REEL CINEMAS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-01-02
Confirmation statement due
2027-05-25 (in 1y)
Last made up 2026-05-11
Watchouts
None on the register
Cash
£2M
-24.1% vs 2023
Net assets
£7M
-4.1% vs 2023
Employees
301
+17.1% highest in 6 filed years
Profit before tax
-£261K
-179.7% vs 2023
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-01-02
| Metric | Trend | 2019-12-26 | 2020-12-31 | 2021-12-30 | 2022-12-29 | 2023-12-28 | 2025-01-02 |
|---|---|---|---|---|---|---|---|
| Turnover | £11,061,887 | £3,103,098 | £8,461,667 | £13,314,020 | £13,909,594 | £16,096,292 | |
| Operating profit | £320,275 | -£2,113,039 | £115,127 | £2,591,682 | £394,161 | -£213,389 | |
| Profit before tax | £269,615 | -£2,231,930 | £49,047 | £2,454,860 | £327,974 | -£261,337 | |
| Net profit | £218,133 | -£1,885,891 | -£330,749 | £1,939,349 | £29,290 | -£285,580 | |
| Cash | £1,123,906 | £1,246,733 | £1,024,338 | £2,329,665 | £2,849,421 | £2,163,653 | |
| Total assets less current liabilities | £12,143,717 | £14,333,646 | £13,820,396 | £13,924,964 | £14,870,446 | £15,393,855 | |
| Net assets | £7,215,627 | £5,329,736 | £4,998,987 | £6,938,336 | £6,967,626 | £6,682,046 | |
| Equity | £7,215,627 | £5,329,736 | £4,998,987 | £6,938,336 | £6,967,626 | £6,682,046 | |
| Average employees | 191 | 222 | 238 | 272 | 257 | 301 | |
| Wages | £2,114,551 | £2,289,937 | £2,684,535 | £3,060,137 | £3,092,112 | £3,865,915 | |
| Directors' remuneration | — | — | — | — | — | — |
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
Year-on-year
FY2023 → FY2025 · period ending 2025-01-02 vs 2023-12-28
-
Turnover
+15.7%
£13,909,594 £16,096,292
highest in 6 filed years
-
Cash
-24.1%
£2,849,421 £2,163,653
-
Net assets
-4.1%
£6,967,626 £6,682,046
-
Employees
+17.1%
257 301
highest in 6 filed years
-
Operating profit
-154.1%
£394,161 -£213,389
-
Profit before tax
-179.7%
£327,974 -£261,337
-
Wages
+25%
£3,092,112 £3,865,915
highest in 6 filed years
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-26 | 2020-12-31 | 2021-12-30 | 2022-12-29 | 2023-12-28 | 2025-01-02 |
|---|---|---|---|---|---|---|---|
| Operating margin | 2.9% | -68.1% | 1.4% | 19.5% | 2.8% | -1.3% | |
| Net margin | 2.0% | -60.8% | -3.9% | 14.6% | 0.2% | -1.8% | |
| Return on capital employed | 2.6% | -14.7% | 0.8% | 18.6% | 2.7% | -1.4% | |
| Gearing (liabilities / total assets) | — | — | — | — | 66.0% | 66.7% | |
| Current ratio | — | — | — | — | 0.92x | 1.16x | |
| Interest cover | 6.32x | -17.75x | 1.74x | 18.55x | 3.39x | -2.73x |
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.
Name history
Renamed 2 times since incorporation
- REEL CINEMAS LIMITED 2005-08-30 → present
- CURZON LEISURE GROUP LIMITED 1999-07-22 → 2005-08-30
- PICCADILLY 514 LIMITED 1998-05-11 → 1999-07-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Magma Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have assessed the financial position of the company in the normal way as part of giving consideration to the company's continued adoption of the going concern basis of accounting. This assessment reflects the company's strong cash position and minimal gearing following the repayment of CBILS at the date of signing the Report. In addition, the company prepares monthly management accounts and maintains a rolling cash flow forecast enabling the Directors to monitor performance closely, assess the impact of market developments in near real-time, and take timely actions where necessary. Based on these factors, the Directors believe that the company has formally considered and concluded that the preparation of the financial statements on a going concern basis is appropriate.”
Significant events
- “In January 2024, we opened our newest cinema in Farnham”
- “new sites in Bishop Auckland (2026) and Ashington (2027)”
- “loss of our founder and my father - KC Suri”
- “In September 2025, we completed the sale of our Ilkeston cinema (Scala)”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SURI, Rachna | Director | 2013-02-01 | Jul 1983 | British |
| SURI, Suman | Director | 2001-10-12 | Nov 1963 | British |
| SURI, Sunil | Director | 2013-02-01 | Jun 1990 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GOLDSMITH, Peter Norman | Secretary | 1998-10-01 | 2001-10-16 |
| SURI, Kailash Chander | Secretary | 2001-10-12 | 2024-03-31 |
| LSG SERVICES LIMITED | Corporate Secretary | 1998-05-11 | 1998-10-01 |
| GARVIN, Michael Samuel Philip | Director | 1998-05-11 | 1998-10-01 |
| GOLDSMITH, Peter Norman | Director | 1998-10-01 | 2001-10-16 |
| HALL, Malcolm William | Director | 1998-10-01 | 2001-10-16 |
| MURRAY, Gavin Desmond Barrie | Director | 1998-10-01 | 2001-10-16 |
| NATHAN, Ronald | Director | 1998-10-01 | 2001-10-16 |
| POLLACCHI, David | Director | 1998-05-11 | 1998-10-01 |
| SURI, Kailash Chander | Director | 2001-10-12 | 2024-03-31 |
| SURI, Naveen | Director | 2013-02-01 | 2020-09-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Reel Cinemas (Europe) Limited | Corporate entity | ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm | 2016-04-06 | Active |
Filing timeline
Last 20 of 114 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-16 | AA | accounts | Accounts with accounts type full | |
| 2025-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-12 | AA | accounts | Accounts with accounts type full | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-04-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-04 | AA | accounts | Accounts with accounts type full | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-21 | CH01 | officers | Change person director company with change date | |
| 2022-07-11 | AA | accounts | Accounts with accounts type full | |
| 2022-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-06 | CH01 | officers | Change person director company with change date | |
| 2021-09-29 | AA | accounts | Accounts with accounts type full | |
| 2021-05-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-08 | AA | accounts | Accounts with accounts type full | |
| 2020-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2020-06-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-05-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-09-13 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.