Can't believe that SLP have hiked the rates by 15% for 2009/10
- water rates uo 38%
- waste dispossal up 25%
Talk about exploiting a monopoly position
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£30m Profit for SLP
@ 03/01/2008 – 04:40:03 pm
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L&G Sells Southlakeland Parks
@ 18/11/2007 – 12:45:54 pm
L&G Ventures have sold SLP and apparently made a £25m profit in less than eighteen months.
To learn more about our new owners please click on the following link
http://www.caterersearch.com/Companies/33994/admiral-taverns.html
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10th November - Social Evening
@ 21/10/2007 – 11:45:43 am
From Dave & Lyn
We were up at Limefitt last weekend, had a great time, before leaving on Sunday we popped in the office and had a chat with Mark, about various things, one of which was about if any festivities/get togethers were being arranged in the Haybarn over the Xmas period as it would be nice for all of us to get together (if possible). He was going to have a chat with Les find out any plans. He has just contacted us and advised that he has spoken to Les and they are arranging something for November (think the 10th), and communications will follow shortly.
So folks, would you be able to check your calendars and see if you could show the Haybarn & Les some support as he has shown great commitment this year Managing the Haybarn, and it will be good to catch up with everyone.
C U there !
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Kirkstone - 9 sold ?
@ 14/10/2007 – 07:16:06 pm
The SLP website reports that 9 lodges have been sold ?
Any Views ?
Here's the link
http://www.southlakelandparks.co.uk/kirkstone_development.asp
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Lodges for Sale - Carnforth Site
@ 12/10/2007 – 07:57:25 pm
John Morphet's new company held on to Lakeland Leisure Village and appears to be selling second hand lodges 'pre owned' ?
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Gas Bottle Switch Over Values
@ 12/10/2007 – 11:09:38 am
The long running story which started with John Morphet telling us that the gas bottle stands were fitted with switch over values - when one bottle emptied the value switched automatically to the second value!
Does anybody have this solution ?
was this another of John Morphet's good intentions !
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Half Price Lodge Insurance
@ 12/10/2007 – 11:02:00 am
The cost of lodge insurance is coming down! Thanks to John for finding Schofield Insurance
Schofields Ltd/Underwriting Agencies
Trinity House, 7 Institute Street, Bolton. BL1 1PZ.T: 01204 365080 F: 01204 394346
www.schofields.ltd.uk Holiday Home Insurance for UK and Overseas HomesLike most new Owners on the Park we naively signed up with South Lakeland and paid over £650. We then used RK Shipman and Towergate who charged the same price BUT were independant from the site
For those who rent Schofields provide £5m of public liability insurance ( I checked this out with John Schofield directly )
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Park Homes - the next generation
@ 02/09/2007 – 01:51:28 pm
The Park Industry is entering the next phase of replacing incumbent management teams with industry 'big hitters' . One of the Road Chef guys is ironically my old boss going back ten years! ,,,he was big on customer service and delivering on promises
FromSeptember 2, 2007Holiday firm founders break away
THE three most senior executives at the Park Resorts holiday company are stepping down less than six months after the business was acquired in a £440m management buyout.
David Vaughan, chief executive, Robert Sewell, finance director, and Alan Castledine, operations director, are handing over control to a new management team that is being led by Martin Grant, who was previously chief executive of Road-chef, the operator of motorway service stations.
The three outgoing executives have been with the business since founding it together by buying 12 holiday parks from Bourne Leisure in 2001.
GI Partners, the private-equity house that backed the buyout last March, said the departures were entirely amicable. The three outgoing bosses will retain a stake worth £12m.
Brad Altberger, a managing director at GI, insisted that it was always the intention to replace Vaughan and his team. “GI Partners and the existing management team always envisioned a transition to a new management team during GI Partners’ hold period,” he said.
However, the timing of the departures will surprise some observers, coming soon after the deal was completed.
Park Resorts is one of Britain’s largest operators of caravan parks, with some 35 sites across the country. It is thought to be working on a number of small-scale acquisitions to expand its operations.
Grant has already begun working at the group and will be joined there by his former Road-chef colleagues Colin Bramall and Richard Hunt.
Altberger said: “The business is being handed over in good order and is on track to have its best year ever.”
Vaughan said: “Robert, Alan and I will be fully supportive to assure that there is an orderly transition to Martin and his team.”
GI bought the company in March from rival buyout firm ABN Amro Capital. ABN had itself acquired the business from Close Brothers Private Equity.
The caravan-park sector has proved popular with private-equity investors. Alchemy Partners backed the public-to-private buyout of Parkdean and recently expanded the business through the acquisition of rival operator Weststar Holidays.
GI Partners has a strong interest in Britain’s leisure sector. Its other investments include Orchid Pubs, a company that was formed to buy an estate of nearly 300 pubs from Punch Taverns
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2008 Site Fees Increase is 4.4.%
@ 12/08/2007 – 11:02:08 am
The annual increase is based upon RPI rates which can be found on the following Government website
http://www.statistics.gov.uk/cci/nugget.asp?id=19
RPI inflation rose to 4.4 per cent in June, up from 4.3 per cent in May. The main upward pressure came from mortgage interest payments – which are excluded from the CPI – with lenders passing on the remainder of this May’s quarter point increase in the Bank Rate. Other factors impacting on the RPI were similar to those that affected the CPI.
