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Company No. 00685774 · Incorporated 9 Mar 1961

Richardsons Leisure Limited

Registered name: RICHARDSONS LEISURE LIMITED

Part of Broads Holidays Limited group

Richardsons Leisure Limited made £11.6m revenue and a £1.1m loss in the year to 3 Nov 2024.

Richardsons Leisure Limited’s revenue fell 3% to £11.6m in the year to 3 Nov 2024, with a loss of £1.1m and 177 employees. The company is classified under “building of pleasure and sporting boats” and is based in Stalham Norwich; we hold 3 years of its filed accounts.

Status
Active
Location
Stalham Norwich, East of England
Age
65 yrs · since 1961
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 3 Nov 2024

Key figures

Revenue
£11.6m
Growth ▼3%
Profit
−£1.1m
Growth —
Profit margin
−9.8%
Gross 31.8%
Employees
177
Change ▼1.7%
Profit / employee
−£6.4k
Revenue/employee £65.7k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 20225 Nov 20233 Nov 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£12.9m£12m£11.6m
Cost of sales£7.4m£8.1m£7.9m
Gross profit£5.5m£3.9m£3.7m
Operating profit£2.4m£81.6k−£437k
Profit before tax£2m−£628k−£1.3m
Profit after tax£1.5m−£557k−£1.1m
Profit (best available)£1.5m−£557k−£1.1m
Staff costs£3.9m£4.6m£4.8m
Employees (average)169180177
Ratios
Profit margin11.5%−4.7%−9.8%
Gross margin42.7%32.8%31.8%
Revenue per employee£76.5k£66.6k£65.7k
Profit per employee£8.8k−£3.1k−£6.4k
Growth (year on year)
Revenue growth—▼7.2%▼3%
Profit growth—▼137.4%—
Headcount growth—▲6.5%▼1.7%
Balance sheet — indirect signals, not revenue
Cash at bank£1.7m£84.1k£102k
Net assets£13.6m£12.8m£11.6m
Fixed assets£29.3m£30.9m£31.9m
Current assets£3.4m£1.7m£2m
Debtors£216k£100k£195k
Deferred income£694k£532k£651k
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
−9.8%
Profit ÷ revenue.
Gross margin
31.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£65.7k
Revenue ÷ average employees.
Profit per employee
−£6.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
274%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
5.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
1.7%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼9%
Now £11.6m
Cash at bank
▲21%
Now £102k
Headcount
▼2%
Now 177
Deferred income
▲23%
Now £651k
Fixed assets
▲3%
Now £31.9m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Broads Holidays Limitedultimate parent75–100%
  2. Horning Pleasurecraft Limited75–100%
  3. Richardsons Leisure Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 3 Nov 2024 (profit −£1.1m), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.