Matt N
CF Legend
Yes, that was indeed a post I made elsewhere on the topic!I was looking for their profit figures and came across what looks like a post you made elsewhere!
It's quite difficult to fully analyse due to all the other variables (eg. Major ride investment and financial crash).
- Year ending April 1999 (i.e. 1998 season): Loss of £1,349,000
- Year ending April 2000 (i.e. 1999 season): Loss of £744,000
- Year ending April 2001 (i.e. 2000 season): Profit of £1,527,000
- Year ending March 2002 (i.e. 2001 season): Profit of £1,268,000
- Year ending March 2003 (i.e. 2002 season): Loss of £58,000
- Year ending March 2004 (i.e. 2003 season): Profit of £95,000
- Year ending March 2005 (i.e. 2004 season): Profit of £3,320,000
- Year ending April 2006 (i.e. 2005 season): Loss of £5,649,000
- Year ending April 2007 (i.e. 2006 season): Loss of £1,347,000
- Year ending March 2008 (i.e. 2007 season): Profit of £2,687,000
- Year ending April 2009 (i.e. 2008 season): Loss of £4,279,000
- Year ending April 2010 (i.e. 2009 season): Loss of £521,000
- Year ending April 2011 (i.e. 2010 season): Loss of £764,000
- Year ending April 2012 (i.e. 2011 season): Loss of £1,313,000
- Year ending March 2013 (i.e. 2012 season): Loss of £2,547,000
- Year ending March 2014 (i.e. 2013 season): Loss of £1,867,000
- Year ending March 2015 (i.e. 2014 season): Profit of £364,000
- Year ending March 2016 (i.e. 2015 season): Loss of £129,000
- Year ending March 2017 (i.e. 2016 season): Loss of £264,000
- Year ending March 2018 (i.e. 2017 season): Loss of £3,008,000
- Year ending March 2019 (i.e. 2018 season): Loss of £1,874,000
- Year ending March 2020 (i.e. 2019 season): Loss of £2,021,000
It’s hard to judge whether the sole pay-one-price system that they’ve been operating since COVID has had a positive or negative impact, as COVID itself threw a considerable spanner in the works, but for what it’s worth, the park actually turned an outstanding pre-tax profit of £8,584,000 during the 2021 season according to the accounts up to March 2022… if that trend is reflected in the next set of accounts, maybe the move to pay-one-price may actually have been beneficial?
2020’s pre-tax loss figure also didn’t seem as terrible as it could have been given that the park was shut until July… the pre-tax loss was £2,941,000 compared to £2,021,000 for 2019.
It’s also worth noting that the introduction of paid non-ride entry actually saw a lower loss than the previous year, so there certainly wasn’t a cliff-edge drop in profits associated with free entry going as some imply.
But as you say, I think Blackpool Pleasure Beach’s financial predicament is too complex to blame on any one factor alone.
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