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Parkingeye accounts: £61m turnover, 65% gross profit margin, 27% net operating margin
Comments
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It's low because the Turnover figure is based on PCN's paid not actually issued.
For example, in the year ended 31st December 2024 Parking Eye made 2.27million KADOE requests which at say £60 per PCN means a minimum turnover of £136m, rather than £61m.
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"The private parking industry is regulated in the UK"
It most certainly isn't!
PRIVATE 'PCN'? DON'T PAY BUT DON'T IGNORE IT (except N.Ireland).
CLICK at the top or bottom of any page where it says:
Home»Motoring»Parking Tickets Fines & Parking - read the NEWBIES THREAD1
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