How much does Britannia Parking Services Limited make?

Britannia Parking Services Limited reported revenue of £23.3m and £2.2m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Britannia Parking Services Limited have?

Britannia Parking Services Limited reported an average of 93 employees in the year to 31 Dec 2023.

Is Britannia Parking Services Limited profitable?

Yes — Britannia Parking Services Limited reported a profit of £2.2m in the year to 31 Dec 2023.

Company No. 08187238 · Incorporated 21 Aug 2012

Britannia Parking Services Limited

Registered name: BRITANNIA PARKING SERVICES LIMITED

Part of Q-Park UK Limited group

Britannia Parking Services Limited made £23.3m revenue and £2.2m profit in the year to 31 Dec 2023. read from filing text

Britannia Parking Services Limited’s revenue was £23.3m in the year to 31 Dec 2023, with £2.2m profit and 93 employees. The company is classified under “other business support service activities” and is based in Bournemouth; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Bournemouth, South West
Age: 14 yrs · since 2012
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 31 Dec 2023

Key figures

Capital-light

Revenue

£23.3m

Growth —

Profit

£2.2m

Growth —

Profit margin

9.6%

Gross 42%

Employees

Change —

Profit / employee

£24k

Revenue/employee £250k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£12.1m	£23.3m
Cost of sales	£7.1m	£13.5m
Gross profit	£5m	£9.8m
Operating profit	£1.5m	£2.8m
Profit before tax	£1.5m	£2.8m
Profit after tax	£1.2m	£2.2m
Profit (best available)	£1.2m	£2.2m
Staff costs	£2m	£3.5m
Employees (average)	83	93
Ratios
Profit margin	10.2%	9.6%
Gross margin	41.6%	42%
Revenue per employee	£146k	£250k
Profit per employee	£14.9k	£24k
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£1.1m
Net assets	£74.6k	£2.3m
Fixed assets	£953k	£1.3m
Current assets	£7.4m	£10.7m
Debtors	£368k	£970k
Deferred income	£5.5m	£5.5m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 9.6%; Profit ÷ revenue.
Gross margin: 42%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £250k; Revenue ÷ average employees.
Profit per employee: £24k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 23.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.2%; 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: —; Now £2.3m
Cash at bank: —; Now £1.1m
Headcount: —; Now 93
Deferred income: —; Now £5.5m
Fixed assets: —; Now £1.3m

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

Q-Park UK Limitedultimate parent75–100%
Britannia Parking Group Limited75–100%
Britannia Parking Services Limitedthis company

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

Sister companies (7)

Brit Park LtdRev. £5.8m · Profit £221k
Airport Parking LimitedFigures not disclosed
Associated Parking LimitedFigures not disclosed
Britannia Parking LimitedFigures not disclosed
Britannia Parking Transport Services LtdFigures not disclosed
Britguard LimitedFigures not disclosed
Thistle Parking LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £2.2m), from the Companies House accounts bulk data published Sep 2024. 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.