PRESTIGE COUNTRY PARKS LIMITED

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

• Turnover

  +8.3%

  £17,115,962 → £18,543,379

• Cash

  +28.6%

  £2,483,908 → £3,193,389

  highest in 6 filed years

• Net assets

  -9.9%

  £21,284,426 → £19,168,787

  first positive since 2019

• Employees

  +4.4%

  45 → 47

  highest in 6 filed years

• Operating profit

  -38.5%

  £3,067,672 → £1,887,274

• Profit before tax

  -78.5%

  £2,462,595 → £529,920

• Wages

  +18.5%

  £1,025,370 → £1,215,178

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

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

GH Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. PRESTIGE COUNTRY PARKS LIMITED · parent
   1. Allerthorpe Golf and Country Park Limited 100% · United Kingdom
   2. Brickyard Leisure Ltd 100% · United Kingdom
   3. Vale of York Country Park Limited 100% · United Kingdom
   4. Moor Valley Country Park Ltd 100% · United Kingdom
   5. Wild Rose Country Park Ltd 100% · United Kingdom
   6. Sandholme Country Park Limited 100% · United Kingdom
   7. Malton Grange Lodges Limited 100% · United Kingdom
   8. Galtres Retreat & Lodge Park Ltd 100% · United Kingdom

Significant events

• “In common with other businesses in the holiday park sector, we faced a number of challenges in 2024; continuing inflation, competition with national and international tourism, and poor weather.”
• “Inflation has been reduced slightly from 4.2% in the 12 months to December 2023 to 3.5% in the 12 months to December 2024, however, the continued effect has resulted in consumers continuing to cut back on discretionary spending and has tightened profit margins within the industry. Additionally, adverse weather has deterred individuals from booking holidays within the UK has driven consumers to look overseas for holidays reducing staycations.”
• “Turnover in the year to 31 December 2024 grew by 8% (2023-8%). This continued increase has been benefited by the inclusion of Galtres Retreat & Lodge Park Ltd for the first whole year. The primary driver of the turnover increase is the improvement to unit sales during the year.”
• “However, the cost of goods and services remain significantly higher than in previous year, this has resulted in a slight decrease to the Gross Margin to 33% (2023-39%) and lead to Operating Profit to fall from £3,067,672 to £1,887,274.”
• “Despite these difficulties the group has managed their cash flows to enable the cash at bank to increase by £709k to £3,193,389 (2023 £2,483,908). Due to the nature of the group's business of operating residential and holiday parks, the group enjoys a short debtor days period of 15 days (2023 - 13 days).”
• “Although liquidity has fallen during the year to 104% (2023-137%), this is from the Group utilising longer credit terms available from suppliers. The Group continues to make good on its debt repayments.”
• “In the previous year additional loans were used to fund the acquisition of Galtres Retreat & Lodge Park Ltd. This increased the gearing of the group to 56% for 2023. In the current year the group has repaid £1m of their outstanding finance, as finance costs represent a significant outgoing for the group this will benefit overall performance of the group into the future.”
• “Despite the repayment of finance during the year gearing has increased further to 58% in the year. However, this has been driven by the use of hire purchase to finance the acquisition of fixed assets, showing the groups commitment to further improvement of their existing sites. This is further evidenced by applications for additional planning permission to increase the development of various parks.”

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

1

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.