Regal Amusement Machine Sales Limited

Regal Amusement Machine Sales Ltd, operating from Bamber Bridge in Preston, UK, is a large company holding a significant position in the amusement equipment sector. Incorporated 28 years ago in March 1997, the company employs 393 people and boasts assets totaling £13,214,364. As a holding company with an active status, it’s a key player, managed by two directors and one owner. The business regularly imports furniture, lighting, and prefabricated buildings (for five months), and exports machinery, boilers, and mechanical appliances (also for five months).

The company’s website, Regal Gaming Technologies, paints a picture of a comprehensive venue solutions provider. It’s a leading UK supplier of amusement equipment to the leisure sector, offering everything from digital cabinets and jukeboxes to white goods and content. The site emphasizes internally developed tech solutions, contactless payment technology, and safer gambling initiatives. It even has a dedicated advisory board for safer gambling, demonstrating a commitment to responsible gaming. The company operates over 15,000 machines from nine regional depots, ensuring optimal service and support. Recent news highlights include a new multichannel game launch and a partnership with Coinslot magazine.

Financially, Regal Amusement Machine Sales Ltd’s numbers show a mixed picture. While assets remain stable at £13,000,000, net assets have decreased by 39%, dropping to £14,000,000. Bank borrowings have increased by 15%, reaching £3,100,000, and cash reserves have fallen 20% to £3,900,000. Creditors have also decreased by 14%, suggesting a focus on managing debt. The company meets two of three criteria to be considered a large company: turnover exceeding £36 million and balance sheet total over £18 million, as well as having more than 250 employees. The lack of an auditor is likely due to the company’s size.

The company’s increased administrative expenses by 15% to £14,000,000, and the drop in net assets could indicate growing operational costs. However, the continued growth in revenue, evidenced by the increased cost of sales from £22,000,000 to £28,000,000, suggests that the business is still generating substantial income. The company’s reliance on bank borrowings to fund operations could be a concern, but the decrease in creditors suggests that the company is managing its short-term liabilities effectively. The directors are responsible for the financial statements.

Registered in England/Wales under the registration number 03329800, with a registered address at PR5 8BF, Bamber Bridge, Preston, 139 Brookfield Place, Walton Summit Centre.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.