H. B. LEISURE LTD.

• ⚠

  Annual accounts overdue

  Due 2026-03-28.

1. H. B. LEISURE LTD. 1993-09-23 → present
2. BURT AND ADAMS LIMITED 1960-03-01 → 1993-09-23

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared financial projections along with sensitivity analyses of reasonably plausible alternative outcomes. The forecasts demonstrate that the directors have a reasonable expectation that the company has adequate financial resources to continue in operational existence for the foreseeable future. The directors therefore continue to adopt the going concern basis in preparing the company's financial statements.”

Significant events

• “The company's growth strategy continues to be based on the principles of adding new sites to existing countries, opening in new sites in the UK (4), Middle East (2) and Asia (5) as well as new events and installations in the Middle East during the year.”
• “Notably, the UAE saw turnover increase by £1.4m in the year with the addition of 2 new all-year indoor sites which will aid the business' trading during the UAE higher temperature summer months.”
• “The FY24 year has seen the company make good progress towards its strategic objectives, despite inflationary pressures seen globally. Although interest rates have increased, the company has continued to invest in new and existing parks and events to realise further growth.”
• “There has been further new business investment for the year ahead, with new sites secured for FY25 in the UAE and Europe and expansion within a number of existing parks through adding further revenue generating activities.”
• “During the period the company invested £5.8m (FY23: £3.9m) in tangible fixed assets to support its activities. This was largely new site investment in the Middle East and Asia. There was also significant investment in the existing sites reflecting the focus on continual improvement in customer experience and the aim of increasing participation and spend per head for the benefit of the company and its partners.”
• “The company also invested in a significant energy efficiency initiative through adding solar panels to one of its arcades in North Wales.”
• “In December 2023, the company installed 385 units of 405-Watt solar panels on the roof of the Palace Fun Centre, Rhyl. The year-on-year energy saving in the 4 month period to March 2024 was 12,104 kWh, with a projected annualised Total Energy Saving in the region of 25,000 - 30,000 kWh anticipated.”
• “The company has guaranteed the bank borrowings of group companies. The total amount due in respect of bank borrowings at 31 March 2024 is £22,124,000 (2023: £18,848,000).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +8%

  £81,680,000 → £88,221,000

• Cash

  -8.5%

  £4,475,000 → £4,094,000

• Net assets

  -18.8%

  £12,170,000 → £9,877,000

• Employees

  +4.7%

  860 → 900

• Operating profit

  -1%

  £5,673,000 → £5,615,000

• Profit before tax

  -30.4%

  £5,052,000 → £3,517,000

• Wages

  +10%

  £14,625,000 → £16,085,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers