ROYALE PARKS (RECULVER) LIMITED
Company number 06409875 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
Royale Parks (Reculver) Limited is a caravan park business with a valuable coastal Kent property asset but is currently in insolvency proceedings due to a severe liquidity crisis—net current liabilities exceed £3 million against cash of just £21,537. The underlying business model shows attractive gross margins (75%+) and benefits from UK staycation demand, but revenue deterioration and cash conversion failures have rendered the company unable to continue as a going concern without restructuring. The most viable path forward is likely a structured sale or recapitalization through the insolvency process, leveraging the property asset value to satisfy creditors while preserving operational continuity under new or restructured ownership.
Shareholders' funds
£1,137,521
Balance sheet as at 2017-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2007-10-26
- Registered office
- C/O James Cowper Kreston The White Building, 1-4 Cumberland Place, Southampton, SO15 2NP
- Postcode
- SO15 2NP
- Capital
- 100 GBP
- Accounts category
- Small
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2021-09-30
- Next due by
- 2023-12-31 Overdue
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2022-10-26
- Next due by
- 2023-11-09 Overdue
Nature of business (SIC)
- 55300 Recreational vehicle parks, trailer parks and camping grounds
Officers 4 current · 6 resigned
Group structure
Controlled by ROYALE PARKS LIMITED — since 2017-10-06
From persons-with-significant-control filings on the public register.
Contact details
Previous company names
| Name | Date changed |
|---|---|
| WATERWAYS CARAVAN PARK & AMUSEMENTS LIMITED | 2017-10-26 |
| BRMCO (161) LIMITED | 2008-03-01 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| 7TH FLOOR DASHWOOD HOUSE 69 OLD BROAD STREET, LONDON, EC2M 1QS, ENGLAND | 2018-05-20 |
| WATERWAYS CARAVAN PARK RECULVER LANE, HERNE BAY, KENT, CT6 6ST | 2017-10-11 |
| RANKSBOROUGH HALL, LANGHAM, OAKHAM, RUTLAND, LE15 7JR | 2012-06-26 |
| GRAY COURT, 99 SALTERGATE, CHESTERFIELD, DERBYSHIRE S40 1LD | 2008-02-20 |
The class of 2007
28%
of the 228,173 companies incorporated in 2007 are still active today; 69% have since been dissolved.
A fact about the year, not a forecast for this company.