When it comes to proficient management of parking spaces across the UK, Britannia Parking Group Limited stands out prominently, given its innovative approach and widespread presence. This piece aims to shed light on the company's financial journey over recent years, taking into account the fluctuating patterns of KADOE inquiries and the consequential impact on company profits.
A Closer Look at Britannia Parking Group Limited
Founded on 16 August 2012, Britannia Parking Group Limited, headquartered in Bournemouth, Dorset, has made its mark in the parking management sector. With a flair for innovation, the company has established itself as one of the country's premier parking solution providers.
- Registered Office: 300 7th Floor, County Gates House, Poole Road, Poole, Dorset, England, BH12 1AZ.
For those who wish to dive deep into the operational aspects or address any grievances, Britannia Parking Group offers an open door for communications through its official website.
Financial Insights: A Year-by-Year Breakdown
| Year | KADOE Inquires | Company Turnover | Company Profit |
| 2019 | 251,863 | £17,753,768 | £1,124,001 |
| 2020 | 79,843 | £16,222,355 | £854,095 |
| 2021 | 210,646 | £8,557,036 | £1,997,720 |
| 2022 | 297,759 | £15,630,776 | £1,576,064 |
The company's financial journey over the years paints an interesting story:
2019: In 2019, the company reported 251,863 KADOE inquiries. Additionally, their turnover reached £17,753,768, and the profit stood at £1,124,001.
2020: However, in 2020, the company witnessed a significant shift. KADOE inquiries dropped to 79,843, marking a 68.3% decline from 2019. Moreover, the company's turnover decreased to £16,222,355, a 8.6% fall from the previous year. The company's profit also saw a reduction, coming down to £854,095, a 24% decrease from 2019.
2021: Moving into 2021, there was a dramatic change. Britannia Parking Group KADOE inquiries surged to 210,646, an impressive 163.6% increase from 2020. However, the turnover experienced a steep drop to £8,557,036, a 47.2% decrease from 2020. Despite this, the company's profit showed remarkable growth, rising to £1,997,720, a 134% increase from 2020.
2022: Then, in 2022, the upward trend continued. The company's KADOE inquiries increased further to 297,759, a 41.4% rise from 2021. Alongside, the company's turnover grew significantly to £15,630,776, an 82.8% increase from 2021. The company's profit, however, saw a decrease to £1,576,064, a 21.1% reduction from the previous year.
Drawing connections, it's evident that the year 2020 posed challenges for Britannia Parking Group Limited, given the sharp decrease in KADOE inquiries and profits. However, the subsequent rise in 2021 and 2022 indicates resilience and adaptability. The spike in KADOE inquiries, especially, signifies renewed interest and inquiries related to the company's services.
The Governance Behind the Parking Management Scenes
Under the aegis of the British Parking Association, Britannia Parking Group Limited has upheld the stringent standards and best practices that this governing body mandates. The association's guidelines assure customers and clients of the top-notch quality and reliability Britannia brings to the table.
Britannia Parking Group - Join the Conversation!
To delve deeper into Britannia Parking Group Limited's operations or to explore other significant entities in the UK parking domain, we invite you to click here. Furthermore, if you've interacted with Britannia, be it availing of their services or receiving a PCN, do consider leaving a review on our platform. Your feedback is invaluable in painting a comprehensive picture for prospective clients and customers!
Let's continue our journey through the financial tapestry of the UK’s parking industry, one company at a time. Stay tuned!
