NIMAX LLP

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

Consolidated group

Auditor

Blinkhorns

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the members have a reasonable expectation that the limited liability partnership has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

1. NIMAX LLP · parent
   1. Nimax Theatres Limited 100% · England and Wales · Theatre management
   2. Vaudeville Theatre 99% · England and Wales · Theatre owner
   3. Palace Theatre London Limited 100% · England and Wales · Theatre owner

Significant events

• “Turnover rose by 8.1% to £35.5 million (2023 - £32.8 million); Operating profit, prior to capital repayments, increased to £10.1 (2023 - £8.1 million).”
• “The company continued to invest in its theatres and, despite a full programme of shows playing at all the venues, managed to deliver a programme of maintenance and replacement during the year.”
• “Our financial year 2023/24 has seen the business, invest significantly in the modernisation of the estate's heating facilities. We successfully replaced old boilers, more than 50 years old, at the Lyric theatre with a modern and efficient system with associated control systems and invertor driven pumps.”
• “In addition to this we replaced the oil fired boilers at the Palace theatre, which were 80 years old, to modern gas boilers.”

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

Filings

2

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

  +8.1%

  £32,842,047 → £35,508,172

• Cash

  +15.1%

  £26,451,244 → £30,437,846

• Net assets

  +4.6%

  £125,335,674 → £131,160,174

• Employees

  +2.4%

  457 → 468

• Operating profit

  +24.9%

  £8,115,776 → £10,136,844

• Profit before tax

  +34.7%

  £7,331,789 → £9,875,896

• Wages

  +7.3%

  £11,224,013 → £12,039,808

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