leisure resorts limited
leisure resorts limited Company Information
Company Number
10528028
Registered Address
medina house 2 station avenue, bridlington, east yorkshire, YO16 4LZ
Industry
Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
gary michael molloy 45.4%
claire molloy 43.6%
View Allleisure resorts limited Estimated Valuation
The estimated valuation range for leisure resorts limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £4.8m to £23.5m
leisure resorts limited Estimated Valuation
The estimated valuation range for leisure resorts limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £4.8m to £23.5m
leisure resorts limited Estimated Valuation
The estimated valuation range for leisure resorts limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £4.8m to £23.5m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Leisure Resorts Limited Overview
Leisure Resorts Limited is a live company located in east yorkshire, YO16 4LZ with a Companies House number of 10528028. It operates in the other holiday and other collective accommodation sector, SIC Code 55209. Founded in December 2016, it's largest shareholder is gary michael molloy with a 45.4% stake. Leisure Resorts Limited is a young, large sized company, Pomanda has estimated its turnover at £25.2m with high growth in recent years.
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Leisure Resorts Limited Health Check
Pomanda's financial health check has awarded Leisure Resorts Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £25.2m, make it larger than the average company (£396.9k)
£25.2m - Leisure Resorts Limited
£396.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (3.5%)
18% - Leisure Resorts Limited
3.5% - Industry AVG
Production
with a gross margin of 44.8%, this company has a higher cost of product (64.2%)
44.8% - Leisure Resorts Limited
64.2% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (15.8%)
2.3% - Leisure Resorts Limited
15.8% - Industry AVG
Employees
with 218 employees, this is above the industry average (15)
218 - Leisure Resorts Limited
15 - Industry AVG
Pay Structure
on an average salary of £28.3k, the company has a higher pay structure (£22.2k)
£28.3k - Leisure Resorts Limited
£22.2k - Industry AVG
Efficiency
resulting in sales per employee of £115.6k, this is more efficient (£57.7k)
£115.6k - Leisure Resorts Limited
£57.7k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is near the average (14 days)
12 days - Leisure Resorts Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is close to average (59 days)
60 days - Leisure Resorts Limited
59 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is less than average (79 days)
46 days - Leisure Resorts Limited
79 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (41 weeks)
0 weeks - Leisure Resorts Limited
41 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95%, this is a higher level of debt than the average (53.6%)
95% - Leisure Resorts Limited
53.6% - Industry AVG
leisure resorts limited Credit Report and Business Information
Leisure Resorts Limited Competitor Analysis
Perform a competitor analysis for leisure resorts limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
leisure resorts limited Ownership
LEISURE RESORTS LIMITED group structure
Leisure Resorts Limited has 1 subsidiary company.
Ultimate parent company
LEISURE RESORTS LIMITED
10528028
1 subsidiary
leisure resorts limited directors
Leisure Resorts Limited currently has 4 directors. The longest serving directors include Mr Gary Molloy (Dec 2016) and Mrs Emma Bristow (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Molloy | England | 60 years | Dec 2016 | - | Director |
| Mrs Emma Bristow | England | 44 years | Jul 2018 | - | Director |
| Mr Grant Gidman | England | 47 years | Jul 2018 | - | Director |
| Mr Michael Jones | United Kingdom | 36 years | Jul 2022 | - | Director |
LEISURE RESORTS LIMITED financials
Leisure Resorts Limited's latest turnover from December 2022 is £25.2 million and the company has net assets of £2.7 million. According to their latest financial statements, Leisure Resorts Limited has 218 employees and maintains cash reserves of £9.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 25,204,108 | 28,228,161 | 19,697,849 | 15,391,547 | 9,294,037 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 13,921,469 | 14,654,446 | 10,752,679 | 8,735,192 | 5,604,740 | |
| Gross Profit | 11,282,639 | 13,573,715 | 8,945,170 | 6,656,355 | 3,689,297 | |
| Admin Expenses | 10,694,678 | 8,611,416 | 6,393,348 | 6,874,935 | 3,926,559 | |
| Operating Profit | 587,961 | 4,962,299 | 2,551,822 | -218,580 | -237,262 | |
| Interest Payable | 811,596 | 2,745,049 | 613,469 | 566,906 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 304 | 0 | |
| Pre-Tax Profit | -223,635 | 2,217,250 | 1,938,353 | -785,182 | -237,262 | |
| Tax | 150,882 | -677,731 | -317,064 | 296,160 | 74,266 | |
| Profit After Tax | -72,753 | 1,539,519 | 1,621,289 | -489,022 | -162,996 | |
| Dividends Paid | 0 | 14,725 | 60,000 | 60,000 | 0 | |
| Retained Profit | -72,753 | 1,524,794 | 1,561,289 | -549,022 | -162,996 | |
| Employee Costs | 6,172,334 | 5,436,997 | 3,986,357 | 3,434,351 | 1,881,222 | |
| Number Of Employees | 218 | 165 | 155 | 137 | 79 | 18 |
| EBITDA* | 2,844,173 | 7,024,961 | 4,759,858 | 1,724,692 | 713,397 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 48,862,180 | 44,875,277 | 42,307,623 | 42,650,456 | 35,509,525 | 17,281,422 |
| Intangible Assets | 750,664 | 893,663 | 767,913 | 885,912 | 1,003,911 | 1,121,911 |
| Investments & Other | 300 | 300 | 300 | 300 | 300 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 49,613,144 | 45,769,240 | 43,075,836 | 43,536,668 | 36,513,736 | 18,403,333 |
| Stock & work in progress | 1,768,757 | 1,656,091 | 1,463,209 | 1,502,069 | 1,461,921 | 2,063,447 |
| Trade Debtors | 860,820 | 1,889,447 | 1,237,630 | 212,291 | 228,476 | 1,210,673 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 57,388 |
| Misc Debtors | 1,207,058 | 1,470,695 | 1,068,244 | 639,674 | 755,139 | 246,195 |
| Cash | 9,445 | 5,910,956 | 6,286,697 | 1,346,414 | 849,381 | 1,218,889 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 300 |
| total current assets | 3,846,080 | 10,927,189 | 10,055,780 | 3,700,448 | 3,294,917 | 4,796,892 |
| total assets | 53,459,224 | 56,696,429 | 53,131,616 | 47,237,116 | 39,808,653 | 23,200,225 |
| Bank overdraft | 2,209,519 | 1,477,888 | 474,116 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,321,192 | 2,950,397 | 1,789,185 | 3,813,033 | 3,570,269 | 1,845,688 |
| Group/Directors Accounts | 300 | 300 | 300 | 200,300 | 300 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 135,205 | 133,199 | 128,030 | 0 | 0 | 0 |
| other current liabilities | 2,930,630 | 6,238,737 | 3,836,072 | 1,096,251 | 455,375 | 1,002,749 |
| total current liabilities | 7,596,846 | 10,800,521 | 6,227,703 | 5,109,584 | 4,025,944 | 2,848,437 |
| loans | 42,519,468 | 42,370,653 | 45,539,162 | 42,544,874 | 35,651,029 | 0 |
| hp & lease commitments | 111,543 | 70,253 | 199,900 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 20,057,112 |
| provisions | 547,753 | 698,635 | 20,904 | 0 | 0 | 0 |
| total long term liabilities | 43,178,764 | 43,139,541 | 45,759,966 | 42,544,874 | 35,651,029 | 20,057,112 |
| total liabilities | 50,775,610 | 53,940,062 | 51,987,669 | 47,654,458 | 39,676,973 | 22,905,549 |
| net assets | 2,683,614 | 2,756,367 | 1,143,947 | -417,342 | 131,680 | 294,676 |
| total shareholders funds | 2,683,614 | 2,756,367 | 1,143,947 | -417,342 | 131,680 | 294,676 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 587,961 | 4,962,299 | 2,551,822 | -218,580 | -237,262 | |
| Depreciation | 2,113,213 | 1,938,412 | 2,090,037 | 1,825,273 | 832,659 | 71,210 |
| Amortisation | 142,999 | 124,250 | 117,999 | 117,999 | 118,000 | 0 |
| Tax | 150,882 | -677,731 | -317,064 | 296,160 | 74,266 | |
| Stock | 112,666 | 192,882 | -38,860 | 40,148 | -601,526 | 2,063,447 |
| Debtors | -1,292,264 | 1,054,268 | 1,453,909 | -131,650 | -530,641 | 1,514,256 |
| Creditors | -629,205 | 1,161,212 | -2,023,848 | 242,764 | 1,724,581 | 1,845,688 |
| Accruals and Deferred Income | -3,308,107 | 2,402,665 | 2,739,821 | 640,876 | -547,374 | 1,002,749 |
| Deferred Taxes & Provisions | -150,882 | 677,731 | 20,904 | 0 | 0 | 0 |
| Cash flow from operations | 86,459 | 9,341,688 | 3,764,622 | 2,995,994 | 3,097,037 | |
| Investing Activities | ||||||
| capital expenditure | 0 | 0 | 0 | 0 | -19,088,577 | |
| Change in Investments | 0 | 0 | 0 | 0 | 300 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -19,088,877 | |
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -200,000 | 200,000 | 300 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 148,815 | -3,168,509 | 2,994,288 | 6,893,845 | 35,651,029 | 0 |
| Hire Purchase and Lease Commitments | 43,296 | -124,478 | 327,930 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -20,057,112 | 20,057,112 |
| share issue | ||||||
| interest | -811,596 | -2,745,049 | -613,469 | -566,602 | 0 | |
| cash flow from financing | -619,485 | -5,950,410 | 2,508,749 | 6,527,243 | 15,594,217 | |
| cash and cash equivalents | ||||||
| cash | -5,901,511 | -375,741 | 4,940,283 | 497,033 | -369,508 | 1,218,889 |
| overdraft | 731,631 | 1,003,772 | 474,116 | 0 | 0 | 0 |
| change in cash | -6,633,142 | -1,379,513 | 4,466,167 | 497,033 | -369,508 | 1,218,889 |
P&L
December 2022turnover
25.2m
-11%
operating profit
588k
-88%
gross margin
44.8%
-6.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.7m
-0.03%
total assets
53.5m
-0.06%
cash
9.4k
-1%
net assets
Total assets minus all liabilities
leisure resorts limited company details
company number
10528028
Type
Private limited with Share Capital
industry
55209 - Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
incorporation date
December 2016
age
8
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
medina house 2 station avenue, bridlington, east yorkshire, YO16 4LZ
last accounts submitted
December 2022
leisure 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 6 charges/mortgages relating to leisure resorts limited. Currently there are 4 open charges and 2 have been satisfied in the past.
leisure resorts limited Companies House Filings - See Documents
| date | description | view/download |
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