In the world of private parking enforcement, Minster Baywatch Ltd has stood as a beacon of expertise for over three decades. But how does a stalwart in parking regulation fare when it comes to the financial scorecard? This analysis dives into the financial evolution of Minster Baywatch Ltd, correlating the ebb and flow of KADOE (Keeper of a Vehicle at the Date of an Event) inquiries with their fiscal performance.
Financial Overview: A Four-Year Snapshot
2019 – The Benchmark Year: With 26,951 KADOE inquiries on record, Minster Baywatch set their financial pace. The year closed with debtors at £188,683 and a comfortable cash reserve in the bank tallying to £146,222. Their fixed assets were valued at £84,747, while the net assets—a reflection of the company's valuation—stood at £270,358.
2020 – Adjusting to Changes: KADOE inquiries witnessed a 28.6% decrease, numbering 19,239. Despite this, Minster Baywatch experienced a debtor increase to £236,692. Interestingly, cash at the bank rose to £183,895, and fixed assets saw a significant increase to £149,766. However, the net assets slightly dipped by 5.5% to £255,410.
2021 – A Year of Growth: The inquiries bounced back, escalating to 32,261—a 67.6% increase from the previous year. This positive trend echoed across the balance sheet, with debtors peaking at £391,844 and a remarkable cash at the bank boost to £353,012. The fixed assets also grew to £205,329, culminating in a net asset growth of a substantial 98.9%, reaching £507,350.
2022 – Stability Amid Expansion: In a surprising twist, KADOE inquiries surged to 55,533 for Minster Baywatch, showcasing a growth of 72.2%. The debtors slightly regressed to £301,156, but the company’s liquidity significantly strengthened, with cash at the bank reaching a high of £756,209. Fixed assets continued their upward trend to £231,179. However, there was a slight contraction in net assets by 3.1%, bringing it to £491,362.
| Year | KADOE Inquires | Debtors | Cash at bank | Fixed Assets | Net Assets |
| 2019 | 26,951 | £188,683 | £146,222 | £84,747.00 | £270,358 |
| 2020 | 19,239 | £236,692 | £183,895 | £149,766.00 | £255,410 |
| 2021 | 32,261 | £391,844 | £353,012 | £205,329.00 | £507,350 |
| 2022 | 55,533 | £301,156 | £756,209 | £231,179.00 | £491,362 |
Understanding the KADOE Factor
KADOE inquiries are a fundamental part of parking enforcement operations. An uptick in these inquiries can signal more active enforcement and potentially more revenue. The data for Minster Baywatch Ltd indicates that while KADOE inquiries fluctuate, the overall financial response has been positive, with the exception of 2020—possibly indicative of broader market challenges.
Minster Baywatch Ltd's Financial Health
The financial journey of Minster Baywatch Ltd points towards a strong and growing operation. The company has shown resilience by maintaining an upward trajectory in cash reserves and net assets over the four-year period, which speaks volumes about its financial stability and strategic operations.
The Role of the British Parking Association
As a member of the British Parking Association, Minster Baywatch Ltd aligns with best practice standards and compliance within the parking sector, which may have played a significant role in their financial stewardship and industry reputation.
Engage with Minster Baywatch Ltd
Understanding the financial aspect of Minster Baywatch Ltd is pivotal, but the real story unfolds through individual experiences. We encourage you to explore Minster Baywatch Ltd on our platform to learn more about their services. If you've had any direct interactions, received a PCN, or used their services, please share your review. Your insights not only help others make informed decisions but also contribute to the community's understanding of Minster Baywatch’s place in the parking enforcement sphere.
Call to Action
Share your story—whether it’s a testimony of effective parking management or an appeal process journey, your perspective is invaluable. Visit the link, leave your feedback, and become a part of shaping the narrative for a company that’s been steering the way in parking enforcement for years.
