A new white-knuckle rollercoaster ride, brand new hotel accommodation and a coastal attraction are among developments moving ahead at leisure leader Flamingo Land this year, accounts reveal.
The family-owned theme park, zoo and holiday village in Malton, North Yorkshire, has grown to become one of the most popular visitor attractions in the 海角视频, having welcomed thousands of guests over more than 40 years.
Now the business has outlined some of its future plans, including revealing the name of its new rollercoaster, which is set to be completed this year.
The firm’s plans are revealed in latest accounts for the business, for the year ended March 31, 2019, which show how continued investments have helped to drive up profits and revenues.
Turnover rose 9.96% to £32.04m and operating profit almost doubled from £1.77m to £3.2m. Pre-tax profit also increased from £1.77m to £3.26m.
Directors attribute the growth to further improvements in general park admissions and the continued success of the holiday village area.
The strategic report for the year details how the firm invested £2.02m in assets during the year, which included investing further in researching planning opportunities for an area of land in Scotland it acquired three years ago, as well as a £644,000 spend at the holiday village.
Repair and upkeep costs were £2.9m – up on the £2.3m spent the year before – and headcount increased, from 388 to 421 employees.
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Meanwhile, its plans to create Flamingo Land Coast in Scarborough, are also moving ahead, as are the refurbishment of the former Ashfield Country Manor, a grand building close to its entrance, which it acquired two years ago.
The building is being turned into more hotel accommodation which attraction owner Gordon Gibb has said will be called Dewars Hotel and Rooms.
The report said: “The scheme to develop an attraction on Scarborough seafront continued to move forward during the year and this proposal is currently under review by the local authority.
“As usual more improvements have been made to the holiday village including developing a new area, and a significant number of caravans have been replaced in the hire fleet as a part of the rolling programme of keeping the fleet up to date.
“Work also started on altering a property near the site entrance in order to develop hotel accommodation for guests.
“After the end of the accounting period the company purchased a world class 10-Inversion rollercoaster and work has started on the construction of the attraction which it is hoped will be operational in 2020.”
The report said directors aim to maintain the policies that have resulted in growth in recent years.
It added: “The new world class 10-Inversion ride that is planned for the 2020 season, the continued improvements to the holiday village and the development of the former Ashfield County Manor property into hotel accommodation demonstrate this continued commitment to providing modern and up to date facilities for visitors to the park.”