park resorts limited
park resorts limited Company Information
Company Number
04133998
Next Accounts
Sep 2025
Shareholders
pd parks limited
Group Structure
View All
Industry
Camping grounds, recreational vehicle parks and trailer parks
Registered Address
2nd floor one gosforth park way, gosforth business park, newcastle upon tyne, NE12 8ET
park resorts limited Estimated Valuation
Pomanda estimates the enterprise value of PARK RESORTS LIMITED at £849.1m based on a Turnover of £211.6m and 4.01x industry multiple (adjusted for size and gross margin).
park resorts limited Estimated Valuation
Pomanda estimates the enterprise value of PARK RESORTS LIMITED at £314.1m based on an EBITDA of £21.3m and a 14.72x industry multiple (adjusted for size and gross margin).
park resorts limited Estimated Valuation
Pomanda estimates the enterprise value of PARK RESORTS LIMITED at £335.8m based on Net Assets of £99m and 3.39x industry multiple (adjusted for liquidity).
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Park Resorts Limited Overview
Park Resorts Limited is a live company located in newcastle upon tyne, NE12 8ET with a Companies House number of 04133998. It operates in the recreational vehicle parks, trailer parks and camping grounds sector, SIC Code 55300. Founded in December 2000, it's largest shareholder is pd parks limited with a 100% stake. Park Resorts Limited is a mature, mega sized company, Pomanda has estimated its turnover at £211.6m with healthy growth in recent years.
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Park Resorts Limited Health Check
Pomanda's financial health check has awarded Park Resorts Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £211.6m, make it larger than the average company (£7.2m)
£211.6m - Park Resorts Limited
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a similar rate (10.6%)
12% - Park Resorts Limited
10.6% - Industry AVG
Production
with a gross margin of 72.3%, this company has a comparable cost of product (67.6%)
72.3% - Park Resorts Limited
67.6% - Industry AVG
Profitability
an operating margin of -2.3% make it less profitable than the average company (6.9%)
-2.3% - Park Resorts Limited
6.9% - Industry AVG
Employees
with 2435 employees, this is above the industry average (56)
2435 - Park Resorts Limited
56 - Industry AVG
Pay Structure
on an average salary of £21.3k, the company has an equivalent pay structure (£21.2k)
£21.3k - Park Resorts Limited
£21.2k - Industry AVG
Efficiency
resulting in sales per employee of £86.9k, this is less efficient (£103k)
£86.9k - Park Resorts Limited
£103k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is later than average (12 days)
42 days - Park Resorts Limited
12 days - Industry AVG
Creditor Days
its suppliers are paid after 332 days, this is slower than average (87 days)
332 days - Park Resorts Limited
87 days - Industry AVG
Stock Days
it holds stock equivalent to 97 days, this is in line with average (94 days)
97 days - Park Resorts Limited
94 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Park Resorts Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.5%, this is a higher level of debt than the average (52.5%)
86.5% - Park Resorts Limited
52.5% - Industry AVG
PARK RESORTS LIMITED financials
Park Resorts Limited's latest turnover from December 2023 is £211.6 million and the company has net assets of £99 million. According to their latest financial statements, Park Resorts Limited has 2,435 employees and maintains cash reserves of £995 thousand 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 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 211,557,000 | 227,336,000 | 230,833,000 | 150,259,000 | 194,916,000 | 186,735,000 | 192,449,000 | 198,941,000 | 183,572,000 | 148,858,000 | 162,591,000 | 167,484,000 | 173,339,000 | 158,796,000 | 149,185,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 58,712,000 | 65,929,000 | 68,156,000 | 48,816,000 | 61,506,000 | 58,533,000 | 62,936,000 | 60,078,000 | 55,716,000 | 49,021,000 | 57,131,000 | 65,770,000 | 74,177,000 | 64,400,000 | 57,425,000 |
| Gross Profit | 152,845,000 | 161,407,000 | 162,677,000 | 101,443,000 | 133,410,000 | 128,202,000 | 129,513,000 | 138,863,000 | 127,856,000 | 99,837,000 | 105,460,000 | 101,714,000 | 99,162,000 | 94,396,000 | 91,760,000 |
| Admin Expenses | 157,765,000 | 157,657,000 | 116,097,000 | 104,123,000 | 114,296,000 | 105,976,000 | 164,348,000 | 129,966,000 | 127,911,000 | 91,274,000 | 110,241,000 | 105,765,000 | 101,374,000 | 104,004,000 | 100,576,000 |
| Operating Profit | -4,920,000 | 3,750,000 | 46,580,000 | -2,680,000 | 19,114,000 | 22,226,000 | -34,835,000 | 8,897,000 | -55,000 | 8,563,000 | -4,781,000 | -4,051,000 | -2,212,000 | -9,608,000 | -8,816,000 |
| Interest Payable | 5,837,000 | 4,613,000 | 4,323,000 | 4,440,000 | 3,633,000 | 2,846,000 | 1,872,000 | 102,000 | 12,000 | 2,000 | 4,000 | ||||
| Interest Receivable | 1,000 | 77,000 | 354,000 | 194,000 | 92,000 | 26,000 | 28,000 | 40,000 | 42,000 | ||||||
| Pre-Tax Profit | -10,757,000 | -863,000 | 42,257,000 | -7,120,000 | 15,481,000 | 19,380,000 | 23,903,000 | 8,974,000 | 197,000 | 8,745,000 | -4,689,000 | -4,025,000 | -2,186,000 | -9,568,000 | -8,778,000 |
| Tax | 4,524,000 | -4,046,000 | -4,753,000 | 1,635,000 | -784,000 | -1,000,000 | -2,461,000 | 6,043,000 | -1,261,000 | ||||||
| Profit After Tax | -6,233,000 | -4,909,000 | 37,504,000 | -5,485,000 | 14,697,000 | 18,380,000 | 21,442,000 | 15,017,000 | -1,064,000 | 8,745,000 | -4,689,000 | -4,025,000 | -2,186,000 | -9,568,000 | -8,778,000 |
| Dividends Paid | 84,045,000 | 45,538,000 | |||||||||||||
| Retained Profit | -90,278,000 | -4,909,000 | 37,504,000 | -5,485,000 | 14,697,000 | 18,380,000 | -24,096,000 | 15,017,000 | -1,064,000 | 8,745,000 | -4,689,000 | -4,025,000 | -2,186,000 | -9,568,000 | -8,778,000 |
| Employee Costs | 51,898,000 | 49,350,000 | 48,846,000 | 42,565,000 | 44,119,000 | 41,003,000 | 39,337,000 | 43,583,000 | 41,160,000 | 31,863,000 | 37,689,000 | 34,620,000 | 33,252,000 | 30,115,000 | 28,944,000 |
| Number Of Employees | 2,435 | 2,498 | 2,262 | 2,299 | 2,318 | 2,269 | 2,214 | 2,384 | 2,366 | 2,251 | 1,908 | 1,977 | 1,861 | 1,796 | 1,609 |
| EBITDA* | 21,346,000 | 27,553,000 | 66,446,000 | 16,599,000 | 36,482,000 | 35,172,000 | -23,322,000 | 19,883,000 | 9,096,000 | 14,890,000 | 5,255,000 | 3,640,000 | 5,288,000 | -2,280,000 | -2,252,000 |
* 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 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 361,533,000 | 371,240,000 | 581,907,000 | 572,675,000 | 567,159,000 | 549,000,000 | 562,158,000 | 68,787,000 | 56,237,000 | 57,565,000 | 59,176,000 | 55,293,000 | 53,593,000 | 47,223,000 | 45,077,000 |
| Intangible Assets | 241,756,000 | 237,503,000 | 12,000 | 22,000 | 52,000 | 6,095,000 | |||||||||
| Investments & Other | 1,322,000 | 2,890,000 | 1,217,000 | 1,637,000 | 2,236,000 | 56,388,000 | 56,388,000 | 56,388,000 | 56,388,000 | 56,388,000 | 56,388,000 | 56,388,000 | 56,388,000 | ||
| Debtors (Due After 1 year) | 87,509,000 | 120,380,000 | 183,408,000 | 164,700,000 | 149,172,000 | 148,359,000 | |||||||||
| Total Fixed Assets | 690,798,000 | 729,123,000 | 583,241,000 | 575,587,000 | 568,376,000 | 550,689,000 | 564,394,000 | 125,175,000 | 112,625,000 | 113,953,000 | 298,972,000 | 276,381,000 | 109,981,000 | 252,783,000 | 255,919,000 |
| Stock & work in progress | 15,653,000 | 17,910,000 | 14,513,000 | 10,301,000 | 13,301,000 | 15,748,000 | 17,603,000 | 13,891,000 | 10,486,000 | 12,192,000 | 9,868,000 | 9,980,000 | 10,380,000 | 12,405,000 | 12,424,000 |
| Trade Debtors | 24,669,000 | 22,372,000 | 14,726,000 | 9,987,000 | 15,961,000 | 12,560,000 | 13,625,000 | 17,547,000 | 19,149,000 | 21,251,000 | 13,168,000 | 11,668,000 | 11,928,000 | 8,205,000 | 10,676,000 |
| Group Debtors | 219,000 | 33,371,000 | 204,060,000 | 166,913,000 | 166,996,000 | 139,386,000 | 97,242,000 | 302,653,000 | 231,459,000 | 197,300,000 | 157,042,000 | ||||
| Misc Debtors | 3,061,000 | 3,572,000 | 1,513,000 | 1,490,000 | 2,634,000 | 3,505,000 | 4,221,000 | 10,462,000 | 3,403,000 | 3,453,000 | 3,271,000 | 3,587,000 | 4,218,000 | 3,923,000 | 2,893,000 |
| Cash | 995,000 | 3,412,000 | 488,000 | 179,000 | 808,000 | 863,000 | 1,339,000 | 6,240,000 | 3,160,000 | 12,173,000 | 4,395,000 | 10,403,000 | 8,353,000 | 7,066,000 | 5,215,000 |
| misc current assets | |||||||||||||||
| total current assets | 44,597,000 | 80,637,000 | 235,300,000 | 188,870,000 | 199,700,000 | 172,062,000 | 134,030,000 | 350,793,000 | 267,657,000 | 246,369,000 | 30,702,000 | 35,638,000 | 191,921,000 | 31,599,000 | 31,208,000 |
| total assets | 735,395,000 | 809,760,000 | 818,541,000 | 764,457,000 | 768,076,000 | 722,751,000 | 698,424,000 | 475,968,000 | 380,282,000 | 360,322,000 | 329,674,000 | 312,019,000 | 301,902,000 | 284,382,000 | 287,127,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 53,456,000 | 53,289,000 | 47,713,000 | 41,479,000 | 42,513,000 | 2,680,000 | 6,614,000 | 6,186,000 | 3,963,000 | 6,381,000 | 13,864,000 | 15,560,000 | 13,216,000 | 12,669,000 | 10,457,000 |
| Group/Directors Accounts | 412,308,000 | 429,619,000 | 428,977,000 | 427,898,000 | 426,962,000 | 426,200,000 | 424,245,000 | 332,481,000 | 259,402,000 | 227,472,000 | |||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 1,203,000 | 983,000 | 7,759,000 | 906,000 | 781,000 | 5,000 | 12,000 | ||||||||
| other current liabilities | 15,565,000 | 17,740,000 | 15,791,000 | 7,817,000 | 15,301,000 | 50,557,000 | 49,471,000 | 60,918,000 | 55,551,000 | 59,205,000 | 51,115,000 | 42,613,000 | 40,415,000 | 38,723,000 | 41,965,000 |
| total current liabilities | 482,532,000 | 501,631,000 | 500,240,000 | 478,100,000 | 485,557,000 | 479,442,000 | 480,342,000 | 399,585,000 | 318,916,000 | 293,058,000 | 64,979,000 | 58,173,000 | 53,631,000 | 51,392,000 | 52,422,000 |
| loans | 34,857,000 | 139,713,000 | 126,406,000 | 115,024,000 | 102,739,000 | 94,234,000 | |||||||||
| hp & lease commitments | 117,687,000 | 113,008,000 | 124,015,000 | 129,740,000 | 120,455,000 | 91,936,000 | 85,089,000 | 231,000 | |||||||
| Accruals and Deferred Income | 2,000,000 | ||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,336,000 | 5,796,000 | 1,782,000 | 1,954,000 | 2,606,000 | ||||||||||
| total long term liabilities | 153,880,000 | 118,804,000 | 124,015,000 | 129,740,000 | 120,455,000 | 91,936,000 | 85,089,000 | 141,944,000 | 126,406,000 | 116,806,000 | 104,693,000 | 96,840,000 | |||
| total liabilities | 636,412,000 | 620,435,000 | 624,255,000 | 607,840,000 | 606,012,000 | 571,378,000 | 565,431,000 | 399,585,000 | 318,916,000 | 293,058,000 | 206,923,000 | 184,579,000 | 170,437,000 | 156,085,000 | 149,262,000 |
| net assets | 98,983,000 | 189,325,000 | 194,286,000 | 156,617,000 | 162,064,000 | 151,373,000 | 132,993,000 | 76,383,000 | 61,366,000 | 67,264,000 | 122,751,000 | 127,440,000 | 131,465,000 | 128,297,000 | 137,865,000 |
| total shareholders funds | 98,983,000 | 189,325,000 | 194,286,000 | 156,617,000 | 162,064,000 | 151,373,000 | 132,993,000 | 76,383,000 | 61,366,000 | 67,264,000 | 122,751,000 | 127,440,000 | 131,465,000 | 128,297,000 | 137,865,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -4,920,000 | 3,750,000 | 46,580,000 | -2,680,000 | 19,114,000 | 22,226,000 | -34,835,000 | 8,897,000 | -55,000 | 8,563,000 | -4,781,000 | -4,051,000 | -2,212,000 | -9,608,000 | -8,816,000 |
| Depreciation | 19,805,000 | 16,080,000 | 19,856,000 | 19,271,000 | 17,354,000 | 12,946,000 | 11,513,000 | 10,986,000 | 9,151,000 | 6,327,000 | 10,036,000 | 7,691,000 | 7,500,000 | 7,265,000 | 6,501,000 |
| Amortisation | 6,461,000 | 7,723,000 | 10,000 | 8,000 | 14,000 | 63,000 | 63,000 | ||||||||
| Tax | 4,524,000 | -4,046,000 | -4,753,000 | 1,635,000 | -784,000 | -1,000,000 | -2,461,000 | 6,043,000 | -1,261,000 | ||||||
| Stock | -2,257,000 | 3,397,000 | 4,212,000 | -3,000,000 | -2,447,000 | -1,855,000 | 3,712,000 | 3,405,000 | -1,706,000 | 2,212,000 | -112,000 | -400,000 | -2,025,000 | -19,000 | 12,424,000 |
| Debtors | -64,237,000 | -40,604,000 | 41,909,000 | -7,201,000 | 30,140,000 | 40,363,000 | -215,574,000 | 76,651,000 | 32,007,000 | 42,049,000 | 19,892,000 | 6,767,000 | 11,888,000 | -628,000 | 161,928,000 |
| Creditors | 167,000 | 5,576,000 | 6,234,000 | -1,034,000 | 39,833,000 | -3,934,000 | 428,000 | 2,223,000 | -2,418,000 | -9,179,000 | -1,696,000 | 2,344,000 | 547,000 | 2,212,000 | 10,457,000 |
| Accruals and Deferred Income | -2,175,000 | 1,949,000 | 7,974,000 | -7,484,000 | -35,256,000 | 1,086,000 | -11,447,000 | 5,367,000 | -3,654,000 | 16,592,000 | 10,502,000 | 2,198,000 | 1,692,000 | -3,242,000 | 41,965,000 |
| Deferred Taxes & Provisions | -4,460,000 | 5,796,000 | -1,782,000 | -172,000 | -652,000 | 2,606,000 | |||||||||
| Cash flow from operations | 85,896,000 | 74,035,000 | 29,780,000 | 19,917,000 | 12,582,000 | -7,184,000 | 175,060,000 | -46,540,000 | -28,538,000 | -21,958,000 | -5,719,000 | 33,000 | -2,508,000 | -3,315,000 | -121,576,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1,322,000 | -1,568,000 | 1,673,000 | -420,000 | -599,000 | -54,152,000 | 56,388,000 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -17,311,000 | 642,000 | 1,079,000 | 936,000 | 762,000 | 1,955,000 | 91,764,000 | 73,079,000 | 31,930,000 | 227,472,000 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 34,857,000 | -126,406,000 | 13,307,000 | 11,382,000 | 12,285,000 | 8,505,000 | 94,234,000 | ||||||||
| Hire Purchase and Lease Commitments | 4,899,000 | -17,783,000 | 1,128,000 | 9,410,000 | 29,295,000 | 6,840,000 | 85,101,000 | 231,000 | |||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -5,837,000 | -4,613,000 | -4,323,000 | -4,440,000 | -3,633,000 | -2,846,000 | -1,871,000 | 77,000 | 252,000 | 182,000 | 92,000 | 26,000 | 26,000 | 40,000 | 38,000 |
| cash flow from financing | 16,544,000 | -21,806,000 | -1,951,000 | 5,944,000 | 22,418,000 | 5,949,000 | 255,700,000 | 73,156,000 | 27,348,000 | 32,327,000 | 13,630,000 | 11,408,000 | 17,665,000 | 8,545,000 | 240,915,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -2,417,000 | 2,924,000 | 309,000 | -629,000 | -55,000 | -476,000 | -4,901,000 | 3,080,000 | -9,013,000 | 1,770,000 | -6,008,000 | 2,050,000 | 1,287,000 | 1,851,000 | 5,215,000 |
| overdraft | |||||||||||||||
| change in cash | -2,417,000 | 2,924,000 | 309,000 | -629,000 | -55,000 | -476,000 | -4,901,000 | 3,080,000 | -9,013,000 | 1,770,000 | -6,008,000 | 2,050,000 | 1,287,000 | 1,851,000 | 5,215,000 |
park resorts limited Credit Report and Business Information
Park Resorts Limited Competitor Analysis
Perform a competitor analysis for park resorts limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mega companies, companies in NE12 area or any other competitors across 12 key performance metrics.
park resorts limited Ownership
PARK RESORTS LIMITED group structure
Park Resorts Limited has 4 subsidiary companies.
Ultimate parent company
RICHMOND HOLDINGS (JERSEY) LTD
#0041734
2 parents
PARK RESORTS LIMITED
04133998
4 subsidiaries
park resorts limited directors
Park Resorts Limited currently has 2 directors. The longest serving directors include Mr Stephen Richards (May 2019) and Mr Kirk Davis (Mar 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Richards | 57 years | May 2019 | - | Director | |
| Mr Kirk Davis | United Kingdom | 53 years | Mar 2024 | - | Director |
P&L
December 2023turnover
211.6m
-7%
operating profit
-4.9m
-231%
gross margin
72.3%
+1.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
99m
-0.48%
total assets
735.4m
-0.09%
cash
995k
-0.71%
net assets
Total assets minus all liabilities
park resorts limited company details
company number
04133998
Type
Private limited with Share Capital
industry
55300 - Camping grounds, recreational vehicle parks and trailer parks
incorporation date
December 2000
age
25
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
rbco 355 limited (March 2001)
accountant
-
auditor
KPMG LLP
address
2nd floor one gosforth park way, gosforth business park, newcastle upon tyne, NE12 8ET
Bank
HSBC BANK PLC
Legal Advisor
-
park resorts 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 32 charges/mortgages relating to park resorts limited. Currently there are 2 open charges and 30 have been satisfied in the past.
park resorts 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 PARK RESORTS LIMITED. This can take several minutes, an email will notify you when this has completed.
park resorts limited Companies House Filings - See Documents
| date | description | view/download |
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