2007 Profit Track 100
Rank: 57 Park Resorts
Bought by GI Partners last month for a reported £440m
Park Resorts runs caravan parks for holidaymakers at 35 seaside locations from Scotland to the Isle of Wight. It also sells holiday homes. The company currently has 18,500 pitches, with planning permission for a further 1,250. Over the winter it completed an £18m revamp of its facilities, mainly at the 19 GB Holidays sites acquired in 2004 when ABN Amro merged the companies. ABN Amro recently sold Park Resorts to the private-equity firm GI Partners for £440m. Chief executive David Vaughan has delivered annual profit increases of 60% from £6.4m in 2003 to £26.6m in 2006.
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Park Resorts runs caravan parks for holidaymakers at 35 seaside locations from Scotland to the Isle of Wight. It also sells holiday homes. The company currently has 18,500 pitches, with planning permission for a further 1,250. Over the winter it completed an £18m revamp of its facilities, mainly at the 19 GB Holidays sites acquired in 2004 when ABN Amro merged the companies. ABN Amro recently sold Park Resorts to the private-equity firm GI Partners for £440m. Chief executive David Vaughan has delivered annual profit increases of 60% from £6.4m in 2003 to £26.6m in 2006.
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Company facts
Park Resorts
Caravan park operator
Company website
| Profit growth | 60.35% pa |
| 2006 profit | £26.6m |
| 2003 profit | £6.4m |
| 2006 staff | 1,427 |
| Founded | 2001 |
| Location of HQ | Hemel Hempstead |
| If applicable: * = annualised figures ‡ = draft accounts |
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