REEL CINEMAS (EUROPE) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-01-02
Confirmation statement due
2027-04-05 (in 11mo)
Last made up 2026-03-22
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
-184.9% 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 | — | — | — | — | £13,909,593 | £16,096,292 | |
| Operating profit | — | — | — | — | £373,986 | -£213,388 | |
| Profit before tax | — | — | — | — | £307,799 | -£261,336 | |
| Net profit | — | — | — | — | £9,115 | -£285,579 | |
| Cash | — | — | — | — | £2,849,421 | £2,163,653 | |
| Total assets less current liabilities | £3,978,890 | £3,978,890 | £3,978,890 | £3,978,890 | £14,844,435 | £15,367,845 | |
| Net assets | — | — | — | — | £6,941,615 | £6,656,036 | |
| Equity | £3,978,890 | £3,978,890 | £3,978,890 | £3,978,890 | £6,941,615 | £6,656,036 | |
| Average employees | 191 | 222 | 242 | 272 | 257 | 301 | |
| Wages | — | — | — | — | £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%
£13,909,593 £16,096,292
-
Cash
-24.1%
£2,849,421 £2,163,653
-
Net assets
-4.1%
£6,941,615 £6,656,036
-
Employees
+17.1%
257 301
highest in 6 filed years
-
Operating profit
-157.1%
£373,986 -£213,388
-
Profit before tax
-184.9%
£307,799 -£261,336
-
Wages
+25%
£3,092,112 £3,865,915
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 | — | — | — | — | 2.7% | -1.3% | |
| Net margin | — | — | — | — | 0.1% | -1.8% | |
| Return on capital employed | — | — | — | — | 2.5% | -1.4% | |
| Gearing (liabilities / total assets) | — | — | — | — | 66.1% | 66.8% | |
| Current ratio | — | — | — | — | 0.92x | 1.15x | |
| Interest cover | — | — | — | — | 3.22x | -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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Magma Audit LLP (part of the Dains Group)
- 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.”
Group structure
- REEL CINEMAS (EUROPE) LIMITED · parent
- Reel Cinemas Limited 100%
Significant events
- “In January 2024, we opened our newest cinema in Farnham, and we look forward to new sites in Bishop Auckland (2026) and Ashington (2027), alongside targeted investment in our existing footprint.”
- “2024 also brought deep personal reflection with the loss of our founder and my father - KC Suri”
- “At the time of signing this Report, REEL Cinemas is debt free, with healthy cash reserves providing a strong foundation for targeted investment and growth.”
- “In September 2025, we completed the sale of our Ilkeston cinema (Scala) to another operator, following a review of where best to invest time and resources as part of our strategy for sustainable growth.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SURI, Suman | Secretary | 2011-03-22 | — | — |
| SURI, Rachna | Director | 2013-02-01 | Jul 1983 | British |
| SURI, Sunil | Director | 2013-02-01 | Jun 1990 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SURI, Kailash Chander | Director | 2011-03-22 | 2024-03-31 |
| SURI, Naveen | Director | 2013-02-01 | 2020-09-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Miss Rachna Suri | Individual | Shares 50–75%, Voting 50–75% | 2024-08-30 | Active |
| Mr Sunil Suri | Individual | Shares 50–75%, Voting 50–75% | 2024-08-30 | Active |
Filing timeline
Last 20 of 52 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-17 | AA | accounts | Accounts with accounts type group | |
| 2025-03-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-23 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-10-23 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-10-23 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-09-12 | AA | accounts | Accounts with accounts type group | |
| 2024-04-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-06 | AA | accounts | Accounts with accounts type group | |
| 2023-03-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-11-21 | CH01 | officers | Change person director company with change date | |
| 2022-07-11 | AA | accounts | Accounts with accounts type group | |
| 2022-03-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-12-06 | CH01 | officers | Change person director company with change date | |
| 2021-09-29 | AA | accounts | Accounts with accounts type group | |
| 2021-03-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-10 | AA | accounts | Accounts with accounts type group | |
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.