Richardsons Leisure Limited
Registered name: RICHARDSONS LEISURE LIMITED
Part of Broads Holidays Limited groupRichardsons 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 5 Nov 2023 | 3 Nov 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 169 | 180 | 177 |
| Ratios | |||
| Profit margin | 11.5% | −4.7% | −9.8% |
| Gross margin | 42.7% | 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 |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Aug 2025 |
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.
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.
Group structure
Ownership chain
- Broads Holidays Limitedultimate parent75–100%
- Horning Pleasurecraft Limited75–100%
- 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).
Similar profitable businesses
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- Profit
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- Abc Leisure Group LimitedWorcestershire · Building of pleasure and sporting boats
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- Pearl Yachts LtdWarwick · Building of pleasure and sporting boats
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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.