BUZZ GROUP LIMITED

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  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

1. BUZZ GROUP LIMITED 2018-09-06 → present
2. GALA LEISURE LIMITED 1991-09-30 → 2018-09-06
3. CORAL SOCIAL CLUBS LIMITED 1984-03-12 → 1991-09-30
4. THORN EMI SOCIAL CENTRES LIMITED 1983-03-16 → 1984-03-12
5. EMI SOCIAL CENTRES LIMITED 1964-03-06 → 1983-03-16

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over their ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

1. BUZZ GROUP LIMITED · parent
   1. Buzz County Clubs Limited 100% · Scotland · Bingo Club Operator
   2. Beacon Bingo Entertainment Limited 100% · England and Wales · Bingo Club Operator
   3. Buzz Leisure Limited 100% · England and Wales · Non-trading
   4. Buzz Bingo Group Limited 100% · England and Wales · Non-trading
   5. Seldis Cooper Management Limited 100% · England and Wales · Non-trading

Significant events

• “During the year ended 11 January 2025, the Group successfully completed a large number of strategic projects to enhance its customer proposition, accelerate growth and increase profitability. These included the acquisition of two highly successful bingo clubs in Cricklewood and Northampton from Merkur and the offshoring of its Online business to Gibraltar as part of its strategy to drive growth and increase efficiencies.”
• “In addition, in the year the Group has commenced a multi-year investment programme into its retail estate that will deliver significant improvements in customer experience.”
• “The initial phases of this investment programme in the year ended 11 January 2025, saw a number of foundations addressed including the commencement of the replacement of legacy technology in Clubs, replacement of electronic bingo terminals, refresh of the clubs' slot machines estate, and the first club refurbishment.”
• “These initiatives were supplemented through the launch of a new concept club format in Borehamwood, where an existing club was relocated to a high-street location providing a compelling new lounge-style format bingo club.”
• “During the year the Group was served notice on two of its leases by landlords for the purpose of redevelopment of the sites. This resulted in the Group permanently closing the Worthing club, on 25th January 2025, and the Stratford club on 2nd February 2025. These closures have reduced the trading estate to 79 clubs.”
• “On 3 June 2025, the Group agreed with its funders ICG and Barclays. to increase the amount of funding provided to the Group and extend the term of their loans by two years. The Unitranche term loan with the Group's controlling party (ICG) and Barclays revolving credit facilities have been increased and extended to November 2027 and September 2027, respectively.”

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

Filings

3

last 12 months

Capital events

3

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

  -9%

  £204,026,000 → £185,659,000

• Cash

  -1.1%

  £22,868,000 → £22,607,000

• Net assets

  +83.9%

  £35,236,000 → £64,800,000

• Employees

  -7.4%

  2,142 → 1,983

• Operating profit

  +974.2%

  £8,289,000 → £89,040,000

• Profit before tax

  +1,373.4%

  -£7,648,000 → £97,391,000

• Wages

  +3.2%

  £42,629,000 → £44,006,000

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