus all liabilities
butlins skyline limited company details
company number
04011665
Type
Private limited with Share Capital
industry
55300 - Camping grounds, recreational vehicle parks and trailer parks
incorporation date
June 2000
age
25
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
115cr (009) limited (September 2000)
accountant
-
auditor
ERNST & YOUNG LLP
address
first floor, breakspear place, breakspear park, hemel hempstead, hertfordshire, HP2 4TZ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
butlins skyline limited Charges & Mortgages
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 7 charges/mortgages relating to butlins skyline limited. Currently there are 1 open charges and 6 have been satisfied in the past.
butlins skyline limited Capital Raised & Share Issues BETA
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 BUTLINS SKYLINE LIMITED. This can take several minutes, an email will notify you when this has completed.
butlins skyline limited Companies House Filings - See Documents
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